NOT LISTED FOR SALE

Estimated Value: $717,000 - $735,048

12 Beds
8 Baths
3,653 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $780,000 $214 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,816/month

60 Days on Market

Highlights

  • RV Access or Parking
  • Solar Power System
  • Hydromassage or Jetted Bathtub
  • Cleveland High School Rated A-
  • Maid or Guest Quarters
  • Private Yard

About This Home

As of March 2022

Large Adult Foster Care Home! There are 6 bedrooms and 3/1 baths for the completely separated and fully equipped Caregivers side. For the resident portion there are 6 bedrooms and 2/2 bathrooms; this property is set up perfectly for running a business, raising a family or both at the same time. Minutes to I-205, Reed College and even downtown Portland make it convenient to get to anywhere. The almost 14,000 sqft lot is dividable and in R5 zoning - Buyer to do due diligence on development.

Last Agent to Sell the Property

Ruben Isai

MORE Realty License #201234887 Listed on: 12/13/2021

MORE Realty

Last Buyer's Agent

Adriana Gavozdea

Premiere Property Group, LLC License #201236462

Premiere Property Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,894

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 0.31

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Lap Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • Maid or Guest Quarters
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessibility Features
  • Accessible Approach with Ramp
  • Accessible Entrance

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Solar Power System
  • Covered patio or porch
  • Private Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,894

Year Built

Built in 1926 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 2 Story, 1 Story
  • Sq Ft Calculated: 3653
  • Sq Ft Approximate Total: 3653
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1926
  • Property Condition: Updated/Remodeled
  • Remarks Public: Large Adult Foster Care Home! There are 6 bedrooms and 3/1 baths for the completely separated and fully equipped Caregivers side. For the resident portion there are 6 bedrooms and 2/2 bathrooms; this property is set up perfectly for running a business, raising a family or both at the same time. Minutes to I-205, Reed College and even downtown Portland make it convenient to get to anywhere. The almost 14,000 sqft lot is dividable and in R5 zoning - Buyer to do due diligence on development.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Caregiver Quarters, Accessible Entrance, Accessible Hallway(s), Accessible Approach with Ramp, Accessible Full Bath
  • Main Level Bathrooms: 3.3
  • Total Bathrooms: 5.3
  • Interior Amenities: Laundry, Washer/Dryer, Jetted Tub
  • Kitchen Appliances: Free-Standing Refrigerator, Stainless Steel Appliance(s), Free-Standing Gas Range
  • Legal Description: LUTHER PL, BLOCK 2, LOT 3
  • Sq Ft Main Level: 2653
  • Upper Level Sq Ft: 1000
  • Bedrooms: 12
  • Master Bedroom: On Level: Main
  • Full Bathrooms: 5
  • Partial Bathrooms: 3
  • Basement: Unfinished, Storage Space
  • Bathrooms Main Level Full: 3
  • Bathrooms Main Level Partial: 3
  • Total Bathrooms: 8
  • Bathrooms Upper Level Full: 2

Exterior Features

  • Exterior Description: Lap Siding
  • Exterior Features: Covered Patio, Yard, RV/Boat Storage
  • Lot Size: 10K-14,999SF
  • R V Description: RV Parking, RV/Boat Storage
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Detached
  • Parking Description: Driveway, Off Street

Utilities

  • Energy Efficiency Features: Solar, Added Wall Insulation
  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Air Conditioning Ready
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Whitman
  • Middle School: Lane
  • High School: Cleveland

Lot Info

  • Acres: 0.31
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Remarks Public: Home is Certified with a Limited Lifetime Warranty by Solaro Aire for a Sol-Blanket installed within the entire crawl space and two roof mounted solar attic fans.
  • Green Energy Supplement: Yes

Tax Info

  • Tax Amount: 7847.05
  • Assessor Parcel Number: R209914
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Whitman
  • High School: Cleveland
  • Middle School: Lane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Mar 22, 2022
Sold by
Nadia Tina
Bought by
Kangethe Alan and Kungu Margaret Wambui
Seller's Agent
Ruben Isai
MORE Realty
Buyer's Agent
Adriana Gavozdea
Premiere Property Group, LLC
List Price
$849,000
Sold Price
$780,000
Premium/Discount to List
-$69,000
-8.13%
Total Days on Market
60
Current Estimated Value
$726,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,976
Avg. Annual Appreciation
-2.22%
Original Mortgage
$647,000
Outstanding Balance
$612,328
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$113,696

Purchase Details

Closed on
May 13, 1999
Sold by
Ivascu Ion
Bought by
Tina Nadia and Tina Lucian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,960
Interest Rate
9.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 1996
Sold by
Shelley John M
Bought by
Ivascu Ion and Ivascu Maria

Purchase Details

Closed on
Jan 25, 1996
Sold by
Shelley Tina M
Bought by
Shelley John M and Shelley Tina M
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
Kangethe Alan $780,000 Lawyers Title
Tina Nadia $174,950 Transnation Title Insurance
Ivascu Ion $89,000 First American Title Ins Co
Shelley John M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kangethe Alan $647,000
Previous Owner Lucian Tina $372,000
Previous Owner Tina Nadia $139,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $780,000 -5.7% $214 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
01/10/2022 01/10/22 Price Changed $827,000 -2.6% $226 / Sq Ft
01/03/2022 01/03/22 For Sale $849,000 +8.2% $232 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $785,000 -- $215 / 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 $8,894 $335,630 $0 $0
2022 $8,701 $325,860 $0 $0
2021 $8,554 $316,370 $0 $0
2020 $7,847 $307,160 $0 $0
2019 $7,559 $298,220 $0 $0
2018 $7,336 $289,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21508116

Regional Multiple Listing Service (RMLS)

APN: R209914