NOT LISTED FOR SALE

16421 NE Russell St Unit 16427 Portland, OR 97230

Wilkes East Neighborhood

Estimated Value: $706,000 - $1,127,000

8 Beds
8 Baths
5,248 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 07, 2013

Last sale price $430,000 $82 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $6,002/month

30 Days on Market

Highlights

  • Deck
  • Garage
  • Level Lot
  • Fireplace

About This Home

As of March 2013

Fabulous property, great neighborhood! 4 Garages plus 4 assigned parking, plus street pkg. Washer/dryer hookups, decks off dining, wood firepl, panty, huge living rm, easy-care vinyl siding, tile roof, class act! Very 'house-like' - great for owner-occupant!

Last Agent to Sell the Property

Tracey Branche

Oregon First License #200207007 Listed on: 12/17/2012

Last Buyer's Agent

Ranya Blatchford

Jones Group Realtors, LLC License #890700040

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,611

Year Built

  • Built in 1989

Lot Details

  • 0.32

Parking

  • Garage
  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dishwasher

Additional Features

  • Deck
  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,611

Year Built

Built in 1989

Lot Details

0

Parking

8

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 5248
  • Stories: 2
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Daylight
  • Legal Description: SANDSTONE, BLOCK 7, LOT 6
  • Storage: Garage(s)

Exterior Features

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

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Assigned, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Fireplace, Washer/Dryer Hookup

Schools

  • Elementary School: Wilkes
  • High School: Reynolds

Lot Info

  • Lot Description: Level
  • Zoning: 101 Res

Tax Info

  • Tax Amount: 6806.30
  • Assessor Parcel Number: R265589

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.28

MLS Schools

  • Elementary School: Wilkes
  • High School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2012
Closed on
Feb 27, 2013
Sold by
Warmstone Llc
Bought by
Newmann Roger M and Newman Dorris J
Seller's Agent
Tracey Branche
Oregon First
Buyer's Agent
Ranya Blatchford
Jones Group Realtors, LLC
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%
Total Days on Market
30
Current Estimated Value
$964,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,345
Avg. Annual Appreciation
5.34%
Original Mortgage
$241,200
Outstanding Balance
$174,365
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$639,829

Purchase Details

Closed on
Mar 16, 2011
Sold by
Maclin Lynn
Bought by
Warmstone Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2011
Sold by
Conger Brad L
Bought by
Maclin Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2010
Sold by
Conger Susan
Bought by
Conger Brad L

Purchase Details

Closed on
Jul 18, 2006
Sold by
Conger Brad L
Bought by
Conger Brad L and Conger Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 6, 2005
Sold by
Wells Janet J
Bought by
Conger Brad L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,800
Interest Rate
5.74%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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
Newmann Roger M $410,000 First American
Warmstone Llc -- None Available
Maclin Lynn $340,000 Ticor Title
Conger Brad L -- Accommodation
Conger Brad L -- Accommodation
Conger Brad L $529,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newmann Roger M $241,200
Previous Owner Maclin Lynn $255,000
Previous Owner Conger Brad L $103,000
Previous Owner Conger Brad L $105,800
Previous Owner Conger Brad L $423,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2013 03/07/13 Sold $430,000 -4.2% $82 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $449,000 -- $86 / 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
2023 $10,611 $608,770 $0 $0
2022 $10,349 $591,040 $0 $0
2021 $10,093 $573,830 $0 $0
2020 $9,442 $557,120 $0 $0
2019 $9,051 $540,900 $0 $0
2018 $8,960 $525,150 $0 $0
2017 $8,670 $509,860 $0 $0
2016 $8,294 $495,010 $0 $0
2015 $8,054 $480,600 $0 $0
2014 $7,781 $466,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12561122

Regional Multiple Listing Service (RMLS)

APN: R265589