NOT LISTED FOR SALE

20470 SW Midline St Beaverton, OR 97003

Estimated Value: $826,000 - $1,391,722

8 Beds
6 Baths
3,834 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $742,500 $194 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,203/month

90 Days on Market

Highlights

  • Park or Greenbelt View
  • Forced Air Heating System
  • Level Lot
  • Cul-De-Sac
  • Garage
  • Lap Siding

About This Home

As of December 2020

Spectacular investment opportunity to insure your future wealth! This triplex sits at the end of a cul-de-sac, and backs to a verdant green-space. Two units feature 3 bedroom, 2 baths, and one unit has 2 bedroom and 1.5 baths. Features include vaulted ceilings, gas fireplaces, sprinklers, yards, patios! Each unit has private garage. Seller has taken great care of units, and kept up on maintenance. Newer appliances, fresh exterior paint, gutters cleaned. Strong schools! Long time tenants!

Last Agent to Sell the Property

Richard Compton

Premiere Property Group, LLC License #860600012 Listed on: 09/15/2020

Premiere Property Group, LLC

Last Buyer's Agent

Yintian Zhou

Yintian Zhou Realty License #200606102

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,853

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • Cul-De-Sac
  • Level Lot

Parking

  • Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 3,834 Sq Ft Home
  • 2-Story Property
  • Park or Greenbelt Views
  • Crawl Space
  • Security Lights

Schools

  • Tobias Elementary School
  • Brown Middle School
  • Century High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R2050307

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $18,100
  • Gross Income $39,235
  • Net Operating Income $21,135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,853

Year Built

Built in 1996 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1996
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: NA
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: PillarPostPier
  • View: Yes
  • Lot Features: Cul_de_sac, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: ParkGreenbelt

Garage/Parking

  • Parking Description: Garage, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: SecurityLights
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Tobias
  • High School: Century
  • Middle Or Junior School: Brown

Lot Info

  • Zoning: Multi
  • Parcel #: R2050307

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 7852.93

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 19.75
  • Annual Gross Income: 39235.0
  • Property Net Operating Income: 21135.0
  • Annual Operating Expense: 18100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Dec 16, 2020
Sold by
Rubin Robert S and Rubin Lynne G
Bought by
United Investments Llc
Seller's Agent
Richard Compton
Premiere Property Group, LLC
Buyer's Agent
Yintian Zhou
Yintian Zhou Realty
List Price
$775,000
Sold Price
$742,500
Premium/Discount to List
-$32,500
-4.19%
Current Estimated Value
$1,028,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,681
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Jan 30, 2003
Sold by
Rubin Marc L and Rubin Diane R
Bought by
Rubin Marc L and Rubin Diane R

Purchase Details

Closed on
Sep 23, 1996
Sold by
Dave Amato & Assoc Ltd
Bought by
Rubin Robert S and Rubin Lynne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
7.87%
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
United Investments Llc $742,500 Old Republic Title Co Of Or
Rubin Marc L -- --
Rubin Robert S $355,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rubin Robert S $248,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $742,500 -4.2% $194 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $775,000 0.0% $202 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $775,000 0.0% $202 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $775,000 -- $202 / 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 $9,028 $602,830 -- --
2024 $8,773 $585,280 -- --
2023 $8,773 $568,240 $0 $0
2022 $8,436 $568,240 $0 $0
2021 $8,275 $535,630 $0 $0
2020 $8,102 $520,030 $0 $0
2019 $7,853 $504,890 $0 $0
2018 $7,512 $490,190 $0 $0
2017 $7,232 $475,920 $0 $0
2016 $7,044 $462,060 $0 $0
2015 $6,786 $448,610 $0 $0
2014 $6,611 $435,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20425139

Regional Multiple Listing Service (RMLS)

APN: R2050307