NOT LISTED FOR SALE

Estimated Value: $521,037 - $811,000

7 Beds
4 Baths
2,232 Sq Ft
$282/Sq Ft Est. Value

Last Sold February 24, 2014

Last sale price $279,200 $125 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,750/month

638 Days on Market

About This Home

As of February 2014

Priced to sell!!! Back on market due to fail of buyer's finance. Fully rented! Completely remodeled ranch style 4plex with stable income, Very low maintenance, each unit has its own fenced back yard and covered patio.On busline,convenient location to all. Please do not disturb tenants. LA is part of owner.

Last Agent to Sell the Property

Mercedes Li

Mercedes Realty LLC License #200408060 Listed on: 04/17/2012

Last Buyer's Agent

Daniel Goss

Century 21 North Homes Realty License #200301185

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 1963

Lot Details

  • 0.3

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Range

Parking

  • Paved Parking
  • Assigned Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,894

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2232
  • Stories: 1
  • Year Built: 1963
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: PARTITION PLAT 2005-109, LOT 2

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt

Garage/Parking

  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator

Schools

  • Elementary School: Alder
  • Middle School: Centennial
  • High School: Centennial

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: R5

Tax Info

  • Tax Amount: 3347.97
  • Assessor Parcel Number: R573842

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 100.90

MLS Schools

  • Elementary School: Alder
  • High School: Centennial
  • Middle School: Centennial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2012
Closed on
Feb 24, 2014
Sold by
Lin Amy
Bought by
Brey Paul E and Brey Peggy J
Seller's Agent
Mercedes Li
Mercedes Realty LLC
Buyer's Agent
Daniel Goss
Century 21 North Homes Realty
List Price
$300,000
Sold Price
$279,200
Premium/Discount to List
-$20,800
-6.93%
Total Days on Market
638
Current Estimated Value
$629,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,559
Avg. Annual Appreciation
7.97%
Original Mortgage
$209,400
Outstanding Balance
$163,076
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$499,944

Purchase Details

Closed on
Jan 7, 2011
Sold by
Amy Properties Llc
Bought by
Lin Amy and Li Hongbo

Purchase Details

Closed on
Dec 15, 2010
Sold by
U S Bank National Association
Bought by
Amy Properties Llc

Purchase Details

Closed on
Sep 16, 2010
Sold by
Stark Shane
Bought by
U S Bank National Association
Source: Public Records

Similar Homes in Portland, OR

  • 4915 SE 111th Ave, Portland, OR 97266

    $675,000

    • 8 Beds
    • 4 Baths
    • 3,095 Sq Ft
    • 4915 SE 111th Ave
    • Portland, OR

    EXCELLENT CASH FLOW or INCREDIBLE OPPORTUNITY TO LIVE IN A 4 BED 2 BATH HOME AND OWN TWO OTHER HOMES FOR INCOME!!! This amazing .34 acre property has three homes and possibly room for one more. All three roofs are new and all three have recent interior updates. The main house is vacant and ready to occupy, but can be easily rented for maximum cash flow. Very convenient location close to I-205

    Jason Kennedy RE/MAX Equity Group

    Section Image
  • 4840 NE 99th Ave, Portland, OR 97220

    $600,000

    • 6 Beds
    • 4 Baths
    • 1,974 Sq Ft
    • 4840 NE 99th Ave
    • Portland, OR

    *** POSSIBLE 100% FINANCING FOR OWNER OCCUPANT *** AMAZING OPPORTUNITY *** 8.65% CAP RATE *** Great cash flow property in very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available with as

    Jason Kennedy RE/MAX Equity Group

    Section Image
  • 1110 NE 60th Ave Unit 1114, Portland, OR 97213

    $779,900

    • 6 Beds
    • 6 Baths
    • 3,591 Sq Ft
    • 1110 NE 60th Ave
    • Unit 1114
    • Portland, OR

    Built as a Tri-Plex in 1973, New roof and New exterior paint. Located in Rose City Park, a block from the MAX and on a bus line, this convenient location has ready access to Mt Tabor, parks, dining, shopping and the airport. Includes 4 off street parking spots with possibility to expand to 8 spots with tandem parking. Lots to love about this Fully Rented Tri-Plex!

