$490,000
SOLD OCT 27, 2017

9050 SW 38th Ave Unit 9054 Portland, OR 97219

Multnomah Neighborhood
4 Beds
2 Baths
2,890 Sq Ft
9,801 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

2% Below List Price

29 Days on Market

Highlights

  • Private Lot
  • Wood Flooring
  • Attached Garage
  • Capitol Hill Elementary School Rated 9+
  • Fireplace
  • Views

About This Home

As of July 2022

Amazing opportunity for a turn-key duplex (9050-9054 SW 38th) in Multnomah Village. This would make a great owner occupied property updates include: Newer furnaces, milgard windows, hardwood floors under carpet in living, dining, and bedrooms. 9050 newer carpet, oven, and brand new water heater. 9054 newer oven and water heater. Great investment opportunity in one of Portland's best areas. Do Not Disturb month to month Tenants.

Last Agent to Sell the Property

Marc Hansen

eXp Realty, LLC License #200602089 Listed on: 08/22/2017

eXp Realty, LLC

Last Buyer's Agent

Ben Andrews

MORE Realty License #200302052

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,470

Year Built

  • Built in 1960

Lot Details

  • Private Lot
  • Sloped Lot
  • Landscaped with Trees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Wood Flooring
  • Basement Storage
  • Storage In Attic
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Property managed by LEFT SIDE CAN BE SEEN ONLY

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,470

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2890
  • Stories: 2
  • Year Built: 1960
  • Remarks Public: Amazing opportunity for a turn-key duplex (9050-9054 SW 38th) in Multnomah Village. This would make a great owner occupied property updates include: Newer furnaces, milgard windows, hardwood floors under carpet in living, dining, and bedrooms. 9050 newer carpet, oven, and brand new water heater. 9054 newer oven and water heater. Great investment opportunity in one of Portland's best areas. Do Not Disturb month to month Tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: GOLD HILL, BLOCK 1, LOT 2
  • Storage: Attic, Basement

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Management Name: LEFT SIDE CAN BE SEEN ONLY
  • Management Phone: 503-901-3337
  • Unit Features: Dishwasher, Fireplace, Hardwood Floors, Range

Schools

  • Elementary School: Capitol Hill
  • Middle School: Jackson
  • High School: Wilson

Lot Info

  • Lot Description: Private, Sloped, Trees
  • Zoning: R7

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 5892.17
  • Assessor Parcel Number: R171222

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 20.08

MLS Schools

  • Elementary School: Capitol Hill
  • High School: Wilson
  • 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%
Current Estimated Value
$669,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,035
Avg. Annual Appreciation
4.61%
Original Mortgage
$481,124
Outstanding Balance
$401,442
Interest Rate
3.78%
Mortgage Type
FHA
Estimated Equity
$298,909

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

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $490,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $481,124 FHA
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
2024 $8,470 $316,880 -- --
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: 17554260

Regional Multiple Listing Service (RMLS)

APN: R171222