NOT LISTED FOR SALE

8290 SW 85th Ave Portland, OR 97223

Estimated Value: $650,000 - $815,000

6 Beds
4 Baths
2,792 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $715,000 $256 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,584/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • Attached Garage
  • Landscaped with Trees
  • Corner Lot
  • Cooling Available
  • 4-minute walk to Garden Home Park

About This Home

As of December 2021

Rare spacious duplex provides options galore for investors and/or homeowners. Live in one and rent the other. Or, occupy both to meet multi-generational needs. Generous sized fenced backyards. One vacant unit/one with a renter in place. Vacant unit has fresh paint & new carpet + newer kitchen appliances. Newer roof. Driveway and garage with each unit. Heat pumps. Fabulous neighborhood with proximity Washington Sq, freeway access, new Trader Joe's and Garden Home Park/pickle ball courts.

Last Agent to Sell the Property

Vicki Marquez

Premiere Property Group, LLC License #201209714 Listed on: 11/02/2021

Premiere Property Group, LLC

Last Buyer's Agent

Liany Lynn Foe

Berkshire Hathaway HomeServices NW Real Estate License #201221759

Berkshire Hathaway HomeServices NW Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,540

Year Built

  • Built in 1977

Lot Details

  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,792 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Crawl Space

Schools

  • Raleigh Hills Elementary School
  • Whitford Middle School
  • Beaverton High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R225768

Community Details

Overview

  • 2 Units
  • Garden Home Subdivision

Building Details

  • Operating Expense $3,891
  • Gross Income $19,140
  • Net Operating Income $15,249

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,540

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1977
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: Yes
  • Lot Features: CornerLot, Level, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Raleigh Hills
  • High School: Beaverton
  • Middle Or Junior School: Whitford

Lot Info

  • Zoning: Multi
  • Parcel #: R225768

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 4540.44

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 33.91
  • Annual Gross Income: 19140.0
  • Property Net Operating Income: 15249.0
  • Annual Operating Expense: 3891.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 7, 2021
Sold by
Cline Julie A
Bought by
Ban Heng Bernard Ang and Ang Thidawan
Seller's Agent
Vicki Marquez
Premiere Property Group, LLC
Buyer's Agent
Liany Lynn Foe
Berkshire Hathaway HomeServices NW Real Estate
List Price
$649,000
Sold Price
$715,000
Premium/Discount to List
$66,000
10.17%
Current Estimated Value
$742,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,986
Avg. Annual Appreciation
0.77%
Original Mortgage
$375,000
Outstanding Balance
$348,545
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$386,153

Purchase Details

Closed on
Jun 12, 2017
Sold by
Bewels Gerald A
Bought by
Cline Julie A

Purchase Details

Closed on
Dec 3, 2009
Sold by
Bowers Gerald A and Bowers Bonnie
Bought by
Cline Julie A and Bowers Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,307
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2000
Sold by
Mathis James R and Mathis Sally A
Bought by
Cline Julie A and Bowers Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,850
Interest Rate
8.06%
Source: Public Records

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Range of Values:

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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
Ban Heng Bernard Ang $715,000 Wfg Title
Cline Julie A -- None Available
Cline Julie A -- Pacific Nw Title Of Or Inc
Cline Julie A $203,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ban Heng Bernard Ang $375,000
Previous Owner Cline Julie A $194,545
Previous Owner Cline Julie A $192,307
Previous Owner Cline Julie A $192,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $715,000 +10.2% $256 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $649,000 -- $232 / 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 $5,345 $295,130 -- --
2024 $5,019 $286,540 -- --
2023 $5,019 $278,200 $0 $0
2022 $4,856 $278,200 $0 $0
2021 $4,681 $262,240 $0 $0
2020 $4,540 $254,610 $0 $0
2019 $4,392 $247,200 $0 $0
2018 $4,248 $240,000 $0 $0
2017 $4,096 $233,010 $0 $0
2016 $3,950 $226,230 $0 $0
2015 $3,797 $219,650 $0 $0
2014 $3,721 $213,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21437267

Regional Multiple Listing Service (RMLS)

APN: R0225768