NOT LISTED FOR SALE

23795 NE Shannon St Unit 23797 Wood Village, OR 97060

Estimated Value: $536,613 - $568,000

4 Beds
2 Baths
2,136 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $517,000 $242 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,347/month

3 Days on Market

Highlights

  • Private Lot
  • Paneling
  • High Speed Internet
  • Cul-De-Sac
  • 4 Car Garage
  • Wall Furnace

About This Home

As of September 2023

Exceptional turn-key duplex, perfect for living and/or investing in Portland metro. Ideal layouts feature kitchens with custom hardwood cabinets, solid surface counters, and new stainless appliances. Dining rooms are open to the living area with new sliders to the private patio for entertaining outdoors. Living rooms are accented with large picture windows and cozy wood burning fireplaces. Each apartment has two spacious bedrooms, ample storage, washer/dryer hook-ups and renovated bathrooms with new tub/shower surrounds & hardwood vanities. Both are updated with luxury vinyl flooring, modern fixtures and wall heaters with individual room thermostats. Low maintenance exterior has fresh paint, new garage doors and double pane vinyl windows which offer superior sound and weather insulation. At the end of a quiet street in a vibrant community, large, fenced backyards offer plenty of room for gardening or fun-in-the-sun. Each unit has a dedicated 1-car garage, with an expansive driveway for additional parking. This single-level duplex is perfect for multi-gen living, owner occupants and seasoned investors looking for a turn-key rental. First time buyers can get more purchasing power with rental income. Dream location at the edge of the Columbia River Gorge recreation area, this property is just minutes from the Wood Village town center shopping, multiple parks & local hot spots, 15 min to PDX Airport, 20 min to downtown Portland and an hour from Timberline Lodge on Mt. Hood. Enjoy the small town feeling with big city amenities.

Last Agent to Sell the Property

Brenda Gunderson

Soldera Properties, Inc License #200906119 Listed on: 08/04/2023

Last Buyer's Agent

Sandra Daniels

Oregon First License #951200102

Oregon First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,858

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • Cul-De-Sac
  • Private Lot
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Wood Composite

Interior Spaces

  • 2,136 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Crawl Space
  • Security Lights

Schools

  • Woodland Elementary School
  • Walt Morey Middle School
  • Reynolds High School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R106622

Community Details

Overview

  • 2 Units
  • Arata Terrace Subdivision
  • Property managed by Owner Managed

Building Details

  • Operating Expense $6,843
  • Gross Income $20,298
  • Net Operating Income $13,455

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,858

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1979
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Panel,WoodComposite
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Cul_de_sac, Level, Private
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, Paved
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,Wireless
  • Security: SecurityLights
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Owner Managed

Schools

  • Elementary School: Woodland
  • High School: Reynolds
  • Middle Or Junior School: Walt Morey

Lot Info

  • Zoning: MR4
  • Parcel #: R106622

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3857.57

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 25.08
  • Annual Gross Income: 20298.0
  • Property Net Operating Income: 13455.0
  • Annual Operating Expense: 6843.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Sep 7, 2023
Sold by
Lovelady Cory
Bought by
Zuidema Timothy and Zuidema Lynn
Seller's Agent
Brenda Gunderson
Soldera Properties, Inc
Buyer's Agent
Sandra Daniels
Oregon First
List Price
$509,000
Sold Price
$517,000
Premium/Discount to List
$8,000
1.57%
Views
26
Current Estimated Value
$544,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,963
Avg. Annual Appreciation
3.60%
Original Mortgage
$336,050
Outstanding Balance
$329,370
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$223,533

Purchase Details

Listed on
Aug 6, 2015
Closed on
Dec 28, 2015
Sold by
Findon Sean G
Bought by
Lovelady Cory
Seller's Agent
Mike Miller
RE/MAX HomeSource
Buyer's Agent
Brenda Gunderson
Soldera Properties, Inc
List Price
$254,900
Sold Price
$249,900
Premium/Discount to List
-$5,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$245,373
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2005
Sold by
Ohalloran Suzanne C
Bought by
Findon Sean G and Findon Lorri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 17, 2000
Sold by
Richard Allan E
Bought by
Ohalloran Suzanne C

Purchase Details

Closed on
Jul 28, 1995
Sold by
Treacy Paul M and Treacy Paul Michael
Bought by
Ohalloran Suzanne C and Ohalloran Richard Suzanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1995
Sold by
Ohalloran Suzanne C
Bought by
Richard Allan E and Ohalloran Richard Suzanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Zuidema Timothy $517,000 Old Republic Title
Lovelady Cory $249,900 Fidelity Natl Title Co Of Or
Findon Sean G $231,500 Fidelity Natl Title Co Of Or
Ohalloran Suzanne C -- --
Ohalloran Suzanne C $135,000 Fidelity National Title Co
Richard Allan E -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuidema Timothy $336,050
Previous Owner Lovelady Cory $285,000
Previous Owner Lovelady Cory $245,373
Previous Owner Hidalgo Aurelia $192,494
Previous Owner Findon Sean G $185,200
Previous Owner Findon Sean G $46,300
Previous Owner Richard Allan E $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $517,000 +1.6% $242 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $509,000 +103.7% $238 / Sq Ft
12/30/2015 12/30/15 Sold $249,900 -2.0% $94 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $254,900 -- $96 / 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
2023 $4,361 $233,410 $0 $0
2022 $3,858 $226,620 $0 $0
2021 $3,763 $220,020 $0 $0
2020 $3,516 $213,620 $0 $0
2019 $3,370 $207,400 $0 $0
2018 $3,337 $201,360 $0 $0
2017 $3,229 $195,500 $0 $0
2016 $3,088 $189,810 $0 $0
2015 $2,999 $184,290 $0 $0
2014 $2,897 $178,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23058368

Regional Multiple Listing Service (RMLS)

APN: R106622