NOT LISTED FOR SALE

6605 SE Holgate Blvd Unit 6609 Portland, OR 97206

Foster-Powell Neighborhood

Estimated Value: $448,000 - $578,000

4 Beds
2 Baths
1,440 Sq Ft
$347/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $460,000 $319 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,092/month

6 Days on Market

Highlights

  • Level Lot
  • 1-Story Property
  • 4-minute walk to Kern Park
  • Wall Furnace

About This Home

As of April 2018

MULTIPLE OFFERS IN HAND! Actual income/expense based on 1 owner occupied unit. Projection based on 2 rented units + property mgmt. Both units mirror each other.Each 720sf w/front + back patios, 2 beds w/beautiful hardwood floors + 1 bath. Kitchen w/elect cooking, FS fridge, FS range, full size W+D, sliders.Common garden area w/raised beds. 2 parking spots are paved + assigned. Great low-maintenance investment.Total Remodel 2013.

Last Agent to Sell the Property

Jeffrey Capen

Windermere Realty Trust License #200308199 Listed on: 03/09/2018

Windermere Realty Trust

Co-Listed By

John McClain

Windermere Realty Trust License #201218259

Last Buyer's Agent

Lee McKnight

Cascade Hasson Sotheby's International Realty License #960300246

Cascade Hasson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,322

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • Level Lot

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Arleta Elementary School
  • Franklin High School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R204542

Community Details

Overview

  • 2 Units
  • Foster Powell Subdivision

Building Details

  • Operating Expense $5,532
  • Gross Income $17,172
  • Net Operating Income $11,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,322

Year Built

Built in 1966 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1966
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Paved
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Arleta
  • High School: Franklin

Lot Info

  • Zoning: R2.5
  • Parcel #: R204542

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 26.2
  • Annual Gross Income: 17172.0
  • Property Net Operating Income: 11640.0
  • Annual Operating Expense: 5532.0

Tax Info

  • Tax Annual Amount: 3322.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Apr 10, 2018
Sold by
Matteson Amy Lynn
Bought by
Brandt Teresa
Seller's Agent
Jeffrey Capen
Windermere Realty Trust
Buyer's Agent
Lee McKnight
Cascade Hasson Sotheby's International Realty
List Price
$449,900
Sold Price
$460,000
Premium/Discount to List
$10,100
2.24%
Current Estimated Value
$499,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,515
Avg. Annual Appreciation
1.83%
Original Mortgage
$391,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2013
Closed on
Jul 11, 2013
Sold by
Federal National Mortgage Association
Bought by
Matteson Amy Lyn
Seller's Agent
Valerie Hunter
H & H Preferred Real Estate
Buyer's Agent
Angela McFarland
MORE Realty
List Price
$171,200
Sold Price
$175,000
Premium/Discount to List
$3,800
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.62%
Original Mortgage
$206,195
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 2012
Sold by
Lee Jonathan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 28, 2007
Sold by
Ramirez Eric
Bought by
Lee Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2005
Sold by
Tran Donny
Bought by
Ramirez Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.44%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 2001
Sold by
Kahut Jerald A
Bought by
Tran Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,084
Interest Rate
7.03%
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
Brandt Teresa $460,000 Lawyers Title
Matteson Amy Lyn $175,000 Nextitle
Federal National Mortgage Association $188,085 Fatco
Lee Jonathan $195,000 Chicago Title Insurance Co
Ramirez Eric $166,500 First American
Tran Danny $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandt Teresa $381,000
Closed Brandt Teresa $391,000
Previous Owner Matteson Amy Lynn $246,898
Previous Owner Matteson Amy Lyn $206,195
Previous Owner Lee Jonathan $156,000
Previous Owner Ramirez Eric $140,000
Previous Owner Ramirez Eric $35,000
Previous Owner Tran Danny $122,084
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $460,000 +2.2% $319 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $449,900 +157.1% $312 / Sq Ft
07/17/2013 07/17/13 Sold $175,000 +2.2% $122 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $171,200 -- $119 / 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 $4,445 $167,730 $0 $0
2022 $4,348 $162,850 $0 $0
2021 $4,275 $158,110 $0 $0
2020 $3,922 $153,510 $0 $0
2019 $3,778 $149,044 $0 $0
2018 $3,466 $136,800 $0 $0
2017 $3,322 $132,820 $0 $0
2016 $3,041 $128,960 $0 $0
2015 $2,961 $125,210 $0 $0
2014 $2,916 $121,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18383149

Regional Multiple Listing Service (RMLS)

APN: R204542