NOT LISTED FOR SALE

1644 SE Rex St Unit 1648 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $720,000 - $983,000

4 Beds
3 Baths
4,312 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $486,000 $113 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,357/month

8 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Washer and Dryer
  • Llewellyn Elementary School Rated A-
  • Garage
  • 1-Story Property

About This Home

As of February 2014

Well maintained mid century duplex with unfin basements in Sellwood-Moreland. Possible owner occupant situation with an updated kitchen and attached two car garage in unit to the west. Blocks to coffee and businesses in hub of Westmoreland.

Last Agent to Sell the Property

Christina Hamilton

RE/MAX Equity Group License #891200289 Listed on: 01/16/2014

RE/MAX Equity Group

Last Buyer's Agent

Sharilyn Benjamin

RE/MAX Equity Group License #970900114

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,824

Year Built

  • Built in 1960

Lot Details

  • Corner Lot

Parking

  • Garage

Home Design

  • Block Exterior
  • Cedar

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Window Treatments
  • Basement Storage
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,824

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 4312
  • Stories: 1
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Unfinished
  • Legal Description: CITY VIEW PK ADD & NO 2, BLOCK 18, LOT 1
  • Storage: Basement

Exterior Features

  • Exterior Description: Block, Cedar
  • Lot Size: 5,000 to 6,999 SqFt

Garage/Parking

  • Parking Description: Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator, Washer/Dryer, Window Coverings

Schools

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

Lot Info

  • Lot Description: Corner
  • Zoning: CS

Tax Info

  • Tax Amount: 5428.32
  • Assessor Parcel Number: R134655

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2014
Sold by
Nelson Marianne
Bought by
Nelson Thomas and Nelson Marianne
Current Estimated Value
$871,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Outstanding Balance
$188,594
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$683,180

Purchase Details

Listed on
Jan 16, 2014
Closed on
Feb 11, 2014
Sold by
Rex Street Properties Llc
Bought by
Nelson Marianne
Seller's Agent
Christina Hamilton
RE/MAX Equity Group
Buyer's Agent
Sharilyn Benjamin
RE/MAX Equity Group
List Price
$495,000
Sold Price
$486,000
Premium/Discount to List
-$9,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
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
Nelson Thomas -- Lawyers Title
Nelson Marianne $486,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Thomas $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $486,000 -1.8% $113 / Sq Ft
01/24/2014 01/24/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $495,000 -- $115 / 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 $8,824 $329,820 -- --
2023 $8,485 $320,220 $0 $0
2022 $8,302 $310,900 $0 $0
2021 $8,161 $301,850 $0 $0
2020 $7,487 $293,060 $0 $0
2019 $7,212 $284,530 $0 $0
2018 $7,000 $276,250 $0 $0
2017 $6,709 $268,210 $0 $0
2016 $6,140 $260,400 $0 $0
2015 $5,979 $252,820 $0 $0
2014 $5,888 $245,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14150842

Regional Multiple Listing Service (RMLS)

APN: R134655