NOT LISTED FOR SALE

Estimated Value: $658,000 - $978,000

5 Beds
5 Baths
672 Sq Ft
$1,180/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $799,000 $1,189 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,153/month

39 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Storage
  • Glencoe Elementary School Rated A-
  • Fireplace
  • Asbestos

About This Home

As of August 2017

Investor/Developer Opportunity. Bungalow + newer construction duplex, close in NE Portland. 1924 Bungalow, one bedroom, one bathroom, fireplace, outside entrance basement (361 sq ft) for storage only. Buyers do to due diligence. Duplex built in 2010, each unit has 2 bedrooms, 2 bathrooms. Write offers subj to interior inspection. Seller carried contract available contact listing agent for details.

Last Agent to Sell the Property

Sue Hildreth

RE/MAX Equity Group License #201206037 Listed on: 05/05/2017

RE/MAX Equity Group

Last Buyer's Agent

Jesse Knight

NextHome Willamette License #200303081

NextHome Willamette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,328

Year Built

  • Built in 1924

Lot Details

  • Corner Lot

Home Design

  • Asbestos

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage
  • Wood Flooring
  • Range

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,328

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 2
  • Year Built: 1924
  • Remarks Public: Investor/Developer Opportunity. Bungalow + newer construction duplex, close in NE Portland. 1924 Bungalow, one bedroom, one bathroom, fireplace, outside entrance basement (361 sq ft) for storage only. Buyers do to due diligence. Duplex built in 2010, each unit has 2 bedrooms, 2 bathrooms. Write offers subj to interior inspection. Seller carried contract available contact listing agent for details.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SUNSET PK & ADD 2, BLOCK 9, LOT 1&2
  • Basement: Crawl Space, Partial Basement, Unfinished

Exterior Features

  • Exterior Description: Asbestos, Cement Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Fireplace, Range, Refrigerator, Storage, Washer/Dryer Hookup, Wood Floors

Schools

  • Elementary School: Glencoe
  • High School: Franklin

Lot Info

  • Lot Description: Corner Lot
  • Zoning: R1

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 6749.04
  • Assessor Parcel Number: R281545

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.85

MLS Schools

  • Elementary School: Glencoe
  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Jul 25, 2017
Sold by
Smith Michael R
Bought by
Johnson April B
Seller's Agent
Sue Hildreth
RE/MAX Equity Group
Buyer's Agent
Jesse Knight
NextHome Willamette
List Price
$849,000
Sold Price
$799,000
Premium/Discount to List
-$50,000
-5.89%
Current Estimated Value
$792,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,654
Avg. Annual Appreciation
0.57%

Purchase Details

Closed on
Aug 28, 2006
Sold by
Warberg James J
Bought by
Smith Michael R and Smith Deborah D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
1.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2001
Sold by
Slabaugh Gary D
Bought by
Warberg James L and Maccabee Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,600
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1998
Sold by
Wittren Douglas L
Bought by
Slabaugh Gary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1997
Sold by
Saunders Thomas G
Bought by
Wittren Douglas L and Wittren Tammy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
6.3%
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
Johnson April B $799,000 Wfg Title
Smith Michael R $240,000 Multiple
Warberg James L $119,600 Chicago Title Insurance Co
Slabaugh Gary D $103,000 Fidelity National Title Co
Wittren Douglas L $103,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Everett Custom Homes Inc $581,000
Previous Owner Smith Michael R $150,000
Previous Owner Smith Michael R $202,500
Previous Owner Smith Michael R $192,000
Previous Owner Warberg James $50,000
Previous Owner Maccabee Deborah A $110,500
Previous Owner Warberg James L $107,600
Previous Owner Slabaugh Gary D $82,400
Previous Owner Wittren Douglas L $82,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $799,000 -5.9% $1,189 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $849,000 -- $1,263 / 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 $9,328 $352,020 $0 $0
2022 $9,126 $341,770 $0 $0
2021 $8,972 $331,820 $0 $0
2020 $8,230 $322,160 $0 $0
2019 $7,928 $312,780 $0 $0
2018 $7,694 $303,670 $0 $0
2017 $7,375 $294,830 $0 $0
2016 $6,749 $286,250 $0 $0
2015 $6,572 $277,920 $0 $0
2014 $6,473 $269,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17384601

Regional Multiple Listing Service (RMLS)

APN: R281545