NOT LISTED FOR SALE

Estimated Value: $491,000 - $600,000

4 Beds
2 Baths
1,800 Sq Ft
$307/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $556,200 $309 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,518/month

15 Days on Market

Highlights

  • Washer and Dryer
  • Level Lot
  • 1-Story Property

About This Home

As of September 2021

Cute and Cozy Vintage Stucco Triplex in North Portland. Fully rented, all units on month to month lease. Newer carpet & paint. Walking distance to parks, library, grocery stores, schools, post office, and N. Lombard Street's shopping & restaurants! Each unit is 2 bedrooms and one bath, 600 sq ft and has its own mostly fenced in small yard with a larger shared yard on the side of the property.

Last Agent to Sell the Property

Amber Clark

The Group Real Estate Services License #951100050 Listed on: 07/23/2021

Last Buyer's Agent

Maureen Swan

Portland Proper Real Estate License #990400025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,089

Year Built

  • Built in 1922

Lot Details

  • 5,009

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Range
  • Washer and Dryer

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,089

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1800
  • Stories: 1
  • Year Built: 1922
  • Property Condition: Existing
  • Remarks Public: Cute and Cozy Vintage Stucco Triplex in North Portland. Fully rented, all units on month to month lease. Newer carpet & paint. Walking distance to parks, library, grocery stores, schools, post office, and N. Lombard Street's shopping & restaurants! Each unit is 2 bedrooms and one bath, 600 sq ft and has its own mostly fenced in small yard with a larger shared yard on the side of the property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: POINT VIEW, BLOCK 14, WLY 50' OF LOT 15-18

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Built-Up
  • Foundation Details: Slab
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: James John
  • Middle School: George
  • High School: Roosevelt

Lot Info

  • Lot Description: Level
  • Zoning: R5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 4317.95
  • Assessor Parcel Number: R245328
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 16.96

MLS Schools

  • Elementary School: James John
  • High School: Roosevelt
  • Middle School: George

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 23, 2021
Sold by
Small Cat Holdings Llc
Bought by
Brugger Gerhard and Monteroza Brugger Maritza
Seller's Agent
Amber Clark
The Group Real Estate Services
Buyer's Agent
Maureen Swan
Portland Proper Real Estate
List Price
$575,000
Sold Price
$556,200
Premium/Discount to List
-$18,800
-3.27%
Total Days on Market
15
Current Estimated Value
$553,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,920
Avg. Annual Appreciation
0.78%
Original Mortgage
$389,340
Outstanding Balance
$358,872
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$213,613

Purchase Details

Closed on
Nov 16, 2009
Sold by
Sandler Irene Yao
Bought by
Small Cat Holdings Llc

Purchase Details

Closed on
Jan 12, 2009
Sold by
West Coast 2008-1 Llc
Bought by
Sandler Irene Yao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,405
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2008
Sold by
Mullings Herbert D
Bought by
West Coast 2008-1 Llc

Purchase Details

Closed on
Feb 2, 2007
Sold by
Peoples Property Inc
Bought by
Mullings Herbert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2006
Sold by
Gottschalk Albert K
Bought by
Peoples Property Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 1999
Sold by
Blackburn Catherine
Bought by
Bush Dan

Purchase Details

Closed on
Dec 14, 1995
Sold by
Jones Aaron C
Bought by
Busch Danny M and Blackburn Catherine M
Source: Public Records

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Range of Values:

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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
Brugger Gerhard $556,200 First American
Small Cat Holdings Llc -- None Available
Sandler Irene Yao $172,540 Pacific Nw Title Of Or Inc
West Coast 2008-1 Llc $199,500 Fatco
Mullings Herbert D $340,000 Lawyers Title Ins
Peoples Property Inc $158,000 Lawyers Title Ins
Bush Dan -- --
Busch Danny M $48,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brugger Gerhard $389,340
Previous Owner Sandler Irene Yao $129,405
Previous Owner Mullings Herbert D $272,000
Previous Owner Peoples Property Inc $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $556,200 -3.3% $309 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $575,000 -- $319 / 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 $5,089 $184,680 $0 $0
2022 $4,788 $179,310 $0 $0
2021 $4,707 $174,090 $0 $0
2020 $4,318 $169,020 $0 $0
2019 $4,159 $164,100 $0 $0
2018 $4,037 $159,330 $0 $0
2017 $3,869 $154,690 $0 $0
2016 $3,541 $150,190 $0 $0
2015 $3,448 $145,820 $0 $0
2014 $3,306 $141,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21395357

Regional Multiple Listing Service (RMLS)

APN: R245328