NOT LISTED FOR SALE

21040 Willamette Dr West Linn, OR 97068

Bolton Neighborhood

Estimated Value: $556,000 - $614,833

3 Beds
4 Baths
2,027 Sq Ft
$284/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $535,000 $264 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,539/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Landscaped with Trees
  • Forced Air Heating and Cooling System
  • Bolton Primary School Rated A
  • Property is near a bus stop

About This Home

As of May 2023

Vacant and easy to show. Turn-key Duplex in West Linn! New interior paint and carpet throughout! Perfect for investment - Or live in one unit & rent the other. Two separate units w/private entries. Upper unit: large front deck, 2 bedrooms, 2.5 baths w/oak hardwoods and slider to back deck. Central AC & Master suite w/ Walk-in closet. Rental comps @ $2100+/month. Lower unit: 1 bedroom, 1 bath. Perfect for mother-in-law suite, ADU or rental. Rental comps @ $1250+/month. Each unit has its own laundry room and plentiful storage & parking. Near parks, sought-after West Linn schools, shops, Freeway access & Bus line. Includes all appliances.

Last Agent to Sell the Property

Michael Kiriazis

MORE Realty License #201220790 Listed on: 04/17/2023

MORE Realty

Last Buyer's Agent

Mark Peterson

Redfin License #201225496

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,570

Year Built

  • Built in 1948

Lot Details

  • 10,803

Parking

  • 6 Car Garage

Property Views

  • Woods
  • Territorial

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,027 Sq Ft Home
  • 2-Story Property

Finished Basement

  • Apartment Living Space in Basement
  • Basement Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Landscaped with Trees
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 00379717

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,400
  • Gross Income $39,200
  • Net Operating Income $30,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,570

Year Built

Built in 1948

Lot Details

0

Parking

6

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1948
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, SeparateLivingQuartersApartmentAuxLivingUnit
  • Storage: Basement
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: OnBusline, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial,TreesWoods

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • 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 #: 00379717

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4570.04

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.02
  • Annual Gross Income: 39200.0
  • Property Net Operating Income: 30800.0
  • Annual Operating Expense: 8400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 26, 2023
Sold by
Sernach Kenneth
Bought by
Ragalie Dominic and Ragalie Gianna Therese
Seller's Agent
Michael Kiriazis
MORE Realty
Buyer's Agent
Mark Peterson
Redfin
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%
Views
30
Current Estimated Value
$575,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,458
Avg. Annual Appreciation
3.31%
Original Mortgage
$517,144
Outstanding Balance
$503,316
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$72,142

Purchase Details

Closed on
Jan 15, 2019
Sold by
Pebble Group Llc
Bought by
Sernach Kenneth and Sernach Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2009
Sold by
Griffiths William
Bought by
Pebble Group Llc

Purchase Details

Closed on
Dec 12, 2008
Sold by
St Claire Gretchen
Bought by
Griffiths William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,978
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2006
Sold by
21040 Willamette Drive Llc
Bought by
St Claire Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Wright Donald E
Bought by
Sonnen Chael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2002
Sold by
Dodge Sandra L
Bought by
Wright Donald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Interest Rate
4.75%
Source: Public Records

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
Ragalie Dominic $535,000 Lawyers Title
Sernach Kenneth $365,000 Lawyers Title
Pebble Group Llc -- None Available
Griffiths William $220,000 Dba Transnation Title Agency
St Claire Gretchen $335,000 Ticor Title Insurance Compan
Sonnen Chael $187,000 Transnation
Wright Donald E $142,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ragalie Dominic $517,144
Previous Owner Sernach Kenneth A $280,400
Previous Owner Sernach Kenneth $273,750
Previous Owner Griffiths William $164,978
Previous Owner St Claire Gretchen $292,000
Previous Owner St Claire Gretchen $54,750
Previous Owner St Claire Gretchen $268,000
Previous Owner Sonnen Chael P $77,437
Previous Owner Sonnen Chael $149,600
Previous Owner Wright Donald E $109,900
Closed Wright Donald E $25,000
Closed Sonnen Chael $28,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $535,000 -7.0% $264 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $575,000 -- $284 / 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 $4,842 $253,405 -- --
2023 $4,842 $246,025 $0 $0
2022 $4,570 $238,860 $0 $0
2021 $4,338 $231,903 $0 $0
2020 $4,368 $225,149 $0 $0
2019 $4,165 $218,592 $0 $0
2018 $3,979 $212,225 $0 $0
2017 $3,580 $192,871 $0 $0
2016 $3,488 $187,253 $0 $0
2015 $3,388 $181,799 $0 $0
2014 $3,262 $176,504 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Kiriazis

    Seller's Agent in 2023

    Michael Kiriazis

    MORE Realty

    (503) 803-2414

    1 in this area

    54 Total Sales

    Michael Kiriazis
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23043124

Regional Multiple Listing Service (RMLS)

APN: 00379717

Oregon Clackamas County West Linn 97068 Bolton

21040 Willamette Dr, West Linn, OR

This home is located at 21040 Willamette Dr, West Linn, OR 97068 since 17 April 2023 and is currently estimated at $575,458, approximately $283 per square foot. This property was built in 1948. 21040 Willamette Dr is a home located in Clackamas County with nearby schools including Bolton Primary School, West Linn High School, and Clackamas Academy of Industrial Sciences (CAIS).

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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