NOT LISTED FOR SALE

Estimated Value: $571,000 - $616,135

4 Beds
2 Baths
2,160 Sq Ft
$274/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $234,000 $108 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $3,666/month

81 Days on Market

About This Home

As of February 2013

Great opportunity for rare multi-family in North Portland. Each unit over 1000SF big double garage in back yard. Lower unit is occupied, please do not disturb tenants. PURCHASE FOR AS LITTLE AS 3% DOWN! HOMEPATH RENOVATION MORTGAGE AVAILABLE.

Last Agent to Sell the Property

Kristin Brown

Portlandia Properties, LLC License #200909043 Listed on: 09/17/2012

Last Buyer's Agent

Benjamin Hollenbaugh

Living PDX Real Estate License #200403124

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,171

Year Built

  • Built in 1912

Lot Details

  • 5,009

Parking

  • Detached Garage

Additional Features

  • 2-Story Property
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,171

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2160
  • Stories: 2
  • Year Built: 1912
  • Year Built Description: Approximately
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Full Basement
  • Legal Description: BURRAGE TR, BLOCK 17, LOT 16

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Detached, Garage

Utilities

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

Schools

  • Elementary School: Chief Joseph
  • High School: Jefferson

Lot Info

  • Zoning: R5

Tax Info

  • Tax Amount: 2461.78
  • Assessor Parcel Number: R124808

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 9.58

MLS Schools

  • Elementary School: Chief Joseph
  • High School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2012
Closed on
Feb 21, 2013
Sold by
Federal National Mortgage Association
Bought by
Prenguber Adam and Prenguber Megan J
Seller's Agent
Kristin Brown
Portlandia Properties, LLC
Buyer's Agent
Benjamin Hollenbaugh
Living PDX Real Estate
List Price
$235,900
Sold Price
$234,000
Premium/Discount to List
-$1,900
-0.81%
Total Days on Market
81
Current Estimated Value
$591,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,034
Avg. Annual Appreciation
7.74%
Original Mortgage
$187,200
Outstanding Balance
$135,541
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$448,870

Purchase Details

Closed on
Jun 11, 2010
Sold by
Perrin Peter M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 13, 2008
Sold by
Perrin Peter
Bought by
Hall Lane Llc

Purchase Details

Closed on
Dec 23, 2006
Sold by
Perrin Peter
Bought by
Perrin Peter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 18, 2004
Sold by
Swanson William E
Bought by
Perrin Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Prenguber Adam $234,000 Nextitle
Federal National Mortgage Association $262,879 Fatco
Hall Lane Llc -- Accommodation
Perrin Peter M -- Accommodation
Perrin Peter $155,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prenguber Adam $187,200
Previous Owner Perrin Peter M $240,000
Previous Owner Perrin Peter $156,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $234,000 -0.8% $108 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
09/17/2012 09/17/12 For Sale $235,900 -- $109 / 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 $4,171 $157,420 $0 $0
2022 $4,081 $152,840 $0 $0
2021 $4,012 $148,390 $0 $0
2020 $3,681 $144,070 $0 $0
2019 $3,545 $139,880 $0 $0
2018 $3,441 $135,810 $0 $0
2017 $3,298 $131,860 $0 $0
2016 $3,018 $128,020 $0 $0
2015 $2,939 $124,300 $0 $0
2014 $2,895 $120,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12472290

Regional Multiple Listing Service (RMLS)

APN: R124808