NOT LISTED FOR SALE
5 Beds
3 Baths
4,827 Sq Ft
1929 Built

Sale Details

Date Sold: June 19, 2020

Last sale price $500,000 $104 Per Sq Ft

141 Days on Market

Highlights

  • Forced Air Heating System
  • Bolton Primary School Rated A
  • Asbestos

About This Home

As of June 2020

Great Triplex investment opportunity in West Linn. 2 units are currently leased. Larger 2 bed unit is occupied by current owner. If you are looking for a LIVE IN INVESTMENT OPPORTUNITY, this is it! Many updates have been completed over the years. Each unit has its own forced air gas furnace, electric H/W heater, and full basement with laundry hookups. Charming finishes with built ins throughout. These are nice units in a great location!

Last Agent to Sell the Property

Jeff Wiren

Premiere Property Group, LLC License #200405349 Listed on: 01/09/2020

Premiere Property Group, LLC

Last Buyer's Agent

Shelley Voboril

SKV Realty License #200401020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 1929 | Remodeled

Home Design

  • Composition Roof
  • Asbestos

Interior Spaces

  • 4,827 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Bolton Elementary School
  • Athey Creek Middle School
  • West Linn High School

Utilities

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

Community Details

  • Operating Expense $15,258
  • Gross Income $29,400
  • Net Operating Income $14,142

Listing and Financial Details

  • Rent includes ground maintenance, sewer, water
  • Assessor Parcel Number 00378754

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,482

Year Built

Built in 1929 | Remodeled

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1929
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 500000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement
  • Storage: Basement
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Asbestos
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Bolton
  • High School: West Linn
  • Middle Or Junior School: Athey Creek

Lot Info

  • Zoning: R10
  • Parcel #: 00378754

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3481.68

Multi Family

  • Gross Rent Multiplier: 19.56
  • Annual Gross Income: 29400.0
  • Property Net Operating Income: 14142.0
  • Annual Operating Expense: 15258.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $500,000 -13.0% $104 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/11/2020 05/11/20 Price Changed $575,000 -4.2% $119 / Sq Ft
03/20/2020 03/20/20 For Sale $599,900 0.0% $124 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/13/2020 02/13/20 Price Changed $599,900 -7.7% $124 / Sq Ft
02/04/2020 02/04/20 For Sale $650,000 0.0% $135 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $650,000 -- $135 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20241236

Regional Multiple Listing Service (RMLS)
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