$410,000
SOLD FEB 16, 2024
3 Beds
1.5 Baths
2,472 Sq Ft
6,969 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

4% Below List Price

4 Days on Market

Highlights

  • RV Access or Parking
  • 2 Car Detached Garage
  • Bungalow
  • No HOA
  • Living Room
  • Central Air

About This Home

As of September 2024

Unique Opportunity: Fixer with RM1 Zoning and Potential in a Prime Location! This property offers a distinctive chance for the savvy investor or developer. Situated in a highly desirable location, just off MLK Blvd, this .16-acre lot (approx. 7100 sq ft) is zoned RM1, offering versatile possibilities for multi-unit development, potentially up to 3 stories tall. Built in 1904, the existing house requires renovation or demolition, but the true value lies in the land and its zoning potential. A large shop on the property adds to the possibilities. The location is a highlight, offering easy access to shopping, transportation, parks, restaurants, and more. Whether you're a developer looking to maximize the potential of this RM1 zoned lot or a buyer with a vision to transform this property, this is an incredible opportunity.

Last Agent to Sell the Property

Robin Malcomson

Opt Brokerage Phone: 503-908-4908 License #201104098 Listed on: 01/24/2024

Opt

Last Buyer's Agent

Robert Curtis

Like Kind Realty License #201101115

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,961

Year Built

  • Built in 1904

Lot Details

  • 6,969 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Bungalow
  • Fixer Upper
  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,472 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outbuilding

Schools

  • Martinl King Jr Elementary And Middle School
  • Grant High School

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R136634

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,961

Year Built

Built in 1904

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1904
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 12 Features: CeilingFan,Fireplace,HardwoodFloors
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.1
  • Fireplaces: 1
  • Basement: Daylight, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Insert
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: LapSiding
  • Exterior Features: Outbuilding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Other
  • Hot Water: Other
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: MartinL King Jr
  • High School: Grant
  • Middle Or Junior School: MartinL King Jr

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.0
  • Parcel #: R136634

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2961.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 16, 2024
Sold by
Foundation Up Llc and Lamb Real Estate Holdings Llc
Bought by
Hansson Ian and Moon-Hansson Heather Jermaine
Seller's Agent
Robert Curtis
Like Kind Realty
Buyer's Agent
Fatima Ammar
Lovejoy Real Estate
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
32
Current Estimated Value
$788,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,437
Avg. Annual Appreciation
-1.35%
Original Mortgage
$565,500
Outstanding Balance
$559,143
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$229,420

Purchase Details

Listed on
Jan 24, 2024
Closed on
Feb 15, 2024
Sold by
Fisher Michael M and Fisher Marsha A
Bought by
Foundation Up Llc and Lamb Real Estate Holdings Llc
Seller's Agent
Robin Malcomson
Opt
Buyer's Agent
Robert Curtis
Like Kind Realty
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Views
838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
210.49%
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 Type Sale Price Title Company
Warranty Deed $800,000 Wfg Title
Warranty Deed $410,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $565,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2024 09/18/24 Sold $800,000 +1.4% $216 / Sq Ft View Prior Sale
08/27/2024 08/27/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $789,000 -1.3% $213 / Sq Ft
07/24/2024 07/24/24 Price Changed $799,000 -3.2% $215 / Sq Ft
07/12/2024 07/12/24 For Sale $825,000 +101.2% $222 / Sq Ft
02/16/2024 02/16/24 Sold $410,000 -3.5% $166 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $425,000 -- $172 / 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
2024 $3,080 $115,100 -- --
2023 $2,961 $111,750 $0 $0
2022 $2,897 $108,500 $0 $0
2021 $2,848 $105,340 $0 $0
2020 $2,613 $102,280 $0 $0
2019 $2,517 $99,310 $0 $0
2018 $2,443 $96,420 $0 $0
2017 $2,342 $93,620 $0 $0
2016 $2,143 $90,900 $0 $0
2015 $2,087 $88,260 $0 $0
2014 $2,056 $85,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24541943

Regional Multiple Listing Service (RMLS)

APN: R136634