NOT LISTED FOR SALE

Estimated Value: $525,000 - $844,436

6 Beds
4 Baths
2,832 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $410,000 $145 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,614/month

211 Days on Market

Highlights

  • Storage
  • Level Lot
  • 3-minute walk to Kane Road Park
  • Garage
  • Wood Siding

About This Home

As of November 2016

Property priced for quick sale, all units vacant. Units in need of repair and updating, some more than others. This is a fixer property, being sold as is at list price. Across the street from Mt Hood Community College. Short sale

Last Listed By

Jason Leadley

Coldwell Banker Professional License #200305062 Listed on: 04/06/2016

Coldwell Banker Professional

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,478

Year Built

  • Built in 1977

Lot Details

  • Level Lot

Home Design

  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Storage

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Assigned Parking

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,478

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2832
  • Stories: 2
  • Year Built: 1977
  • Year Built Description: Existing
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: RICHARD & MARY ADD, BLOCK 1, LOT 88
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Assigned, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air - 90%
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Common Amenities: Commons
  • Unit Features: Dishwasher, Range, Refrigerator, Storage, Washer/Dryer Hookup

Schools

  • High School: Gresham

Lot Info

  • Lot Description: On Busline, Corner, Level
  • Zoning: CMF

Tax Info

  • Tax Amount: 7097.98
  • Assessor Parcel Number: R254246

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.52

MLS Schools

  • High School: Gresham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
Nov 10, 2016
Sold by
Meissner Tim D
Bought by
Peb Homes Llc
Seller's Agent
Jason Leadley
Coldwell Banker Professional
Buyer's Agent
Daniel Goss
Century 21 North Homes Realty
List Price
$578,000
Sold Price
$410,000
Premium/Discount to List
-$168,000
-29.07%
Total Days on Market
211
Current Estimated Value
$674,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,812
Avg. Annual Appreciation
7.42%
Original Mortgage
$185,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
Meissner Tim D
Bought by
Meissner Tim D and Meissner Caroline

Purchase Details

Closed on
Mar 29, 2006
Sold by
Meissner Caroline
Bought by
Meissner Tim D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 27, 2005
Sold by
Meissner Tim
Bought by
Meissner Tim and Meissner Caroline

Purchase Details

Closed on
Mar 1, 2004
Sold by
Meissner Caroline
Bought by
Meissner Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 7, 2003
Sold by
Meissner Tim
Bought by
Meissner Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2002
Sold by
Meissner Caroline
Bought by
Meissner Caroline and Meissner Tim

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
Peb Homes Llc $410,000 Fidelity Natl Title Of Or
Meissner Tim D -- Ticor Title Insurance Compan
Meissner Tim D -- Ticor Title Insurance Compan
Meissner Tim -- Ticor Title Insurance Compan
Meissner Tim -- Ticor Title Insurance Compan
Meissner Caroline -- Ticor Title Insurance Compan
Meissner Caroline -- Ticor Title
Meissner Caroline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peb Homes Llc $210,000
Closed Peb Homes Llc $185,000
Previous Owner Meissner Tim D $250,000
Previous Owner Meissner Tim D $100,000
Previous Owner Meissner Tim $50,000
Previous Owner Meissner Tim $292,500
Previous Owner Meissner Caroline $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2016 11/14/16 Sold $410,000 -29.1% $145 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $578,000 -- $204 / 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 $10,478 $556,530 $0 $0
2022 $10,185 $540,330 $0 $0
2021 $9,929 $524,600 $0 $0
2020 $9,342 $509,330 $0 $0
2019 $9,097 $494,500 $0 $0
2018 $8,674 $480,100 $0 $0
2017 $8,322 $466,120 $0 $0
2016 $7,338 $452,550 $0 $0
2015 $7,098 $439,370 $0 $0
2014 $6,814 $426,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16496005

Regional Multiple Listing Service (RMLS)

APN: R254246