NOT LISTED FOR SALE

3003 SW Vermont St Unit 3005 Portland, OR 97219

Hayhurst Neighborhood

Estimated Value: $732,000 - $888,000

7 Beds
3 Baths
3,519 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $780,000 $222 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,068/month

5 Days on Market

Highlights

  • Territorial View
  • Zoned Heating
  • High Speed Internet
  • Corner Lot
  • Garage

About This Home

As of March 2022

Updated duplex in fabulous SW location. Situated between Hillsdale & Multnomah Village with easy transit access. Large units, both with updated kitchens, fresh interior paint and clean. Roomy floor plans! Ready to be rented as both sides are vacant. Or live in one side and rent out the other. Dedicated single car garages and driveway. Fridge, washer & dryer on both sides are included. Turn-key ready!

Last Agent to Sell the Property

Scott Paskill

John L. Scott License #961000216 Listed on: 01/28/2022

John L. Scott

Co-Listed By

Jennifer Walsh

MORE Realty License #981100017

Last Buyer's Agent

Mary Doust

Kaer Property Group License #201240197

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,407

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • Corner Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,519 Sq Ft Home
  • 2-Story Property
  • Territorial Views
  • Finished Basement

Schools

  • Hayhurst Elementary School
  • Robert Gray Middle School
  • Ida B Wells High School

Utilities

  • No Cooling
  • Zoned Heating
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R170113

Community Details

Overview

  • 2 Units
  • Hayhurst/Vermont Hills Subdivision
  • Property managed by RMLS lkbx on left unit

Building Details

  • Operating Expense $11,216
  • Gross Income $33,175
  • Net Operating Income $21,958

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,407

Year Built

Built in 1979 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1979
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Storage: Basement,Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter, Slab
  • View: Yes
  • Lot Features: CornerLot
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: RMLS lkbx on left unit
  • Neighborhood Features: Gabriel Park Community center @ SW 45th

Schools

  • Elementary School: Hayhurst
  • High School: Ida B Wells
  • Middle Or Junior School: Robert Gray

Lot Info

  • Zoning: R2
  • Parcel #: R170113

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 7406.57

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 22.61
  • Annual Gross Income: 33175.0
  • Property Net Operating Income: 21958.0
  • Annual Operating Expense: 11216.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Feb 22, 2022
Sold by
Hanson Living Trust and Hanson Mark N
Bought by
Mendoza Ian and Mendoza Janice Carlos
Seller's Agent
Scott Paskill
John L. Scott
Buyer's Agent
Mary Doust
Kaer Property Group
List Price
$750,000
Sold Price
$780,000
Premium/Discount to List
$30,000
4%
Current Estimated Value
$796,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,839
Avg. Annual Appreciation
1.50%
Original Mortgage
$663,000
Outstanding Balance
$618,973
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$201,828

Purchase Details

Closed on
May 30, 2008
Sold by
Hanson Mark N
Bought by
Hanson Mark N and Hanson Karen S

Purchase Details

Closed on
Sep 19, 2002
Sold by
Hanson Mark N
Bought by
Hanson Mark N and Hanson Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2000
Sold by
Raber Barry
Bought by
Hanson Mark N and Hanson Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage
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
Mendoza Ian $780,000 Fidelity National Title
Hanson Mark N -- None Available
Hanson Mark N -- Ticor Title
Hanson Mark N $207,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Ian $663,000
Previous Owner Hanson Mark N $182,000
Previous Owner Hanson Mark N $195,000
Previous Owner Hanson Mark N $166,000
Closed Hanson Mark N $20,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $780,000 +4.0% $222 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $750,000 -- $213 / 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 $8,717 $316,600 $0 $0
2022 $7,767 $291,150 $0 $0
2021 $7,636 $282,670 $0 $0
2020 $7,004 $274,440 $0 $0
2019 $6,747 $266,450 $0 $0
2018 $6,548 $258,690 $0 $0
2017 $6,276 $251,160 $0 $0
2016 $5,743 $243,850 $0 $0
2015 $5,593 $236,750 $0 $0
2014 $5,508 $229,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22162687

Regional Multiple Listing Service (RMLS)

APN: R170113