NOT LISTED FOR SALE

Estimated Value: $835,412 - $899,000

4 Beds
3 Baths
2,701 Sq Ft
$320/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $620,000 $230 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,367/month

6 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Storage
  • Llewellyn Elementary School Rated A-
  • Views
  • Landscaped with Trees

About This Home

As of February 2016

Sellwood Charmer! 1924 triplex in a highly desirable area. Completely rebuilt in 1995. Each unit has it's own wash/dry and storage. Existing tenants wish to stay - strong rental history. Convenient transportation with an 89 walk score and 83 bike score for the neighborhood. Close proximity to shopping, dining, and parks. PLEASE do not disturb tenants. Make all offers subject to interior inspections.

Last Agent to Sell the Property

Greg Pace

Realty One Group Prestige License #201205872 Listed on: 12/01/2015

Realty One Group Prestige

Co-Listed By

Kelly Zweber

Realty One Group Prestige License #201205824

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,943

Year Built

  • Built in 1924

Lot Details

  • Corner Lot
  • Landscaped with Trees

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage
  • Washer and Dryer
  • Basement Storage
  • Property Views

Kitchen

  • Range
  • Disposal

Parking

  • Paved Parking
  • Open Parking

Additional Features

  • Property is near a bus stop
  • Gas Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,943

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2701
  • Stories: 2
  • Year Built: 1924
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Full Basement, Stem Wall, Storage Space
  • Legal Description: MOSELEY ADD, BLOCK 2, LOT 1
  • Storage: Locked, Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Window Unit(s)
  • Heating Description: Zoned
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Disposal, Fireplace, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Llewellyn
  • Middle School: Sellwood
  • High School: Cleveland

Lot Info

  • Lot Description: On Busline, Corner, Trees
  • Zoning: CS

Tax Info

  • Tax Amount: 5300.09
  • Assessor Parcel Number: R221157

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 21.61

MLS Schools

  • Elementary School: Llewellyn
  • High School: Cleveland
  • Middle School: Sellwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2015
Closed on
Feb 2, 2016
Sold by
Ackley Duncan J
Bought by
Primiano Anthony M
Seller's Agent
Greg Pace
Realty One Group Prestige
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Current Estimated Value
$865,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,103
Avg. Annual Appreciation
3.54%
Original Mortgage
$325,000
Outstanding Balance
$259,604
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$605,499

Purchase Details

Closed on
Feb 23, 2006
Sold by
Ballard Richard L
Bought by
Ackley Duncan J and Ackley Sally L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 7, 2005
Sold by
Ballard Properties
Bought by
Ballard Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,544
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2004
Sold by
Ballard Richard L
Bought by
Ballard Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.57%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 5, 1998
Sold by
Ballard Richard L
Bought by
Ballard Properties

Purchase Details

Closed on
Jan 24, 1995
Sold by
Pierson Michael Alan
Bought by
Ballard Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
9.28%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Primiano Anthony M $620,000 Wfg Title
Ackley Duncan J $473,500 Ticor Title Insurance Compan
Ballard Richard L -- Ticor Title Insurance Compan
Ballard Properties -- Ticor Title Insurance Compan
Ballard Richard L -- Ticor Title Insurance Compan
Ballard Properties -- Ticor Title
Ballard Richard L $44,500 Transamerica Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Primiano Anthony M $325,000
Previous Owner Ackley Duncan J $124,000
Previous Owner Ackley Duncan J $296,000
Previous Owner Ballard Richard L $292,544
Previous Owner Ballard Richard L $220,500
Previous Owner Ballard Richard L $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $620,000 -4.6% $230 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
12/01/2015 12/01/15 For Sale $650,000 -- $241 / 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
2024 $7,943 $296,870 -- --
2023 $7,943 $288,230 $0 $0
2022 $7,472 $279,840 $0 $0
2021 $7,346 $271,690 $0 $0
2020 $6,739 $263,780 $0 $0
2019 $6,491 $256,100 $0 $0
2018 $6,300 $248,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15575464

Regional Multiple Listing Service (RMLS)

APN: R221157