NOT LISTED FOR SALE

Estimated Value: $916,000 - $1,442,675

3 Beds
3 Baths
3,154 Sq Ft
$350/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $840,000 $266 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,885/month

75 Days on Market

Highlights

  • Home fronts a creek
  • RV Access or Parking
  • Private Lot
  • Duniway Elementary School Rated 9+
  • Creek or Stream View
  • 2-minute walk to Johnson Creek Park

About This Home

As of May 2023

Stunning Sellwood Mid Century Gem on 20,000 ft lot w/Parklike yd w/Creek/walking bridge. Coolest lot in the City! Previously used as 3 units. Currently used as residence (both levels) PLUS 1 bdrm apt Airbnb.. Zoned RM1 (duplexes, triplexes, small apartments.) can go 35 ft high. Area to add additional units. Unique setting w/many possibilities. Live in home, rent lower level & apt for airbnb. GREAT RENT OPPORTUNITY! Live in one, rent out 2 others.Property has water rights! BEST DEAL ON MARKET!!

Last Agent to Sell the Property

Lorna & Sarah Murray

RE/MAX Equity Group License #880400197 Listed on: 01/10/2023

RE/MAX Equity Group

Co-Listed By

Sarah Murray

RE/MAX Equity Group License #201207759

Last Buyer's Agent

Laura Cavanaugh

Harnish Company Realtors License #201215340

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,958

Year Built

  • Built in 1952

Lot Details

  • Home fronts a creek
  • Private Lot
  • Corner Lot
  • Level Lot

Property Views

  • Creek or Stream
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,154 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Guest Parking
  • RV Access or Parking

Schools

  • Duniway Elementary School
  • Sellwood Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Common Area

Listing and Financial Details

  • Assessor Parcel Number R268004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,958

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1952
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, FullBasement
  • Storage: Basement
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 20,000 SqFt to .99 Acres
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level, Private
  • Road Surface Type: Paved
  • Water Body Name: Crystal Springs
  • Waterfront Features: Creek
  • Disclosures: Disclosure
  • Roof: Composition
  • View: CreekStream,ParkGreenbelt

Garage/Parking

  • Parking Description: Guest, RVAccessParking
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Commons

Schools

  • Elementary School: Duniway
  • High School: Cleveland
  • Middle Or Junior School: Sellwood

Lot Info

  • Zoning: RM1
  • Parcel #: R268004

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 9957.94

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
May 30, 2023
Sold by
Sabin Julia
Bought by
Hamilton Jennifer and Hansen Laura J
Seller's Agent
Lorna & Sarah Murray
RE/MAX Equity Group
Buyer's Agent
Laura Cavanaugh
Harnish Company Realtors
List Price
$859,900
Sold Price
$840,000
Premium/Discount to List
-$19,900
-2.31%
Views
220
Current Estimated Value
$1,093,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,654
Avg. Annual Appreciation
11.62%
Original Mortgage
$824,785
Outstanding Balance
$807,057
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$262,790

Purchase Details

Closed on
Jun 6, 2017
Sold by
Duffys Love Shack Llc
Bought by
Sabin Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,600
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2007
Sold by
Sabin Julia R
Bought by
Duffys Love Shack Llc

Purchase Details

Closed on
Jan 29, 2007
Sold by
Duffys Love Shack Llc
Bought by
Sabin Julia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2004
Sold by
Sabin Julia R
Bought by
Duffys Love Shack Llc

Purchase Details

Closed on
Mar 22, 2002
Sold by
Bernhard John
Bought by
Sabin Julia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2001
Sold by
Shipley Michael W
Bought by
Bernhard John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 1995
Sold by
Edgerton Eugene H
Bought by
Shipley Michael W and Shipley Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.32%
Mortgage Type
Seller Take Back
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
Hamilton Jennifer $840,000 First American Title
Sabin Julia -- Ticor Title Company Of Or
Duffys Love Shack Llc -- None Available
Sabin Julia R -- Pacific Nw Title
Duffys Love Shack Llc -- Pacific Nw Title
Duffys Love Shack Llc -- --
Sabin Julia R $238,818 First American
Bernhard John $242,500 Pacific Nw Title
Shipley Michael W $175,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Jennifer $824,785
Previous Owner Sabin Julia $355,600
Previous Owner Sabin Julia R $417,000
Previous Owner Sabin Julia R $259,200
Previous Owner Sabin Julia R $191,200
Previous Owner Bernhard John $194,000
Previous Owner Shipley Michael W $140,000
Closed Shipley Michael W $146,000
Closed Sabin Julia R $23,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $840,000 -2.3% $266 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $859,900 -- $273 / 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 $10,767 $390,720 $0 $0
2022 $10,129 $379,340 $0 $0
2021 $9,958 $368,300 $0 $0
2020 $9,135 $357,580 $0 $0
2019 $8,799 $347,170 $0 $0
2018 $8,540 $337,060 $0 $0
2017 $8,186 $327,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23129055

Regional Multiple Listing Service (RMLS)

APN: R268004