NOT LISTED FOR SALE

Estimated Value: $365,344 - $406,000

2 Beds
1 Bath
965 Sq Ft
$400/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $825,000 $855 Per Sq Ft

Current estimated payment $2,422/month

168 Days on Market

About This Home

As of July 2018

New RX zoning which which allows medium to high density development up to 120ft (10 stories). 3 contiguous parcels being sold together for a total of approx 27,000 sq ft. Each lot has a home with a tenant. Close to MAX public transportation and the 205 freeway. Shopping nearby. Great opportunity for a developer to tear down and build up or just buy and hold and collect the rents for now. Do not disturb the tenants. Buyer to verify all.

Last Agent to Sell the Property

Jeff Walker

RE/MAX Equity Group License #201212874 Listed on: 11/10/2017

RE/MAX Equity Group

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,813

Lot Details

  • Level Lot
  • Additional Parcels
  • Property is zoned RX

Utilities

  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,813

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Single Family Residence
  • Remarks Public: New RX zoning which which allows medium to high density development up to 120ft (10 stories). 3 contiguous parcels being sold together for a total of approx 27,000 sq ft. Each lot has a home with a tenant. Close to MAX public transportation and the 205 freeway. Shopping nearby. Great opportunity for a developer to tear down and build up or just buy and hold and collect the rents for now. Do not disturb the tenants. Buyer to verify all.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Legal Description: LEWIS PK, BLOCK 2, LOT 12, Lot 11 and Lot 10

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • Road Frontage: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Electricity Connected, Cable Connected, Phone Connected

Association/Amenities

  • Existing Structures Description: Garage(s), Residence
  • Existing Structures: Yes

Schools

  • Elementary School: Ventura Park
  • High School: David Douglas

Lot Info

  • Lot Description: Public Road
  • Zoning: RX
  • Number Of Lots Total: 3
  • Present Use: Residential
  • Additional Parcels: Yes
  • Land Description: Level

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 7256.91
  • Assessor Parcel Number: R206592
  • Assessor Parcel Number 2: R206591
  • Assessor Parcel Number 3: R206590

MLS Schools

  • Elementary School: Ventura Park
  • High School: David Douglas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jul 16, 2018
Sold by
Frelermuth Kirk N
Bought by
Westerman Joe
Seller's Agent
Jeff Walker
RE/MAX Equity Group
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$900,000
Sold Price
$825,000
Premium/Discount to List
-$75,000
-8.33%
Current Estimated Value
$386,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$438,914
Avg. Annual Appreciation
-10.16%
Original Mortgage
$203,433
Outstanding Balance
$178,133
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$207,953

Purchase Details

Closed on
Aug 3, 2016
Sold by
Freiermuth Kirk
Bought by
Freiermuth Kirk N and Freiermuth Cynthia A

Purchase Details

Closed on
Dec 10, 2004
Sold by
Kimmel Kenneth M
Bought by
Corystevens Properties

Purchase Details

Closed on
Mar 7, 2003
Sold by
Smith & Jordan Properties Llc
Bought by
Kimmel Kenneth M and Kimmel Susan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2002
Sold by
Peterson Thomas A
Bought by
Smith & Jordan Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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
Westerman Joe $271,244 Ticor Title
Freiermuth Kirk N -- None Available
Corystevens Properties -- --
Kimmel Kenneth M $126,000 Fidelity Natl Title Co Of Or
Smith & Jordan Properties Llc $98,691 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westerman Joe $203,433
Previous Owner Kimmel Kenneth M $100,800
Previous Owner Smith & Jordan Properties Llc $105,000
Closed Kimmel Kenneth M $12,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Sold $825,000 -8.3% $855 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
11/10/2017 11/10/17 For Sale $900,000 -- $933 / 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 $3,813 $162,220 $0 $0
2022 $3,614 $157,500 $0 $0
2021 $3,555 $152,920 $0 $0
2020 $3,220 $148,470 $0 $0
2019 $3,118 $144,150 $0 $0
2018 $3,022 $139,960 $0 $0
2017 $2,911 $135,890 $0 $0
2016 $2,834 $131,940 $0 $0
2015 $2,766 $128,100 $0 $0
2014 $2,710 $124,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17008740

Regional Multiple Listing Service (RMLS)

APN: R206592