NOT LISTED FOR SALE

Estimated Value: $493,273 - $550,000

4 Beds
2 Baths
1,200 Sq Ft
$434/Sq Ft Est. Value

Last Sold April 21, 2015

Last sale price $325,000 $271 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,319/month

36 Days on Market

Highlights

  • Corner Lot
  • Washer and Dryer
  • 1-Story Property
  • Property is near a bus stop
  • Lap Siding

About This Home

As of April 2015

Great investment opportunity! Rent 1 Unit and Live in the other! Currently fully leased duplex/Auxiliary Unit. Updated existing unit and all NEW construction addition in back. Both units 2 bed 1 bath w/10 ft ceilings, new SS appliances, new carpet, vinyl, & new stackable washer and dryer. Shed and fenced yard. Back unit has off street parking space. Off street parking and right on bus line. Make offer contingent on interior inspection.

Last Agent to Sell the Property

Maureen Ostlund

BC Realty License #201209106 Listed on: 02/13/2015

Co-Listed By

Laura Murphy

Keller Williams Realty Portland Premiere License #201204041

Last Buyer's Agent

Chris Dorr

RE/MAX Equity Group License #200502417

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,762

Year Built

  • Built in 1909

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 1

Home Design

  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Storage In Attic
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Location

  • Property is near a bus stop

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,762

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1200
  • Stories: 1
  • Year Built: 1909
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: UPTON PK, BLOCK 4, LOT 8
  • Storage: Attic

Exterior Features

  • Exterior Description: Lap Siding
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 1

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Arleta
  • High School: Franklin

Lot Info

  • Lot Description: On Busline, Corner, Level
  • Zoning: R5

Tax Info

  • Tax Amount: 3844.97
  • Assessor Parcel Number: R292927

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.95

MLS Schools

  • Elementary School: Arleta
  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2015
Closed on
Apr 20, 2015
Sold by
Bulldog Capital Partners Llc
Bought by
Consola Matthew P
Seller's Agent
Maureen Ostlund
BC Realty
Buyer's Agent
Chris Dorr
RE/MAX Equity Group
List Price
$334,900
Sold Price
$325,000
Premium/Discount to List
-$9,900
-2.96%
Current Estimated Value
$521,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,068
Avg. Annual Appreciation
4.36%

Purchase Details

Closed on
Jan 17, 2013
Sold by
Meucci Sharon
Bought by
Real Estate Investment Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,520
Interest Rate
3.32%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 18, 2012
Sold by
Real Estate Investment Solutions Llc
Bought by
Bulldog Capital Partners Llc

Purchase Details

Closed on
Mar 18, 2001
Sold by
Wells Fargo Bank
Bought by
Meucci Todd C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2000
Sold by
Horlacher Timmy A and Horlacher Victoria M
Bought by
Norwest Bank Minnesota Na and Salomon Brothers Mtg Securities Vii Inc

Purchase Details

Closed on
Feb 4, 1998
Sold by
Bauske Craig T and Bauske Karen K
Bought by
Cooley Cheri D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1998
Sold by
Cooley Cheri D
Bought by
Horlacher Timmy A and Horlacher Victoria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
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
Consola Matthew P $325,000 Old Republic
Real Estate Investment Solutions Llc $80,000 First American
Bulldog Capital Partners Llc $85,000 Lawyers
Meucci Todd C $70,000 Stewart Title
Norwest Bank Minnesota Na $90,289 Transnation Title Insurance
Cooley Cheri D $60,414 Transnation Title Insurance
Horlacher Timmy A $84,950 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bulldog Capital $206,000
Previous Owner Bulldog Capital Partners Llc $91,520
Previous Owner Meucci Todd C $36,000
Previous Owner Meucci Todd C $70,000
Previous Owner Horlacher Timmy A $97,750
Previous Owner Horlacher Victoria M $78,450
Previous Owner Cooley Cheri D $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2015 04/21/15 Sold $325,000 -3.0% $271 / Sq Ft
03/21/2015 03/21/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $334,900 -- $279 / 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 $5,762 $215,370 -- --
2023 $5,541 $209,100 $0 $0
2022 $5,421 $203,010 $0 $0
2021 $5,329 $197,100 $0 $0
2020 $4,889 $191,360 $0 $0
2019 $4,709 $185,790 $0 $0
2018 $4,571 $180,380 $0 $0
2017 $4,381 $175,130 $0 $0
2016 $4,009 $170,030 $0 $0
2015 $3,904 $165,080 $0 $0
2014 -- $160,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15383098

Regional Multiple Listing Service (RMLS)

APN: R292927