NOT LISTED FOR SALE

803 N Ainsworth St Unit 817 Portland, OR 97217

Piedmont Neighborhood

Estimated Value: $680,812 - $1,322,000

16 Beds
8 Baths
3,038 Sq Ft
$324/Sq Ft Est. Value

Last Sold April 16, 2012

Last sale price $505,000 $166 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,155/month

323 Days on Market

Highlights

  • Park or Greenbelt View
  • Corner Lot
  • Property is near a bus stop
  • Chief Joseph Elementary School Rated 9+
  • Zoned Heating
  • 5-minute walk to Peninsula Park

About This Home

As of April 2012

Back on the Market!A very nice,convenient location. Corner lot, easy freeway access, near college, I-5 Freeway, bus-line. Across from the beautiful Peninsula Park Rose Gardens park. Do not disturb tenants.NOI is estimated only.

Last Agent to Sell the Property

Anita Desilva

Realty Solutions Brokerage Email: gabby@realtysolutionspdx.com License #891100093 Listed on: 10/23/2010

Last Buyer's Agent

Jason Waxberg

Equity Pacific Real Estate LLC License #980500059

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1973

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Park or Greenbelt Views
  • Crawl Space

Location

  • Property is near a bus stop

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R167450

Community Details

Overview

  • 8 Units
  • Gainsborough Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $17,770
  • Gross Income $54,048
  • Net Operating Income $42,158

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,712

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1973
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: Yes
  • Lot Features: CornerLot, Level, OnBusline
  • Roof: Composition
  • View: ParkGreenbelt

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Laundry

Lot Info

  • Zoning: Multifa
  • Parcel #: R167450

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 10.82
  • Annual Gross Income: 54048.0
  • Property Net Operating Income: 42158.0
  • Annual Operating Expense: 17770.0

Tax Info

  • Tax Annual Amount: 5712.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2020
Sold by
Peninsula Park Scott Llc
Bought by
Capo Peninsula Llc
Current Estimated Value
$983,953

Purchase Details

Closed on
Dec 27, 2018
Sold by
Pennisula Park Apartments Llc
Bought by
Peninsula Park Scott Llc and Capo Peninsula Llc

Purchase Details

Listed on
Oct 23, 2010
Closed on
Apr 13, 2012
Sold by
Bates Lonnie L
Bought by
Peninsula Park Apartments Llc
Seller's Agent
Anita Desilva
Realty Solutions
Buyer's Agent
Jason Waxberg
Equity Pacific Real Estate LLC
List Price
$625,000
Sold Price
$505,000
Premium/Discount to List
-$120,000
-19.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$750,000
Interest Rate
3.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 26, 2007
Sold by
Bates Lonnie L
Bought by
Bates Lonnie L and Beverly Bates Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.29%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 13, 2007
Sold by
Carson Marsha L
Bought by
Bates Lonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1999
Sold by
Tobias Martin G
Bought by
Carson Marsha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1996
Sold by
Fernandez James W
Bought by
Hills Gail Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.5%
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
Capo Peninsula Llc $603,627 Chicago Title
Peninsula Park Scott Llc -- None Available
Peninsula Park Apartments Llc $505,000 Chicago Title
Bates Lonnie L -- Chicago Title Insurance Co
Bates Lonnie L $525,000 Chicago Title Insurance Co
Carson Marsha L $316,999 Fidelity National Title Co
Hills Gail Ann -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peninsula Park Apartments Llc $750,000
Previous Owner Bates Lonnie L $412,000
Previous Owner Bates Lonnie L $530,000
Previous Owner Carson Marsha L $248,000
Previous Owner Hills Gail Ann $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2012 04/16/12 Sold $505,000 -19.2% $166 / Sq Ft
09/07/2011 09/07/11 Pending -- -- --
10/19/2010 10/19/10 For Sale $625,000 -- $206 / 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 $12,062 $447,650 -- --
2024 $11,628 $434,620 -- --
2023 $11,182 $421,970 $0 $0
2022 $10,939 $409,680 $0 $0
2021 $10,754 $397,750 $0 $0
2020 $9,866 $386,170 $0 $0
2019 $9,503 $374,930 $0 $0
2018 $9,223 $364,010 $0 $0
2017 $8,840 $353,410 $0 $0
2016 $8,090 $343,120 $0 $0
2015 $7,878 $333,130 $0 $0
2014 $7,759 $323,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 10083435

Regional Multiple Listing Service (RMLS)

APN: R167450