Seller's Agent in 2023
Lou Chain
Think Real Estate
(971) 533-1060
2 in this area
65 Total Sales
16351 NE Hoyt St Portland, OR 97230
Wilkes East NeighborhoodEstimated Value: $479,000 - $513,686
3
Beds
2
Baths
1,617
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Greenhouse
- 2 Fireplaces
- Private Yard
- Midcentury Modern Architecture
- Quartz Countertops
- No HOA
About This Home
As of May 2023Charming one-level Mid-Century ranch on a peaceful, well-maintained street. This adorable home features a large, covered back patio and beautifully landscaped yard, complete with a new greenhouse - perfect for outdoor entertaining! Inside, discover all the upgrades you desire: all new plumbing, a new electrical panel and service line, updated bathrooms and kitchen with new appliances. South facing living room windows for max light! This is a fantastic, move-in-ready home you don't want to miss.
Last Agent to Sell the Property
Think Real Estate License #201224342 Listed on: 03/22/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,738
Year Built
- Built in 1957 | Remodeled
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 76 x 107
- Fenced
- Level Lot
- Private Yard
Parking
- 2 Car Attached Garage
- Driveway
- Off-Street Parking
Home Design
- Midcentury Modern Architecture
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,617 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- First Floor Utility Room
- Laundry Room
- Crawl Space
Kitchen
- Built-In Convection Oven
- Cooktop with Range Hood
- Dishwasher
- Stainless Steel Appliances
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Accessibility Features
- Level Entry For Accessibility
- Minimal Steps
- Accessible Parking
Outdoor Features
- Covered Patio or Porch
- Greenhouse
Schools
- Wilkes Elementary School
- H.B. Lee Middle School
- Reynolds High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- High Speed Internet
Community Details
- No Home Owners Association
- Wilkes East Subdivision
Listing and Financial Details
- Assessor Parcel Number R130167
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2023
Closed on
May 1, 2023
Sold by
Smith Sarah
Bought by
Areda Dereje
Seller's Agent
Lou Chain
Think Real Estate
Buyer's Agent
Yosef Abraha
MORE Realty
List Price
$475,000
Sold Price
$525,000
Premium/Discount to List
$50,000
10.53%
Views
46
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
-$33,828
Avg. Annual Appreciation
-2.69%
Original Mortgage
$480,768
Outstanding Balance
$467,473
Interest Rate
6.42%
Mortgage Type
FHA
Estimated Equity
$23,699
Purchase Details
Listed on
Apr 6, 2021
Closed on
May 6, 2021
Sold by
Karam Fares
Bought by
Smith Sarah and Ottley Amber
Seller's Agent
Fares Karam
Premiere Property Group, LLC
Buyer's Agent
Lou Chain
Think Real Estate
List Price
$409,000
Sold Price
$445,000
Premium/Discount to List
$36,000
8.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$335,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 17, 2020
Closed on
Jan 6, 2021
Sold by
Cleveland Sharon R
Bought by
Karam Fares
Seller's Agent
Nick Shivers
Keller Williams PDX Central
Buyer's Agent
Fares Karam
Premiere Property Group, LLC
List Price
$300,000
Sold Price
$310,600
Premium/Discount to List
$10,600
3.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
197.31%
Purchase Details
Closed on
Dec 23, 2004
Sold by
Cleveland Richard M
Bought by
Cleveland Richard M and Cleveland Sharon R
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Areda Dereje | $525,000 | Lawyers Title | |
| Smith Sarah | $445,000 | First American | |
| Karam Fares | $310,600 | Ticor Title Company Of Or | |
| Cleveland Richard M | -- | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Areda Dereje | $480,768 | |
| Previous Owner | Smith Sarah | $335,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2023 05/08/23 | Sold | $525,000 | +10.5% | $325 / Sq Ft | |
| 03/26/2023 03/26/23 | Pending | -- | -- | -- | |
| 03/22/2023 03/22/23 | For Sale | $475,000 | +6.7% | $294 / Sq Ft | |
| 05/07/2021 05/07/21 | Sold | $445,000 | +8.8% | $275 / Sq Ft | View Prior Sale |
| 04/09/2021 04/09/21 | Pending | -- | -- | -- | |
| 04/06/2021 04/06/21 | For Sale | $409,000 | +31.7% | $253 / Sq Ft | |
| 01/08/2021 01/08/21 | Sold | $310,600 | +3.5% | $192 / Sq Ft | View Prior Sale |
| 12/19/2020 12/19/20 | Pending | -- | -- | -- | |
| 12/17/2020 12/17/20 | For Sale | $300,000 | -- | $186 / 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 | $4,236 | $226,490 | -- | -- |
| 2023 | $3,833 | $219,900 | $0 | $0 |
| 2022 | $3,738 | $213,500 | $0 | $0 |
| 2021 | $3,646 | $207,290 | $0 | $0 |
| 2020 | $3,411 | $201,260 | $0 | $0 |
| 2019 | $3,270 | $195,400 | $0 | $0 |
| 2018 | $3,237 | $189,710 | $0 | $0 |
| 2017 | $3,132 | $184,190 | $0 | $0 |
| 2016 | $2,996 | $178,830 | $0 | $0 |
| 2015 | $2,910 | $173,630 | $0 | $0 |
| 2014 | $2,811 | $168,580 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lou Chain
-
Andrew Galler
A
Seller Co-Listing Agent in 2023
Andrew Galler
Realty Works Group
(503) 975-1829
2 in this area
205 Total Sales
-
Yosef Abraha
Buyer's Agent in 2023
Yosef Abraha
MORE Realty
(503) 353-6673
1 in this area
39 Total Sales
-
Fares Karam
Seller's Agent in 2021
Fares Karam
Premiere Property Group, LLC
(503) 810-3019
2 in this area
35 Total Sales
-
Nick Shivers
Seller's Agent in 2021
Nick Shivers
Keller Williams PDX Central
(503) 673-8072
2 in this area
1,290 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23341827
APN: R130167
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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