NOT LISTED FOR SALE

Estimated Value: $720,000 - $1,136,000

8 Beds
4 Baths
3,184 Sq Ft
$318/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $799,000 $251 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,048/month

100 Days on Market

Highlights

  • Deck
  • Private Lot
  • Guest Parking
  • Cleveland High School Rated A-
  • Storage
  • Property is near a bus stop

About This Home

As of March 2017

Great close-in SE location near Woodstock restaurants and stores. Very easy to rent units. Newer roof, vinyl windows, Large lot. Each unit has private patio or deck, storage room, Laundry room with owner owned coin-op machines. Two units recently remodeled with new tenants. Two units with long term tenants

Last Agent to Sell the Property

Rob Young

Legacy Realty Group License #871100150 Listed on: 10/27/2016

Last Buyer's Agent

Susan Estes

RE/MAX Equity Group License #200204209

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,720

Year Built

  • Built in 1967

Lot Details

  • Private Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Storage
  • Range

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Deck
  • Property is near a bus stop
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,720

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3184
  • Stories: 2
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: SECTION 19 1S 2E, TL 16700 0.24 ACRES
  • Storage: Attached, Locked

Exterior Features

  • Exterior Description: Brick, Cement Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Metal

Garage/Parking

  • Parking Description: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Commons, Laundry
  • Unit Features: Deck, Range, Refrigerator, Storage, Window Coverings

Schools

  • Elementary School: Lewis
  • Middle School: Sellwood
  • High School: Cleveland

Lot Info

  • Lot Description: On Busline, Level, Private
  • Zoning: R5

Tax Info

  • Tax Amount: 4801.10
  • Assessor Parcel Number: R336189

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.33

MLS Schools

  • Elementary School: Lewis
  • High School: Cleveland
  • Middle School: Sellwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
Mar 24, 2017
Sold by
Young Robert
Bought by
Ragan Kelly D
Seller's Agent
Rob Young
Legacy Realty Group
Buyer's Agent
Susan Estes
RE/MAX Equity Group
List Price
$849,800
Sold Price
$799,000
Premium/Discount to List
-$50,800
-5.98%
Total Days on Market
100
Current Estimated Value
$992,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,007
Avg. Annual Appreciation
2.61%
Original Mortgage
$599,250
Outstanding Balance
$503,740
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$488,267

Purchase Details

Closed on
Jul 30, 2015
Sold by
Delashmutt Cecil and Delashmutt Kathleen
Bought by
Young Robert

Purchase Details

Closed on
Jul 17, 2015
Sold by
Delashmutt Cecil V
Bought by
Young Robert

Purchase Details

Closed on
Jun 21, 2013
Sold by
Delashmutt Cecil V
Bought by
Delashmutt Cecil and Delashmutt Kathleen L

Purchase Details

Closed on
Mar 4, 2011
Sold by
Delashmutt Cecil V
Bought by
Delashmutt Cecil and Delashmutt Kathleen L

Purchase Details

Closed on
Mar 4, 2010
Sold by
Delashmutt Cecil V
Bought by
Delashmutt Cecil and Delashmutt Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
Delashmutt Cecil V
Bought by
Delashmutt Cecil and Delashmutt Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1998
Sold by
Finley Shirley
Bought by
Delashmutt Cecil and Delashmutt Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,475
Interest Rate
6.95%
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
Ragan Kelly D $799,000 First American
Young Robert $412,500 First American
Young Robert -- First American
Delashmutt Cecil -- None Available
Delashmutt Cecil -- First American
Delashmutt Cecil -- First American
Delashmutt Cecil -- First American Title Co
Delashmutt Cecil $100,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ragan Kelly D $599,250
Previous Owner Delashmutt Cecil $170,000
Previous Owner Delashmutt Cecil $138,000
Previous Owner Delashmutt Cecil $123,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $799,000 -6.0% $251 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
10/27/2016 10/27/16 For Sale $849,800 -- $267 / 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 $7,720 $291,320 $0 $0
2022 $7,552 $282,840 $0 $0
2021 $7,425 $274,610 $0 $0
2020 $6,811 $266,620 $0 $0
2019 $6,561 $258,860 $0 $0
2018 $6,368 $251,330 $0 $0
2017 $6,103 $244,010 $0 $0
2016 $5,586 $236,910 $0 $0
2015 $4,801 $230,010 $0 $0
2014 $4,324 $223,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16047651

Regional Multiple Listing Service (RMLS)

APN: R336189