NOT LISTED FOR SALE

Estimated Value: $414,622 - $504,000

4 Beds
2 Baths
1,610 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $456,000 $283 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,728/month

12 Days on Market

Highlights

  • Corner Lot
  • Heating unit installed on the ceiling
  • 1-Story Property
  • Ductless Heating Or Cooling System
  • 4 Car Garage
  • 4-minute walk to State Street Park

About This Home

As of May 2024

Ideal for either owner occupancy or investment purposes, this duplex presents a prime opportunity. The 5611 side, currently vacant, boasts two new Ductless mini splits for enhanced comfort. Meanwhile, the other unit is currently rented for $1,600, with a tenant eager to continue. Enjoy the benefits of a newer roof and a spacious corner lot. Both units are well-maintained, featuring garages and ample yard space with sizable sheds.

Last Agent to Sell the Property

Rhett Ortmann

Rhettro Real Estate LLC License #201232491 Listed on: 04/15/2024

Last Buyer's Agent

Jewon Jung

ICON Real Estate Group License #201203256

ICON Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,309

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 10,018 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • Shingle Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Schools

  • Meadow View Elementary And Middle School
  • Willamette High School

Utilities

  • Ductless Heating Or Cooling System
  • Mini Split Air Conditioners
  • Central Air
  • Heating unit installed on the ceiling
  • Mini Split Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0404747

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $19,200
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,309

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 456000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Concrete, Paved
  • Roof: Shingle

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: Ceiling, Ductless, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: None

Schools

  • Elementary School: Meadow View
  • High School: Willamette
  • Middle Or Junior School: Meadow View

Lot Info

  • Zoning: R1
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.0
  • Parcel #: 0404747

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3308.99

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 24.48
  • Annual Gross Income: 19200.0
  • Property Net Operating Income: 19200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2025
Sold by
Gunawan Darmadi and Darmadi Jean M
Bought by
Gjmj Trust and Darmadi
Current Estimated Value
$465,156

Purchase Details

Listed on
Apr 15, 2024
Closed on
May 20, 2024
Sold by
Banes Lloyd T and Banes Vickie R
Bought by
Darmadi Gunawan and Darmadi Jean C
Seller's Agent
Rhett Ortmann
Rhettro Real Estate LLC
Buyer's Agent
Jewon Jung
ICON Real Estate Group
List Price
$470,000
Sold Price
$456,000
Premium/Discount to List
-$14,000
-2.98%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$342,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2009
Sold by
Schweitzer Ashlee D
Bought by
Banes Lloyd T and Banes Vickie R

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
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2002
Sold by
Lawler David R
Bought by
Schweitzer Ashlee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,852
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2002
Sold by
Lawler Brianne C
Bought by
Lawler David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,852
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 1998
Sold by
Pilkenton Charles R and Pilkenton Claudia G
Bought by
Lawler David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,818
Interest Rate
7.16%
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

Date Buyer Sale Price Title Company
Gjmj Trust -- None Listed On Document
Darmadi Gunawan $456,000 Western Title
Banes Lloyd T $133,852 Western Title
Schweitzer Ashlee D $139,000 American Title Group
Lawler David R -- --
Lawler David R $126,900 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darmadi Gunawan $342,000
Previous Owner Banes Lloyd T $138,000
Previous Owner Schweitzer Ashlee D $136,852
Previous Owner Lawler David R $125,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $456,000 0.0% $283 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/25/2024 04/25/24 Off Market $456,000 -- --
04/15/2024 04/15/24 For Sale $470,000 -- $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
2025 $3,497 $201,052 -- --
2024 $3,409 $195,197 -- --
2023 $3,409 $189,512 $0 $0
2022 $3,173 $183,993 $0 $0
2021 $3,106 $178,634 $0 $0
2020 $3,016 $173,432 $0 $0
2019 $2,868 $168,381 $0 $0
2018 $2,787 $158,716 $0 $0
2017 $2,664 $158,716 $0 $0
2016 $2,596 $154,093 $0 $0
2015 $2,545 $149,605 $0 $0
2014 $2,506 $145,248 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24137131

Regional Multiple Listing Service (RMLS)

APN: 0404747