NOT LISTED FOR SALE

Estimated Value: $1,719,216

-- Bed
3 Baths
4,660 Sq Ft
$369/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $1,660,000 $356 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,777/month

Highlights

  • RV Access or Parking
  • Air Conditioning
  • Secured Garage or Parking
  • Arleta Elementary School Rated 9+
  • Security Gate
  • 4-minute walk to Kern Park

About This Home

As of December 2021

Wonderful commercial/mixed in desirable FoPo neighborhood! Ideal for multi-purpose business/rental income. 1st floor w/15' ceilings, office spaces, showroom, creative space, conference room, kitchenette, full bath, mezzanine storage & warehouse. Upper floor has 2 spacious Pearl style loft apartments w/ss apps, AC, & private balconies. Renovated & seismic upgrade in 2002, exterior paint in 2019, 4-5 car gated parking, close to food & shops. Take advantage of owner occupied space w/passive income!

Last Agent to Sell the Property

Ariel Sasser

Property Group NW License #201205525 Listed on: 10/29/2021

Last Buyer's Agent

Ariel Sasser

Property Group NW License #201205525 Listed on: 10/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,947

Year Built

  • Built in 1913 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Slab Foundation
  • Lap Siding
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer
  • Dishwasher

Home Security

  • Security System Owned
  • Security Gate

Parking

  • Secured Garage or Parking
  • RV Access or Parking

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,947

Year Built

Built in 1913 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4660
  • Stories: 2
  • Year Built: 1913
  • Property Condition: Updated/Remodeled
  • Remarks Public: Wonderful commercial/mixed in desirable FoPo neighborhood! Ideal for multi-purpose business/rental income. 1st floor w/15' ceilings, office spaces, showroom, creative space, conference room, kitchenette, full bath, mezzanine storage & warehouse. Upper floor has 2 spacious Pearl style loft apartments w/ss apps, AC, & private balconies. Renovated & seismic upgrade in 2002, exterior paint in 2019, 4-5 car gated parking, close to food & shops. Take advantage of owner occupied space w/passive income!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ARLETA PK 3, BLOCK 7, LOT 9
  • Basement: None

Exterior Features

  • Exterior Description: Block, Lap Siding
  • Lot Size: 3K-4,999SF
  • Roof Type: Flat
  • Foundation Details: Slab
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Secured, RV Access/Parking

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Cable
  • Security: Security Gate, Security System Owned

Condo/Co-op/Association

  • Unit Features: Dishwasher, Refrigerator, Storage, Washer/Dryer, Air Conditioning

Schools

  • Elementary School: Arleta
  • High School: Franklin

Lot Info

  • Lot Description: Level
  • Zoning: CM2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6742.38
  • Assessor Parcel Number: R108441
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Arleta
  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 27, 2021
Sold by
Tinman Properties Llc
Bought by
Khm Investments Llc
Seller's Agent
Ariel Sasser
Property Group NW
Buyer's Agent
Ariel Sasser
Property Group NW
List Price
$1,760,000
Sold Price
$1,660,000
Premium/Discount to List
-$100,000
-5.68%
Current Estimated Value
$1,719,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,216
Avg. Annual Appreciation
0.93%

Purchase Details

Closed on
Nov 24, 2003
Sold by
Eckelman Properties Llc
Bought by
Tinman Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2001
Sold by
West Coast Investments Inc
Bought by
Eckelman Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 1995
Sold by
Parsons John B and Parsons Madeline
Bought by
West Coast Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
7.88%
Mortgage Type
Seller Take Back
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
Khm Investments Llc $1,660,000 First American Title
Tinman Properties Llc -- Fidelity Natl Title Co Of Or
Eckelman Properties Llc $225,000 First American
West Coast Investments Inc $93,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tinman Properties Llc $400,000
Previous Owner Eckelman Properties Llc $216,000
Previous Owner West Coast Investments Inc $83,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $1,660,000 -5.7% $356 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $1,760,000 -- $378 / 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 $7,947 $297,020 -- --
2023 $7,641 $288,370 $0 $0
2022 $7,476 $279,980 $0 $0
2021 $7,350 $271,830 $0 $0
2020 $6,742 $263,920 $0 $0
2019 $6,495 $256,240 $0 $0
2018 $6,304 $248,780 $0 $0
2017 $6,042 $241,540 $0 $0
2016 $5,529 $234,510 $0 $0
2015 $5,384 $227,680 $0 $0
2014 $5,303 $221,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21239337

Regional Multiple Listing Service (RMLS)

APN: R108441