NOT LISTED FOR SALE

1660 NE 169th Ave Portland, OR 97230

Wilkes East Neighborhood

Estimated Value: $838,000 - $1,019,000

6 Beds
6 Baths
5,160 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $765,000 $148 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,938/month

5 Days on Market

Highlights

  • Security System Owned
  • Garage
  • Level Lot
  • Forced Air Heating and Cooling System

About This Home

As of March 2020

Offers in hand. Presenting 2/23/20. Spacious + meticulously maintained 4-plex property. Two 2 beds/2 baths up + Two 1 bed/1 ba down. All units have central air, gas fp, washer + dryers inside units, decks, security systems that tenants may turn on. Large spacious kitchens w/elect ranges, fridges + LOTS of counters+ storage space. Bathrooms have soaking tubs + single vanities. Each unit has one garage parking spot and one assigned outdoor spot. Buyer must close concurrently with MLS#20414833.

Last Agent to Sell the Property

Jeffrey Capen

Windermere Realty Trust License #200308199 Listed on: 02/21/2020

Windermere Realty Trust

Co-Listed By

John McClain

Windermere Realty Trust License #201218259

Last Buyer's Agent

Beth Kellan

Windermere Realty Trust License #200603488

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,744

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 5,160 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Security System Owned

Parking

  • Garage
  • Assigned Parking

Schools

  • Wilkes Elementary School
  • H.B. Lee Middle School
  • Reynolds High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R237328

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $11,724
  • Gross Income $59,844
  • Net Operating Income $48,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,744

Year Built

Built in 1992 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1992
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Security: SecuritySystemOwned
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Wilkes
  • High School: Reynolds
  • Middle Or Junior School: H.B. Lee

Lot Info

  • Zoning: CMF
  • Parcel #: R237328

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 6744.19

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.7
  • Annual Gross Income: 59844.0
  • Property Net Operating Income: 48120.0
  • Annual Operating Expense: 11724.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Mar 12, 2020
Sold by
Foster Property Llc
Bought by
Razzari Timothy F and Razzari Billie K
Seller's Agent
Jeffrey Capen
Windermere Realty Trust
Buyer's Agent
Beth Kellan
Windermere Realty Trust
List Price
$699,900
Sold Price
$765,000
Premium/Discount to List
$65,100
9.3%
Current Estimated Value
$962,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,966
Avg. Annual Appreciation
2.63%

Purchase Details

Listed on
Nov 16, 2015
Closed on
Dec 10, 2015
Sold by
Fleur De Lis Investments Llc
Bought by
Foster Property Llc
Seller's Agent
Ellen Bick
CORE, Realtors
Buyer's Agent
Terry Reede
Reede Realty
List Price
$600,000
Sold Price
$590,000
Premium/Discount to List
-$10,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Dec 22, 2006
Sold by
Ziegler James and Ziegler Kyle
Bought by
Fleur De Lis Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,400
Interest Rate
1.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2004
Sold by
Nelsen David L
Bought by
Ziegler James and Ziegler Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Razzari Timothy F $765,000 Fidelity Natl Ttl Co Of Or
Foster Property Llc $590,000 First American
Fleur De Lis Investments Llc -- Ticor Title Insurance Compan
Ziegler Kyle -- Ticor Title Insurance Compan
Ziegler James $480,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ziegler Kyle $397,400
Previous Owner Ziegler James $384,000
Closed Ziegler James $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2020 03/17/20 Sold $765,000 +9.3% $148 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $699,900 +18.6% $136 / Sq Ft
01/21/2016 01/21/16 Sold $590,000 -1.7% $114 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $600,000 -- $116 / 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 $7,987 $458,220 $0 $0
2022 $7,789 $444,880 $0 $0
2021 $7,597 $431,930 $0 $0
2020 $7,107 $419,350 $0 $0
2019 $6,813 $407,140 $0 $0
2018 $6,744 $395,290 $0 $0
2017 $6,526 $383,780 $0 $0
2016 $6,243 $372,610 $0 $0
2015 $6,062 $361,760 $0 $0
2014 $5,857 $351,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Capen

    Seller's Agent in 2020

    Jeffrey Capen

    Windermere Realty Trust

    (503) 888-5191

    309 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2020

    John McClain

    Windermere Realty Trust

    (360) 931-0160

    173 Total Sales

    Section Image
  • Beth Kellan

    Buyer's Agent in 2020

    Beth Kellan

    Windermere Realty Trust

    (503) 525-6684

    60 Total Sales

    Section Image

  • E

    Seller's Agent in 2016

    Ellen Bick

    CORE, Realtors

    (503) 481-0825

    31 Total Sales

    Section Image

  • T

    Buyer's Agent in 2016

    Terry Reede

    Reede Realty

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20165028

Regional Multiple Listing Service (RMLS)

APN: R237328

Oregon Multnomah County Portland 97230 Wilkes East

1660 NE 169th Ave, Portland, OR

This home is located at 1660 NE 169th Ave, Portland, OR 97230 since 21 February 2020 and is currently estimated at $965,918, approximately $187 per square foot. This property was built in 1992. 1660 NE 169th Ave is a home located in Multnomah County with nearby schools including Wilkes Elementary School, Hauton B Lee Middle School, and Reynolds High School.

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