NOT LISTED FOR SALE

2720 SW 123rd Ave Beaverton, OR 97005

Estimated Value: $530,000 - $576,000

4 Beds
2 Baths
1,560 Sq Ft
$351/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $430,000 $276 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,315/month

147 Days on Market

Highlights

  • Storage
  • Wood Siding
  • 4-minute walk to Cedar Hills Park
  • Cedar Park Middle School Rated A-

About This Home

As of September 2018

Great location with projected CAP of 6.17%. DO NOT disturb tenants. 1 unit upgraded with Granite countertops new carpet/vinyl. Hardwood floors in bdrms. 2011 New roof, new vinyl windows & 1 new furnace. Based on current Rents($27,300) with 1 very low rent CAP rate is over 6%. Buyer to verify all school & other info. Write offers subject to interior inspection. Owner Agent is licensed RE broker in Oregon.

Last Agent to Sell the Property

John Davis

Vista Real Estate, LLC License #201002136 Listed on: 03/07/2018

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,062

Year Built

  • Built in 1950

Lot Details

  • 8,712

Parking

  • Carport

Home Design

  • Wood Siding

Interior Spaces

  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,062

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1560
  • Year Built: 1950
  • Property Condition: Unknown
  • Remarks Public: Great location with projected CAP of 6.17%. DO NOT disturb tenants. 1 unit upgraded with Granite countertops new carpet/vinyl. Hardwood floors in bdrms. 2011 New roof, new vinyl windows & 1 new furnace. Based on current Rents($27,300) with 1 very low rent CAP rate is over 6%. Buyer to verify all school & other info. Write offers subject to interior inspection. Owner Agent is licensed RE broker in Oregon.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Lot 25, Block 8 Cedar Hills, in the County of Washington
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Carport

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Microwave, Refrigerator, Storage, Washer/Dryer Hookup

Schools

  • Elementary School: William Walker
  • Middle School: Whitford
  • High School: Beaverton

Lot Info

  • Zoning: duplex

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2978.32
  • Assessor Parcel Number: R0060631

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.45

MLS Schools

  • Elementary School: William Walker
  • High School: Beaverton
  • Middle School: Whitford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
Sep 19, 2018
Sold by
Stathis Station Llc
Bought by
Lgh Llc
Seller's Agent
John Davis
Vista Real Estate, LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%
Current Estimated Value
$547,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,241
Avg. Annual Appreciation
3.14%
Original Mortgage
$235,706
Outstanding Balance
$94,763
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$438,448

Purchase Details

Closed on
Nov 3, 2009
Sold by
Davis John C
Bought by
Stathis Station Llc

Purchase Details

Closed on
Jul 8, 1997
Sold by
Vandeventer Frank J
Bought by
Davis John Constantine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,300
Interest Rate
7.93%

Purchase Details

Closed on
Jun 29, 1995
Sold by
Davis Archibald T and Davis Dorothy J
Bought by
Vandeventer Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.62%
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
Lgh Llc $430,000 First American Title
Stathis Station Llc -- None Available
Davis John Constantine $149,000 Fidelity National Title Co
Vandeventer Frank J $125,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lgh Llc $235,706
Previous Owner Davis John Constantine $104,300
Previous Owner Vandeventer Frank J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2018 09/20/18 Sold $430,000 -4.2% $276 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $449,000 -- $288 / 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 $4,062 $224,290 -- --
2024 $3,814 $217,760 -- --
2023 $3,814 $211,420 $0 $0
2022 $3,691 $211,420 $0 $0
2021 $3,558 $199,300 $0 $0
2020 $3,451 $193,500 $0 $0
2019 $3,338 $187,870 $0 $0
2018 $3,089 $174,520 $0 $0
2017 $2,978 $169,440 $0 $0
2016 $2,872 $164,510 $0 $0
2015 $2,761 $159,720 $0 $0
2014 $2,706 $155,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John Davis

    Vista Real Estate, LLC

    (503) 292-3999

    12 Total Sales

    John Davis
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18274266

Regional Multiple Listing Service (RMLS)

APN: R0060631

Oregon Washington County Beaverton 97005

2720 SW 123rd Ave, Beaverton, OR

This home is located at 2720 SW 123rd Ave, Beaverton, OR 97005 since 07 March 2018 and is currently estimated at $547,241, approximately $350 per square foot. This property was built in 1950. 2720 SW 123rd Ave is a home located in Washington County with nearby schools including William Walker Elementary School, Cedar Park Middle School, and Beaverton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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