NOT LISTED FOR SALE

Estimated Value: $663,130 - $807,000

6 Beds
12 Baths
3,918 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 16, 2015

Last sale price $380,000 $97 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,859/month

1 Day on Market

Highlights

  • Territorial View
  • Landscaped with Trees
  • 3 Car Garage
  • Sunset Primary School Rated A
  • Baseboard Heating
  • Wood Siding

About This Home

As of July 2015

Rare West Linn TRI-PLEX opportunity!! Three two-level units with peaking views of mountains and river in prime West Linn Location. Each unit has cozy Fireplace, Light living rooms, Balcony, Single Garage. And Covered exterior spaces for Happy Owners and Tenants.--NO SIGN--PLEASE DO NOT DISTURB TENANTS--

Last Agent to Sell the Property

Amy Donaldson

Resettle Realty License #200603137 Listed on: 03/16/2015

Last Buyer's Agent

Heather Allred Jones

Robbins Realty Group License #201212096

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,539

Year Built

  • Built in 1978

Lot Details

  • Sloped Lot
  • Landscaped with Trees

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 3,918 Sq Ft Home
  • 2-Story Property
  • Territorial Views
  • Finished Basement
  • Natural lighting in basement

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00576237

Community Details

Overview

  • 3 Units
  • Sunset Subdivision

Building Details

  • Operating Expense $5,538
  • Gross Income $37,200
  • Net Operating Income $31,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,539

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1978
  • Property Condition: Converted
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Finished
  • Storage: Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Cedar,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: Sloped, Trees
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Garage, Paved
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

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

Schools

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

Lot Info

  • Zoning: R
  • Parcel #: 00576237

Green Features

  • Green Certification: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 10.73
  • Annual Gross Income: 37200.0
  • Property Net Operating Income: 31662.0
  • Annual Operating Expense: 5538.0

Tax Info

  • Tax Annual Amount: 5538.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2015
Closed on
Jun 26, 2015
Sold by
Lakeman Derrick E and Lakeman Marianne
Bought by
Johnson Cameron K and Arzt Anna
Seller's Agent
Amy Donaldson
Resettle Realty
Buyer's Agent
Heather Allred Jones
Robbins Realty Group
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Current Estimated Value
$752,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,033
Avg. Annual Appreciation
8.04%
Original Mortgage
$270,000
Outstanding Balance
$215,113
Interest Rate
3.85%
Mortgage Type
Commercial
Estimated Equity
$603,729

Purchase Details

Closed on
Aug 4, 2004
Sold by
Weber Lester C
Bought by
Lakeman Derrick E and Lakeman Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,966
Interest Rate
6.24%
Mortgage Type
Commercial
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
Johnson Cameron K $360,000 Stewart Title
Lakeman Derrick E $305,600 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Cameron K $270,000
Previous Owner Lakeman Derrick E $233,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2015 07/16/15 Sold $380,000 -4.8% $97 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $399,000 -- $102 / 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 $8,041 $408,608 $0 $0
2022 $7,590 $396,707 $0 $0
2021 $7,205 $385,153 $0 $0
2020 $7,254 $373,935 $0 $0
2019 $6,918 $363,044 $0 $0
2018 $6,609 $352,470 $0 $0
2017 $6,352 $342,204 $0 $0
2016 $6,188 $332,237 $0 $0
2015 $6,011 $322,560 $0 $0
2014 -- $313,165 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15217681

Regional Multiple Listing Service (RMLS)

APN: 00576237