NOT LISTED FOR SALE
4 Beds
6 Baths
8,430 Sq Ft
1965 Built

Last Sold November 13, 2017

Last sale price $1,200,000 $142 Per Sq Ft

37 Days on Market

Highlights

  • View of Trees or Woods
  • Storage
  • Baseboard Heating
  • Private Lot
  • Landscaped with Trees
  • Laundry Facilities

About This Home

As of November 2017

Beautiful condition with high demand/low turnover performance, located close to Pacific Univ., cafes,shops & community services. All but one unit has been extensively remodeled. Improvements include: plumbing, paint I/O, roofs, vinyl windows, insulation,floors, fixtures and appliances. Each unit has assigned carports plus 3 large owner storage areas. On-site coin op laundry income from leased washer/dryer service.

Last Listed By

Sally Olsson

Real Broker License #201208765 Listed on: 07/11/2017

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,145

Year Built

  • Built in 1965

Lot Details

  • Private Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 18 Car Garage
  • Carport
  • Assigned Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 8,430 Sq Ft Home
  • 2-Story Property
  • Storage
  • Views of Woods
  • Partial Basement

Schools

  • Tom Mccall Elementary School
  • Neil Armstrong Middle School
  • Forest Grove High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R745803

Community Details

Overview

  • 14 Units
  • Pacific University Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $36,233
  • Gross Income $126,056
  • Net Operating Income $89,823

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,145

Year Built

Built in 1965

Lot Details

0

Parking

18

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1965
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement
  • Storage: Locked
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level, Private, Trees
  • Disclosures: Exempt
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Assigned, Carport
  • Attached Garage: No
  • Garage Spaces: 18.0
  • Total Parking Spaces: 18.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons, Laundry

Schools

  • Elementary School: Harvey Clark
  • High School: Forest Grove
  • Middle Or Junior School: Neil Armstrong
  • Elementary School #2: Tom McCall

Lot Info

  • Zoning: MULTI
  • Parcel #: R745803

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 7145.22

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 14
  • Gross Rent Multiplier: 9.92
  • Annual Gross Income: 126056.0
  • Property Net Operating Income: 89823.0
  • Annual Operating Expense: 36233.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2017 11/13/17 Sold $1,200,000 -4.0% $142 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $1,250,000 -- $148 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17492564

Regional Multiple Listing Service (RMLS)