NOT LISTED FOR SALE

4911 SW Beaverton Hillsdale Hwy Portland, OR 97221

Bridlemile Neighborhood

Estimated Value: $477,321 - $526,000

6 Beds
3 Baths
2,496 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $475,000 $190 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,443/month

Highlights

  • Home fronts a creek
  • Deck
  • Baseboard Heating
  • Bridlemile Elementary School Rated A-

About This Home

As of September 2022

Opportunity to purchase cash flowing triplex in desirable Raleigh Hills neighborhood. All three units have had updates completed throughout. Three identical units comprising of two bedrooms one bath upstairs, living room, kitchen and back deck on lower level. One unit just became vacant and could make for a great owner occupant investment. Each unit gets two parking spots. All tenants are current.

Last Agent to Sell the Property

Ian Crist

Bridge Creek Realty License #201220465 Listed on: 02/04/2022

Last Buyer's Agent

Michelle McCabe

Windermere Realty Trust License #201209934

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,595

Year Built

  • Built in 1978

Lot Details

  • Home fronts a creek
  • Sloped Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property

Parking

  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Deck

Schools

  • West Sylvan Middle School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R160440

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $15,120
  • Gross Income $50,400
  • Net Operating Income $35,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,595

Year Built

Built in 1978

Lot Details

0

Listing Details

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

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Waterfront: Yes
  • Foundation Details: PillarPostPier
  • View: No
  • Lot Features: Sloped
  • Road Surface Type: Concrete, Gravel
  • Water Body Name: Fano Creek
  • Waterfront Features: Creek
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Paved
  • Attached Garage: No

Utilities

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

Schools

  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: R2
  • Parcel #: R160440

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 7594.88

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 10.62
  • Annual Gross Income: 50400.0
  • Property Net Operating Income: 35280.0
  • Annual Operating Expense: 15120.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Oct 26, 2022
Sold by
Chuang Patrick
Bought by
Tigers Eye Properties Llc
Seller's Agent
Ian Crist
Bridge Creek Realty
Buyer's Agent
Michelle McCabe
Windermere Realty Trust
List Price
$535,000
Sold Price
$475,000
Premium/Discount to List
-$60,000
-11.21%
Current Estimated Value
$506,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,330
Avg. Annual Appreciation
2.24%

Purchase Details

Listed on
Feb 4, 2022
Closed on
Sep 14, 2022
Sold by
Alex Peterson
Bought by
Chuang Patrick Ching Hsiang
Seller's Agent
Ian Crist
Bridge Creek Realty
Buyer's Agent
Michelle McCabe
Windermere Realty Trust
List Price
$535,000
Sold Price
$475,000
Premium/Discount to List
-$60,000
-11.21%

Purchase Details

Listed on
Oct 2, 2015
Closed on
Nov 18, 2015
Sold by
Nozoe Malcolm J
Bought by
Peterson Alex and Peterson Candice
Seller's Agent
Benjamin Ficker
Keller Williams Sunset Corridor
Buyer's Agent
Seann Bates
The Alpine Group, Inc.
List Price
$359,000
Sold Price
$351,500
Premium/Discount to List
-$7,500
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Nov 17, 2005
Sold by
Rask Trevor
Bought by
Nozoe Malcolm J and Nozoe Neal G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.97%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 20, 2003
Sold by
Brunell Ronald D
Bought by
Rask Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,100
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2000
Sold by
Brunell Ronald D
Bought by
Brunell Ronald D and Brunell Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
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
Tigers Eye Properties Llc -- Lawyers Title
Chuang Patrick Ching Hsiang $475,000 --
Peterson Alex $351,500 Ticor Title Company
Nozoe Malcolm J $317,500 First American
Rask Trevor $207,463 Multiple
Brunell Ronald D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Alex $380,000
Previous Owner Peterson Alex $279,750
Previous Owner Nozoe Malcolm J $123,222
Previous Owner Nozoe Malcolm J $135,000
Previous Owner Rask Trevor $166,100
Previous Owner Brunell Ronald D $163,500
Closed Rask Trevor $41,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $475,000 -11.2% $190 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $535,000 0.0% $214 / Sq Ft
06/24/2022 06/24/22 For Sale $535,000 -14.4% $214 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $625,000 0.0% $250 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $625,000 0.0% $250 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $625,000 +77.8% $250 / Sq Ft
12/14/2015 12/14/15 Sold $351,500 -2.1% $141 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $359,000 -- $144 / 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 $8,952 $334,910 -- --
2023 $8,608 $325,160 $0 $0
2022 $8,422 $315,690 $0 $0
2021 $8,279 $306,500 $0 $0
2020 $7,595 $297,580 $0 $0
2019 $7,316 $288,920 $0 $0
2018 $7,101 $280,510 $0 $0
2017 $6,805 $272,340 $0 $0
2016 $6,228 $264,410 $0 $0
2015 $5,779 $256,710 $0 $0
2014 $5,467 $249,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22408048

Regional Multiple Listing Service (RMLS)

APN: R160440