NOT LISTED FOR SALE

17607 SE Pine St Unit 17609 Portland, OR 97233

Rockwood Neighborhood

Estimated Value: $430,000 - $479,000

4 Beds
2 Baths
2,212 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $346,500 $157 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,897/month

41 Days on Market

Highlights

  • Deck
  • Detached Garage
  • Level Lot

About This Home

As of October 2018

Fantastic CAP Rate! Great Condition! Original Owner of this exceptionally well keep Duplex/income property!Tremendous value in a neighborhood that is coming back to life! Fresh exterior paint, roof covering and landscaping. Spacious outdoor space and plenty of parking. Buyers to check with the City but, there may be room to expand.

Last Agent to Sell the Property

Kevin Smallbeck

RE/MAX Equity Group License #981000145 Listed on: 08/01/2018

RE/MAX Equity Group

Co-Listed By

Michael Shelangoski

RE/MAX Equity Group License #201214581

Last Buyer's Agent

R. GREG KESSINGER

John L Scott Portland SW License #201216390

John L Scott Portland SW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,137

Year Built

  • Built in 1973

Lot Details

  • 7,754

Parking

  • Detached Garage
  • Carport

Home Design

  • Brick Exterior Construction
  • Plywood Siding Panel T1-11

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck
  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,137

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2212
  • Year Built: 1973
  • Remarks Public: Fantastic CAP Rate! Great Condition! Original Owner of this exceptionally well keep Duplex/income property!Tremendous value in a neighborhood that is coming back to life! Fresh exterior paint, roof covering and landscaping. Spacious outdoor space and plenty of parking. Buyers to check with the City but, there may be room to expand.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HERBOWE, BLOCK 1, LOT 2
  • Basement: Finished, Full Basement

Exterior Features

  • Exterior Description: Brick, Plywood
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Flat

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Carport, Detached

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security: Security Lights

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Range, Refrigerator

Schools

  • Elementary School: Hartley
  • High School: Reynolds

Lot Info

  • Lot Description: Level
  • Zoning: SC

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3017.07
  • Assessor Parcel Number: R179126
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.23

MLS Schools

  • Elementary School: Hartley
  • High School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 26, 2018
Sold by
Moe Sally A
Bought by
Davis Antonio and Davis Nedra
Seller's Agent
Kevin Smallbeck
RE/MAX Equity Group
Buyer's Agent
R. GREG KESSINGER
John L Scott Portland SW
List Price
$339,900
Sold Price
$346,500
Premium/Discount to List
$6,600
1.94%
Total Days on Market
41
Current Estimated Value
$456,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,870
Avg. Annual Appreciation
5.51%
Original Mortgage
$340,223
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2003
Sold by
Moe Eileen
Bought by
Moe John T and Moe Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Davis Antonio $346,500 Wfg Title
Moe John T -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Davis Antonio $340,223
Previous Owner Moe John T $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $346,500 +1.9% $157 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $339,900 -- $154 / 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 $4,137 $211,820 $0 $0
2022 $4,662 $205,660 $0 $0
2021 $3,594 $199,670 $0 $0
2020 $3,286 $193,860 $0 $0
2019 $3,150 $188,220 $0 $0
2018 $3,118 $182,740 $0 $0
2017 $3,017 $177,420 $0 $0
2016 $2,886 $172,260 $0 $0
2015 $2,803 $167,250 $0 $0
2014 $2,708 $162,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18167683

Regional Multiple Listing Service (RMLS)

APN: R179126