Attention builders! Value in land. 1.15 acre MULTIFAMILY development opportunity. RM1 zone allows 50+ units, characterized by 1-3 story buildings including duplexes, rowhouses, courtyard housing & small apartment buildings. Two 6" sanitary sewer lines inside property. Buyer due diligence.
Brokers Realty, IncLicense #780302012Listed on: 06/16/2021
Home Details
Home Type
Single Family
Est. Annual Taxes
$7,020
Year Built
Built in 1952
Lot Details
1.15
Parking
Detached Garage
Driveway
Home Design
Shingle Siding
Utilities
Heating System Uses Gas
Gas Water Heater
High Speed Internet
Additional Features
2-Story Property
Property is zoned RM1
Unfinished Basement
Home Details
Home Type
Single Family
Est. Annual Taxes
$7,020
Year Built
Built in 1952
Lot Details
0
Parking
2
Listing Details
Status: Sold
Property Category: Residential
Property Type: Single Family Residence
Style: Bungalow
Sq Ft Calculated: 1996
Sq Ft Approximate Total: 2304
Stories: 2
Year Built: 1952
Property Condition: Approximately
Remarks Public: Attention builders! Value in land. 1.15 acre MULTIFAMILY development opportunity. RM1 zone allows 50+ units, characterized by 1-3 story buildings including duplexes, rowhouses, courtyard housing & small apartment buildings. Two 6" sanitary sewer lines inside property. Buyer due diligence.
Special Features: None
Property Sub Type: Detached
Interior Features
Additional Rooms: 4th Bedroom
Main Level Bathrooms: 0.1
Total Bathrooms: 1.1
Kitchen Appliances: Dishwasher, Instant Hot Water, Free-Standing Range, Free-Standing Refrigerator
Feb 2024 - PresentBurnside 151 Townhomes Llc and Law1 Year and 3 Months
Company
Purchase Details
Closed on
Feb 26, 2024
Sold by
Burnside 151 Townhomes Llc
Bought by
Burnside 151 Townhomes Llc and Law
Total Days on Market
316
Current Estimated Value
$853,742
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,455,000
Outstanding Balance
$4,422,787
Interest Rate
6.6%
Mortgage Type
New Conventional
Jun 2022 - Feb 2024Main Street Development Inc1 Year and 8 Months
Company
Purchase Details
Listed on
Jun 16, 2021
Closed on
Jun 28, 2022
Sold by
Shekarriz Living Trust
Bought by
Main Street Development Inc
Seller's Agent
Marian Hsu
Brokers Realty, Inc
Buyer's Agent
Marian Hsu
Brokers Realty, Inc
List Price
$999,500
Sold Price
$995,000
Premium/Discount to List
-$4,500
-0.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
5.3%
Mortgage Type
Seller Take Back
Feb 2013 - Jun 2022Shekarriz Habib and Shekarriz Living Trust9 Years and 4 Months
Private Individual
Purchase Details
Listed on
Feb 2, 2013
Closed on
Feb 27, 2013
Sold by
Serroels Elieve L
Bought by
Shekarriz Habib and Shekarriz Living Trust
Seller's Agent
Teresa ST. Martin
Windermere Realty Trust
Buyer's Agent
BJ Atwood
BJ Atwood Realty LLC
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 15141 E Burnside St, Portland, OR 97233 since 16 June 2021 and is currently estimated at $853,742, approximately $370 per square foot. This property was built in 1952. 15141 E Burnside St 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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