NOT LISTED FOR SALE

Estimated Value: $527,000 - $556,000

4 Beds
2 Baths
1,600 Sq Ft
$341/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $527,500 $330 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,341/month

4 Days on Market

Highlights

  • No HOA
  • Heating unit installed on the ceiling
  • Wood Siding
  • 2 Car Attached Garage
  • Level Lot
  • 1-Story Property

About This Home

As of April 2024

1 level ranch duplex. Heart of Milwaukie. Garages. Back unit has private court yard. Easy maintenance. Close to expressway, shopping, and bus line. Long term tenants one has been there over 18 years.

Last Agent to Sell the Property

Mark Trunk

RE/MAX Equity Group License #780700158 Listed on: 03/08/2024

RE/MAX Equity Group

Last Buyer's Agent

Dan Walters

Keller Williams Realty Portland Elite License #200302144

Keller Williams Realty Portland Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,332

Year Built

  • Built in 1967

Lot Details

  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Rowe Middle School
  • Milwaukie High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 00022237

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Property managed by Garica Group

Building Details

  • Operating Expense $8,344
  • Gross Income $33,444
  • Net Operating Income $25,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,332

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1967
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

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

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Management Name: Garica Group
  • Association: No

Schools

  • High School: Milwaukie
  • Middle Or Junior School: Rowe

Lot Info

  • Zoning: Duplex
  • Parcel #: 00022237

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4332.47
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.45
  • Annual Gross Income: 33444.0
  • Property Net Operating Income: 25100.0
  • Annual Operating Expense: 8344.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 10, 2024
Sold by
Rose Oconnell Living Trust and Flora Kenneth D
Bought by
Hieronimus Gordon W
Seller's Agent
Mark Trunk
RE/MAX Equity Group
Buyer's Agent
Dan Walters
Keller Williams Realty Portland Elite
List Price
$550,000
Sold Price
$527,500
Premium/Discount to List
-$22,500
-4.09%
Views
19
Current Estimated Value
$545,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,533
Avg. Annual Appreciation
1.11%

Purchase Details

Closed on
Jun 11, 2019
Sold by
Oconnell Rose A
Bought by
Rose Oconnell Living Trust

Purchase Details

Closed on
Aug 22, 2006
Sold by
Flora Kenneth D and Oconnell Rose A
Bought by
Flora Kenneth D and Oconnell Rose A

Purchase Details

Closed on
Jul 21, 2004
Sold by
Woodhouse James and Woodhouse Susan
Bought by
Flora Kenneth D and Oconnell Rose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,005
Interest Rate
6.27%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Hieronimus Gordon W $527,500 Ticor Title
Rose Oconnell Living Trust -- None Available
Flora Kenneth D -- Accommodation
Flora Kenneth D $194,450 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flora Kenneth D $175,005
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $527,500 -4.1% $330 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $550,000 -- $344 / 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 $4,457 $197,705 $0 $0
2022 $4,116 $191,947 $0 $0
2021 $3,972 $186,357 $0 $0
2020 $3,849 $180,930 $0 $0
2019 $3,791 $175,661 $0 $0
2018 $3,371 $170,545 $0 $0
2017 $3,275 $165,578 $0 $0
2016 $3,165 $160,755 $0 $0
2015 $3,014 $156,073 $0 $0
2014 $2,858 $151,527 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24404992

Regional Multiple Listing Service (RMLS)

APN: 00022237