NOT LISTED FOR SALE

15715 SE Division St Unit 15717 Portland, OR 97236

Centennial Neighborhood

Estimated Value: $529,000

4 Beds
3 Baths
3,670 Sq Ft
$144/Sq Ft Est. Value

Last Sold October 09, 2018

Last sale price $360,000 $98 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,494/month

69 Days on Market

Highlights

  • Corner Lot
  • Property is near a bus stop
  • Wood Siding
  • 4 Car Attached Garage
  • Forced Air Heating System

About This Home

As of October 2018

Classic MId-century style duplex.Wrought-iron railings. Original hardware, hardwoods, newer roof, newer vinyl windows.Well maintained.Large living rooms w/fireplaces, coved ceilings.Basements finished w/lots light & high ceilings-great living space,storage & both include laundry h/up.West unit 2nd has bath in basement. Fenced yards, attached garages & room for R/V parking. Each unit could easily rent $1600-$1800. Investment opportunity!

Last Agent to Sell the Property

Linda Zimmerman

Call it Closed International, Inc License #881200020 Listed on: 07/06/2018

Co-Listed By

Gretchen Wren

MORE Realty License #201210120

Last Buyer's Agent

Jamie Alves

eXp Realty, LLC License #200404229

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,569

Year Built

  • Built in 1955

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 3,670 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Location

  • Property is near a bus stop

Schools

  • Harold Oliver Elementary School
  • Centennial High School

Utilities

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

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R299924

Community Details

Overview

  • 2 Units
  • Property managed by Call Gretchen to show

Building Details

  • Operating Expense $12,500
  • Gross Income $25,800
  • Net Operating Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,569

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1955
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement
  • Storage: Basement,Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

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

Garage/Parking

  • Parking Description: Attached
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Management Name: Call Gretchen to show

Schools

  • Elementary School: Harold Oliver
  • High School: Centennial

Lot Info

  • Zoning: R3
  • Parcel #: R299924

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 5568.61

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.73
  • Annual Gross Income: 25800.0
  • Property Net Operating Income: 13800.0
  • Annual Operating Expense: 12500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Apr 14, 2016
Sold by
Dinucci Joseph
Bought by
Reed Roland H
Seller's Agent
Laura Lacey
Corcoran Prime
Buyer's Agent
Morgan Braze
Kelly Right Real Estate Vancouver
List Price
$315,000
Sold Price
$326,000
Premium/Discount to List
$11,000
3.49%
Current Estimated Value
$529,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,000
Avg. Annual Appreciation
5.30%
Original Mortgage
$320,095
Outstanding Balance
$255,562
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$273,438

Purchase Details

Closed on
Aug 21, 2006
Sold by
Ho Homer
Bought by
Dinucci Joseph and Dinucci Peggy Jean
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reed Roland H $326,000 Wfg Title
Dinucci Joseph $265,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crippen Robert $50,000
Open Reed Roland H $320,095
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2018 10/09/18 Sold $360,000 -16.3% $98 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $429,900 +31.9% $117 / Sq Ft
04/18/2016 04/18/16 Sold $326,000 +3.5% $89 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $315,000 -- $86 / 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 $7,398 $323,770 -- --
2023 $7,082 $314,340 $0 $0
2022 $6,909 $305,190 $0 $0
2021 $6,969 $296,310 $0 $0
2020 $6,214 $287,680 $0 $0
2019 $5,980 $279,310 $0 $0
2018 $5,780 $271,180 $0 $0
2017 $5,569 $263,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18198216

Regional Multiple Listing Service (RMLS)

APN: R299924