NOT LISTED FOR SALE

2512 SE Maple St Milwaukie, OR 97267

Estimated Value: $448,000 - $534,000

3 Beds
2 Baths
2,073 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 21, 2014

Last sale price $224,900 $108 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,897/month

2 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Wood Siding
  • Fireplace
  • Level Lot

About This Home

As of April 2014

Excellent income property. Two rental homes on one lot. Square footage includes both house and cottage. Both units have fenced yards, separate gas & electric meters. Home has 2 bdrs & potential in finished attic. Refinished hardwood floors, fireplace in Liv Rm, forced air gas heat, newer vinyl windows, 4 year old roof, freshly painted. 32' X 6' covered patio. Cottage is 1 bedroom, includes F/S gas stove & refrig. Pre rents $1200 & $680.

Last Agent to Sell the Property

Terry Reede

Reede Realty License #820100110 Listed on: 03/05/2014

Last Buyer's Agent

Jaime Arb Haessig

Think Real Estate License #200603221

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,251

Year Built

  • Built in 1948

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Wood Flooring
  • Storage In Attic
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,251

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2073
  • Stories: 2
  • Year Built: 1948
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: 293 OAK GROVE PARK LTS 10 & 11 BLK 10
  • Storage: Attic

Exterior Features

  • Exterior Description: Stucco, Wood Siding
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Parking Description: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Hardwood Floors, Range, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Lot Description: Level
  • Zoning: SF

Tax Info

  • Tax Amount: 2522.56
  • Assessor Parcel Number: 00282599

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Oak Grove
  • High School: Putnam
  • Middle School: Alder Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
Apr 17, 2014
Sold by
Phelps Keith B and Phelps Carol C
Bought by
Bower Brian and Bower Laura
Seller's Agent
Terry Reede
Reede Realty
Buyer's Agent
Jaime Arb Haessig
Think Real Estate
List Price
$224,900
Sold Price
$224,900
Current Estimated Value
$485,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,042
Avg. Annual Appreciation
6.91%
Original Mortgage
$179,900
Outstanding Balance
$135,786
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$350,156

Purchase Details

Closed on
Apr 21, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Phelps Keith B and Phelps Carol C

Purchase Details

Closed on
Dec 28, 2009
Sold by
Weatherford Anita
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 20, 2007
Sold by
Lyda Alice K and Weatherford Alice
Bought by
Weatherford Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2006
Sold by
Weatherford Anita
Bought by
Weatherford Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 23, 2002
Sold by
Lohse Brandon and Lohse Sara
Bought by
Weatherford Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.75%

Purchase Details

Closed on
May 22, 2002
Sold by
Weatherford Anita
Bought by
Weatherford Anita and Weatherford Alice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 3, 2001
Sold by
King Maxine L
Bought by
Lohse Brandon and Lohse Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
7.19%
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
Bower Brian $224,900 First American
Phelps Keith B $154,000 Stewart Title
Federal Home Loan Mortgage Corp $180,000 Fatco
Weatherford Anita $240,000 Fidelity Natl Title Co Of Or
Weatherford Alice -- Accommodation
Weatherford Anita $140,000 First American
Weatherford Anita -- First American
Lohse Brandon $135,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bower Brian $179,900
Previous Owner Weatherford Anita $192,000
Previous Owner Weatherford Alice $111,000
Previous Owner Weatherford Anita $112,000
Previous Owner Lohse Brandon $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2014 04/21/14 Sold $224,900 0.0% $108 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $224,900 -- $108 / 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 $4,251 $222,970 -- --
2024 $4,101 $216,476 -- --
2023 $4,101 $210,171 $0 $0
2022 $3,772 $204,050 $0 $0
2021 $3,635 $198,107 $0 $0
2020 $3,521 $192,337 $0 $0
2019 $3,471 $186,735 $0 $0
2018 $3,040 $181,296 $0 $0
2017 $2,943 $176,016 $0 $0
2016 $2,839 $170,889 $0 $0
2015 $2,759 $165,912 $0 $0
2014 $2,604 $161,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14513611

Regional Multiple Listing Service (RMLS)

APN: 00282599