$950,000
SOLD DEC 4, 2017
-- Bed
-- Bath
3,976 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

6% Above List Price

5 Days on Market

Highlights

  • Property is near a bus stop
  • 1-minute walk to Nw 21St & Northrup
  • Laundry Facilities
  • West Sylvan Middle School Rated A-
  • Forced Air Heating System
  • Level Lot

About This Home

As of December 2017

OPEN TUESDAY TO SEE ALL UNITS, 11-1 AND 5-7!Unit C is viewable. Offers to be made subject to interior inspection of A + B. Amazing investor or owner opportunity. Classic craftsman w/large sunny units + original detailing and charm intact. Hardwoods, fireplace, bay windows, extensive mill and tile work. Three units, three levels, income producing laundry + parking space. LL storage.

Last Agent to Sell the Property

Jeffrey Capen

Windermere Realty Trust License #200308199 Listed on: 08/25/2017

Windermere Realty Trust

Co-Listed By

John McClain

Windermere Realty Trust License #201218259

Last Buyer's Agent

Jeffrey Capen

Windermere Realty Trust License #200308199 Listed on: 08/25/2017

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,989

Year Built

  • Built in 1902 | Remodeled

Parking

  • 1 Car Garage
  • Leased Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,976 Sq Ft Home
  • 3-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Chapman Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

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

Additional Features

  • Level Lot
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R141294

Community Details

Overview

  • 3 Units
  • Northwest Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $27,559
  • Gross Income $65,968
  • Net Operating Income $38,408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,989

Year Built

Built in 1902 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1902
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level, OnBusline
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Leased, Paved
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: Sidewalk
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons, Laundry

Schools

  • Elementary School: Chapman
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: RH
  • Parcel #: R141294

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.64
  • Annual Gross Income: 65968.0
  • Property Net Operating Income: 38408.0
  • Annual Operating Expense: 27559.0

Tax Info

  • Tax Annual Amount: 12988.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Nichols Tonya R
Bought by
Velez Eddie Daniel and Velez Paula Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,211,000
Outstanding Balance
$1,193,825
Interest Rate
6.82%
Mortgage Type
VA
Estimated Equity
$22,783

Purchase Details

Closed on
Nov 20, 2020
Sold by
Lani Properties Llc
Bought by
Nichols Tonya R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2017
Closed on
Nov 30, 2017
Sold by
Hayes Daniel D
Bought by
Lani Properties Llc
Seller's Agent
Jeffrey Capen
Windermere Realty Trust
Buyer's Agent
Jeffrey Capen
Windermere Realty Trust
List Price
$899,900
Sold Price
$950,000
Premium/Discount to List
$50,100
5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$712,500
Interest Rate
3.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2014
Sold by
Hayes Iv Enterprises Llc
Bought by
Hayes Daniel D

Purchase Details

Closed on
Nov 19, 2013
Sold by
Hayes Daniel D
Bought by
Hayes Iv Enterprises Llc

Purchase Details

Closed on
Oct 9, 2013
Sold by
Hayes Iv Enterprises Llc
Bought by
Hayes Daniel D

Purchase Details

Closed on
Dec 31, 2011
Sold by
Hayes Daniel D
Bought by
Hayes Iv Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2011
Sold by
Heald Demian
Bought by
Hayes Daniel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Christ The Saviour Brotherhood
Bought by
Heald Demian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.84%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $1,211,000 Wfg Title
Warranty Deed $1,211,000 Wfg Title
Bargain Sale Deed -- Fidelity National Ttl Of Or
Warranty Deed $950,000 Lawyers Title
Warranty Deed -- None Available
Bargain Sale Deed -- Fidelity Natl Title Co Of Or
Bargain Sale Deed -- Fidelity National Title Or
Interfamily Deed Transfer -- None Available
Warranty Deed $700,000 First American
Special Warranty Deed -- Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,211,000 VA
Previous Owner $690,000 New Conventional
Previous Owner $712,500 Credit Line Revolving
Previous Owner $490,000 New Conventional
Previous Owner $400,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2024 09/01/24 For Rent $3,300 0.0% --
04/12/2024 04/12/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $1,295,000 0.0% $329 / Sq Ft
12/21/2023 12/21/23 Off Market $1,295,000 -- --
08/10/2023 08/10/23 For Sale $1,295,000 +36.3% $329 / Sq Ft
12/04/2017 12/04/17 Sold $950,000 +5.6% $239 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $899,900 -- $226 / 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
2024 $12,398 $463,800 -- --
2023 $12,398 $678,230 $0 $0
2022 $17,566 $658,480 $0 $0
2021 $17,269 $639,310 $0 $0
2020 $15,841 $620,690 $0 $0
2019 $15,259 $602,620 $0 $0
2018 $14,810 $585,070 $0 $0
2017 $14,194 $568,030 $0 $0
2016 $12,989 $551,490 $0 $0
2015 $12,648 $535,430 $0 $0
2014 $12,457 $519,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17339125

Regional Multiple Listing Service (RMLS)

APN: R141294