NOT LISTED FOR SALE

40100 Mccormick Dr Sandy, OR 97055

Estimated Value: $459,000 - $503,000

4 Beds
4 Baths
2,200 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $345,000 $157 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,903/month

3 Days on Market

Highlights

  • Wood Flooring
  • Views
  • Garage
  • Fireplace
  • Parking Storage or Cabinetry
  • Level Lot

About This Home

As of September 2019

Fantastic location and investment opportunity. long term tenants on month to month with tremendous upside potential. 1 unit w/ updates throughout. Other is a blank canvas. Would make a great owner occupied investment property. Each unit includes 1 car garage, 1.5 bath, 2 bed, private fenced backyard, washer/dryer hookups, fireplace and vaulted master.

Last Agent to Sell the Property

Alexander Clark

Keller Williams Realty Portland Premiere License #200601081 Listed on: 07/30/2019

Keller Williams Realty Portland Premiere

Co-Listed By

Peter Clark

Keller Williams Realty Portland Premiere License #890300108

Last Buyer's Agent

Robert Montgomery

Berkshire Hathaway HomeServices NW Real Estate License #201214162

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,998

Year Built

  • Built in 1978

Lot Details

  • Level Lot

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Assigned Parking

Home Design

  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,998

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2200
  • Stories: 1
  • Year Built: 1978
  • Property Condition: Approximately
  • Remarks Public: Fantastic location and investment opportunity. long term tenants on month to month with tremendous upside potential. 1 unit w/ updates throughout. Other is a blank canvas. Would make a great owner occupied investment property. Each unit includes 1 car garage, 1.5 bath, 2 bed, private fenced backyard, washer/dryer hookups, fireplace and vaulted master.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 2282 HIGHVIEW LT 5 BLK 2
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Assigned, Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Washer/Dryer Hookup, Wood Floors

Schools

  • Elementary School: Sandy
  • Middle School: Cedar Ridge
  • High School: Sandy

Lot Info

  • Lot Description: Level
  • Zoning: sfr

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3424.93
  • Assessor Parcel Number: 00663179
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.89

MLS Schools

  • Elementary School: Sandy
  • High School: Sandy
  • Middle School: Cedar Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Montgomery Michael Steven
Bought by
Montgomery Michael Norbert and Dodson Dora D
Current Estimated Value
$475,326

Purchase Details

Closed on
Apr 14, 2020
Sold by
Dodson Dora D
Bought by
Montgomery Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2020
Sold by
Dodson John and Dodson Cecile
Bought by
Montgomery Michael Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2019
Closed on
Sep 19, 2019
Sold by
Rude Joshua B and Rude Angela D
Bought by
Montgomery Michael Steven and Dodson John
Seller's Agent
Alexander Clark
Keller Williams Realty Portland Premiere
Buyer's Agent
Robert Montgomery
Berkshire Hathaway HomeServices NW Real Estate
List Price
$365,000
Sold Price
$345,000
Premium/Discount to List
-$20,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$258,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2009
Sold by
Rude Dalton H and Rude Barbara
Bought by
Rude Joshua B and Rude Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2008
Sold by
Solso Daniel R and Solso Linda A
Bought by
Rude Joshua B and Rude Angela D

Purchase Details

Closed on
May 23, 2003
Sold by
Kasch Thomas N
Bought by
Solso Daniel R and Solso Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,218
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2001
Sold by
Kasch Thomas N and Kasch Marilyn H
Bought by
Kasch Thomas N
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
Montgomery Michael Norbert -- None Listed On Document
Montgomery Robert G -- Accommodation
Montgomery Michael Steven -- Accommodation
Montgomery Michael Steven $345,000 Ticor Title Company Of Or
Rude Joshua B -- Stewart
Rude Joshua B $240,000 Transnation Title Agency Or
Solso Daniel R $175,000 First Amer Title Ins Co Of O
Kasch Thomas N -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montgomery Michael Steven $262,500
Previous Owner Montgomery Michael Steven $258,750
Previous Owner Rude Joshua B $187,500
Previous Owner Solso Daniel R $133,218
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $345,000 -5.5% $157 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $365,000 -- $166 / 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 $3,998 $236,180 -- --
2023 $3,998 $229,301 $0 $0
2022 $3,787 $222,623 $0 $0
2021 $3,657 $216,139 $0 $0
2020 $3,557 $209,844 $0 $0
2019 $3,524 $203,733 $0 $0
2018 $3,425 $197,799 $0 $0
2017 $3,342 $192,038 $0 $0
2016 $3,227 $186,445 $0 $0
2015 $3,135 $181,015 $0 $0
2014 $3,053 $175,743 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19127838

Regional Multiple Listing Service (RMLS)

APN: 00663179