NOT LISTED FOR SALE

4515 SW Garden Home Rd Unit 4517 Portland, OR 97219

Multnomah Neighborhood

Estimated Value: $549,000 - $694,000

4 Beds
2 Baths
1,477 Sq Ft
$429/Sq Ft Est. Value

Last Sold February 23, 2016

Last sale price $427,000 $289 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,956/month

11 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Maplewood Elementary School Rated 10
  • Property is near a bus stop
  • Wood Siding

About This Home

As of February 2016

Great investment opportunity in amazing location! Newly remodeled duplex. Use it as a rental, or move-in to one unit and let someone else pay half of your mortgage! Private/locked common entry with mail. Each unit has private attached garage, fenced yard and deck. Steps to public transit and super easy access to Multnomah Village & Gabriel Park.

Last Agent to Sell the Property

Kevin Mapes

Keller Williams Sunset Corridor License #200607154 Listed on: 12/29/2015

Keller Williams Sunset Corridor

Last Buyer's Agent

Sarah Halton

Where, Inc License #201205913

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,842

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,477 Sq Ft Home
  • 2-Story Property

Location

  • Property is near a bus stop

Schools

  • Maplewood Elementary School
  • Gray Middle School
  • Wilson High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R247914

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $9,442
  • Gross Income $3,758
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,842

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1950
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level, OnBusline
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Maplewood
  • High School: Wilson
  • Middle Or Junior School: Gray

Lot Info

  • Zoning: R2
  • Parcel #: R247914

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 110.43
  • Annual Gross Income: 3758.0
  • Property Net Operating Income: 13200.0
  • Annual Operating Expense: 9442.0

Tax Info

  • Tax Annual Amount: 4842.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Sosnovec Patricia and Sosnovec Milan
Bought by
Sosnovec Family Trust and Sosnovec
Current Estimated Value
$633,745

Purchase Details

Listed on
Dec 29, 2015
Closed on
Feb 18, 2016
Sold by
Schubert Charles
Bought by
Sosnovec Patricia and Sosnovec Milan
Seller's Agent
Kevin Mapes
Keller Williams Sunset Corridor
Buyer's Agent
Sarah Halton
Where, Inc
List Price
$415,000
Sold Price
$427,000
Premium/Discount to List
$12,000
2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%

Purchase Details

Closed on
May 10, 2014
Sold by
Schubert Charles
Bought by
Schubert Charles and Charles J Schubert Revocable Living Trus

Purchase Details

Closed on
Aug 19, 2004
Sold by
Dement Kimberly K
Bought by
Schubert Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,950
Interest Rate
5.97%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 28, 1999
Sold by
Dement Kimberly K
Bought by
Smith Steven and Dement Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1995
Sold by
Pacific Northwest Development Corp
Bought by
Dement Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 1995
Sold by
Roberts Donald K
Bought by
Pacific Northwest Development Corp
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
Sosnovec Family Trust -- None Listed On Document
Sosnovec Patricia $427,000 Ticor Title Company
Schubert Charles -- None Available
Schubert Charles $267,000 Ticor Title Insurance Compan
Smith Steven -- Ticor Title Insurance
Dement Kimberly K $175,000 Fidelity National Title Co
Pacific Northwest Development Corp $109,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schubert Charles $226,950
Previous Owner Smith Steven $160,000
Previous Owner Dement Kimberly K $131,200
Closed Dement Kimberly K $26,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2016 02/23/16 Sold $427,000 +2.9% $289 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $415,000 -- $281 / 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 $7,148 $267,410 -- --
2023 $7,148 $259,630 $0 $0
2022 $6,725 $252,070 $0 $0
2021 $6,611 $244,730 $0 $0
2020 $6,064 $237,610 $0 $0
2019 $5,841 $230,690 $0 $0
2018 $5,670 $223,980 $0 $0
2017 $5,434 $217,460 $0 $0
2016 $4,973 $211,130 $0 $0
2015 $4,842 $204,990 $0 $0
2014 $4,769 $199,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15013954

Regional Multiple Listing Service (RMLS)

APN: R247914