NOT LISTED FOR SALE

520 E Arlington St Gladstone, OR 97027

Estimated Value: $650,473 - $670,000

6 Beds
4 Baths
2,592 Sq Ft
$254/Sq Ft Est. Value

Sale Details

Date Sold: September 12, 2016

Last sale price $429,000 $166 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,201 / mo

105 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 4-minute walk to High Rocks City Park
  • Property is near bus stop
  • Level Lot

About This Home

As of September 2016

Charming Duplex conveniently located, just blocks to bus line, shopping and restaurants. Units mirror each other, 3 bed 1.1 bath. Long term tenants, fully rented. Perfect for owner to occupy one side and rent out the other, or keep both long term tenants. Great investment. Units are clean and well maintained. Subject to interior inspection on unit 520.

Last Agent to Sell the Property

Jordan Matin

Matin Real Estate License #200707018 Listed on: 03/11/2016

Co-Listed By

Alicia Smith

Matin Real Estate License #201211616

Last Buyer's Agent

Duff Main

RE/MAX HomeSource License #960300279

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,200

Year Built

  • Built in 1995

Lot Details

  • 5,009

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property

Schools

  • John Wetten Elementary School
  • Gladstone High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Level Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 00543610

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,200
  • Gross Income $2,500
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,200

Year Built

Built in 1995

Lot Details

5,009 Sq Ft Lot

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1995
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 429000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level, OnBusline
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: John Wetten
  • High School: Gladstone

Lot Info

  • Zoning: R5
  • Parcel #: 00543610

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 174.0
  • Annual Gross Income: 2500.0
  • Property Net Operating Income: 30000.0
  • Annual Operating Expense: 6200.0

Tax Info

  • Tax Annual Amount: 6199.89

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2023
Sold by
Bought by
Current Estimated Value
$659,118

Purchase Details

Listed on
Mar 11, 2016
Closed on
Aug 30, 2016
Sold by
Bought by
Seller's Agent
Jordan Matin
Matin Real Estate
Buyer's Agent
Duff Main
RE/MAX HomeSource
List Price
$449,900
Sold Price
$429,000
Premium/Discount to List
-$20,900
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%

Purchase Details

Listed on
Oct 28, 2013
Closed on
Nov 21, 2013
Sold by
Bought by
Seller's Agent
Brittany Herbert
City of Bridges Realty
Buyer's Agent
Brittany Herbert
City of Bridges Realty
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%

Purchase Details

Closed on
Oct 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$429,000 Wfg Title
-- Wfg Title
$315,000 Ticor Title
-- Ticor Title
-- None Available
-- None Available
-- Stewart Title
-- Oregon Title Insurance Co
-- Oregon Title Insurance Co
$197,100 Oregon Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $200,000
Previous Owner $201,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2016 09/12/16 Sold $429,000 -4.6% $166 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $449,900 +42.8% $174 / Sq Ft
11/22/2013 11/22/13 Sold $315,000 -3.0% $122 / Sq Ft View Prior Sale
11/13/2013 11/13/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $324,900 -- $125 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,440 $418,859 -- --
2024 $8,205 $406,660 -- --
2023 $8,205 $394,816 $0 $0
2022 $7,631 $383,317 $0 $0
2021 $7,350 $372,153 $0 $0
2020 $7,175 $361,314 $0 $0
2019 $7,092 $350,791 $0 $0
2018 $6,834 $340,574 $0 $0
2017 $6,630 $330,654 $0 $0
2016 $6,411 $321,023 $0 $0
2015 $6,200 $311,673 $0 $0
2014 $5,937 $302,595 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16493368

Regional Multiple Listing Service (RMLS)

APN: 00543610

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