NOT LISTED FOR SALE

5041 SW Beaverton Hillsdale Hwy Portland, OR 97221

Bridlemile Neighborhood

Estimated Value: $654,000 - $854,000

8 Beds
4 Baths
3,328 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $615,780 $185 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,241/month

5 Days on Market

Highlights

  • Private Lot
  • Views
  • Wood Siding
  • Bridlemile Elementary School Rated A-
  • Washer and Dryer

About This Home

As of July 2019

Well-maintained & updated 4-Plex in central west-side location. Minutes to downtown, OHSU, and western suburbs. Fully rented and professionally managed.Excellent turn-key investment with above-market CAP rates and GRMs.

Last Agent to Sell the Property

Timothy Manickam

Fathom Realty Oregon, LLC License #200502433 Listed on: 06/14/2019

Fathom Realty Oregon, LLC

Last Buyer's Agent

Timothy Manickam

Fathom Realty Oregon, LLC License #200502433 Listed on: 06/14/2019

Fathom Realty Oregon, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,794

Year Built

  • Built in 1978

Lot Details

  • Private Lot
  • Sloped Lot

Parking

  • Paved Parking

Home Design

  • Block Foundation
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Flood Zone Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,794

Year Built

Built in 1978

Lot Details

0

Parking

5

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3328
  • Stories: 2
  • Year Built: 1978
  • Remarks Public: Well-maintained & updated 4-Plex in central west-side location. Minutes to downtown, OHSU, and western suburbs. Fully rented and professionally managed.Excellent turn-key investment with above-market CAP rates and GRMs.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ROSE ARBOR, BLOCK 2, E 25' OF LOT 6 EXC PT IN ST, W 25' OF LOT 7

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • View: Creek/Stream, Trees/Woods
  • Foundation Details: Block, None
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 5
  • Parking Description: Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Hayhurst
  • Middle School: Gray
  • High School: Wilson

Lot Info

  • Lot Description: Private, Sloped, Flood Zone
  • Zoning: R2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 8903.66
  • Assessor Parcel Number: R259214
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.99

MLS Schools

  • Elementary School: Hayhurst
  • High School: Wilson
  • Middle School: Gray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 23, 2019
Sold by
Grandey Carlena
Bought by
Harris Seth W and Harris Julie
Seller's Agent
Timothy Manickam
Fathom Realty Oregon, LLC
Buyer's Agent
Timothy Manickam
Fathom Realty Oregon, LLC
List Price
$598,800
Sold Price
$615,780
Premium/Discount to List
$16,980
2.84%
Total Days on Market
5
Current Estimated Value
$773,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,558
Avg. Annual Appreciation
3.96%
Original Mortgage
$461,835
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2017
Closed on
Aug 25, 2017
Sold by
Finney Janice E
Bought by
Wallace Claudia J
Seller's Agent
Toni Weingart
MORE Realty
Buyer's Agent
Amy Seaholt
Windermere Realty Trust
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$402,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2012
Closed on
Mar 15, 2013
Sold by
Charette Eric A
Bought by
Finney Janice E
Seller's Agent
Toni Weingart
MORE Realty
Buyer's Agent
Toni Weingart
MORE Realty
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.55%
Original Mortgage
$210,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2005
Sold by
Deutsche Bank Trust Co
Bought by
Charette Eric A and Charette Sabrina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2004
Sold by
Gaynor Randy L
Bought by
Deutsche Bank Trust Co

Purchase Details

Closed on
Feb 10, 1999
Sold by
Remillard Dale A
Bought by
Gaynor Randy L and Gaynor Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1998
Sold by
Remillard Dale A
Bought by
Remillard Dale A and Remillard Jeri L
Source: Public Records

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Range of Values:

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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
Harris Seth W $615,780 First American
Wallace Claudia J -- Ticor Title
Finney Janice E $280,000 Ticor Title
Charette Eric A $265,000 First American
Deutsche Bank Trust Co $295,000 Pacific Nw Title
Gaynor Randy L $252,000 Oregon Title Insurance Co
Remillard Dale A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Seth W $453,000
Closed Harris Seth W $461,835
Previous Owner Wallace Claudia J $402,500
Previous Owner Finney Janice E $210,000
Previous Owner Charette Eric A $340,000
Previous Owner Charette Eric A $212,000
Previous Owner Gaynor Randy L $226,800
Closed Charette Eric A $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $615,780 +2.8% $185 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $598,800 +4.1% $180 / Sq Ft
08/30/2017 08/30/17 Sold $575,000 0.0% $173 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $575,000 +105.4% $173 / Sq Ft
03/19/2013 03/19/13 Sold $280,000 -6.6% $84 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
09/06/2012 09/06/12 For Sale $299,900 -- $90 / 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 $10,794 $407,740 $0 $0
2022 $10,561 $395,870 $0 $0
2021 $10,382 $384,340 $0 $0
2020 $9,524 $373,150 $0 $0
2019 $9,173 $362,290 $0 $0
2018 $8,904 $351,740 $0 $0
2017 $8,533 $341,500 $0 $0
2016 $7,741 $331,560 $0 $0
2015 $6,505 $321,910 $0 $0
2014 $6,999 $312,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19154968

Regional Multiple Listing Service (RMLS)

APN: R259214