NOT LISTED FOR SALE

9210 SW Capitol Hwy Unit 9220 Portland, OR 97219

Multnomah Neighborhood

Estimated Value: $547,000 - $604,772

4 Beds
2 Baths
1,930 Sq Ft
$298/Sq Ft Est. Value

Last Sold April 16, 2020

Last sale price $394,000 $204 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,610/month

39 Days on Market

Highlights

  • Territorial View
  • Property is near a bus stop
  • Forced Air Heating System
  • Landscaped with Trees

About This Home

As of April 2020

Just blocks from Multnomah Village, this duplex is a great opportunity for an investor or owner-occupant. Both units feature hardwood floors, creative built-ins, laundry & expansive backyard along with ample attached storage. Unit 1: 3 bed/1bath, Unit 2: 2 bed/1bath. Custom built by a retired ship's captain, both are filled with character and charming architectural details. See city plans to improve SW Capitol Hwy with sidewalks in 2020! Do not miss this opportunity!

Last Agent to Sell the Property

Nicholas Swann

Windermere Realty Trust License #201211605 Listed on: 11/22/2019

Windermere Realty Trust

Co-Listed By

Matt Mahaffy

Windermere Realty Trust License #200205006

Last Buyer's Agent

Taya Mower

Keller Williams Sunset Corridor License #200709135

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,422

Year Built

  • Built in 1954

Lot Details

  • 7,579

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,930 Sq Ft Home
  • Territorial Views

Basement

  • Exterior Basement Entry
  • Crawl Space
  • Basement Storage

Schools

  • Capitol Hill Elementary School
  • Jackson Middle School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Landscaped with Trees
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number R304971

Community Details

Overview

  • 2 Units
  • Multnomah Village Subdivision

Building Details

  • Operating Expense $6,421
  • Gross Income $32,700
  • Net Operating Income $26,279

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,422

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1954
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, ExteriorEntry, StorageSpace
  • Storage: Attached,Basement
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Brick,Cedar
  • Lot Size: 7,000 to 9,999 SqFt
  • View: Yes
  • Lot Features: OnBusline, Trees
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Capitol Hill
  • Middle Or Junior School: Jackson

Lot Info

  • Zoning: R7
  • Parcel #: R304971

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4421.5

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.47
  • Annual Gross Income: 32700.0
  • Property Net Operating Income: 26279.0
  • Annual Operating Expense: 6421.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Apr 14, 2020
Sold by
Ramirez John C
Bought by
Bernot Erin Lynn and Bernot Lynn Kari
Seller's Agent
Nicholas Swann
Windermere Realty Trust
Buyer's Agent
Taya Mower
Keller Williams Sunset Corridor
List Price
$374,999
Sold Price
$394,000
Premium/Discount to List
$19,001
5.07%
Current Estimated Value
$575,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,193
Avg. Annual Appreciation
8.87%
Original Mortgage
$315,200
Outstanding Balance
$283,681
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$334,956

Purchase Details

Closed on
Jul 28, 2006
Sold by
Studer Adam N
Bought by
Ramirez John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2004
Sold by
Studer Adam N
Bought by
Studer Adam N and Studer Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 16, 2002
Sold by
Williams Timothy R
Bought by
Studer Adam N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1998
Sold by
Olympia Llc
Bought by
Studer Adam N and Williams Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 1996
Sold by
Penny Judy C
Bought by
Olympia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.36%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Bernot Erin Lynn $394,000 None Available
Ramirez John C $292,500 Pacific Nw Title
Studer Adam N -- Ticor Title Insurance Compan
Studer Adam N $12,000 Ticor Title
Studer Adam N $148,000 Ticor Title Insurance
Olympia Llc $135,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernot Erin Lynn $315,200
Previous Owner Ramirez John C $303,000
Previous Owner Ramirez John C $303,000
Previous Owner Ramirez John C $234,000
Previous Owner Ramirez John C $58,500
Previous Owner Studer Adam N $60,000
Previous Owner Studer Adam N $143,500
Previous Owner Studer Adam N $140,600
Previous Owner Olympia Llc $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2020 04/16/20 Sold $394,000 +5.1% $204 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
12/20/2019 12/20/19 For Sale $374,999 0.0% $194 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $374,999 -- $194 / 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 $5,202 $196,510 $0 $0
2022 $5,090 $190,790 $0 $0
2021 $5,004 $185,240 $0 $0
2020 $4,590 $179,850 $0 $0
2019 $4,422 $174,620 $0 $0
2018 $4,292 $169,540 $0 $0
2017 $4,113 $164,610 $0 $0
2016 $3,764 $159,820 $0 $0
2015 $3,665 $155,170 $0 $0
2014 $3,610 $150,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19012640

Regional Multiple Listing Service (RMLS)

APN: R304971