$590,000
SOLD JAN 15, 2025
-- Bed
-- Bath
2,050 Sq Ft
6,969 Sq Ft Lot

Recently Sold

$288 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding
  • Storage
  • Level Lot
  • 1-Story Property

About This Home

As of January 2025

An unbeatable opportunity for savvy investors and homeowners alike! This single-level duplex is perfectly situated in a well-established neighborhood offering both comfort and convenience for tenants and owners. Each unit is thoughtfully designed featuring two bedrooms, private fenced yards, detached carports, separate storage units, and ample parking for guests and tenants. One unit has undergone a tasteful renovation showcasing luxury vinyl plank flooring, updated lighting and fixtures, and a remodeled kitchen + bathrooms, adding value and appeal to this already desirable property. This duplex is a rare find that combines long-term financial growth with immediate cash flow, this is your opportunity to invest with confidence!

Last Agent to Sell the Property

Amanda Ashby

Reger Homes, LLC License #201223445 Listed on: 12/02/2024

Last Buyer's Agent

John McClung

Harcourts Real Estate Network Group License #940300096

Harcourts Real Estate Network Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,609

Year Built

  • Built in 1972

Lot Details

  • 6,969 Sq Ft Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Parking

  • Carport
  • Driveway

Schools

  • John Mcloughlin Elementary School
  • Gardiner Middle School
  • Oregon City High School

Utilities

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

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 00855756

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • South End Subdivision

Building Details

  • Operating Expense $8,457
  • Gross Income $35,304
  • Net Operating Income $26,847

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,609

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Description: Carport, Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: John McLoughlin
  • High School: Oregon City
  • Middle Or Junior School: Gardiner

Lot Info

  • Zoning: R3.5
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.0
  • Parcel #: 00855756

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 4609.24

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.97
  • Annual Gross Income: 35304.0
  • Property Net Operating Income: 26847.0
  • Annual Operating Expense: 8457.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Jan 14, 2025
Sold by
Rudi Family I Llc
Bought by
Prodehl Joseph Philip and Prodehl Phil G
Seller's Agent
Amanda Ashby
Reger Homes, LLC
Buyer's Agent
John McClung
Harcourts Real Estate Network Group
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Views
28
Current Estimated Value
$570,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,329
Avg. Annual Appreciation
-3.55%
Original Mortgage
$531,000
Outstanding Balance
$529,605
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$46,280

Purchase Details

Closed on
Apr 19, 2020
Sold by
Rudi John Elton and Rudi Phyllis Faye
Bought by
Rudi Family I Llc

Purchase Details

Closed on
Jul 17, 2017
Sold by
Rudi John E and Rudi Phyllis F
Bought by
Rudi John Elton and The John Elton Rudi Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $590,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $531,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $590,000 -1.5% $288 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $599,000 -- $292 / 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
2024 $4,609 $246,245 -- --
2023 $4,609 $239,073 $0 $0
2022 $4,241 $232,110 $0 $0
2021 $4,070 $225,350 $0 $0
2020 $3,954 $218,787 $0 $0
2019 $3,870 $212,415 $0 $0
2018 $3,678 $206,228 $0 $0
2017 $3,583 $200,221 $0 $0
2016 $3,518 $194,389 $0 $0
2015 $3,429 $188,727 $0 $0
2014 $3,331 $183,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24290896

Regional Multiple Listing Service (RMLS)

APN: 00855756