$909,000
SOLD SEP 26, 2018

3020 SW 12th Ave Unit 3024 Portland, OR 97239

Council Crest Neighborhood
-- Bed
-- Bath
2,766 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$329 Per Sq Ft

9% Below List Price

143 Days on Market

Highlights

  • City View
  • Landscaped with Trees
  • Baseboard Heating
  • Ainsworth Elementary School Rated A-

About This Home

As of September 2018

Expansive panoramic views, classic European styling and a highly desirable rental location with a built-in, stable tenant pool from OHSU make this a must see! Separate access to the main unit, lower unit and ADU. Main unit easily converted to 2 bed. R1 zoning for potential future development.

Last Agent to Sell the Property

Benjamin Droukas

Windermere Realty Trust License #200401007 Listed on: 03/28/2018

Windermere Realty Trust

Co-Listed By

Bennet Van der Genugten

Keller Williams PDX Central License #201217502

Last Buyer's Agent

Benjamin Droukas

Windermere Realty Trust License #200401007 Listed on: 03/28/2018

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,276

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • Sloped Lot
  • Landscaped with Trees

Parking

  • 4 Car Garage
  • Carport

Property Views

  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Stucco Exterior

Interior Spaces

  • 2,766 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Natural lighting in basement

Schools

  • Ainsworth Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R247351

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $19,012
  • Gross Income $78,000
  • Net Operating Income $55,868

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,276

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1957
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Finished
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: HardConcreteStucco
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: Sloped, Trees
  • Disclosures: Disclosure
  • Roof: Flat
  • View: City,Mountain

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: R1
  • Parcel #: R247351

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: Yes
  • Tax Year: 2017
  • Tax Annual Amount: 9275.83

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.76
  • Annual Gross Income: 78000.0
  • Property Net Operating Income: 55868.0
  • Annual Operating Expense: 19012.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
3030 Sw 12Th Street Llc
Bought by
Carlson Danielle and Hammer Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$232,815
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$639,425

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 20, 2018
Sold by
Hammer Thomas S
Bought by
3020 Sw 12Th Street Llc
Seller's Agent
Benjamin Droukas
Windermere Realty Trust
Buyer's Agent
Benjamin Droukas
Windermere Realty Trust
List Price
$995,000
Sold Price
$909,000
Premium/Discount to List
-$86,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 18, 2018
Sold by
Tuggle David William and Duisburg Dagmar Luise Von
Bought by
Hammer Thomas
Seller's Agent
Benjamin Droukas
Windermere Realty Trust
Buyer's Agent
Benjamin Droukas
Windermere Realty Trust
List Price
$995,000
Sold Price
$909,000
Premium/Discount to List
-$86,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2012
Sold by
Tuggle David W
Bought by
Tuggle David William and Duisburg Dagmar Luise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Tuggle David William
Bought by
Tuggle David William and Von Duisburg Dagmar Luise
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 Type Sale Price Title Company
Bargain Sale Deed -- First American
Bargain Sale Deed -- None Available
Warranty Deed $909,000 Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $115,000 Credit Line Revolving
Previous Owner $289,000 New Conventional
Previous Owner $120,000 Credit Line Revolving
Previous Owner $320,000 Fannie Mae Freddie Mac
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $750,000 -6.1% $269 / Sq Ft
06/12/2025 06/12/25 Price Changed $799,000 -3.2% $287 / Sq Ft
05/16/2025 05/16/25 Price Changed $825,000 -2.9% $296 / Sq Ft
04/24/2025 04/24/25 For Sale $850,000 -6.5% $305 / Sq Ft
09/26/2018 09/26/18 Sold $909,000 0.0% $329 / Sq Ft
09/26/2018 09/26/18 Sold $909,000 -8.6% $329 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/14/2018 08/14/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $995,000 0.0% $360 / Sq Ft
03/24/2018 03/24/18 For Sale $995,000 -- $360 / 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 $12,202 $443,210 $0 $0
2022 $11,480 $430,310 $0 $0
2021 $11,285 $417,780 $0 $0
2020 $10,352 $405,620 $0 $0
2019 $9,972 $393,810 $0 $0
2018 $9,678 $382,340 $0 $0
2017 $9,276 $371,210 $0 $0
2016 $8,488 $360,400 $0 $0
2015 $7,568 $349,910 $0 $0
2014 $6,869 $339,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18591333

Regional Multiple Listing Service (RMLS)

APN: R247351