NOT LISTED FOR SALE

9574 SE 41st Ave Milwaukie, OR 97222

Ardenwald Neighborhood

Estimated Value: $587,000 - $671,429

6 Beds
3 Baths
2,618 Sq Ft
$247/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $620,000 $237 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,937/month

8 Days on Market

Highlights

  • Level Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of December 2021

Hard to find triplex in Milwaukie's Ardenwald Neighborhood! All units have 2 bedroom 1 bath with washer/dryer hookup & street parking. Do not disturb occupants, interior inspection available upon acceptance. Trustee has never entered the home, buyer's due diligence for room sizes and interior features required.

Last Agent to Sell the Property

Terri Boughton

Century 21 North Homes Realty License #881000055 Listed on: 09/28/2021

Century 21 North Homes Realty

Last Buyer's Agent

Laurie Gilmer

Think Real Estate License #200307055

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,016

Year Built

  • Built in 1959

Lot Details

  • 6,098

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Range
  • Washer and Dryer Hookup

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units
  • Property managed by Fortress Property Management

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,016

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2618
  • Stories: 1
  • Year Built: 1959
  • Property Condition: Approximately
  • Remarks Public: Hard to find triplex in Milwaukie's Ardenwald Neighborhood! All units have 2 bedroom 1 bath with washer/dryer hookup & street parking. Do not disturb occupants, interior inspection available upon acceptance. Trustee has never entered the home, buyer's due diligence for room sizes and interior features required.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 25 TOWNSHIP 1S RANGE 1E QUARTER DA TAX LOT 01500
  • Basement: None

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Management Name: Fortress Property Management
  • Unit Features: Range, Washer/Dryer Hookup

Schools

  • Elementary School: Ardenwald
  • Middle School: Rowe
  • High School: Milwaukie

Lot Info

  • Lot Description: Level
  • Zoning: R7

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4331.01
  • Assessor Parcel Number: 00010865
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.19

MLS Schools

  • Elementary School: Ardenwald
  • High School: Milwaukie
  • Middle School: Rowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 17, 2021
Sold by
Franklin Richard D and Plimpton Property Land Trust
Bought by
Norman James C
Seller's Agent
Terri Boughton
Century 21 North Homes Realty
Buyer's Agent
Laurie Gilmer
Think Real Estate
List Price
$550,000
Sold Price
$620,000
Premium/Discount to List
$70,000
12.73%
Current Estimated Value
$647,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,107
Avg. Annual Appreciation
1.16%
Original Mortgage
$424,700
Outstanding Balance
$390,743
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$256,364

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 16, 2021
Sold by
Stankewitsch Victor and Stankewitsch Kathryn
Bought by
Mid North Oregon Oregon Funding Llc
Seller's Agent
Terri Boughton
Century 21 North Homes Realty
Buyer's Agent
Laurie Gilmer
Think Real Estate
List Price
$550,000
Sold Price
$620,000
Premium/Discount to List
$70,000
12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,700
Outstanding Balance
$390,743
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$256,364

Purchase Details

Closed on
Feb 25, 2013
Sold by
Mid North Oregon Funding Llc
Bought by
Franklin Richard D and Plimpton Property Land Trust

Purchase Details

Closed on
Dec 14, 2007
Sold by
Stankewitsch Kathryn and Stankewitsch Victor
Bought by
41St Holdings Llc

Purchase Details

Closed on
Dec 13, 2007
Sold by
97062 Investors Llc
Bought by
41St Holdings Llc

Purchase Details

Closed on
Dec 12, 2007
Sold by
Taylor Dennis and Taylor June
Bought by
97062 Investors Llc
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
Norman James C $620,000 First American Title
Norman James C $620,000 First American
Franklin Richard D -- First American
Mid North Oregon Oregon Funding Llc $205,000 First American Title
Franklin Richard D $235,000 None Available
41St Holdings Llc $100,000 Ticor Title Insurance Compan
41St Holdings Llc $192,500 Ticor Title Insurance Compan
97062 Investors Llc $132,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman James C $424,700
Previous Owner 41St Holdings Llc $62,720
Previous Owner 41St Holdings Llc $45,712
Closed Franklin Richard D $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $620,000 +12.7% $237 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $550,000 -- $210 / 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 $5,016 $229,162 -- --
2023 $5,016 $222,488 $0 $0
2022 $4,632 $216,008 $0 $0
2021 $4,470 $209,717 $0 $0
2020 $4,331 $203,609 $0 $0
2019 $4,266 $197,679 $0 $0
2018 $3,794 $191,921 $0 $0
2017 $3,685 $186,331 $0 $0
2016 $3,562 $180,904 $0 $0
2015 $3,391 $175,635 $0 $0
2014 $3,217 $170,519 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Boughton

    Seller's Agent in 2021

    Terri Boughton

    Century 21 North Homes Realty

    (503) 307-2546

    1 in this area

    62 Total Sales

    Terri Boughton
    Section Image
  • Laurie Gilmer

    Buyer's Agent in 2021

    Laurie Gilmer

    Think Real Estate

    (503) 347-3565

    4 in this area

    358 Total Sales

    Laurie Gilmer
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21257742

Regional Multiple Listing Service (RMLS)

APN: 00010865

Oregon Clackamas County Milwaukie 97222 Ardenwald

9574 SE 41st Ave, Milwaukie, OR

This home is located at 9574 SE 41st Ave, Milwaukie, OR 97222 since 28 September 2021 and is currently estimated at $647,107, approximately $247 per square foot. This property was built in 1959. 9574 SE 41st Ave is a home located in Clackamas County with nearby schools including Ardenwald Elementary School, Rowe Middle School, and Milwaukie High School.

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