NOT LISTED FOR SALE

2455 SW 218th Dr Beaverton, OR 97006

Estimated Value: $518,000 - $730,805

3 Beds
3 Baths
2,312 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $540,000 $234 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,414/month

3 Days on Market

About This Home

As of August 2023

Charming home in desirable neighborhood not too far from Intel, Nike, and shopping amenities. Additional back unit with separate access with separate shower, W/D hookup. Shop in the backyard and low maintenance yard, no HOA. Permitted Studio can be Modern in-law quarters, 220V shop in back, possible work from home office or Mother-in-law quaarter or guest unit or Airbnb for extra income.

Last Agent to Sell the Property

Manny Obi

Kelly Right Real Estate of Portland, LLC License #201231015 Listed on: 07/20/2023

Kelly Right Real Estate of Portland, LLC

Last Buyer's Agent

Tami Parks

All Professionals Real Estate License #201010045

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,536

Year Built

  • Built in 1985

Lot Details

  • 4,792

Parking

  • 2 Car Attached Garage

Home Design

  • Converted Dwelling
  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,312 Sq Ft Home
  • 2-Story Property

Schools

  • Indian Hills Elementary School
  • Brown Middle School
  • Century High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Rent includes electricity, sewer, water
  • Assessor Parcel Number R1290338

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,600
  • Gross Income $38,400
  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,536

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1985
  • Property Condition: Converted
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Indian Hills
  • High School: Century
  • Middle Or Junior School: Brown

Lot Info

  • Zoning: R9
  • Parcel #: R1290338

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3535.9

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.78
  • Annual Gross Income: 38400.0
  • Property Net Operating Income: 38400.0
  • Annual Operating Expense: 3600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2024
Sold by
Moreno Ivy Rose and Rexford Brenden F
Bought by
Moreno Ivy Rose
Current Estimated Value
$587,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,500
Outstanding Balance
$530,030
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$57,921

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 21, 2023
Sold by
Obi Manasseh
Bought by
Moreno Ivy Rose and Rexford Brenden F
Seller's Agent
Manny Obi
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Tami Parks
All Professionals Real Estate
List Price
$529,000
Sold Price
$540,000
Premium/Discount to List
$11,000
2.08%
Views
208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$513,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2021
Closed on
Nov 18, 2021
Sold by
Sterett Philip R and Estate Of Deloris M Adler
Bought by
Obi Manasseh
Seller's Agent
Randy Schumock
John L. Scott
Buyer's Agent
Manny Obi
Kelly Right Real Estate of Portland, LLC
List Price
$375,000
Sold Price
$440,000
Premium/Discount to List
$65,000
17.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$395,216
Interest Rate
2.99%
Mortgage Type
Credit Line Revolving
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
Moreno Ivy Rose -- First American Title
Moreno Ivy Rose $540,000 Lawyers Title
Obi Manasseh $440,000 Fidelity Natl Ttl Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Ivy Rose $536,500
Previous Owner Moreno Ivy Rose $513,000
Previous Owner Obi Manasseh $395,216
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2023 08/22/23 Sold $540,000 +2.1% $234 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $529,000 +20.2% $229 / Sq Ft
11/19/2021 11/19/21 Sold $440,000 +17.3% $204 / Sq Ft View Prior Sale
11/02/2021 11/02/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $375,000 -- $173 / 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
2025 $3,958 $264,070 -- --
2024 $3,843 $256,380 -- --
2023 $3,843 $237,610 $0 $0
2022 $3,536 $237,610 $0 $0
2021 $3,469 $223,980 $0 $0
2020 $3,396 $217,460 $0 $0
2019 $3,293 $211,130 $0 $0
2018 $3,150 $204,990 $0 $0
2017 $3,032 $199,020 $0 $0
2016 $2,954 $193,230 $0 $0
2015 $2,846 $187,610 $0 $0
2014 $2,795 $182,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Manny Obi

    Kelly Right Real Estate of Portland, LLC

    (503) 449-8334

    8 in this area

    51 Total Sales

    Manny Obi
    Section Image
  • Tami Parks

    Buyer's Agent in 2023

    Tami Parks

    All Professionals Real Estate

    (503) 317-4220

    18 in this area

    74 Total Sales

    Tami Parks
    Section Image
  • Randy Schumock

    Seller's Agent in 2021

    Randy Schumock

    John L. Scott

    (503) 781-9409

    1 in this area

    45 Total Sales

    Randy Schumock
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23352162

Regional Multiple Listing Service (RMLS)

APN: R1290338

Oregon Washington County Beaverton 97006

2455 SW 218th Dr, Beaverton, OR

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