NOT LISTED FOR SALE

Estimated Value: $710,000 - $893,000

5 Beds
3 Baths
2,379 Sq Ft
$325/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $735,000 $309 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,963/month

52 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Garage
  • Abernethy Elementary School Rated 10
  • Fireplace
  • 1-minute walk to Piccolo Park

About This Home

As of December 2021

In prime location & super nice condition. Owner purchased w/non-conforming 3rd unit & has used that unit for a 2nd home. 2 units are vacant. The other 2 bed 1 bath unit updated this past year after tenant moved out & remained vacant. This property features 2 garages, 2 additional parking spaces, lots of storage. Corner lot near excellent restaurants & shopping. Lease was just signed on one unit. New Roof at a cost of $22k! and all current tenants are/ will be vacated by 1/1/2022.

Last Agent to Sell the Property

Scott Besaw

Stellar Realty Northwest License #200404394 Listed on: 10/08/2021

Last Buyer's Agent

Brian Migliaccio

Premiere Property Group, LLC License #201215488

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,007

Year Built

  • Built in 1979

Lot Details

  • 5,009

Parking

  • Garage

Home Design

  • Wood Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • Fireplace
  • Finished Basement
  • Partial Basement
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Additional Features

  • Deck
  • Corner Lot
  • Electric Water Heater

Community Details

  • 3 Units
  • Property managed by CO-list Pete Bailey

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,007

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1979
  • Property Condition: Existing
  • Remarks Public: In prime location & super nice condition. Owner purchased w/non-conforming 3rd unit & has used that unit for a 2nd home. 2 units are vacant. The other 2 bed 1 bath unit updated this past year after tenant moved out & remained vacant. This property features 2 garages, 2 additional parking spaces, lots of storage. Corner lot near excellent restaurants & shopping. Lease was just signed on one unit. New Roof at a cost of $22k! and all current tenants are/ will be vacated by 1/1/2022.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: EAST PORTLAND HTS, BLOCK 19, LOT 1
  • Basement: Finished, Partial Basement
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: None

Condo/Co-op/Association

  • Management Name: CO-list Pete Bailey
  • Management Phone: 428-218-3542
  • Unit Features: Deck, Dishwasher, Disposal, Fireplace, Microwave, Washer/Dryer

Schools

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

Lot Info

  • Lot Description: Corner Lot
  • Zoning: R2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6793.25
  • Assessor Parcel Number: R150945
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 33.10

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 8, 2021
Sold by
Knudsen Nancy
Bought by
Arn Dustin J
Seller's Agent
Scott Besaw
Stellar Realty Northwest
Buyer's Agent
Brian Migliaccio
Premiere Property Group, LLC
List Price
$699,900
Sold Price
$735,000
Premium/Discount to List
$35,100
5.02%
Total Days on Market
52
Current Estimated Value
$774,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,040
Avg. Annual Appreciation
1.28%
Original Mortgage
$661,500
Outstanding Balance
$613,604
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$155,120

Purchase Details

Closed on
Nov 13, 2009
Sold by
Golden Donald E
Bought by
Knudsen William R and Knudsen Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2007
Sold by
Burnett Jon D
Bought by
Golden Donald E and Casterline Edith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,750
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
Burnett Jon D
Bought by
Burnett Jon D and Burnett Christina M

Purchase Details

Closed on
May 12, 1999
Sold by
Galbasini Delores C
Bought by
Burnett Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
9.5%
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
Arn Dustin J $735,000 Wfg Title
Knudsen William R $440,000 Pacific Nw Title Of Or Inc
Golden Donald E $353,000 Security Title
Burnett Jon D -- Lawyers Title Ins
Burnett Jon $180,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arn Dustin J $79,300
Open Arn Dustin J $661,500
Previous Owner Knudsen William R $308,000
Previous Owner Golden Donald E $264,750
Previous Owner Burnett Jon D $75,000
Previous Owner Burnett Jon D $219,000
Previous Owner Burnett Jon $84,000
Closed Burnett Jon $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $735,000 0.0% $309 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
10/25/2021 10/25/21 Off Market $735,000 -- --
10/18/2021 10/18/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $699,900 -- $294 / 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 $8,007 $290,550 $0 $0
2022 $7,532 $282,090 $0 $0
2021 $7,405 $273,880 $0 $0
2020 $6,793 $265,910 $0 $0
2019 $6,543 $258,170 $0 $0
2018 $6,351 $250,660 $0 $0
2017 $6,087 $243,360 $0 $0
2016 $5,571 $236,280 $0 $0
2015 $5,425 $229,400 $0 $0
2014 $5,343 $222,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21104177

Regional Multiple Listing Service (RMLS)

APN: R150945