NOT LISTED FOR SALE

15720 NE Milton Place Portland, OR 97230

Wilkes Neighborhood

Estimated Value: $542,000 - $609,000

6 Beds
6 Baths
2,452 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 12, 2015

Last sale price $309,000 $126 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,651/month

11 Days on Market

Highlights

  • Fireplace
  • Parking Storage or Cabinetry
  • Level Lot
  • Storage
  • Garage
  • 4-minute walk to Wilkes Park

About This Home

As of August 2015

Please do not disturb tenants. Super well designed floor plans, flowing space, garages, private patio/yard for each unit, make for homeowner quality feel and appeal. Rents are ideal for investor, but also a key opportunity to and for the owner occupant. Onsuite master, contemporary finishes, modernized kitchens, and gas fireplaces. Residents also enjoy the separate dining area, with slider access directly to patio and backyards.

Last Agent to Sell the Property

Chris Johnson

CORE, Realtors License #930700182 Listed on: 06/01/2015

Last Buyer's Agent

Javier Alomia

Real Broker License #200503097

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,024

Year Built

  • Built in 2000

Lot Details

  • Level Lot

Home Design

  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,024

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2452
  • Stories: 2
  • Year Built: 2000
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: RIVER VIEW VILLAGE, LOT 53, UND INT TRACTS A&B&C
  • Storage: Garage(s), Individual Storage Units

Exterior Features

  • Exterior Description: Lap Siding, Vinyl Siding
  • Lot Size: 5,000 to 6,999 SqFt

Garage/Parking

  • Parking Description: Garage Door Opener, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Washer/Dryer Hookup

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: R3

Tax Info

  • Tax Amount: 4164.93
  • Assessor Parcel Number: R255937

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.24

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 10, 2015
Sold by
Mogannam Robert M
Bought by
Rojas Aviles Candido and Rojas Leticia Avila
Seller's Agent
Chris Johnson
CORE, Realtors
Buyer's Agent
Javier Alomia
Real Broker
List Price
$299,995
Sold Price
$309,000
Premium/Discount to List
$9,005
3%
Current Estimated Value
$575,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,459
Avg. Annual Appreciation
6.39%
Original Mortgage
$303,403
Outstanding Balance
$239,436
Interest Rate
4.05%
Mortgage Type
FHA
Estimated Equity
$338,393

Purchase Details

Closed on
Dec 30, 2005
Sold by
Mogannam Robert M
Bought by
Mogannam Robert M and Mogannam Melissa I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 5, 2004
Sold by
Blair Joan G
Bought by
Morgannam Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,200
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2000
Sold by
Montgomery Contracting Inc
Bought by
Montgomery Robert H and Montgomery Charlotte L
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
Rojas Aviles Candido $309,000 Lawyers Title
Mogannam Robert M -- --
Morgannam Robert M $251,500 Fidelity Natl Title Co Of Or
Montgomery Robert H -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Aviles Candido $303,403
Previous Owner Mogannam Robert M $272,000
Previous Owner Mogannam Robert M $67,000
Previous Owner Morgannam Robert M $201,200
Closed Morgannam Robert M $25,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2015 08/12/15 Sold $309,000 +3.0% $126 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $299,995 -- $122 / 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 $7,024 $307,150 -- --
2023 $6,750 $298,210 $0 $0
2022 $6,648 $289,530 $0 $0
2021 $6,561 $281,100 $0 $0
2020 $5,923 $272,920 $0 $0
2019 $5,621 $264,980 $0 $0
2018 $5,569 $257,270 $0 $0
2017 $5,333 $249,780 $0 $0
2016 $4,753 $242,510 $0 $0
2015 $4,241 $235,450 $0 $0
2014 $4,165 $228,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15307052

Regional Multiple Listing Service (RMLS)

APN: R255937