NOT LISTED FOR SALE

22920 NE Halsey St Wood Village, OR 97060

Estimated Value: $642,000 - $1,606,945

2 Beds
1 Bath
7,056 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $920,000 $130 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,496/month

27 Days on Market

About This Home

As of June 2016

Single level apartment community comprised of (9) 2BR/1BA units with W/D hookups. Improvements attached. Asset consists of triplex style buildings situated on a private flag lot, providing a unique community in Wood Village. Rents have immediate upside value and the property has experienced historically low vacancy. Wood Village is a sub-market of Gresham, OR with a current vacancy rate of 2.7% and rent per sq. ft. average of $1.06.

Last Agent to Sell the Property

Phillip Barry

Joseph Bernard LLC License #200807134 Listed on: 05/04/2016

Last Buyer's Agent

David Tsai

Mal & Seitz License #201005081

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,010

Year Built

  • Built in 1975

Lot Details

  • 0.8

Parking

  • Paved Parking

Home Design

  • Cedar

Interior Spaces

  • 1-Story Property
  • Range
  • Washer and Dryer Hookup

Community Details

  • 9 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,010

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 7056
  • Stories: 1
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: SECTION 27 1N 3E, TL 2400 0.80 ACRES

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Salish Ponds
  • Middle School: Reynolds
  • High School: Reynolds

Lot Info

  • Zoning: MR2

Tax Info

  • Tax Amount: 7402.59
  • Assessor Parcel Number: R321005

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 9
  • Gross Rent Multiplier: 10.74

MLS Schools

  • Elementary School: Salish Ponds
  • High School: Reynolds
  • Middle School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 7, 2016
Sold by
Mountain View Llc
Bought by
Chen Fang Kun
Seller's Agent
Phillip Barry
Joseph Bernard LLC
Buyer's Agent
David Tsai
Mal & Seitz
List Price
$975,000
Sold Price
$920,000
Premium/Discount to List
-$55,000
-5.64%
Current Estimated Value
$1,222,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,736
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Mar 4, 2015
Sold by
Fantz Kay L
Bought by
Mountain View Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
3.61%
Mortgage Type
Future Advance Clause Open End 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 Buyer Sale Price Title Company
Chen Fang Kun $920,000 Chicago Title
Mountain View Llc $585,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mountain View Llc $438,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2016 06/08/16 Sold $920,000 -5.6% $130 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $975,000 -- $138 / 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 $10,010 $593,550 -- --
2023 $9,764 $576,270 $0 $0
2022 $9,524 $559,490 $0 $0
2021 $9,290 $543,200 $0 $0
2020 $8,681 $527,380 $0 $0
2019 $8,319 $512,020 $0 $0
2018 $8,239 $497,110 $0 $0
2017 $7,972 $482,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16609642

Regional Multiple Listing Service (RMLS)

APN: R321005