NOT LISTED FOR SALE
11 Beds
8 Baths
3,753 Sq Ft
1900 Built

Sale Details

Date Sold: February 24, 2022

Last sale price $525,000 $140 Per Sq Ft

124 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 3-minute walk to Museum Park

About This Home

As of February 2022

INVESTORS, TAKE A LOOK! Total rents for this property are currently at $4010/month, with good payment records. This is an excellent income-producing property with recent updates and solid tenants. Central air, forced air gas heat, vinyl windows, and washer/dryer hookups in each unit. Income figures include professional management fees - manage the property yourself for a higher return on investment! Interior inspection of all units available upon accepted offer. Please do not disturb tenants.

Last Agent to Sell the Property

Molly Webb Thompson

Webb Property Resources Brokerage Email: molly.s.webb@gmail.com License #201215719 Listed on: 07/02/2021

Last Buyer's Agent

Dawn Blalack

Keller Williams PDX Central License #201209982

Keller Williams PDX Central
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,337

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,753 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Paved Parking
  • Open Parking

Schools

  • Sherwood Hts Elementary School
  • Sunridge Middle School
  • Pendleton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 110121

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $11,187
  • Gross Income $41,544
  • Net Operating Income $30,358

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,337

Year Built

Built in 1900 | Remodeled

Lot Details

0 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1900
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 525000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, PartialBasement
  • Storage: None
  • Total Bedrooms: 11
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Metal

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity,Tank
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Sherwood Hts
  • High School: Pendleton
  • Middle Or Junior School: Sunridge

Lot Info

  • Zoning: R3
  • Parcel #: 110121

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3336.74

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.73
  • Annual Gross Income: 41544.0
  • Property Net Operating Income: 30358.0
  • Annual Operating Expense: 11187.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jan 27, 2020
Sold by
Ansell Julian
Bought by
Seller's Agent
Tom Abalan
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Heidi Carver
Stellar Realty Northwest
List Price
$327,450
Sold Price
$349,000
Premium/Discount to List
$21,550
6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,678
Outstanding Balance
$297,647
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 12, 2016
Closed on
Jun 2, 2016
Sold by
Solomon Daniel S and Solomon Rae E
Bought by
Ansell Julia
Seller's Agent
Milne Purchase McLaughlin
Clark Jennings & Asso. OR, LLC
Buyer's Agent
Tom Abalan
Kelly Right Real Estate of Portland, LLC
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%
Original Mortgage
$153,750
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2012
Sold by
Hascall Lon and Hascall Derrie
Bought by
Solomon Daniel S and Solomon Rae A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2006
Sold by
Hascall Lon L and Hascall Derrie I
Bought by
Soloman Daniel S and Solomon Rae A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$349,000 Pioneer Title Co
Ansell Julia $205,000 Pioneer Title Co
Solomon Daniel S -- Pioneer Title Co
Soloman Daniel S -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $342,678
Previous Owner Ansell Julia $153,750
Previous Owner Hale Farms Llc $3,023,000
Previous Owner Solomon Daniel S $154,000
Previous Owner Hascall Lon $169,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2022 02/24/22 Sold $525,000 -0.8% $140 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $529,000 -0.9% $141 / Sq Ft
09/08/2021 09/08/21 Price Changed $534,000 -0.9% $142 / Sq Ft
07/02/2021 07/02/21 For Sale $539,000 +54.4% $144 / Sq Ft
01/31/2020 01/31/20 Sold $349,000 -2.9% $93 / Sq Ft View Prior Sale
11/01/2019 11/01/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $359,500 +9.8% $96 / Sq Ft
06/03/2019 06/03/19 For Sale $327,450 +59.7% $87 / Sq Ft
06/08/2016 06/08/16 Sold $205,000 0.0% $55 / Sq Ft View Prior Sale
04/21/2016 04/21/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $205,000 -- $55 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,745 $218,484 $52,020 $166,464
2025 $2,440 $214,200 $51,000 $163,200
2024 $2,276 $108,800 $26,967 $81,833
2023 $2,276 $106,668 $26,439 $80,229
2022 $2,097 $104,577 $25,921 $78,656
2021 $1,949 $102,527 $25,413 $77,114
2020 $1,848 $101,477 $25,153 $76,324
2019 $1,827 $101,477 $25,153 $76,324
2018 $1,757 $97,538 $24,177 $73,361
2017 $1,728 $95,626 $23,703 $71,923
2016 $1,651 $93,752 $23,239 $70,513
2015 $1,616 $92,344 $22,890 $69,454
2014 $1,508 $85,000 $21,250 $63,750
Source: Public Records

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21349719

Regional Multiple Listing Service (RMLS)
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