NOT LISTED FOR SALE

3624 SE 66th Ave Unit 3628 Portland, OR 97206

Foster-Powell Neighborhood

Estimated Value: $604,000 - $730,000

6 Beds
3 Baths
2,200 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $675,000 $307 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,265/month

120 Days on Market

Highlights

  • Territorial View
  • Laundry Facilities
  • Lap Siding
  • Baseboard Heating
  • Level Lot
  • 4-minute walk to Kern Park

About This Home

As of November 2023

Don't miss out on this fantastic opportunity to own a well-maintained, one-level, fully rented triplex in Foster-Powell. All 3 units have their own outdoor space and storage closets, and there's room for 6 cars on the front parking pad. Coin laundry further enhances income. Situated on an 8,000 square foot double lot & zoned RM1, this property offers future income and development potential and upside possibilities. The triplex's excellent location offers convenience and accessibility with an 81 walk score and 100 bike score. Close to public transportation and I-5, shopping, restaurants, coffee, Mt. Tabor and more. Freshly painted exterior, newer fencing, and several other recent seller updates since purchasing, see attached list.

Last Agent to Sell the Property

Andy Harris

eXp Realty, LLC License #201214054 Listed on: 06/14/2023

eXp Realty, LLC

Last Buyer's Agent

Caleb Webster

Rarebird Real Estate License #201231767

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,662

Year Built

  • Built in 1963

Lot Details

  • Level Lot

Parking

  • 6 Car Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Basement Storage

Schools

  • Arleta Elementary School
  • Kellogg Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R204853

Community Details

Overview

  • 3 Units
  • Foster Powell Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $9,250
  • Gross Income $47,670
  • Net Operating Income $38,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,662

Year Built

Built in 1963

Lot Details

0

Parking

6

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1963
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, PartialBasement, StorageSpace
  • Storage: Basement,IndividualStorageUnits
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Arleta
  • High School: Franklin
  • Middle Or Junior School: Kellogg

Lot Info

  • Zoning: RM1
  • Parcel #: R204853

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6661.69

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.37
  • Annual Gross Income: 47670.0
  • Property Net Operating Income: 38420.0
  • Annual Operating Expense: 9250.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Oct 13, 2023
Sold by
Dotterrer Daniel and Dotterrer Fred
Bought by
Vasnaik Ashley
Seller's Agent
Andy Harris
eXp Realty, LLC
Buyer's Agent
Caleb Webster
Rarebird Real Estate
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Views
74
Current Estimated Value
$678,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,660
Avg. Annual Appreciation
-0.61%
Original Mortgage
$641,250
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 17, 2016
Sold by
Dexheimer David
Bought by
Dotterrer Daniel and Dotterrer Fred
Seller's Agent
Ralph Jubb
Olympic Homes, Inc.
Buyer's Agent
Karen Brunke
John L. Scott Portland Central
List Price
$459,000
Sold Price
$507,000
Premium/Discount to List
$48,000
10.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$317,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2006
Sold by
Pienovi James F
Bought by
Dexheimer David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 26, 2002
Sold by
Pienovi James F
Bought by
Dexheimer David
Source: Public Records

Range of Values:

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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
Vasnaik Ashley $665,000 First American Title
Dotterrer Daniel $506,000 First American
Dexheimer David $194,944 Accommodation
Dexheimer David $194,944 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasnaik Ashley $641,250
Previous Owner Dotterrer Daniel $317,000
Previous Owner Dexheimer David $70,000
Closed Dexheimer David $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $675,000 -1.5% $307 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $685,000 -2.0% $311 / Sq Ft
08/08/2023 08/08/23 Price Changed $699,000 -2.2% $318 / Sq Ft
07/12/2023 07/12/23 Price Changed $715,000 -1.4% $325 / Sq Ft
06/14/2023 06/14/23 For Sale $725,000 +43.0% $330 / Sq Ft
07/18/2016 07/18/16 Sold $507,000 +10.5% $230 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $459,000 -- $209 / 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 $6,809 $256,960 $0 $0
2022 $6,662 $249,480 $0 $0
2021 $6,549 $242,220 $0 $0
2020 $6,008 $235,170 $0 $0
2019 $5,787 $228,330 $0 $0
2018 $5,617 $221,680 $0 $0
2017 $5,384 $215,230 $0 $0
2016 $4,927 $208,970 $0 $0
2015 $4,798 $202,890 $0 $0
2014 $4,726 $196,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23579146

Regional Multiple Listing Service (RMLS)

APN: R204853