NOT LISTED FOR SALE

Estimated Value: $693,000 - $934,000

6 Beds
4 Baths
3,814 Sq Ft
$212/Sq Ft Est. Value

Last Sold April 14, 2014

Last sale price $390,000 $102 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,340/month

34 Days on Market

Highlights

  • Fireplace
  • Storage
  • Wood Siding
  • Highland Park Middle School Rated A-
  • Level Lot
  • 3-minute walk to Channing Heights Park

About This Home

As of April 2014

2 townhouse units and two others. Good condition. Quality property. 4 private storage units, Coin laundry room, ceiling fans, long term tenants. Great location, Bus line close by. Rents are low; build your equity fast by raising rents over the next 2-3 years to market rents. PLEASE DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Tom Abalan

Kelly Right Real Estate of Portland, LLC License #200606374 Listed on: 01/30/2014

Kelly Right Real Estate of Portland, LLC

Last Buyer's Agent

Steve Roesch

NextHome Realty Connection License #980900045

NextHome Realty Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,761

Year Built

  • Built in 1968

Lot Details

  • Level Lot

Parking

  • Open Parking

Home Design

  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,761

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3814
  • Stories: 2
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: CHANNING HEIGHTS, LOT 42
  • Storage: Attached

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Security Or Entry: Entry, Sidewalk

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Disposal, Fireplace, Range, Refrigerator

Schools

  • Elementary School: Fir Grove
  • Middle School: Highland Park
  • High School: Beaverton

Lot Info

  • Lot Description: Level
  • Zoning: R2

Tax Info

  • Tax Amount: 5892.00
  • Assessor Parcel Number: R0172477

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.66

MLS Schools

  • Elementary School: Fir Grove
  • High School: Beaverton
  • Middle School: Highland Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2014
Sold by
Basman Alexander and Basman Olga
Bought by
Basman Alexander and Revo Basman 2012 Revo
Total Days on Market
34
Current Estimated Value
$808,859

Purchase Details

Listed on
Jan 30, 2014
Closed on
Apr 12, 2014
Sold by
Levenick Ryan and Levenick Jordana
Bought by
Basman Alex and Basman Olga
Seller's Agent
Tom Abalan
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Steve Roesch
NextHome Realty Connection
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$273,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2008
Sold by
Levenick Ryan
Bought by
Levenick Ryan and Levenick Jordana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2004
Sold by
Jewett Stan
Bought by
Levenick Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2001
Sold by
Nguyen Joseph T and Nguyen Lien K
Bought by
Jewett Stan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
6.57%

Purchase Details

Closed on
Aug 1, 1998
Sold by
Nguyen Lien K and Nguyen Joseph T
Bought by
Nguyen Lien K and Nguyen Joseph T

Purchase Details

Closed on
Aug 6, 1997
Sold by
Fong David
Bought by
Nguyen Lien K and Nguyen Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.43%
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 Buyer Sale Price Title Company
Basman Alexander -- None Available
Basman Alex $390,000 Ticor Title
Levenick Ryan -- Fidelity Natl Title Co Of Or
Levenick Ryan $270,000 Ticor Title Insurance Compan
Jewett Stan $275,000 Ticor Title
Nguyen Lien K -- Oregon Title Insurance Co
Nguyen Lien K $245,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basman Alexander $275,500
Closed Basman Alex $273,000
Previous Owner Levenick Ryan $203,280
Previous Owner Levenick Ryan $206,000
Previous Owner Levenick Ryan $180,000
Previous Owner Levenick Ryan $175,000
Previous Owner Jewett Stan $178,750
Previous Owner Nguyen Lien K $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2014 04/14/14 Sold $390,000 -2.3% $102 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $399,000 -- $105 / 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 $9,761 $462,640 -- --
2024 $9,216 $449,170 -- --
2023 $9,216 $436,090 $0 $0
2022 $8,820 $436,090 $0 $0
2021 $8,511 $411,060 $0 $0
2020 $8,253 $399,090 $0 $0
2019 $7,991 $387,470 $0 $0
2018 $7,737 $376,190 $0 $0
2017 $7,448 $365,240 $0 $0
2016 $7,188 $354,610 $0 $0
2015 $6,921 $344,290 $0 $0
2014 $6,774 $334,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14232902

Regional Multiple Listing Service (RMLS)

APN: R0172477