NOT LISTED FOR SALE

565 Barton Ave Gladstone, OR 97027

Estimated Value: $567,000 - $598,000

4 Beds
2 Baths
2,072 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $565,000 $273 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,607/month

4 Days on Market

Highlights

  • Corner Lot
  • 2 Car Garage
  • Heating System Uses Gas
  • Cooling Available
  • Lap Siding
  • 1-Story Property

About This Home

As of May 2024

Fantastic, one-level, side-by-side duplex property in the heart of Gladstone. Corner location. The unit's floor plans mirror each other; both have a wood-burning fireplaces, one has carpet in the living room, and the other has LVP. The dining rooms have hardwood floors and slider access to separate private and fenced backyards with covered patios and grassy flat areas. Kitchens have an electric range, fridge, and dishwasher, and off the kitchen is the laundry with a washer, dryer, and utility sink. Two spacious bedrooms and one full bath with a tile floor and tub/shower combination. Each unit has a one-car garage and driveway parking. Rarely found, this property has all utilities separately metered. No tenant billbacks make for easy bookkeeping. Units are currently leased through 11/30/24 and 2/28/25. Conveniently located and easy to walk to parks, schools, food, shops, and mass transportation. Bike score 79.

Last Agent to Sell the Property

Jeffrey Capen

Windermere Realty Trust Brokerage Phone: 503-888-5191 License #200308199 Listed on: 04/14/2024

Windermere Realty Trust

Co-Listed By

John McClain

Windermere Realty Trust Brokerage Phone: 503-888-5191 License #201218259

Last Buyer's Agent

Kris Burley

Keller Williams Realty Portland Premiere License #970600176

Keller Williams Realty Portland Premiere

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,072 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • John Wetten Elementary School
  • Kraxberger Middle School
  • Gladstone High School

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00541024

Community Details

Overview

  • 2 Units
  • Gladstone Subdivision

Building Details

  • Operating Expense $9,384
  • Gross Income $34,776
  • Net Operating Income $25,392

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,328

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

2

Listing Details

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

Interior Features

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

Exterior Features

  • Exterior Description: Brick,LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: John Wetten
  • High School: Gladstone
  • Middle Or Junior School: Kraxberger

Lot Info

  • Zoning: R5
  • Parcel #: 00541024

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5328.32

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.53
  • Annual Gross Income: 34776.0
  • Property Net Operating Income: 25392.0
  • Annual Operating Expense: 9384.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2024
Closed on
May 29, 2024
Sold by
Hardin Shaina
Bought by
Gendvilas Blake Bryant
Seller's Agent
Jeffrey Capen
Windermere Realty Trust
Buyer's Agent
Kris Burley
Keller Williams Realty Portland Premiere
List Price
$574,900
Sold Price
$565,000
Premium/Discount to List
-$9,900
-1.72%
Views
40
Current Estimated Value
$577,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,788
Avg. Annual Appreciation
2.14%
Original Mortgage
$452,000
Outstanding Balance
$448,269
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$131,770

Purchase Details

Closed on
Mar 24, 2023
Sold by
Hardin Garrett
Bought by
Hardin Shaina

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 24, 2018
Sold by
Rowlette Randy
Bought by
Hardin Shaina and Hardin Garrett W
Seller's Agent
Tonya Hurt
Harcourts Real Estate Network Group
Buyer's Agent
Jeffrey Capen
Windermere Realty Trust
List Price
$399,000
Sold Price
$450,000
Premium/Discount to List
$51,000
12.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$337,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 1996
Sold by
Sutton Harold D and Sutton Carole J
Bought by
Rowlette Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
8.23%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Gendvilas Blake Bryant $565,000 Fidelity National Title
Hardin Shaina $62,403 --
Hardin Shaina $450,000 Wfg Title
Rowlette Randy $178,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gendvilas Blake Bryant $452,000
Previous Owner Hardin Shaina $330,157
Previous Owner Hardin Shaina $337,500
Previous Owner Rowlette Randy $191,750
Previous Owner Rowlette Randy $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $565,000 -1.7% $273 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/14/2024 04/14/24 For Sale $574,900 +27.8% $277 / Sq Ft
10/25/2018 10/25/18 Sold $450,000 +12.8% $217 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $399,000 -- $193 / 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
2023 $5,506 $264,931 $0 $0
2022 $5,121 $257,215 $0 $0
2021 $4,932 $249,724 $0 $0
2020 $4,815 $242,451 $0 $0
2019 $4,759 $235,390 $0 $0
2018 $4,586 $228,534 $0 $0
2017 $4,449 $221,878 $0 $0
2016 $4,302 $215,416 $0 $0
2015 $4,160 $209,142 $0 $0
2014 $4,042 $203,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24108569

Regional Multiple Listing Service (RMLS)

APN: 00541024