NOT LISTED FOR SALE

Estimated Value: $378,000 - $734,000

7 Beds
6 Baths
3,480 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $497,400 $143 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,252/month

26 Days on Market

Highlights

  • 3 Car Attached Garage
  • 2-minute walk to E 181St
  • Level Lot
  • Landscaped with Trees
  • Forced Air Heating System

About This Home

As of January 2018

Quiet,private setting. Generous sq ft and amenities. All units have FAG heat, refrig, washer/dryer, attached gar, small patio and fnced yard Gresham utilities & schools. Owner currently pays mgmt fees, trash, water, sewer. Near public trans, MAX & bus. One unit now vacant to view. Write offers subject to viewing interiors. No sign. DND TENANTS. Agent accompanied showings. Seller is licensed agent in Oregon. 1 yr First Amer Warranty

Last Agent to Sell the Property

Elaine Zehntbauer

Windermere Realty Trust License #780101567 Listed on: 09/20/2017

Windermere Realty Trust

Last Buyer's Agent

Tacho Perez

Pete Anderson Realty Assoc, Inc. License #201004090

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,076

Year Built

  • Built in 1995

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,480 Sq Ft Home
  • 2-Story Property

Schools

  • Hartley Elementary School
  • Reynolds Middle School
  • Reynolds High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection
  • Assessor Parcel Number R238491

Community Details

Overview

  • 3 Units
  • Property managed by Kerr Prop. Mgmnt

Building Details

  • Operating Expense $13,851
  • Gross Income $30,900
  • Net Operating Income $26,049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,076

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1995
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level, Trees
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Kerr Prop. Mgmnt
  • Management Phone: 503-661-8673

Schools

  • Elementary School: Hartley
  • High School: Reynolds
  • Middle Or Junior School: Reynolds

Lot Info

  • Zoning: RTC
  • Parcel #: R238491

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 6075.66

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.53
  • Annual Gross Income: 30900.0
  • Property Net Operating Income: 26049.0
  • Annual Operating Expense: 13851.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Jan 23, 2018
Sold by
Zehntbauer S Elaine
Bought by
Villalobos Zavala Juan Carlos and Villalobos Zavala Jose Jesus
Seller's Agent
Elaine Zehntbauer
Windermere Realty Trust
Buyer's Agent
Tacho Perez
Pete Anderson Realty Assoc, Inc.
List Price
$494,000
Sold Price
$497,400
Premium/Discount to List
$3,400
0.69%
Current Estimated Value
$648,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,598
Avg. Annual Appreciation
3.24%
Original Mortgage
$488,390
Outstanding Balance
$417,748
Interest Rate
3.93%
Mortgage Type
FHA
Estimated Equity
$215,200

Purchase Details

Closed on
Jan 29, 1999
Sold by
Zehntbauer J Alan
Bought by
Zehntbauer S Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1995
Sold by
Trio Properties
Bought by
Zehntbauer J Alan and Elaine Zehntbauer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
8.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Villalobos Zavala Juan Carlos $497,400 First American Title
Zehntbauer S Elaine -- Oregon Title Insurance Co
Zehntbauer J Alan $229,950 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalobos Zavala Juan Carlos $488,390
Closed Zehntbauer S Elainie $0
Previous Owner Zehntbauer Elaine $75,000
Previous Owner Zehntbauer S Elaine $125,000
Previous Owner Zehntbauer J Alan $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $497,400 +0.7% $143 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $494,000 -- $142 / 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 $8,590 $445,950 $0 $0
2022 $7,581 $432,970 $0 $0
2021 $7,393 $420,360 $0 $0
2020 $6,917 $408,120 $0 $0
2019 $6,631 $396,240 $0 $0
2018 $6,564 $384,700 $0 $0
2017 $6,351 $373,500 $0 $0
2016 $6,076 $362,630 $0 $0
2015 $5,844 $352,070 $0 $0
2014 $5,477 $332,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17526160

Regional Multiple Listing Service (RMLS)

APN: R238491