NOT LISTED FOR SALE

1636 SE Tacoma St Unit 1638 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $487,000 - $627,000

4 Beds
2 Baths
1,560 Sq Ft
$362/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $527,000 $338 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,427/month

Highlights

  • Gentle Sloping Lot
  • Lap Siding
  • 1-Story Property
  • Duniway Elementary School Rated 9+

About This Home

As of August 2021

Rare one level Ranch style duplex. Excellent location, walk to Sellwood amenities. New exterior paint, roof and vinyl fencing 2021. Newer pavers and appliances. One unit laminate/tile, other unit carpet/vinyl. Two private covered patios accessed from sliding doors. Garden space near front doors. Units are separated by fencing and gates. Walk Score 91, Bike Score 86. Commercial Mixed Use Zoning. On bus line.

Last Agent to Sell the Property

Elise Campbell

Oregon First License #980400079 Listed on: 07/10/2021

Oregon First

Last Buyer's Agent

David Axness

Axness & Kofman Real Estate License #980800066

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,151

Year Built

  • Built in 1969

Lot Details

  • 5,009

Home Design

  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Security Lights
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Parking

  • Paved Parking
  • Open Parking

Additional Features

  • Gentle Sloping Lot
  • 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

$5,151

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: Existing
  • Remarks Public: Rare one level Ranch style duplex. Excellent location, walk to Sellwood amenities. New exterior paint, roof and vinyl fencing 2021. Newer pavers and appliances. One unit laminate/tile, other unit carpet/vinyl. Two private covered patios accessed from sliding doors. Garden space near front doors. Units are separated by fencing and gates. Walk Score 91, Bike Score 86. Commercial Mixed Use Zoning. On bus line.
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SELLWOOD, BLOCK 76, LOT 15
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open, Paved

Utilities

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

Association/Amenities

  • Amenities Supplement: No

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: Gentle Sloping
  • Zoning: CM
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 1
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10193074
  • Green Verification HES Year: 2021

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4370.60
  • Assessor Parcel Number: R267578
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.58

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Aug 9, 2021
Sold by
Rivers Edge Properties Llc
Bought by
Finzer Michael
Seller's Agent
Elise Campbell
Oregon First
Buyer's Agent
David Axness
Axness & Kofman Real Estate
List Price
$509,000
Sold Price
$527,000
Premium/Discount to List
$18,000
3.54%
Current Estimated Value
$565,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,459
Avg. Annual Appreciation
1.72%
Original Mortgage
$395,250
Outstanding Balance
$359,405
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$206,054

Purchase Details

Closed on
Feb 28, 2006
Sold by
Swainson Wanda K
Bought by
Rivers Edge Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 3, 2004
Sold by
Lort Bret A
Bought by
Swainson Wanda K and Wanda K Swainson Trust

Purchase Details

Closed on
Jun 13, 2003
Sold by
Simpson Marvin
Bought by
Lort Bret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2001
Sold by
Simpson Cindy A
Bought by
Simpson Marvin and Simpson Cindy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
10.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2001
Sold by
Simpson Dorothy Margaret
Bought by
Simpson Cindy A and Simpson Dorothy Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
11.62%
Mortgage Type
Purchase Money Mortgage
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
Finzer Michael $527,000 Wfg Title
Rivers Edge Properties Llc -- Accommodation
Swainson Wanda K -- First American
Swainson Wanda K $200,000 First American Title Insuran
Lort Bret A $176,000 First American
Simpson Marvin -- Fidelity National Title Co
Simpson Cindy A -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finzer Michael $395,250
Previous Owner Swainson Wanda K $150,000
Previous Owner Lort Bret A $140,800
Previous Owner Simpson Marvin $142,000
Previous Owner Simpson Cindy A $116,250
Closed Lort Bret A $35,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $527,000 +3.5% $338 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $509,000 -- $326 / 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 $5,151 $192,530 -- --
2023 $4,953 $186,930 $0 $0
2022 $4,846 $181,490 $0 $0
2021 $4,764 $176,210 $0 $0
2020 $4,371 $171,080 $0 $0
2019 $4,210 $166,100 $0 $0
2018 $4,086 $161,270 $0 $0
2017 $3,917 $156,580 $0 $0
2016 $3,584 $152,020 $0 $0
2015 $3,490 $147,600 $0 $0
2014 $3,438 $143,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elise Campbell

    Seller's Agent in 2021

    Elise Campbell

    Oregon First

    (503) 307-1353

    1 in this area

    14 Total Sales

    Elise Campbell
    Section Image
  • David Axness

    Buyer's Agent in 2021

    David Axness

    Axness & Kofman Real Estate

    (503) 314-9567

    1 in this area

    131 Total Sales

    David Axness
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21671796

Regional Multiple Listing Service (RMLS)

APN: R267578

Oregon Multnomah County Portland 97202 Sellwood

1636 SE Tacoma St Unit 1638, Portland, OR

This home is located at 1636 SE Tacoma St Unit 1638, Portland, OR 97202 since 10 July 2021 and is currently estimated at $565,459, approximately $362 per square foot. This property was built in 1969. 1636 SE Tacoma St Unit 1638 is a home located in Multnomah County with nearby schools including Duniway Elementary School, Sellwood Middle School, and Cleveland High School.

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