NOT LISTED FOR SALE

Estimated Value: $499,000 - $717,804

6 Beds
2 Baths
2,650 Sq Ft
$229/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $490,000 $185 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,694/month

Highlights

  • Secluded Lot
  • Ainsworth Elementary School Rated A-
  • Views

About This Home

As of February 2021

This duplex is surrounded by great views of Marquam Park & is conveniently located in close proximity to OHSU. This updated duplex boasts 2 apartments with separate access. First floor, 2 bed 1 bath apartment is fully carpeted throughout and an updated bathroom. New electric wall heaters. Second floor, 4 bed 1 bath apartment boasts linoleum floors & updated cabinetry & a warm, gas fireplace in living room. Fireplace heats unit. Low property taxes!! See attached update list for full list!

Last Agent to Sell the Property

Jordan Matin

Matin Real Estate License #200707018 Listed on: 07/02/2020

Last Buyer's Agent

Benjamin Droukas

Windermere Realty Trust License #200401007

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,931

Year Built

  • Built in 1890

Lot Details

  • Secluded Lot
  • Corner Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Cedar

Interior Spaces

  • 2-Story Property
  • Property Views

Partially Finished Basement

  • Basement Storage
  • Natural lighting in basement

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,931

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2650
  • Stories: 2
  • Year Built: 1890
  • Property Condition: Approximately
  • Remarks Public: This duplex is surrounded by great views of Marquam Park & is conveniently located in close proximity to OHSU. This updated duplex boasts 2 apartments with separate access. First floor, 2 bed 1 bath apartment is fully carpeted throughout and an updated bathroom. New electric wall heaters. Second floor, 4 bed 1 bath apartment boasts linoleum floors & updated cabinetry & a warm, gas fireplace in living room. Fireplace heats unit. Low property taxes!! See attached update list for full list!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PORTLAND CITY HMSTD, BLOCK 35, LOT 4
  • Basement: Daylight, Partially Finished
  • Storage: Basement

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 15,000 to 19,999 SqFt
  • Roof Type: Composition
  • View: Park/Greenbelt
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Schools

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

Lot Info

  • Lot Description: Corner Lot, Level, Secluded
  • Zoning: R1

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4847.15
  • Assessor Parcel Number: R247137
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.53

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Feb 4, 2021
Sold by
Mcalpine Lorrie A and Mcalpine William S
Bought by
Curry Collin Murphy and Kurtz Justin Nicholas
Seller's Agent
Jordan Matin
Matin Real Estate
Buyer's Agent
Benjamin Droukas
Windermere Realty Trust
List Price
$599,900
Sold Price
$490,000
Premium/Discount to List
-$109,900
-18.32%
Current Estimated Value
$605,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,951
Avg. Annual Appreciation
4.75%
Original Mortgage
$481,124
Outstanding Balance
$430,927
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$175,024

Purchase Details

Closed on
Mar 11, 1998
Sold by
Egan Sam A
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
$121,100
Interest Rate
7.02%
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
Curry Collin Murphy $490,000 Lawyers Title
Mcalpine William S $173,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curry Collin Murphy $481,124
Previous Owner Mcalpine William S $252,000
Previous Owner Mcalpine William S $265,000
Previous Owner Mcalpine William S $121,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $490,000 -10.9% $185 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $550,000 -8.3% $208 / Sq Ft
09/24/2020 09/24/20 For Sale $599,900 0.0% $226 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $599,900 -7.7% $226 / Sq Ft
07/28/2020 07/28/20 Price Changed $650,000 -7.1% $245 / Sq Ft
07/02/2020 07/02/20 For Sale $699,900 -- $264 / 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 $5,931 $221,900 -- --
2023 $5,704 $215,440 $0 $0
2022 $5,580 $209,170 $0 $0
2021 $5,486 $203,080 $0 $0
2020 $5,032 $197,170 $0 $0
2019 $4,847 $191,430 $0 $0
2018 $4,705 $185,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20080056

Regional Multiple Listing Service (RMLS)

APN: R247137