NOT LISTED FOR SALE

2160 SW Kings Ct Portland, OR 97205

Goose Hollow Neighborhood

Estimated Value: $610,000 - $688,000

5 Beds
3 Baths
2,394 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $450,000 $188 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,298/month

97 Days on Market

Highlights

  • Forced Air Heating System
  • West Sylvan Middle School Rated A-
  • 3-minute walk to Goose Hollow/Sw Jefferson

About This Home

As of October 2022

Unique value-add opportunity in fantastic SW Portland hills location. Tri-plex* has below market rents, with one vacant unit not in rentable condition. Perfect for value-add buyer who wants to upgrade in the NW/SW hills, tucked behind the BMW dealership off SW Jefferson & includes parking. Potential to dramatically increase current income with a charming & rare vintage plex. Income/expense information based on the property being fully rented, actual income/expenses available upon accepted offer.

Last Agent to Sell the Property

Bernard Gehret

Joseph Bernard LLC License #200009029 Listed on: 07/05/2022

Joseph Bernard LLC

Last Buyer's Agent

Zhaohong Wang

Kozy Real Estate Group License #200412228

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,962

Year Built

  • Built in 1912

Lot Details

  • 0.26

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,394 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Schools

  • Chapman Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R105823

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $17,710
  • Gross Income $55,860
  • Net Operating Income $38,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,962

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1912
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartiallyFinished
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Disclosures: Exempt

Garage/Parking

  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Chapman
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: CX
  • Parcel #: R105823

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 8962.49

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 10.74
  • Annual Gross Income: 55860.0
  • Property Net Operating Income: 38150.0
  • Annual Operating Expense: 17710.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Oct 20, 2022
Sold by
Koblegarde B Rupert
Bought by
Hu Jie
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Zhaohong Wang
Kozy Real Estate Group
List Price
$600,000
Sold Price
$450,000
Premium/Discount to List
-$150,000
-25%
Views
1
Current Estimated Value
$645,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,329
Avg. Annual Appreciation
14.57%

Purchase Details

Closed on
Sep 24, 2003
Sold by
Seinfeld David C
Bought by
Koblegarde B Rupert and Koblegarde Bobby Jo

Purchase Details

Closed on
Jun 13, 2003
Sold by
Wiesner Robert L
Bought by
Seinfeld David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2001
Sold by
Wiesner Robert L
Bought by
Wiesner Robert L and Wiesner Barbara Ann
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
Hu Jie $450,000 Lawyers Title
Koblegarde B Rupert $283,000 First American
Seinfeld David C $225,000 Fidelity Natl Title Co Of Or
Wiesner Robert L -- --
Wiesner Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seinfeld David C $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $450,000 -25.0% $188 / Sq Ft
10/14/2022 10/14/22 For Sale $600,000 0.0% $251 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $600,000 0.0% $251 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $600,000 -25.0% $251 / Sq Ft
07/05/2022 07/05/22 For Sale $800,000 -- $334 / 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 $9,389 $362,540 -- --
2023 $9,318 $351,990 $0 $0
2022 $9,117 $341,740 $0 $0
2021 $8,962 $331,790 $0 $0
2020 $8,221 $322,130 $0 $0
2019 $7,919 $312,750 $0 $0
2018 $7,686 $303,650 $0 $0
2017 $7,367 $294,810 $0 $0
2016 $6,741 $286,230 $0 $0
2015 $6,565 $277,900 $0 $0
2014 $6,065 $253,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bernard Gehret

    Joseph Bernard LLC

    Section Image
  • Zhaohong Wang

    Buyer's Agent in 2022

    Zhaohong Wang

    Kozy Real Estate Group

    (503) 737-4886

    1 in this area

    59 Total Sales

    Zhaohong Wang
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22361375

Regional Multiple Listing Service (RMLS)

APN: R105823

Oregon Multnomah County Portland 97205 Goose Hollow

2160 SW Kings Ct, Portland, OR

This home is located at 2160 SW Kings Ct, Portland, OR 97205 since 05 July 2022 and is currently estimated at $645,329, approximately $269 per square foot. This property was built in 1912. 2160 SW Kings Ct is a home located in Multnomah County with nearby schools including Chapman Elementary School, West Sylvan Middle School, and Lincoln High School.

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