NOT LISTED FOR SALE

14808 E Burnside St Unit 14932 Portland, OR 97233

Glenfair Neighborhood

Estimated Value: $1,816,000 - $2,097,142

6 Beds
4 Baths
12,395 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 07, 2017

Last sale price $1,475,000 $119 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $12,377/month

77 Days on Market

About This Home

As of September 2017

The Greenfaire Court Apartments are a 13 unit community located on the TriMet MAX light rail line on the corner of 148th Avenue and East Burnside Street in Portland, Oregon. This 1965-built property features a mix of studio, one, two, and three bedroom units. Each unit has washer/dryer hookups, hardwood floors in the bedrooms, private fenced patios with security doors, and individual storage units.

Last Agent to Sell the Property

Joseph Chaplik

Joseph Bernard LLC License #200411049 Listed on: 03/22/2017

Last Buyer's Agent

Joseph Chaplik

Joseph Bernard LLC License #200411049 Listed on: 03/22/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,593

Year Built

  • Built in 1965

Lot Details

  • 0.66

Interior Spaces

  • 1-Story Property

Community Details

  • 13 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,593

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 12395
  • Stories: 1
  • Year Built: 1965
  • Remarks Public: The Greenfaire Court Apartments are a 13 unit community located on the TriMet MAX light rail line on the corner of 148th Avenue and East Burnside Street in Portland, Oregon. This 1965-built property features a mix of studio, one, two, and three bedroom units. Each unit has washer/dryer hookups, hardwood floors in the bedrooms, private fenced patios with security doors, and individual storage units.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ASCOT AC, LOT 245&246 TL 4500

Exterior Features

  • Lot Size: 20 to 49.99 Acres

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Association/Amenities

  • Amenities Supplement: No

Lot Info

  • Zoning: RH
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 14229.27
  • Assessor Parcel Number: R109799

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 13
  • Gross Rent Multiplier: 10.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Sep 1, 2017
Sold by
Lee Michael
Bought by
Greenfaire Apartments Inc
Seller's Agent
Joseph Chaplik
Joseph Bernard LLC
Buyer's Agent
Joseph Chaplik
Joseph Bernard LLC
List Price
$1,650,000
Sold Price
$1,475,000
Premium/Discount to List
-$175,000
-10.61%
Current Estimated Value
$1,956,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,571
Avg. Annual Appreciation
3.29%
Original Mortgage
$1,180,000
Outstanding Balance
$328,805
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,580,237

Purchase Details

Closed on
Feb 23, 2015
Sold by
Nilles Properties Llc
Bought by
Lee Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 8, 2012
Closed on
Oct 2, 2012
Sold by
Green Berniece
Bought by
Nilles Properties Llc
Seller's Agent
Phillip Barry
Joseph Bernard LLC
Buyer's Agent
Bernard Gehret
Joseph Bernard LLC
List Price
$880,000
Sold Price
$827,000
Premium/Discount to List
-$53,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$620,000
Interest Rate
3.63%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Greenfaire Apartments Inc $1,475,000 Wfg Title
Lee Michael $1,040,000 Wfg Title
Nilles Properties Llc $827,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenfaire Apartments Inc $1,180,000
Previous Owner Lee Michael $714,000
Previous Owner Nilles Properties Llc $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2017 09/07/17 Sold $1,475,000 -10.6% $119 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $1,650,000 +99.5% $133 / Sq Ft
10/03/2012 10/03/12 Sold $827,000 -6.0% $67 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $880,000 -- $71 / 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 $20,593 $909,780 $0 $0
2022 $20,282 $883,290 $0 $0
2021 $18,237 $781,310 $0 $0
2020 $16,462 $758,560 $0 $0
2019 $15,624 $736,470 $0 $0
2018 $15,479 $715,020 $0 $0
2017 $14,928 $694,200 $0 $0
2016 $14,229 $673,990 $0 $0
2015 $13,846 $654,360 $0 $0
2014 $13,031 $635,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joseph Chaplik

    Joseph Bernard LLC

  • P

    Seller's Agent in 2012

    Phillip Barry

    Joseph Bernard LLC

  • B

    Buyer's Agent in 2012

    Bernard Gehret

    Joseph Bernard LLC

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17096978

Regional Multiple Listing Service (RMLS)

APN: R109799

Oregon Multnomah County Portland 97230 Glenfair

14808 E Burnside St Unit 14932, Portland, OR

This home is located at 14808 E Burnside St Unit 14932, Portland, OR 97233 since 22 March 2017 and is currently estimated at $1,956,571, approximately $157 per square foot. This property was built in 1965. 14808 E Burnside St Unit 14932 is a home located in Multnomah County with nearby schools including Glenfair Elementary School, Hauton B Lee Middle School, and Reynolds High School.

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