NOT LISTED FOR SALE

2858 SE Malcolm St Milwaukie, OR 97222

Ardenwald Neighborhood

Estimated Value: $707,000 - $807,390

6 Beds
5 Baths
4,475 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $511,500 $114 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,642/month

3 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Wood Siding
  • 4 Car Attached Garage

About This Home

As of October 2018

Outstanding location w/walking distance to mass trans. Duplex property w/a potential for a 3rd non conforming unit or inlaw appt in the unpermitted basement remodel with existing third kitchen, bath, bedroom + bonus. Tenants pay all utilities except water/sewer. 2 separate 2 car garages. Lot is zoned R7 and does not allow for a triplex legally. Separate decks and yards.

Last Agent to Sell the Property

Jeffrey Capen

Windermere Realty Trust License #200308199 Listed on: 09/10/2018

Windermere Realty Trust

Co-Listed By

John McClain

Windermere Realty Trust License #201218259

Last Buyer's Agent

Dan Walters

Keller Williams Realty Portland Elite License #200302144

Keller Williams Realty Portland Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,827

Year Built

  • Built in 1971

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,475 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Exterior Basement Entry

Schools

  • Ardenwald Elementary School
  • Milwaukie High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 00008244

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $8,184
  • Gross Income $18,000
  • Net Operating Income $9,816

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,827

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1971
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, Finished
  • Storage: Basement,Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

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

Schools

  • Elementary School: Ardenwald
  • High School: Milwaukie

Lot Info

  • Zoning: R7
  • Parcel #: 00008244

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 4827.4

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 27.77
  • Annual Gross Income: 18000.0
  • Property Net Operating Income: 9816.0
  • Annual Operating Expense: 8184.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 11, 2018
Sold by
Walter Robert and Poole Crystal
Bought by
Murphy Jennifer L
Seller's Agent
Jeffrey Capen
Windermere Realty Trust
Buyer's Agent
Dan Walters
Keller Williams Realty Portland Elite
List Price
$424,900
Sold Price
$511,500
Premium/Discount to List
$86,600
20.38%
Current Estimated Value
$752,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,348
Avg. Annual Appreciation
5.77%
Original Mortgage
$332,150
Outstanding Balance
$208,058
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$544,790

Purchase Details

Closed on
Jun 1, 2005
Sold by
Saban John S
Bought by
Walter Robert and Poole Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.74%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Murphy Jennifer L $511,500 Fidelity National Title
Walter Robert $300,000 Transnation Title Agency Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Jennifer L $332,150
Previous Owner Walter Robert $288,000
Previous Owner Walter Robert $312,000
Previous Owner Walter Robert $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $511,500 +20.4% $114 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $424,900 -- $95 / 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 $6,570 $300,183 -- --
2023 $6,570 $291,440 $0 $0
2022 $6,068 $282,952 $0 $0
2021 $5,855 $274,711 $0 $0
2020 $5,673 $266,710 $0 $0
2019 $5,588 $258,942 $0 $0
2018 $4,969 $251,400 $0 $0
2017 $4,827 $244,078 $0 $0
2016 $4,666 $236,969 $0 $0
2015 $4,442 $230,067 $0 $0
2014 $4,213 $223,366 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Capen

    Seller's Agent in 2018

    Jeffrey Capen

    Windermere Realty Trust

    (503) 888-5191

    301 Total Sales

    Jeffrey Capen
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    John McClain

    Windermere Realty Trust

    (360) 931-0160

    170 Total Sales

    John McClain
    Section Image
  • Dan Walters

    Buyer's Agent in 2018

    Dan Walters

    Keller Williams Realty Portland Elite

    (503) 381-5161

    80 Total Sales

    Dan Walters
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18556483

Regional Multiple Listing Service (RMLS)

APN: 00008244

Oregon Clackamas County Milwaukie 97222 Ardenwald

2858 SE Malcolm St, Milwaukie, OR

This home is located at 2858 SE Malcolm St, Milwaukie, OR 97222 since 10 September 2018 and is currently estimated at $752,848, approximately $168 per square foot. This property was built in 1971. 2858 SE Malcolm St is a home located in Clackamas County with nearby schools including Ardenwald Elementary School, Rowe Middle School, and Milwaukie 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes