NOT LISTED FOR SALE

2006 SE Marion St Unit 2008 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $507,000 - $610,000

4 Beds
2 Baths
1,620 Sq Ft
$341/Sq Ft Est. Value

Last Sold March 13, 2013

Last sale price $230,000 $142 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,489/month

256 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • 2-minute walk to Johnson Creek Park
  • Duniway Elementary School Rated 9+
  • 1-Story Property

About This Home

As of March 2013

Well priced duplex in highly sough after Sellwood neighborhood. Property has excellent rental history and relatively low expenses. New roof in 2011. Good access to public transportation, shopping, restaurants and just 1/2 block from Johnson Creek Park. Short Sale.

Last Agent to Sell the Property

George Coutts

RE/MAX Equity Group License #870900124 Listed on: 03/27/2012

RE/MAX Equity Group

Last Buyer's Agent

Loren Masters

Premiere Property Group, LLC License #201009057

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,685

Year Built

  • Built in 1982

Lot Details

  • 5,009

Parking

  • Paved Parking
  • Open Parking

Interior Spaces

  • 1-Story Property
  • Fireplace

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Call LA

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,685

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1620
  • Stories: 1
  • Year Built: 1982
  • Year Built Description: Approximately
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: SELLWOOD, BLOCK 102, LOT 17

Exterior Features

  • Exterior Description: Aluminum
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Open, Paved

Utilities

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

Condo/Co-op/Association

  • Management Name: Call LA
  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Schools

  • Elementary School: Duniway
  • Middle School: Sellwood
  • High School: Cleveland

Lot Info

  • Lot Description: Level
  • Zoning: R2

Tax Info

  • Tax Amount: 3504.91
  • Assessor Parcel Number: R267994

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.05

MLS Schools

  • Elementary School: Duniway
  • High School: Cleveland
  • Middle School: Sellwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2012
Closed on
Mar 10, 2013
Sold by
Ramin Mark
Bought by
Depue Sylvia W
Seller's Agent
George Coutts
RE/MAX Equity Group
Buyer's Agent
Loren Masters
Premiere Property Group, LLC
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$552,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,996
Avg. Annual Appreciation
7.22%
Original Mortgage
$172,500
Outstanding Balance
$121,674
Interest Rate
3.53%
Mortgage Type
New Conventional
Estimated Equity
$431,323

Purchase Details

Closed on
Dec 30, 2006
Sold by
Ramin Mark
Bought by
Ramin Mark and Ramin Avid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 24, 2005
Sold by
Ramin Mark
Bought by
Ramin Mark and Ramin Avid

Purchase Details

Closed on
Apr 10, 2005
Sold by
Richley Michael A
Bought by
Ramin Mark and Ramin Avid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,600
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 1, 2003
Sold by
Richley Michael
Bought by
Richley Michael and Richley Katie

Purchase Details

Closed on
Oct 15, 2001
Sold by
Rickley Elizabeth L
Bought by
Richley Michael A

Purchase Details

Closed on
May 26, 2000
Sold by
Mee Lee Denis
Bought by
Richley Michael A and Richley Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,076
Interest Rate
8.18%
Mortgage Type
FHA
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
Depue Sylvia W $230,000 Ticor Title
Ramin Mark -- Stewart
Ramin Mark -- --
Ramin Mark $248,518 Fidelity National Title Co
Richley Michael -- --
Richley Michael A $7,500 --
Richley Michael A $139,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depue Sylvia W $172,500
Previous Owner Ramin Mark $228,000
Previous Owner Ramin Mark $198,600
Previous Owner Richley Michael A $138,076
Closed Ramin Mark $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2013 03/13/13 Sold $230,000 0.0% $142 / Sq Ft
12/08/2012 12/08/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $230,000 -- $142 / 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 $6,685 $249,870 -- --
2023 $6,429 $242,600 $0 $0
2022 $6,289 $235,540 $0 $0
2021 $6,183 $228,680 $0 $0
2020 $5,672 $222,020 $0 $0
2019 $5,464 $215,560 $0 $0
2018 $5,303 $209,290 $0 $0
2017 $5,083 $203,200 $0 $0
2016 $4,652 $197,290 $0 $0
2015 $4,530 $191,550 $0 $0
2014 $4,461 $185,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • George Coutts

    Seller's Agent in 2013

    George Coutts

    RE/MAX

    (503) 495-3287

    18 Total Sales

    George Coutts
    Section Image

  • L

    Buyer's Agent in 2013

    Loren Masters

    Premiere Property Group, LLC

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12043919

Regional Multiple Listing Service (RMLS)

APN: R267994

Oregon Multnomah County Portland 97202 Sellwood

2006 SE Marion St Unit 2008, Portland, OR

This home is located at 2006 SE Marion St Unit 2008, Portland, OR 97202 since 27 March 2012 and is currently estimated at $552,996, approximately $341 per square foot. This property was built in 1982. 2006 SE Marion St Unit 2008 is a home located in Multnomah County with nearby schools including Duniway Elementary School, Sellwood Middle School, and Cleveland High School.

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