NOT LISTED FOR SALE

15616 SE Division St Portland, OR 97236

Centennial Neighborhood

Estimated Value: $594,000 - $825,000

-- Bed
3 Baths
4,331 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $425,250 $98 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,291/month

11 Days on Market

Highlights

  • Zoned Heating
  • Laundry Facilities
  • Wood Siding
  • Property is near a bus stop
  • Level Lot

About This Home

As of April 2016

Renovated Old PDX Triplex. Perfect for owner-occupied. Each unit with separate electrical meters. Upgrades include: newer kitchens with granite tile, nice appliances and tile floors. Hardwoods on main and upper units. Upgraded bathrooms. Each unit with 2 beds. Upgraded electrical and plumbing. Parking for each unit. Do not disturb tenants.

Last Agent to Sell the Property

Morgan Davis

Keller Williams PDX Central License #960500095 Listed on: 02/25/2016

Keller Williams PDX Central

Last Buyer's Agent

Peter Jameson

J Residential Properties License #200204424

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 1917 | Remodeled

Lot Details

  • 9,104

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,331 Sq Ft Home
  • 3-Story Property

Finished Basement

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

Schools

  • Lynch Meadows Elementary School
  • Centennial Middle School
  • Centennial High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Additional Features

  • Level Lot
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R553175

Community Details

Building Details

  • Operating Expense $6,550
  • Gross Income $29,280
  • Net Operating Income $29,280

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,516

Year Built

Built in 1917 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1917
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, Finished, FullBasement
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level, OnBusline
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Lynch Meadows
  • High School: Centennial
  • Middle Or Junior School: Centennial

Lot Info

  • Zoning: R3
  • Parcel #: R553175

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.17
  • Annual Gross Income: 29280.0
  • Property Net Operating Income: 29280.0
  • Annual Operating Expense: 6550.0

Tax Info

  • Tax Annual Amount: 4516.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Apr 18, 2016
Sold by
Lass Llc
Bought by
Gillson Rowan and Gillson Jocelyn
Seller's Agent
Morgan Davis
Keller Williams PDX Central
Buyer's Agent
Peter Jameson
J Residential Properties
List Price
$415,000
Sold Price
$425,250
Premium/Discount to List
$10,250
2.47%
Current Estimated Value
$709,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,868
Avg. Annual Appreciation
5.57%
Original Mortgage
$318,937
Outstanding Balance
$253,376
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$455,742

Purchase Details

Closed on
Oct 13, 2005
Sold by
Jarvis Marcia L
Bought by
Lass Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,800
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Vuksich Lisa C
Bought by
Jarvis Marcia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2000
Sold by
Vuksich Jean C
Bought by
Vuksich Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 26, 1998
Sold by
Orr Daniel W
Bought by
Tall Firs Park Co
Source: Public Records

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
Gillson Rowan $425,250 Chicago Title Company Of Or
Lass Llc $425,000 Pacific Nw Title
Jarvis Marcia L $275,000 Stewart Title
Vuksich Lisa C $175,000 First American Title Co
Tall Firs Park Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillson Rowan $318,937
Previous Owner Lass Llc $315,800
Previous Owner Jarvis Marcia L $220,000
Previous Owner Vuksich Lisa C $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $425,250 +2.5% $98 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $415,000 -- $96 / 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 $6,382 $279,310 -- --
2023 $6,110 $271,180 $0 $0
2022 $5,960 $263,290 $0 $0
2021 $6,012 $255,630 $0 $0
2020 $5,361 $248,190 $0 $0
2019 $5,159 $240,970 $0 $0
2018 $4,986 $233,960 $0 $0
2017 $4,804 $227,150 $0 $0
2016 $4,632 $220,540 $0 $0
2015 $4,516 $214,120 $0 $0
2014 $4,432 $207,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Morgan Davis

    Seller's Agent in 2016

    Morgan Davis

    Keller Williams PDX Central

    (503) 548-4848

    6 in this area

    537 Total Sales

    Morgan Davis
    Section Image
  • Peter Jameson

    Buyer's Agent in 2016

    Peter Jameson

    J Residential Properties

    (503) 407-1526

    1 in this area

    120 Total Sales

    Peter Jameson
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16102473

Regional Multiple Listing Service (RMLS)

APN: R553175

Oregon Multnomah County Portland 97233 Centennial

15616 SE Division St, Portland, OR

This home is located at 15616 SE Division St, Portland, OR 97236 since 25 February 2016 and is currently estimated at $709,118, approximately $163 per square foot. This property was built in 1917. 15616 SE Division St is a home located in Multnomah County with nearby schools including Powell Butte Elementary School, Centennial Middle School, and Centennial 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.

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