$650,000
SOLD NOV 4, 2024

9640 SW Park Way Portland, OR 97225

-- Bed
-- Bath
2,505 Sq Ft
0.27 Acres

Recently Sold

$259 Per Sq Ft

18 Days on Market

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • 2 Car Garage
  • Ridgewood Elementary School Rated A-
  • Forced Air Heating System
  • 3-minute walk to Ridgewood Park

About This Home

As of November 2024

Move-in ready duplex on a corner lot with beautiful landscaping. This property provides an excellent opportunity for income to offset housing expenses. Each unit features a cozy wood-burning fireplace in the living room and a well-equipped kitchen with a dishwasher, range, disposal, and refrigerator. The bedrooms have hardwood floors, while the rest of the home is adorned with stylish laminate flooring. Both units come with a dedicated laundry room, complete with washer and dryer. The yard is a standout, featuring a charming patio with table and chairs, as well as a fenced garden space for your green thumb. A/C is provided by window units, and recent updates include vinyl-framed windows and fresh exterior paint. Conveniently located near restaurants, shopping, and Providence St. Vincent Medical Center, this property offers the added benefit of a private corner lot next to a picturesque park, perfect for walking, with a nearby dog park for pet lovers. This duplex combines privacy, convenience, and modern comforts.

Last Agent to Sell the Property

Nick Shivers

Keller Williams PDX Central License #200209063 Listed on: 09/18/2024

Keller Williams PDX Central

Co-Listed By

Bethany Snook

Keller Williams PDX Central License #201240280

Last Buyer's Agent

Shelley Lucas

The Agency Portland License #201226204

The Agency Portland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,533

Year Built

  • Built in 1958

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,505 Sq Ft Home
  • 1-Story Property
  • Basement Storage

Schools

  • Ridgewood Elementary School
  • Cedar Park Middle School
  • Beaverton High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • 2 Units
  • Home Association Of Cedar Hills Association, Phone Number (503) 292-1259

Listing and Financial Details

  • Assessor Parcel Number R8547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,533

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1958
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: StorageSpace
  • Storage: Basement
  • Association Contact: N/A
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Name: Home Association of Cedar Hills
  • Phone: 503-292-1259
  • Association: Yes
  • Association Email: www.cedarhillshoa.org

Association/Amenities

  • AssociationAddress: 9900 SW Wilshire St, Ste 109, Portland OR 97225
  • AssociationPendingLitigationYN: Unknown
  • AssociationStatus: Active

Schools

  • Elementary School: Ridgewood
  • High School: Beaverton
  • Middle Or Junior School: Cedar Park

Lot Info

  • Zoning: R-5
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761.0
  • Parcel #: R8547

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5533.3

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 24, 2024
Sold by
Lafavor Barbara M
Bought by
Nichols David Ashford
Seller's Agent
Nick Shivers
Keller Williams PDX Central
Buyer's Agent
Shelley Lucas
The Agency Portland
List Price
$652,000
Sold Price
$650,000
Premium/Discount to List
-$2,000
-0.31%
Views
114
Current Estimated Value
$652,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,129
Avg. Annual Appreciation
-0.66%
Original Mortgage
$450,000
Outstanding Balance
$447,776
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$198,727

Purchase Details

Closed on
Mar 25, 2014
Sold by
Feuerstein Cheryl J and Rosenau Frances J
Bought by
Lafavor Charles D and Lafavor Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,200
Interest Rate
3.75%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $650,000 None Listed On Document
Guardian Deed $255,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $227,500 New Conventional
Previous Owner $240,903 FHA
Previous Owner $244,200 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $650,000 -0.3% $259 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $652,000 -- $260 / 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 $5,891 $323,080 -- --
2024 $5,533 $313,670 -- --
2023 $5,533 $304,540 $0 $0
2022 $5,348 $304,540 $0 $0
2021 $5,155 $287,060 $0 $0
2020 $4,999 $278,700 $0 $0
2019 $4,840 $270,590 $0 $0
2018 $4,682 $262,710 $0 $0
2017 $4,514 $255,060 $0 $0
2016 $4,353 $247,640 $0 $0
2015 $4,199 $240,430 $0 $0
2014 $4,101 $233,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24433401

Regional Multiple Listing Service (RMLS)

APN: R8547