NOT LISTED FOR SALE

Estimated Value: $618,000 - $689,000

3 Beds
4 Baths
1,871 Sq Ft
$355/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $679,000 $363 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,079/month

48 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Green Certified Home
  • Astor Elementary School Rated 9+
  • 95% Forced Air Zoned Heating and Cooling System
  • 2-minute walk to McKenna Park

About This Home

As of October 2024

Stylishly updated newer construction in University Park neighborhood with completely private dreamy detached ADU with solid AirBnB income stream. Fully permitted in 2018, the detached ADU is a fabulous opportunity to offset your mortgage (STRs allowed!) or the ideal multi-generational living situation. This short term rental brought in over $22k in revenue via AirBnB in 2023. With its own street entrance off the alley and dedicated parking pad, it provides total privacy. At 487 sqft, this stylish one bedroom abode feels spacious, airy, and bright - perfect for friends, family or a weekend traveler. The main house provides the ideal floor plan: 3 beds + 2 full baths up, with ½ bath on main. Sunny and spacious, the south facing front porch welcomes you home! Enjoy the large living area with gas fireplace and LVP floors, open layout and fresh interior paint. Upstairs you will find brand new carpet, two sunny bedrooms and a spacious owner's suite with walk-in closet, bathroom skylight, hex tile floors and designer details. Oh, and the updates - 2021 central A/C, new roof in 2018, new electrical panel + 200 amp service in 2017, new gas furnace in 2014. Location is fabulous - a quick jaunt to New Seasons, Cathedral Coffee and more. Schools: Astor & Roosevelt within 1 mile. What an absolute dream. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10231709]

Last Agent to Sell the Property

Colleen Glaab

Portland's Alternative Inc., Realtors License #201217451 Listed on: 07/31/2024

Last Buyer's Agent

Melissa Dorman

Living Room Realty License #201222278

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,871 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 1 Parking Space
  • Driveway
  • Paved Parking

Eco-Friendly Details

  • Green Certified Home

Schools

  • Astor Elementary And Middle School
  • Roosevelt High School

Utilities

  • Window Unit Cooling System
  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Rent includes electricity, gas, heat, sewer, trashcollection, water
  • Assessor Parcel Number R165684

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • University Park Subdivision

Building Details

  • Gross Income $22,683

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,500

Year Built

Built in 1997 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1997
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding,T111Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter, Slab
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Paved
  • Attached Garage: No
  • Total Parking Spaces: 1.0

Utilities

  • Energy Efficiency Features: ForcedAir95Plus
  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: CentralAir, WindowUnit
  • Cooling Y N: Yes
  • Heating: ForcedAir, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Astor
  • High School: Roosevelt
  • Middle Or Junior School: Astor

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.0
  • Parcel #: R165684

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: Electricity, Gas, Heat, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 6499.59

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 29.93
  • Annual Gross Income: 22683.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 17, 2024
Sold by
Seethoff Joshua C and Seethoff Brianna A
Bought by
Belzer Albert and Gonzalez Andrea
Seller's Agent
Colleen Glaab
Portland's Alternative Inc., Realtors
Buyer's Agent
Melissa Dorman
Living Room Realty
List Price
$679,000
Sold Price
$679,000
Views
2
Current Estimated Value
$665,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,915
Avg. Annual Appreciation
-2.05%
Original Mortgage
$645,050
Outstanding Balance
$637,632
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$27,453

Purchase Details

Closed on
Jul 23, 2014
Sold by
Botto Christian S
Bought by
Seethoff Joshua C and Seethoff Brianna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Read Judith Marlene
Bought by
Botto Christian S and Botto Nena H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,950
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 11, 1998
Sold by
Girdner Randall
Bought by
Smith Judith Read

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,900
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
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
Belzer Albert $679,000 First American Title
Seethoff Joshua C $285,000 Wfg Title
Botto Christian S $229,950 First American Title Insuran
Smith Judith Read $134,900 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belzer Albert $645,050
Previous Owner Seethoff Joshua C $269,000
Previous Owner Botto Christian S $183,950
Previous Owner Smith Judith Read $107,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $679,000 0.0% $363 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $679,000 -- $363 / 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 $6,759 $252,630 -- --
2023 $6,759 $245,280 $0 $0
2022 $6,359 $238,140 $0 $0
2021 $6,251 $231,210 $0 $0
2020 $5,735 $224,480 $0 $0
2019 $5,524 $217,949 $0 $0
2018 $4,487 $177,070 $0 $0
2017 $4,300 $171,920 $0 $0
2016 $3,936 $166,920 $0 $0
2015 $3,832 $162,060 $0 $0
2014 $3,774 $157,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24157360

Regional Multiple Listing Service (RMLS)

APN: R165684