NOT LISTED FOR SALE

Estimated Value: $826,000 - $993,000

6 Beds
5 Baths
3 Sq Ft
$306,507/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $784,500 $261,500 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,077/month

5 Days on Market

Highlights

  • Deck
  • 3-minute walk to Rosa Parks
  • Fireplace
  • Chief Joseph Elementary School Rated 9+
  • Corner Lot
  • Views

About This Home

As of March 2020

Modern Arbor Lodge home with killer roof top deck w/ city views & a 2 bed ADU on lower level w/ established & permitted Airbnb. Light & bright main home has 2,186 sq ft w/ 4 beds/ 3.5 baths, an open floor plan,10 ft ceilings and an amazing deck ready to entertain! 780 sq ft 2 bed/1 bath ADU w/ turn key Airbnb business w/ $18k revenue in the past 12 months

Last Agent to Sell the Property

Kimberly Borcherding

eXp Realty, LLC License #201108054 Listed on: 01/30/2020

eXp Realty, LLC

Co-Listed By

Sara Jones Graham

Cascade Hasson Sotheby's International Realty License #201225629

Last Buyer's Agent

Kathryn Kreimer

Windermere Realty Trust License #200809060

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,265

Year Built

  • Built in 2017

Lot Details

  • 1,742

Parking

  • Paved Parking

Home Design

  • Wood Siding
  • Tongue and Groove Exterior
  • Cement Siding
  • Cedar

Interior Spaces

  • 4-Story Property
  • Fireplace
  • Washer and Dryer
  • Property Views

Kitchen

  • Dishwasher
  • Disposal

Finished Basement

  • Exterior Basement Entry
  • Apartment Living Space in Basement

Utilities

  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Deck
  • Corner Lot

Listing and Financial Details

  • Rent includes electricity, trash collection, heat, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,265

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3
  • Stories: 4
  • Year Built: 2017
  • Remarks Public: Modern Arbor Lodge home with killer roof top deck w/ city views & a 2 bed ADU on lower level w/ established & permitted Airbnb. Light & bright main home has 2,186 sq ft w/ 4 beds/ 3.5 baths, an open floor plan,10 ft ceilings and an amazing deck ready to entertain! 780 sq ft 2 bed/1 bath ADU w/ turn key Airbnb business w/ $18k revenue in the past 12 months
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ROSALIND ADD, BLOCK 6, N 44.6' OF W 37.5' OF LOT 7
  • Basement: Finished, Exterior Entry, Separate Living Quarters/Apartment/Aux Living Unit

Exterior Features

  • Exterior Description: Cedar, Cement Siding, Tongue and Groove, Wood Siding
  • Lot Size: 0K to 2,999 SqFt
  • View: City
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas, Tankless
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ductless

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Disposal, Fireplace, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Chief Joseph
  • Middle School: Ockley Green
  • High School: Jefferson
  • School Elementary2: Ockley Green
  • School High2: Roosevelt

Lot Info

  • Lot Description: Corner Lot
  • Zoning: R1
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 6
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10119136
  • Green Verification HES Year: 2019

Rental Info

  • Rent Includes: Electricity, Trash Collection, Heat, Sewer, Water

Tax Info

  • Tax Amount: 10839.86
  • Assessor Parcel Number: R259184
  • Tax Year: 2019

Multi Family

  • Gross Rent Multiplier: 42.08

MLS Schools

  • Elementary School: Chief Joseph
  • High School: Jefferson
  • Middle School: Ockley Green

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
May 5, 2017
Sold by
Citycraft Development Llc
Bought by
Newton Patrick
Seller's Agent
Brian Eustis
MORE Realty
Buyer's Agent
Kimberly Borcherding
eXp Realty, LLC
List Price
$799,900
Sold Price
$809,900
Premium/Discount to List
$10,000
1.25%
Current Estimated Value
$919,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,622
Avg. Annual Appreciation
1.76%
Original Mortgage
$647,904
Outstanding Balance
$541,991
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$395,248

Purchase Details

Closed on
Jul 9, 2014
Sold by
Huff Timothy C
Bought by
Dozer Construction Llc and Geza Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
4.07%
Mortgage Type
Commercial
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
Newton Patrick $809,900 Chicago Title Co Of Or
Dozer Construction Llc $259,900 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton Patrick $82,058
Open Newton Patrick $647,904
Previous Owner Dozer Construction Llc $785,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $784,500 -1.8% $261,500 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $799,000 -1.3% $266,333 / Sq Ft
05/05/2017 05/05/17 Sold $809,900 +1.3% $285 / Sq Ft
03/26/2017 03/26/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $799,900 -- $282 / 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 $13,265 $495,780 -- --
2023 $12,755 $481,340 $0 $0
2022 $12,479 $467,330 $0 $0
2021 $12,267 $453,720 $0 $0
2020 $11,254 $440,510 $0 $0
2019 $10,840 $427,680 $0 $0
2018 $10,521 $415,226 $0 $0
2017 $3,558 $74,790 $0 $0
2016 $1,712 $72,620 $0 $0
2015 $1,871 $79,140 $0 $0
2014 $2,335 $97,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20136697

Regional Multiple Listing Service (RMLS)

APN: R259184