NOT LISTED FOR SALE

Estimated Value: $751,000 - $848,000

4 Beds
4 Baths
3,055 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $792,400 $259 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,154/month

3 Days on Market

About This Home

As of September 2023

Fantastic Tri-Plex with immense potential and built-in equity! Fantastic opportunity to live in one unit and rent additional 2 units out. This property is ideally situated close to prestigious educational institutions such as OHSU Medical School, OHSU Dental School, PSU, and the National University of Natural Medicine and it's close to Downtown Portland, offering the best of urban living. Step inside this beautiful historic Victorian home that has so much charm and character. Hardwood floors add an elegant touch, while the stained glass windows and wainscoting bring a sense of timeless beauty. The clawfoot bathtubs in the units provide a touch of luxury. The property has several upgrades, including a newer roof and exterior paint. Unit 3 features a tastefully updated kitchen and bathroom, while unit 1 also has an updated kitchen, making these units particularly attractive to potential tenants. Whether you're looking to enhance your real estate portfolio or searching for a residence with rental income potential, this Tri-Plex is a must-see. The location, charm, and potential for increased rental income make this property a rare find in the Portland market.

Last Agent to Sell the Property

Nick Shivers

Keller Williams PDX Central License #200209063 Listed on: 07/28/2023

Keller Williams PDX Central

Last Buyer's Agent

Sarah Stanfill

Realty Pro Oregon LLC. License #201246415

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,942

Year Built

  • Built in 1902

Lot Details

  • 5,009

Home Design

  • Wood Siding
  • Lap Siding

Interior Spaces

  • 3,055 Sq Ft Home
  • 3-Story Property
  • Exterior Basement Entry

Parking

  • Off-Site Parking
  • Assigned Parking

Schools

  • Capitol Hill Elementary School
  • Jackson Middle School
  • Ida B Wells High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R129123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,942

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1902
  • Property Condition: Restored
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure

Garage/Parking

  • Parking Description: Assigned, OffSite
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Capitol Hill
  • High School: Ida B Wells
  • Middle Or Junior School: Jackson

Lot Info

  • Zoning: R2
  • Parcel #: R129123

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 8942.48

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 31, 2023
Sold by
Crepes Llc
Bought by
Elhamady Ahmed
Seller's Agent
Nick Shivers
Keller Williams PDX Central
Buyer's Agent
Sarah Stanfill
Realty Pro Oregon LLC.
List Price
$775,000
Sold Price
$792,400
Premium/Discount to List
$17,400
2.25%
Total Days on Market
3
Views
21
Current Estimated Value
$785,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,999
Avg. Annual Appreciation
-0.50%
Original Mortgage
$633,920
Outstanding Balance
$513,785
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Estimated Equity
$271,616

Purchase Details

Closed on
Mar 29, 2022
Sold by
Keene Scroggs Zachary
Bought by
Crepes Llc
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
Elhamady Ahmed $792,400 Lawyers Title
Crepes Llc $722,800 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elhamady Ahmed $633,920
Previous Owner Scroggs Zachary K $378,000
Previous Owner Scroggs Zachary K $298,245
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $792,400 +2.2% $259 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $775,000 -- $254 / 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 $9,140 $345,260 $0 $0
2022 $8,942 $335,210 $0 $0
2021 $8,791 $325,450 $0 $0
2020 $8,064 $315,980 $0 $0
2019 $7,768 $306,780 $0 $0
2018 $7,540 $297,850 $0 $0
2017 $7,226 $289,180 $0 $0
2016 $6,613 $280,760 $0 $0
2015 $6,439 $272,590 $0 $0
2014 $6,342 $264,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23113085

Regional Multiple Listing Service (RMLS)

APN: R129123