NOT LISTED FOR SALE

Estimated Value: $636,000 - $832,000

6 Beds
3 Baths
4,827 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 19, 2020

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

Est. 41% increase in value since last sale

Current estimated payment $4,244/month

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 Listed By

Jeff Wiren

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

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 0.25

Home Design

  • Composition Roof
  • Asbestos

Interior Spaces

  • 4,827 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

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

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1929
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • 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 Deferral: No
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Jun 18, 2020
Sold by
Macom Molly and Streich Delight Louis
Bought by
Kleinman Jon and Kleinman Alexis
Seller's Agent
Jeff Wiren
Premiere Property Group, LLC
Buyer's Agent
Shelley Voboril
SKV Realty
List Price
$599,900
Sold Price
$500,000
Premium/Discount to List
-$99,900
-16.65%
Total Days on Market
141
Current Estimated Value
$704,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,738
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Jun 24, 2010
Sold by
Macom Molly
Bought by
Macom Molly and Streich Delight Louise

Purchase Details

Closed on
Jun 22, 2010
Sold by
Macom Molly
Bought by
Macom Molly and Streich Delight Louise

Purchase Details

Closed on
Apr 19, 2005
Sold by
Hmf Llc
Bought by
Holden William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
5.84%
Mortgage Type
Commercial

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
Kleinman Jon $500,000 Chicago Title Company Of Or
Macom Molly -- None Available
Macom Molly -- None Available
Holden William F $277,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holden William F $274,000
Previous Owner Holden William F $221,600
Closed Holden William F $41,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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)

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
2023 $4,047 $205,657 $0 $0
2022 $3,820 $199,667 $0 $0
2021 $3,626 $193,852 $0 $0
2020 $3,651 $188,206 $0 $0
2019 $3,482 $182,725 $0 $0
2018 $3,326 $177,403 $0 $0
2017 $3,197 $172,236 $0 $0
2016 $3,115 $167,219 $0 $0
2015 $3,026 $162,349 $0 $0
2014 $2,913 $157,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20241236

Regional Multiple Listing Service (RMLS)

APN: 00378754