$585,000
SOLD JUN 28, 2021

1645 N Killingsworth St Unit 1649 Portland, OR 97217

Overlook Neighborhood
-- Bed
-- Bath
1,748 Sq Ft
5,184 Sq Ft Lot

Recently Sold

$335 Per Sq Ft

55% Below List Price

29 Days on Market

Highlights

  • Baseboard Heating
  • 2-minute walk to N Killingsworth
  • 1-Story Property
  • Beach Elementary School Rated A-
  • Wood Siding
  • 4-minute walk to Patton Square Park

About This Home

As of June 2021

40's triplex with 1 bedroom units. Hardwood floors, retro kitchens and eating areas. Convenient location in the Overlook neighborhood. Just blocks to MAX/light rail, shops and restaurants. Must be sold with 1653-1657 N. Killingsworth (MLS#: 21120253). Two separate tax lots. Can be financed separately. Zoned CM2. Amazing future development potential on this commercially zoned corner lot! DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Rambo Halpern

Premiere Property Group, LLC License #200310218 Listed on: 04/23/2021

Co-Listed By

Ayumi Yanome

Premiere Property Group, LLC License #201234499

Last Buyer's Agent

Rex Buchanan

Opt License #200204427

Opt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,471

Year Built

  • Built in 1944 | Remodeled

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,748 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Beach Elementary School
  • Ockley Green Middle School
  • Roosevelt High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R176459

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $22,062
  • Gross Income $35,141
  • Net Operating Income $20,619

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,471

Year Built

Built in 1944 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1944
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • High School2: Roosevelt
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Disclosures: Disclosure

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Beach
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: CM2
  • Parcel #: R176459

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 3471.34

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 17.07
  • Annual Gross Income: 35141.0
  • Property Net Operating Income: 20619.0
  • Annual Operating Expense: 22062.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Scott Suzanna M and Scott Richard J
Bought by
Sprauer Daniel P and Sprauer Cheryrl J
Current Estimated Value
$638,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Outstanding Balance
$421,591
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$217,222

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 25, 2021
Sold by
Urban Forms Llc
Bought by
Scott Suzanna M and Scott Richard J
Seller's Agent
Rambo Halpern
Premiere Property Group, LLC
Buyer's Agent
Rex Buchanan
Opt
List Price
$1,299,800
Sold Price
$585,000
Premium/Discount to List
-$714,800
-54.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Original Mortgage
$437,400
Interest Rate
2.9%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $612,000 First American
Warranty Deed $583,200 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $459,000 New Conventional
Previous Owner $437,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $585,000 -2.5% $335 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/12/2021 05/12/21 Price Changed $599,900 -53.8% $343 / Sq Ft
04/23/2021 04/23/21 For Sale $1,299,800 +173.6% $744 / Sq Ft
04/12/2019 04/12/19 Sold $475,000 -5.0% $272 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $499,950 -- $286 / 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 $4,091 $152,910 -- --
2023 $3,934 $148,460 $0 $0
2022 $3,849 $144,140 $0 $0
2021 $3,784 $139,950 $0 $0
2020 $3,471 $135,880 $0 $0
2019 $3,344 $131,930 $0 $0
2018 $3,246 $128,090 $0 $0
2017 $3,111 $124,360 $0 $0
2016 $2,847 $120,740 $0 $0
2015 $2,772 $117,230 $0 $0
2014 $2,730 $113,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21014241

Regional Multiple Listing Service (RMLS)

APN: R176459