NOT LISTED FOR SALE

6616A SW Canyon Ln Portland, OR 97225

Estimated Value: $683,000 - $975,000

6 Beds
4 Baths
5,534 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $950,000 $172 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,589/month

18 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • 5 Car Garage
  • Bridlemile Elementary School Rated A-
  • Baseboard Heating
  • Level Lot

About This Home

As of July 2024

Charming, well maintained, 4-plex located on a picturesque lot in unincorporated Washington county! Units 6614 and 6616 are three stories with living space on the upper two stories including single car garages and unfinished basements. These are listed as two bedroom units with a den/bedroom upstairs and a single bath and bedroom on the main floor. Units 6614A and 6616A are daylight basement, one bedroom, one bathroom units with garages located in the detached building with one additional space to rent or for owner use. All units have the original charm of the 1950's with hardwood floors (under carpet), vintage tile floors and kitchen countertops and bathroom. Recent updates include; exterior paint, heating units, and electrical panels. Unit 6614 has 2023 updated carpet, interior paint, a new shower. Washer and Dryers are included in three of the units.This home has been in the family for over 40 years and has been operated as a ministry to the tenants with under market rates.Located steps away from the bus line this park like property with mature trees and peaceful grounds is truly one of a kind!

Last Agent to Sell the Property

Kristen Bier

ELEETE Real Estate License #201208411 Listed on: 05/01/2024

Co-Listed By

Sherry Francis

ELEETE Real Estate License #881100206

Last Buyer's Agent

Birch Rubens

Community Residential, LLC License #201231447

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,429

Year Built

  • Built in 1946

Lot Details

  • 0.45 Acre Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 5 Car Garage
  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 5,534 Sq Ft Home
  • 3-Story Property
  • Partial Basement

Schools

  • Bridlml-Ralghpk Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R80094

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Common Area

Building Details

  • Operating Expense $25,100
  • Gross Income $45,876
  • Net Operating Income $45,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,429

Year Built

Built in 1946

Lot Details

0

Parking

5

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1946
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement
  • Storage: Garage
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: Aluminum
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Commons, Level, Trees
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 5.0

Utilities

  • Fuel Description: Gas
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: AllLandscaping, Commons, FrontYardLandscaping
  • Association: No

Schools

  • Elementary School: Bridlml-Ralghpk
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: unknown
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19602.0
  • Parcel #: R80094

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 9428.6

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 24.52
  • Annual Gross Income: 45876.0
  • Property Net Operating Income: 45876.0
  • Annual Operating Expense: 25100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 1, 2024
Sold by
Anderson Canyon Lane Llc
Bought by
Chow Henry
Seller's Agent
Kristen Bier
ELEETE Real Estate
Buyer's Agent
Birch Rubens
Community Residential, LLC
List Price
$1,125,000
Sold Price
$950,000
Premium/Discount to List
-$175,000
-15.56%
Views
29
Current Estimated Value
$893,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,134
Avg. Annual Appreciation
-0.49%
Original Mortgage
$500,000
Outstanding Balance
$496,180
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$447,973

Purchase Details

Closed on
Sep 11, 2018
Sold by
Anderson Suzann and Anderson Harold
Bought by
Anderson Canyon Lane Llc
Source: Public Records

Range of Values:

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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
Chow Henry $950,000 Wfg Title
Anderson Canyon Lane Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chow Henry $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $950,000 -15.6% $172 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $1,125,000 -- $203 / 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
2025 $10,196 $514,680 -- --
2024 $9,429 $487,370 -- --
2023 $9,429 $473,180 $0 $0
2022 $9,050 $473,180 $0 $0
2021 $8,816 $446,020 $0 $0
2020 $8,582 $433,030 $0 $0
2019 $8,203 $420,420 $0 $0
2018 $7,878 $408,180 $0 $0
2017 $7,707 $396,300 $0 $0
2016 $6,856 $384,760 $0 $0
2015 $6,513 $373,560 $0 $0
2014 $6,120 $362,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristen Bier

    Seller's Agent in 2024

    Kristen Bier

    ELEETE Real Estate

    (503) 734-7560

    4 in this area

    65 Total Sales

    Kristen Bier
    Section Image
  • Sherry Francis

    Seller Co-Listing Agent in 2024

    Sherry Francis

    ELEETE Real Estate

    (503) 336-6010

    2 in this area

    106 Total Sales

    Sherry Francis
    Section Image
  • Birch Rubens

    Buyer's Agent in 2024

    Birch Rubens

    Community Residential, LLC

    (503) 535-9793

    1 in this area

    10 Total Sales

    Birch Rubens
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24130697

Regional Multiple Listing Service (RMLS)

APN: R0080094

Oregon Washington County Portland 97225

6616A SW Canyon Ln, Portland, OR

This home is located at 6616A SW Canyon Ln, Portland, OR 97225 since 01 May 2024 and is currently estimated at $893,866, approximately $161 per square foot. This property was built in 1946. 6616A SW Canyon Ln is a home located in Washington County with nearby schools including Bridlemile Elementary School, West Sylvan Middle School, and Lincoln High School.

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