NOT LISTED FOR SALE

3205 SW Corbett Ave Portland, OR 97239

South Portland Neighborhood

Estimated Value: $866,000 - $1,165,000

5 Beds
5 Baths
3,464 Sq Ft
$292/Sq Ft Est. Value

Last Sold June 13, 2017

Last sale price $900,000 $260 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,618/month

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Air Conditioning
  • Capitol Hill Elementary School Rated 9+
  • Corner Lot
  • Views

About This Home

As of June 2017

Dynamic Lair Hill plex property: Excellent rental history, well-managed, always full. Most systems, surfaces, finishes recently replaced w/ high-end, quality materials. Studs out remodel in 2012. Main unit is 3bed/3ba w/ 2 master suites. Stellar location. Easy access in all directions. Stone's throw to OHSU/downtown but cozy neighborhood feel. Some rents may be under mrkt. High demand property well maintained/improved by hands-on owner.

Last Agent to Sell the Property

Eric Hagstette

Inhabit Real Estate License #200409215 Listed on: 04/14/2017

Last Buyer's Agent

Stacy Butchart

ELEETE Real Estate License #201213386

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,802

Year Built

  • Built in 1894

Lot Details

  • 4,792

Parking

  • Paved Parking

Home Design

  • Cedar

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Finished Basement
  • Exterior Basement Entry
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Corner Lot

Community Details

  • 3 Units
  • Property managed by offers subj to inspection//

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,802

Year Built

Built in 1894

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3464
  • Stories: 3
  • Year Built: 1894
  • Property Condition: Approximately
  • Remarks Public: Dynamic Lair Hill plex property: Excellent rental history, well-managed, always full. Most systems, surfaces, finishes recently replaced w/ high-end, quality materials. Studs out remodel in 2012. Main unit is 3bed/3ba w/ 2 master suites. Stellar location. Easy access in all directions. Stone's throw to OHSU/downtown but cozy neighborhood feel. Some rents may be under mrkt. High demand property well maintained/improved by hands-on owner.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CARUTHERS ADD, BLOCK 115, LOT 1
  • Basement: Finished, Exterior Entry

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: City, Territorial
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Parking Description: Paved

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air - 90%

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Management Name: offers subj to inspection//
  • Unit Features: Deck, Dishwasher, Microwave, Range, Refrigerator, Washer/Dryer, Wood Floors, Air Conditioning

Schools

  • Elementary School: Capitol Hill
  • Middle School: Jackson
  • High School: Wilson

Lot Info

  • Lot Description: Corner Lot
  • Zoning: R2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 9343.93
  • Assessor Parcel Number: R129018

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.56

MLS Schools

  • Elementary School: Capitol Hill
  • High School: Wilson
  • Middle School: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jun 8, 2017
Sold by
Mancarti Michael
Bought by
Allen David and Allen Michael Stuart
Seller's Agent
Eric Hagstette
Inhabit Real Estate
Buyer's Agent
Stacy Butchart
ELEETE Real Estate
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Current Estimated Value
$1,010,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,379
Avg. Annual Appreciation
1.21%
Original Mortgage
$656,250
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2016
Sold by
Mancarti Michael
Bought by
Mancarti Michael and Mancarti Catheryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,904
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 7, 2012
Closed on
Dec 19, 2013
Sold by
Nedelisky Michael J
Bought by
Mancarti Michael
Seller's Agent
Katherine Williams
Rose City Realty Group
Buyer's Agent
Sharon Fleming
Coldwell Banker Bain
List Price
$549,000
Sold Price
$539,000
Premium/Discount to List
-$10,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$529,237
Interest Rate
4.13%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 24, 2011
Closed on
Mar 15, 2012
Sold by
Federal National Mortgage Association
Bought by
Nedelisky Michael J
Seller's Agent
Valerie Hunter
H & H Preferred Real Estate
Buyer's Agent
Sandra Pember
Berkshire Hathaway HomeServices NW Real Estate
List Price
$299,900
Sold Price
$232,000
Premium/Discount to List
-$67,900
-22.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.88%

