NOT LISTED FOR SALE

Milwaukie, OR 97267

North Clackamas Neighborhood

Estimated Value: $556,000 - $660,000

8 Beds
3.5 Baths
2,215 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $735,000 $332 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $3,591/month

79 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Living Room
  • Territorial View
  • Covered Deck
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

This is an investment property. The sale includes real estate ONLY. It has a great return on investment. 10.25 % CAP rate. The property leases for the next 3 years.

Last Agent to Sell the Property

Cornell Mann

Great Western Real Estate Co License #911000262 Listed on: 08/03/2022

Co-Listed By

Cris Marin

Great Western Real Estate Co License #931200312

Last Buyer's Agent

Jessica Corcoran

ELEETE Real Estate License #201212711

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 9,147 Sq Ft Lot
  • Level Lot
  • Property is zoned R10

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,215 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Territorial Views
  • Crawl Space
  • Free-Standing Range

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Covered Deck

Schools

  • Bilquist Elementary School
  • Alder Creek Middle School
  • Putnam High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00458338

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,052

Year Built

Built in 1983 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1983
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 3.1
  • Interior Amenities: LaminateFlooring
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Main
  • Room 5 Description: _5thBedroom
  • Room 5 Level: Main
  • Room 6 Description: _6thBedroom
  • Room 6 Level: Main
  • Basement: CrawlSpace
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Main Level Full Bathrooms: 3
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 3.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Room 11 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: VinylSiding
  • Exterior Features: CoveredDeck
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Bilquist
  • High School: Putnam
  • Middle Or Junior School: Alder Creek

Lot Info

  • Zoning: R10
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147.0
  • Parcel #: 00458338

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4052.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Mar 20, 2023
Sold by
Achamyeleh Gamachis
Bought by
Celtic Living Llc
Seller's Agent
Cornell Mann
Great Western Real Estate Co
Buyer's Agent
Jessica Corcoran
ELEETE Real Estate
List Price
$799,900
Sold Price
$735,000
Premium/Discount to List
-$64,900
-8.11%
Views
14
Current Estimated Value
$598,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$136,993
Avg. Annual Appreciation
-7.74%

Purchase Details

Closed on
Sep 11, 2021
Sold by
Libase Misrak
Bought by
Achamyeleh Gamachis and Achamyeleh Bilisuma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Outstanding Balance
$396,135
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$201,872

Purchase Details

Closed on
Nov 21, 2016
Sold by
Wallace Daniel V and Wallace Sherry A
Bought by
Achamyeleh Gamachis and Libase Misrak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2009
Sold by
Wallace Daniel V
Bought by
Wallace Daniel and Luker Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 1998
Sold by
Wilson Nancy J
Bought by
Wallace Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,580
Interest Rate
6.92%
Mortgage Type
VA
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
Celtic Living Llc $2,450 Wfg Title
Achamyeleh Gamachis -- Lawyers Title Of Oregon Llc
Achamyeleh Gamachis $350,000 Fidelity Natl Title Of Or
Wallace Daniel -- First American Title Insuran
Wallace Daniel $133,700 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Achamyeleh Gamachis $436,000
Previous Owner Achamyeleh Gamachis $343,660
Previous Owner Wallace Daniel $208,000
Previous Owner Wallace Daniel $131,580
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2023 03/20/23 Sold $735,000 -8.1% $332 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $799,900 -- $361 / 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 $5,050 $269,694 -- --
2023 $5,050 $261,839 $0 $0
2022 $4,207 $230,460 $0 $0
2021 $4,052 $223,748 $0 $0
2020 $3,922 $217,232 $0 $0
2019 $3,865 $210,905 $0 $0
2018 $3,378 $204,762 $0 $0
2017 $3,473 $198,798 $0 $0
2016 $3,149 $193,008 $0 $0
2015 $3,058 $187,386 $0 $0
2014 $2,891 $181,928 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cornell Mann

    Seller's Agent in 2023

    Cornell Mann

    Great Western Real Estate Co

    (503) 305-8971

    1 in this area

    106 Total Sales

    Cornell Mann
    Section Image
  • Cris Marin

    Seller Co-Listing Agent in 2023

    Cris Marin

    Great Western Real Estate Co

    (503) 816-9493

    1 in this area

    78 Total Sales

    Cris Marin
    Section Image
  • Jessica Corcoran

    Buyer's Agent in 2023

    Jessica Corcoran

    ELEETE Real Estate

    (503) 953-3947

    1 in this area

    112 Total Sales

    Jessica Corcoran
    Section Image
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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22015455

Regional Multiple Listing Service (RMLS)

APN: 00458338

Oregon Clackamas County Milwaukie 97267

North Clackamas

This home since 03 August 2022 and is currently estimated at $598,007, approximately $269 per square foot. This property was built in 1983. This home is a home located in Clackamas County with nearby schools including Bilquist Elementary School, Alder Creek Middle School, and Rex Putnam High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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