NOT LISTED FOR SALE

Estimated Value: $654,186 - $949,000

5 Beds
4 Baths
2,466 Sq Ft
$313/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $654,000 $265 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,901/month

5 Days on Market

Highlights

  • Views
  • Level Lot
  • 3-minute walk to Lair Hill City Park
  • Ainsworth Elementary School Rated A-

About This Home

As of March 2020

Lair Hill area! Walk to downtown! Both units vacant. Ready for you to move into & rent out the other. Great Airbnb income Potential est 3k monthly. Estimated mo. rental rates ($2,495 & $1,895) Fantastic location & fantastic units. Many updates, LVT floors some electrical, plumbing, kitchen & bath updates. 5 bdrms/4bth Rare opportunity for Investment like this, in this condition @ this sought after location! 3 bdrm unit w/Mt Hood & City Views! Live for free- call agent for details. Hurry!!

Last Agent to Sell the Property

Lorna & Sarah Murray

RE/MAX Equity Group License #880400197 Listed on: 01/24/2020

RE/MAX Equity Group

Last Buyer's Agent

James Martinson

Redfin License #201220554

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,823

Year Built

  • Built in 1888 | Remodeled

Lot Details

  • 1,481

Home Design

  • Vinyl Siding

Additional Features

  • Dishwasher
  • Basement Fills Entire Space Under The House
  • Level Lot
  • Gas Water Heater
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,823

Year Built

Built in 1888 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2466
  • Year Built: 1888
  • Property Condition: Updated/Remodeled
  • Remarks Public: Lair Hill area! Walk to downtown! Both units vacant. Ready for you to move into & rent out the other. Great Airbnb income Potential est 3k monthly. Estimated mo. rental rates ($2,495 & $1,895) Fantastic location & fantastic units. Many updates, LVT floors some electrical, plumbing, kitchen & bath updates. 5 bdrms/4bth Rare opportunity for Investment like this, in this condition @ this sought after location! 3 bdrm unit w/Mt Hood & City Views! Live for free- call agent for details. Hurry!!
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CARUTHERS ADD, BLOCK 54, W 29 1/2' OF LOT 4
  • Basement: Finished, Full Basement

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Composition
  • View: City, Mountain(s)
  • View: Yes
  • Road Surface: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Ainsworth
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Lot Description: Level
  • Zoning: .
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 1
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10182853
  • Green Verification HES Year: 2020

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 5628.41
  • Assessor Parcel Number: R128849
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle School: West Sylvan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 6, 2020
Sold by
Gillis Properties Llc
Bought by
Nicolici Sydni Ann
Seller's Agent
Lorna & Sarah Murray
RE/MAX Equity Group
Buyer's Agent
James Martinson
Redfin
List Price
$649,950
Sold Price
$654,000
Premium/Discount to List
$4,050
0.62%
Total Days on Market
5
Current Estimated Value
$771,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,797
Avg. Annual Appreciation
3.21%
Original Mortgage
$639,600
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
May 19, 2014
Closed on
May 29, 2014
Sold by
Mason Phillip S and Mason Lois L
Bought by
Gillis Properties Llc
Seller's Agent
Kyle Ball
Premiere Property Group, LLC
Buyer's Agent
Lorna & Sarah Murray
RE/MAX Equity Group
List Price
$349,900
Sold Price
$361,000
Premium/Discount to List
$11,100
3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Dec 14, 2009
Sold by
Mason Phillip S and Mason Lois L
Bought by
Mason Phillip S and Mason Lois L

Purchase Details

Closed on
Aug 4, 2005
Sold by
Hahn Lawrence A
Bought by
Mason Phillip and Mason Lois

Purchase Details

Closed on
Jan 4, 1995
Sold by
Hahn Gauida
Bought by
Mason Phillip and Mason Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
9.27%
Source: Public Records

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Range of Values:

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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
Nicolici Sydni Ann $654,000 Fidelity National Title
Gillis Properties Llc $361,000 Fidelity National Title Co
Mason Phillip S -- None Available
Mason Phillip $77,291 --
Mason Phillip -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicolici Sydni Ann $627,680
Closed Nicolici Sydni Ann $639,600
Previous Owner Gillis Properties Llc $75,000
Previous Owner Gillis Properties Llc $400,000
Previous Owner Gillis Properties Llc $288,800
Previous Owner Mason Phillip $310,000
Previous Owner Mason Phillip $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $654,000 +0.6% $265 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $649,950 +80.0% $264 / Sq Ft
06/04/2014 06/04/14 Sold $361,000 +3.2% $146 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $349,900 -- $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 $6,823 $257,740 $0 $0
2022 $6,676 $250,240 $0 $0
2021 $6,563 $242,960 $0 $0
2020 $6,020 $235,890 $0 $0
2019 $5,799 $229,020 $0 $0
2018 $5,628 $222,351 $0 $0
2017 $4,831 $193,320 $0 $0
2016 $4,421 $187,690 $0 $0
2015 $4,305 $182,230 $0 $0
2014 $4,240 $176,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20491498

Regional Multiple Listing Service (RMLS)

APN: R128849