NOT LISTED FOR SALE

4435 SE Johnson Creek Blvd Milwaukie, OR 97222

Lewelling Neighborhood

Estimated Value: $555,000 - $632,591

3 Beds
2 Baths
1,725 Sq Ft
$347/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $606,700 $352 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,647/month

16 Days on Market

Highlights

  • RV Access or Parking
  • Level Lot
  • Wall Furnace
  • 4 Car Attached Garage
  • Wood Siding
  • 5-minute walk to Errol Heights Park

About This Home

As of September 2023

An investors dream! A great investment opportunity to acquire this remodeled duplex in Milwaukie! Sitting on a large .45 acre lot, this property has the potential for so much more - build an additional duplex or just rent out and cash flow with with the existing duplex. Tenants have a big yard to build a garden, spend time with family, or just run around the usable space. Each unit has 2 beds & 1 bath with an open floor plan, newer appliances and their own washer and dryer hook-ups. There are two different driveways for tenant parking where each party can enjoy their own space and privacy. This property is a must see! Call listing agent with any questions!

Last Agent to Sell the Property

A.J Contreras-Peraza

Real Broker Brokerage Phone: 503-779-9377 License #201225069 Listed on: 08/23/2023

Real Broker

Co-Listed By

Jack Waddle

Keller Williams Realty Portland Elite Brokerage Phone: 503-779-9377 License #201223373

Last Buyer's Agent

Matt Ortiz

ORMACK Realty, INC. License #201210095

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • Level Lot

Parking

  • 4 Car Attached Garage
  • RV Access or Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,725 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Schools

  • Ardenwald Elementary School
  • Rowe Middle School
  • Milwaukie High School

Utilities

  • No Cooling
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00070782

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $27,600
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,224

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1964
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Storage: Garage
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, Sloped
  • Road Surface Type: Gravel, Unimproved
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, RVAccessParking
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

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

Schools

  • Elementary School: Ardenwald
  • High School: Milwaukie
  • Middle Or Junior School: Rowe

Lot Info

  • Zoning: RS
  • Parcel #: 00070782

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4223.98

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 23.19
  • Annual Gross Income: 27600.0
  • Property Net Operating Income: 27600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 29, 2023
Sold by
Duperrier Junior F
Bought by
Lacy Marcus E
Seller's Agent
A.J Contreras-Peraza
Real Broker
Buyer's Agent
Matt Ortiz
ORMACK Realty, INC.
List Price
$640,000
Sold Price
$606,700
Premium/Discount to List
-$33,300
-5.2%
Views
17
Current Estimated Value
$599,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,302
Avg. Annual Appreciation
-2.59%
Original Mortgage
$595,710
Outstanding Balance
$586,628
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
-$9,384

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 16, 2022
Sold by
David Snow
Bought by
Duperrier Junior F
Seller's Agent
Jessie Isaksen
Thoroughbred Real Estate Group Inc
Buyer's Agent
A.J Contreras-Peraza
Real Broker
List Price
$420,000
Sold Price
$405,000
Premium/Discount to List
-$15,000
-3.57%
Views
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
48.62%
Original Mortgage
$416,955
Interest Rate
4.99%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 17, 2021
Sold by
Snow and Leaann
Bought by
Snow David and Snow Leaann

Purchase Details

Closed on
Aug 3, 2006
Sold by
Snow Kenneth C and Snow Frances E
Bought by
Snow David and Snow Leann

Purchase Details

Closed on
Jul 30, 1997
Sold by
Tefelski David A
Bought by
Snow David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,186
Interest Rate
7.58%
Mortgage Type
FHA
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
Lacy Marcus E $606,700 Lawyers Title
Duperrier Junior F $405,000 New Title Company Name
Snow David $98,000 None Listed On Document
Snow David -- Ticor Title Insurance Compan
Snow David $133,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacy Marcus E $595,710
Previous Owner Duperrier Junior F $416,955
Previous Owner Snow David $131,186
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $606,700 -5.2% $352 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $640,000 +58.0% $371 / Sq Ft
09/20/2022 09/20/22 Sold $405,000 -3.6% $235 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $420,000 0.0% $243 / Sq Ft
08/17/2022 08/17/22 For Sale $420,000 +3.7% $243 / Sq Ft
08/16/2022 08/16/22 Off Market $405,000 -- --
06/29/2022 06/29/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $450,000 -- $261 / 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 $4,574 $202,884 $0 $0
2022 $4,224 $196,975 $0 $0
2021 $4,076 $191,238 $0 $0
2020 $3,949 $185,668 $0 $0
2019 $3,890 $180,261 $0 $0
2018 $3,459 $175,011 $0 $0
2017 $3,361 $169,914 $0 $0
2016 $3,248 $164,965 $0 $0
2015 $3,093 $160,160 $0 $0
2014 $2,933 $155,495 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23499157

Regional Multiple Listing Service (RMLS)

APN: 00070782