NOT LISTED FOR SALE

Estimated Value: $546,179 - $635,000

5 Beds
5 Baths
2,435 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $590,000 $242 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,748/month

3 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Garage
  • Security System Owned
  • Green Certified Home
  • 2-minute walk to Wilkes Park

About This Home

As of October 2022

Excellent owner occupied or investor opportunity in NE Portland. Side be side duplex, each unit with its own attached garage. Corner lot with fenced yard. Quiet neighborhood with easy access to freeways and downtown Portland. Photos are of 15605, the 2 bed/1.1 bath unit. Annual HOA Dues $340. *Open Sunday 9/25 from 12-2pm* [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10204402]

Last Listed By

Kate Kennedy

Windermere Realty Trust License #201109073 Listed on: 09/22/2022

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,680

Year Built

  • Built in 2004

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation
  • Unreinforced Masonry Building

Interior Spaces

  • 2,435 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Security System Owned

Eco-Friendly Details

  • Green Certified Home

Schools

  • Margaret Scott Elementary School
  • H.B. Lee Middle School
  • Reynolds High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R517300

Community Details

Overview

  • 2 Units
  • Wilkes Community Group Subdivision

Amenities

  • Common Area

Building Details

  • Operating Expense $8,965
  • Gross Income $19,200
  • Net Operating Income $10,235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,680

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2004
  • Unreinforced Masonry Building: Yes
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure

Garage/Parking

  • Parking Description: Garage, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: SecuritySystemOwned
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons

Schools

  • Elementary School: Margaret Scott
  • High School: Reynolds
  • Middle Or Junior School: H.B. Lee

Lot Info

  • Zoning: RM-1
  • Parcel #: R517300

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 5679.62

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 31.25
  • Annual Gross Income: 19200.0
  • Property Net Operating Income: 10235.0
  • Annual Operating Expense: 8965.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Sep 26, 2022
Sold by
Briceno Lisa
Bought by
Hankins Tanganyike and Hankins Johnny L
Seller's Agent
Kate Kennedy
Windermere Realty Trust
Buyer's Agent
Marc Angelo
RE/MAX Equity Group
List Price
$600,000
Sold Price
$590,000
Premium/Discount to List
-$10,000
-1.67%
Total Days on Market
3
Views
43
Current Estimated Value
$582,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,455
Avg. Annual Appreciation
-0.49%
Original Mortgage
$501,500
Outstanding Balance
$485,442
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$97,103

Purchase Details

Closed on
Mar 5, 2007
Sold by
Reynolds Dean A
Bought by
Vinavong Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,950
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2003
Sold by
Pacific Western Homes Inc
Bought by
Reynolds Dean A and Reynolds Tracy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2003
Sold by
Pacific Western Homes Inc
Bought by
Reynolds Dean A and Reynolds Tracy E

Range of Values:

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Average Value
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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
Hankins Tanganyike $590,000 First American Title
Vinavong Lisa $354,947 Lawyers Title Ins
Reynolds Dean A $190,000 Multiple
Reynolds Dean A $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hankins Tanganyike $501,500
Previous Owner Vinavong Lisa $283,950
Previous Owner Reynolds Dean A $204,000
Closed Reynolds Dean A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $590,000 -1.7% $242 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $600,000 -- $246 / 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 $5,842 $258,120 $0 $0
2022 $5,755 $250,610 $0 $0
2021 $5,680 $243,320 $0 $0
2020 $5,127 $236,240 $0 $0
2019 $4,866 $229,360 $0 $0
2018 $4,821 $222,680 $0 $0
2017 $4,649 $216,200 $0 $0
2016 $4,432 $209,910 $0 $0
2015 $3,935 $203,800 $0 $0
2014 $3,870 $197,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22164285

Regional Multiple Listing Service (RMLS)

APN: R517300