NOT LISTED FOR SALE

Estimated Value: $609,210 - $714,000

4 Beds
2 Baths
1,560 Sq Ft
$429/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $500,000 $321 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,121/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • Paneling
  • Property is near a bus stop
  • Abernethy Elementary School Rated 10
  • Landscaped with Trees
  • 1-minute walk to Piccolo Park

About This Home

As of October 2017

A classic Southeast Portland single level side by side duplex can be found in the high demand Clinton/Hasford-Abernethy neighborhood, a close-knit community with a solid mix of down-home and up-scale amenities.Located on a tree lined street across from a neighborhood park it is just a convenient stroll to popular restaurants, theaters, food trucks, night spots, shopping and other great neighborhood amenities.

Last Agent to Sell the Property

Matthew Claeys

Keller Williams Sunset Corridor License #201111092 Listed on: 08/29/2017

Keller Williams Sunset Corridor

Co-Listed By

Fred Keeler

Keller Williams Sunset Corridor License #201221386

Last Buyer's Agent

Nathan Lindquist

Real Broker License #201210641

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,604

Year Built

  • Built in 1976

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • 2 Car Garage
  • Carport

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Crawl Space

Location

  • Property is near a bus stop

Schools

  • Abernethy Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R150724

Community Details

Overview

  • 2 Units
  • Clinton Subdivision

Building Details

  • Operating Expense $8,500
  • Gross Income $28,800
  • Net Operating Income $20,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,604

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1976
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,Panel
  • Lot Size: 5,000 to 6,999 SqFt
  • View: Yes
  • Lot Features: Level, OnBusline, Sloped, Trees
  • Disclosures: Disclosure
  • Roof: Composition
  • View: ParkGreenbelt,TreesWoods

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Abernethy
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R2.5
  • Parcel #: R150724

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 4604.44

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.34
  • Annual Gross Income: 28800.0
  • Property Net Operating Income: 20300.0
  • Annual Operating Expense: 8500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Sep 29, 2017
Sold by
Eckerson Annette
Bought by
Rusth Miles D
Seller's Agent
Matthew Claeys
Keller Williams Sunset Corridor
Buyer's Agent
Nathan Lindquist
Real Broker
List Price
$499,500
Sold Price
$500,000
Premium/Discount to List
$500
0.1%
Current Estimated Value
$668,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,553
Avg. Annual Appreciation
3.69%
Original Mortgage
$350,000
Outstanding Balance
$292,896
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$375,657

Purchase Details

Closed on
Oct 17, 2015
Sold by
Eckerson Steve
Bought by
Eckers Annette

Purchase Details

Closed on
Sep 25, 2008
Sold by
Tiffany & Oshea Llc
Bought by
Eckerson Steven
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
Rusth Miles D $500,000 Chicago Title Company Of Or
Eckers Annette -- None Available
Eckerson Steven -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rusth Miles D $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $500,000 +0.1% $321 / Sq Ft
09/03/2017 09/03/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $499,500 -- $320 / 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
2024 $6,913 $258,370 -- --
2023 $6,647 $250,850 $0 $0
2022 $6,503 $243,550 $0 $0
2021 $6,393 $236,460 $0 $0
2020 $5,865 $229,580 $0 $0
2019 $5,650 $222,900 $0 $0
2018 $5,483 $216,416 $0 $0
2017 $5,031 $201,140 $0 $0
2016 $4,604 $195,290 $0 $0
2015 $4,484 $189,610 $0 $0
2014 $4,416 $184,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17647665

Regional Multiple Listing Service (RMLS)

APN: R150724