$657,000
SOLD JUL 19, 2024

8720 SW Bomar Ct Portland, OR 97223

-- Bed
-- Bath
1,736 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$378 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Landscaped with Trees
  • Corner Lot
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of July 2024

Excellent one level duplex located on a quiet SW single family residential cul-de-sac street. No sign on property. Please do not disturb the tenants. Great location: Washington County taxes, City of Portland address, Tigard zip code & school district. Excellent floorplan, both sides are 2 bedrooms 2 bathrooms. Each unit has a laundry closet off the kitchen. Kitchens have built-in dishwashers and garbage disposals. Both have attached one car garages enter into each unit's the front entry. Shared wall is garage, kitchen and dining area. Both sides have fully fenced large backyards with trees. Each side feels like a single family home. Live in one side and have the other side pay a portion of your mortgage. Low Washington County taxes. Easy location: inside the 217 loop, blocks to Washington Sq Mall or Red Tail Golf or a new Trader Joes. Short distance to downtown PDX or Nike or Providence Hospital. Easy access for multiple locations.

Last Agent to Sell the Property

Stephen Campbell

RE/MAX Equity Group License #201242560 Listed on: 05/23/2024

RE/MAX Equity Group

Last Buyer's Agent

Joe Liu

Keller Williams PDX Central License #200703207

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,153

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Views of Woods
  • Crawl Space

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R237620

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,894
  • Gross Income $38,700
  • Net Operating Income $31,806

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,153

Year Built

Built in 1977 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1977
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • 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
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level, Trees
  • Road Surface Type: Paved
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Attached, OffStreet
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • 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: Metzger
  • High School: Tigard
  • Middle Or Junior School: Fowler

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0
  • Parcel #: R237620

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 4152.9

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.15
  • Annual Gross Income: 38700.0
  • Property Net Operating Income: 31806.0
  • Annual Operating Expense: 6894.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 19, 2024
Sold by
Biehler Michele
Bought by
Pham Richard Thong
Seller's Agent
Stephen Campbell
RE/MAX Equity Group
Buyer's Agent
Joe Liu
Keller Williams PDX Central
List Price
$625,000
Sold Price
$657,000
Premium/Discount to List
$32,000
5.12%
Total Days on Market
6
Views
16
Current Estimated Value
$644,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,032
Avg. Annual Appreciation
-1.76%
Original Mortgage
$492,750
Outstanding Balance
$489,446
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$156,540

Purchase Details

Closed on
Jul 6, 2006
Sold by
Wahba Elliot R
Bought by
Biehler Michael and Biehler Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,300
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2003
Sold by
Wahba Maurice Elie
Bought by
Wahba Maurice Elie and Maurice Elie Wahba 1990 Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $657,000 First American Title
Warranty Deed $657,000 First American Title
Warranty Deed $252,883 Pacific Nw Title
Interfamily Deed Transfer -- Chicago
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $492,750 New Conventional
Previous Owner $235,166 New Conventional
Previous Owner $244,000 Unknown
Previous Owner $202,300 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $657,000 +5.1% $378 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $625,000 -- $360 / 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 $4,302 $267,440 -- --
2024 $4,153 $259,660 -- --
2023 $4,153 $252,100 $0 $0
2022 $3,995 $252,100 $0 $0
2021 $3,902 $237,640 $0 $0
2020 $3,786 $230,720 $0 $0
2019 $3,688 $224,000 $0 $0
2018 $3,520 $217,480 $0 $0
2017 $3,390 $211,150 $0 $0
2016 $3,229 $205,000 $0 $0
2015 $3,111 $199,030 $0 $0
2014 $2,915 $193,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24108753

Regional Multiple Listing Service (RMLS)

APN: R0237620