NOT LISTED FOR SALE

3535 SW 12th Ave Portland, OR 97239

Council Crest Neighborhood

Estimated Value: $798,923 - $1,430,000

7 Beds
5 Baths
4,750 Sq Ft
$218/Sq Ft Est. Value

Last Sold January 21, 2014

Last sale price $660,000 $139 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,149/month

13 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Wood Siding
  • Ainsworth Elementary School Rated A-

About This Home

As of January 2014

Two separate homes on one lot, with a total of five separate rentable units; two of the units are non-conforming. Only a few minute's walk to OHSU, 1 block from bus #8, and next to Marquam Hill Trail head. Medical professional clientele with 0% vacancy factor, wait list, & minimal upkeep. Mechanical upgrades throughout. Outstanding income property with some leases paid far in advance, on a quiet dead-end street. Excellent opportunity!

Last Agent to Sell the Property

Kendall Woodworth

Windermere Realty Trust License #910800125 Listed on: 12/11/2013

Windermere Realty Trust

Last Buyer's Agent

Marcus Brown

Realty One Group Prestige License #200410316

Realty One Group Prestige

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,168

Year Built

  • Built in 1936

Lot Details

  • 5,009

Parking

  • Leased Parking
  • Assigned Parking

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Window Treatments
  • Wood Flooring
  • Basement Storage
  • Range

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,168

Year Built

Built in 1936

Lot Details

0

Parking

5

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 4750
  • Stories: 3
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Unfinished
  • Legal Description: PORTLAND CITY HMSTD, BLOCK 46, LOT 1
  • Storage: Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 5
  • Parking Description: Assigned, Leased

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Fireplace, Hardwood Floors, Range, Refrigerator, Window Coverings

Schools

  • Elementary School: Ainsworth
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Zoning: R1

Tax Info

  • Tax Amount: 5163.69
  • Assessor Parcel Number: R247170

Multi Family

  • Unit Type: 1, 2, 3, 4, 5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 10.59

MLS Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle School: West Sylvan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
Norris Allen Edwin and Norris Joanne
Bought by
Allen Edwin Norris And Joanne Norris Living T and Norris
Current Estimated Value
$1,035,481

Purchase Details

Listed on
Dec 11, 2013
Closed on
Jan 16, 2014
Sold by
Mcalpine William S
Bought by
Norris Joanne
Seller's Agent
Kendall Woodworth
Windermere Realty Trust
Buyer's Agent
Marcus Brown
Realty One Group Prestige
List Price
$659,000
Sold Price
$660,000
Premium/Discount to List
$1,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Jan 17, 2007
Sold by
Mcalpine William S
Bought by
Mcalpine William S and Mcalpine Lorrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 5, 1997
Sold by
Mcalpine William Scott
Bought by
Mcalpine William Scott and Mcalpine Lorrie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
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
Allen Edwin Norris And Joanne Norris Living T -- First American Title
Norris Allen Edwin -- Accommodation/Courtesy Recordi
Norris Joanne $660,000 Fidelity Natl Title Co Of Or
Mcalpine William S -- Transnation Title Agency Or
Mcalpine William Scott -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcalpine William S $264,822
Previous Owner Mcalpine William S $272,000
Previous Owner Mcalpine William S $279,000
Previous Owner Mcalpine William Scott $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2014 01/21/14 Sold $660,000 +0.2% $139 / Sq Ft
12/24/2013 12/24/13 Pending -- -- --
12/11/2013 12/11/13 For Sale $659,000 -- $139 / 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 $8,168 $305,580 -- --
2023 $7,854 $296,680 $0 $0
2022 $7,684 $288,040 $0 $0
2021 $7,554 $279,660 $0 $0
2020 $6,930 $271,520 $0 $0
2019 $6,675 $263,620 $0 $0
2018 $6,479 $255,950 $0 $0
2017 $6,210 $248,500 $0 $0
2016 $5,683 $241,270 $0 $0
2015 $5,534 $234,250 $0 $0
2014 $5,450 $227,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kendall Woodworth

    Seller's Agent in 2014

    Kendall Woodworth

    Windermere Realty Trust

    (503) 539-0001

    91 Total Sales

    Kendall Woodworth
    Section Image
  • Marcus Brown

    Buyer's Agent in 2014

    Marcus Brown

    Realty One Group Prestige

    (503) 205-0614

    30 Total Sales

    Marcus Brown
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13050907

Regional Multiple Listing Service (RMLS)

APN: R247170

Oregon Multnomah County Portland 97239 Council Crest

3535 SW 12th Ave, Portland, OR

This home is located at 3535 SW 12th Ave, Portland, OR 97239 since 11 December 2013 and is currently estimated at $1,035,481, approximately $217 per square foot. This property was built in 1936. 3535 SW 12th Ave is a home located in Multnomah County with nearby schools including Ainsworth Elementary School, West Sylvan Middle School, and Lincoln High School.

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