Rare - "Turn Key" 4-plex with detached garages. Newer roof, gutters, siding, painting, etc. Vinyl windows. Very well maintained. Great Cash Flow. Actual Gross Income at nearly $80k/yr. Great location in Clackamas County. All units easily rented.
Remarks Public: Rare - "Turn Key" 4-plex with detached garages. Newer roof, gutters, siding, painting, etc. Vinyl windows. Very well maintained. Great Cash Flow. Actual Gross Income at nearly $80k/yr. Great location in Clackamas County. All units easily rented.
Unreinforced Masonry Building: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Legal Description: SECTION 09 TOWNSHIP 2S RANGE 2E QUARTER BD TAX LOT 04503
Basement: Crawl Space
Storage: Attached, Individual Storage Units
Exterior Features
Exterior Description: Lap Siding, Cement Siding
Lot Size: 10,000 to 14,999 SqFt
Roof Type: Composition
Foundation Details: Concrete Perimeter
Road Surface: Paved
Garage/Parking
Parking Description: Paved, Garage
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Sewer: Public Sewer
Water Description: Public
Heating Description: Zoned
Security: Security Lights
Association/Amenities
Amenities Supplement: No
Condo/Co-op/Association
Unit Features: Dishwasher, Refrigerator, Storage, Washer/Dryer Hookup
Schools
Elementary School: Bilquist
Middle School: Alder Creek
High School: Putnam
Lot Info
Lot Description: On Busline, Level
Zoning: Unknown
Water Rights Supplement: No
Green Features
Green Energy Supplement: No
Rental Info
Rent Includes: Trash Collection, Sewer, Water
Tax Info
Tax Amount: 5910.07
Assessor Parcel Number: 00473384
Tax Year: 2018
Multi Family
Unit Type: 1, 2, 3, 4
Number Of Units Total: 4
Gross Rent Multiplier: 11.64
MLS Schools
Elementary School: Bilquist
High School: Putnam
Middle School: Alder Creek
Ownership History
DateNameOwned ForOwner Type
Jul 2020 - PresentClackamas Road Apartmnts Llc4 Years and 11 Months
Company
Purchase Details
Closed on
Jul 30, 2020
Sold by
Labuhn Christopher A
Bought by
Clackamas Road Apartmnts Llc
Total Days on Market
1
Current Estimated Value
$1,222,115
May 2020 - Jul 2020Labuhn Chris and Labuhn Mechelle2 Months
Private Individual
Purchase Details
Listed on
Feb 11, 2020
Closed on
May 4, 2020
Sold by
Young Robert Leroy and Young Heidi
Bought by
Labuhn Chris and Labuhn Mechelle
Seller's Agent
Rob Young
Legacy Realty Group
Buyer's Agent
Tom Ramsey
John L Scott Portland SW
List Price
$895,000
Sold Price
$897,500
Premium/Discount to List
$2,500
0.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$667,500
Interest Rate
3.6%
Mortgage Type
New Conventional
May 2018 - May 2020Young Robert Leroy and Young Heidi2 Years
Private Individual
Purchase Details
Closed on
May 29, 2018
Sold by
Ramsey Arthur W
Bought by
Young Robert Leroy and Young Heidi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
May 2018 - May 2018Ramsey Arthur WLess than a month
Private Individual
Purchase Details
Closed on
May 9, 2018
Sold by
Swayze Bruce
Bought by
Ramsey Arthur W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Aug 2015 - May 2018Swayze Darlene D and The Darlene D Swayze Living Trust2 Years and 9 Months
Private Individual
Purchase Details
Closed on
Aug 25, 2015
Sold by
Swayze Darlene D
Bought by
Swayze Darlene D and The Darlene D Swayze Living Trust
Jul 1995 - Aug 2015Swayze Lewis E and Swayze Darlene20 Years and 1 Month
Private Individual
Purchase Details
Closed on
Jul 5, 1995
Sold by
Morse William L and Morse Yvonne K
Bought by
Swayze Lewis E and Swayze Darlene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Great rental property in Clackamas County. Well maintained 4-plex on dead end street. Convenient location, easy access to I205 & HWY 212. Updates over last 5 yrs as needed include siding, gutters, carpet and appliances. Single car garage for each unit, plus small storage space. Projected estimates show Cap Rate over 6% and Gross Rent at 13% Multiplier. Possible assumable loan, Contact LA for
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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
Clackamas Road Apartmnts Llc
--
None Available
Labuhn Chris
$897,500
First American
Young Robert Leroy
$550,000
First American Title
Ramsey Arthur W
$524,000
Fidelity National Title
Swayze Darlene D
--
None Available
Swayze Lewis E
$195,000
Stewart Title
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Previous Owner
Labuhn Chris
$667,500
Previous Owner
Young Robert Leroy
$550,000
Previous Owner
Ramsey Arthur W
$384,000
Previous Owner
Swayze Lewis E
$125,200
Previous Owner
Swayze Lewis E
$146,200
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
05/05/202005/05/20
Sold
$897,500
+0.3%
$231 / Sq Ft
02/12/202002/12/20
Pending
--
--
--
02/11/202002/11/20
For Sale
$895,000
--
$230 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 9009 SE Clackamas Rd, Clackamas, OR 97015 since 11 February 2020 and is currently estimated at $1,222,115, approximately $314 per square foot. This property was built in 1975. 9009 SE Clackamas Rd is a home located in Clackamas County with nearby schools including Bilquist Elementary School, Alder Creek Middle School, and Rex Putnam High School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.