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

Sale Details

Date 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 Agent to Sell the Property

Sally Olsson

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

Real Broker

Co-Listed By

Don Olsson

Premiere Property Group, LLC License #790900193

Last Buyer's Agent

Tyler Gerding

Pounder Realty LLC License #201010006

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,145

Year Built

  • Built in 1965

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

Lot Details

  • Private Lot
  • Level Lot
  • Landscaped with Trees

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

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
  • Current Price For Status: 1200000.0
  • 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

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

Tax Info

  • Tax Annual Amount: 7145.22

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2017
Closed on
Nov 7, 2017
Sold by
Bought by
Seller's Agent
Sally Olsson
Real Broker
Buyer's Agent
Tyler Gerding
Pounder Realty LLC
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$872,500
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,293,750
Closed $872,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,936 $542,850
2025 $9,667 $527,040
2024 $9,326 $511,690
2023 $9,326 $496,790 $0 $0
2022 $8,154 $496,790 $0 $0
2021 $8,049 $468,290 $0 $0
2020 $8,005 $454,660 $0 $0
2019 $7,827 $441,420 $0 $0
2018 $7,587 $428,570 $0 $0
2017 $7,352 $416,090 $0 $0
2016 $7,145 $403,980 $0 $0
2015 $6,871 $392,220 $0 $0
2014 $6,838 $380,800 $0 $0
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)
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