$849,900
SOLD DEC 27, 2024
-- Bed
-- Bath
2,548 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$334 Per Sq Ft

94 Days on Market

Highlights

  • View of Trees or Woods
  • Forced Air Heating and Cooling System
  • Level Lot
  • Tankless Water Heater
  • 1 Car Garage

About This Home

As of December 2024

Discover an impeccably designed + meticulously maintained home in the vibrant Alberta Arts District with a remarkable 96 WalkScore + 100 BikeScore! This exceptional property offers a unique opportunity, showcasing a spacious main unit with 4 beds + 2.1 baths plus a separate living quarters on the lower level with its own private entrance! A total of 5 bedrooms and 3.1 baths grace this newer construction home, seamlessly blending both comfort and style. Currently operating as a successful Airbnb, with a transferable Type B Rental Permit! Capture the opportunity to generate short-term rental income to supplement your mortgage. The main level offers flexibility with a bright + airy bedroom boasting French doors leading to a charming faux balcony. The open-concept living area is perfect for entertaining, highlighted by a stylish dining space, a sunlit living room with a cozy gas fireplace, and a chef’s kitchen with an impressive eat-bar island, expansive tilework, and gleaming stainless steel appliances. Step outside to the covered deck and enjoy the private, fenced yard—ideal for outdoor gatherings. Upstairs, the serene primary suite offers ample closet space, complemented by two additional generously sized bedrooms, each with its own walk-in closet. The lower level features a separate living quarters with a private entrance that has been upgraded with soundproofing for enhanced privacy, an open-concept living room, full kitchen, and a spacious bedroom with bathroom. This property is a rare find in a highly sought-after neighborhood, offering the perfect blend of luxurious living and income-generating potential. Don’t miss the chance to own this outstanding home in the heart of a thriving community!

Last Agent to Sell the Property

Darryl Bodle

Keller Williams Realty Portland Premiere License #199910100 Listed on: 08/22/2024

Keller Williams Realty Portland Premiere

Co-Listed By

Michael Brazie

Keller Williams Realty Portland Premiere License #200208097

Last Buyer's Agent

Marisa La Fata

Inhabit Real Estate License #201211567

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,334

Year Built

  • Built in 2022

Lot Details

  • Level Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,548 Sq Ft Home
  • 3-Story Property
  • Views of Woods

Schools

  • Vernon Elementary And Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Mini Split Heat Pump
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number R714767

Community Details

Overview

  • 2 Units
  • Vernon Subdivision

Building Details

  • Operating Expense $47,788
  • Gross Income $72,000
  • Net Operating Income $24,212

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,334

Year Built

Built in 2022

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 2022
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Tankless
  • Cooling: CentralAir, HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Vernon
  • High School: Jefferson
  • Middle Or Junior School: Vernon

Lot Info

  • Zoning: R2.5
  • Parcel #: R714767

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 10333.99

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.8
  • Annual Gross Income: 72000.0
  • Property Net Operating Income: 24212.0
  • Annual Operating Expense: 47788.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Dec 19, 2024
Sold by
Assaf Alexander K and Assaf Alexandra S
Bought by
Mundie Sydney Rose and Mundie Nolan Allen
Seller's Agent
Darryl Bodle
Keller Williams Realty Portland Premiere
Buyer's Agent
Marisa La Fata
Inhabit Real Estate
List Price
$849,900
Sold Price
$849,900
Views
27
Current Estimated Value
$857,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,461
Avg. Annual Appreciation
0.65%
Original Mortgage
$802,650
Outstanding Balance
$800,577
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$52,761

Purchase Details

Listed on
Dec 28, 2020
Closed on
Feb 16, 2021
Sold by
Phillips Julia N and Holmes Bettie
Bought by
Bts Homes Inc
Seller's Agent
Antoine Dean
24/7 Properties
Buyer's Agent
Antoine Dean
24/7 Properties
List Price
$500,000
Sold Price
$357,000
Premium/Discount to List
-$143,000
-28.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.20%
Original Mortgage
$1,071,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 17, 2020
Sold by
Phillips Julia N
Bought by
Phillips Julia N and Holmes Bettie
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 Type Sale Price Title Company
Warranty Deed $849,900 Fidelity National Title
Warranty Deed $357,000 Wfg Title
Bargain Sale Deed -- Wfg Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $802,650 New Conventional
Previous Owner $1,071,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $849,900 0.0% $334 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $849,900 +2.9% $334 / Sq Ft
05/09/2022 05/09/22 Sold $825,900 -2.8% $324 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $849,900 +138.1% $334 / Sq Ft
02/17/2021 02/17/21 Sold $357,000 -10.8% --
02/01/2021 02/01/21 Pending -- -- --
01/27/2021 01/27/21 Price Changed $400,000 -20.0% --
12/28/2020 12/28/20 For Sale $500,000 -- --
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 $10,334 $389,980 $0 $389,980
2022 $8,032 $300,780 $0 $0
2021 $144 $5,340 $0 $0
2020 $133 $5,190 $0 $0
2019 $128 $5,040 $0 $0
2018 $124 $4,900 $0 $0
2017 $119 $4,760 $0 $0
2016 $109 $4,630 $0 $0
2015 $106 $4,500 $0 $0
2014 $105 $4,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24676205

Regional Multiple Listing Service (RMLS)

APN: R295116