$428,000
SOLD AUG 1, 2024

11821 SE Pine St Unit 11825 Portland, OR 97216

Hazelwood Neighborhood
-- Bed
-- Bath
1,650 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$259 Per Sq Ft

5% Below List Price

118 Days on Market

About This Home

As of August 2024

Multi family living in the well kept home. Downstairs is a one bedroom apartment with separate access and separate utilities.Upstairs unit is a two bed unit that is tenant occupied on a month to month lease. There are two covered parking spaces. Both units have newer flooring and are in great condition. This is the perfect multi-generational living, or owner occupied rental.

Last Agent to Sell the Property

Michelle Palmquist

Redfin License #201213366

Redfin

Last Buyer's Agent

Tim Kaelin

Coldwell Banker Professional License #201245456

Coldwell Banker Professional

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,417

Year Built

  • Built in 2005

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Natural lighting in basement

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R539643

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Ventura Park Subdivision

Building Details

  • Operating Expense $10,000
  • Gross Income $30,800
  • Net Operating Income $20,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,417

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 2005
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Finished
  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport, Covered
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallHeater, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Zoning: R1
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178.0
  • Parcel #: R539643

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5417.38

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.64
  • Annual Gross Income: 30800.0
  • Property Net Operating Income: 20800.0
  • Annual Operating Expense: 10000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Jul 25, 2024
Sold by
Burton Richard
Bought by
Boncorddo Katriana Marie
Seller's Agent
Michelle Palmquist
Redfin
Buyer's Agent
Tim Kaelin
Coldwell Banker Professional
List Price
$450,000
Sold Price
$428,000
Premium/Discount to List
-$22,000
-4.89%
Total Days on Market
118
Views
133
Current Estimated Value
$428,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715
Avg. Annual Appreciation
0.21%
Original Mortgage
$420,247
Outstanding Balance
$417,362
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$11,353

Purchase Details

Listed on
Feb 2, 2016
Closed on
Mar 21, 2016
Sold by
Patterson Sterling Allen E
Bought by
Burton Richard
Seller's Agent
Craig Reger
Reger Homes, LLC
Buyer's Agent
Morgan Davis
Keller Williams PDX Central
List Price
$250,000
Sold Price
$280,000
Premium/Discount to List
$30,000
12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$274,928
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2004
Sold by
Glc Homes Inc
Bought by
Patterson I Allen E and Sterling Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,130
Interest Rate
7.25%
Mortgage Type
New Conventional

Map

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 Type Sale Price Title Company
Warranty Deed $428,000 Ticor Title
Warranty Deed $280,000 Lawyers Title
Warranty Deed $206,135 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,247 FHA
Previous Owner $274,928 FHA
Previous Owner $23,000 Unknown
Previous Owner $164,900 Unknown
Previous Owner $20,600 Credit Line Revolving
Previous Owner $206,130 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $428,000 +1.9% $259 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $420,000 -1.2% $255 / Sq Ft
05/09/2024 05/09/24 Price Changed $425,000 -5.6% $258 / Sq Ft
03/01/2024 03/01/24 For Sale $450,000 +60.7% $273 / Sq Ft
03/24/2016 03/24/16 Sold $280,000 +12.0% $170 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $250,000 -- $152 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $5,417 $231,430 $0 $0
2022 $5,156 $224,690 $0 $0
2021 $4,863 $218,150 $0 $0
2020 $4,479 $211,800 $0 $0
2019 $4,432 $205,640 $0 $0
2018 $4,268 $199,660 $0 $0
2017 $3,913 $193,850 $0 $0
2016 $3,543 $188,210 $0 $0
2015 $3,402 $182,730 $0 $0
2014 $3,345 $177,410 $0 $0
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24052953

Regional Multiple Listing Service (RMLS)

APN: R539643

Oregon Multnomah County Portland 97216 Hazelwood

11821 SE Pine St Unit 11825, Portland, OR

Homes for Sale in Portland, OR

This home is located at 11821 SE Pine St Unit 11825, Portland, OR 97216 and is currently priced at $428,000, approximately $259 per square foot. This property was built in 2005. 11821 SE Pine St Unit 11825 is a home located in Multnomah County with nearby schools including Ventura Park Elementary School, Floyd Light Middle School, and David Douglas High School.

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