Purchase Details

Closed on
Sep 21, 2011
Sold by
Citimortgage Inc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jul 21, 2011
Sold by
Martin James and Martin Molli
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 30, 2005
Sold by
Martin James
Bought by
Martin James and Martin Molli

Purchase Details

Closed on
Apr 16, 1996
Sold by
Flaxel John T
Bought by
Martin James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,943
Interest Rate
7.84%
Mortgage Type
VA
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
Allen David $900,000 Wfg Title
Mancarti Michael -- Fidelity Natl Title Of Or
Mancarti Michael $539,000 Wfg Title
Nedelisky Michael J $232,000 Chicago Title Company
Fannie Mae $385,786 None Available
Citimortgage Inc $385,786 None Available
Martin James -- Fatco
Martin James $213,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Michael Stuart $630,500
Closed Allen David $656,250
Previous Owner Mancarti Michael $511,904
Previous Owner Mancarti Michael $529,237
Previous Owner Martin James $137,500
Previous Owner Martin James $385,000
Previous Owner Martin James $201,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2017 06/13/17 Sold $900,000 -2.7% $260 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $925,000 +71.6% $267 / Sq Ft
12/20/2013 12/20/13 Sold $539,000 -1.8% $168 / Sq Ft
09/01/2013 09/01/13 Pending -- -- --
09/07/2012 09/07/12 For Sale $549,000 +136.6% $172 / Sq Ft
03/21/2012 03/21/12 Sold $232,000 -22.6% $81 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
08/24/2011 08/24/11 For Sale $299,900 -- $105 / 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
2024 $14,802 $553,760 -- --
2023 $14,233 $537,640 $0 $0
2022 $13,925 $521,990 $0 $0
2021 $13,690 $506,790 $0 $0
2020 $12,558 $492,030 $0 $0
2019 $12,096 $477,700 $0 $0
2018 $11,740 $463,787 $0 $0
2017 $11,075 $443,230 $0 $0
2016 $9,344 $430,330 $0 $0
2015 $8,588 $417,800 $0 $0
2014 $7,337 $405,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Hagstette

    Seller's Agent in 2017

    Eric Hagstette

    Inhabit Real Estate

    (503) 313-6476

    154 Total Sales

    Eric Hagstette
    Section Image

  • S

    Buyer's Agent in 2017

    Stacy Butchart

    ELEETE Real Estate

    Section Image
  • Katherine Williams

    Seller's Agent in 2013

    Katherine Williams

    Rose City Realty Group

    (503) 349-5511

    99 Total Sales

    Katherine Williams
    Section Image
  • Sharon Fleming

    Buyer's Agent in 2013

    Sharon Fleming

    Coldwell Banker Bain

    (503) 680-3702

    119 Total Sales

    Sharon Fleming
    Section Image
  • Valerie Hunter

    Seller's Agent in 2012

    Valerie Hunter

    H & H Preferred Real Estate

    (971) 221-3109

    1 in this area

    74 Total Sales

    Valerie Hunter
    Section Image

  • D

    Seller Co-Listing Agent in 2012

    Damien Pogue

    H & H Preferred Real Estate

    (971) 221-3109

    1 in this area

    43 Total Sales

    Damien Pogue
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17243974

Regional Multiple Listing Service (RMLS)

APN: R129018

Oregon Multnomah County Portland 97239 South Portland

3205 SW Corbett Ave, Portland, OR

This home is located at 3205 SW Corbett Ave, Portland, OR 97239 since 14 April 2017 and is currently estimated at $1,010,379, approximately $291 per square foot. This property was built in 1894. 3205 SW Corbett Ave is a home located in Multnomah County with nearby schools including Capitol Hill Elementary School, Jackson Middle School, and Ida B. Wells-Barnett High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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