NOT LISTED FOR SALE

16930 SE Pine St Unit 16932 Portland, OR 97233

Rockwood Neighborhood

Estimated Value: $453,000 - $588,000

2 Beds
2 Baths
2,400 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $340,000 $142 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,207/month

5 Days on Market

About This Home

As of December 2020

Incredible investment opportunity with history of positive cash flow. Roof is 2 years old. Easy access to public transportation, shops, restaurants, PDX and the airport.

Last Agent to Sell the Property

Marc Fox

Keller Williams Realty Portland Premiere License #200508221 Listed on: 10/28/2020

Keller Williams Realty Portland Premiere

Co-Listed By

Brandon Fox

Keller Williams Premier Partners License #201215454

Last Buyer's Agent

Rob Young

Legacy Realty Group License #871100150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,701

Year Built

  • Built in 1979

Lot Details

  • 7,928

Parking

  • Garage

Home Design

  • Plywood Siding Panel T1-11

Kitchen

  • Range
  • Dishwasher
  • Disposal

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes electricity, trash collection, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,701

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1979
  • Remarks Public: Incredible investment opportunity with history of positive cash flow. Roof is 2 years old. Easy access to public transportation, shops, restaurants, PDX and the airport.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SEGO PARK, BLOCK 1, LOT 3

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range

Schools

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

Lot Info

  • Zoning: TLDR

Rental Info

  • Rent Includes: Electricity, Trash Collection, Sewer

Tax Info

  • Tax Amount: 3629.18
  • Assessor Parcel Number: R266692
  • Tax Year: 2019

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.21

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
Dec 20, 2021
Sold by
Young Robert L and Young Heidi R
Bought by
Young Kelsey J
Current Estimated Value
$517,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,306
Outstanding Balance
$434,253
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$83,416

Purchase Details

Closed on
Feb 18, 2021
Sold by
Young Robert L and Young Heidi R
Bought by
Young Robert L and Young Heidi R

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 17, 2020
Sold by
Wise Mathew
Bought by
Young Robert Leroy and Young Heidi Rochelle
Seller's Agent
Marc Fox
Keller Williams Realty Portland Premiere
Buyer's Agent
Rob Young
Legacy Realty Group
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$245,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 1, 2016
Closed on
Feb 4, 2016
Sold by
Jensen Christopher J
Bought by
Wise Mathew
Seller's Agent
Patrick Fry
Pacific Pioneer Real Estate
Buyer's Agent
Nick Rossi
Keller Williams Realty Portland Elite
List Price
$249,000
Sold Price
$244,000
Premium/Discount to List
-$5,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Jun 10, 1997
Sold by
Bilyeu Chad Nelson
Bought by
Jensen Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.98%
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
Young Kelsey J $480,000 First American
Young Robert L -- None Available
Young Robert Leroy $340,000 First American
Wise Mathew $244,000 First American
Jensen Christopher J $190,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Kelsey J $471,306
Previous Owner Young Robert Leroy $245,000
Previous Owner Jensen Christopher J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $340,000 -2.8% $142 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $349,900 +43.4% $146 / Sq Ft
02/22/2016 02/22/16 Sold $244,000 -2.0% $102 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $249,000 -- $104 / 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 $4,701 $251,400 -- --
2023 $4,254 $244,080 $0 $0
2022 $4,149 $236,980 $0 $0
2021 $4,047 $230,080 $0 $0
2020 $3,786 $223,380 $0 $0
2019 $3,629 $216,880 $0 $0
2018 $3,593 $210,570 $0 $0
2017 $3,477 $204,440 $0 $0
2016 $3,326 $198,490 $0 $0
2015 $3,229 $192,710 $0 $0
2014 $3,120 $187,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20297941

Regional Multiple Listing Service (RMLS)

APN: R266692