NOT LISTED FOR SALE

11950 SE Kelly St Unit 11952 Portland, OR 97266

Powellhurst-Gilbert Neighborhood

Estimated Value: $529,000 - $585,000

6 Beds
2 Baths
1,886 Sq Ft
$295/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $500,000 $265 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,400/month

6 Days on Market

Highlights

  • Parking Storage or Cabinetry
  • Level Lot
  • 1-Story Property
  • Garage

About This Home

As of April 2021

Great investment opportunity! Tenant occupied duplex in quit neighborhood. Laminate flooring throughout. Newer paint. Both units have private yards. Close to Kelly Butte Park, shopping and transit. New vinyl windows being installed. Tenants pay water and sewer which are separately metered. In 90 days rents will increase to $1,720 and $1,695.

Last Agent to Sell the Property

Andrew Finkle

Home & Hearth Realty Group License #201203748 Listed on: 03/14/2021

Co-Listed By

Paul Sheffield

Home & Hearth Realty Group License #201229283

Last Buyer's Agent

Rob Laird

eXp Realty, LLC License #201239960

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,628

Year Built

  • Built in 1982

Lot Details

  • Level Lot

Home Design

  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Parking Storage or Cabinetry

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,628

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1886
  • Stories: 1
  • Year Built: 1982
  • Property Condition: Existing
  • Remarks Public: Great investment opportunity! Tenant occupied duplex in quit neighborhood. Laminate flooring throughout. Newer paint. Both units have private yards. Close to Kelly Butte Park, shopping and transit. New vinyl windows being installed. Tenants pay water and sewer which are separately metered. In 90 days rents will increase to $1,720 and $1,695.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 10 1S 2E, TL 3100 0.31 ACRES
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

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

  • Unit Features: Dishwasher, Range, Washer/Dryer Hookup

Schools

  • Elementary School: W Powellhurst
  • Middle School: Alice Ott
  • High School: David Douglas

Lot Info

  • Lot Description: Level
  • Zoning: R5
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 8
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10189470
  • Green Verification HES Year: 2021

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4546.71
  • Assessor Parcel Number: R333986
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.20

MLS Schools

  • Elementary School: W Powellhurst
  • High School: David Douglas
  • Middle School: Alice Ott

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
Apr 3, 2021
Sold by
Ramen Real Estate Llc
Bought by
Milano Dominic and Milano Susan
Seller's Agent
Andrew Finkle
Home & Hearth Realty Group
Buyer's Agent
Rob Laird
eXp Realty, LLC
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$535,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,328
Avg. Annual Appreciation
2.49%

Purchase Details

Listed on
Mar 14, 2021
Closed on
Apr 1, 2021
Sold by
Ramen Real Estate Llc
Bought by
Milano Dominic and Milano Susan
Seller's Agent
Andrew Finkle
Home & Hearth Realty Group
Buyer's Agent
Rob Laird
eXp Realty, LLC
List Price
$500,000
Sold Price
$500,000

Purchase Details

Closed on
Jun 6, 2018
Sold by
Vantage Homes Llc
Bought by
Ramen Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.56%

Purchase Details

Closed on
Aug 30, 2015
Sold by
Ferrusca Jorge Arturo Duran
Bought by
Vantage Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,523
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2007
Sold by
Delos Reyes Aridai
Bought by
Ferrusca Jorge Arturo Duran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Trachuk Ivan
Bought by
Ferrusca Jorge Arturo Duran and Delosreyes Aridai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1999
Sold by
Cartmill Wade R
Bought by
Kobylinskiy Sergey and Trachuk Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,553
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 1996
Sold by
Cartmill Annette M
Bought by
Cartmill Wade R and Cartmill Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.11%
Mortgage Type
Purchase Money Mortgage
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
Milano Dominic $500,000 Wfg Title
Milano Dominic $500,000 Wfg Title
Ramen Real Estate Llc -- --
Vantage Homes Llc $3,300 None Available
Ferrusca Jorge Arturo Duran -- Accommodation
Ferrusca Jorge Arturo Duran $230,000 Transnation Title Agency Or
Kobylinskiy Sergey $172,000 Ticor Title
Cartmill Wade R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramen Real Estate Llc $215,000
Previous Owner Ramen Real Estate Llc --
Previous Owner Vantage Homes Llc $225,000
Previous Owner Vantage Homes Llc $115,005
Previous Owner Vantage Homes Llc $119,523
Previous Owner Ferrusca Jorge Arturo Duran $235,000
Previous Owner Ferrusca Jorge Arturo Duran $184,000
Previous Owner Kobylinskiy Sergey $170,553
Previous Owner Cartmill Wade R $112,500
Closed Ferrusca Jorge Arturo Duran $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $500,000 0.0% $265 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $500,000 -- $265 / 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 $5,628 $229,030 $0 $0
2022 $5,103 $222,360 $0 $0
2021 $5,019 $215,890 $0 $0
2020 $4,547 $209,610 $0 $0
2019 $4,402 $203,510 $0 $0
2018 $4,267 $197,590 $0 $0
2017 $4,109 $191,840 $0 $0
2016 $4,001 $186,260 $0 $0
2015 $3,905 $180,840 $0 $0
2014 $3,831 $175,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Finkle

    Seller's Agent in 2021

    Andrew Finkle

    Home & Hearth Realty Group

    (971) 404-5566

    4 in this area

    146 Total Sales

    Section Image

  • P

    Seller Co-Listing Agent in 2021

    Paul Sheffield

    Home & Hearth Realty Group

    (503) 929-0495

    1 in this area

    45 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    Rob Laird

    eXp Realty, LLC

    (408) 857-5022

    1 in this area

    20 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21012104

Regional Multiple Listing Service (RMLS)

APN: R333986

Oregon Multnomah County Portland 97266 Powellhurst-Gilbert

11950 SE Kelly St Unit 11952, Portland, OR

This home is located at 11950 SE Kelly St Unit 11952, Portland, OR 97266 since 14 March 2021 and is currently estimated at $555,824, approximately $294 per square foot. This property was built in 1982. 11950 SE Kelly St Unit 11952 is a home located in Multnomah County with nearby schools including Mill Park Elementary School, Ron Russell Middle School, and David Douglas High School.

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