NOT LISTED FOR SALE

16131 SE Powell Blvd Unit 16137 Portland, OR 97236

Centennial Neighborhood

Estimated Value: $533,209 - $583,000

2 Beds
4 Baths
3,195 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $540,000 $169 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,539/month

46 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Property is near a bus stop
  • Garage

About This Home

As of October 2022

NEW LOWER PRICE!! Duplex with great rent potential on corner lot! These units have lots of space, over 3000 sq. feet of combined living space! One unit(process of being remodeled) has 4 beds 2 bath with partial basement, porch, and hardwoods. The other unit has 3 beds 2.5 baths with vaulted ceilings, pantry and laundry room. It is occupied by tenants with a move out day end of August. Note: State has purchased a portion of land on Powell side for improvements to road.

Last Agent to Sell the Property

Jeff Hunter

John L. Scott Portland Metro License #201207294 Listed on: 06/27/2022

John L. Scott Portland Metro

Last Buyer's Agent

Shanon Adamson-John

MORE Realty License #201111014

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,570

Year Built

  • Built in 1905

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Converted Dwelling
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,195 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Partial Basement
  • Basement Storage

Location

  • Property is near a bus stop

Schools

  • Powell Butte Elementary School
  • Centennial Middle School
  • Centennial High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Community Details

  • 2 Units
  • Gross Income $24,000

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R504861

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,570

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1905
  • Property Condition: Converted
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement, StorageSpace, Unfinished
  • Storage: Basement,Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Internet Service Type: Cable
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Powell Butte
  • High School: Centennial
  • Middle Or Junior School: Centennial

Lot Info

  • Zoning: RM1
  • Parcel #: R504861

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 5569.51

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 22.92
  • Annual Gross Income: 24000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2020
Sold by
Hunter Jeffrey W
Bought by
Reinsch James and Reinsch Kristine
Current Estimated Value
$560,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,881
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2010
Sold by
Federal National Mortgage Association
Bought by
Hunter Jeffrey W

Purchase Details

Closed on
Apr 20, 2009
Sold by
Aurora Loan Services Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 21, 2006
Sold by
Timchuk Vladimir and Timchuk Yelena
Bought by
Payne Sean R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
6.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2005
Sold by
Snider George
Bought by
Timchuk Vladimir and Timchuk Yelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.87%
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
Reinsch James $393,000 First American
Hunter Jeffrey W $211,050 Chicago Title Insurance Co
Federal National Mortgage Association $283,437 Fatco
Aurora Loan Services Llc $283,437 Fatco
Payne Sean R $316,000 Ticor Title Insurance Compan
Timchuk Vladimir $220,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wade Alexander $455,000
Closed Reinsch Kristine $52,644
Closed Reinsch James $385,881
Previous Owner Hunter Jeffrey W $135,000
Previous Owner Payne Sean R $63,200
Previous Owner Payne Sean R $252,800
Previous Owner Payne Sean R $63,200
Previous Owner Timchuk Vladimir $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $540,000 -1.8% $169 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $550,000 0.0% $172 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $550,000 -8.3% $172 / Sq Ft
06/27/2022 06/27/22 For Sale $599,500 -- $188 / 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 $5,912 $258,740 -- --
2023 $5,660 $251,210 $0 $0
2022 $5,522 $243,900 $0 $0
2021 $5,570 $236,800 $0 $0
2020 $4,966 $229,910 $0 $0
2019 $4,779 $223,220 $0 $0
2018 $4,619 $216,720 $0 $0
2017 $4,450 $210,410 $0 $0
2016 $4,291 $204,290 $0 $0
2015 $4,038 $198,340 $0 $0
2014 $3,878 $192,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hunter

    Seller's Agent in 2022

    Jeff Hunter

    John L. Scott Portland Metro

    (503) 913-4547

    1 in this area

    8 Total Sales

    Jeff Hunter
    Section Image
  • Shanon Adamson-John

    Buyer's Agent in 2022

    Shanon Adamson-John

    MORE Realty

    (503) 318-9515

    3 in this area

    34 Total Sales

    Shanon Adamson-John
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22530019

Regional Multiple Listing Service (RMLS)

APN: R504861

Oregon Multnomah County Portland 97236 Centennial

16131 SE Powell Blvd Unit 16137, Portland, OR

This home is located at 16131 SE Powell Blvd Unit 16137, Portland, OR 97236 since 27 June 2022 and is currently estimated at $560,052, approximately $175 per square foot. This property was built in 1905. 16131 SE Powell Blvd Unit 16137 is a home located in Multnomah County with nearby schools including Powell Butte Elementary School, Centennial Middle School, and Centennial High School.

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