NOT LISTED FOR SALE

1504 N Watts St Unit 1506 Portland, OR 97217

Kenton Neighborhood

Estimated Value: $596,000 - $693,000

4 Beds
2 Baths
4,000 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $575,000 $144 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,898/month

123 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Forced Air Heating System
  • Peninsula Elementary School Rated 9+
  • Property is near a bus stop
  • 1-Story Property

About This Home

As of April 2019

Beautiful Well maintained Duplex- Looks like separate homes! Each Face on different street! Plenty of parking on site. Hardwoods, cherry cab, tile counters -period-Frig & stove-washer dryer Yards & Patios! Live in one side, rent out the other.... FULL basement w/ separate entrances & windows, on concrete slab w/ walls in could be two more units! On Max Line - Shops - Fred Meyer-Fabulous Opportunity! Fireplaces! Watts facing one vacant

Last Agent to Sell the Property

Kathleen McDonald Peterson

Premiere Property Group, LLC License #200203088 Listed on: 10/28/2018

Premiere Property Group, LLC

Last Buyer's Agent

Barbara Carlson

RE/MAX Equity Group License #200201043

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 3 Car Garage
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Location

  • Property is near a bus stop

Schools

  • Chief Joseph Elementary School
  • Jefferson High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R196280

Community Details

Overview

  • 2 Units
  • Kenton Subdivision
  • Property managed by Lockbox on Back Dr. Watts on R

Building Details

  • Operating Expense $4,738
  • Gross Income $48,000
  • Net Operating Income $43,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,738

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1953
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, Finished, FullBasement
  • Storage: Attached,Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level, LightRail, OnBusline
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved, RVAccessParking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Management Name: Lockbox on Back Dr. Watts on R

Schools

  • Elementary School: Chief Joseph
  • High School: Jefferson

Lot Info

  • Zoning: R-1
  • Parcel #: R196280

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 4737.73

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.92
  • Annual Gross Income: 48000.0
  • Property Net Operating Income: 43000.0
  • Annual Operating Expense: 4738.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Weiner Ashley Raeann
Bought by
Weiner Daniel
Current Estimated Value
$637,365

Purchase Details

Listed on
Oct 28, 2018
Closed on
Apr 8, 2019
Sold by
Burbank Jonathan R and Burbank Maiya
Bought by
Weiner Michael and Rupprecht Allison
Seller's Agent
Kathleen McDonald Peterson
Premiere Property Group, LLC
Buyer's Agent
Barbara Carlson
RE/MAX Equity Group
List Price
$660,000
Sold Price
$575,000
Premium/Discount to List
-$85,000
-12.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$431,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
N Interstate & Watts Building Llc
Bought by
Burbank Jonathan R and Burbank Maiya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,449
Interest Rate
4.26%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2007
Sold by
Wilcox Raymond Peter
Bought by
N Interstate & Watts Bldg Llc

Purchase Details

Closed on
Jul 28, 2005
Sold by
Forrest David L
Bought by
Wilcox R Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Weiner Daniel -- Wfg Title
Weiner Michael $575,000 None Available
Burbank Jonathan R $293,900 Fidelity Natl Title Co Of Or
N Interstate & Watts Bldg Llc -- None Available
Wilcox R Peter $305,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weiner Michael $431,250
Previous Owner Burbank Jonathan R $286,449
Previous Owner Wilcox R Peter $228,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $575,000 -12.9% $144 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
10/28/2018 10/28/18 For Sale $660,000 -- $165 / 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 $6,232 $232,910 -- --
2023 $5,992 $226,130 $0 $0
2022 $5,862 $219,550 $0 $0
2021 $5,763 $213,160 $0 $0
2020 $5,287 $206,960 $0 $0
2019 $5,093 $200,940 $0 $0
2018 $4,943 $195,090 $0 $0
2017 $4,738 $189,410 $0 $0
2016 $4,336 $183,900 $0 $0
2015 $4,222 $178,550 $0 $0
2014 $4,158 $173,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kathleen McDonald Peterson

    Premiere Property Group, LLC

    Section Image
  • Barbara Carlson

    Buyer's Agent in 2019

    Barbara Carlson

    RE/MAX

    (503) 341-8090

    79 Total Sales

    Barbara Carlson
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18297131

Regional Multiple Listing Service (RMLS)

APN: R196280

Oregon Multnomah County Portland 97217 Kenton

1504 N Watts St Unit 1506, Portland, OR

This home is located at 1504 N Watts St Unit 1506, Portland, OR 97217 since 28 October 2018 and is currently estimated at $637,365, approximately $159 per square foot. This property was built in 1953. 1504 N Watts St Unit 1506 is a home located in Multnomah County with nearby schools including Peninsula Elementary School, Ockley Green, and Jefferson 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.

Regional Multiple Listing Service (RMLS) 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.

Nearby Homes