NOT LISTED FOR SALE

40180 Mccormick Dr Sandy, OR 97055

Estimated Value: $473,000 - $509,000

5 Beds
7 Baths
1,912 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $380,000 $199 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,015/month

3 Days on Market

Highlights

  • Attached Garage
  • Washer and Dryer
  • 1-Story Property
  • Parking Storage or Cabinetry
  • Level Lot

About This Home

As of April 2019

Wow! Great investment! 2 units that have been remodeled. Rent both units or live in one side and rent the other. Both units come with all the appliances. Remodeled and new landscaping. Both have separate fenced backyards. 2 bedroom unit is leased through June and would like to stay!

Last Agent to Sell the Property

Kim Wheeler

Keller Williams Realty Portland Elite License #200307061 Listed on: 02/21/2019

Keller Williams Realty Portland Elite

Co-Listed By

Kristina Molina

Keller Williams Realty Portland Elite License #201210605

Last Buyer's Agent

Debbie Price

The Broker Network, LLC License #951100076

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 9,278

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1912
  • Stories: 1
  • Year Built: 1978
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 2282 HIGHVIEW LT 2 BLK 1
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Schools

  • School Elementary2: Sandy

Lot Info

  • Lot Description: Level
  • Zoning: R2-4

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 3690.30
  • Assessor Parcel Number: 00663213
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.79

MLS Schools

  • Elementary School: Firwood
  • Middle School: Cedar Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Apr 2, 2019
Sold by
Frederickson Dominic
Bought by
Russell Larry and Russell Courtny
Seller's Agent
Kim Wheeler
Keller Williams Realty Portland Elite
Buyer's Agent
Debbie Price
The Broker Network, LLC
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
$504,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,842
Avg. Annual Appreciation
3.82%
Original Mortgage
$323,000
Outstanding Balance
$283,394
Interest Rate
4.3%
Estimated Equity
$206,446

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 26, 2016
Sold by
Fannie Mae
Bought by
Frederickson Dominic
Seller's Agent
Daniel Mal
Mal & Seitz
Buyer's Agent
Kim Wheeler
Keller Williams Realty Portland Elite
List Price
$264,600
Sold Price
$281,000
Premium/Discount to List
$16,400
6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$275,910
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2015
Sold by
Rotramel Dora E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 2, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 11, 2015
Sold by
Rotramel Dora E
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Sep 22, 2007
Sold by
Rotramel Karen
Bought by
Rotramel Dora E and Rotramel Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2006
Sold by
Rotramel Nora
Bought by
Rotramel Karen

Purchase Details

Closed on
Dec 2, 2005
Sold by
Rotramel Karen A
Bought by
Rotramel Dora

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
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2002
Sold by
Rotramel Dora E
Bought by
Rotramel Dora E and Rotramel Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 1995
Sold by
Mahin James
Bought by
Mahin James Earl and Mahin Ruth Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Russell Larry $380,000 First American Title
Frederickson Dominic $281,000 First American
Federal National Mortgage Association $200,209 None Available
Federal National Mortgage Association -- None Available
Nationstar Mortgage Llc $200,209 None Available
Rotramel Dora E -- Lsi
Rotramel Karen -- None Available
Rotramel Dora -- Fidelity National Title Co
Rotramel Dora E -- --
Rotramel Dora E $177,000 Oregon Title Insurance Co
Mahin James Earl -- --
Mahin Ruth Marie -- --
Mahin James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Larry $323,000
Previous Owner Frederickson Dominic $275,910
Previous Owner Rotramel Dora E $170,000
Previous Owner Rotramel Dora $135,000
Previous Owner Rotramel Dora E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2019 04/05/19 Sold $380,000 +1.3% $199 / Sq Ft
02/24/2019 02/24/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $375,000 +33.5% $196 / Sq Ft
05/31/2016 05/31/16 Sold $281,000 +6.2% $147 / Sq Ft View Prior Sale
04/21/2016 04/21/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $264,600 -- $138 / 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
2025 $4,497 $262,115 -- --
2024 $4,307 $254,481 -- --
2023 $4,307 $247,069 $0 $0
2022 $4,080 $239,873 $0 $0
2021 $3,940 $232,887 $0 $0
2020 $3,833 $226,104 $0 $0
2019 $3,797 $219,519 $0 $0
2018 $3,690 $213,125 $0 $0
2017 $3,601 $206,917 $0 $0
2016 $3,477 $200,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Wheeler

    Seller's Agent in 2019

    Kim Wheeler

    Keller Williams Realty Portland Elite

    (503) 320-9739

    22 in this area

    104 Total Sales

    Kim Wheeler
    Section Image
  • Kristina Molina

    Seller Co-Listing Agent in 2019

    Kristina Molina

    Keller Williams Realty Portland Elite

    (503) 668-3178

    34 in this area

    117 Total Sales

    Kristina Molina
    Section Image
  • Debbie Price

    Buyer's Agent in 2019

    Debbie Price

    The Broker Network, LLC

    (503) 312-1157

    4 in this area

    59 Total Sales

    Debbie Price
    Section Image
  • Daniel Mal

    Seller's Agent in 2016

    Daniel Mal

    Mal & Seitz

    (503) 667-1200

    2 in this area

    73 Total Sales

    Daniel Mal
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19215455

Regional Multiple Listing Service (RMLS)

APN: 00663213

Oregon Clackamas County Sandy 97055

40180 Mccormick Dr, Sandy, OR

Not Listed for Sale

MultiFamily

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