NOT LISTED FOR SALE

6840 SW Garden Home Rd Portland, OR 97223

Estimated Value: $590,000 - $741,000

3 Beds
3 Baths
2,223 Sq Ft
$287/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $570,000 $256 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,855/month

18 Days on Market

Highlights

  • Landscaped with Trees
  • Baseboard Heating
  • Wood Siding
  • Montclair Elementary School Rated A-
  • Level Lot

About This Home

As of November 2023

Great location at the end of the drive. Grassy yard with decks. Walk score of 83. Close to Trader Joe's, Dairy Queen and Garden Home Rec Center. Less than 2 miles to Washington Sq. On bus line. Fully occupied with a good rental history.

Last Agent to Sell the Property

Susie Brooks

MORE Realty Brokerage Phone: 503-780-4445 License #990100084 Listed on: 10/17/2023

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Last Buyer's Agent

Abdullah Melli

MORE Realty License #900600263

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,002

Year Built

  • Built in 1986

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,223 Sq Ft Home
  • 2-Story Property

Schools

  • Montclair Elementary School
  • Whitford Middle School
  • Beaverton High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance
  • Assessor Parcel Number R221405

Community Details

Overview

  • 2 Units
  • Garden Home Subdivision

Building Details

  • Operating Expense $13,190
  • Gross Income $52,680
  • Net Operating Income $31,490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,002

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1986
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

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

Schools

  • Elementary School: Montclair
  • High School: Beaverton
  • Middle Or Junior School: Whitford

Lot Info

  • Zoning: Duplex
  • Parcel #: R221405

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 5002.04

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.34
  • Annual Gross Income: 52680.0
  • Property Net Operating Income: 31490.0
  • Annual Operating Expense: 13190.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Jan 26, 2024
Sold by
Revocable Living Trust Agreement Of Deni and Allen Aaron C
Bought by
Sosman Llc
Seller's Agent
Susie Brooks
MORE Realty
Buyer's Agent
Abdullah Melli
MORE Realty
List Price
$675,000
Sold Price
$570,000
Premium/Discount to List
-$105,000
-15.56%
Views
5
Current Estimated Value
$637,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,322
Avg. Annual Appreciation
4.04%

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 28, 2023
Sold by
Denise C Allen C and Denise Ray A
Bought by
Sosman Llc
Seller's Agent
Susie Brooks
MORE Realty
Buyer's Agent
Abdullah Melli
MORE Realty
List Price
$675,000
Sold Price
$570,000
Premium/Discount to List
-$105,000
-15.56%
Views
5

Purchase Details

Closed on
Jan 30, 2017
Sold by
Allen Denise C and Allen Ray A
Bought by
Allen Denise C and Allen Ray A

Purchase Details

Closed on
Oct 15, 2014
Sold by
Allen Aaron
Bought by
Allen Ray A and Allen Denise C

Purchase Details

Closed on
Jun 16, 2003
Sold by
Foxx Travis M and Foxx Lisa C
Bought by
Allen Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 1998
Sold by
Makadia Bharat V and Vachhani Shailesh
Bought by
Foxx Travis M and Foxx Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.91%
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
Sosman Llc -- Wfg Title
Sosman Llc $570,000 Wfg Title
Allen Denise C -- American Land Title
Allen Ray A $204,217 Wfg Title
Allen Aaron $270,000 Transnation
Foxx Travis M $200,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Denise C $78,500
Previous Owner Allen Aaron $227,000
Previous Owner Allen Aaron $216,000
Previous Owner Allen Aaron $50,000
Previous Owner Foxx Travis M $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $570,000 -12.3% $256 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
11/01/2023 11/01/23 Price Changed $650,000 -3.7% $292 / Sq Ft
10/17/2023 10/17/23 For Sale $675,000 -- $304 / 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 $5,505 $303,990 -- --
2024 $5,170 $295,140 -- --
2023 $5,170 $286,550 $0 $0
2022 $5,002 $286,550 $0 $0
2021 $4,822 $270,110 $0 $0
2020 $4,677 $262,250 $0 $0
2019 $4,524 $254,620 $0 $0
2018 $4,376 $247,210 $0 $0
2017 $4,219 $240,010 $0 $0
2016 $4,068 $233,020 $0 $0
2015 $3,911 $226,240 $0 $0
2014 $3,740 $219,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23235186

Regional Multiple Listing Service (RMLS)

APN: R0221405