$655,000
SOLD JAN 19, 2016

16136 SE Main St Unit 16138 Portland, OR 97233

Centennial Neighborhood
15 Beds
9 Baths
4,875 Sq Ft
8,102 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

3% Below List Price

31 Days on Market

Highlights

  • Attached Garage
  • Level Lot
  • Wood Siding

About This Home

As of April 2021

Great opportunity to own a 6 plex in PDX. 3 separate duplexes being sold together. 2bdr/1bath & 3bdr/1.5 bath units with fenced yards & garages. 2 units under renovation & room for upside in rents. Large corner property w/great visibility & easy to rent. Tax lots R255757/R255756/R255755. Must close simultaneously. Write subject to interior inspection. No sing on Prop. Do not disturb tenants

Last Agent to Sell the Property

Kasra Shakerin

Premiere Property Group, LLC License #200202177 Listed on: 10/19/2015

Premiere Property Group, LLC

Last Buyer's Agent

Jim Atwood

J. A. Atwood Corporation License #780301561

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 1978

Parking

  • Attached Garage

Home Design

  • Wood Siding

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,424

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 4875
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: RITLOW AC, BLOCK D, LOT 1 TL 7900

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator

Schools

  • Elementary School: Parklane
  • Middle School: Centennial
  • High School: Centennial

Lot Info

  • Lot Description: On Busline, Corner, Level
  • Zoning: R-3

Tax Info

  • Tax Amount: 15206.88
  • Assessor Parcel Number: R255755

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 17.32

MLS Schools

  • Elementary School: Parklane
  • High School: Centennial
  • Middle School: Centennial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Apr 24, 2021
Sold by
Davis Zachary and Davis Ashley
Bought by
Foo Eng Wah and Wang Chue Fang
Seller's Agent
Sondra McFeters
Portland Digs
Buyer's Agent
MEI CHEN
MORE Realty
List Price
$385,000
Sold Price
$400,000
Premium/Discount to List
$15,000
3.9%
Total Days on Market
31
Current Estimated Value
$446,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,871
Avg. Annual Appreciation
2.74%

Purchase Details

Closed on
Feb 22, 2018
Sold by
Mager Connie J
Bought by
Davis Ashley E and Davis Zachary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2015
Closed on
Mar 9, 2016
Sold by
Mager Robert and Mager Connie
Bought by
Davis Zachary and Davis Ashley
Seller's Agent
Kasra Shakerin
Premiere Property Group, LLC
Buyer's Agent
Jim Atwood
J. A. Atwood Corporation
List Price
$675,000
Sold Price
$655,000
Premium/Discount to List
-$20,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.99%

Purchase Details

Listed on
Oct 19, 2015
Closed on
Jan 21, 2016
Sold by
Mager Robert and Mager Connie
Bought by
Davis Zachary and Davis Ashley
Seller's Agent
Kasra Shakerin
Premiere Property Group, LLC
Buyer's Agent
Jim Atwood
J. A. Atwood Corporation
List Price
$675,000
Sold Price
$655,000
Premium/Discount to List
-$20,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2015
Closed on
Jan 7, 2016
Sold by
Stephens Lanita G
Bought by
Mager Connie J and Mager Robert W
Seller's Agent
Kasra Shakerin
Premiere Property Group, LLC
Buyer's Agent
Jim Atwood
J. A. Atwood Corporation
List Price
$675,000
Sold Price
$655,000
Premium/Discount to List
-$20,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2006
Sold by
Stephens Curtis R
Bought by
Stephens Lanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
9.92%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Old Republic Title
Bargain Sale Deed -- Nextitle
Deed -- None Available
Deed -- None Available
Warranty Deed $225,000 Fidelity Natl Title Co Of Or
Bargain Sale Deed -- Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $283,100 New Conventional
Closed $280,000 New Conventional
Previous Owner $231,000 New Conventional
Previous Owner $168,750 New Conventional
Previous Owner $161,250 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $400,000 +3.9% $198 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $385,000 -41.2% $190 / Sq Ft
01/19/2016 01/19/16 Sold $655,000 -3.0% $134 / Sq Ft
11/19/2015 11/19/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $675,000 -- $138 / 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 $4,424 $196,350 $0 $0
2022 $4,316 $190,640 $0 $0
2021 $4,353 $185,090 $0 $0
2020 $3,882 $179,700 $0 $0
2019 $3,736 $174,470 $0 $0
2018 $3,610 $169,390 $0 $0
2017 $3,478 $164,460 $0 $0
2016 $3,354 $159,670 $0 $0
2015 $5,184 $155,020 $0 $0
2014 $5,136 $150,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15440003

Regional Multiple Listing Service (RMLS)

APN: R255755