$515,000
SOLD JUL 25, 2025
4 Beds
2 Baths
1,656 Sq Ft
0.43 Acres

Recently Sold

$311 Per Sq Ft

5 Days on Market

Highlights

  • 0.43 Acre Lot
  • Storage
  • Level Lot
  • No HOA
  • Baseboard Heating
  • Wood Siding

About This Home

As of July 2025

Generous lot size includes potential buildable lot w/this duplex, an amazing, flat 11,000 sf area. Buyer to do all due diligence. One water meter for the building. Connected to City water/sewer. Seller to conduct a 1031 Tax Deferred Exchange @ no cost to buyer. Sold "as is". No HOA & low taxes in popular & historic Old Orenco. Also see ML#748946400 (duplex & potential buildable lot) & ML#774471603 (buildable lot).

Last Agent to Sell the Property

LeeAnn Pack

Pack 1st Properties, Inc. License #850900058 Listed on: 05/23/2025

Last Buyer's Agent

Tim Pearson

MORE Realty License #920300209

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,583

Year Built

  • Built in 1963

Lot Details

  • 0.43 Acre Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • Storage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Carport
  • Off-Street Parking

Schools

  • Orenco Elementary School
  • Liberty High School

Utilities

  • No Cooling
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R727075

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Orenco Subdivision
  • Property managed by Pack 1st Properties, Inc.

Building Details

  • Operating Expense $4,500
  • Gross Income $36,600
  • Net Operating Income $33,672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,583

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1963
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: IndividualStorageUnits
  • Total Bedrooms: 4
  • Lot Size Range: SqFt15000to19999

Exterior Features

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

Garage/Parking

  • Parking Description: Carport, OffStreet
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Management Name: Pack 1st Properties, Inc.
  • Management Phone: 503-708-0940
  • Association: No

Schools

  • Elementary School: Orenco
  • High School: Liberty
  • Middle Or Junior School: Other

Lot Info

  • Zoning: SCR-OTC
  • Lot Size Acres: 0.43
  • Lot Size: 18,731 sf
  • Lot Size Sq Ft: 18730.0
  • Parcel #: R727075

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3582.81

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.07
  • Annual Gross Income: 36600.0
  • Property Net Operating Income: 33672.0
  • Annual Operating Expense: 4500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Jul 21, 2025
Sold by
Young Doris E
Bought by
Sandstrom Steven R
Seller's Agent
LeeAnn Pack
Pack 1st Properties, Inc.
Buyer's Agent
Tim Pearson
MORE Realty
List Price
$515,000
Sold Price
$515,000
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.51%
Original Mortgage
$386,250
Outstanding Balance
$386,250
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$128,855

Purchase Details

Closed on
Feb 24, 2006
Sold by
Bell Glenn R and Sevy Rosemary
Bought by
Young Doris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
2.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 13, 2001
Sold by
Bell Glenn R and Sevy Rosemary
Bought by
Hidden Creek Homes Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $515,000 First American Title
Warranty Deed $260,000 First American
Warranty Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,250 New Conventional
Previous Owner $208,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $515,000 0.0% $311 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $515,000 -- $311 / 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 $3,583 $219,190 -- --
2024 $3,481 $212,810 -- --
2023 $3,481 $206,620 $0 $0
2022 $3,387 $206,620 $0 $0
2021 $3,319 $194,770 $0 $0
2020 $3,247 $189,100 $0 $0
2019 $3,154 $183,600 $0 $0
2018 $3,019 $178,260 $0 $0
2017 $2,910 $173,070 $0 $0
2016 $2,830 $168,030 $0 $0
2015 $2,716 $163,140 $0 $0
2014 $2,700 $158,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 494727082

Regional Multiple Listing Service (RMLS)

APN: R0727075