NOT LISTED FOR SALE

Estimated Value: $658,000 - $1,065,000

1 Bed
1 Bath
3,096 Sq Ft
$262/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $1,100,000 $355 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $5,341/month

59 Days on Market

About This Home

As of October 2019

Impeccable tri-plex in A+ location! Must be purchased w adjacent tri-plex 2121 SE Caruthers. Completely re-built down to studs, 1BR Modern Farmhouse inspired apts w/ private Bsmts w/ WDs all rented at $1,895 + $65 Utility. All new roof, windows, plumbing, electric, siding, landscaping, custom doors, quartz counters, SS appliances, Grohe faucets, tiled bath floors. New sewer line. Perfect location, perfect investment!

Last Agent to Sell the Property

Jason Waxberg

Equity Pacific Real Estate LLC License #980500059 Listed on: 06/18/2019

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,397

Year Built

  • Built in 1927

Lot Details

  • 5,009

Interior Spaces

  • Window Treatments
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,397

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3096
  • Year Built: 1927
  • Remarks Public: Impeccable tri-plex in A+ location! Must be purchased w adjacent tri-plex 2121 SE Caruthers. Completely re-built down to studs, 1BR Modern Farmhouse inspired apts w/ private Bsmts w/ WDs all rented at $1,895 + $65 Utility. All new roof, windows, plumbing, electric, siding, landscaping, custom doors, quartz counters, SS appliances, Grohe faucets, tiled bath floors. New sewer line. Perfect location, perfect investment!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MAYHEU PK, BLOCK 7, LOT 16

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public

Condo/Co-op/Association

  • Unit Features: Dishwasher, Microwave, Washer/Dryer, Window Coverings

Lot Info

  • Zoning: R1

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 7072.93
  • Assessor Parcel Number: R214550
  • Tax Year: 2018

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 16.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Oct 14, 2019
Sold by
Caruther 6 Llc
Bought by
Todd David and Todd Gerri
Seller's Agent
Jason Waxberg
Equity Pacific Real Estate LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$812,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$287,333
Avg. Annual Appreciation
-4.95%
Original Mortgage
$1,520,000
Outstanding Balance
$1,010,776
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$198,109

Purchase Details

Closed on
Jun 28, 2018
Sold by
Shadel Roger
Bought by
Caruthers 6 Llc

Purchase Details

Closed on
Apr 20, 2016
Sold by
Shadel Richard J
Bought by
Shadel Roger

Purchase Details

Closed on
Aug 4, 2006
Sold by
Shadel Richard J
Bought by
Shadel Richard J

Purchase Details

Closed on
Oct 18, 2005
Sold by
Shadel Richard J
Bought by
Shadel Richard J and Richard J Shadel Revocable Trust

Purchase Details

Closed on
May 16, 2005
Sold by
Shadel Richard J
Bought by
Shadel Richard J and Richard J Shadel Revocable Trust
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
Todd David $2,200,000 Fidelity Natl Ttl Co Of Or
Caruthers 6 Llc $1,075,000 Fidelity National Title
Shadel Roger -- None Available
Shadel Richard J -- None Available
Shadel Richard J -- --
Shadel Richard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd David $1,520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $1,100,000 -1.1% $355 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $1,112,500 -2.2% $359 / Sq Ft
07/01/2019 07/01/19 Price Changed $1,137,500 -5.2% $367 / Sq Ft
06/18/2019 06/18/19 For Sale $1,200,000 -- $388 / 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 $12,397 $463,360 -- --
2023 $11,921 $449,870 $0 $0
2022 $11,663 $436,770 $0 $0
2021 $11,465 $424,050 $0 $0
2020 $10,518 $411,707 $0 $0
2019 $7,287 $287,510 $0 $0
2018 $7,073 $279,140 $0 $0
2017 $6,779 $271,010 $0 $0
2016 $6,204 $263,120 $0 $0
2015 $6,041 $255,460 $0 $0
2014 $5,950 $248,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19488748

Regional Multiple Listing Service (RMLS)

APN: R214550