NOT LISTED FOR SALE

17312 E Burnside St Unit 17314 Portland, OR 97233

Rockwood Neighborhood

Estimated Value: $510,000 - $575,000

6 Beds
6 Baths
2,294 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $515,000 $224 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,339/month

4 Days on Market

Highlights

  • Security System Owned
  • 1-minute walk to E 172Nd
  • Level Lot
  • 4 Car Garage
  • High Speed Internet
  • Wood Siding

About This Home

As of August 2023

Opportunity knocks on this investment property! New roof, gutters, exterior paint and one newly refreshed unit with all new carpet and paint. Each of these spacious units has 3 bedrooms and 2.5 bathrooms. All bedrooms are upstairs and have vaulted ceilings. Larger primary bedroom with private bathroom. Laundry rooms in each unit on the main floor in the half bathrooms. Living rooms have gas fireplaces and are open to the dining area and kitchen. Glass sliding doors take you to the back yard which is partially fenced and has a divider between units. Attached garages for parking or storage. Each unit has parking for 2 cars in addition to the garage parking. Conveniently located on a flag lot with a walk score of 72 and a bike score of 84! Minutes to shopping, parks, restaurants and transit routes.

Last Agent to Sell the Property

Michael Bouldin

Real Broker License #201217278 Listed on: 07/06/2023

Real Broker

Last Buyer's Agent

Sarah Stanfill

Realty Pro Oregon LLC. License #201246415

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1995

Lot Details

  • Level Lot
  • Flag Lot

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,294 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Home Security

  • Security System Owned
  • Security Lights

Schools

  • Hartley Elementary School
  • Reynolds Middle School
  • Reynolds High School

Utilities

  • No Cooling
  • Wall Furnace
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R321751

Community Details

Overview

  • 2 Units
  • Rockwood Subdivision

Building Details

  • Operating Expense $8,011
  • Gross Income $13,440
  • Net Operating Income $5,429

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,898

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1995
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding,T111Siding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: FlagLot, Level
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Internet Service Type: Cable,Satellite
  • Security: SecurityLights, SecuritySystemOwned
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hartley
  • High School: Reynolds
  • Middle Or Junior School: Reynolds

Lot Info

  • Zoning: SC
  • Parcel #: R321751

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4897.78

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 39.06
  • Annual Gross Income: 13440.0
  • Property Net Operating Income: 5429.0
  • Annual Operating Expense: 8011.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 11, 2023
Sold by
Rosenblatt Raphael T and Morgenstern David M
Bought by
Rosenblatt Raphael T
Seller's Agent
Michael Bouldin
Real Broker
Buyer's Agent
Sarah Stanfill
Realty Pro Oregon LLC.
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
87
Current Estimated Value
$544,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,613
Avg. Annual Appreciation
2.03%
Original Mortgage
$386,250
Outstanding Balance
$377,667
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$159,799

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 10, 2023
Sold by
Cohen Michael A
Bought by
M Cohen Trust and Cohen
Seller's Agent
Michael Bouldin
Real Broker
Buyer's Agent
Sarah Stanfill
Realty Pro Oregon LLC.
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$377,667
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$159,799

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 9, 2023
Sold by
Craig Ronna V and Craig David M
Bought by
Sullivan Christine Hiroko and Sullivan Kevin Peter
Seller's Agent
Michael Bouldin
Real Broker
Buyer's Agent
Sarah Stanfill
Realty Pro Oregon LLC.
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$377,667
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$159,799

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 2, 2023
Sold by
Minizewski Gary S and Minizewski Gloria A
Bought by
Faasch-Miniszewski Revocable Trust and Minizewski
Seller's Agent
Michael Bouldin
Real Broker
Buyer's Agent
Sarah Stanfill
Realty Pro Oregon LLC.
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$377,667
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$159,799

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 1, 2023
Sold by
Rosenblatt Raphael T
Bought by
Raphael T Rosenblatt Family Trust and Rosenblatt
Seller's Agent
Michael Bouldin
Real Broker
Buyer's Agent
Sarah Stanfill
Realty Pro Oregon LLC.
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$377,667
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$159,799

Purchase Details

Listed on
Jul 6, 2023
Closed on
Jul 25, 2023
Sold by
Greer Alex J
Bought by
Elhamady Ahmed Moustafa
Seller's Agent
Michael Bouldin
Real Broker
Buyer's Agent
Sarah Stanfill
Realty Pro Oregon LLC.
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$377,667
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$159,799

Purchase Details

Listed on
Jul 6, 2023
Closed on
Jul 17, 2023
Sold by
Agbonze Prince R
Bought by
Prince Roland Agbonze Revocable Living Trust and Agbonze
Seller's Agent
Michael Bouldin
Real Broker
Buyer's Agent
Sarah Stanfill
Realty Pro Oregon LLC.
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$377,667
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$159,799

Purchase Details

Listed on
Jul 6, 2023
Closed on
Jun 16, 2023
Sold by
Tucker Chloe S
Bought by
Neumann Andrew J
Seller's Agent
Michael Bouldin
Real Broker
Buyer's Agent
Sarah Stanfill
Realty Pro Oregon LLC.
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$377,667
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$159,799

Purchase Details

Listed on
Aug 13, 2015
Closed on
Sep 30, 2015
Sold by
Anderson Alva W
Bought by
Greer Alex J
Seller's Agent
Mark Trunk
RE/MAX Equity Group
Buyer's Agent
Mark Trunk
RE/MAX Equity Group
List Price
$279,900
Sold Price
$279,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$223,920
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2007
Sold by
Anderson Mark A
Bought by
Anderson Alva W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 2004
Sold by
Bergemann Chris T
Bought by
Anderson Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 24, 1997
Sold by
Taylor Thomas D and Taylor Karen L
Bought by
Bergemann Chris T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
7.23%
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
Rosenblatt Raphael T -- None Listed On Document
M Cohen Trust -- None Listed On Document
Choudhary Zain $150,000 None Listed On Document
Sullivan Christine Hiroko $615,000 Chicago Title
Faasch-Miniszewski Revocable Trust -- None Listed On Document
Raphael T Rosenblatt Family Trust -- None Listed On Document
Elhamady Ahmed Moustafa $515,000 Fidelity National Title
Prince Roland Agbonze Revocable Living Trust -- None Listed On Document
Neumann Andrew J -- First American Title
Greer Alex J $279,900 Stewart Title
Anderson Alva W $301,000 First American Title Insuran
Anderson Mark A $240,000 Fidelity Natl Title Co Of Or
Bergemann Chris T $201,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elhamady Ahmed Moustafa $386,250
Previous Owner Greer Alex J $223,920
Previous Owner Anderson Alva W $180,000
Previous Owner Anderson Mark A $192,000
Previous Owner Bergemann Chris T $160,800
Closed Anderson Mark A $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $515,000 -1.9% $224 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $525,000 +87.6% $229 / Sq Ft
10/14/2015 10/14/15 Sold $279,900 0.0% $122 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $279,900 -- $122 / 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 $5,550 $296,760 -- --
2023 $5,550 $288,120 $0 $0
2022 $4,898 $279,730 $0 $0
2021 $4,777 $271,590 $0 $0
2020 $4,469 $263,680 $0 $0
2019 $4,284 $256,000 $0 $0
2018 $4,241 $248,550 $0 $0
2017 $4,104 $241,320 $0 $0
2016 $3,926 $234,300 $0 $0
2015 $3,812 $227,480 $0 $0
2014 $3,683 $220,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23554989

Regional Multiple Listing Service (RMLS)

APN: R321751