NOT LISTED FOR SALE

Estimated Value: $496,000 - $639,000

6 Beds
2 Baths
2,500 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $620,000 $248 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,836/month

6 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • High Speed Internet

About This Home

As of September 2021

Property Id: 922621

Renovated 2 bed 1 bath bright basement ADU available immediately. washer/dryer on-site. Central heating/cooling. New LVP flooring and gas stove with oven. Large yard for your pet to run around. Detached garage not included. Unit has its own entrance. Separate from tenants living upstairs. Yard, washer and dryer are shared. off street parking.
Additional $200/month for utilities/maintenance which includes: gas, electricity, water/sewer, trash, yard maintenance, pest control.
Small pets welcome with additional pet deposit. (Note that current upstairs tenants have a large 120 lbs friendly dog!) DO NOT submit an application prior to a tour (IN-PERSON ONLY) of the unit. PRE SCREENER FORM MUST BE FILLED OUT TO SCHEDULE A TOUR. All adults (18+) will require an application to go through screening process. $55 application fee is nonrefundable. Minimum credit score 650 required. Minimum combined income 2.5X rent required. No prior eviction or criminal records. Renter insurance required.

Last Agent to Sell the Property

Troy Wilkerson

The Broker Network, LLC License #200504513 Listed on: 08/06/2021

Last Buyer's Agent

Tenley Sullivan

Keller Williams PDX Central License #201234158

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,219

Year Built

  • Built in 1927

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Finished Basement
  • Apartment Living Space in Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes electricity, gas, trash collection, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,219

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2500
  • Stories: 3
  • Year Built: 1927
  • Property Condition: Converted
  • Remarks Public: SE PDX Craftsman with main unit featuring hardwood floors, period updates, built-ins, 4 bedroom and one bath. Basement unit is 2 bedroom 1 bath with separate exterior entrance. Large 600 square foot workshop/garage with own meter possible ADU. Shared laundry room. Property is completely fenced. Parking pad inside fence. Rents are estimates based on current market trends. Expenses include taxes. Offer deadline Wednesday at 8pm.
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PALMERS ADD, BLOCK 2, LOT 1
  • Basement: Finished, Separate Living Quarters/Apartment/Aux Living Unit
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air - 90%
  • Internet Service Type: Cable, DSL

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Common Amenities: Central Air, Laundry
  • Unit Features: Dishwasher, Disposal, Hardwood Floors, Range, Refrigerator

Schools

  • Elementary School: Woodmere
  • Middle School: Lane
  • High School: Franklin

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: R2.5
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 6
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10193880
  • Green Verification HES Year: 2021

Rental Info

  • Rent Includes: Electricity, Gas, Trash Collection, Sewer

Tax Info

  • Tax Amount: 4605.36
  • Assessor Parcel Number: R233053
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.84

MLS Schools

  • Elementary School: Woodmere
  • High School: Franklin
  • Middle School: Lane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 9, 2021
Sold by
Goodwin Ellie Rose and Goodwin Jessiah
Bought by
Situ Hui and Situ Vivian
Seller's Agent
Troy Wilkerson
The Broker Network, LLC
Buyer's Agent
Tenley Sullivan
Keller Williams PDX Central
List Price
$539,900
Sold Price
$620,000
Premium/Discount to List
$80,100
14.84%
Current Estimated Value
$615,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,200
Avg. Annual Appreciation
-1.04%
Original Mortgage
$496,000
Outstanding Balance
$456,214
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$139,090

Purchase Details

Closed on
Oct 4, 2019
Sold by
Goodwin Ellie Rose and Goodwin Jessiah
Bought by
Goodwin Ellie Rose and Goodwin Jessiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2014
Sold by
Elkins Thomas H
Bought by
Waterhouse Ellie and Goodwin Jessiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2006
Sold by
Schrier Michael L
Bought by
Elkins Thomas H and Elkins Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 3, 2001
Sold by
Hud
Bought by
Schrier Michael L

Purchase Details

Closed on
Jan 25, 2001
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jan 19, 2001
Sold by
Calkins Patricia A
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Oct 29, 1997
Sold by
Marchant Gail Alberta
Bought by
Calkins Patricia A and Calkins Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,460
Interest Rate
7.36%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 1996
Sold by
Marchant Gail Alberta
Bought by
Marchant Gail Alberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
7.87%
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
Situ Hui $620,000 Lawyers Title Of Oregon Llc
Goodwin Ellie Rose -- First American
Waterhouse Ellie $254,000 Ticor Title
Elkins Thomas H $215,000 Ticor Title Insurance Compan
Schrier Michael L $120,000 First American Title Co
Hud -- --
Countrywide Home Loans Inc $127,529 --
Calkins Patricia A $117,250 Stewart Title
Marchant Gail Alberta -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Situ Hui $496,000
Previous Owner Goodwin Ellie Rose $207,000
Previous Owner Waterhouse Ellie $241,000
Previous Owner Elkins Thomas H $200,360
Previous Owner Elkins Thomas H $49,400
Previous Owner Elkins Thomas H $215,000
Previous Owner Calkins Patricia A $116,460
Previous Owner Marchant Gail Alberta $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 For Rent $1,550 0.0% --
09/24/2021 09/24/21 Sold $620,000 +14.8% $248 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $539,900 -- $216 / 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 $5,219 $196,970 $0 $0
2022 $5,107 $191,240 $0 $0
2021 $5,020 $185,670 $0 $0
2020 $4,605 $180,270 $0 $0
2019 $4,436 $175,020 $0 $0
2018 $4,306 $169,930 $0 $0
2017 $4,127 $164,990 $0 $0
2016 $3,777 $160,190 $0 $0
2015 $3,678 $155,530 $0 $0
2014 $3,378 $140,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21181216

Regional Multiple Listing Service (RMLS)

APN: R233053