NOT LISTED FOR SALE

4900 SW Slavin Rd Unit 4902 Portland, OR 97239

South Portland Neighborhood

Estimated Value: $537,000 - $664,000

5 Beds
2 Baths
1,700 Sq Ft
$347/Sq Ft Est. Value

Last Sold April 12, 2016

Last sale price $429,900 $253 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,746/month

3 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Landscaped with Trees
  • Capitol Hill Elementary School Rated 9+

About This Home

As of April 2016

RARE, hard to find Duplex in popular Johns Landing area, close to OHSU and downtown. Great owner occupied or investor property. 4900-upper 3/1 approx 900 sf, 4902-lower 2/1 approx. 800sf. Partial basement has storage and shared washer/dryer for units. For more information contact your agent, please Do Not Disturb Tenants.

Last Agent to Sell the Property

Harold Van Prooyen

John L. Scott License #199912064 Listed on: 03/03/2016

Last Buyer's Agent

Nicola Lewis

Latitude Realty LLC License #200611235

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,311

Year Built

  • Built in 1942

Lot Details

  • Corner Lot
  • Sloped Lot
  • Landscaped with Trees

Parking

  • Open Parking

Home Design

  • Stucco Exterior

Interior Spaces

  • 3-Story Property
  • Basement Storage

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Deck
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,311

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1700
  • Stories: 3
  • Year Built: 1942
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Partial Basement, Storage Space
  • Legal Description: SECTION 15 1S 1E, TL 6000 0.09 ACRES
  • Storage: Basement

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Parking Description: Open

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Capitol Hill
  • Middle School: Jackson
  • High School: Wilson

Lot Info

  • Lot Description: Corner, Sloped, Trees
  • Zoning: R2

Tax Info

  • Tax Amount: 4712.91
  • Assessor Parcel Number: R328495

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.18

MLS Schools

  • Elementary School: Capitol Hill
  • High School: Wilson
  • Middle School: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Apr 5, 2016
Sold by
Williams Matthew
Bought by
Tong Betsy Q and Betsy Q Tong Revocable Family Trust
Seller's Agent
Harold Van Prooyen
John L. Scott
Buyer's Agent
Nicola Lewis
Latitude Realty LLC
List Price
$409,900
Sold Price
$429,900
Premium/Discount to List
$20,000
4.88%
Current Estimated Value
$589,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,506
Avg. Annual Appreciation
3.38%
Original Mortgage
$322,425
Outstanding Balance
$255,641
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$333,765

Purchase Details

Closed on
Feb 15, 2005
Sold by
Shollenberger Robert A and Shollenberger Ragna
Bought by
Law Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2003
Sold by
Shollenberger Robert A
Bought by
Williams Matthew and Williams Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
5.15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 25, 1999
Sold by
Lincoln Investments Llc
Bought by
Shollenberger Robert A and Shollenberger Ragna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.78%

Purchase Details

Closed on
Sep 19, 1997
Sold by
Mason Sandra
Bought by
Shollenberger Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,400
Interest Rate
7.45%
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
Tong Betsy Q $429,900 First American
Law Robert M $64,000 Lawyers Title Ins
Williams Matthew $233,000 Ticor Title Insurance Compan
Shollenberger Robert A -- Oregon Title Insurance Co
Shollenberger Robert A $195,500 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Betsy Q $322,425
Previous Owner Law Robert M $65,000
Previous Owner Williams Matthew $186,400
Previous Owner Shollenberger Robert A $164,000
Previous Owner Shollenberger Robert A $156,400
Closed Williams Matthew $46,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2016 04/12/16 Sold $429,900 +4.9% $253 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $409,900 -- $241 / 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 $7,311 $273,510 -- --
2023 $7,030 $265,550 $0 $0
2022 $6,878 $257,820 $0 $0
2021 $6,762 $250,320 $0 $0
2020 $6,203 $243,030 $0 $0
2019 $5,975 $235,960 $0 $0
2018 $5,799 $229,090 $0 $0
2017 $5,558 $211,650 $0 $0
2016 $4,840 $205,490 $0 $0
2015 $4,713 $199,510 $0 $0
2014 $4,631 $193,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16106944

Regional Multiple Listing Service (RMLS)

APN: R328495