NOT LISTED FOR SALE

23134 NE Halsey St Wood Village, OR 97060

Estimated Value: $1,436,000 - $2,897,000

2 Beds
1 Bath
14,036 Sq Ft
$169/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $1,870,000 $133 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $14,356/month

3 Days on Market

About This Home

As of July 2017

The Flair Apartments is an extensively rehabbed 16 unit apartment community in Wood Village, Oregon comprised of large 2BR/1BA units. The property has undergone major improvements in 2016 & 2017 including new siding, new windows & front doors, and recently completed roof & gutter work. The majority of the units have been turned over and present an investor w/ a stabilized opportunity w/ additional room for rent growth moving forward.

Last Agent to Sell the Property

Phillip Barry

Joseph Bernard LLC License #200807134 Listed on: 05/16/2017

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,661

Year Built

  • Built in 1974

Lot Details

  • 1

Home Design

  • Lap Siding
  • Cement Siding

Kitchen

  • Range
  • Dishwasher

Basement

  • Crawl Space

Community Details

  • 16 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,661

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 14036
  • Year Built: 1974
  • Remarks Public: The Flair Apartments is an extensively rehabbed 16 unit apartment community in Wood Village, Oregon comprised of large 2BR/1BA units. The property has undergone major improvements in 2016 & 2017 including new siding, new windows & front doors, and recently completed roof & gutter work. The majority of the units have been turned over and present an investor w/ a stabilized opportunity w/ additional room for rent growth moving forward.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 27 1N 3E, TL 100 1.00 ACRES
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Lot Size: 1 to 2.99 Acres
  • Roof Type: Composition

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

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

Lot Info

  • Zoning: MR2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 13448.34
  • Assessor Parcel Number: R320887

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 16
  • Gross Rent Multiplier: 10.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2022
Sold by
Flair 1 Llc
Bought by
Johnson John and Johnson Karen
Current Estimated Value
$2,369,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,136,832
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$1,232,402

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 18, 2017
Sold by
Mountain View Llc
Bought by
The Flair Apartments Llc
Seller's Agent
Phillip Barry
Joseph Bernard LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$1,950,000
Sold Price
$1,870,000
Premium/Discount to List
-$80,000
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$1,402,500
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2014
Sold by
Lamplighter Note & Deed Llc
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
$624,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 15, 2014
Sold by
Lamplighter Note & Deed Llc
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
$624,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 12, 2014
Sold by
T&D Apartment Llc
Bought by
Lamplighter Note & Deed Llc

Purchase Details

Closed on
Apr 25, 2006
Sold by
Vang Nhia
Bought by
T & D Apartment Llc

Purchase Details

Closed on
Jan 23, 1998
Sold by
Corpus Christopher P
Bought by
Whittemore Zidon and Whittemore Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,250
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
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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
Johnson John $2,700,000 Fidelity National Title
Flair 1 Llx -- Fidelity National Title
The Flair Apartments Llc $1,870,000 Wfg Title
Mountain View Llc -- Chicago Title
Mountain View Llc -- None Available
Lamplighter Note & Deed Llc $953,000 Chicago Title
T & D Apartment Llc $920,000 Lawyers Title Ins
Whittemore Zidon $614,275 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson John $1,500,000
Previous Owner The Flair Apartments Llc $1,402,500
Previous Owner Mountain View Llc $624,000
Previous Owner Whittemore Zidon $467,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $1,870,000 -4.1% $133 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $1,950,000 -- $139 / 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 $17,661 $1,047,210 -- --
2023 $17,227 $1,016,710 $0 $0
2022 $16,803 $987,100 $0 $0
2021 $16,389 $958,350 $0 $0
2020 $15,316 $930,440 $0 $0
2019 $14,676 $903,340 $0 $0
2018 $14,537 $877,030 $0 $0
2017 $14,065 $851,490 $0 $0
2016 $13,448 $826,690 $0 $0
2015 $13,060 $802,620 $0 $0
2014 $12,616 $779,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Phillip Barry

    Joseph Bernard LLC

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17257869

Regional Multiple Listing Service (RMLS)

APN: R320887

Oregon Multnomah County Wood Village 97060

23134 NE Halsey St, Wood Village, OR

This home is located at 23134 NE Halsey St, Wood Village, OR 97060 since 16 May 2017 and is currently estimated at $2,369,234, approximately $168 per square foot. This property was built in 1974. 23134 NE Halsey St 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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