NOT LISTED FOR SALE

Estimated Value: $489,082 - $519,000

4 Beds
4 Baths
1,920 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $223,000 $116 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,293/month

158 Days on Market

Highlights

  • Washer and Dryer
  • Cleveland High School Rated A-
  • Level Lot

About This Home

As of March 2015

GREAT INVESTMENT OPPORTUNITY IN PORTLAND! Hard to find duplex, two bedroom two bath with laundry closet one up one down each 960 sqft off street parking in rear of building.

Last Agent to Sell the Property

Nick Hunt

The Broker Network, LLC License #201209215 Listed on: 08/22/2014

Co-Listed By

Carl Brown

RE/MAX Ultimate Coastal Properties License #200509412

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,619

Year Built

  • Built in 1999

Lot Details

  • 4,008

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher
  • Disposal

Parking

  • Paved Parking
  • Open Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,619

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1920
  • Stories: 2
  • Year Built: 1999
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: SPOONER, BLOCK 2, LOT 9

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Refrigerator, Washer/Dryer Hookup, Washer/Dryer

Schools

  • Elementary School: Whitman
  • Middle School: Lane
  • High School: Cleveland

Lot Info

  • Lot Description: Level
  • Zoning: EG2

Tax Info

  • Tax Amount: 3066.71
  • Assessor Parcel Number: R274272

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.63

MLS Schools

  • Elementary School: Whitman
  • High School: Cleveland
  • Middle School: Lane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2019
Sold by
Raetz Geoffrey M
Bought by
Garcia Shannon Lee
Current Estimated Value
$502,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,401
Outstanding Balance
$299,652
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$203,119

Purchase Details

Listed on
Aug 22, 2014
Closed on
Mar 12, 2015
Sold by
Schumacher Custom Homes Inc
Bought by
Raetz Geoffrey M
Seller's Agent
Nick Hunt
The Broker Network, LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$219,900
Sold Price
$223,000
Premium/Discount to List
$3,100
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$218,960
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2014
Sold by
Schumacher Harry A
Bought by
Schumacher Custom Homes Inc and Sun Crest Construction Inc

Purchase Details

Closed on
Dec 17, 1996
Sold by
Dial Michael A
Bought by
Schumacher Harry A
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
Garcia Shannon Lee $347,700 Wfg Title
Raetz Geoffrey M $223,000 First American
Schumacher Custom Homes Inc $39,000 None Available
Schumacher Harry A $90,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Shannon Lee $341,401
Previous Owner Raetz Geoffrey M $218,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2015 03/20/15 Sold $223,000 +1.4% $116 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
08/22/2014 08/22/14 For Sale $219,900 -- $115 / 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 $7,619 $284,780 -- --
2023 $7,314 $276,490 $0 $0
2022 $7,168 $268,440 $0 $0
2021 $6,851 $260,630 $0 $0
2020 $6,101 $253,040 $0 $0
2019 $6,109 $245,670 $0 $0
2018 $5,969 $238,520 $0 $0
2017 $5,215 $231,580 $0 $0
2016 $4,530 $224,840 $0 $0
2015 $3,664 $218,300 $0 $0
2014 $3,581 $211,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14246734

Regional Multiple Listing Service (RMLS)

APN: R274272