$380,000
SOLD JAN 27, 2017
6 Beds
3 Baths
2,400 Sq Ft
0.3 Acres

Recently Sold

$158 Per Sq Ft

3% Below List Price

57 Days on Market

About This Home

As of April 2023

Great investment property with long term tenants and stable income! These desirable 2 bedroom 1 bathroom 800 sq/ft units are located near shopping, restaurants and transit. The property is well taken care of and has very low maintenance, recently painted and stained. Current tenants have occupied units for 10, 5 and 4 years. Opportunity available for rent increase. Please do not disturb tenants, drive by only. Interior inspection to tak

Last Agent to Sell the Property

Jason Bonchis

Lord & Broker Real Estate Co License #201215627 Listed on: 08/17/2016

Last Buyer's Agent

Jesse Craig

North Peak Property Group, LLC License #201204883

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,185

Year Built

  • Built in 1967

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Storage In Attic

Kitchen

  • Range
  • Disposal

Utilities

  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,185

Year Built

Built in 1967

Lot Details

0

Parking

6

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2400
  • Stories: 1
  • Year Built: 1967
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: TARLOW HIGHLANDS, LOT 7
  • Storage: Attic

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Shingle

Garage/Parking

  • Garage Or Parking Spaces: 6
  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Window Unit(s)
  • Heating Description: Baseboard
  • Security Or Entry: Sidewalk
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

  • Unit Features: Disposal, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Highland
  • Middle School: Clear Creek
  • High School: Gresham

Lot Info

  • Zoning: mdr-24

Tax Info

  • Tax Amount: 3236.57
  • Assessor Parcel Number: R283831

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.08

MLS Schools

  • Elementary School: Highland
  • High School: Gresham
  • Middle School: Clear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Apr 1, 2023
Sold by
Gibbs Christoffer L
Bought by
Patrick Vince and Patrick Lindsay
Seller's Agent
Ashley Flapper
John L. Scott Portland Central
Buyer's Agent
Amanda Folkestad
Realty Portland
List Price
$639,999
Sold Price
$580,000
Premium/Discount to List
-$59,999
-9.37%
Total Days on Market
57
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$435,000
Outstanding Balance
$424,612
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$208,263

Purchase Details

Closed on
Nov 18, 2016
Sold by
Damian Benny
Bought by
Gibbs Christoffer L and Anderson Stephanie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
3.47%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2011
Sold by
Damian Anthony
Bought by
Damian Benny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,315
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2011
Sold by
Damian Benny
Bought by
Damian Elena and Damian Anthony

Purchase Details

Closed on
Mar 17, 2008
Sold by
Damian Elena
Bought by
Damian Benny

Purchase Details

Closed on
Jan 17, 2006
Sold by
Delany Susan L
Bought by
Damian Elena and Damian Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 28, 2003
Sold by
Tarlow Family Lp
Bought by
Delany Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $580,000 --
Warranty Deed $380,000 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Bargain Sale Deed -- Ticor Title Insurance Co
Warranty Deed $275,000 Ticor Title Insurance Compan
Warranty Deed $216,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,000 New Conventional
Previous Owner $30,832 FHA
Previous Owner $373,117 FHA
Previous Owner $211,315 New Conventional
Previous Owner $220,000 Fannie Mae Freddie Mac
Previous Owner $27,450 Credit Line Revolving
Previous Owner $125,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $650,000 -7.0% $271 / Sq Ft
03/04/2025 03/04/25 For Sale $699,000 +20.5% $291 / Sq Ft
04/03/2023 04/03/23 Sold $580,000 -9.4% $242 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $639,999 0.0% $267 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $639,999 0.0% $267 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/26/2023 01/26/23 Price Changed $639,999 -1.5% $267 / Sq Ft
01/19/2023 01/19/23 For Sale $650,000 +71.1% $271 / Sq Ft
01/27/2017 01/27/17 Sold $380,000 -3.3% $158 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $392,900 -- $164 / 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 $5,185 $250,880 $0 $0
2022 $4,592 $243,580 $0 $0
2021 $4,476 $236,490 $0 $0
2020 $4,211 $229,610 $0 $0
2019 $4,101 $222,930 $0 $0
2018 $3,911 $216,440 $0 $0
2017 $3,752 $210,140 $0 $0
2016 $3,308 $204,020 $0 $0
2015 $3,237 $198,080 $0 $0
2014 $3,158 $192,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16364844

Regional Multiple Listing Service (RMLS)

APN: R283831