NOT LISTED FOR SALE

10640 NE Beech St Portland, OR 97220

Parkrose Neighborhood

Estimated Value: $520,000 - $690,774

5 Beds
2 Baths
2,540 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $506,000 $199 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,859/month

29 Days on Market

About This Home

As of May 2020

DON'T MISS THIS DEVELOPMENT OPPORTUNITY. ZONED R7 2 homes on 1, almost full acre. House 1 is 2bed/1ba approx 1040 sf with partial unfinished basement, 2 is 3bed/1ba with garage approx 1490SF. Both are rented. Please do not disturb tenants. Two solid rentals with development potential! Both units are occupied MUST HAVE AT LEAST 24 HOURS NOTICE TO SHOW.

Last Agent to Sell the Property

Julie Fugate

The Fugate Group Inc License #200501084 Listed on: 02/04/2020

Last Buyer's Agent

Keith Nguyen

MORE Realty License #200509141

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,857

Year Built

  • Built in 1914

Lot Details

  • 0.9

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Dishwasher
  • Level Lot

Community Details

  • 2 Units
  • Property managed by Streetwise Property Management

Listing and Financial Details

  • Rent includes trash collection, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,857

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2540
  • Year Built: 1914
  • Remarks Public: DON'T MISS THIS DEVELOPMENT OPPORTUNITY. ZONED R7 2 homes on 1, almost full acre. House 1 is 2bed/1ba approx 1040 sf with partial unfinished basement, 2 is 3bed/1ba with garage approx 1490SF. Both are rented. Please do not disturb tenants. Two solid rentals with development potential! Both units are occupied MUST HAVE AT LEAST 24 HOURS NOTICE TO SHOW.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PARKROSE & RPLT, BLOCK 55, LOT A

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Management Name: Streetwise Property Management
  • Management Phone: 971-389-1266
  • Unit Features: Dishwasher, Refrigerator

Schools

  • Elementary School: Prescott
  • Middle School: Parkrose
  • High School: Parkrose

Lot Info

  • Lot Description: Level
  • Zoning: R7
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Maintenance Grounds

Tax Info

  • Tax Amount: 5379.44
  • Assessor Parcel Number: R235513
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.54

MLS Schools

  • Elementary School: Prescott
  • High School: Parkrose
  • Middle School: Parkrose

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2020
Sold by
Resare Michael C and Resare Joyce M
Bought by
Kre Properties Llc
Current Estimated Value
$622,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,700
Interest Rate
3.3%
Mortgage Type
Commercial
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
Kre Properties Llc $506,000 Fidelity National Ttl Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kre Properties Llc $500,000
Previous Owner Kre Properties Llc $474,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $506,000 -3.6% $199 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $525,000 -- $207 / 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 $6,857 $303,280 -- --
2023 $6,576 $294,450 $0 $0
2022 $6,447 $285,880 $0 $0
2021 $6,339 $277,560 $0 $0
2020 $5,885 $269,480 $0 $0
2019 $5,569 $261,640 $0 $0
2018 $5,379 $254,020 $0 $0
2017 $5,184 $246,630 $0 $0
2016 $5,003 $239,450 $0 $0
2015 $4,907 $232,480 $0 $0
2014 $4,804 $225,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Julie Fugate

    The Fugate Group Inc

    Section Image

  • K

    Buyer's Agent in 2020

    Keith Nguyen

    MORE Realty

    (503) 810-5996

    1 in this area

    14 Total Sales

    Keith Nguyen
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20473698

Regional Multiple Listing Service (RMLS)

APN: R235513

Oregon Multnomah County Portland 97220 Parkrose

10640 NE Beech St, Portland, OR

This home is located at 10640 NE Beech St, Portland, OR 97220 since 04 February 2020 and is currently estimated at $622,694, approximately $245 per square foot. This property was built in 1914. 10640 NE Beech St is a home located in Multnomah County with nearby schools including Prescott Elementary School, Parkrose Middle School, and Parkrose 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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