NOT LISTED FOR SALE

8220 SW Canyon Ln Portland, OR 97225

Estimated Value: $680,000 - $868,269

4 Beds
4 Baths
4,400 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $688,000 $156 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,810/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • Forced Air Heating System
  • Level Lot
  • Bridlemile Elementary School Rated A-
  • 2 Car Garage
  • Wood Siding

About This Home

As of June 2024

Mid-century Duplex in a fantastic location. Washington County and Portland Schools. Great opportunity for an investor or owner living in one and leasing out the other unit. Both units are currently leased. Please write offers subject to interior inspection. Possible views with a minimum of 24 hours' notice. Both units have great floor plans with 2 fireplaces 2 levels with 3 bedrooms and 2 full baths. Priced to sell and selling "as is"

Last Agent to Sell the Property

Paige Stefani

Where, Inc License #880800227 Listed on: 05/30/2024

Last Buyer's Agent

Jenny Zhang

Kozy Real Estate Group License #201252321

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,848

Year Built

  • Built in 1962

Lot Details

  • 0.32 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Woods
  • Seasonal
  • Territorial

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,400 Sq Ft Home
  • Basement Storage

Schools

  • Bridlemile Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R85598

Community Details

Overview

  • 2 Units
  • West Slope Subdivision

Building Details

  • Operating Expense $30,000
  • Gross Income $47,000
  • Net Operating Income $16,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,848

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1962
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Basement
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: GentleSloping, Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Seasonal,Territorial,TreesWoods

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

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

Schools

  • Elementary School: Bridlemile
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: NA
  • Lot Size Acres: 0.32
  • Lot Size Sq Ft: 13939.0
  • Parcel #: R85598

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 8847.52
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.85
  • Annual Gross Income: 47000.0
  • Property Net Operating Income: 16900.0
  • Annual Operating Expense: 30000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jun 18, 2024
Sold by
Delawter & Koppelman Trust and Delawter O
Bought by
Canyon Lane Investment Llc
Seller's Agent
Paige Stefani
Where, Inc
Buyer's Agent
Jenny Zhang
Kozy Real Estate Group
List Price
$698,000
Sold Price
$688,000
Premium/Discount to List
-$10,000
-1.43%
Views
18
Current Estimated Value
$761,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,067
Avg. Annual Appreciation
8.20%

Purchase Details

Closed on
Jun 2, 2017
Sold by
Koppelman Kenneth Lee
Bought by
Kenneth Delawter Jayne and Kenneth Oppelman
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
Canyon Lane Investment Llc $688,000 Chicago Title
Kenneth Delawter Jayne -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $688,000 -1.4% $156 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $698,000 -- $159 / 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 $9,298 $408,820 -- --
2024 $8,848 $396,920 -- --
2023 $8,848 $385,360 $0 $0
2022 $8,423 $385,360 $0 $0
2021 $8,203 $363,250 $0 $0
2020 $7,846 $352,670 $0 $0
2019 $7,770 $342,400 $0 $0
2018 $7,470 $332,430 $0 $0
2017 $7,207 $322,750 $0 $0
2016 $6,356 $313,350 $0 $0
2015 $5,990 $304,230 $0 $0
2014 $5,631 $295,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24367744

Regional Multiple Listing Service (RMLS)

APN: R0085598