NOT LISTED FOR SALE

9801 SE Foster Rd Unit 9807 Portland, OR 97266

Lents Neighborhood

Estimated Value: $575,000 - $749,111

8 Beds
4 Baths
3,328 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $572,500 $172 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,530/month

16 Days on Market

About This Home

As of May 2019

Investment opportunity for multifamily. Fully occupied/leased. Almost all the units are updated with new carpet and vinyl-New paint- Updated bathrooms -New kitchen cabinets -Quartz counters -New washer/dryer.New hot water heater. New siding and roof Closed to Lents Park, Springwater Corridor Trail, Glenwood City Park, Public transit and schools. DO NOT DISTURB TENANTS-

Last Agent to Sell the Property

Mary Mcgrane

Premiere Property Group, LLC License #200202129 Listed on: 04/06/2019

Premiere Property Group, LLC

Last Buyer's Agent

Elliott Moore

Where Real Estate Collaborative License #201212712

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,449

Year Built

  • Built in 1978

Lot Details

  • 8,233

Parking

  • Open Parking

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Kelly Elementary School
  • David Douglas High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R215647

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $23,803
  • Gross Income $53,220
  • Net Operating Income $26,756

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,449

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1978
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Kelly
  • High School: David Douglas

Lot Info

  • Zoning: CM3
  • Parcel #: R215647

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 7448.89

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.71
  • Annual Gross Income: 53220.0
  • Property Net Operating Income: 26756.0
  • Annual Operating Expense: 23803.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 14, 2019
Sold by
Spratt Shayne Castor and Devoreh Spratt Shayne
Bought by
Khamphilavong Sam and Khamphilavong Malai Hongthong
Seller's Agent
Mary Mcgrane
Premiere Property Group, LLC
Buyer's Agent
Elliott Moore
Where Real Estate Collaborative
List Price
$570,000
Sold Price
$572,500
Premium/Discount to List
$2,500
0.44%
Current Estimated Value
$684,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,597
Avg. Annual Appreciation
2.52%
Original Mortgage
$427,104
Outstanding Balance
$377,901
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$290,992

Purchase Details

Closed on
Mar 30, 2004
Sold by
Frie Daryl L
Bought by
Devoreh Spratt Shayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Krantz Melissa
Bought by
Frie Daryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Khamphilavong Sam $569,473 First American
Devoreh Spratt Shayne $325,000 Lawyers Title Ins
Frie Daryl $280,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khamphilavong Sam $427,104
Previous Owner Devoreh Spratt Shayne $304,000
Previous Owner Devoreh Spratt Shayne $321,500
Previous Owner Devoreh Spratt Shayne $260,000
Previous Owner Frie Daryl $224,000
Closed Frie Daryl $28,000
Closed Devoreh Spratt Shayne $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $572,500 +0.4% $172 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $570,000 -- $171 / 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 $9,422 $355,560 $0 $0
2022 $9,218 $345,210 $0 $0
2021 $9,062 $335,160 $0 $0
2020 $8,313 $325,400 $0 $0
2019 $8,008 $315,930 $0 $0
2018 $7,772 $306,730 $0 $0
2017 $7,449 $297,800 $0 $0
2016 $6,817 $289,130 $0 $0
2015 $5,775 $280,710 $0 $0
2014 $4,902 $272,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Mcgrane

    Seller's Agent in 2019

    Mary Mcgrane

    Premiere Property Group, LLC

    (503) 997-7864

    1 in this area

    74 Total Sales

    Section Image
  • Elliott Moore

    Buyer's Agent in 2019

    Elliott Moore

    Where Real Estate Collaborative

    (503) 320-6582

    47 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19375486

Regional Multiple Listing Service (RMLS)

APN: R215647

Oregon Multnomah County Portland 97266 Lents

9801 SE Foster Rd Unit 9807, Portland, OR

This home is located at 9801 SE Foster Rd Unit 9807, Portland, OR 97266 since 06 April 2019 and is currently estimated at $686,028, approximately $206 per square foot. This property was built in 1978. 9801 SE Foster Rd Unit 9807 is a home located in Multnomah County with nearby schools including Lent K-5, Franklin High School, and Grace Lutheran School.

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