NOT LISTED FOR SALE

1574 SE Tenino St Unit 1578 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $728,000 - $897,000

5 Beds
4 Baths
4,814 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $869,000 $181 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,067/month

12 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Storage
  • Duniway Elementary School Rated 9+
  • Views
  • Garage

About This Home

As of August 2022

Location! Rare, one-level Triplex in the heart of Sellwood. Walk or bike to shops and restaurants in Bybee/Moreland; Max and bus nearby. Full basements in all units, carports for 1576-1578, fireplace and attached garage in unit 1574. Unit 1578 vacant, other 2 units occupied. Great for owner-occupied, excellent investment with potential to finish high-ceiling basements for extra income. Please do not disturb tenants.

Last Agent to Sell the Property

Alex Cristurean

RE/MAX Equity Group License #200203125 Listed on: 07/13/2022

RE/MAX Equity Group

Co-Listed By

Alexis Buturoaga

RE/MAX Equity Group License #201245707

Last Buyer's Agent

Brian Porter

Opt License #200305174

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,648

Year Built

  • Built in 1957

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring
  • Range
  • Property Views

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Garage
  • Assigned Parking

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,648

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4814
  • Stories: 1
  • Year Built: 1957
  • Property Condition: Existing
  • Remarks Public: Location! Rare, one-level Triplex in the heart of Sellwood. Walk or bike to shops and restaurants in Bybee/Moreland; Max and bus nearby. Full basements in all units, carports for 1576-1578, fireplace and attached garage in unit 1574. Unit 1578 vacant, other 2 units occupied. Great for owner-occupied, excellent investment with potential to finish high-ceiling basements for extra income. Please do not disturb tenants.
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SELLWOOD, BLOCK 68, LOT 1
  • Basement: Full Basement, Unfinished
  • Storage: Individual Storage Units, Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • View: Territorial
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air
  • Internet Service Type: Cable
  • Security: Sidewalk

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer Hookup, Window Coverings

Schools

  • Elementary School: Duniway
  • Middle School: Sellwood
  • High School: Cleveland

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: RM1d
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 7
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10203283
  • Green Verification HES Year: 2022

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 7355.31
  • Assessor Parcel Number: R267450
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 27.85

MLS Schools

  • Elementary School: Duniway
  • High School: Cleveland
  • Middle School: Sellwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Lockary Susan Irland
Bought by
Lockary Trust
Current Estimated Value
$809,223

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 19, 2022
Sold by
Katherine L Sellwood Trust
Bought by
Lockary Susan Irland and Lockary Evan Matthew
Seller's Agent
Alex Cristurean
RE/MAX Equity Group
Buyer's Agent
Brian Porter
Opt
List Price
$869,000
Sold Price
$869,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.61%
Original Mortgage
$350,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2010
Sold by
Clouse Katherine L
Bought by
Sellwood Katherine L and Katherine L Sellwood Trust
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
Lockary Trust -- --
Lockary Susan Irland $869,000 Lawyers Title
Sellwood Katherine L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lockary Susan Irland $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $869,000 0.0% $181 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $869,000 -- $181 / 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 $7,648 $288,600 $0 $0
2022 $7,482 $280,200 $0 $0
2021 $7,355 $272,040 $0 $0
2020 $6,747 $264,120 $0 $0
2019 $6,499 $256,430 $0 $0
2018 $6,308 $248,970 $0 $0
2017 $6,046 $241,720 $0 $0
2016 $5,533 $234,680 $0 $0
2015 $5,388 $227,850 $0 $0
2014 $5,307 $221,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Cristurean

    Seller's Agent in 2022

    Alex Cristurean

    RE/MAX

    (503) 830-3746

    1 in this area

    99 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Alexis Buturoaga

    RE/MAX

    (503) 653-0607

    1 in this area

    38 Total Sales

    Section Image
  • Brian Porter

    Buyer's Agent in 2022

    Brian Porter

    Opt

    (503) 810-2219

    3 in this area

    198 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22373778

Regional Multiple Listing Service (RMLS)

APN: R267450

Oregon Multnomah County Portland 97202 Sellwood

1574 SE Tenino St Unit 1578, Portland, OR

This home is located at 1574 SE Tenino St Unit 1578, Portland, OR 97202 since 13 July 2022 and is currently estimated at $834,791, approximately $173 per square foot. This property was built in 1957. 1574 SE Tenino St Unit 1578 is a home located in Multnomah County with nearby schools including Duniway Elementary School, Sellwood Middle School, and Cleveland High School.

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