NOT LISTED FOR SALE

1202 SE Sherrett St Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $603,000 - $663,211

3 Beds
2 Baths
2,114 Sq Ft
$294/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $585,000 $277 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,688/month

10 Days on Market

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating System
  • Lap Siding
  • Duniway Elementary School Rated 9+
  • Level Lot

About This Home

As of January 2024

Hot investment property in the heart of Sellwood is just around the corner from all the great foodie spots, shopping, antiquing, and New Seasons right out your front door. Lots of great outdoor spaces in the neighborhood just minutes from Sellwood Riverfront Park, Oaks Park, and Waverly Country Club. This duplex includes 2 units with a shared secure entrance. The main floor unit is a 2 bedroom / 1 bath and the upstairs unit is a 1 bed / 1 bath with gas cooking and oozing charm! Great driveway space leading to an oversized detached garage and a fully fenced backyard. Super easy commute to downtown, with a Walk Score of 92 and a Bike Score of 99. Feeds to Duniway, Sellwood, and Cleveland schools. Both units are vacant and move-in ready and perfect for an owner-occupied investment property!

Last Agent to Sell the Property

Jennye Helzer

Real Broker Brokerage Email: kwppbroker@gmail.com License #201104130 Listed on: 12/14/2023

Last Buyer's Agent

Ilyse Ball

Oregon First License #200602381

Oregon First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,322

Year Built

  • Built in 1910

Lot Details

  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Block Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,114 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Partial Basement
  • Crawl Space
  • Basement Storage

Schools

  • Duniway Elementary School
  • Sellwood Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R267135

Community Details

Overview

  • 2 Units
  • Sellwood Subdivision

Building Details

  • Operating Expense $7,592

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,322

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1910
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, PartialBasement, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Block
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Detached, Garage
  • Attached Garage: No
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Neighborhood Features: Food, Shopping, Parks, & River Access

Schools

  • Elementary School: Duniway
  • High School: Cleveland
  • Middle Or Junior School: Sellwood

Lot Info

  • Zoning: R5
  • Parcel #: R267135

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4321.68

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Annual Operating Expense: 7592.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Jan 25, 2024
Sold by
Benson Heather and Benson Christopher
Bought by
Cassidy Michael R and Cassidy Katherine M
Seller's Agent
Jennye Helzer
Real Broker
Buyer's Agent
Ilyse Ball
Oregon First
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%
Views
23
Current Estimated Value
$622,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,303
Avg. Annual Appreciation
3.70%
Original Mortgage
$535,713
Outstanding Balance
$526,833
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$95,470

Purchase Details

Closed on
Apr 13, 2012
Sold by
Simon Andrew G
Bought by
Benson Heather and Benson Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2006
Sold by
Armes Brook C
Bought by
Simon Andrew G and Jagger Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2004
Sold by
Armes Johnd
Bought by
Armes Brook C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 30, 1995
Sold by
Caruso Samuel J A
Bought by
Armes Brook Christine and Armes John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,450
Interest Rate
7.59%
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
Cassidy Michael R $585,000 Old Republic National Title
Benson Heather $260,000 Fidelity Natl Title Co Of Or
Simon Andrew G $390,000 Ticor Title Insurance Compan
Armes Brook C -- Ticor Title
Armes Brook Christine $131,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassidy Michael R $535,713
Previous Owner Benson Heather $208,000
Previous Owner Simon Andrew G $312,000
Previous Owner Armes Brook C $155,000
Previous Owner Armes Brook Christine $86,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $585,000 -1.7% $277 / Sq Ft
12/25/2023 12/25/23 Pending -- -- --
12/14/2023 12/14/23 For Sale $595,000 -- $281 / 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 $4,494 $167,980 -- --
2023 $4,322 $163,090 $0 $0
2022 $4,228 $158,340 $0 $0
2021 $4,156 $153,730 $0 $0
2020 $3,813 $149,260 $0 $0
2019 $3,673 $144,920 $0 $0
2018 $3,565 $140,700 $0 $0
2017 $3,417 $136,610 $0 $0
2016 $3,127 $132,640 $0 $0
2015 $3,045 $128,780 $0 $0
2014 $2,999 $125,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennye Helzer

    Seller's Agent in 2024

    Jennye Helzer

    Real Broker

    (503) 962-9667

    1 in this area

    122 Total Sales

    Jennye Helzer
    Section Image
  • Ilyse Ball

    Buyer's Agent in 2024

    Ilyse Ball

    Oregon First

    (503) 481-4009

    9 in this area

    102 Total Sales

    Ilyse Ball
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23054317

Regional Multiple Listing Service (RMLS)

APN: R267135

Oregon Multnomah County Portland 97202 Sellwood

1202 SE Sherrett St, Portland, OR

This home is located at 1202 SE Sherrett St, Portland, OR 97202 since 14 December 2023 and is currently estimated at $622,303, approximately $294 per square foot. This property was built in 1910. 1202 SE Sherrett St is a home located in Multnomah County with nearby schools including Duniway Elementary School, Sellwood Middle School, and Cleveland 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.

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