NOT LISTED FOR SALE

16728 NE Halsey St Unit 16730 Portland, OR 97230

Wilkes East Neighborhood

Estimated Value: $459,000 - $504,000

4 Beds
2 Baths
1,872 Sq Ft
$258/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $430,000 $230 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,075/month

20 Days on Market

Highlights

  • Property is near a bus stop
  • Garage
  • 1-Story Property
  • Baseboard Heating
  • Wood Siding

About This Home

As of October 2021

Perfect Gresham/Rockwood investment opportunity outside of Portland City limits. Potential to live in one side & rent the other. Comfortable floor plan with large fenced yards. Garages are attached with a covered walk way. Long term tenants with solid rental history. Close to many amenities & easy access to transportation.

Last Agent to Sell the Property

Kristina Horning

Premiere Property Group, LLC License #201208749 Listed on: 06/07/2021

Premiere Property Group, LLC

Last Buyer's Agent

Sheldon Doherty

Hardy Properties License #201238525

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1969

Lot Details

  • 9,365

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Location

  • Property is near a bus stop

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R148709

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,400
  • Gross Income $23,400
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,684

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1969
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: OnBusline
  • Road Surface Type: Concrete
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • 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: Wilkes
  • High School: Reynolds
  • Middle Or Junior School: H.B. Lee

Lot Info

  • Zoning: LDR-7
  • Parcel #: R148709

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 3683.99

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.59
  • Annual Gross Income: 23400.0
  • Property Net Operating Income: 20000.0
  • Annual Operating Expense: 3400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Oct 14, 2021
Sold by
Ley John P and Ley Jeffrey W
Bought by
Berning Zachariah John
Seller's Agent
Kristina Horning
Premiere Property Group, LLC
Buyer's Agent
Sheldon Doherty
Hardy Properties
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Current Estimated Value
$492,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,153
Avg. Annual Appreciation
3.11%
Original Mortgage
$422,211
Outstanding Balance
$386,684
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$96,202
Source: Public Records

Range of Values:

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Average Value
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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
Berning Zachariah John $430,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berning Zachariah John $422,211
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $430,000 -1.1% $230 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $435,000 -- $232 / 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 $4,575 $237,510 $0 $0
2022 $4,038 $230,600 $0 $0
2021 $3,938 $223,890 $0 $0
2020 $3,684 $217,370 $0 $0
2019 $3,531 $211,040 $0 $0
2018 $3,496 $204,900 $0 $0
2017 $3,383 $198,940 $0 $0
2016 $3,236 $193,150 $0 $0
2015 $3,143 $187,530 $0 $0
2014 $3,036 $182,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristina Horning

    Seller's Agent in 2021

    Kristina Horning

    Premiere Property Group, LLC

    (503) 523-8556

    1 in this area

    152 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Sheldon Doherty

    Hardy Properties

    (503) 332-8905

    1 in this area

    56 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21512505

Regional Multiple Listing Service (RMLS)

APN: R148709

Oregon Multnomah County Portland 97230 Wilkes East

16728 NE Halsey St Unit 16730, Portland, OR

This home is located at 16728 NE Halsey St Unit 16730, Portland, OR 97230 since 07 June 2021 and is currently estimated at $482,886, approximately $257 per square foot. This property was built in 1969. 16728 NE Halsey St Unit 16730 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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