NOT LISTED FOR SALE

15622 NE Milton Place Portland, OR 97230

Wilkes Neighborhood

Estimated Value: $502,000 - $642,000

4 Beds
6 Baths
3,244 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $570,000 $176 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,721/month

9 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 3-minute walk to Wilkes Park
  • Garage
  • Wood Siding

About This Home

As of September 2021

Great move in ready duplex, mirrored 3 bedroom 2.1 bathroom units, laminate floors throughout the main levels, kitchen, eating area, living Room, half Bath, back yard and garage access on main floor. Upstairs find the bedrooms including primary suite with large closet, and laundry room. Each unit has fully fenced backyard.

Last Agent to Sell the Property

Nick Shivers

Keller Williams PDX Central License #200209063 Listed on: 08/12/2021

Keller Williams PDX Central

Co-Listed By

Kathryn Fisher

Keller Williams PDX Central License #201232638

Last Buyer's Agent

Timothy Ng

MORE Realty License #200710121

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,842

Year Built

  • Built in 2004

Lot Details

  • Level Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,244 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • Garage
  • Assigned Parking

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

  • Assessor Parcel Number R517262

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,199
  • Gross Income $25,140
  • Net Operating Income $10,941

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,842

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2004
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage,IndividualStorageUnits
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Zoning: RM1
  • Parcel #: R517262

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 5842.45

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 22.87
  • Annual Gross Income: 25140.0
  • Property Net Operating Income: 10941.0
  • Annual Operating Expense: 14199.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 22, 2021
Sold by
Dkyview Plaza Llc
Bought by
Chan Kim Hou and Chan Peng U
Seller's Agent
Nick Shivers
Keller Williams PDX Central
Buyer's Agent
Timothy Ng
MORE Realty
List Price
$575,000
Sold Price
$570,000
Premium/Discount to List
-$5,000
-0.87%
Total Days on Market
9
Current Estimated Value
$596,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,601
Avg. Annual Appreciation
1.50%
Original Mortgage
$427,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2014
Closed on
Jun 23, 2014
Sold by
Chang Kari
Bought by
Thana George and Thana Valsa T
Seller's Agent
Tom Abalan
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Harlan Mayer
RealEstatePDX.com
List Price
$289,500
Sold Price
$287,000
Premium/Discount to List
-$2,500
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$200,900
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2012
Sold by
Ma Rebecca Wei
Bought by
Chang Kari

Purchase Details

Closed on
Oct 13, 2009
Sold by
Ma An Son
Bought by
Ma Rebecca Wei and Ma Monica Hwei

Purchase Details

Closed on
Nov 2, 2006
Sold by
Skaar Tom
Bought by
Ma Tung Son

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,920
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2004
Sold by
Foushee Thomas D and Foushee Violet M
Bought by
Spencer Street B Lp

Purchase Details

Closed on
May 22, 2003
Sold by
Pacific Western Homes Inc
Bought by
Skaar Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Chan Kim Hou $570,000 Lawyers Title
Thana George $287,000 Ticor Title
Chang Kari -- None Available
Ma Rebecca Wei -- None Available
Ma Tung Son $369,900 Lawyers Title Ins
Spencer Street B Lp -- --
Skaar Tom -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Kim Hou $427,500
Previous Owner Thana George $200,900
Previous Owner Ma Tung Son $295,920
Previous Owner Skaar Tom $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $570,000 -0.9% $176 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $575,000 +100.3% $177 / Sq Ft
06/23/2014 06/23/14 Sold $287,000 -0.9% $88 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
04/26/2014 04/26/14 For Sale $289,500 -- $89 / 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 $6,658 $294,160 $0 $0
2022 $6,558 $285,600 $0 $0
2021 $6,473 $277,290 $0 $0
2020 $5,842 $269,220 $0 $0
2019 $5,545 $261,380 $0 $0
2018 $5,494 $253,770 $0 $0
2017 $5,298 $246,380 $0 $0
2016 $5,050 $239,210 $0 $0
2015 $4,502 $232,250 $0 $0
2014 $4,427 $225,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21474600

Regional Multiple Listing Service (RMLS)

APN: R517262