$305,000
SOLD MAR 4, 2013
-- Bed
-- Bath
2,324 Sq Ft
1.15 Acres

Recently Sold

$131 Per Sq Ft

3% Below List Price

6 Days on Market

About This Home

As of June 2022

Level 1.15 acres, zoned R2 with quality built home on front corner of the parcel. See mls #13226497 for house details. Light rail access. Developers pack available upon request. Property is located within Multiple-Unit Limited Tax Exemption Area (Portland Housing Bureau) and Neighborhood Stabilization Target area 1 (US Dept of Housing and Urban Development)

Last Agent to Sell the Property

Teresa ST. Martin

Windermere Realty Trust License #200202174 Listed on: 02/02/2013

Windermere Realty Trust

Last Buyer's Agent

BJ Atwood

BJ Atwood Realty LLC License #200101171

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,020

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Multifamily
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ASCOT AC, LOT 279&280 TL 2200

Exterior Features

  • Neighborhood Features: Glenfair Park
  • Amenities Remarks: Property is located within Multiple-Unit Limited Tax Exemption Area (Portland Housing Bureau) and Neighborhood Stabilization Target area 1 (US Dept of Housing and Urban Development)
  • Lot Size: 1 to 2.99 Acres
  • Lot Dimensions: 160' x 313'
  • Road Frontage: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Electricity Connected, Cable Connected, Phone Connected

Association/Amenities

  • Existing Structures Description: Driveway, Fenced, Garage(s), Residence
  • Existing Structures: Yes

Schools

  • Distance to SchoolBus: Within 1/4 Mile
  • Elementary School: Glenfair
  • High School: Reynolds

Lot Info

  • Lot Description: Light Rail
  • Acres: 1.15
  • Zoning: R2
  • Present Use: Raw Land, Residential
  • Topography: Level
  • Soil Condition: Native

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 4142.29
  • Assessor Parcel Number: R109845

MLS Schools

  • Elementary School: Glenfair
  • High School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2024
Sold by
Burnside 151 Townhomes Llc
Bought by
Burnside 151 Townhomes Llc and Law
Current Estimated Value
$888,426

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
$4,401,924
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$3,518,548

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.
Avg. Annual Appreciation
-3.77%
Original Mortgage
$745,000
Interest Rate
5.3%
Mortgage Type
Seller Take Back

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%
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed -- Fidelity National Title
Warranty Deed $995,000 First American Title
Warranty Deed $305,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,455,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $745,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $995,000 -0.5% $432 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $999,500 +0.5% $434 / Sq Ft
03/01/2022 03/01/22 Off Market $995,000 -- --
08/31/2021 08/31/21 Price Changed $999,500 -16.6% $434 / Sq Ft
06/16/2021 06/16/21 Price Changed $1,198,000 +20.0% $520 / Sq Ft
06/16/2021 06/16/21 For Sale $998,000 +227.2% $433 / Sq Ft
03/04/2013 03/04/13 Sold $305,000 -3.2% $131 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
02/02/2013 02/02/13 For Sale $315,000 -- $136 / 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 $7,020 $310,140 $0 $0
2022 $6,914 $301,110 $0 $0
2021 $6,824 $292,340 $0 $0
2020 $6,160 $283,830 $0 $0
2019 $5,846 $275,570 $0 $0
2018 $5,792 $267,550 $0 $0
2017 $5,586 $259,760 $0 $0
2016 $5,324 $252,200 $0 $0
2015 $5,181 $244,860 $0 $0
2014 $5,044 $237,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13166139

Regional Multiple Listing Service (RMLS)

APN: R109845