NOT LISTED FOR SALE

Estimated Value: $554,000 - $773,000

6 Beds
8 Baths
2,696 Sq Ft
$239/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $600,000 $223 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,326/month

32 Days on Market

About This Home

As of April 2024

Great investment opportunity, one unit will be rented on the 25th of February. Live in one unit and rent the other or rent both. New floors, new interior paint and new kitchen counter tops. Close to a lot of shopping centers, Clackamas Town Center Mall, public transportation. 2 Units are identical, tenant occupied 24 hour notice for showing * Rent for two units may not be the same

Last Agent to Sell the Property

Amit Amshalom

RE/MAX Equity Group License #201247964 Listed on: 02/06/2024

RE/MAX Equity Group

Last Buyer's Agent

Scott Kaul

eXp Realty, LLC License #201233299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,090

Year Built

  • Built in 2004

Lot Details

  • 0.31 Acre Lot

Parking

  • 2 Car Attached Garage
  • Carport

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,696 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Kelly Elementary School
  • Lane Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R498624

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $9,091
  • Gross Income $44,400
  • Net Operating Income $35,310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,090

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2004
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Description: Attached, Carport
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Kelly
  • High School: Franklin
  • Middle Or Junior School: Lane

Lot Info

  • Zoning: R2A
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503.0
  • Parcel #: R498624

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 9090.1

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.19
  • Annual Gross Income: 44400.0
  • Property Net Operating Income: 35310.0
  • Annual Operating Expense: 9091.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Apr 22, 2024
Sold by
Zhang Jenny
Bought by
Rashidahmed Juwairiyah K and Anwar Fahim
Seller's Agent
Amit Amshalom
RE/MAX Equity Group
Buyer's Agent
Scott Kaul
eXp Realty, LLC
List Price
$630,000
Sold Price
$600,000
Premium/Discount to List
-$30,000
-4.76%
Views
17
Current Estimated Value
$644,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,249
Avg. Annual Appreciation
7.86%
Original Mortgage
$510,000
Outstanding Balance
$505,022
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$154,026

Purchase Details

Listed on
Feb 5, 2015
Closed on
Apr 22, 2015
Sold by
Chan Shuet Ping
Bought by
Zhang Jenny
Seller's Agent
Georgetown Realty Inc
Georgetown Realty Inc.
Buyer's Agent
Melanie Miao Wu
MORE Realty
List Price
$349,950
Sold Price
$343,500
Premium/Discount to List
-$6,450
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Jun 14, 2006
Sold by
Konev Lazar
Bought by
Chan Shuet Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 6, 2004
Sold by
Konev Fenia
Bought by
Konev Lazar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
5.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
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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
Rashidahmed Juwairiyah K $600,000 First American Title
Zhang Jenny $345,000 First American
Chan Shuet Ping $345,000 First American Title Insuran
Konev Lazar -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rashidahmed Juwairiyah K $510,000
Previous Owner Chan Shuet Ping $242,000
Previous Owner Konev Lazar $226,400
Previous Owner Konev Lazar $28,300
Previous Owner Konev Lazar $185,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $600,000 -4.8% $223 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $630,000 +83.4% $234 / Sq Ft
05/01/2015 05/01/15 Sold $343,500 -1.8% $127 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $349,950 -- $130 / 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 $9,090 $343,040 $0 $0
2022 $8,893 $333,050 $0 $0
2021 $8,743 $323,350 $0 $0
2020 $8,020 $313,940 $0 $0
2019 $7,725 $304,800 $0 $0
2018 $7,498 $295,930 $0 $0
2017 $7,187 $287,320 $0 $0
2016 $6,577 $278,960 $0 $0
2015 $6,014 $270,840 $0 $0
2014 -- $262,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24322612

Regional Multiple Listing Service (RMLS)

APN: R498624