NOT LISTED FOR SALE

400 Beatrice Ave Gladstone, OR 97027

Estimated Value: $592,682 - $706,000

4 Beds
4 Baths
2,208 Sq Ft
$290/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $309,650 $140 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,098/month

14 Days on Market

About This Home

As of March 2014

Newer, well maintained duplex located in great neighborhood close to shopping, public transit & freeway access. 2 bedrooms & 1.5 baths in each unit. Gas forced air heat & water heaters. Gas fireplace in living room. Skylight in main bathrooms. Garages separate units so quiet for tenants. Low maintenance vinyl siding. Landscaped yard with auto sprinkler system. DO NOT DISTURB TENANTS-please write offer subject to interior inspection.

Last Agent to Sell the Property

Steven Thoele

Premiere Property Group, LLC License #200504466 Listed on: 01/07/2014

Premiere Property Group, LLC

Last Buyer's Agent

Terry Shumway

RE/MAX Equity Group License #890400138

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,705

Year Built

  • Built in 1998

Lot Details

  • 5,009

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Kitchen

  • Microwave
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Level Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,705

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2208
  • Stories: 2
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: 114 WEST GLADSTONE LT 20 BLK 4

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Microwave, Refrigerator, Washer/Dryer Hookup

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: R5

Tax Info

  • Tax Amount: 4704.07
  • Assessor Parcel Number: 00541257

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.53

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2014
Closed on
Mar 14, 2014
Sold by
Mash Larry L
Bought by
Marsh Larry L and Larry L Marsh Living Trust
Seller's Agent
Steven Thoele
Premiere Property Group, LLC
Buyer's Agent
Terry Shumway
RE/MAX Equity Group
List Price
$315,000
Sold Price
$309,650
Premium/Discount to List
-$5,350
-1.7%
Current Estimated Value
$640,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,271
Avg. Annual Appreciation
6.44%
Original Mortgage
$135,000
Outstanding Balance
$102,512
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$529,560

Purchase Details

Listed on
Jan 7, 2014
Closed on
Feb 28, 2014
Sold by
Barth Gary and Barth Leslie Doreen
Bought by
Marsh Larry L
Seller's Agent
Steven Thoele
Premiere Property Group, LLC
Buyer's Agent
Terry Shumway
RE/MAX Equity Group
List Price
$315,000
Sold Price
$309,650
Premium/Discount to List
-$5,350
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$102,512
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$529,560

Purchase Details

Closed on
Mar 11, 2011
Sold by
Gdb Properties Llc
Bought by
Barth Gary and Barth Leslie Doreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,350
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2006
Sold by
Barth Gary M and Barth Leslie D
Bought by
Gdb Properties Llc

Purchase Details

Closed on
May 8, 2006
Sold by
Spainhower Kathleen D and Spainhower Victor C
Bought by
Barth Gary M and Barth Leslie Doreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 1999
Sold by
Austin Robert G and Austin Nancy R
Bought by
Spainhower Kathleen D and Spainhower Victor C

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
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 1998
Sold by
The Robert G Austin Co Ltd
Bought by
Austin Robert G and Austin Nancy R

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
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 1998
Sold by
Hofmann Jerry A and Hofmann Judy M
Bought by
The Robert G Austin Co Ltd
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
Marsh Larry L -- Accommodation
Marsh Larry L $309,650 Stewart Title
Barth Gary -- Accommodation
Gdb Properties Llc -- First American
Barth Gary M $325,000 First American
Spainhower Kathleen D $240,000 First American Title Co
Austin Robert G -- Pacific Nw Title
The Robert G Austin Co Ltd $54,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh Larry L $135,000
Previous Owner Barth Gary $253,350
Previous Owner Barth Gary M $260,000
Previous Owner Spainhower Kathleen D $192,000
Previous Owner Austin Robert G $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $309,650 -1.7% $140 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $315,000 -- $143 / 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 $6,705 $322,620 $0 $0
2022 $6,236 $313,224 $0 $0
2021 $6,006 $304,101 $0 $0
2020 $5,863 $295,244 $0 $0
2019 $5,795 $286,645 $0 $0
2018 $5,584 $278,296 $0 $0
2017 $5,417 $270,190 $0 $0
2016 $5,239 $262,320 $0 $0
2015 $5,066 $254,680 $0 $0
2014 $4,927 $247,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14190350

Regional Multiple Listing Service (RMLS)

APN: 00541257