Seller's Agent in 2025
Stephanie Peck
eXp Realty, LLC
(503) 832-0180
3 in this area
396 Total Sales
16253 NE Fargo St Unit 16255 Portland, OR 97230
Wilkes Neighborhood
4
Beds
4
Baths
1,904
Sq Ft
7,840
Sq Ft Lot
Highlights
- Corner Lot
- Baseboard Heating
- Wood Siding
- Attached Garage
- Green Certified Home
About This Home
As of May 2025This 2-unit duplex is a hidden gem with solid cash flow! Each unit features:2 Bedrooms, 1.5 Bathrooms. Two Levels for extra space. Stable, Long-Term Tenants on a month to month. Good-sized, fenced backyards – perfect for pets or entertaining. This property offers immediate rental income and room for value-add improvements to increase equity. Whether you're a seasoned investor or looking to start your real estate portfolio, this duplex is a fantastic opportunity! Don't Miss Out! Contact us today for more details. Interior inspection available with an accepted offer. Please do not disturb tenants. [Home Energy Score = 4. HES Report at ]
Last Agent to Sell the Property
eXp Realty, LLC Brokerage Phone: 503-832-0180 License #200708180 Listed on: 02/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,627
Year Built
- Built in 1979
Lot Details
- 7,840 Sq Ft Lot
- Corner Lot
Home Design
- Composition Roof
- Wood Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- Attached Garage
- Driveway
Schools
- Margaret Scott Elementary School
- H.B. Lee Middle School
- Reynolds High School
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Electric Water Heater
Additional Features
- 2-Story Property
- Green Certified Home
Listing and Financial Details
- Rent includes trashcollection, water
- Assessor Parcel Number R180657
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $2,360
- Gross Income $35,400
- Net Operating Income $10,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2025
Closed on
May 27, 2025
Sold by
Waggener Lloyd N and Waggener Sara E
Bought by
Jimenez Ernestina Victoria
Seller's Agent
Stephanie Peck
eXp Realty, LLC
Buyer's Agent
Benson Bui
Real Broker
List Price
$465,000
Sold Price
$445,000
Premium/Discount to List
-$20,000
-4.3%
Views
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,138
Avg. Annual Appreciation
1.03%
Original Mortgage
$360,000
Outstanding Balance
$359,388
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$86,750
Purchase Details
Closed on
Mar 15, 2019
Sold by
Estate Of David Beryl Jacobsen
Bought by
Waggener Lloyd N and Waggener Sara E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,700
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2015
Sold by
Jacobsen David Beryl
Bought by
Jacobsen David Beryl and Waggener Sara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 2, 2008
Sold by
Jacobsen David Beryl
Bought by
Jacobsen David Beryl
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $445,000 | Chicago Title | |
| Deed | -- | Old Republic Title | |
| Interfamily Deed Transfer | -- | Chicago Title Company Of Or | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | New Conventional | |
| Previous Owner | $245,700 | New Conventional | |
| Previous Owner | $101,500 | Credit Line Revolving | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $445,000 | -4.3% | $234 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | For Sale | $465,000 | 0.0% | $244 / Sq Ft |
| 02/14/2025 02/14/25 | Pending | -- | -- | -- |
| 02/07/2025 02/07/25 | For Sale | $465,000 | -- | $244 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $5,627 | $246,060 | -- | -- |
| 2023 | $5,627 | $238,900 | $0 | $0 |
| 2022 | $5,326 | $231,950 | $0 | $0 |
| 2021 | $5,257 | $225,200 | $0 | $0 |
| 2020 | $4,745 | $218,650 | $0 | $0 |
| 2019 | $4,504 | $212,290 | $0 | $0 |
| 2018 | $4,462 | $206,110 | $0 | $0 |
| 2017 | $4,303 | $200,110 | $0 | $0 |
| 2016 | $4,102 | $194,290 | $0 | $0 |
| 2015 | $3,723 | $188,640 | $0 | $0 |
| 2014 | $3,647 | $183,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Peck
-
Michelle Woster
Seller Co-Listing Agent in 2025
Michelle Woster
eXp Realty, LLC
(503) 343-4014
1 in this area
87 Total Sales
-
Benson Bui
Buyer's Agent in 2025
Benson Bui
Real Broker
(503) 966-3439
2 in this area
58 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 569109373
APN: R180657
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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