NOT LISTED FOR SALE

Estimated Value: $649,099 - $764,000

4 Beds
2 Baths
2,184 Sq Ft
$320/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $350,000 $160 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,185/month

4 Days on Market

Highlights

  • Storage
  • Level Lot
  • Lap Siding
  • Cleveland High School Rated A-

About This Home

As of January 2013

Classic Old PDX with large front porch & deck.Great location with 83 walk score.Clean turnkey units have always been easy to rent.Newly renovated lower unit with new paint,floor coverings,cabinets & counters.Upper unit has new paint & carpet.New deck.Shared laundry facility is separate from units on lower level.Close to bus,restaurants & just a few blocks from Whole Foods.

Last Agent to Sell the Property

Rod McAdams

Keller Williams PDX Central License #960100013 Listed on: 10/11/2012

Keller Williams PDX Central

Last Buyer's Agent

Brian Eustis

MORE Realty License #200412129

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,685

Year Built

  • Built in 1906

Lot Details

  • 2,004

Home Design

  • Lap Siding
  • Vinyl Siding

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Storage
  • Level Lot

Community Details

  • 2 Units
  • Property managed by Jared Assistant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,685

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2184
  • Year Built: 1906
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished, Full Basement
  • Legal Description: KEYSTONE ADD, BLOCK 8, E 40' OF LOT 1
  • Storage: Garage(s), Locked

Exterior Features

  • Exterior Description: Lap Siding, Vinyl Siding
  • Roof Type: Composition

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Management Name: Jared Assistant
  • Management Phone: 503-539-5255
  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Range, Refrigerator, Storage

Schools

  • Elementary School: Buckman
  • High School: Cleveland

Lot Info

  • Lot Description: Level
  • Zoning: R1

Tax Info

  • Tax Amount: 2983.97
  • Assessor Parcel Number: R197346

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.90

MLS Schools

  • Elementary School: Buckman
  • High School: Cleveland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2012
Closed on
Jan 15, 2013
Sold by
Shays Melissa
Bought by
Mendenhall Douglas
Seller's Agent
Rod McAdams
Keller Williams PDX Central
Buyer's Agent
Brian Eustis
MORE Realty
List Price
$339,900
Sold Price
$350,000
Premium/Discount to List
$10,100
2.97%
Total Days on Market
4
Current Estimated Value
$699,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,275
Avg. Annual Appreciation
5.45%
Original Mortgage
$262,500
Outstanding Balance
$188,397
Interest Rate
3.31%
Mortgage Type
New Conventional
Estimated Equity
$486,604

Purchase Details

Closed on
Jan 11, 2012
Sold by
Shays Melissa
Bought by
Shays Melissa

Purchase Details

Closed on
Mar 2, 2001
Sold by
Bishop Linda R
Bought by
Shays Corbin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Mendenhall Douglas $350,000 Wfg Title
Shays Melissa -- None Available
Shays Corbin B $152,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendenhall Douglas $262,500
Previous Owner Shays Corbin B $180,000
Previous Owner Shays Corbin B $60,000
Previous Owner Shays Corbin B $144,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2013 01/18/13 Sold $350,000 +3.0% $160 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
10/11/2012 10/11/12 For Sale $339,900 -- $156 / 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 $5,685 $214,540 $0 $0
2022 $5,562 $208,300 $0 $0
2021 $5,468 $202,240 $0 $0
2020 $5,016 $196,350 $0 $0
2019 $4,832 $190,640 $0 $0
2018 $4,690 $185,090 $0 $0
2017 $4,495 $179,700 $0 $0
2016 $4,114 $174,470 $0 $0
2015 $4,006 $169,390 $0 $0
2014 $3,945 $164,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12381205

Regional Multiple Listing Service (RMLS)

APN: R197346