NOT LISTED FOR SALE

Estimated Value: $777,853 - $878,000

2 Beds
4 Baths
1,753 Sq Ft
$472/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $850,000 $485 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,019/month

76 Days on Market

Highlights

  • View of Trees or Woods
  • Private Lot
  • Central Air
  • Capitol Hill Elementary School Rated 9+
  • Landscaped with Trees
  • Green Certified Home

About This Home

As of August 2024

Unique vibrant fully furnished & permitted quadplex, located in unbeatable SW Portland just a short distance to Lewis & Clark Law school, ensuring remarkable occupancy rate with scarce vacancies! 9% rent increase in July 2024, aligning with the academic calendar. Beautiful landscaping, shared office & laundry facility. Free internet and netflix included in rent! This is a turnkey investment, with huge potential! Offers are subject to interior inspection. [Home Energy Score = 5. HES Report at

Last Agent to Sell the Property

Chris Suarez

Keller Williams Sunset Corridor Brokerage Phone: 503-890-6527 License #200108016 Listed on: 05/15/2024

Keller Williams Sunset Corridor

Co-Listed By

Suzanne Ward

Keller Williams Sunset Corridor Brokerage Phone: 503-890-6527 License #201235666

Last Buyer's Agent

Jennifer Johnston

eXp Realty, LLC License #200012020

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,067

Year Built

  • Built in 1913

Lot Details

  • 6,534 Sq Ft Lot
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • On-Street Parking

Property Views

  • Woods
  • Seasonal

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Cedar

Finished Basement

  • Apartment Living Space in Basement
  • Natural lighting in basement

Eco-Friendly Details

  • Green Certified Home

Schools

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

Utilities

  • Central Air
  • Mini Split Heat Pump
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes cabletv, electricity, heat, sewer, trashcollection, water
  • Assessor Parcel Number R197873

Community Details

Overview

  • 4 Units

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $20,549
  • Gross Income $72,432
  • Net Operating Income $51,883

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,067

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1913
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Finished, SeparateLivingQuartersApartmentAuxLivingUnit
  • Storage: Attic,Locked
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level, Private, Secluded, Trees
  • Road Surface Type: Gravel
  • Roof: Composition, Shingle
  • View: Seasonal,TreesWoods

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: SecurityLights
  • Cooling: CentralAir, Other
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: CentralAir, Commons, Laundry

Schools

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

Lot Info

  • Zoning: R7
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Parcel #: R197873

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: CableTV, Electricity, Heat, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 7067.41

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.74
  • Annual Gross Income: 72432.0
  • Property Net Operating Income: 51883.0
  • Annual Operating Expense: 20549.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Aug 27, 2024
Sold by
Roxanne Johnson Cumming Trust and Huggett Monica
Bought by
Pliska Keturah and Pliska Zachary
Seller's Agent
Chris Suarez
Keller Williams Sunset Corridor
Buyer's Agent
Jennifer Johnston
eXp Realty, LLC
List Price
$988,000
Sold Price
$850,000
Premium/Discount to List
-$138,000
-13.97%
Views
14
Current Estimated Value
$826,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,037
Avg. Annual Appreciation
-2.58%
Original Mortgage
$637,500
Outstanding Balance
$631,313
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$195,650

Purchase Details

Closed on
Feb 16, 2024
Sold by
Cumming Roxanne
Bought by
Roxanne Johnson Cumming Trust and Cumming

Purchase Details

Closed on
Jul 18, 2023
Sold by
Huggett Monica and Cumming Roxanne
Bought by
Huggett Monica and Cumming Roxanne

Purchase Details

Closed on
Apr 14, 2019
Sold by
Cumming Roxanne and Cumming Family Trust
Bought by
Huggett Monica and Cumming Roxanne

Purchase Details

Closed on
Apr 7, 2013
Sold by
Cumming Roxanne
Bought by
Cumming Roxanne and Cumming Family Trust

Purchase Details

Closed on
Oct 26, 2011
Sold by
Federal National Mortgage Association
Bought by
Cumming Roxanne

Purchase Details

Closed on
Sep 1, 2011
Sold by
Rodriguez Antonio M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 7, 2007
Sold by
Maxymillian Anthony J
Bought by
Rodriguez Antonio M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2000
Sold by
Earsley Ellen
Bought by
Maxymillian Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,050
Interest Rate
8.08%
Mortgage Type
VA
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
Pliska Keturah $850,000 Lawyers Title
Roxanne Johnson Cumming Trust -- None Listed On Document
Huggett Monica -- None Listed On Document
Huggett Monica -- None Available
Cumming Roxanne -- None Available
Cumming Roxanne $125,000 Chicago Title Insurance Co
Federal National Mortgage Association $204,685 None Available
Rodriguez Antonio M $255,000 First American Title Insuran
Maxymillian Anthony J $135,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pliska Keturah $637,500
Previous Owner Huggett Monica $70,000
Previous Owner Rodriguez Antonio M $242,250
Previous Owner Maxymillian Anthony J $10,000
Previous Owner Maxymillian Anthony J $139,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $850,000 0.0% $485 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $850,000 -14.0% $485 / Sq Ft
05/15/2024 05/15/24 For Sale $988,000 -- $564 / 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
2024 $7,350 $274,960 -- --
2023 $7,350 $266,960 $0 $0
2022 $6,914 $259,190 $0 $0
2021 $6,797 $251,646 $0 $0
2020 $5,815 $227,840 $0 $0
2019 $5,601 $221,210 $0 $0
2018 $5,437 $214,770 $0 $0
2017 $5,211 $208,520 $0 $0
2016 $4,768 $202,450 $0 $0
2015 $5,192 $219,780 $0 $0
2014 $3,517 $146,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24255014

Regional Multiple Listing Service (RMLS)

APN: R197873