NOT LISTED FOR SALE

1500 SE Glenwood St Unit 1502 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $627,000 - $748,000

3 Beds
2 Baths
1,680 Sq Ft
$397/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $630,000 $375 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,199/month

10 Days on Market

Highlights

  • 2 Fireplaces
  • Covered patio or porch
  • 1-Story Property
  • Llewellyn Elementary School Rated A-
  • Level Lot

About This Home

As of March 2021

Great Investment opportunity in the heart of Westmoreland. This duplex property includes a 2bed/1bath unit and a 1bed/1bath unit. Seconds away from restaurants, stores, and parks. This home is perfect for multi-generation, multi-family, or even as an investment property. Both units have wood burning fireplaces, in-unit laundry, mid-century vibes and a great flow!

Last Agent to Sell the Property

Todd Talcott

Windermere Realty Trust License #201212726 Listed on: 02/03/2021

Windermere Realty Trust

Co-Listed By

Sarah Lile

Element Realty LLC License #201239309

Last Buyer's Agent

Todd Talcott

Windermere Realty Trust License #201212726 Listed on: 02/03/2021

Windermere Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,493

Year Built

  • Built in 1962

Lot Details

  • Level Lot
  • Property is zoned RM1

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces

Parking

  • Driveway
  • On-Street Parking

Additional Features

  • Covered patio or porch
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,493

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 1 Story
  • Sq Ft Calculated: 1680
  • Sq Ft Approximate Total: 1680
  • Stories: 1
  • Year Built: 1962
  • Property Condition: Resale
  • Remarks Public: Great Investment opportunity in the heart of Westmoreland. This duplex property includes a 2bed/1bath unit and a 1bed/1bath unit. Seconds away from restaurants, stores, and parks. This home is perfect for multi-generation, multi-family, or even as an investment property. Both units have wood burning fireplaces, in-unit laundry, mid-century vibes and a great flow!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 2
  • Kitchen Appliances: Built-in Oven, Free-Standing Refrigerator
  • Legal Description: CITY VIEW PK ADD & NO 2, BLOCK 5, LOT 15
  • Sq Ft Main Level: 1680
  • Bedrooms: 3
  • Master Bedroom: On Level: Main,Dimensions: 14x11
  • Bedroom 2: On Level: Main,Dimensions: 13x11
  • Bedroom 3: On Level: Main,Dimensions: 9x11
  • Full Bathrooms: 2
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Covered Patio, Patio
  • Lot Size: 3K-4,999SF
  • Roof Type: Shingle
  • Foundation Details: Slab
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Schools

  • Elementary School: Llewellyn
  • Middle School: Sellwood
  • High School: Cleveland

Lot Info

  • Lot Description: Level
  • Acres: 0.11
  • Zoning: RM1

Rental Info

  • Rent Amount: 2200

Tax Info

  • Tax Amount: 4668.43
  • Assessor Parcel Number: R134500
  • Tax Year: 2019

MLS Schools

  • Elementary School: Llewellyn
  • High School: Cleveland
  • Middle School: Sellwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 10, 2021
Sold by
Arnason Susan
Bought by
Rollins Ryan and Rollins Katrina
Seller's Agent
Todd Talcott
Windermere Realty Trust
Buyer's Agent
Todd Talcott
Windermere Realty Trust
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Total Days on Market
10
Current Estimated Value
$666,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,429
Avg. Annual Appreciation
-0.41%
Original Mortgage
$472,500
Outstanding Balance
$430,246
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$189,001

Purchase Details

Closed on
Oct 14, 2010
Sold by
Arnason Dennis O
Bought by
Arnason Susan

Purchase Details

Closed on
Oct 7, 2005
Sold by
Arnason Dennis O
Bought by
Arnason Dennis O and Arnason Susan D

Purchase Details

Closed on
Feb 12, 2004
Sold by
Wallace Marlene L
Bought by
Arnason Dennis O and Arnason Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Rollins Ryan $630,000 Old Republic Natl Ttl Co Of
Arnason Susan -- None Available
Arnason Dennis O -- --
Arnason Dennis O $220,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rollins Ryan $472,500
Previous Owner Arnason Dennis O $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $630,000 0.0% $375 / Sq Ft
03/16/2021 03/16/21 Sold $630,000 -3.1% $375 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/13/2021 02/13/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $650,000 0.0% $387 / Sq Ft
01/21/2021 01/21/21 For Sale $650,000 0.0% $387 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $650,000 -- $387 / 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 $5,493 $207,290 $0 $0
2022 $5,374 $201,260 $0 $0
2021 $5,283 $195,400 $0 $0
2020 $4,847 $189,710 $0 $0
2019 $4,668 $184,190 $0 $0
2018 $4,531 $178,830 $0 $0
2017 $4,343 $173,630 $0 $0
2016 $3,975 $168,580 $0 $0
2015 $3,870 $163,670 $0 $0
2014 $3,812 $158,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21036417

Regional Multiple Listing Service (RMLS)

APN: R134500