NOT LISTED FOR SALE

Estimated Value: $886,000 - $1,032,000

8 Beds
4 Baths
2,956 Sq Ft
$335/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $905,000 $306 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,316/month

87 Days on Market

Highlights

  • Deck
  • Private Lot
  • Lap Siding
  • Duniway Elementary School Rated 9+
  • Security System Owned
  • 3-minute walk to Johnson Creek Park

About This Home

As of March 2021

Impeccably maintained 4-plex in quiet Sellwood location. Building has been updated with newer plumbing, vinyl windows/sliders, insulation, interior updates and security features/lighting. Vacant unit has been recently remodeled w/LVP flooring, new appliances and fresh paint/fixtures. Lower units feature private decks/garden space. Off street assigned parking for each unit. Clean, shared laundry space in basement. Great investment or owner-operator opportunity!

Last Agent to Sell the Property

Theresa deSousa + Brian Spear

Opt License #200312221 Listed on: 11/07/2020

Opt

Co-Listed By

Brian Porter

Opt License #200305174

Last Buyer's Agent

Tamara Vogt

RE/MAX Equity Group License #201207836

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,592

Year Built

  • Built in 1969

Lot Details

  • Private Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Lap Siding
  • Concrete Perimeter Foundation

Kitchen

  • Range
  • Dishwasher

Finished Basement

  • Partial Basement
  • Exterior Basement Entry

Home Security

  • Security System Owned
  • Security Lights

Parking

  • Paved Parking
  • Open Parking

Additional Features

  • 2-Story Property
  • Deck
  • Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,592

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2956
  • Stories: 2
  • Year Built: 1969
  • Property Condition: Existing
  • Remarks Public: Impeccably maintained 4-plex in quiet Sellwood location. Building has been updated with newer plumbing, vinyl windows/sliders, insulation, interior updates and security features/lighting. Vacant unit has been recently remodeled w/LVP flooring, new appliances and fresh paint/fixtures. Lower units feature private decks/garden space. Off street assigned parking for each unit. Clean, shared laundry space in basement. Great investment or owner-operator opportunity!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ROSS ADD, BLOCK 9, N OF COUNTY LINE W 45' OF LOT 14, W 45' OF LOT
  • Basement: Finished, Exterior Entry, Partial Basement

Exterior Features

  • Exterior Description: Brick, Lap Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: Security Lights, Security System Owned

Condo/Co-op/Association

  • Management Name: Self managed
  • Common Amenities: Laundry
  • Unit Features: Deck, Dishwasher, Range, Refrigerator

Schools

  • Elementary School: Duniway
  • Middle School: Sellwood
  • High School: Cleveland

Lot Info

  • Lot Description: Level, Private
  • Zoning: RM1

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 8469.00
  • Assessor Parcel Number: R262236
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 15.77

MLS Schools

  • Elementary School: Duniway
  • High School: Cleveland
  • Middle School: Sellwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2020
Closed on
Mar 16, 2021
Sold by
Wiseman Sammy A and Wiseman Krysten D
Bought by
Yao William M and Yao Dana M
Seller's Agent
Theresa deSousa + Brian Spear
Opt
Buyer's Agent
Tamara Vogt
RE/MAX Equity Group
List Price
$895,000
Sold Price
$905,000
Premium/Discount to List
$10,000
1.12%
Current Estimated Value
$1,007,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,619
Avg. Annual Appreciation
2.05%
Original Mortgage
$678,750
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2013
Sold by
Wiseman Krysten D
Bought by
Wiseman Sammy A and Wiseman Krysten D
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
Yao William M $905,000 First American
Wiseman Sammy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Yao William M $678,750
Closed Wiseman Krysten D $242,194
Closed Wiseman Sammy A $61,000
Closed Wiseman Sammy A $213,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $905,000 +1.1% $306 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $895,000 0.0% $303 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $895,000 -1.1% $303 / Sq Ft
01/19/2021 01/19/21 Off Market $905,000 -- --
11/10/2020 11/10/20 Pending -- -- --
11/07/2020 11/07/20 For Sale $825,000 -- $279 / 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 $9,592 $361,970 $0 $0
2022 $9,384 $351,430 $0 $0
2021 $9,225 $341,200 $0 $0
2020 $8,463 $331,270 $0 $0
2019 $8,152 $321,630 $0 $0
2018 $7,912 $312,270 $0 $0
2017 $7,584 $303,180 $0 $0
2016 $6,940 $294,350 $0 $0
2015 $6,758 $285,780 $0 $0
2014 $6,656 $277,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20525340

Regional Multiple Listing Service (RMLS)

APN: R262236