NOT LISTED FOR SALE

Estimated Value: $853,000 - $1,071,000

9 Beds
8 Baths
4,126 Sq Ft
$237/Sq Ft Est. Value

Last Sold April 18, 2016

Last sale price $545,000 $132 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,016/month

175 Days on Market

About This Home

As of April 2016

This fourplex is located in the Rock Creek neighborhood of Portland, Oregon. It sits on a quiet street, and features four large, townhouse style units. Each unit has a garage, fireplace, fenced backyard and washer/dryer hookups.

Last Agent to Sell the Property

Michael Candianides

Michael J Candianides Real Estate License #200010125 Listed on: 09/24/2015

Last Buyer's Agent

Michael Candianides

Michael J Candianides Real Estate License #200010125 Listed on: 09/24/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,850

Year Built

  • Built in 1978

Lot Details

  • 0.64

Parking

  • Garage

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,850

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 4126
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ROCK CREEK VILLAGE NO.2, LOT 26, ACRES .64

Garage/Parking

  • Parking Description: Garage

Utilities

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

Lot Info

  • Zoning: R-15

Tax Info

  • Tax Amount: 4862.71
  • Assessor Parcel Number: R0676502

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Apr 14, 2016
Sold by
Reed Clark and Fischer Kathryn
Bought by
Fischer Randy L and Fischer Anna M
Seller's Agent
Michael Candianides
Michael J Candianides Real Estate
Buyer's Agent
Michael Candianides
Michael J Candianides Real Estate
List Price
$595,000
Sold Price
$545,000
Premium/Discount to List
-$50,000
-8.4%
Current Estimated Value
$977,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,540
Avg. Annual Appreciation
6.24%
Original Mortgage
$386,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2013
Sold by
Reed Kathryn and Reed Clark
Bought by
Reed Kathryn and Reed Clark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2007
Sold by
Pope Gary R
Bought by
Reed Clark Harmon and Reed Kathryn Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
6.75%
Mortgage Type
Unknown
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
Fischer Randy L $545,000 Wfg Title
Reed Kathryn -- Wfg Title
Reed Clark Harmon $421,000 Fidelity Natl Title Co Of Or
Pope Gary R -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Randy L $308,000
Closed Fischer Randy L $386,000
Closed Reed Kathryn $288,500
Closed Reed Clark Harmon $283,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $545,000 -8.4% $132 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
09/24/2015 09/24/15 For Sale $595,000 -- $144 / 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 $6,850 $374,120 -- --
2024 $6,430 $363,230 -- --
2023 $6,430 $352,660 $0 $0
2022 $6,218 $352,660 $0 $0
2021 $5,994 $332,420 $0 $0
2020 $5,811 $322,740 $0 $0
2019 $5,610 $313,340 $0 $0
2018 $5,426 $304,220 $0 $0
2017 $5,231 $295,360 $0 $0
2016 $5,044 $286,760 $0 $0
2015 $4,863 $278,410 $0 $0
2014 $4,785 $270,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15579147

Regional Multiple Listing Service (RMLS)

APN: R0676502