NOT LISTED FOR SALE

Estimated Value: $398,000 - $463,030

2 Beds
2 Baths
1,248 Sq Ft
$343/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $341,500 $274 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,621/month

51 Days on Market

Highlights

  • Parking Storage or Cabinetry
  • Level Lot
  • 1-Story Property
  • Washer and Dryer

About This Home

As of December 2020

Well-maintained duplex in a quiet residential neighborhood. Washer & dryer hook up. One unit has washer & dryer. Newer vinyl double-pane windows. One unit has ceiling & baseboard heating. Cadet heating at other unit. Private back patio. Fenced. Almost 1,200 SF new storage/garage in the back is vacant. Newly paved. The storage has electricity with a separate meter & is water stubbed. Projected income includes storage rental income. Duplex next to this building w/ higher rent is for sale, too.

Last Agent to Sell the Property

Jessica Hur

RE/MAX Equity Group License #881200144 Listed on: 08/09/2020

RE/MAX Equity Group

Last Buyer's Agent

Kevin Smallbeck

RE/MAX Equity Group License #981000145

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 1961

Lot Details

  • 6,360

Home Design

  • Slab Foundation
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Range
  • Washer and Dryer

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Assigned Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,470

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1248
  • Stories: 1
  • Year Built: 1961
  • Property Condition: Approximately
  • Remarks Public: Well-maintained duplex in a quiet residential neighborhood. Washer & dryer hook up. One unit has washer & dryer. Newer vinyl double-pane windows. One unit has ceiling & baseboard heating. Cadet heating at other unit. Private back patio. Fenced. Almost 1,200 SF new storage/garage in the back is vacant. Newly paved. The storage has electricity with a separate meter & is water stubbed. Projected income includes storage rental income. Duplex next to this building w/ higher rent is for sale, too.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 516 LAMBERT ACRES PT LT 4 BLK 4
  • Basement: None
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Window Unit(s)
  • Heating Description: Zoned

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup, Washer/Dryer

Schools

  • Elementary School: Ardenwald
  • Middle School: Rowe
  • High School: Milwaukie

Lot Info

  • Lot Description: Level
  • Zoning: R
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 2694.61
  • Assessor Parcel Number: 00057351
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.91

MLS Schools

  • Elementary School: Ardenwald
  • High School: Milwaukie
  • Middle School: Rowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2020
Closed on
Dec 1, 2020
Sold by
Horn Okja
Bought by
Carson Family Llc
Seller's Agent
Jessica Hur
RE/MAX Equity Group
Buyer's Agent
Kevin Smallbeck
RE/MAX Equity Group
List Price
$350,000
Sold Price
$341,500
Premium/Discount to List
-$8,500
-2.43%
Current Estimated Value
$428,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,508
Avg. Annual Appreciation
4.22%

Purchase Details

Closed on
Oct 1, 2020
Sold by
Horn Okja and Okja Horn Living Trust
Bought by
Carson Family Llc

Purchase Details

Closed on
Apr 16, 2012
Sold by
Lamb Hilliard Properties Llc
Bought by
Hom Okja and Okja Hom Living Trust

Purchase Details

Closed on
May 16, 2011
Sold by
Lamb Joy L and Hilliard Dian J
Bought by
Lamb Hilliard Properties Llc

Purchase Details

Closed on
Apr 6, 2010
Sold by
Lamb Joy L
Bought by
Lamb Joy L and Hilliard Dian J

Purchase Details

Closed on
Jul 21, 2005
Sold by
Lamb William R
Bought by
Lamb William R and William R Lamb Revocable Living Trust
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
Carson Family Llc $341,500 First American
Carson Family Llc $341,500 First American
Hom Okja $125,000 Chicago Title Company Of Or
Lamb Hilliard Properties Llc -- None Available
Lamb Joy L -- None Available
Lamb William R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $341,500 -2.4% $274 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $350,000 +2.5% $280 / Sq Ft
08/10/2020 08/10/20 Off Market $341,500 -- --
08/09/2020 08/09/20 For Sale $350,000 -- $280 / 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 $3,470 $179,881 $0 $0
2022 $3,188 $174,642 $0 $0
2021 $3,071 $169,556 $0 $0
2020 $2,972 $164,618 $0 $0
2019 $2,695 $147,037 $0 $0
2018 $2,355 $142,754 $0 $0
2017 $2,278 $138,596 $0 $0
2016 $2,195 $134,559 $0 $0
2015 $2,132 $130,640 $0 $0
2014 $2,015 $126,835 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20517911

Regional Multiple Listing Service (RMLS)

APN: 00057351