NOT LISTED FOR SALE

Estimated Value: $704,721 - $1,007,000

5 Beds
4 Baths
4,126 Sq Ft
$199/Sq Ft Est. Value

Last Sold January 28, 2013

Last sale price $321,000 $78 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $5,129/month

48 Days on Market

Highlights

  • Fireplace
  • Landscaped with Trees
  • Garage
  • Rock Creek Elementary School Rated A-

About This Home

As of January 2013

Heart of Silicon Forest. Some updating and great rental history. 1 garage per unit. 1/2 mile to shopping. Great Hwy 26 access and Beaverton Schools. Research indicates market rents for the 2 bedrooms should be $850 & the 3 bedroom s/b $1100. Rentals are all month-to-month. Fantastic upside in great location. Rental rates continue to appreciate.

Last Listed By

Peter Clark

Keller Williams Realty Portland Premiere License #890300108 Listed on: 11/15/2012

Keller Williams Realty Portland Premiere

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,886

Year Built

  • Built in 1978

Lot Details

  • 0.5

Parking

  • Garage
  • Assigned Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • Fireplace
  • Dishwasher

Additional Features

  • Landscaped with Trees
  • Electric Water Heater

Community Details

  • 4 Units
  • Property managed by No Seller Concess. Pd.
  • 24-Story Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,886

Year Built

Built in 1978

Lot Details

0

Parking

8

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 4126
  • Stories: 24
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ROCK CREEK VILLAGE NO.2, LOT 23, ACRES .49
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Assigned, Garage

Utilities

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

Condo/Co-op/Association

  • Management Name: No Seller Concess. Pd.
  • Unit Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Rock Creek
  • Middle School: Five Oaks
  • High School: Westview

Lot Info

  • Lot Description: Trees
  • Zoning: R-15

Tax Info

  • Tax Amount: 4089.83
  • Assessor Parcel Number: R2036167

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 9.79

MLS Schools

  • Elementary School: Rock Creek
  • High School: Westview
  • Middle School: Five Oaks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2012
Closed on
Jan 23, 2013
Sold by
Whetstone William E and Whetstone Jennifer A
Bought by
Fischer Randy L and Fischer Anna Mn
Seller's Agent
Peter Clark
Keller Williams Realty Portland Premiere
Buyer's Agent
Wendy Burns
Burns & Olson Realtors Inc.
List Price
$350,000
Sold Price
$321,000
Premium/Discount to List
-$29,000
-8.29%
Total Days on Market
48
Current Estimated Value
$821,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,430
Avg. Annual Appreciation
7.95%
Original Mortgage
$224,700
Outstanding Balance
$158,882
Interest Rate
3.28%
Mortgage Type
New Conventional
Estimated Equity
$662,548

Purchase Details

Closed on
Oct 24, 2007
Sold by
Pope Gary R
Bought by
Whetstone William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2007
Sold by
Whetstone William E
Bought by
Whetstone William E and Whetstone Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2007
Sold by
Pope Gary R and Montplaisir Ronald
Bought by
Pope Gary R and Gary R Pope Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2007
Sold by
Pope Gary R
Bought by
Whetstone William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Fischer Randy L $321,000 Lawyers Title
Whetstone William E -- Accommodation
Whetstone William E -- Accommodation
Pope Gary R -- Accommodation
Whetstone William E $447,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Randy L $224,700
Previous Owner Whetstone William E $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2013 01/28/13 Sold $321,000 -8.3% $78 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $350,000 -- $85 / 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 $6,886 $376,100 -- --
2024 $6,463 $365,150 -- --
2023 $6,463 $354,520 $0 $0
2022 $6,250 $354,520 $0 $0
2021 $6,025 $334,180 $0 $0
2020 $5,842 $324,450 $0 $0
2019 $5,639 $315,000 $0 $0
2018 $5,455 $305,830 $0 $0
2017 $5,259 $296,930 $0 $0
2016 $5,071 $288,290 $0 $0
2015 $4,888 $279,900 $0 $0
2014 $4,810 $271,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12489235

Regional Multiple Listing Service (RMLS)

APN: R2036167