NOT LISTED FOR SALE

275 S Knott St Canby, OR 97013

Estimated Value: $613,000 - $832,000

6 Beds
3 Baths
-- Sq Ft
0.33 Acres

Last Sold March 22, 2024

Last sale price $817,500

Est. 5% decrease in value since last sale

Current estimated payment $4,791/month

6 Days on Market

Highlights

  • Corner Lot
  • Storage
  • Baseboard Heating
  • No HOA
  • Landscaped
  • 4-minute walk to Locust Street Park

About This Home

As of March 2024

Investment Opportunity. 5 Plex- 3 single level 2 bedroom 1 bath apartments built 1978 includes back yards and storage. Duplex - 2 story, 3 bedrooms 1.5 baths built 2007. All units have washer and dryers, refrigerators, FS stoves, dishwashers, garbage disposals & microwaves. Very well maintained units. Upside in rents, all units due for rent increases. New fencing, upgraded siding on tri plex. Siding on both buildings is Fiber Cement installed 2007.2 parking spaces per unit. Owner pays Water/Sewer & garbage. Possible owner carry with approximately 50% down 6% Interest. Write offers subject to interior inspection.

Last Agent to Sell the Property

Elizabeth Carpenter

LizC Real Estate Investments License #200606202 Listed on: 02/03/2024

Last Buyer's Agent

Chris Mackovjak

Realty Portland License #201217557

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,110

Year Built

  • Built in 1978

Lot Details

  • 0.33 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage
  • Crawl Space

Parking

  • 10 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Schools

  • Lee Elementary School
  • Baker Prairie Middle School
  • Canby High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 00796918

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $16,673
  • Gross Income $54,000
  • Net Operating Income $37,327

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,110

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1978
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet, Paved
  • Attached Garage: No
  • Total Parking Spaces: 10.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: AllLandscaping
  • Association: No

Schools

  • Elementary School: Lee
  • High School: Canby
  • Middle Or Junior School: Baker Prairie

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14374.0
  • Parcel #: 00796918

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 8109.65
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 15.74
  • Annual Gross Income: 54000.0
  • Property Net Operating Income: 37327.0
  • Annual Operating Expense: 16673.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Mar 20, 2024
Sold by
Leslie And Joyce Turner Revocable Trust
Bought by
Leslie And Joyce Turner Revocable Trust and Turner
Seller's Agent
Elizabeth Carpenter
LizC Real Estate Investments
Buyer's Agent
Chris Mackovjak
Realty Portland
List Price
$850,000
Sold Price
$817,500
Premium/Discount to List
-$32,500
-3.82%
Views
16
Current Estimated Value
$776,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,368
Avg. Annual Appreciation
-3.72%
Original Mortgage
$600,000
Outstanding Balance
$440,359
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$331,991

Purchase Details

Listed on
Feb 3, 2024
Closed on
Feb 12, 2024
Sold by
Leslie And Joyce Turner Revocable Trust and Leslie H Turner Bypass Trust
Bought by
Martinax Holdings Llc
Seller's Agent
Elizabeth Carpenter
LizC Real Estate Investments
Buyer's Agent
Chris Mackovjak
Realty Portland
List Price
$850,000
Sold Price
$817,500
Premium/Discount to List
-$32,500
-3.82%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$440,359
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$331,991

Purchase Details

Closed on
Aug 5, 2004
Sold by
Turner Leslie H and Turner Joyce M
Bought by
Turner Leslie H and Turner Joyce M
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
Leslie And Joyce Turner Revocable Trust -- Accommodation/Courtesy Recordi
Martinax Holdings Llc $817,500 First American Title
Turner Leslie H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinax Holdings Llc $600,000
Previous Owner Leslie & Joyce Turner Revocable Living T $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $817,500 -3.8% --
02/10/2024 02/10/24 Pending -- -- --
02/03/2024 02/03/24 For Sale $850,000 -- --
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 $8,305 $468,253 -- --
2023 $8,305 $454,615 $0 $0
2022 $7,639 $441,374 $0 $0
2021 $7,356 $428,519 $0 $0
2020 $7,224 $416,038 $0 $0
2019 $6,880 $403,921 $0 $0
2018 $6,726 $392,156 $0 $0
2017 $6,556 $380,734 $0 $0
2016 $6,337 $369,645 $0 $0
2015 $6,119 $358,879 $0 $0
2014 $5,943 $348,426 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Carpenter

    Seller's Agent in 2024

    Elizabeth Carpenter

    LizC Real Estate Investments

    (503) 314-6498

    1 in this area

    10 Total Sales

    Elizabeth Carpenter
    Section Image
  • Chris Mackovjak

    Buyer's Agent in 2024

    Chris Mackovjak

    Realty Portland

    (503) 858-4089

    1 in this area

    73 Total Sales

    Chris Mackovjak
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24553794

Regional Multiple Listing Service (RMLS)

APN: 00796918

Oregon Clackamas County Canby 97013

275 S Knott St, Canby, OR

This home is located at 275 S Knott St, Canby, OR 97013 since 03 February 2024 and is currently estimated at $776,132. This property was built in 1978. 275 S Knott St is a home located in Clackamas County with nearby schools including Philander Lee Elementary School, Baker Prairie Middle School, and Canby High School.

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