NOT LISTED FOR SALE

1624 SE Linn St Unit 1626 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $586,000 - $612,279

2 Beds
1 Bath
1,560 Sq Ft
$383/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $566,500 $363 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,682/month

Highlights

  • Private Lot
  • Views
  • Wood Siding
  • Duniway Elementary School Rated 9+
  • Property is near a bus stop
  • 1-Story Property

About This Home

As of March 2021

Rare, one level Ranch style duplex with updated flooring, updated vinyl windows, and great location. On busline #70, 2 blocks to shopping and dining. Please do not disturb tenant in front unit. Plenty of parking off street and deep set lot makes this a fantastic value. Each unit has private entrances, private patios & easy care yard. 2 bds/1 bath units, mirror images, with laundry hookups and electric fireplaces. Quiet, convenient location for commuters seeking an urban yet peaceful setting.

Last Agent to Sell the Property

Angela McFarland

MORE Realty License #200610310 Listed on: 01/15/2021

MORE Realty

Last Buyer's Agent

Kimberly Minasian

Neighbors Realty License #200503259

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 1969

Lot Details

  • Private Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Property is near a bus stop
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,033

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1560
  • Stories: 1
  • Year Built: 1969
  • Property Condition: Approximately
  • Remarks Public: Rare, one level Ranch style duplex with updated flooring, updated vinyl windows, and great location. On busline #70, 2 blocks to shopping and dining. Please do not disturb tenant in front unit. Plenty of parking off street and deep set lot makes this a fantastic value. Each unit has private entrances, private patios & easy care yard. 2 bds/1 bath units, mirror images, with laundry hookups and electric fireplaces. Quiet, convenient location for commuters seeking an urban yet peaceful setting.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SELLWOOD, BLOCK U, W 1/2 OF LOT 9&10
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: Trees/Woods
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: Sidewalk

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Description: On Busline, Level, Private
  • Zoning: R2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4930.76
  • Assessor Parcel Number: R268160
  • Tax Year: 2019

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 8, 2021
Sold by
Sells Robert and Linn Stree Duplex Llc
Bought by
Gillet Alexander Landon and Gillet Danielle Schwab
Seller's Agent
Angela McFarland
MORE Realty
Buyer's Agent
Kimberly Minasian
Neighbors Realty
List Price
$550,000
Sold Price
$566,500
Premium/Discount to List
$16,500
3%
Current Estimated Value
$597,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,820
Avg. Annual Appreciation
1.16%
Original Mortgage
$424,875
Outstanding Balance
$380,870
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$216,450

Purchase Details

Closed on
Sep 5, 2018
Sold by
Rss Properties Llc
Bought by
Linn Street Duplex Llc

Purchase Details

Closed on
Dec 12, 2012
Sold by
Sells Robert R
Bought by
Rss Properties Llc

Purchase Details

Closed on
Feb 1, 2012
Sold by
Griffith Harlan Dean
Bought by
Sells Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 1998
Sold by
Miller Tobin M and Miller Crystal M
Bought by
Penton James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,801
Interest Rate
7.16%
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
Gillet Alexander Landon $566,500 Lawyers Title
Linn Street Duplex Llc -- None Available
Rss Properties Llc -- None Available
Sells Robert R $260,000 Fatco
Penton James E $130,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillet Alexander Landon $424,875
Previous Owner Sells Robert R $195,000
Previous Owner Penton James E $105,801
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2021 03/09/21 Sold $566,500 +3.0% $363 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $550,000 -- $353 / 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 $6,033 $225,500 -- --
2023 $6,033 $218,940 $0 $0
2022 $5,676 $212,570 $0 $0
2021 $5,580 $206,380 $0 $0
2020 $5,119 $200,370 $0 $0
2019 $4,931 $194,540 $0 $0
2018 $4,786 $188,880 $0 $0
2017 $4,587 $183,380 $0 $0
2016 $4,198 $178,040 $0 $0
2015 $4,088 $172,860 $0 $0
2014 $4,026 $167,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21118451

Regional Multiple Listing Service (RMLS)

APN: R268160