NOT LISTED FOR SALE

Estimated Value: $448,000 - $502,000

4 Beds
4 Baths
2,064 Sq Ft
$229/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $238,000 $115 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,945/month

212 Days on Market

Highlights

  • Attached Garage
  • 3-minute walk to Rockwood/E 188Th Transit Center
  • Level Lot
  • Parking Storage or Cabinetry
  • Washer and Dryer

About This Home

As of January 2015

Light and Bright Duplex with Open Floor Plan. This great investment property features two mirror town house style units, each offering 1074 sqft, two bedrooms with walk-in closets, two full bathrooms, large kitchen that opens to great room, fenced backyard with deck, two car garage (for each unit), and private location close to public transportation.

Last Agent to Sell the Property

Dr. Tony Kelly

Keller Williams Realty Portland Premiere License #200307135 Listed on: 04/09/2014

Keller Williams Realty Portland Premiere

Last Buyer's Agent

Vance Corcoran

John L Scott Portland SW License #950400248

John L Scott Portland SW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,555

Year Built

  • Built in 2000

Lot Details

  • 5,097

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,555

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2064
  • Stories: 2
  • Year Built: 2000
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PARTITION PLAT 1999-11, LOT 2
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Window Unit(s)
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

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

Schools

  • Elementary School: Davis
  • Middle School: Reynolds
  • High School: Reynolds

Lot Info

  • Lot Description: Level
  • Zoning: ldr7

Tax Info

  • Tax Amount: 2561.05
  • Assessor Parcel Number: R240442

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.57

MLS Schools

  • Elementary School: Davis
  • High School: Reynolds
  • Middle School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jan 15, 2015
Sold by
Hoven Michale
Bought by
Schalck Timothy Allen
Seller's Agent
Dr. Tony Kelly
Keller Williams Realty Portland Premiere
Buyer's Agent
Vance Corcoran
John L Scott Portland SW
List Price
$259,900
Sold Price
$238,000
Premium/Discount to List
-$21,900
-8.43%
Current Estimated Value
$471,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,748
Avg. Annual Appreciation
6.65%
Original Mortgage
$190,400
Outstanding Balance
$149,044
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$322,704

Purchase Details

Closed on
Oct 28, 2005
Sold by
Hoven Michael S
Bought by
Hoven Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
5.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 18, 2003
Sold by
Hitterdal Enterprises Llc
Bought by
Hoven Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,421
Interest Rate
5.89%
Mortgage Type
FHA
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
Schalck Timothy Allen $238,000 Wfg Title
Hoven Michael -- --
Hoven Michael S $200,520 Transnation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schalck Timothy Allen $190,400
Previous Owner Hoven Michael $201,400
Previous Owner Hoven Michael S $197,421
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $238,000 -8.4% $115 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $259,900 -- $126 / 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 $4,555 $243,590 -- --
2023 $4,122 $236,500 $0 $0
2022 $4,020 $229,620 $0 $0
2021 $3,921 $222,940 $0 $0
2020 $3,668 $216,450 $0 $0
2019 $3,517 $210,150 $0 $0
2018 $3,481 $204,030 $0 $0
2017 $3,369 $198,090 $0 $0
2016 $3,222 $192,330 $0 $0
2015 $3,129 $186,730 $0 $0
2014 $2,949 $179,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14263005

Regional Multiple Listing Service (RMLS)

APN: R240442