NOT LISTED FOR SALE

1653 N Killingsworth St Unit 1657 Portland, OR 97217

Overlook Neighborhood

Estimated Value: $574,488 - $643,000

3 Beds
3 Baths
1,748 Sq Ft
$352/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $585,000 $335 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,585/month

29 Days on Market

Highlights

  • Baseboard Heating
  • 2-minute walk to N Killingsworth
  • 1-Story Property
  • Beach Elementary School Rated 9+
  • 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 1645-49 N. Killingsworth (MLS#: 21014241). 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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

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 R176458

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
  • Current Price For Status: 585000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 3
  • 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 #: R176458

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

Listed on
Apr 23, 2021
Closed on
Aug 3, 2021
Sold by
Scott Suzanna M and Scott Richard J
Bought by
Jam Kw Properties Llc
Seller's Agent
Rambo Halpern
Premiere Property Group, LLC
Buyer's Agent
Rex Buchanan
Opt
List Price
$649,900
Sold Price
$585,000
Premium/Discount to List
-$64,900
-9.99%
Current Estimated Value
$614,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,872
Avg. Annual Appreciation
1.12%
Original Mortgage
$438,750
Interest Rate
2.9%
Mortgage Type
New Conventional

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
$649,900
Sold Price
$585,000
Premium/Discount to List
-$64,900
-9.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2001
Sold by
Johnson James R
Bought by
Johnson James R and Johnson Avril P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jam Kw Properties Llc -- None Available
Scott Suzanna M $585,000 First American
Johnson James R -- Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Suzanna M $438,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 -7.7% $343 / Sq Ft
04/23/2021 04/23/21 For Sale $649,900 +36.8% $372 / Sq Ft
04/12/2019 04/12/19 Sold $475,000 -5.0% $272 / Sq Ft View Prior Sale
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
2025 $4,244 $157,490 -- --
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

  • Rambo Halpern

    Seller's Agent in 2021

    Rambo Halpern

    Premiere Property Group, LLC

    (503) 473-4127

    3 in this area

    56 Total Sales

    Rambo Halpern
    Section Image
  • Ayumi Yanome

    Seller Co-Listing Agent in 2021

    Ayumi Yanome

    Premiere Property Group, LLC

    (503) 473-4126

    2 in this area

    39 Total Sales

    Ayumi Yanome
    Section Image
  • Rex Buchanan

    Buyer's Agent in 2021

    Rex Buchanan

    Opt

    (503) 484-8739

    3 in this area

    101 Total Sales

    Rex Buchanan
    Section Image

  • M

    Seller's Agent in 2019

    Mark Farrell

    Farrell Realty & Property Management, Inc

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21120253

Regional Multiple Listing Service (RMLS)

APN: R176458

Oregon Multnomah County Portland 97217 Overlook

1653 N Killingsworth St Unit 1657, Portland, OR

Not Listed for Sale

MultiFamily

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