NOT LISTED FOR SALE

Estimated Value: $688,000 - $717,000

5 Beds
3 Baths
2,259 Sq Ft
$310/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $522,500 $231 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,534/month

245 Days on Market

Highlights

  • Deck
  • Fireplace
  • Storage
  • Wood Flooring
  • Views
  • Washer and Dryer

About This Home

As of February 2016

Quietly tucked into a peaceful West Portland neighborhood, this triplex includes two 1 bed / 1 bath units and one 2 bed / 1 bath unit. Garages bring in $150 of additional monthly rent. Each unit has access to off-street parking, plus the property features 2 rentable garages and 8 total parking spots. Located less than 1/4 mile from bus lines with an easy commute to PCC, shopping, and downtown. Seller is open to seller financing with interest-only payments—a great opportunity for flexible financing and long-term income potential.

Last Agent to Sell the Property

Mark Didier

Oregon First License #200201167 Listed on: 06/12/2015

Last Buyer's Agent

Cynthia Lindsey

Wise Move Real Estate License #200404191

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,943

Year Built

  • Built in 1941

Lot Details

  • 8,799

Parking

  • Assigned Parking

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage
  • Washer and Dryer
  • Wood Flooring
  • Range
  • Property Views

Additional Features

  • Deck
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,943

Year Built

Built in 1941

Lot Details

0

Parking

8

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2259
  • Stories: 2
  • Year Built: 1941
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: WEST PORTLAND PK, BLOCK 22, LOT 18-20 TL 5503
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Man Made
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Assigned

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Unit Features: Deck, Fireplace, Hardwood Floors, Range, Refrigerator, Storage, Washer/Dryer

Schools

  • Elementary School: Markham
  • Middle School: Jackson
  • High School: Wilson

Lot Info

  • Zoning: R-2

Tax Info

  • Tax Amount: 5300.07
  • Assessor Parcel Number: R572081

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.38

MLS Schools

  • Elementary School: Markham
  • High School: Wilson
  • Middle School: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Feb 24, 2016
Sold by
Sideras David P
Bought by
Quade Johanna D and Johanna D Quade Trust
Seller's Agent
Mark Didier
Oregon First
Buyer's Agent
Cynthia Lindsey
Wise Move Real Estate
List Price
$549,000
Sold Price
$522,500
Premium/Discount to List
-$26,500
-4.83%
Current Estimated Value
$701,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,754
Avg. Annual Appreciation
3.19%

Purchase Details

Closed on
May 18, 2012
Sold by
Sideras David P and Sideras Albina R
Bought by
Sideras Construction Lending Inc

Purchase Details

Closed on
Mar 1, 2008
Sold by
Sideras Construction Lending Inc
Bought by
Sideras David P and Sideras Albina R

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
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2005
Sold by
Sideras David P
Bought by
Sideras David P and Sideras Albina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.58%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 15, 2005
Sold by
Sideras David P and Sideras Albina R
Bought by
Sideras Construction Lending Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.58%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 10, 2005
Sold by
Harutunian Richard H
Bought by
Sideras David P and Sideras Albina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
Harutunian Richard
Bought by
Hartunian Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2001
Sold by
Schultz Curt
Bought by
Harutunian Richard and Harutunian Gertrud Ani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.11%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Quade Johanna D $522,500 Fidelity Natl Title Co Of Or
Sideras Construction Lending Inc -- None Available
Sideras David P -- Pacific Nw Title
Sideras David P -- Pacific Nw Title
Sideras Construction Lending Inc -- --
Sideras David P $293,000 Transnation Title Agency Or
Hartunian Richard H -- Pacific Nw Title
Harutunian Richard $168,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sideras David P $208,650
Previous Owner Sideras David P $200,000
Previous Owner Sideras David P $238,000
Previous Owner Sideras David P $120,000
Previous Owner Harutunian Richard H $219,500
Previous Owner Hartunian Richard H $181,000
Previous Owner Harutunian Richard $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Price Changed $710,000 -2.1% $314 / Sq Ft
04/03/2025 04/03/25 For Sale $725,000 +38.8% $321 / Sq Ft
02/26/2016 02/26/16 Sold $522,500 -4.8% $231 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
06/12/2015 06/12/15 For Sale $549,000 -- $243 / 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 $7,943 $288,520 $0 $0
2022 $7,473 $280,120 $0 $0
2021 $7,347 $271,970 $0 $0
2020 $6,739 $264,050 $0 $0
2019 $6,491 $256,360 $0 $0
2018 $6,300 $248,900 $0 $0
2017 $6,039 $241,660 $0 $0
2016 $5,526 $234,630 $0 $0
2015 $5,381 $227,800 $0 $0
2014 $5,300 $221,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15439114

Regional Multiple Listing Service (RMLS)

APN: R572081