NOT LISTED FOR SALE

4975 SW Franklin Ave Beaverton, OR 97005

Downtown Beaverton Neighborhood

Estimated Value: $762,000 - $901,000

4 Beds
4 Baths
3,494 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 03, 2016

Last sale price $350,000 $100 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,979/month

327 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • 5-minute walk to Beaverton City Park
  • Storage
  • Wood Siding

About This Home

As of March 2016

MAJOR FIXER. Being sold only "AS IS". Seller will do no repairs. 4-plex located in downtown Beaverton and is zoned RC - OT. Basically that means high density development; the city planning office indicated an owner could have 4 to 12 units on this lot, 12,851 sq. ft. VERIFY with the city! Call for Investors package. Do not disturb the tenants.

Last Agent to Sell the Property

Tom Abalan

Kelly Right Real Estate of Portland, LLC License #200606374 Listed on: 03/22/2015

Kelly Right Real Estate of Portland, LLC

Last Buyer's Agent

Chris Shepard

Uptown Properties, LLC License #201012092

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,015

Year Built

  • Built in 1935

Lot Details

  • 0.3

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage

Kitchen

  • Range
  • Dishwasher

Parking

  • Carport
  • Open Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,015

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3494
  • Stories: 2
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: FRANKLIN AVENUE ADDITION, LOT PT 7, PT VACATED ALLEY
  • Storage: Attached

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt

Garage/Parking

  • Parking Description: Carport, Open

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Schools

  • Elementary School: Fir Grove
  • Middle School: Highland Park
  • High School: Beaverton
  • School Elementary2: Vose

Lot Info

  • Lot Description: Level
  • Zoning: RC-OT

Tax Info

  • Tax Amount: 4091.32
  • Assessor Parcel Number: R0117242

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.50

MLS Schools

  • Elementary School: Fir Grove
  • High School: Beaverton
  • Middle School: Highland Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
4975 Sw Franklin Llc
Bought by
Deshpande Ajay and Kulkarni Rakesh
Current Estimated Value
$817,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,750
Outstanding Balance
$483,899
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$331,265

Purchase Details

Listed on
Mar 22, 2015
Closed on
Mar 2, 2016
Sold by
Kim Sang Soon
Bought by
4975 Sw Franklin Llc
Seller's Agent
Tom Abalan
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Chris Shepard
Uptown Properties, LLC
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Dec 7, 1995
Sold by
Sinner Lydia
Bought by
Kim Sang Soon
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
Deshpande Ajay $705,000 Lawyers Title Of Or Llc
4975 Sw Franklin Llc $350,000 Ticor Title
Kim Sang Soon $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deshpande Ajay $528,750
Previous Owner 4975 Sw Franklin Llc $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2016 03/03/16 Sold $350,000 -11.4% $100 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
03/22/2015 03/22/15 For Sale $395,000 -- $113 / 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 $6,015 $285,090 -- --
2024 $5,679 $276,790 -- --
2023 $5,679 $268,730 $0 $0
2022 $5,435 $268,730 $0 $0
2021 $5,245 $253,320 $0 $0
2020 $5,086 $245,950 $0 $0
2019 $4,925 $238,790 $0 $0
2018 $4,768 $231,840 $0 $0
2017 $4,590 $225,090 $0 $0
2016 $4,249 $209,620 $0 $0
2015 $4,091 $203,520 $0 $0
2014 $4,004 $197,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tom Abalan

    Kelly Right Real Estate of Portland, LLC

    Section Image
  • Chris Shepard

    Buyer's Agent in 2016

    Chris Shepard

    Uptown Properties, LLC

    (503) 941-0276

    15 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15504216

Regional Multiple Listing Service (RMLS)

APN: R0117242

Oregon Washington County Beaverton 97005 Downtown Beaverton

4975 SW Franklin Ave, Beaverton, OR

This home is located at 4975 SW Franklin Ave, Beaverton, OR 97005 since 22 March 2015 and is currently estimated at $808,937, approximately $231 per square foot. This property was built in 1935. 4975 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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