NOT LISTED FOR SALE

5849 SW Oleson Rd Portland, OR 97225

Estimated Value: $722,000 - $913,000

8 Beds
4 Baths
3,544 Sq Ft
$242/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $450,000 $127 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,198/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Garage
  • Montclair Elementary School Rated A-
  • Fireplace
  • 1-minute walk to Bauman Park

About This Home

As of November 2014

Investors will love this hard to find, one of a kind 4-plex. Each unit is one-level, fireplaces, vaulted ceilings, updated windows, private utility rooms, hardwoods, laundry in units, yards, decks, easy-care landscape. Great rental history with below market rents.

Last Agent to Sell the Property

Dennis Laird

Windermere Realty Trust License #200303011 Listed on: 10/10/2014

Windermere Realty Trust

Last Buyer's Agent

Aimee Virnig

Windermere Realty Trust License #200409137

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,529

Year Built

  • Built in 1957

Lot Details

  • 0.32

Parking

  • Garage
  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • Basement Storage
  • Range

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Deck
  • Level Lot

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,529

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3544
  • Stories: 1
  • Year Built: 1957
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, Unfinished
  • Legal Description: ACRES .32
  • Storage: Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Flat

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Deck, Fireplace, Hardwood Floors, Range, Refrigerator

Schools

  • Elementary School: Montclair
  • Middle School: Whitford
  • High School: Beaverton

Lot Info

  • Lot Description: Level
  • Zoning: R10

Tax Info

  • Tax Amount: 4523.65
  • Assessor Parcel Number: R0102846

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.99

MLS Schools

  • Elementary School: Montclair
  • High School: Beaverton
  • Middle School: Whitford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Nov 10, 2014
Sold by
Hering Leslie A
Bought by
Teasdale Russell and Teasdale Rebecca
Seller's Agent
Dennis Laird
Windermere Realty Trust
Buyer's Agent
Aimee Virnig
Windermere Realty Trust
List Price
$445,000
Sold Price
$450,000
Premium/Discount to List
$5,000
1.12%
Current Estimated Value
$858,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,670
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Jun 8, 2009
Sold by
Hering Properties 4 Llc
Bought by
Hering Leslie A

Purchase Details

Closed on
Jan 29, 2007
Sold by
Hering Gerald A
Bought by
Hering Properties 4 Llc

Purchase Details

Closed on
Oct 25, 1995
Sold by
Blatt John M
Bought by
Hering Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
7.62%
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
Teasdale Russell $450,000 Ticor Title
Hering Leslie A -- Accommodation
Hering Properties 4 Llc -- None Available
Hering Gerald A $199,500 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hering Gerald A $149,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2014 11/14/14 Sold $450,000 +1.1% $127 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $445,000 -- $126 / 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 $7,529 $415,740 -- --
2024 $7,070 $403,640 -- --
2023 $7,070 $391,890 $0 $0
2022 $6,841 $391,890 $0 $0
2021 $6,594 $369,400 $0 $0
2020 $6,396 $358,650 $0 $0
2019 $6,187 $348,210 $0 $0
2018 $5,985 $338,070 $0 $0
2017 $4,979 $283,270 $0 $0
2016 $4,801 $275,020 $0 $0
2015 $4,616 $267,010 $0 $0
2014 $4,524 $259,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Laird

    Seller's Agent in 2014

    Dennis Laird

    Windermere Realty Trust

    (503) 317-7972

    2 in this area

    109 Total Sales

    Dennis Laird
    Section Image
  • Aimee Virnig

    Buyer's Agent in 2014

    Aimee Virnig

    Windermere Realty Trust

    (503) 803-7678

    213 Total Sales

    Aimee Virnig
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14077202

Regional Multiple Listing Service (RMLS)

APN: R0102846

Oregon Washington County Portland 97223

5849 SW Oleson Rd, Portland, OR

This home is located at 5849 SW Oleson Rd, Portland, OR 97225 since 10 October 2014 and is currently estimated at $858,670, approximately $242 per square foot. This property was built in 1957. 5849 SW Oleson Rd is a home located in Washington County with nearby schools including Montclair Elementary School, Whitford Middle School, and Southridge High School.

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