NOT LISTED FOR SALE

500 Depot St Unit 502 Fairview, OR 97024

Estimated Value: $386,000 - $462,491

4 Beds
2 Baths
1,560 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $425,000 $272 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,565/month

58 Days on Market

Highlights

  • Wood Flooring
  • Views
  • Wood Siding
  • Attached Garage
  • Level Lot

About This Home

As of March 2022

Great investment opportunity! Fairview Duplex located in a great location! Both units have hardwood floors in the living room. Newer roof and exterior paint. Tenant occupied, please do not disturb tenants. Offers to be made subject to interior inspection.

Last Agent to Sell the Property

Kristin Montoya

Realty First License #201210569 Listed on: 12/05/2021

Co-Listed By

Roulette Milhaupt

Realty First License #201221921

Last Buyer's Agent

Brendenn Kralicek

MORE Realty License #201217827

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,478

Year Built

  • Built in 1972

Lot Details

  • 7,710

Parking

  • Attached Garage

Home Design

  • Wood Siding

Additional Features

  • Dishwasher
  • Wood Flooring
  • Crawl Space
  • Level Lot
  • Electric Water Heater
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,478

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1560
  • Year Built: 1972
  • Property Condition: Existing
  • Remarks Public: Great investment opportunity! Fairview Duplex located in a great location! Both units have hardwood floors in the living room. Newer roof and exterior paint. Tenant occupied, please do not disturb tenants. Offers to be made subject to interior inspection.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FAIRVIEW, BLOCK 13, LOT 1&2 TL 3100
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • View: Territorial
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Hardwood Floors, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Fairview
  • Middle School: Reynolds
  • High School: Reynolds

Lot Info

  • Lot Description: Level
  • Zoning: RMF

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3088.06
  • Assessor Parcel Number: R160734
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Fairview
  • High School: Reynolds
  • Middle School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2021
Closed on
Mar 1, 2022
Sold by
Gardner Craig A
Bought by
Diaz Erlaine
Seller's Agent
Kristin Montoya
Realty First
Buyer's Agent
Brendenn Kralicek
MORE Realty
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Current Estimated Value
$408,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,627
Avg. Annual Appreciation
1.42%
Original Mortgage
$417,302
Outstanding Balance
$396,088
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$49,021

Purchase Details

Closed on
Jun 23, 2017
Sold by
Gardner Craig A
Bought by
Gardner Craig A and Gardner Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 1995
Sold by
Ssi Properties Inc
Bought by
Gardner Craig A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,111
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 1995
Sold by
Walker Charles M and Walker Patricia I
Bought by
Ssi Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,111
Interest Rate
7.63%
Mortgage Type
FHA
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
Diaz Erlaine $425,000 Wfg Title
Gardner Craig A -- Lawyers Title
Gardner Craig A $115,000 Ticor Title Insurance
Ssi Properties Inc $50,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Erlaine $417,302
Previous Owner Gardner Craig A $171,500
Previous Owner Gardner Craig A $45,000
Previous Owner Gardner Craig A $114,111
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $425,000 +3.8% $272 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
12/12/2021 12/12/21 Price Changed $409,250 +2.3% $262 / Sq Ft
12/05/2021 12/05/21 For Sale $399,900 -- $256 / 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 $3,478 $196,640 $0 $0
2022 $3,394 $190,920 $0 $0
2021 $3,307 $185,360 $0 $0
2020 $3,088 $179,970 $0 $0
2019 $2,962 $174,730 $0 $0
2018 $2,934 $169,650 $0 $0
2017 $2,841 $164,710 $0 $0
2016 $2,720 $159,920 $0 $0
2015 $2,643 $155,270 $0 $0
2014 $2,547 $150,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristin Montoya

    Seller's Agent in 2022

    Kristin Montoya

    Realty First

    (503) 747-9595

    97 Total Sales

    Kristin Montoya
    Section Image
  • Roulette Milhaupt

    Seller Co-Listing Agent in 2022

    Roulette Milhaupt

    Realty First

    (971) 295-2521

    53 Total Sales

    Roulette Milhaupt
    Section Image
  • Brendenn Kralicek

    Buyer's Agent in 2022

    Brendenn Kralicek

    MORE Realty

    (503) 444-0321

    27 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21378216

Regional Multiple Listing Service (RMLS)

APN: R160734

Oregon Multnomah County Fairview 97024

500 Depot St Unit 502, Fairview, OR

This home is located at 500 Depot St Unit 502, Fairview, OR 97024 since 05 December 2021 and is currently estimated at $408,373, approximately $261 per square foot. This property was built in 1972. 500 Depot St Unit 502 is a home located in Multnomah County with nearby schools including Fairview Elementary School, Reynolds Middle School, and Reynolds High School.

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