NOT LISTED FOR SALE

16301 NE Russell St Unit 16307 Portland, OR 97230

Wilkes East Neighborhood

Estimated Value: $733,000 - $958,000

9 Beds
6 Baths
4,384 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $689,000 $157 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,628/month

49 Days on Market

Highlights

  • Fireplace
  • Air Conditioning
  • Level Lot
  • Attached Garage
  • Parking Storage or Cabinetry

About This Home

As of August 2019

Super clean 4 plex in Sandstone neighborhood. There are 3 - 2 bedroom units and an owners unit that offers 3 bedrooms and 2.5 baths. Units offer refrigerator, dishwasher, disposal, range, washer and dryer hook up. Property is nicely maintained and landscaped. All offers subject to interior inspection. Do not disturb tenants.

Last Agent to Sell the Property

Jason Shuler

John L. Scott Sandy License #900500340 Listed on: 05/21/2019

John L. Scott Sandy

Last Buyer's Agent

Jason Shuler

John L. Scott Sandy License #900500340 Listed on: 05/21/2019

John L. Scott Sandy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,762

Year Built

  • Built in 1993

Lot Details

  • Level Lot

Parking

  • Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Plywood Siding Panel T1-11
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,762

Year Built

Built in 1993

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4384
  • Stories: 2
  • Year Built: 1993
  • Property Condition: Approximately
  • Remarks Public: Super clean 4 plex in Sandstone neighborhood. There are 3 - 2 bedroom units and an owners unit that offers 3 bedrooms and 2.5 baths. Units offer refrigerator, dishwasher, disposal, range, washer and dryer hook up. Property is nicely maintained and landscaped. All offers subject to interior inspection. Do not disturb tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SANDSTONE, BLOCK 7, LOT 2
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding, Vinyl Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Tile

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Attached, Garage Door Opener

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Fireplace, Range, Refrigerator, Air Conditioning

Schools

  • Elementary School: Wilkes
  • Middle School: H.B. Lee
  • High School: Reynolds

Lot Info

  • Lot Description: Level
  • Zoning: MDR-24

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 7458.74
  • Assessor Parcel Number: R265584
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.30

MLS Schools

  • Elementary School: Wilkes
  • High School: Reynolds
  • Middle School: H.B. Lee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Aug 20, 2019
Sold by
Bridge Sharon D
Bought by
Century One Properties Llc
Seller's Agent
Jason Shuler
John L. Scott Sandy
Buyer's Agent
Jason Shuler
John L. Scott Sandy
List Price
$749,900
Sold Price
$689,000
Premium/Discount to List
-$60,900
-8.12%
Current Estimated Value
$883,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,461
Avg. Annual Appreciation
4.22%
Original Mortgage
$516,750
Outstanding Balance
$343,574
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$539,887

Purchase Details

Closed on
Jun 25, 2012
Sold by
Bridge Duane K
Bought by
Bridge Duane K and Bridge Sharon D

Purchase Details

Closed on
Jun 13, 1996
Sold by
Dversdal Elwin J
Bought by
Bridge Duane K and Bridge Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,700
Interest Rate
8.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Century One Properties Llc $689,000 First American
Bridge Duane K -- None Available
Bridge Duane K $340,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Century One Properties Llc $516,750
Previous Owner Bridge Duane K $109,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2019 08/21/19 Sold $689,000 -5.0% $157 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
06/21/2019 06/21/19 Price Changed $725,000 -3.3% $165 / Sq Ft
05/21/2019 05/21/19 For Sale $749,900 -- $171 / 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 $9,762 $521,980 -- --
2023 $8,833 $506,780 $0 $0
2022 $8,615 $492,020 $0 $0
2021 $8,402 $477,690 $0 $0
2020 $7,860 $463,780 $0 $0
2019 $7,535 $450,280 $0 $0
2018 $7,459 $437,170 $0 $0
2017 $7,218 $424,440 $0 $0
2016 $6,904 $412,080 $0 $0
2015 $5,811 $350,960 $0 $0
2014 $5,376 $326,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19143439

Regional Multiple Listing Service (RMLS)

APN: R265584