Zip Code
18051 SE Highway 212, Damascus, OR 97089
3 beds · 1 bath · 2,294 sq ft · Lot: 18,295 sq ft · Single Family Home · Last Sold: $280K in 2020 · Built: 1923
Est. Value:
$511K
Est. Rent:
$3.5K/month

18051 SE Highway 212 Damascus, OR 97089

3 beds · 1 bath · 2,294 sq ft · Lot Size: 18,295 sq ft · Single Family Home
Est. Property Value: $510,758

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

18051 SE Highway 212 is in the 97089 neighborhood of Damascus, OR. It is located in Clackamas County and ZIP code 97089. This Single Family Home was built in 1923 and is approximately 102 years old. The single family home spans 2294 sq ft with 3 bedrooms and 1 bathroom and sits on a 18295 sq ft lot. According to public records, it was last sold in 2020 for $280,000 and has a tax-assessed value of $351,536, which is $223 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 18051 SE Highway 212 Damascus, OR 97089 with Property Intel by Whitepages.

Investment Potential for 18051 SE Highway 212

The property has a current estimated value of $510,758, which is 10% below the zip median, based on public records. It last sold on August 18, 2020 for $280K. Projected long-term
is $41,400 annually ($3,450 per month) with a 95% occupancy rate.

Discover more Single Family Homes in 97089.

Long-Term

Gross Rental
$41,400 per year($3,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 97089 zip code
 
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Owners & Occupancy for 18051 SE Highway 212

No contact information is available.

Occupancy

Resident 1******************* age 48
Resident 2**************
Resident 3***************** age 48
Resident 4****************** age 71

Property Details for 18051 SE Highway 212

Property Details

Property Sq Ft

Living Area

2,294 sq ft

15% above market

Lot Size

18,295 sq ft

44% below market

Price Per Sq Ft

Living Area

$223 / sq ft

14% below market

Lot Size Area

$28 / sq ft

50% above market

Property condition, age, exterior, etc. for 18051 SE H…
Longitude: -122.476753 Latitude: 45.410777 Parcel Number (APN): 00614384…
Mortgage originated on through lender: Mortgage Express Llc for$******View Mortgage Details
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Discover more single family homes near 18051 SE Highway 212 in Damascus, Oregon. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 18051 SE Highway 212 in Clackamas County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$510,758
$395,925
$114,833 (29%)
$472,739
$94,891 (20%)
YoY Price Change
1.13%
-127%
Year Built
1923
1980
-57 years
Living Space
2,294 sq ft
1,594 sq ft
700 (44%)
$ Per Living Sq Ft
$223
$252
-$29 (-12%)
Lot Size
18,295 sq ft
8,438 sq ft
9857 (117%)
$ Per Lot Sq Ft
$28
$50
-$22 (-44%)

Net Operating Income
$22,839
$6,005 (26%)
Annual Revenue
$41,400
$33,600
$7,800 (23%)
$10,735
$1,821 (17%)
Net Operating Income
$22,839
$6,005 (26%)
Cap Rate
5.51%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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