$755,000
SOLD OCT 14, 2021

11018 E Burnside St Unit 11032 Portland, OR 97216

Hazelwood Neighborhood
8 Beds
4 Baths
3,288 Sq Ft
0.33 Acres

Recently Sold

$230 Per Sq Ft

5% Below List Price

121 Days on Market

Highlights

  • Level Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of October 2021

4-plex on mass transit line - oversize lot with potential to add additional units. Excellent rental history - new roof added on late 2019. Each 822 sq. ft unit has 2 bedrooms, 1 bath - equipped with stove, fridge, hookups for Washer & Dryer, Disposal. Fenced with lockable gates. Financial documents for the last three years available upon request through your favorite Realtor.

Last Agent to Sell the Property

Norman Rice

First Class Properties License #200001117 Listed on: 05/09/2021

Co-Listed By

Joseph Carter

First Class Properties License #900600049

Last Buyer's Agent

Peter Jameson

J Residential Properties License #200204424

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,614

Year Built

  • Built in 1964

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Security Lights

Kitchen

  • Dishwasher
  • Disposal

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,614

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 1
  • Year Built: 1964
  • Property Condition: Approximately
  • Remarks Public: 4-plex on mass transit line - oversize lot with potential to add additional units. Excellent rental history - new roof added on late 2019. Each 822 sq. ft unit has 2 bedrooms, 1 bath - equipped with stove, fridge, hookups for Washer & Dryer, Disposal. Fenced with lockable gates. Financial documents for the last three years available upon request through your favorite Realtor.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 34 1N 2E, TL 3300 0.33 ACRES
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Ventura Park
  • Middle School: Floyd Light
  • High School: David Douglas

Lot Info

  • Lot Description: Level, Light Rail
  • Zoning: R2

Rental Info

  • Rent Includes: Trash Collection, Maintenance Grounds

Tax Info

  • Tax Amount: 6958.82
  • Assessor Parcel Number: R320006
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.45

MLS Schools

  • Elementary School: Ventura Park
  • High School: David Douglas
  • Middle School: Floyd Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2012
Sold by
Owen Phillip E
Bought by
Priest Kelly William and Priest Velma Deleon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Outstanding Balance
$194,769
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$711,101

Purchase Details

Closed on
Nov 29, 2006
Sold by
Owen Phillip E
Bought by
Priest Kelly and Priest Velma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.37%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Ticor Title
Contract Of Sale $470,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $277,000 New Conventional
Previous Owner $262,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 For Sale $995,000 +31.8% --
10/14/2021 10/14/21 Sold $755,000 -5.0% $230 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $795,000 0.0% $242 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/09/2021 05/09/21 For Sale $795,000 -- $242 / 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 $8,614 $350,550 $0 $0
2022 $7,810 $340,340 $0 $0
2021 $7,681 $330,430 $0 $0
2020 $6,959 $320,810 $0 $0
2019 $6,737 $311,470 $0 $0
2018 $6,530 $302,400 $0 $0
2017 $6,289 $293,600 $0 $0
2016 $6,123 $285,050 $0 $0
2015 $5,789 $276,750 $0 $0
2014 $5,417 $268,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21531084

Regional Multiple Listing Service (RMLS)

APN: R320006