NOT LISTED FOR SALE

Estimated Value: $526,000 - $584,000

4 Beds
2 Baths
1,560 Sq Ft
$358/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $365,000 $234 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,523/month

6 Days on Market

Highlights

  • Storage
  • Zoned Heating
  • 1-Story Property
  • Cleveland High School Rated A-
  • Level Lot

About This Home

As of August 2018

Solid bread and butter duplex(es), close in SE PDX. Off multiple bus lines, close to many walkable shops and parks. Building(s) are single level, with units featuring private and fully fenced patio-yards. New exterior paint, and many updates in all units. Please do not walk on the property nor disturb the tenants.

Last Agent to Sell the Property

Chris Johnson

CORE, Realtors License #930700182 Listed on: 07/30/2018

Last Buyer's Agent

Jamie Alves

eXp Realty, LLC License #200404229

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,530

Year Built

  • Built in 1979

Lot Details

  • Level Lot

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Parking

  • Paved Parking
  • Open Parking

Schools

  • Grout Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R139523

Community Details

Overview

  • 2 Units
  • Creston Kenilworth Subdivision

Building Details

  • Gross Income $29,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,530

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1979
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R2
  • Parcel #: R139523

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 4530.38

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.3
  • Annual Gross Income: 29880.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2022
Sold by
Bailey Eliza Loraine
Bought by
Kb Investment Group Llc
Current Estimated Value
$556,108

Purchase Details

Closed on
Jan 17, 2019
Sold by
Bailey Ellza Loraine
Bought by
Kb Investment Group Llc

Purchase Details

Listed on
Jul 30, 2018
Closed on
Aug 22, 2018
Sold by
Pacific Pine Property Llc
Bought by
Bailey Eliza Loraine
Seller's Agent
Chris Johnson
CORE, Realtors
Buyer's Agent
Jamie Alves
eXp Realty, LLC
List Price
$397,500
Sold Price
$365,000
Premium/Discount to List
-$32,500
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$255,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2008
Sold by
Freeman Christopher J
Bought by
Pacific Pine Property Llc

Purchase Details

Closed on
Jan 10, 2005
Sold by
Rustin Miles D
Bought by
Freeman Christopher J and Freeman Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2003
Sold by
Fritz Gordon W
Bought by
Rusth Miles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1999
Sold by
Fritz Gordon W
Bought by
Rusth Miles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.97%
Mortgage Type
Seller Take Back
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
Kb Investment Group Llc -- --
Kb Investment Group Llc -- Accommodation
Bailey Eliza Loraine $365,000 Lawyers Title
Pacific Pine Property Llc -- None Available
Freeman Christopher J $174,300 Stewart
Rusth Miles D $140,000 Multiple
Rusth Miles D $140,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Eliza Loraine $252,500
Previous Owner Bailey Eliza Loraine $255,500
Previous Owner Freeman Christopher J $139,400
Previous Owner Rusth Miles D $136,500
Previous Owner Rusth Miles D $101,500
Closed Freeman Christopher J $26,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $365,000 -8.2% $234 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $397,500 -- $255 / 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 $5,730 $216,230 $0 $0
2022 $5,606 $209,940 $0 $0
2021 $5,511 $203,830 $0 $0
2020 $5,056 $197,900 $0 $0
2019 $4,870 $192,140 $0 $0
2018 $4,727 $186,550 $0 $0
2017 $4,530 $181,120 $0 $0
2016 $4,146 $175,850 $0 $0
2015 $4,037 $170,730 $0 $0
2014 $3,976 $165,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18249110

Regional Multiple Listing Service (RMLS)

APN: R139523