NOT LISTED FOR SALE

Estimated Value: $641,390 - $1,313,000

4 Beds
2 Baths
3,256 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 15, 2015

Last sale price $599,000 $184 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,821/month

51 Days on Market

About This Home

As of June 2015

This fourplex in Southeast Portland is in a great location, located just off of SE Powell and SE 32nd Ave. The property is walking distance from local restaurants and public transportation. It is also just a short drive from downtown Portland. This property was built in 1995 and features large units, and parking provided for the tenants. All units have 2 bedrooms and 1 bath.

Last Agent to Sell the Property

Joseph Chaplik

Joseph Bernard LLC License #200411049 Listed on: 02/25/2015

Last Buyer's Agent

Michael Candianides

Michael J Candianides Real Estate License #200010125

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,285

Year Built

  • Built in 1995

Lot Details

  • 5,881

Parking

  • Paved Parking

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,285

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3256
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: COOPERS ADD, BLOCK 2, S 59' OF LOT 19

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Lot Info

  • Zoning: CG

Tax Info

  • Tax Amount: 5924.00
  • Assessor Parcel Number: R139553

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2015
Closed on
Jun 23, 2015
Sold by
Peake Tony and Brien Chris
Bought by
Two Peake S Llc
Seller's Agent
Joseph Chaplik
Joseph Bernard LLC
Buyer's Agent
Michael Candianides
Michael J Candianides Real Estate
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$928,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,098
Avg. Annual Appreciation
4.38%
Original Mortgage
$449,250
Outstanding Balance
$349,685
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$578,413

Purchase Details

Listed on
Feb 25, 2015
Closed on
Jun 12, 2015
Sold by
Stuart James W
Bought by
Peake Tony and Brien Chris
Seller's Agent
Joseph Chaplik
Joseph Bernard LLC
Buyer's Agent
Michael Candianides
Michael J Candianides Real Estate
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,250
Outstanding Balance
$349,685
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$578,413

Purchase Details

Closed on
Dec 10, 2008
Sold by
Granewich William
Bought by
Stuart James W and Stuart Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2005
Sold by
Grancwich William R
Bought by
Rentek Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,700
Interest Rate
5.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 28, 2005
Sold by
Vanle Sua
Bought by
Granewich Ii William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,700
Interest Rate
5.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 22, 1999
Sold by
Tea Keat Chhay
Bought by
Vanvanle Sua Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,600
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1995
Sold by
Prince Properties Inc
Bought by
Tea Keat Chhay and Er Sroy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.59%
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
Two Peake S Llc -- None Available
Peake Tony $599,000 Wfg Title
Stuart James W $318,000 Transnation Title Agency
Granewich Ii William -- Transnation Title Agency
Rentek Llc -- --
Granewich Ii William $418,000 Ticor Title Insurance Compan
Vanvanle Sua Van $278,000 Chicago Title Insurance Co
Tea Keat Chhay $241,000 Transamerica Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peake Tony $449,250
Previous Owner Hall Scott $152,411
Previous Owner Stuart James W $234,300
Previous Owner Stuart James W $238,500
Previous Owner Granewich William G $62,700
Previous Owner Granewich Ii William $334,400
Previous Owner Vanvanle Sua Van $194,600
Previous Owner Tea Keat Chhay $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $599,000 0.0% $184 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $599,000 -- $184 / 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 $9,285 $347,030 -- --
2023 $8,928 $336,930 $0 $0
2022 $8,735 $327,120 $0 $0
2021 $8,587 $317,600 $0 $0
2020 $7,877 $308,350 $0 $0
2019 $7,588 $299,370 $0 $0
2018 $7,365 $290,660 $0 $0
2017 $7,059 $282,200 $0 $0
2016 $6,460 $273,990 $0 $0
2015 $6,290 $266,010 $0 $0
2014 $6,196 $258,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15649638

Regional Multiple Listing Service (RMLS)

APN: R139553