M
Seller's Agent in 2024
Michelle Palmquist
Redfin
11821 SE Pine St Unit 11825 Portland, OR 97216
Hazelwood Neighborhood
--
Bed
--
Bath
1,650
Sq Ft
2,178
Sq Ft Lot
Highlights
- View of Trees or Woods
- Zoned Heating
- Level Lot
- 2 Car Detached Garage
- Property is near a bus stop
- 2-minute walk to Ventura Park
About This Home
As of August 2024Unbeatable investment opportunity in booming SE Portland! Great bones, and needs cosmetic fixes. Blocks from schools, shops, and restaurants, and minutes to I-205, this duplex is a perfect opportunity for an investor/flipper who wants steady income in a hot Portland rental market! Showings subject to accepted offer, as-is sale - Seller to do no repairs. DO NOT DISTURB TENANT! $90/MO HOA dues, water $335/QTR paid by owner.
Last Agent to Sell the Property
Reger Homes, LLC License #970300201 Listed on: 02/02/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,402
Year Built
- Built in 2005
Parking
- 2 Car Detached Garage
- Carport
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,650 Sq Ft Home
- 3-Story Property
- Views of Woods
- Natural lighting in basement
- Security Lights
Schools
- Ventura Park Elementary School
- Floyd Light Middle School
- David Douglas High School
Utilities
- No Cooling
- Zoned Heating
- Electric Water Heater
Additional Features
- Level Lot
- Property is near a bus stop
Listing and Financial Details
- Rent includes water
- Assessor Parcel Number R539643
Community Details
Overview
- 2 Units
- Russellville Subdivision
Building Details
- Operating Expense $5,720
- Gross Income $20,400
- Net Operating Income $14,680
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%
Views
133
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,141
Avg. Annual Appreciation
0.72%
Original Mortgage
$420,247
Outstanding Balance
$417,362
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$13,779
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 Compared to Growth
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
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Tim Kaelin
Coldwell Banker Professional
(541) 285-6080
1 in this area
105 Total Sales
-
Seller's Agent in 2016
Craig Reger
Reger Homes, LLC
(971) 808-8539
2 in this area
204 Total Sales
-
Seller Co-Listing Agent in 2016
Jim Cavanaugh
Keller Williams Sunset Corridor
(503) 730-8758
89 Total Sales
-
Buyer's Agent in 2016
Morgan Davis
Keller Williams PDX Central
(503) 548-4848
4 in this area
546 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 16361004
APN: R539643
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.
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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