NOT LISTED FOR SALE

9281 SW Locust St Portland, OR 97223

Estimated Value: $764,759 - $922,000

6 Beds
6 Baths
2,972 Sq Ft
$274/Sq Ft Est. Value

Last Sold January 29, 2018

Last sale price $621,000 $209 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,894/month

105 Days on Market

Highlights

  • Parking Storage or Cabinetry
  • Garage
  • Level Lot

About This Home

As of January 2018

BIG price reduction on this condo-like duplex. Expenses were higher in 2016, due to some deferred maintenance. 2 car garages! NOT your average duplex. Large 3 bedroom, 2.5 baths. Forced air gas heat! One apartment vacant. Mild remodeling. Feel free to drive by. Please do not talk to or disturb the tenants. Interior inspection shown only after acceptance of an offer.

Last Agent to Sell the Property

Tom Abalan

Kelly Right Real Estate of Portland, LLC License #200606374 Listed on: 08/15/2017

Kelly Right Real Estate of Portland, LLC

Last Buyer's Agent

Beth Earnest

Earnest Real Estate License #920700088

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,917

Year Built

  • Built in 2001

Lot Details

  • Level Lot

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Assigned Parking

Home Design

  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,917

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2972
  • Stories: 2
  • Year Built: 2001
  • Remarks Public: BIG price reduction on this condo-like duplex. Expenses were higher in 2016, due to some deferred maintenance. 2 car garages! NOT your average duplex. Large 3 bedroom, 2.5 baths. Forced air gas heat! One apartment vacant. Mild remodeling. Feel free to drive by. Please do not talk to or disturb the tenants. Interior inspection shown only after acceptance of an offer.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 1997-124 PARTITION PLAT, LOT 3, ACRES .14
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Assigned, Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Refrigerator

Schools

  • High School: Tigard

Lot Info

  • Lot Description: Level
  • Zoning: R12

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 5179.70
  • Assessor Parcel Number: R2075447

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.14

MLS Schools

  • High School: Tigard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2024
Sold by
9281 Sw Locust Street Trust and Corsi Cristian
Bought by
9281 Sw Locust Street Llc
Current Estimated Value
$814,440

Purchase Details

Listed on
Aug 15, 2017
Closed on
Jan 18, 2018
Sold by
Lundmark Albert C
Bought by
Corsi Cristian and Da Sillva Maria Regina Lopes Games
Seller's Agent
Tom Abalan
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Beth Earnest
Earnest Real Estate
List Price
$675,500
Sold Price
$621,000
Premium/Discount to List
-$54,500
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$455,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2002
Sold by
Lundmark Homes Llc
Bought by
Lundmark Albert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,600
Interest Rate
7.12%
Source: Public Records

Range of Values:

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Average Value
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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
9281 Sw Locust Street Llc -- None Listed On Document
Corsi Cristian $621,000 Ticor Title
Corsi Cristian $621,000 Ticor Title
Lundmark Albert C -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corsi Cristian $455,750
Previous Owner Lundmark Albert C $216,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $621,000 -8.1% $209 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $675,500 -- $227 / 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
2025 $6,917 $400,200 -- --
2024 $6,686 $388,550 -- --
2023 $6,686 $377,240 $0 $0
2022 $6,495 $377,240 $0 $0
2021 $6,334 $355,600 $0 $0
2020 $6,145 $345,250 $0 $0
2019 $5,882 $335,200 $0 $0
2018 $5,625 $325,440 $0 $0
2017 $5,423 $315,970 $0 $0
2016 $5,180 $306,770 $0 $0
2015 $4,980 $297,840 $0 $0
2014 $4,718 $289,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tom Abalan

    Kelly Right Real Estate of Portland, LLC

    Section Image
  • Beth Earnest

    Buyer's Agent in 2018

    Beth Earnest

    Earnest Real Estate

    (503) 330-7400

    2 in this area

    130 Total Sales

    Beth Earnest
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17035234

Regional Multiple Listing Service (RMLS)

APN: R2075447

Oregon Washington County Portland 97223

9281 SW Locust St, Portland, OR

This home is located at 9281 SW Locust St, Portland, OR 97223 since 15 August 2017 and is currently estimated at $814,440, approximately $274 per square foot. This property was built in 2001. 9281 SW Locust St is a home located in Washington County with nearby schools including Metzger Elementary School, Thomas R. Fowler Middle School, and Tigard 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.

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