Listed by COMPASS, Bought with KW Realty Portland Central
$690,000
SOLD MAY 23, 2025
5 Beds
2 Baths
2,180 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$317 Per Sq Ft

1% Below List Price

Highlights

  • RV Access or Parking
  • Deck
  • Thermal Windows
  • River View
  • No HOA
  • Patio

About This Home

As of May 2025

Expertly transformed into a high-performance investment property, 3113 Oakes has been fully renovated, including new plumbing, electrical systems, windows, insulation, cabinets, flooring, appliances and more. All of the work has been done for you, and low maintenance, rental-friendly, finishes mean you can rent from the day you close. Main floor unit is 2 bed/1 bath with territorial and mountain view deck, upstairs is 3 bed/1 bath with views. Six off-street parking spaces and two spacious storage units are bonuses for tenants or potential additional income. Long-term rental estimates approx. $60k/yr and short-term rental estimated at $84k for both units. Future development opportunities with Mixed Urban zoning, allowing up to 25 stories.

Last Agent to Sell the Property

Caitlin Sullivan

COMPASS License #24025545 Listed on: 11/19/2024

COMPASS

Last Buyer's Agent

Brandon King

KW Realty Portland Central License #111384

KW Realty Portland Central

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2311919

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,930

Year Built

  • Built in 1901

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x119
  • Partially Fenced Property

Property Views

  • River
  • Mountain
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,180 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Jackson Elementary School
  • North Mid Middle School
  • Everett High School

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00439074000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,930

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1901
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2180
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, Office, Residential, See Remarks
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s), River, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 160

Schools

  • Junior High Dist: Everett
  • High School: Everett High
  • Middle Or Junior School: North Mid

Lot Info

  • Parcel Number: 00439074000100
  • Lot Size Acres: 0.07
  • Lot Size: 25x119
  • Lot Size Sq Ft: 3049
  • Zoning Description: Commercial,Multi-Family,Office,Residential,See Remarks
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.09
  • LeasedItems: None
  • TotalMonthlyIncome: 5100

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4930

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 3416
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Jackson Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
May 14, 2025
Sold by
Wallach Rachel and Wallach Michael
Bought by
Two By Four Associates Llc
Seller's Agent
Caitlin Sullivan
COMPASS
Buyer's Agent
Brandon King
KW Realty Portland Central
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%
Views
49
Current Estimated Value
$680,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,567
Avg. Annual Appreciation
-3.09%
Original Mortgage
$552,000
Outstanding Balance
$550,034
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$126,456

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 24, 2022
Sold by
Saban Matthew J and Saban Theresa M
Bought by
Wallach Rachel and Wallach Michael
Seller's Agent
Nate Saban
Windermere Real Estate/M2, LLC
Buyer's Agent
Caitlin Sullivan
COMPASS
List Price
$699,000
Sold Price
$638,000
Premium/Discount to List
-$61,000
-8.73%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$478,500
Interest Rate
5.22%
Mortgage Type
New Conventional
Source: Public Records
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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
Warranty Deed $690,000 Chicago Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $552,000 Construction
Previous Owner $478,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2025 05/23/25 Sold $690,000 0.0% $317 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
02/27/2025 02/27/25 Off Market $690,000 -- --
02/05/2025 02/05/25 Pending -- -- --
11/19/2024 11/19/24 For Sale $699,000 +9.6% $321 / Sq Ft
09/09/2022 09/09/22 Sold $638,000 -1.7% $375 / Sq Ft View Prior Sale
07/30/2022 07/30/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $649,000 -7.2% $382 / Sq Ft
07/06/2022 07/06/22 For Sale $699,000 +105.6% $411 / Sq Ft
05/28/2021 05/28/21 Sold $340,000 -6.8% $200 / Sq Ft View Prior Sale
05/11/2021 05/11/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $365,000 -- $215 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2025 $4,930 $574,100 $262,000 $312,100
2024 $4,930 $574,100 $262,000 $312,100
2023 $3,995 $486,500 $240,000 $246,500
2022 $1,947 $212,700 $185,000 $27,700
2020 $344 $177,200 $152,000 $25,200
2019 $360 $171,000 $147,000 $24,000
2018 $369 $230,000 $103,700 $126,300
2017 $408 $202,000 $94,300 $107,700
2016 $2,115 $182,000 $88,900 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2311919

Northwest Multiple Listing Service (NWMLS)

APN: 004390-740-001-00