    Israel Hill John L. Scott Portland Central

    Section Image
  • 212 SW Hamilton St Unit 214, Portland, OR 97239

    $675,000

    • 5 Beds
    • 4 Baths
    • 2,508 Sq Ft
    • 212 SW Hamilton St
    • Unit 214
    • Portland, OR

    Fantastic Income producing duplex in prime Hamilton Heights Location! This beautifully maintained property offers two spacious units ideal for living in one and renting the other. Its also a great investment property or multi-generational living. The upper unit features 2 bedrooms and 2 bathrooms, a generous living room with fireplace, soaring ceilings, stunning wood paneling, and oversized

    Nick Shivers Keller Williams PDX Central

    Section Image
  • 1108 SE 149th Place Unit 1110, Portland, OR 97233

    $540,000

    • 5 Beds
    • 3 Baths
    • 1,926 Sq Ft
    • 1108 SE 149th Place
    • Unit 1110
    • Portland, OR

    High interest rates got you stressed? Looking for a way to invest in the market and supplement your mortgage cost? Look no further! Fantastic opportunity for an owner-occupied investor to purchase this fantastic, freshly renovated duplex! The vacant THREE BEDROOM 2 BATHROOM unit has been freshly renovated: brand new solid surface flooring throughout, vaulted ceilings, new kitchen, appliances and

    Jacob Weigel Living Room Realty

    Section Image
  • 3503 3505 SE 153rd Ave, Portland, OR 97236

    $629,000

    • 5 Beds
    • 4 Baths
    • 2,028 Sq Ft
    • 3503 3505 SE 153rd Ave
    • Portland, OR

    Terrific side by side, one level duplex in Southeast Portland on corner lot with attached garages and assigned parking. Possible qualifying assumption on the underlying loan at 2.99%. Unit 1 is a three bedroom, 2 bath with open living area and direct access to one garage bay. Unit 2 is a 2 bedroom, 1 1/2 bath unit. Each unit offers direct access to a patio and benefit of central heating/cooling.

    Christina Hamilton RE/MAX Equity Group

    Section Image
  • 2560 SE 136th Ave Unit 2566, Portland, OR 97236

    $728,000

    • 8 Beds
    • 4 Baths
    • 2,832 Sq Ft
    • 2560 SE 136th Ave
    • Unit 2566
    • Portland, OR

    Great investment opportunity. Each unit is 2bd/1 ba. All kitchens & bathrooms have been recently remodeled. Additional updates include, new flooring, windows, paint, hot water heaters and electrical panels. Owner has updated the decks and landscaping in the private and common areas. Large off-street parking for 8 vehicles. Close to transportation and plenty of amenities. All units are occupied.

    Heather Miller Keller Williams PDX Central

    Section Image
  • 203 SE 129th Ave Unit 219, Portland, OR 97233

    $750,000

    • 6 Beds
    • 4 Baths
    • 203 SE 129th Ave
    • Unit 219
    • Portland, OR

    Fantastic opportunity to own three homes on one tax lot. The property includes two low-maintenance homes, both built in 2006, and one original 2-bed/1.5-bath home built in 1953. The two newer homes are 4-bed/2-bath units. Interior inspections available with an accepted offer. Addresses: 203 SE 129th Ave, 211 SE 129th Ave, 219 SE 129th Ave.

    Jim McCartan Cascade Hasson Sotheby's International Realty

    Section Image
  • 15529 NE Alton St Unit 15533, Portland, OR 97230

    $699,999

    • 6 Beds
    • 6 Baths
    • 15529 NE Alton St
    • Unit 15533
    • Portland, OR

    Come and see the beauty of this newer duplex that has quartz and granite countertops and open concept living; it feels like a home or townhouse.Live in one side and help pay your mortgage with income from the other side. One side was renting for $2100 but both units will be vacant soon. Opportunity to charge what market rents are or whatever you want! Each unit has a garage with automatic

    alison pinetti MORE Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brey Paul E $279,200 First American
Lin Amy -- None Available
Amy Properties Llc $195,000 Stewart Title
U S Bank National Association $215,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brey Paul E $209,400
Previous Owner Stark Shane $267,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2014 02/24/14 Sold $279,200 -6.9% $125 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
04/17/2012 04/17/12 For Sale $300,000 -- $134 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,894 $280,800 $0 $0
2022 $4,773 $272,630 $0 $0
2021 $4,655 $264,690 $0 $0
2020 $4,355 $256,990 $0 $0
2019 $4,175 $249,510 $0 $0
2018 $4,133 $242,250 $0 $0
2017 $4,000 $235,200 $0 $0
2016 $3,826 $228,350 $0 $0
2015 $3,715 $221,700 $0 $0
2014 $3,590 $215,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12006165

Regional Multiple Listing Service (RMLS)

APN: R573842