NOT LISTED FOR SALE

19015 NW Rock Creek Blvd Portland, OR 97229

West Union Neighborhood

Estimated Value: $926,000 - $1,076,000

5 Beds
4 Baths
4,312 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $750,800 $174 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,929/month

61 Days on Market

Highlights

  • Deck
  • Detached Garage
  • Storage
  • Rock Creek Elementary School Rated A-
  • Fireplace
  • Parking Storage or Cabinetry

About This Home

As of August 2020

Located in the Rock Creek neighborhood of Portland, Oregon, this complex features 4 spacious apts in a residential setting. Each unit has amenities similar to a single family home with large living spaces, fireplaces, W/D hook ups & detached garages. Tenants benefit from a fantastic location with many parks, shopping centers & restaurants nearby, along with easy access to Hwy 26. Opportunity to acquire a building with strong operations in place, with additional upside in rents moving forward.

Last Agent to Sell the Property

Phillip Barry

Joseph Bernard LLC License #200807134 Listed on: 05/29/2020

Last Buyer's Agent

Benjamin Droukas

Windermere Realty Trust License #200401007

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,045

Year Built

  • Built in 1978

Lot Details

  • 0.36

Home Design

  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage
  • Washer and Dryer Hookup
  • Crawl Space

Parking

  • Detached Garage
  • Parking Storage or Cabinetry

Additional Features

  • Deck
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,045

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4312
  • Stories: 2
  • Year Built: 1978
  • Property Condition: Existing
  • Remarks Public: Located in the Rock Creek neighborhood of Portland, Oregon, this complex features 4 spacious apts in a residential setting. Each unit has amenities similar to a single family home with large living spaces, fireplaces, W/D hook ups & detached garages. Tenants benefit from a fantastic location with many parks, shopping centers & restaurants nearby, along with easy access to Hwy 26. Opportunity to acquire a building with strong operations in place, with additional upside in rents moving forward.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ROCK CREEK VILLAGE NO.2, LOT 34, ACRES .36
  • Basement: Crawl Space
  • Storage: Attached, Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • Road Surface: Concrete

Garage/Parking

  • Parking Description: Detached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Deck, Fireplace, Storage, Washer/Dryer Hookup

Schools

  • Elementary School: Rock Creek
  • Middle School: Stoller
  • High School: Westview

Lot Info

  • Zoning: R-15
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 5789.51
  • Assessor Parcel Number: R0676628
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.70

MLS Schools

  • Elementary School: Rock Creek
  • High School: Westview
  • Middle School: Stoller

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2023
Sold by
Wadhwa Prashant
Bought by
Brij Enterprise Llc
Current Estimated Value
$1,002,673

Purchase Details

Listed on
May 29, 2020
Closed on
Aug 21, 2020
Sold by
Monico Mark and Monico Cristy
Bought by
Wadhwa Prashant and Wadhwa Deeksha
Seller's Agent
Phillip Barry
Joseph Bernard LLC
Buyer's Agent
Benjamin Droukas
Windermere Realty Trust
List Price
$825,000
Sold Price
$750,800
Premium/Discount to List
-$74,200
-8.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$563,100
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2007
Sold by
Schrenk David E and Schrenk Kristine R
Bought by
Monico Mark and Monico Cristy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.17%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 29, 2006
Sold by
Property Quest Llc
Bought by
Schrenk David E and Schrenk Kristine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 31, 2006
Sold by
Mahaffy Andrew
Bought by
N W Foreclosure Wholesaler Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 30, 2006
Sold by
Northwest Foreclosure Wholesalers Llc
Bought by
Property Quest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 14, 2005
Sold by
Park Chungnan
Bought by
Mahaffy Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 6, 2004
Sold by
Hansen Gordan J
Bought by
Park Chungnan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 2001
Sold by
Hoaglin J Barry and Hoaglin Donna K
Bought by
Hansen Gordon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,200
Interest Rate
7.65%
Mortgage Type
Balloon
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
Brij Enterprise Llc -- --
Wadhwa Prashant $750,800 Lawyers Title
Monico Mark $457,000 Chicago Title Insurance Co
Schrenk David E $375,000 Fidelity Natl Title Co Of Or
N W Foreclosure Wholesaler Llc $299,300 Fidelity National Title Co
Property Quest Llc $325,000 Accommodation
Mahaffy Andrew $400,000 Stewart
Park Chungnan $360,000 First American
Hansen Gordon J $292,800 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wadhwa Prashant $563,100
Previous Owner Monico Mark $315,000
Previous Owner Schrenk David E $75,000
Previous Owner Schrenk David E $300,000
Previous Owner Property Quest Llc $292,500
Previous Owner Mahaffy Andrew $320,000
Previous Owner Park Chungnan $288,000
Previous Owner Hansen Gordon J $234,200
Closed Hansen Gordon J $29,300
Closed Park Chungnan $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $750,800 -9.0% $174 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $825,000 0.0% $191 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $825,000 -- $191 / 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
2025 $7,045 $389,050 -- --
2024 $6,616 $377,720 -- --
2023 $6,616 $366,720 $0 $0
2022 $6,401 $366,720 $0 $0
2021 $6,171 $345,670 $0 $0
2020 $5,985 $335,610 $0 $0
2019 $5,790 $325,840 $0 $0
2018 $5,600 $316,350 $0 $0
2017 $5,399 $307,140 $0 $0
2016 $5,206 $298,200 $0 $0
2015 $5,005 $289,520 $0 $0
2014 $4,905 $281,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Phillip Barry

    Joseph Bernard LLC

  • Benjamin Droukas

    Buyer's Agent in 2020

    Benjamin Droukas

    Windermere Realty Trust

    (503) 522-4645

    109 Total Sales

    Benjamin Droukas
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20002584

Regional Multiple Listing Service (RMLS)

APN: R0676628

Oregon Washington County Portland 97229 West Union

19015 NW Rock Creek Blvd, Portland, OR

This home is located at 19015 NW Rock Creek Blvd, Portland, OR 97229 since 29 May 2020 and is currently estimated at $1,002,673, approximately $232 per square foot. This property was built in 1978. 19015 NW Rock Creek Blvd is a home located in Washington County with nearby schools including Rock Creek Elementary School, Five Oaks Middle School, and Westview High School.

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