NOT LISTED FOR SALE

8355 SW Pfaffle St Portland, OR 97223

Estimated Value: $921,223 - $1,291,000

9 Beds
8 Baths
3,547 Sq Ft
$308/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $970,000 $273 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,757/month

2 Days on Market

Highlights

  • Newly Remodeled
  • Air Conditioning
  • Garage
  • Corner Lot
  • Parking Storage or Cabinetry
  • Washer and Dryer

About This Home

As of June 2020

Great opportunity to own a brand new-construction rental property of your own. All units fully rented. This beautiful and bright triplex brings in top dollar rents. Each unit includes 3 bedrooms, private backyard, washer/dryer, AC, and quartz counters. Two units provide private garages. All on one tax property situated on a corner lot with close access to Hall, 99W, 217, and I-5. Great for families with well-rated schools. Please write all offers subject to interior inspection.

Last Agent to Sell the Property

Richard Brazovan

MORE Realty License #201223868 Listed on: 06/14/2020

MORE Realty

Last Buyer's Agent

Scott Evenson

RE/MAX Equity Group License #200101044

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,636

Year Built

  • Built in 1952 | Newly Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Range
  • Washer and Dryer

Parking

  • Garage
  • Parking Storage or Cabinetry

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,636

Year Built

Built in 1952 | Newly Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3547
  • Stories: 2
  • Year Built: 1952
  • Property Condition: New Construction
  • Remarks Public: Great opportunity to own a brand new-construction rental property of your own. All units fully rented. This beautiful and bright triplex brings in top dollar rents. Each unit includes 3 bedrooms, private backyard, washer/dryer, AC, and quartz counters. Two units provide private garages. All on one tax property situated on a corner lot with close access to Hall, 99W, 217, and I-5. Great for families with well-rated schools. Please write all offers subject to interior inspection.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: STEVE & HUGHIE'S PLACE, LOT 1, ACRES .28
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Concrete, Paved

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Mini Split
  • Security: Sidewalk

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Common Amenities: Central Air
  • Unit Features: Range, Refrigerator, Washer/Dryer, Air Conditioning

Schools

  • Elementary School: Metzger
  • Middle School: Fowler
  • High School: Tigard

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: R4.5
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 2416.29
  • Assessor Parcel Number: R0283687
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.80

MLS Schools

  • Elementary School: Metzger
  • High School: Tigard
  • Middle School: Fowler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2019
Closed on
Apr 9, 2019
Sold by
Mcginnis Jimmy D and Mcginnis Lidia R
Bought by
Bradea Benjamin
Seller's Agent
Lorraine DeDonato
Premiere Property Group, LLC
Buyer's Agent
Richard Brazovan
MORE Realty
List Price
$279,000
Sold Price
$269,000
Premium/Discount to List
-$10,000
-3.58%
Current Estimated Value
$1,091,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$822,556
Avg. Annual Appreciation
24.13%

Purchase Details

Closed on
Aug 17, 2011
Sold by
U S Bank National Association Nd
Bought by
Mcginnis Jimmy D and Mcginnis Lidia R

Purchase Details

Closed on
Oct 21, 2010
Sold by
Husein Salah
Bought by
U S Bank National Association Nd

Purchase Details

Closed on
Sep 29, 2005
Sold by
Heald John
Bought by
Husein Salah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 1, 2005
Sold by
Cochelle Richard W
Bought by
Heald John

Purchase Details

Closed on
Jul 2, 2002
Sold by
Cochelle Richard W and Cochelle Janet Y
Bought by
Cochelle Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2000
Sold by
Johnson Vera A
Bought by
Cochelle Richard W and Cochelle Janet Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.08%
Mortgage Type
Purchase Money Mortgage
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
Bradea Benjamin $269,000 First American Title
Mcginnis Jimmy D $115,000 First Amer Title Ins Co Or
U S Bank National Association Nd $57,000 First American
Husein Salah $208,000 First American Title Insuran
Heald John $129,250 First American Title Insuran
Cochelle Richard W -- Fidelity National Title Co
Cochelle Richard W $135,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Husein Salah $166,400
Previous Owner Cochelle Richard W $128,000
Previous Owner Cochelle Richard W $135,000
Closed Cochelle Richard W $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $970,000 -1.9% $273 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/14/2020 06/14/20 For Sale $989,000 +267.7% $279 / Sq Ft
04/10/2019 04/10/19 Sold $269,000 -3.6% $230 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/23/2019 03/23/19 For Sale $279,000 -- $238 / 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 $11,636 $673,280 -- --
2024 $11,248 $653,670 -- --
2023 $11,248 $634,640 $0 $0
2022 $10,927 $634,640 $0 $0
2021 $10,656 $598,220 $0 $0
2020 $9,265 $520,510 $0 $0
2019 $2,416 $137,690 $0 $0
2018 $2,311 $133,680 $0 $0
2017 $2,227 $129,790 $0 $0
2016 $2,128 $126,010 $0 $0
2015 $2,046 $122,340 $0 $0
2014 $1,985 $118,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Brazovan

    Seller's Agent in 2020

    Richard Brazovan

    MORE Realty

    (503) 353-6673

    36 Total Sales

    Richard Brazovan
    Section Image
  • Scott Evenson

    Buyer's Agent in 2020

    Scott Evenson

    RE/MAX

    (503) 504-7841

    60 Total Sales

    Scott Evenson
    Section Image

  • L

    Seller's Agent in 2019

    Lorraine DeDonato

    Premiere Property Group, LLC

    (503) 799-6211

    1 in this area

    11 Total Sales

    Lorraine DeDonato
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20201351

Regional Multiple Listing Service (RMLS)

APN: R0283687

Oregon Washington County Portland 97223

8355 SW Pfaffle St, Portland, OR

This home is located at 8355 SW Pfaffle St, Portland, OR 97223 since 14 June 2020 and is currently estimated at $1,091,556, approximately $307 per square foot. This property was built in 1952. 8355 SW Pfaffle St is a home located in Washington County with nearby schools including Metzger Elementary School, Thomas R. Fowler Middle School, and Tigard High School.

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