NOT LISTED FOR SALE

1607 SE Woodward St Unit 1611 Portland, OR 97202

Hosford-Abernethy Neighborhood

Estimated Value: $744,000 - $928,000

6 Beds
3 Baths
2,688 Sq Ft
$303/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $560,000 $208 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,294/month

2 Days on Market

Highlights

  • Wood Flooring
  • Washer and Dryer
  • Level Lot
  • Abernethy Elementary School Rated 10

About This Home

As of October 2015

Great opportunity to own a well maintained multi family building in a super desired neighborhood. Listing price is less than the current appraisal. First unit is a one story unit. The other two units are two stories. Each unit has a wash/dry. Great mo. to mo. tenants. Buyer to determine sq.ft. of all units.

Last Agent to Sell the Property

Laura Kathleen Croll

Oregon First License #200503226 Listed on: 05/03/2015

Oregon First

Last Buyer's Agent

Nathan Lindquist

Real Broker License #201210641

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,499

Year Built

  • Built in 1976

Lot Details

  • 5,009

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Range
  • Washer and Dryer

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,499

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2688
  • Stories: 2
  • Year Built: 1976
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: TIBBETTS ADD, BLOCK 24, LOT 1

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security Or Entry: Sidewalk
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

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

Schools

  • Elementary School: Abernethy
  • Middle School: Hosford
  • High School: Cleveland

Lot Info

  • Lot Description: Level
  • Zoning: R2

Tax Info

  • Tax Amount: 6591.65
  • Assessor Parcel Number: R287543

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Abernethy
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2018
Sold by
Larson Benjamin M
Bought by
Larson Benjamin M and Larson Guru Simrat
Current Estimated Value
$815,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,500
Outstanding Balance
$453,019
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$370,652

Purchase Details

Listed on
May 3, 2015
Closed on
Oct 15, 2015
Sold by
Oosterhof Eric J
Bought by
Larson Benjamin and Khalsa Guru Simrat Kaur
Seller's Agent
Laura Kathleen Croll
Oregon First
Buyer's Agent
Nathan Lindquist
Real Broker
List Price
$529,000
Sold Price
$560,000
Premium/Discount to List
$31,000
5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$541,310
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2011
Sold by
Rosenau Terry S
Bought by
Oosterhof Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2004
Sold by
Mcdermott M D
Bought by
Chiapuzio Kurt and Rosenau Terry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2003
Sold by
Roberts Monroe L
Bought by
Mcdermott M D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
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
Larson Benjamin M -- Wfg Title
Larson Benjamin $560,000 Wfg Title
Oosterhof Eric J $335,000 Chicago Title Company Oregon
Chiapuzio Kurt $271,763 Lawyers Title Ins
Mcdermott M D $259,900 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Benjamin M $529,500
Closed Larson Benjamin $541,310
Previous Owner Oosterhof Eric J $251,250
Previous Owner Rosenau Terry S $200,000
Previous Owner Chiapuzio Kurt $186,000
Previous Owner Mcdermott M D $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2015 10/16/15 Sold $560,000 +5.9% $208 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
05/03/2015 05/03/15 For Sale $529,000 -- $197 / 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 $9,499 $358,480 $0 $0
2022 $9,293 $348,040 $0 $0
2021 $9,136 $337,910 $0 $0
2020 $8,381 $328,070 $0 $0
2019 $8,073 $318,520 $0 $0
2018 $7,836 $309,250 $0 $0
2017 $7,510 $300,250 $0 $0
2016 $6,873 $291,510 $0 $0
2015 $6,693 $283,020 $0 $0
2014 $6,592 $274,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15061016

Regional Multiple Listing Service (RMLS)

APN: R287543