NOT LISTED FOR SALE

16415 SE Ormae Rd Portland, OR 97267

Estimated Value: $635,000 - $675,000

5 Beds
2.5 Baths
2,577 Sq Ft
$254/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $508,000 $197 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,991/month

102 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • Wood Flooring
  • Den
  • Craftsman Architecture
  • No HOA
  • Stainless Steel Appliances

About This Home

As of January 2020

Beautiful new construction home in desirable McNary neighborhood. Large lot with area for fire pit or play structure. Home features quartz counters and custom tile back splash and master shower. Hardwood floors throughout entire main floor. main floor office has closet and is being counted as 5th bedroom. Sellers related to listing agent.

Last Agent to Sell the Property

Sara Pool

RCI Homes LLC License #200504544 Listed on: 09/03/2019

Last Buyer's Agent

Kimberlee Teske

Element Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 7,840 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Cultured Stone Exterior

Interior Spaces

  • 2,577 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Soaking Tub

Schools

  • Bilquist Elementary School
  • Putnam High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 05031973

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,474

Year Built

Built in 2019 | Newly Remodeled

Lot Details

7,840 Sq Ft Lot

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Warranty: BuilderWarranty
  • Year Built: 2019
  • Property Condition: NewConstruction
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Craftsman
  • New Construction: Yes
  • Property Attached Yn: No
  • Current Price For Status: 508000.0
  • Open House: No
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: GarageDoorOpener, HardwoodFloors, SoakingTub, Sprinkler
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: Laundry
  • Room 5 Level: Main
  • Room 6 Description: Den
  • Room 6 Level: Main
  • Appliances: Dishwasher, Disposal, GasAppliances, Island, Pantry, PlumbedForIceMaker, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt7000to9999
  • Additional Room 10 Level: Upper
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,CulturedStone,LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Home Warranty: Yes
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: AirConditioningReady
  • Cooling Y N: No
  • Heating: ForcedAir, ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Bilquist
  • High School: Putnam

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.0
  • Parcel #: 05031973

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 1474.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2026
Sold by
Elder Seth W
Bought by
Elder Family Trust and Elder
Current Estimated Value
$654,226

Purchase Details

Listed on
Sep 3, 2019
Closed on
Jan 16, 2020
Sold by
Rci Homes Llc
Bought by
Elder Seth W
Seller's Agent
Sara Pool
RCI Homes LLC
Buyer's Agent
Kimberlee Teske
Element Realty LLC
List Price
$529,950
Sold Price
$508,000
Premium/Discount to List
-$21,950
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$482,600
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records
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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
Elder Family Trust -- None Listed On Document
Elder Seth W $508,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elder Seth W $482,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $508,000 +1.6% $197 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
11/20/2019 11/20/19 Price Changed $499,950 -2.0% $194 / Sq Ft
11/01/2019 11/01/19 Price Changed $509,950 -1.9% $198 / Sq Ft
10/01/2019 10/01/19 Price Changed $519,950 -1.9% $202 / Sq Ft
09/03/2019 09/03/19 For Sale $529,950 -- $206 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $6,599 $364,388 -- --
2024 $6,366 $353,775 -- --
2023 $6,366 $343,471 -- --
2022 $6,586 $333,467 $0 $0
2021 $6,348 $323,755 $0 $0
2020 $6,142 $314,326 $0 $0
2019 $4,590 $231,867 $0 $0
2018 $1,474 $81,999 $0 $0
2017 $854 $47,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19375479

Regional Multiple Listing Service (RMLS)

APN: 05031973

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