NOT LISTED FOR SALE

Estimated Value: $517,000 - $698,000

6 Beds
3 Baths
3,112 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $545,000 $175 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,089/month

74 Days on Market

About This Home

As of August 2018

Unique triplex in hot Lents neighborhood! Half mile from Lents' redeveloped core with new commercial and multifamily! Strong rents and long-term tenants make this an ideal investment property for this up-and-coming Portland pocket! One single family home and duplex in rear, all units 2 bed, 1 bath and nicely updated and maintained. You won't want to miss this one! Please, do not disturb tenants!

Last Agent to Sell the Property

Brad Twiss

Neighbors Realty License #201209882 Listed on: 04/19/2018

Last Buyer's Agent

Leanne Ishibashi

MORE Realty License #201003122

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,421

Year Built

  • Built in 1900

Lot Details

  • Level Lot

Parking

  • Open Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Dishwasher
  • Washer and Dryer Hookup
  • Property Views

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,421

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3112
  • Stories: 2
  • Year Built: 1900
  • Property Condition: Approximately
  • Remarks Public: Unique triplex in hot Lents neighborhood! Half mile from Lents' redeveloped core with new commercial and multifamily! Strong rents and long-term tenants make this an ideal investment property for this up-and-coming Portland pocket! One single family home and duplex in rear, all units 2 bed, 1 bath and nicely updated and maintained. You won't want to miss this one! Please, do not disturb tenants!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WEBBS ADD, BLOCK 1 TL 2600
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Parking Description: Open

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

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

Schools

  • Elementary School: Kelly
  • Middle School: Lane
  • High School: Franklin

Lot Info

  • Lot Description: Level
  • Zoning: R2

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 7162.50
  • Assessor Parcel Number: R299878

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.33

MLS Schools

  • Elementary School: Kelly
  • High School: Franklin
  • Middle School: Lane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Aug 1, 2018
Sold by
Lohman Theodore
Bought by
Trieu Khanh T
Seller's Agent
Brad Twiss
Neighbors Realty
Buyer's Agent
Leanne Ishibashi
MORE Realty
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Current Estimated Value
$606,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,420
Avg. Annual Appreciation
1.50%
Original Mortgage
$387,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2015
Closed on
Oct 14, 2015
Sold by
Lohman Theodore
Bought by
Lohman Family Trust
Seller's Agent
Russel Homewood
Premiere Property Group, LLC
Buyer's Agent
Camille Mayeux
Living Room Realty
List Price
$365,000
Sold Price
$345,000
Premium/Discount to List
-$20,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%
Original Mortgage
$233,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2015
Closed on
Oct 5, 2015
Sold by
Muneer Muhammad A
Bought by
Lohman Theodore
Seller's Agent
Russel Homewood
Premiere Property Group, LLC
Buyer's Agent
Camille Mayeux
Living Room Realty
List Price
$365,000
Sold Price
$345,000
Premium/Discount to List
-$20,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2005
Sold by
Bec Josif
Bought by
Muneer Muhammad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2002
Sold by
Bec Jacob
Bought by
Bec Josif and Bec Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,983
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2001
Sold by
Stovall Vivian
Bought by
Bec Jacob
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
Trieu Khanh T $545,000 First American Title
Lohman Family Trust -- Accommodation
Lohman Theodore $345,000 Lawyers Title
Muneer Muhammad A $301,000 Fidelity Natl Title Co Of Or
Bec Josif $260,000 Transnation Title Insurance
Bec Jacob $50,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trieu Khanh T $379,611
Closed Trieu Khanh T $380,000
Closed Trieu Khanh T $387,500
Previous Owner Lohman Theodore $329,000
Previous Owner Lohman Theodore $233,500
Previous Owner Muneer Muhammad A $199,500
Previous Owner Muneer Muhammad A $202,500
Previous Owner Muneer Muhammad A $265,500
Previous Owner Bec Josif $255,983
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $545,000 -0.9% $175 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $550,000 +59.4% $177 / Sq Ft
10/08/2015 10/08/15 Sold $345,000 -5.5% $111 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
05/30/2015 05/30/15 For Sale $365,000 -- $117 / 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 $9,421 $352,130 -- --
2023 $9,059 $341,880 $0 $0
2022 $8,863 $331,930 $0 $0
2021 $8,713 $322,270 $0 $0
2020 $7,993 $312,890 $0 $0
2019 $7,700 $303,780 $0 $0
2018 $7,473 $294,940 $0 $0
2017 $7,163 $286,350 $0 $0
2016 $6,555 $278,010 $0 $0
2015 $6,383 $269,920 $0 $0
2014 $6,084 $262,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18625768

Regional Multiple Listing Service (RMLS)

APN: R299878