NOT LISTED FOR SALE

Estimated Value: $511,000 - $611,000

4 Beds
2 Baths
1,784 Sq Ft
$315/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $576,700 $323 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,540/month

7 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Garage
  • Landscaped with Trees
  • Green Certified Home
  • Wood Siding

About This Home

As of April 2023

This charming 1927 duplex is located in the very popular Roseway neighborhood and features vintage built-ins, original tilework, and hardwood flooring. Both units offer spacious living rooms and bedrooms, ample storage space, a large unfinished basement, and their own driveway and garage. This duplex offers a great investment opportunity with immediate rental income as both units are tenant-occupied. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10212725]

Last Agent to Sell the Property

Claire Paris

Paris Group Realty LLC License #200309285 Listed on: 02/17/2023

Last Buyer's Agent

Yasmine Foroud

Windermere Realty Trust License #200601361

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,234

Year Built

  • Built in 1927

Lot Details

  • Corner Lot
  • Landscaped with Trees

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,784 Sq Ft Home
  • 1-Story Property

Unfinished Basement

  • Partial Basement
  • Basement Storage

Eco-Friendly Details

  • Green Certified Home

Schools

  • Scott Elementary School
  • Roseway Heights Middle School
  • Leodis Mcdaniel High School

Utilities

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

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R185690

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $9,567
  • Gross Income $38,229
  • Net Operating Income $28,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,234

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1927
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Scott
  • High School: Leodis McDaniel
  • Middle Or Junior School: Roseway Heights

Lot Info

  • Zoning: R5
  • Parcel #: R185690

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 6234.01

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.39
  • Annual Gross Income: 38229.0
  • Property Net Operating Income: 28662.0
  • Annual Operating Expense: 9567.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Apr 4, 2023
Sold by
Sharrock Tim
Bought by
Pierce Julie C
Seller's Agent
Claire Paris
Paris Group Realty LLC
Buyer's Agent
Yasmine Foroud
Windermere Realty Trust
List Price
$550,000
Sold Price
$576,700
Premium/Discount to List
$26,700
4.85%
Views
127
Current Estimated Value
$561,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,142
Avg. Annual Appreciation
-1.05%
Original Mortgage
$432,525
Outstanding Balance
$420,282
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$141,276

Purchase Details

Closed on
Feb 14, 2019
Sold by
Granstrom Frank S and Granstrom Frank
Bought by
Sharrock Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,950
Interest Rate
7.68%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2004
Sold by
Granstrom Denise
Bought by
Granstrom Frank
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
Pierce Julie C $576,700 Chicago Title
Sharrock Tim $489,900 Chicago Title
Granstrom Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Julie C $432,525
Previous Owner Sharrock Tim $244,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2023 04/05/23 Sold $576,700 +4.9% $323 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $550,000 -- $308 / 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 $6,741 $251,930 -- --
2023 $6,482 $244,600 $0 $0
2022 $6,341 $237,480 $0 $0
2021 $6,234 $230,570 $0 $0
2020 $5,719 $223,860 $0 $0
2019 $5,509 $217,340 $0 $0
2018 $5,347 $211,010 $0 $0
2017 $5,124 $204,870 $0 $0
2016 $4,690 $198,910 $0 $0
2015 $4,567 $193,120 $0 $0
2014 $4,498 $187,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23558873

Regional Multiple Listing Service (RMLS)

APN: R185690