NOT LISTED FOR SALE

23052 SW Main St Sherwood, OR 97140

Estimated Value: $577,000 - $642,000

2 Beds
2 Baths
2,800 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $637,000 $228 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,691/month

91 Days on Market

Highlights

  • Attached Garage
  • Baseboard Heating
  • Wood Siding
  • Archer Glen Elementary School Rated A
  • Level Lot

About This Home

As of January 2024

Nestled in the heart of Sherwood this duplex offers a compelling investment opportunity. Spanning 2800 sqft in total, each side of this split level property boasts distinct features: the left unit with 3 bedrooms, 2 baths, and a versatile kitchenette, and the right unit offering 3 bedrooms and 1.5 baths. Both units come with the convenience of a 1-car garage and in-unit laundry. Recent enhancements include a new roof from just 2 years ago and a refreshed interior in one unit, complemented by a new patio. The outdoor space is equally impressive with private decks leading to fenced yards on a generous .23-acre lot. Its prime location, mere blocks from Old Town Sherwood, positions it perfectly for steady rental income and growth potential, given its proximity to shopping, dining, and parks. Please do not disturb tenants. Ask about owner occupancy potential.

Last Agent to Sell the Property

Stephen Malfa

Real Broker Brokerage Phone: 503-319-4759 License #201211048 Listed on: 09/07/2023

Last Buyer's Agent

Rob Levy

Keller Williams Realty Professionals License #881100070

Keller Williams Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,019

Year Built

  • Built in 1968

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Schools

  • Archer Glen Elementary School
  • Sherwood Middle School
  • Sherwood High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number R557203

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $26,020
  • Gross Income $38,360
  • Net Operating Income $31,039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,019

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1968
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Archer Glen
  • High School: Sherwood
  • Middle Or Junior School: Sherwood

Lot Info

  • Zoning: MDRL
  • Parcel #: R557203

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 5019.26

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.12
  • Annual Gross Income: 38360.0
  • Property Net Operating Income: 31039.0
  • Annual Operating Expense: 26020.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Jan 11, 2024
Sold by
Mccarty Family Trust
Bought by
Leonard Cameron W and Leonard Greg W
Seller's Agent
Stephen Malfa
Real Broker
Buyer's Agent
Rob Levy
Keller Williams Realty Professionals
List Price
$695,000
Sold Price
$637,000
Premium/Discount to List
-$58,000
-8.35%
Views
62
Current Estimated Value
$605,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,127
Avg. Annual Appreciation
-2.87%
Original Mortgage
$573,300
Outstanding Balance
$563,769
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$42,104

Purchase Details

Closed on
Sep 28, 2020
Sold by
Mccarty Michael T and Mccarty Karen J
Bought by
Mccarty Michael T and Mccarty Karen J

Purchase Details

Closed on
Dec 29, 2016
Sold by
Mccarty Michael T and Mccarty Karen J
Bought by
Mccarty Michael T and Mccarty Karen J

Purchase Details

Listed on
Sep 1, 2016
Closed on
Oct 10, 2016
Sold by
Bender Richard Wayne
Bought by
Mccarty Michael T and Mccarty Karen J
Seller's Agent
Nick Shivers
Keller Williams PDX Central
Buyer's Agent
Leslie Hilbert
Keller Williams Sunset Corridor
List Price
$424,900
Sold Price
$380,000
Premium/Discount to List
-$44,900
-10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Sep 5, 2007
Sold by
A Wayne Bender Trust and Bender Richard Wayne
Bought by
Bender Richard Wayne and Estate Of Albert Wayne Bender
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
Leonard Cameron W $637,000 Fidelity National Title
Mccarty Michael T -- None Available
Mccarty Michael T -- None Available
Mccarty Michael T $380,000 Lawyers
Bender Richard Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Cameron W $573,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $637,000 -8.3% $228 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $695,000 0.0% $248 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $695,000 +82.9% $248 / Sq Ft
10/11/2016 10/11/16 Sold $380,000 -10.6% $136 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $424,900 -- $152 / 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
2025 $5,747 $301,520 -- --
2024 $5,610 $292,740 -- --
2023 $5,610 $284,220 $0 $0
2022 $5,019 $284,220 $0 $0
2021 $4,954 $267,920 $0 $0
2020 $4,872 $260,120 $0 $0
2019 $4,779 $252,550 $0 $0
2018 $4,635 $245,200 $0 $0
2017 $4,514 $238,060 $0 $0
2016 $4,370 $231,130 $0 $0
2015 $4,152 $224,400 $0 $0
2014 $4,107 $217,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23677158

Regional Multiple Listing Service (RMLS)

APN: R0557203