NOT LISTED FOR SALE

8707 SW Terwilliger Blvd Unit 8727 Portland, OR 97219

Collins View Neighborhood

Estimated Value: $761,000 - $859,000

7 Beds
4 Baths
3,000 Sq Ft
$275/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $835,000 $278 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,300/month

42 Days on Market

Highlights

  • No HOA
  • Property is near a bus stop
  • Green Certified Home
  • Guest Parking
  • Baseboard Heating
  • 4 Car Garage

About This Home

As of May 2024

With a steady rental history, this mid-century 4 PLEX retains much of it's original character and charm with hardwood floors, large windows, spacious rooms, back decks, individual tuck under garages with additional storage, and guest parking. These single level units offer comfort and ease of living. This .22 acre lot is situated in the Carson Heights neighborhood and conveniently located with a bus line out front and easy freeway access. New roof in 2020. New Exterior paint on North and West sides and all garage doors in 2023.A CAP rate of 5.57 makes this a sound investment. [Home Energy Score = 4. HES Report at ]

Last Agent to Sell the Property

Maureen Hotchkiss

The Agency Portland License #201217855 Listed on: 03/01/2024

The Agency Portland

Last Buyer's Agent

KC Roland

Opt License #201233137

Opt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,373

Year Built

  • Built in 1962

Lot Details

  • 9,583 Sq Ft Lot
  • Sloped Lot

Parking

  • 4 Car Garage
  • Guest Parking

Home Design

  • Fiberglass Roof
  • Lap Siding
  • Tongue and Groove Exterior
  • Plywood Siding Panel T1-11

Schools

  • Capitol Hill Elementary School
  • Jackson Middle School
  • Ida B Wells High School

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • Green Certified Home
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes ground maintenance, trashcollection
  • Assessor Parcel Number R128032

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $13,762
  • Gross Income $61,140
  • Net Operating Income $47,378

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,373

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

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

Interior Features

  • Storage: Deck,Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding,Plywood,TongueandGroove
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: OnBusline, PublicRoad, Sloped
  • Road Surface Type: Paved
  • Roof: Fiberglass

Garage/Parking

  • Parking Description: Garage, Guest
  • Attached Garage: No
  • Garage Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Security: Sidewalk
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Capitol Hill
  • High School: Ida B Wells
  • Middle Or Junior School: Jackson

Lot Info

  • Zoning: RM1
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: R128032

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: MaintenanceGrounds, TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 9373.02

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.9
  • Annual Gross Income: 61140.0
  • Property Net Operating Income: 47378.0
  • Annual Operating Expense: 13762.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 8, 2024
Sold by
Helm Steven and Phillips Marie J
Bought by
Bittar Jorge and Da Silveira-Bittar Gizleny
Seller's Agent
Maureen Hotchkiss
The Agency Portland
Buyer's Agent
KC Roland
Opt
List Price
$850,000
Sold Price
$835,000
Premium/Discount to List
-$15,000
-1.76%
Views
81
Current Estimated Value
$812,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,367
Avg. Annual Appreciation
0.34%
Original Mortgage
$793,250
Outstanding Balance
$776,204
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$62,174

Purchase Details

Closed on
Jun 28, 2019
Sold by
Phillips Marie J
Bought by
Helm Steven and Phillips Marie J

Purchase Details

Closed on
May 14, 2015
Sold by
Neufeld Bertha
Bought by
The Bertha Neufeld Revocable Living Trus

Purchase Details

Closed on
Feb 9, 2015
Sold by
Phillips Marie J
Bought by
Phillips Marie J and Helm Steven R
Source: Public Records

Range of Values:

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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
Bittar Jorge $835,000 Wfg Title
Helm Steven -- None Available
The Bertha Neufeld Revocable Living Trus -- None Available
Phillips Marie J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bittar Jorge $793,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $835,000 -1.8% $278 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $850,000 -- $283 / 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 $9,748 $354,050 $0 $0
2022 $9,170 $343,740 $0 $0
2021 $9,015 $333,730 $0 $0
2020 $8,269 $324,010 $0 $0
2019 $7,965 $314,580 $0 $0
2018 $7,731 $305,420 $0 $0
2017 $7,410 $296,530 $0 $0
2016 $6,781 $287,900 $0 $0
2015 $6,603 $279,520 $0 $0
2014 $6,503 $271,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24627982

Regional Multiple Listing Service (RMLS)

APN: R128032