NOT LISTED FOR SALE

9050 SW 38th Ave Unit 9054 Portland, OR 97219

Multnomah Neighborhood

Estimated Value: $615,000 - $746,000

4 Beds
2 Baths
2,890 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $725,000 $251 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,470/month

3 Days on Market

Highlights

  • Secluded Lot
  • Views
  • Landscaped with Trees
  • Fireplace
  • Storage
  • Garage

About This Home

As of July 2022

Open House June 12, 1-3 pm. Awesome opportunity in Multnomah Village! Duplex on quiet dead end street with long-term tenant and one vacant unit. Would be great for owner-occupied with rental income. Unit 9050 has updated fireplace/living area since 2019. New roof in 2019. Each unit has two bedrooms, one bath, garage and basement area with laundry and storage. Hardwoods under carpets! Lovely treed lot, right around the corner from Spring Garden Park, Multnomah Village shops and restaurants.

Last Agent to Sell the Property

Sara Gray

John L. Scott Portland Central License #201203322 Listed on: 06/10/2022

John L. Scott Portland Central

Last Buyer's Agent

Leslie Keller

Lovejoy Real Estate License #201229116

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,145

Year Built

  • Built in 1960

Lot Details

  • Secluded Lot
  • Gentle Sloping Lot
  • Landscaped with Trees

Parking

  • Garage

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Fireplace
  • Storage
  • Washer and Dryer
  • Unfinished Basement
  • Basement Storage
  • Property Views

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,145

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2890
  • Year Built: 1960
  • Property Condition: Approximately
  • Remarks Public: Open House June 12, 1-3 pm. Awesome opportunity in Multnomah Village! Duplex on quiet dead end street with long-term tenant and one vacant unit. Would be great for owner-occupied with rental income. Unit 9050 has updated fireplace/living area since 2019. New roof in 2019. Each unit has two bedrooms, one bath, garage and basement area with laundry and storage. Hardwoods under carpets! Lovely treed lot, right around the corner from Spring Garden Park, Multnomah Village shops and restaurants.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: GOLD HILL, BLOCK 1, LOT 2
  • Basement: Unfinished, Storage Space
  • Storage: Garage(s), Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • View: Seasonal, Trees/Woods
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air
  • Internet Service Type: DSL

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Fireplace, Refrigerator, Storage, Washer/Dryer Hookup, Washer/Dryer

Schools

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

Lot Info

  • Lot Description: Secluded, Sloped, Trees, Gentle Sloping
  • Zoning: R7
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Remarks Public: HES on both units as required; both received a 7.
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 7
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10202719
  • Green Verification HES Year: 2022

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 7833.65
  • Assessor Parcel Number: R171222
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.99

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2017
Closed on
Sep 16, 2017
Sold by
Twitchell Barbara Diane
Bought by
Merrill John P
Seller's Agent
Marc Hansen
eXp Realty, LLC
Buyer's Agent
Ben Andrews
MORE Realty
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Total Days on Market
3
Current Estimated Value
$675,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,435
Avg. Annual Appreciation
4.31%
Original Mortgage
$481,124
Outstanding Balance
$405,299
Interest Rate
3.78%
Mortgage Type
FHA
Estimated Equity
$270,122

Purchase Details

Closed on
Aug 19, 2011
Sold by
Twitchell Barbara D
Bought by
Twitchell Barbara Diane and Wayne Lee Twitchell Disclaimer Trust
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
Merrill John P $490,000 Old Republic Title Company
Twitchell Barbara Diane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill John P $481,124
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $725,000 +10.7% $251 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $655,000 +33.7% $227 / Sq Ft
10/27/2017 10/27/17 Sold $490,000 -2.0% $170 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $500,000 -- $173 / 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 $8,145 $307,660 $0 $0
2022 $7,969 $298,700 $0 $0
2021 $7,834 $290,000 $0 $0
2020 $7,186 $281,560 $0 $0
2019 $6,922 $273,360 $0 $0
2018 $6,718 $265,400 $0 $0
2017 $6,439 $257,670 $0 $0
2016 $5,892 $250,170 $0 $0
2015 $5,738 $242,890 $0 $0
2014 $5,324 $235,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22151941

Regional Multiple Listing Service (RMLS)

APN: R171222