NOT LISTED FOR SALE

5223 SW 174th Terrace Beaverton, OR 97007

Estimated Value: $928,000 - $1,301,000

8 Beds
8 Baths
3,968 Sq Ft
$265/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $770,000 $194 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,697/month

57 Days on Market

Highlights

  • Attached Garage
  • Level Lot
  • Wood Siding
  • Washer and Dryer

About This Home

As of October 2020

Great investment opportunity! Townhouse style 4 plex, all units rented. Property being sold by original builder. Held as long term rentals. 3 units mtm 1 leased. Please submit all offers subject to interior inspection and allow 72 hours to schedule interior inspection. Potential rent based on current market rate of $1425.

Last Agent to Sell the Property

Amber Clark

The Group Real Estate Services License #951100050 Listed on: 07/07/2020

Last Buyer's Agent

Steve Roesch

NextHome Realty Connection License #980900045

NextHome Realty Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,821

Year Built

  • Built in 2000

Lot Details

  • 6,534

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Crawl Space
  • Dishwasher
  • Washer and Dryer

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,821

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3968
  • Stories: 3
  • Year Built: 2000
  • Property Condition: Existing
  • Remarks Public: Great investment opportunity! Townhouse style 4 plex, all units rented. Property being sold by original builder. Held as long term rentals. 3 units mtm 1 leased. Please submit all offers subject to interior inspection and allow 72 hours to schedule interior inspection. Potential rent based on current market rate of $1425.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: KINNAMAN PARK, LOT 4, ACRES .15
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Other, Slab
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

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

Schools

  • Elementary School: Aloha-Huber Prk
  • Middle School: Five Oaks
  • High School: Aloha

Lot Info

  • Lot Description: Level
  • Zoning: R-24
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 8067.08
  • Assessor Parcel Number: R2090262
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.76

MLS Schools

  • Elementary School: Aloha-Huber Prk
  • High School: Aloha
  • Middle School: Five Oaks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Oct 12, 2020
Sold by
Aloha Properties Llc
Bought by
Truong Brian
Seller's Agent
Amber Clark
The Group Real Estate Services
Buyer's Agent
Steve Roesch
NextHome Realty Connection
List Price
$836,000
Sold Price
$770,000
Premium/Discount to List
-$66,000
-7.89%
Total Days on Market
57
Current Estimated Value
$1,051,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,370
Avg. Annual Appreciation
6.93%
Original Mortgage
$577,500
Outstanding Balance
$519,426
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$531,944
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
Truong Brian $770,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Brian $577,500
Previous Owner Hoffart Herbert J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $770,000 -3.8% $194 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/20/2020 08/20/20 Price Changed $800,000 -4.3% $202 / Sq Ft
08/19/2020 08/19/20 For Sale $836,000 0.0% $211 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $836,000 -- $211 / 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 $9,821 $540,890 -- --
2024 $9,223 $525,140 -- --
2023 $9,223 $509,850 $0 $0
2022 $8,913 $509,850 $0 $0
2021 $8,592 $480,590 $0 $0
2020 $8,333 $466,600 $0 $0
2019 $8,067 $453,010 $0 $0
2018 $7,840 $439,820 $0 $0
2017 $7,523 $427,010 $0 $0
2016 $7,081 $414,580 $0 $0
2015 $6,539 $402,510 $0 $0
2014 $6,297 $390,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20429030

Regional Multiple Listing Service (RMLS)

APN: R2090262