NOT LISTED FOR SALE

Estimated Value: $531,000 - $592,590

5 Beds
6 Baths
-- Sq Ft
6,055 Sq Ft Lot

Last Sold April 13, 2018

Last sale price $375,000

Est. 53% increase in value since last sale

Current estimated payment $3,642/month

5 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • 3-minute walk to Wilkes Park
  • Attached Garage

About This Home

As of April 2018

Excellent investor opportunity -- perfect for owner-occupy situation. Newer roof and Well-maintained duplex in convenient location - near airport, fwy, shopping & schools. Nike Park (Wilkes) around corner. Buyer to verify all info. Fabulous turn key opportunity! Do not disturb the great tenants.

Last Agent to Sell the Property

Adam Shepard

John L. Scott Portland Central License #200910003 Listed on: 01/22/2018

John L. Scott Portland Central

Last Buyer's Agent

Samir Azer

eXp Realty, LLC License #201216992

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,266

Year Built

  • Built in 2001

Lot Details

  • Level Lot

Parking

  • Attached Garage

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,266

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 2
  • Year Built: 2001
  • Property Condition: Approximately
  • Remarks Public: Excellent investor opportunity -- perfect for owner-occupy situation. Newer roof and Well-maintained duplex in convenient location - near airport, fwy, shopping & schools. Nike Park (Wilkes) around corner. Buyer to verify all info. Fabulous turn key opportunity! Do not disturb the great tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: RIVER VIEW VILLAGE, LOT 50, INC UND INT TRACTS A&B&C
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

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

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Washer/Dryer Hookup

Schools

  • Elementary School: Wilkes
  • Middle School: Reynolds
  • High School: Reynolds

Lot Info

  • Lot Description: Level
  • Zoning: R3

Rental Info

  • Rent Includes: Trash Collection, Maintenance Grounds

Tax Info

  • Tax Amount: 5634.85
  • Assessor Parcel Number: R255934

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.50

MLS Schools

  • Elementary School: Wilkes
  • High School: Reynolds
  • Middle School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2018
Closed on
Apr 6, 2018
Sold by
Maupin James A
Bought by
Bushra Emad and Kelada Mary H
Seller's Agent
Adam Shepard
John L. Scott Portland Central
Buyer's Agent
Samir Azer
eXp Realty, LLC
List Price
$375,000
Sold Price
$375,000
Total Days on Market
5
Current Estimated Value
$572,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,148
Avg. Annual Appreciation
6.14%
Original Mortgage
$281,250
Outstanding Balance
$244,389
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$329,515

Purchase Details

Listed on
Aug 20, 2013
Closed on
Oct 1, 2013
Sold by
Bailey Griffin T
Bought by
Maupin James A
Seller's Agent
Marili Haas
NW Patriot Realty
Buyer's Agent
Chris Suarez
Keller Williams Sunset Corridor
List Price
$258,000
Sold Price
$258,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$169,700
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2004
Sold by
Montgomery Robert H
Bought by
Bailey Griffin T and Bailey Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1999
Sold by
Montgomery Contracting Inc
Bought by
Montgomery Robert H and Montgomery Charlotte L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.62%

Purchase Details

Closed on
Jul 14, 1998
Sold by
Cypress Ventures Inc
Bought by
Montgomery Contracting Inc
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
Bushra Emad $375,000 Lawyers Title
Maupin James A $258,000 Fidelity Natl Title Co Of Or
Bailey Griffin T $249,900 Fidelity Natl Title Co Of Or
Montgomery Robert H -- Fidelity National Title Co
Montgomery Contracting Inc $115,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bushra Emad $281,250
Previous Owner Maupin James A $169,700
Previous Owner Bailey Griffin T $224,900
Previous Owner Montgomery Robert H $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $375,000 0.0% --
01/27/2018 01/27/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $375,000 +45.3% --
10/02/2013 10/02/13 Sold $258,000 0.0% $92 / Sq Ft
08/25/2013 08/25/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $258,000 -- $92 / 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 $7,266 $320,990 $0 $0
2022 $7,156 $311,650 $0 $0
2021 $7,063 $302,580 $0 $0
2020 $6,375 $293,770 $0 $0
2019 $6,051 $285,220 $0 $0
2018 $5,995 $276,920 $0 $0
2017 $5,635 $268,860 $0 $0
2016 $5,026 $261,030 $0 $0
2015 $4,428 $253,430 $0 $0
2014 $4,361 $246,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18401510

Regional Multiple Listing Service (RMLS)

APN: R255934