NOT LISTED FOR SALE

23029 NE Arata Rd Wood Village, OR 97060

Estimated Value: $756,000 - $819,000

2 Beds
1 Bath
2,592 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $707,000 $273 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,683/month

7 Days on Market

Highlights

  • Storage
  • Wood Siding
  • 1-Story Property
  • Washer and Dryer

About This Home

As of June 2021

Single level fourplex on large lot. Three units have been updated and one unit is vacant, providing an owner-occupied opportunity. Highest rent in building is $1250. Room to increase rents and cut operating expenses including landscaping.

Last Agent to Sell the Property

Hunter Brookshier

Soldera Properties, Inc License #201222427 Listed on: 05/10/2021

Co-Listed By

Phillip Barry

Joseph Bernard LLC License #200807134

Last Buyer's Agent

Alex Roy

John L. Scott License #201216286

John L. Scott

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,955

Year Built

  • Built in 1950

Lot Details

  • 0.61

Home Design

  • Wood Siding

Interior Spaces

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

Parking

  • Paved Parking
  • Open Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,955

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2592
  • Stories: 1
  • Year Built: 1950
  • Property Condition: Existing
  • Remarks Public: Single level fourplex on large lot. Three units have been updated and one unit is vacant, providing an owner-occupied opportunity. Highest rent in building is $1250. Room to increase rents and cut operating expenses including landscaping.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 27 1N 3E, TL 3100 0.61 ACRES
  • Storage: Individual Storage Units

Exterior Features

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

Garage/Parking

  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Range, Washer/Dryer

Schools

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

Lot Info

  • Zoning: MR2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4298.04
  • Assessor Parcel Number: R320885
  • Tax Year: 2020

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.17

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 10, 2021
Closed on
Jun 21, 2021
Sold by
Crisan Aurel Matei
Bought by
Pinkston Scott Charles and Pinkston Kristina
Seller's Agent
Hunter Brookshier
Soldera Properties, Inc
Buyer's Agent
Alex Roy
John L. Scott
List Price
$700,000
Sold Price
$707,000
Premium/Discount to List
$7,000
1%
Current Estimated Value
$785,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,072
Avg. Annual Appreciation
2.53%
Original Mortgage
$482,900
Outstanding Balance
$438,157
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$346,915

Purchase Details

Listed on
Jan 26, 2015
Closed on
Mar 10, 2015
Sold by
Geertz Eugne Raymond
Bought by
Crisan Aurel Matei
Seller's Agent
Dale Burkholder
Pete Anderson Realty Group
Buyer's Agent
John Ianos
Ianos Realty
List Price
$299,000
Sold Price
$294,000
Premium/Discount to List
-$5,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%
Original Mortgage
$210,500
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2013
Sold by
Geertz Eugene R
Bought by
Geertz Eugene Raymond and Geertz Frances Rae
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
Pinkston Scott Charles $707,000 Chicago Title
Crisan Aurel Matei $294,000 First American
Geertz Eugene Raymond -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinkston Scott Charles $482,900
Previous Owner Crisan Aurel Matei $297,500
Previous Owner Crisan Aurel Matei $210,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $707,000 +1.0% $273 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $700,000 +138.1% $270 / Sq Ft
03/13/2015 03/13/15 Sold $294,000 -1.7% $113 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $299,000 -- $115 / 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 $4,955 $293,840 -- --
2023 $4,834 $285,290 $0 $0
2022 $4,715 $276,990 $0 $0
2021 $4,599 $268,930 $0 $0
2020 $4,298 $261,100 $0 $0
2019 $4,119 $253,500 $0 $0
2018 $4,079 $246,120 $0 $0
2017 $3,947 $238,960 $0 $0
2016 $3,774 $232,000 $0 $0
2015 $3,531 $217,010 $0 $0
2014 $3,411 $210,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hunter Brookshier

    Seller's Agent in 2021

    Hunter Brookshier

    Soldera Properties, Inc

    (503) 539-8312

    1 in this area

    8 Total Sales

    Hunter Brookshier
    Section Image

  • P

    Seller Co-Listing Agent in 2021

    Phillip Barry

    Joseph Bernard LLC

  • Alex Roy

    Buyer's Agent in 2021

    Alex Roy

    John L. Scott

    (503) 233-4592

    1 in this area

    71 Total Sales

    Alex Roy
    Section Image

  • D

    Seller's Agent in 2015

    Dale Burkholder

    Pete Anderson Realty Group

    17 Total Sales

    Dale Burkholder
    Section Image
  • John Ianos

    Buyer's Agent in 2015

    John Ianos

    Ianos Realty

    (503) 408-9100

    3 Total Sales

    John Ianos
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21437065

Regional Multiple Listing Service (RMLS)

APN: R320885

Oregon Multnomah County Wood Village 97060

23029 NE Arata Rd, Wood Village, OR

This home is located at 23029 NE Arata Rd, Wood Village, OR 97060 since 10 May 2021 and is currently estimated at $785,072, approximately $302 per square foot. This property was built in 1950. 23029 NE Arata Rd is a home located in Multnomah County with nearby schools including Salish Ponds Elementary School, Reynolds Middle School, and Reynolds High School.

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