$280,000
SOLD APR 13, 2012
4 Beds
-- Bath
1,472 Sq Ft
5,097 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

11% Below List Price

8 Days on Market

Highlights

  • Level Lot
  • 1-Story Property
  • 4-minute walk to Ladd Circle Park
  • Abernethy Elementary School Rated 10

About This Home

As of April 2014

Excellent investment opportunity with huge upside potential! Fully rented duplex in prime Ladd's Addition/Hawthorne location. As an invstmnt or owner occupy,will pencil with 25% down.Rents have not been raised for a few years.New sewer, french drains, furnaces. Each unit: separate basements,w/d,newer appliances.2 pk spots in alley behind home.Patio, yard.Do not disturb tenants.

Last Agent to Sell the Property

Ross Seligman

Real Broker License #200501067 Listed on: 02/01/2012

Real Broker

Co-Listed By

Leah Seligman

Living Room Realty License #201009024

Last Buyer's Agent

Mercer London

Keller Williams PDX Central License #990600120

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,961

Year Built

  • Built in 1925

Lot Details

  • Level Lot

Parking

  • Open Parking

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,961

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1472
  • Stories: 1
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Partial Basement, Storage Space
  • Legal Description: LADDS ADD, BLOCK 6, LOT 4
  • Storage: Basement

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection

Schools

  • Elementary School: Abernethy
  • Middle School: Hosford
  • High School: Cleveland

Lot Info

  • Lot Description: Level
  • Zoning: R1

Tax Info

  • Tax Amount: 3136.20
  • Assessor Parcel Number: R200210

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.24

MLS Schools

  • Elementary School: Abernethy
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2014
Closed on
Apr 22, 2014
Sold by
Henzel D Ben
Bought by
Harris Mark T and Hoang Helen H
Seller's Agent
Megan Kavanaugh
Eleete Real Estate
Buyer's Agent
Eric Hagstette
Inhabit Real Estate
List Price
$444,900
Sold Price
$445,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$733,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,590
Avg. Annual Appreciation
3.94%
Original Mortgage
$333,750
Outstanding Balance
$254,261
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$437,123

Purchase Details

Closed on
Sep 26, 2013
Sold by
Krebsbach Jennifer A
Bought by
Henzel D Ben

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 12, 2012
Sold by
Beadell Kurt
Bought by
Krebsbach Jennifer A
Seller's Agent
Ross Seligman
Real Broker
Buyer's Agent
Mercer London
Keller Williams PDX Central
List Price
$315,000
Sold Price
$280,000
Premium/Discount to List
-$35,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$298,142
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2000
Sold by
Vincent Dianne F
Bought by
Beadell Kurt and Mcvea John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,120
Interest Rate
9.8%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $445,000 Fidelity Natl Title Co Of Or
Bargain Sale Deed -- None Available
Warranty Deed $280,000 First American
Warranty Deed $153,900 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,750 New Conventional
Previous Owner $298,142 FHA
Previous Owner $123,120 Purchase Money Mortgage
Closed $30,780 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $445,000 0.0% $297 / Sq Ft
03/16/2014 03/16/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $444,900 +58.9% $297 / Sq Ft
04/13/2012 04/13/12 Sold $280,000 -11.1% $190 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $315,000 -- $214 / 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 $7,961 $297,530 -- --
2023 $7,655 $288,870 $0 $0
2022 $7,489 $280,460 $0 $0
2021 $7,362 $272,300 $0 $0
2020 $6,754 $264,370 $0 $0
2019 $6,506 $256,670 $0 $0
2018 $6,314 $249,200 $0 $0
2017 $6,052 $241,950 $0 $0
2016 $5,539 $234,910 $0 $0
2015 $5,393 $228,070 $0 $0
2014 $5,293 $221,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12449239

Regional Multiple Listing Service (RMLS)

APN: R200210