NOT LISTED FOR SALE

3223 SW Dolph Ct Unit 3229 Portland, OR 97219

Multnomah Neighborhood

Estimated Value: $740,000 - $1,271,000

8 Beds
8 Baths
4,416 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 18, 2015

Last sale price $625,000 $142 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,341/month

40 Days on Market

Highlights

  • Secluded Lot
  • Wood Siding
  • 2-minute walk to Spring Garden Park
  • Outdoor Storage
  • Radiant Heating System

About This Home

As of June 2015

4 Plex in private setting. Great location close to Multnomah Village and PCC Sylvania. W/D Hookups. Long term tenants.Do not disturb tenants. Write offers subject to interior inspection.

Last Agent to Sell the Property

Patrick Ormiston

Premiere Property Group, LLC License #200901167 Listed on: 02/03/2015

Last Buyer's Agent

Patrick Ormiston

Premiere Property Group, LLC License #200901167 Listed on: 02/03/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,726

Year Built

  • Built in 1974

Lot Details

  • 0.25

Parking

  • 8 Car Garage
  • Open Parking

Home Design

  • Composition Roof
  • Wood Siding

Schools

  • Maplewood Elementary School
  • Gray Middle School
  • Wilson High School

Utilities

  • No Cooling
  • Radiant Heating System
  • Electric Water Heater

Additional Features

  • Outdoor Storage
  • Secluded Lot

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R250076

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $20,721
  • Gross Income $47,700
  • Net Operating Income $26,979

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,726

Year Built

Built in 1974

Lot Details

0

Parking

8

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1974
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Deck
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Secluded
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No
  • Garage Spaces: 8.0
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Maplewood
  • High School: Wilson
  • Middle Or Junior School: Gray

Lot Info

  • Zoning: R1
  • Parcel #: R250076

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.63
  • Annual Gross Income: 47700.0
  • Property Net Operating Income: 26979.0
  • Annual Operating Expense: 20721.0

Tax Info

  • Tax Annual Amount: 9725.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2015
Closed on
May 14, 2015
Sold by
Newbore Gary J
Bought by
Dolph Ct Llc
Seller's Agent
Patrick Ormiston
Premiere Property Group, LLC
Buyer's Agent
Patrick Ormiston
Premiere Property Group, LLC
List Price
$700,000
Sold Price
$625,000
Premium/Discount to List
-$75,000
-10.71%
Total Days on Market
40
Current Estimated Value
$974,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,715
Avg. Annual Appreciation
4.33%
Original Mortgage
$437,500
Outstanding Balance
$345,563
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$607,783

Purchase Details

Listed on
Feb 3, 2015
Closed on
May 13, 2015
Sold by
Coday Martin
Bought by
Newbore Gary J
Seller's Agent
Patrick Ormiston
Premiere Property Group, LLC
Buyer's Agent
Patrick Ormiston
Premiere Property Group, LLC
List Price
$700,000
Sold Price
$625,000
Premium/Discount to List
-$75,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Outstanding Balance
$345,563
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$607,783

Purchase Details

Closed on
Nov 18, 2005
Sold by
3223 Dolph Court Llc
Bought by
Coday Martin and Coday Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 18, 2003
Sold by
Siemens Catherine M and Siemens William J
Bought by
3223 Dolph Court Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2003
Sold by
Charles David M
Bought by
Siemens Catherine M and Siemens William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 1996
Sold by
Martin Noel Douglas
Bought by
Charles David M and Khodaverdi Sediegh Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Dolph Ct Llc -- Accommodation
Newbore Gary J $625,000 Fidelity National Title
Coday Martin $469,000 Ticor Title Insurance Compan
3223 Dolph Court Llc -- --
Siemens Catherine M $377,000 First American
Charles David M $295,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newbore Gary J $437,500
Previous Owner Coday Martin $403,000
Previous Owner Coday Martin $290,000
Previous Owner Siemens Catherine M $263,900
Previous Owner Charles David M $236,000
Closed Charles David M $29,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2015 06/18/15 Sold $625,000 -10.7% $142 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $700,000 -- $159 / 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 $14,018 $529,510 $0 $0
2022 $13,715 $514,090 $0 $0
2021 $13,482 $499,120 $0 $0
2020 $12,368 $484,590 $0 $0
2019 $11,913 $470,480 $0 $0
2018 $11,563 $456,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15126831

Regional Multiple Listing Service (RMLS)

APN: R250076