NOT LISTED FOR SALE

4355 Riverview Ave West Linn, OR 97068

Sunset Neighborhood
3 Beds
2 Baths
-- Sq Ft
436 Sq Ft Lot

Last Sold October 09, 2015

Last sale price $1,270,000

79 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Storage
  • Sunset Primary School Rated A
  • Views
  • Landscaped with Trees

About This Home

As of October 2015

FIVE duplexes on SIX tax lots with a potential buildable lot in great West Linn location near schools and transit. Each unit is spacious: 3 bd/1.5 ba/1,200+sf. 2 parking spots/unit + 2 guest spots. Easy to manage, well-maintained buildings with recent capital improvements: roofs, siding, windows, paint, gutters, etc. Extremely low turnover. Current rents clearly under market. 6.7% CAP rate - could easily be higher.

Last Agent to Sell the Property

Michael McBarron

Windermere Realty Trust License #200303215 Listed on: 04/21/2015

Last Buyer's Agent

Darryn Foor

MORE Realty License #201001053

MORE Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • Corner Lot
  • Sloped Lot
  • Landscaped with Trees

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Storage
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Deck
  • Electric Water Heater

Community Details

  • 10 Units
  • Common Area

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

20

Listing Details

  • Property Category: MultiFamily
  • Stories: 3
  • Year Built: 1972
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished, Full Basement
  • Legal Description: Sec. 36, T. 2S, R. 1E, Quarter Ad. Lots 0100-0600 +
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Vinyl Siding, Wood Siding
  • Lot Size: 1 to 2.99 Acres
  • Roof Type: Flat
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 20
  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Common Amenities: Commons
  • Unit Features: Deck, Dishwasher, Range, Refrigerator

Schools

  • Elementary School: Sunset
  • Middle School: Rosemont Ridge
  • High School: West Linn

Lot Info

  • Lot Description: Commons, Corner, Sloped, Trees
  • Zoning: MFR

Tax Info

  • Tax Amount: 11123.55
  • Assessor Parcel Number: 00413948

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 11.16

MLS Schools

  • Elementary School: Sunset
  • High School: West Linn
  • Middle School: Rosemont Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2017
Sold by
Riverview Heights Llc
Bought by
Quadro Riverview Heights Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$419,773
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 21, 2015
Closed on
Oct 7, 2015
Sold by
Lorts Zack and Lorts Monica
Bought by
Riverview Heights Llc
Seller's Agent
Michael McBarron
Windermere Realty Trust
Buyer's Agent
Darryn Foor
MORE Realty
List Price
$1,250,000
Sold Price
$1,270,000
Premium/Discount to List
$20,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
3.78%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 17, 1999
Sold by
Meyer Andre and Meyer Kathleen
Bought by
Lorts Zack M and Lorts Monica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
7.75%
Mortgage Type
Commercial
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

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $1,270,000 +1.6% --
07/09/2015 07/09/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $1,250,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michael McBarron

    Windermere Realty Trust

  • Darryn Foor

    Buyer's Agent in 2015

    Darryn Foor

    MORE Realty

    (503) 740-6300

    21 Total Sales

    Darryn Foor
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15208564

Regional Multiple Listing Service (RMLS)

APN: 21E36AD00600

Oregon Clackamas County West Linn 97068 Sunset

4355 Riverview Ave, West Linn, OR

This home is located at 4355 Riverview Ave, West Linn, OR 97068 since 21 April 2015. This property was built in 1972. 4355 Riverview Ave is a home located in Clackamas County with nearby schools including Sunset Primary School, Rosemont Ridge Middle School, and West Linn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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