NOT LISTED FOR SALE

16927 NE Glisan St Unit 16937 Portland, OR 97230

Wilkes East Neighborhood

Estimated Value: $876,000 - $1,124,000

12 Beds
6 Baths
6,384 Sq Ft
$149/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $812,500 $127 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,940/month

35 Days on Market

Highlights

  • Deck
  • Views
  • Wood Siding
  • Fireplace
  • Landscaped with Trees
  • 4-minute walk to Pat Pfeifer Park

About This Home

As of November 2016

Three nicely updated duplexes on a large .64 acre lot, in the quiet Wilkes East Neighborhood. A short walk to MAX light rail. Serene area with many tall trees. Spacious apartments have 2 bedrooms and are 1064 sq ft. Apartments include new vinyl windows, new roofs, fireplaces, new durable wood grained laminate flooring, and new fencing. Zoning allows up to 15 units. Easily room for another 4 plex. Verify with city. Reliable cash flow.

Last Agent to Sell the Property

David DeFauw

Oregon First License #920100096 Listed on: 08/05/2016

Oregon First

Last Buyer's Agent

Harlan Mayer

RealEstatePDX.com License #200305257

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,523

Year Built

  • Built in 1978

Lot Details

  • Flag Lot
  • Landscaped with Trees

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dishwasher
  • Property Views

Additional Features

  • Deck
  • Electric Water Heater

Community Details

  • 6 Units
  • Property managed by Grid Property Management

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,523

Year Built

Built in 1978

Lot Details

0

Parking

12

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 6384
  • Stories: 2
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Daylight
  • Legal Description: VERDANTA, N 189' & E 25' OF LOT 43 EXC PT IN ST

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 12
  • Parking Description: Assigned, Paved

Utilities

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

Condo/Co-op/Association

  • Management Name: Grid Property Management
  • Common Amenities: Commons
  • Unit Features: Deck, Dishwasher, Fireplace, Refrigerator

Schools

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

Lot Info

  • Lot Description: Trees, Light Rail, Flag Lot
  • Zoning: CMF

Tax Info

  • Tax Amount: 7207.72
  • Assessor Parcel Number: R294020

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 12.86

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2025
Sold by
M R Winston Llc
Bought by
Fir Grove Condos Llc
Current Estimated Value
$951,282

Purchase Details

Listed on
Aug 5, 2016
Closed on
Oct 31, 2016
Sold by
Defauw David A
Bought by
Mr Winston Llc
Seller's Agent
David DeFauw
Oregon First
Buyer's Agent
Harlan Mayer
RealEstatePDX.com
List Price
$897,000
Sold Price
$812,500
Premium/Discount to List
-$84,500
-9.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$500,000
Interest Rate
3.42%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 13, 2011
Sold by
Premierwest Bank
Bought by
Defauw David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2011
Sold by
Mahaffy John F
Bought by
Premierwest Bank

Purchase Details

Closed on
Nov 29, 2005
Sold by
Mahaffy John F
Bought by
Home Port Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2005
Sold by
Mcentire Teresa Jane
Bought by
Mahaffy John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.07%
Mortgage Type
Commercial
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
Fir Grove Condos Llc $900,000 Old Republic Title
Mr Winston Llc $812,500 First American
Defauw David -- Wfg Title
Premierwest Bank $333,079 None Available
Home Port Inc -- --
Mahaffy John F $480,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mr Winston Llc $500,000
Previous Owner Defauw David $273,000
Previous Owner Mahaffy John F $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2016 11/01/16 Sold $812,500 -9.4% $127 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $897,000 -- $141 / 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 $10,523 $562,670 -- --
2023 $10,523 $546,290 $0 $0
2022 $9,286 $530,380 $0 $0
2021 $9,057 $514,940 $0 $0
2020 $8,473 $499,950 $0 $0
2019 $8,122 $485,390 $0 $0
2018 $8,040 $471,260 $0 $0
2017 $7,781 $457,540 $0 $0
2016 $7,443 $444,220 $0 $0
2015 $7,208 $431,290 $0 $0
2014 $6,983 $418,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16579465

Regional Multiple Listing Service (RMLS)

APN: R294020