NOT LISTED FOR SALE

380 E Gloucester St Gladstone, OR 97027

Estimated Value: $444,000 - $460,783

4 Beds
2 Baths
1,612 Sq Ft
$281/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2020

Last sale price $370,000 $230 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,779 / mo

1 Day on Market

Highlights

  • Level Lot
  • Radiant Heating System
  • 5-minute walk to Max Patterson Park
  • Wood Siding
  • 1-Story Property

About This Home

As of August 2020

Excellent rental history for this single level duplex. Photos from 2017 updates include flooring, carpet and paint. Quiet neighborhood,just a block to park and Elementary school. Both units have existing month-to-month tenants (3 yrs) who would like to stay. No pre-offer showings - DO NOT DISTURB tenants - write offers subject to interior inspection.

Last Agent to Sell the Property

Linda Petrucci

Bridgetown Equity Prop LLC License #201210859 Listed on: 07/20/2020

Last Buyer's Agent

Bill Horton

HomeSource License #201225605

HomeSource

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,394

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • Level Lot

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property

Schools

  • John Wetten Elementary School
  • Kraxberger Middle School
  • Gladstone High School

Utilities

  • No Cooling
  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 00536995

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,700
  • Gross Income $22,800
  • Net Operating Income $17,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,394

Year Built

Built in 1961 | Remodeled

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1961
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 370000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: John Wetten
  • High School: Gladstone
  • Middle Or Junior School: Kraxberger

Lot Info

  • Zoning: Multi
  • Parcel #: 00536995

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3393.62

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.35
  • Annual Gross Income: 22800.0
  • Property Net Operating Income: 17100.0
  • Annual Operating Expense: 5700.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Aug 20, 2020
Sold by
Bought by
Seller's Agent
Linda Petrucci
Bridgetown Equity Prop LLC
Buyer's Agent
Bill Horton
HomeSource
List Price
$350,000
Sold Price
$370,000
Premium/Discount to List
$20,000
5.71%
Current Estimated Value
$452,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,946
Avg. Annual Appreciation
3.54%
Original Mortgage
$363,298
Outstanding Balance
$321,545
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$131,401

Purchase Details

Closed on
Apr 5, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,600
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,600
Interest Rate
6.2%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$370,000 Wfg Title
$230,000 Lawyers Title Ins
$145,000 Lawyers Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $363,298
Previous Owner $146,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $370,000 +5.7% $230 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $350,000 -- $217 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,038 $200,428 -- --
2024 $3,926 $194,591 -- --
2023 $3,926 $188,924 $0 $0
2022 $3,652 $183,422 $0 $0
2021 $3,517 $178,080 $0 $0
2020 $3,433 $172,894 $0 $0
2019 $3,394 $167,859 $0 $0
2018 $3,270 $162,970 $0 $0
2017 $3,172 $158,223 $0 $0
2016 $3,068 $153,615 $0 $0
2015 $2,967 $149,141 $0 $0
2014 $2,887 $144,797 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20255574

Regional Multiple Listing Service (RMLS)

APN: 00536995

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