NOT LISTED FOR SALE

1516 SE Sherrett St Unit 1520 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $692,000 - $904,603

4 Beds
4 Baths
3,440 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $620,000 $180 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,845/month

16 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Attached Garage
  • Duniway Elementary School Rated 9+
  • Fireplace
  • Parking Storage or Cabinetry

About This Home

As of July 2019

Awesome duplex in sought-after Sellwood! Great investment/owner occ opportunity! Each unit: 2beds, 1.1 baths, spacious rooms, gas fireplace, tuck under garage, covered deck both front & back, private fenced back yards. Fantastic indoor & outdoor space! Just 5 blocks to the heart of Sellwood! Walkscore 85. Less than 1mi to Sellwood & Westmoreland Parks & Sellwood Riverfront. Offer subj to interior insp. No sign, do not disturb tenants.

Last Agent to Sell the Property

Ross Seligman

Real Broker License #200501067 Listed on: 06/14/2019

Real Broker

Last Buyer's Agent

Carolyn Hoty

Keller Williams Realty Professionals License #200604179

Keller Williams Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,401

Year Built

  • Built in 2000

Lot Details

  • 5,009

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Wood Flooring
  • Range

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Deck
  • Level Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,401

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3440
  • Stories: 3
  • Year Built: 2000
  • Remarks Public: Awesome duplex in sought-after Sellwood! Great investment/owner occ opportunity! Each unit: 2beds, 1.1 baths, spacious rooms, gas fireplace, tuck under garage, covered deck both front & back, private fenced back yards. Fantastic indoor & outdoor space! Just 5 blocks to the heart of Sellwood! Walkscore 85. Less than 1mi to Sellwood & Westmoreland Parks & Sellwood Riverfront. Offer subj to interior insp. No sign, do not disturb tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SELLWOOD, BLOCK 65, LOT 14
  • Basement: Full Basement, Partial Basement
  • Storage: Garage(s), Basement

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Deck, Fireplace, Hardwood Floors, Range

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: R5

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Amount: 7456.53
  • Assessor Parcel Number: R267444
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.60

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jun 18, 2019
Sold by
Crandall Teresa Lynne
Bought by
Crandall Teresa Lynne and Crandall Scott William
Seller's Agent
Ross Seligman
Real Broker
Buyer's Agent
Carolyn Hoty
Keller Williams Realty Professionals
List Price
$599,000
Sold Price
$620,000
Premium/Discount to List
$21,000
3.51%
Current Estimated Value
$763,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,151
Avg. Annual Appreciation
3.39%

Purchase Details

Closed on
May 12, 2019
Sold by
Crandall Teresa Lynne and Crandall Scott William
Bought by
Fulton Daniel S

Purchase Details

Closed on
Aug 20, 2015
Sold by
Crandall Scott W
Bought by
Crandall Teresa Lynne

Purchase Details

Closed on
Apr 13, 2015
Sold by
Crandall Teresa Lynne
Bought by
Crandall Teresa Lynne and Crandall Scott W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2013
Closed on
Oct 10, 2013
Sold by
Wright Richard
Bought by
Moe Jane L and Moe Wright Jane L
Seller's Agent
Wendi Super
RE/MAX Equity Group
Buyer's Agent
Janeese Jackson
Real Estate Resource
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%

Purchase Details

Listed on
Sep 5, 2013
Closed on
Oct 8, 2013
Sold by
Moe Jane L
Bought by
Crandall Teresa Lynne
Seller's Agent
Wendi Super
RE/MAX Equity Group
Buyer's Agent
Janeese Jackson
Real Estate Resource
List Price
$475,000
Sold Price
$475,000

Purchase Details

Closed on
Apr 27, 2011
Sold by
Wright Richard
Bought by
Wright Richard and Moe Wright Jane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,529
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1999
Sold by
Wright Jerry V
Bought by
Wright Richard

Purchase Details

Closed on
Apr 3, 1996
Sold by
Carpenter Richard O
Bought by
Wright Jerry and Wright Vicki M

Purchase Details

Closed on
Dec 28, 1995
Sold by
Multnomah County
Bought by
Carpenter Richard O
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Crandall Teresa Lynne -- None Available
Fulton Daniel S $620,000 Wfg Title
Crandall Teresa Lynne -- Accommodation
Crandall Teresa Lynne -- Chicago Title
Moe Jane L -- Wfg Title
Crandall Teresa Lynne $475,000 Wfg Title
Wright Richard -- Fidelity Natl Title Co Of Or
Wright Richard $50,000 Pacific Nw Title
Wright Jerry $47,500 Chicago Title
Carpenter Richard O $8,665 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crandall Teresa Lynne $200,000
Previous Owner Wright Richard $250,529
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2019 07/15/19 Sold $620,000 +3.5% $180 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $599,000 0.0% $174 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $599,000 +26.1% $174 / Sq Ft
10/11/2013 10/11/13 Sold $475,000 0.0% $138 / Sq Ft View Prior Sale
09/15/2013 09/15/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $475,000 -- $138 / 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 $9,401 $351,350 -- --
2023 $9,039 $341,120 $0 $0
2022 $8,844 $331,190 $0 $0
2021 $8,694 $321,550 $0 $0
2020 $7,976 $312,190 $0 $0
2019 $7,682 $303,100 $0 $0
2018 $7,457 $294,280 $0 $0
2017 $7,147 $285,710 $0 $0
2016 $6,540 $277,390 $0 $0
2015 $6,369 $269,320 $0 $0
2014 $6,273 $261,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19124334

Regional Multiple Listing Service (RMLS)

APN: R267444