$630,000
SOLD JUL 10, 2024
-- Bed
-- Bath
1,904 Sq Ft
4,312 Sq Ft Lot

Recently Sold

$331 Per Sq Ft

13% Below List Price

235 Days on Market

Highlights

  • View of Trees or Woods
  • Cul-De-Sac
  • Zoned Heating
  • Waterfront
  • Landscaped with Trees
  • 2 Car Garage

About This Home

As of July 2024

Major Price Improvement! Great Opportunity for an Investment or Owner Occupied Side by side Duplex the Multnomah Village area. Each unit has a wood burning fireplace, balcony, patio and attached garage with extra storage and individual water meters. Get outside at nearby Gabriel Park, Hillsdale Park, Albert Kelly Park or Texas HydroPark! The property is close to schools, restaurants, cafes, public transportation and OHSU in the Hillsdale area. *NOTE: Special tax Assessment of $4,655.61 was paid in 2022.

Last Agent to Sell the Property

Amber Clark

The Group Real Estate Services License #951100050 Listed on: 09/13/2023

Last Buyer's Agent

Seth Elder

Redfin License #201217325

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,185

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Sloped Lot
  • Landscaped with Trees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,904 Sq Ft Home
  • 2-Story Property
  • Views of Woods

Schools

  • Hayhurst Elementary School
  • Robert Gray Middle School
  • Ida B Wells High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R115947

Community Details

Overview

  • 2 Units
  • Hillsdale/Multnomah Village Subdivision

Building Details

  • Operating Expense $24,265
  • Gross Income $43,080
  • Net Operating Income $18,815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,185

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1987
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other
  • Storage: Garage
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Cul_de_sac, Sloped, Trees
  • Road Surface Type: Paved
  • Water Body Name: not waterfront
  • Waterfront Features: Other
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hayhurst
  • High School: Ida B Wells
  • Middle Or Junior School: Robert Gray

Lot Info

  • Zoning: RM
  • Parcel #: R115947

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 10185.4

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.06
  • Annual Gross Income: 43080.0
  • Property Net Operating Income: 18815.0
  • Annual Operating Expense: 24265.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2024
Sold by
Hoffart Rickey Lee
Bought by
Funk Robert L
Total Days on Market
235
Current Estimated Value
$632,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.03%
Mortgage Type
VA

Purchase Details

Closed on
Jan 31, 2002
Sold by
Crymes Gordon B
Bought by
Gordon B Crymes Revocable Living Trust

Purchase Details

Closed on
Oct 14, 1999
Sold by
Smith Carol A
Bought by
Smith Carol A and The Carol A Smith Trust
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 $630,000 First American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $630,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $630,000 -2.9% $331 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $649,000 -3.9% $341 / Sq Ft
02/07/2024 02/07/24 Price Changed $675,000 -1.5% $355 / Sq Ft
01/25/2024 01/25/24 Price Changed $685,000 -1.4% $360 / Sq Ft
10/13/2023 10/13/23 Price Changed $695,000 -4.1% $365 / Sq Ft
09/13/2023 09/13/23 For Sale $725,000 -- $381 / 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 $10,185 $397,380 $0 $0
2022 $14,577 $385,810 $0 $0
2021 $8,823 $374,580 $0 $0
2020 $7,162 $323,790 $0 $0
2019 $7,348 $314,360 $0 $0
2018 $7,362 $305,210 $0 $0
2017 $7,298 $296,330 $0 $0
2016 $6,154 $287,700 $0 $0
2015 $5,801 $279,330 $0 $0
2014 $4,921 $271,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23500697

Regional Multiple Listing Service (RMLS)

APN: R115947