$580,000
SOLD OCT 2, 2014
6 Beds
6 Baths
5,200 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

3% Below List Price

38 Days on Market

About This Home

As of September 2024

Fabulous 4-plex, built in 2007. Fully rented and in good condition. Each unit is 1300 square feet featuring 3 bedroom and 2-1/2 baths. The master bedrooms have walk in closets. The living space on the main floor is a great size. Each unit has a fenced patio area. Really easy to rent and the current tenants have all been there for years. There may be a bit of room for rent increases. Please don't disturb the tenants.

Last Agent to Sell the Property

Kay Armstrong

MORE Realty License #200203421 Listed on: 07/30/2014

MORE Realty

Last Buyer's Agent

Jeffrey Capen

Windermere Realty Trust License #200308199

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,073

Year Built

  • Built in 2007

Home Design

  • Lap Siding

Additional Features

  • 2-Story Property
  • Electric Water Heater

Community Details

  • 4 Units
  • Property managed by Kay Armstrong

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,073

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 5200
  • Stories: 2
  • Year Built: 2007
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: HYLES ADD & EXTD, BLOCK 7, LOT 3

Exterior Features

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security Or Entry: Fire Sprinkler System
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Management Name: Kay Armstrong
  • Management Phone: 503-516-6049

Lot Info

  • Zoning: R1

Tax Info

  • Tax Amount: 7494.49
  • Assessor Parcel Number: R186023

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Sep 23, 2024
Sold by
Wash Murfee Llc
Bought by
Meyer Joseph and Meyer Danielle
Seller's Agent
Jeffrey Capen
Windermere Realty Trust
Buyer's Agent
Jeffrey Capen
Windermere Realty Trust
List Price
$1,049,900
Sold Price
$1,070,000
Premium/Discount to List
$20,100
1.91%
Views
16
Current Estimated Value
$1,108,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,089
Avg. Annual Appreciation
1.24%
Original Mortgage
$856,000
Outstanding Balance
$434,925
Interest Rate
6.49%
Mortgage Type
Construction
Estimated Equity
$647,652

Purchase Details

Listed on
Jul 30, 2014
Closed on
Oct 27, 2014
Sold by
Olson Christine J
Bought by
Wash Murfee Llc
Seller's Agent
Kay Armstrong
MORE Realty
Buyer's Agent
Jeffrey Capen
Windermere Realty Trust
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$435,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2014
Closed on
Oct 24, 2014
Sold by
Ridge Runner Investments Llc
Bought by
Olson Christine J and Barrs Carrington E
Seller's Agent
Kay Armstrong
MORE Realty
Buyer's Agent
Jeffrey Capen
Windermere Realty Trust
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2012
Sold by
Armstrong Kirstin K
Bought by
Ridge Runner Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2007
Sold by
Armstrong Robert and Armstrong Kirstin Kay
Bought by
Ridge Runner Investments Llc

Purchase Details

Closed on
Jul 25, 2007
Sold by
Kimco Properties Ltd
Bought by
Armstrong Robert and Armstrong Kirstin Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2006
Sold by
Baptist Manor
Bought by
Portland Affordable Housing Preservation and Harrison Court Apts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Baptist Manor
Bought by
Kimco Properties Ltd
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 Type Sale Price Title Company
Warranty Deed $1,070,000 Fidelity National Title
Bargain Sale Deed -- Fidelity National Title Co
Warranty Deed $580,000 Fidelity National Title Co
Bargain Sale Deed -- Lawyers Title Ins Corp
Bargain Sale Deed -- Lawyers Title Ins Corp
Bargain Sale Deed -- Accommodation
Warranty Deed $535,000 First American Title Insuran
Warranty Deed $2,800,000 First American
Warranty Deed $395,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $856,000 Construction
Previous Owner $435,000 New Conventional
Previous Owner $438,000 New Conventional
Previous Owner $1,600,000 Construction
Previous Owner $428,000 Purchase Money Mortgage
Previous Owner $1,850,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $1,070,000 +7.0% $205 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/23/2024 07/23/24 Price Changed $999,900 -4.8% $192 / Sq Ft
07/02/2024 07/02/24 Price Changed $1,049,900 0.0% $202 / Sq Ft
07/02/2024 07/02/24 For Sale $1,049,900 -1.9% $202 / Sq Ft
06/19/2024 06/19/24 Off Market $1,070,000 -- --
05/30/2024 05/30/24 For Sale $1,099,900 +89.6% $211 / Sq Ft
10/02/2014 10/02/14 Sold $580,000 -3.2% $112 / Sq Ft
09/06/2014 09/06/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $599,000 -- $115 / 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 $13,073 $488,620 -- --
2023 $12,571 $474,390 $0 $0
2022 $12,299 $460,580 $0 $0
2021 $12,090 $447,170 $0 $0
2020 $11,091 $434,150 $0 $0
2019 $10,683 $421,510 $0 $0
2018 $10,369 $409,240 $0 $0
2017 $9,938 $397,330 $0 $0
2016 $9,095 $385,760 $0 $0
2015 $8,857 $374,530 $0 $0
2014 $8,199 $363,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14449360

Regional Multiple Listing Service (RMLS)

APN: R186023