NOT LISTED FOR SALE

Estimated Value: $406,000 - $498,000

5 Beds
4 Baths
1,888 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $395,000 $209 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,009/month

8 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • High Speed Internet
  • Storage
  • Green Certified Home
  • Wood Siding

About This Home

As of November 2020

Turn-Key, renovated 2-plex. New Designer colors inside & out. 3 bed 2 bath unit has newly finished hardwoods. Rare 2 bed 2 full bath unit is spacious with new carpet and large bedrooms. Both units have master suites, washer & dryer in unit, insulated windows, Newer roof & piping. Kwikset locks save you money between renters. Great opportunity to invest in the Up & Coming Lents neighborhood. Near great food, parks & Transit. Off-street parking, clean. Owner is Oregon Real Estate Broker.

Last Agent to Sell the Property

John McKay

Premiere Property Group, LLC License #201207149 Listed on: 10/13/2020

Premiere Property Group, LLC

Last Buyer's Agent

Tacho Perez

Pete Anderson Realty Assoc, Inc. License #201004090

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,697

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Eco-Friendly Details

  • Green Certified Home

Schools

  • Kelly Elementary School
  • Lane Middle School
  • Franklin High School

Utilities

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

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R108908

Community Details

Overview

  • 2 Units
  • Lents Subdivision

Building Details

  • Operating Expense $7,497
  • Gross Income $28,200
  • Net Operating Income $20,703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,697

Year Built

Built in 1954 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1954
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Kelly
  • High School: Franklin
  • Middle Or Junior School: Lane

Lot Info

  • Zoning: R2.5
  • Parcel #: R108908

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 4697.1

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.01
  • Annual Gross Income: 28200.0
  • Property Net Operating Income: 20703.0
  • Annual Operating Expense: 7497.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Varong Anastestie Perez
Bought by
Perez Varong Anges
Current Estimated Value
$467,554

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 9, 2020
Sold by
Mckay John C and Mckay Natalia
Bought by
Varona Anastaslo Perez
Seller's Agent
John McKay
Premiere Property Group, LLC
Buyer's Agent
Tacho Perez
Pete Anderson Realty Assoc, Inc.
List Price
$429,000
Sold Price
$395,000
Premium/Discount to List
-$34,000
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$381,816
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 13, 2020
Closed on
Oct 20, 2020
Sold by
Mckay John C
Bought by
Mckay John C and Mckay Natalia
Seller's Agent
John McKay
Premiere Property Group, LLC
Buyer's Agent
Tacho Perez
Pete Anderson Realty Assoc, Inc.
List Price
$429,000
Sold Price
$395,000
Premium/Discount to List
-$34,000
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,816
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 5, 2012
Closed on
Nov 14, 2012
Sold by
Boondoggle Llc
Bought by
Mckay John C
Seller's Agent
Ron Hackenberg
John L. Scott Portland South
Buyer's Agent
Angela McFarland
MORE Realty
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$129,591
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2012
Sold by
The Bank Of New York Mellon
Bought by
Boondoggle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 17, 2011
Sold by
Jimenez Abel Prado
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Apr 25, 2007
Sold by
Jimenez Abel P
Bought by
Jimenez Abel P and Reyna Rojas C

Purchase Details

Closed on
Oct 23, 2006
Sold by
Jimenez Abel P
Bought by
Jimenez Abel P and Reyna Rojas C

Purchase Details

Closed on
Oct 4, 2005
Sold by
Ober Gary
Bought by
Jimenez Abel Prado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 20, 2003
Sold by
Hick Kenneth W
Bought by
Ober Gary and Ober Nadine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2001
Sold by
Bankers Trust Company
Bought by
Hick Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2001
Sold by
Pascu Maria
Bought by
Bankers Trust Company and Rbmg Funding Co Mtg Loan Trust 1999-2 As

Purchase Details

Closed on
Jul 14, 1999
Sold by
Pascu Vasile
Bought by
Pascu Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
10.99%
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
Perez Varong Anges -- --
Varona Anastaslo Perez $395,000 Ticor Title Company Of Or
Mckay John C -- Ticor Title Company Of Or
Mckay John C $185,130 Fidelity Natl Title Co Of Or
Boondoggle Llc $65,000 Fidelity Natl Title Co Of Or
The Bank Of New York Mellon $126,000 Accommodation
Jimenez Abel P -- None Available
Jimenez Abel P -- None Available
Jimenez Abel Prado $210,000 First American
Ober Gary -- Pacific Nw Title
Hick Kenneth W $98,250 First American Title Co
Bankers Trust Company $131,750 Fidelity National Title
Pascu Maria -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varona Anastaslo Perez $381,816
Previous Owner Mckay John C $129,591
Previous Owner Boondoggle Llc $50,000
Previous Owner Jimenez Abel Prado $42,000
Previous Owner Jimenez Abel Prado $168,000
Previous Owner Ober Gary $155,000
Previous Owner Hick Kenneth W $98,000
Previous Owner Pascu Maria $135,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $395,000 0.0% $209 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $395,000 -7.9% $209 / Sq Ft
10/13/2020 10/13/20 For Sale $429,000 +131.9% $227 / Sq Ft
11/30/2012 11/30/12 Sold $185,000 -2.6% $98 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $189,900 -- $100 / 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
2023 $5,526 $208,550 $0 $0
2022 $5,407 $202,480 $0 $0
2021 $5,315 $196,590 $0 $0
2020 $4,876 $190,870 $0 $0
2019 $4,697 $185,320 $0 $0
2018 $4,559 $179,930 $0 $0
2017 $4,370 $174,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20290611

Regional Multiple Listing Service (RMLS)

APN: R108908