NOT LISTED FOR SALE

Estimated Value: $918,000 - $1,176,545

7 Beds
4 Baths
3,200 Sq Ft
$323/Sq Ft Est. Value

Sale Details

Date Sold: August 7, 2017

Last sale price $1,050,000 $328 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,054 / mo

142 Days on Market

Highlights

  • Deck
  • Sunnyside Environmental School Rated 9+
  • Level Lot

About This Home

As of August 2017

Hard to find updated 4 plex in the heart of SE Portland. Functional floor plans and desirable location make this a long term high occupancy property. 3 of the 4 units have outdoor living space. Turn key investment.

Last Agent to Sell the Property

Jim Rostel

Orenco Realty License #200208062 Listed on: 01/30/2017

Last Buyer's Agent

Chelsea Ausland

Metro West Realty License #200506155

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 4,879

Kitchen

  • Dishwasher
  • Disposal

Additional Features

  • 2-Story Property
  • Deck
  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes water

Property Details

Home Type

Multi-Family

Year Built

Built in 1945 | Remodeled

Lot Details

4,879 Sq Ft Lot

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 2
  • Year Built: 1945
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PLEASANT HOME ADD, BLOCK 12, LOT 1

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Deck, Dishwasher, Disposal, Refrigerator

Lot Info

  • Lot Description: Level
  • Zoning: R2.5

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Amount: 6500.31
  • Assessor Parcel Number: R244742

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2017
Closed on
Aug 3, 2017
Sold by
Udg Ash Llc
Bought by
Wright Andrew
Seller's Agent
Jim Rostel
Orenco Realty
Buyer's Agent
Chelsea Ausland
Metro West Realty
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$974,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,988
Avg. Annual Appreciation
-0.18%
Original Mortgage
$783,750
Outstanding Balance
$651,343
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$382,793

Purchase Details

Closed on
Apr 7, 2017
Sold by
Udg Ash Llc
Bought by
Udg Ash Llc

Purchase Details

Closed on
Oct 30, 2015
Sold by
Kadri Investments Llc
Bought by
Udg 26Th & Ankeny Annex Llc

Purchase Details

Closed on
Jul 29, 1997
Sold by
Kkmh Properties Llc
Bought by
Kadri Salahuddin M and Kadri Betty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1997
Sold by
Kelly Kathleen
Bought by
Kkmh Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wright Andrew $1,045,000 Wfg Title
Udg Ash Llc -- Accommodation
Udg 26Th & Ankeny Annex Llc $650,000 Chicago Title
Kadri Salahuddin M $250,000 First American Title Ins Co
Kkmh Properties Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Andrew $783,750
Previous Owner Kadri Salahuddin M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2017 08/07/17 Sold $1,050,000 0.0% $328 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $1,050,000 -- $328 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $9,691 $359,670 -- --
2024 $9,343 $349,200 -- --
2023 $8,984 $339,030 $0 $0
2022 $8,789 $329,160 $0 $0
2021 $8,641 $319,580 $0 $0
2020 $7,927 $310,280 $0 $0
2019 $7,635 $301,250 $0 $0
2018 $7,411 $292,480 $0 $0
2017 $7,103 $283,970 $0 $0
2016 $6,500 $275,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17265988

Regional Multiple Listing Service (RMLS)

APN: R244742

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