M
Seller's Agent in 2024
Manny Obi
Kelly Right Real Estate of Portland, LLC
(503) 449-8334
47 Total Sales
325 N 29th Ave Cornelius, OR 97113
Estimated Value: $699,000 - $735,000
4
Beds
7
Baths
3,328
Sq Ft
$214/Sq Ft
Est. Value
About This Home
As of March 2024Excellent investment opportunity with a nice cap rate on quite street this fourplex features a carport for each unit, with a small storage. This Cash flowing multi-unit comprises 2 one-level units & 2 two level units. Property is only a short distance to shopping & bus line. unit one: 2bed/1 bath, unit two, 2 bed/1.5 bath, unit three: 2 bed/1.5 bath and unit four is a 2 bed/1 bath unit. Newer roof. No sign on Property, please do not disturb tenants.
Last Agent to Sell the Property
Kelly Right Real Estate of Portland, LLC License #201231015 Listed on: 01/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,791
Year Built
- Built in 1977
Lot Details
- Corner Lot
Home Design
- Stucco Exterior
- Concrete Perimeter Foundation
Interior Spaces
- 3,328 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 7 Bathrooms
Parking
- Carport
- Assigned Parking
Schools
- Free Orchards Elementary School
- Evergreen Middle School
- Glencoe High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Rent includes sewer, water
- Assessor Parcel Number R755908
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $8,521
- Gross Income $62,772
- Net Operating Income $54,251
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2024
Closed on
Apr 5, 2024
Sold by
Bought by
Seller's Agent
Manny Obi
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Max Breslau
eXp Realty, LLC
List Price
$699,950
Sold Price
$699,950
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,398
Avg. Annual Appreciation
0.73%
Original Mortgage
$475,000
Outstanding Balance
$466,172
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$245,176
Purchase Details
Listed on
Jan 14, 2024
Closed on
Mar 15, 2024
Sold by
Bought by
Seller's Agent
Manny Obi
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Max Breslau
eXp Realty, LLC
List Price
$699,950
Sold Price
$699,950
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$466,172
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$245,176
Purchase Details
Closed on
Jul 19, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2017
Sold by
Bought by
Purchase Details
Closed on
Aug 18, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,294
Interest Rate
3.81%
Mortgage Type
New Conventional
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Fidelity National Title | ||
| $699,950 | Lawyers Title | ||
| -- | Wfg Title | ||
| -- | None Available | ||
| $252,392 | First American |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $475,000 | ||
| Previous Owner | $413,000 | ||
| Previous Owner | $189,294 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $699,950 | 0.0% | $210 / Sq Ft | |
| 02/02/2024 02/02/24 | Pending | -- | -- | -- | |
| 01/30/2024 01/30/24 | For Sale | $699,950 | 0.0% | $210 / Sq Ft | |
| 01/22/2024 01/22/24 | Pending | -- | -- | -- | |
| 01/15/2024 01/15/24 | For Sale | $699,950 | +177.3% | $210 / Sq Ft | |
| 11/03/2015 11/03/15 | Sold | $252,392 | -7.3% | $76 / Sq Ft | View Prior Sale |
| 08/16/2015 08/16/15 | Pending | -- | -- | -- | |
| 06/27/2015 06/27/15 | For Sale | $272,400 | -- | $82 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,253 | $328,610 | -- | -- |
| 2025 | $5,233 | $319,040 | -- | -- |
| 2024 | $4,791 | $309,750 | -- | -- |
| 2023 | $4,791 | $300,730 | $0 | $0 |
| 2022 | $4,662 | $300,730 | $0 | $0 |
| 2021 | $4,571 | $283,480 | $0 | $0 |
| 2020 | $4,474 | $275,230 | $0 | $0 |
| 2019 | $4,346 | $267,220 | $0 | $0 |
| 2018 | $4,156 | $259,440 | $0 | $0 |
| 2017 | $4,004 | $251,890 | $0 | $0 |
| 2016 | $3,895 | $244,560 | $0 | $0 |
| 2015 | $3,735 | $237,440 | $0 | $0 |
| 2014 | $3,607 | $230,530 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Manny Obi
-
Max Breslau
Buyer's Agent in 2024
Max Breslau
eXp Realty, LLC
(503) 939-8231
29 Total Sales
-
J
Seller's Agent in 2015
Jim Moyer
Weichert, Realtors on Main Street
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24112107
APN: R0755908
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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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