NOT LISTED FOR SALE

4920 SW Franklin Ave Beaverton, OR 97005

Downtown Beaverton Neighborhood

Estimated Value: $771,000 - $1,606,155

4 Beds
2 Baths
3,320 Sq Ft
$322/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $1,500,000 $452 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $6,787/month

57 Days on Market

Highlights

  • Corner Lot
  • Lap Siding
  • 4-minute walk to Beaverton City Park
  • Storage

About This Home

As of November 2021

2 buildings w/8 units total & parking. All units currently leased. On property laundry. Rent under market value & have the potential to be $1200/door. Walking distance to downtown Beaverton. Beaverton has plans for the development of the downtown district. Plans are available for public view on the city website. These tax lots are included in the development plans & the zoning allows for up to 30 units to be built on these tax lots. Buyer to do due diligence and confirm with city on allowances.

Last Listed By

Marc Fox

Keller Williams Realty Portland Premiere License #200508221 Listed on: 06/09/2021

Keller Williams Realty Portland Premiere

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,547

Year Built

  • Built in 1957

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Lap Siding

Interior Spaces

  • Storage
  • Crawl Space
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 8 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,547

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1957
  • Property Condition: Existing
  • Remarks Public: 2 buildings w/8 units total & parking. All units currently leased. On property laundry. Rent under market value & have the potential to be $1200/door. Walking distance to downtown Beaverton. Beaverton has plans for the development of the downtown district. Plans are available for public view on the city website. These tax lots are included in the development plans & the zoning allows for up to 30 units to be built on these tax lots. Buyer to do due diligence and confirm with city on allowances.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOMBARD ADDITION TO CITY OF BEAVERTON, LOT PT 6
  • Basement: Crawl Space
  • Storage: Attached

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 20K-.99AC
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

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

Schools

  • Elementary School: Raleigh Hills
  • Middle School: Whitford
  • High School: Beaverton

Lot Info

  • Lot Description: On Busline, Corner Lot, Level
  • Zoning: RCOT

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 11805.15
  • Assessor Parcel Number: R0117055
  • Assessor Parcel Number 2: R0117046
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 18.66

MLS Schools

  • Elementary School: Raleigh Hills
  • High School: Beaverton
  • Middle School: Whitford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jan 6, 2022
Sold by
Les Spicer
Bought by
Solex Properties Llc
Seller's Agent
Marc Fox
Keller Williams Realty Portland Premiere
Buyer's Agent
Yussetty Spicer
Spicer & Associates Realty
List Price
$1,500,000
Sold Price
$1,500,000
Total Days on Market
57
Current Estimated Value
$1,070,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$429,711
Avg. Annual Appreciation
-9.24%
Original Mortgage
$562,500
Outstanding Balance
$522,259
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$548,030

Purchase Details

Listed on
Jun 9, 2021
Closed on
Nov 29, 2021
Sold by
Koeber Jerry A and Koeber Jeannine C
Bought by
Spicer Les
Seller's Agent
Marc Fox
Keller Williams Realty Portland Premiere
Buyer's Agent
Yussetty Spicer
Spicer & Associates Realty
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$522,259
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$548,030

Purchase Details

Closed on
Dec 12, 2007
Sold by
Hoikoe Properties Llc
Bought by
Koeber Jerry A and Koeber Jeannine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2004
Sold by
Rehabilitation Investors Inc
Bought by
Koeber Jerry A and Koeber Jeannine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

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
Solex Properties Llc $86,000 Accommodation/Courtesy Recordi
Spicer Les $750,000 Lawyers Title
Koeber Jerry A -- Lawyers Title Ins
Koeber Jerry A $205,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spicer Les $562,500
Previous Owner Koeber Jerry A $276,500
Previous Owner Koeber Jerry A $111,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $1,500,000 0.0% $452 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $1,500,000 -- $452 / 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
2025 $9,547 $452,520 -- --
2024 $9,014 $439,340 -- --
2023 $9,014 $313,830 $0 $0
2022 $6,347 $313,830 $0 $0
2021 $6,125 $295,820 $0 $0
2020 $5,939 $287,210 $0 $0
2019 $5,751 $278,850 $0 $0
2018 $5,568 $270,730 $0 $0
2017 $5,360 $262,850 $0 $0
2016 $5,173 $255,200 $0 $0
2015 $4,981 $247,770 $0 $0
2014 $4,875 $240,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marc Fox

    Seller's Agent in 2021

    Marc Fox

    Keller Williams Realty Portland Premiere

    (503) 915-7475

    2 in this area

    676 Total Sales

    Marc Fox
    Section Image
  • Chris Merz

    Seller Co-Listing Agent in 2021

    Chris Merz

    Keller Williams Realty Portland Premiere

    (503) 624-9660

    1 in this area

    116 Total Sales

    Chris Merz
    Section Image
  • Yussetty Spicer

    Buyer's Agent in 2021

    Yussetty Spicer

    Spicer & Associates Realty

    (503) 310-8933

    1 in this area

    151 Total Sales

    Yussetty Spicer
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21240602

Regional Multiple Listing Service (RMLS)

APN: R0117055

Oregon Washington County Beaverton 97005 Downtown Beaverton

4920 SW Franklin Ave, Beaverton, OR

Homes for Sale in Beaverton, OR

This home is located at 4920 SW Franklin Ave, Beaverton, OR 97005 since 09 June 2021 and is currently estimated at $1,070,289, approximately $322 per square foot. This property was built in 1957. 4920 SW Franklin Ave is a home located in Washington County with nearby schools including Raleigh Hills Elementary School, Whitford Middle School, and Beaverton High School.

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