$342,750
SOLD MAY 16, 2014
8 Beds
-- Bath
2,496 Sq Ft
8,320 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

2% Below List Price

78 Days on Market

About This Home

As of November 2020

The Bridgeton Apartments are a 4 unit community located on North Bridgeton Road and North Gatenbien Avenue in the Bridgeton neighborhood of North Portland. This property features on-site laundry and parking, and is conveniently located across from the Lotus Bridge Marina. The 15,000 square foot adjoining lot is also available for sale and is currently generating income as vehicle storage. The TriMet bus line runs along North Marine

Last Agent to Sell the Property

Joseph Chaplik

Joseph Bernard LLC License #200411049 Listed on: 01/09/2014

Co-Listed By

Michael Candianides

Michael J Candianides Real Estate License #200010125

Last Buyer's Agent

Randy Schumock

John L Scott Portland SW License #910200137

John L Scott Portland SW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 1956

Parking

  • Paved Parking

Home Design

  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Range
  • Property Views

Additional Features

  • Waterfront
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,940

Year Built

Built in 1956

Lot Details

0

Parking

8

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2496
  • Stories: 2
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: BRIDGETON, BLOCK 3, LOT 1-3

Exterior Features

  • Exterior Description: Block
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Metal
  • View: River
  • Waterfront Description: River Front
  • Waterfront: Yes
  • Water Name: Columbia
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Water

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Range, Refrigerator

Schools

  • Elementary School: Faubion
  • High School: Jefferson

Lot Info

  • Lot Description: Corner
  • Zoning: CM

Tax Info

  • Tax Amount: 3201.99
  • Assessor Parcel Number: R121097

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 9.12

MLS Schools

  • Elementary School: Faubion
  • High School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Oct 15, 2020
Sold by
Wilkerson Kermit
Bought by
Speer Daniel
Seller's Agent
Randy Schumock
John L Scott Portland SW
Buyer's Agent
Benjamin Ficker
Keller Williams Sunset Corridor
List Price
$750,000
Sold Price
$747,500
Premium/Discount to List
-$2,500
-0.33%
Current Estimated Value
$791,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,306
Avg. Annual Appreciation
1.71%
Original Mortgage
$518,000
Outstanding Balance
$465,134
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$344,707

Purchase Details

Listed on
Jan 9, 2014
Closed on
May 15, 2014
Sold by
Double B Llc
Bought by
Wilkerson Kermit
Seller's Agent
Joseph Chaplik
Joseph Bernard LLC
Buyer's Agent
Randy Schumock
John L Scott Portland SW
List Price
$350,000
Sold Price
$342,750
Premium/Discount to List
-$7,250
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$332,925
Interest Rate
4.38%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2007
Sold by
Buckley William T
Bought by
Double B Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2007
Sold by
Engles James W
Bought by
Double B Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2004
Sold by
Peterson Donald L
Bought by
Buckley William T and Buckley Bonnie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $747,500 Fidelity Natl Ttl Co Of Or
Warranty Deed $350,000 Wfg Title
Bargain Sale Deed -- Lawyers Title Ins
Special Warranty Deed -- Lawyers Title Ins
Warranty Deed $285,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $518,000 New Conventional
Previous Owner $519,840 FHA
Previous Owner $332,925 FHA
Previous Owner $400,000 Commercial
Previous Owner $202,000 Purchase Money Mortgage
Closed $25,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $747,500 -0.3% $301 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $750,000 0.0% $302 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
07/20/2019 07/20/19 Price Changed $750,000 -6.3% $302 / Sq Ft
06/21/2019 06/21/19 Price Changed $800,000 -5.9% $322 / Sq Ft
06/03/2019 06/03/19 Price Changed $850,000 -10.5% $342 / Sq Ft
05/15/2019 05/15/19 For Sale $950,000 +177.2% $382 / Sq Ft
05/16/2014 05/16/14 Sold $342,750 -2.1% $137 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $350,000 -- $140 / 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 $4,940 $179,350 $0 $0
2022 $4,877 $174,130 $0 $0
2021 $4,757 $169,060 $0 $0
2020 $4,377 $164,140 $0 $0
2019 $4,208 $159,360 $0 $0
2018 $4,101 $154,720 $0 $0
2017 $3,933 $150,220 $0 $0
2016 $3,744 $145,850 $0 $0
2015 $3,687 $141,610 $0 $0
2014 $3,585 $137,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13394079

Regional Multiple Listing Service (RMLS)

APN: R121097