NOT LISTED FOR SALE

21 SW Bancroft St Portland, OR 97239

Council Crest Neighborhood

Estimated Value: $521,000 - $777,000

12 Beds
12 Baths
1,674 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $850,000 $508 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $3,843/month

13 Days on Market

Highlights

  • Storage
  • Parking Storage or Cabinetry
  • Wood Siding
  • Ainsworth Elementary School Rated A-
  • Level Lot

About This Home

As of May 2015

This is a unique opportunity to acquire an investment property with re-development potential near the VA Hospital, OHSU, PSU and downtown Portland. There are currently 6 rental units on site consisting of a 2 Br, 1 Ba SFR home, a 2 Br, 2 Ba MFG home and a 4 Plex w/ea. unit offering 2 Bd 1 1/2 Ba. Seller is also the original owner of the adjacent single family home, which also offers income potential and will be listed on or about Feb.5

Last Agent to Sell the Property

Timothy Morgan

Cascade Hasson Sotheby's International Realty License #911000219 Listed on: 01/23/2015

Cascade Hasson Sotheby's International Realty

Co-Listed By

Randy Rutherford

Equity Pacific Real Estate LLC License #940800272

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,401

Year Built

  • Built in 1966

Lot Details

  • 4,617

Home Design

  • Wood Siding

Interior Spaces

  • Storage
  • Basement Storage
  • Range

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Assigned Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,401

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Year Built: 1966
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, Partial Basement
  • Legal Description: PORTLAND HMSTD, BLOCK 7 TL 3400
  • Storage: Garage(s), Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Gravity

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Range, Storage, Unfurnished

Schools

  • Elementary School: Ainsworth
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Lot Description: Level
  • Zoning: R2

Tax Info

  • Tax Amount: 10389.05
  • Assessor Parcel Number: R247646

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 22.49

MLS Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle School: West Sylvan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2004
Sold by
Dufresne Jennifer
Bought by
Dufresne Richard
Current Estimated Value
$622,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 17, 2003
Sold by
Dufresne Jennifer
Bought by
Dufresne Jennifer and Dufresne Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1999
Sold by
Bussanich Julie
Bought by
Porter Jennifer and Dufresne Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,283
Interest Rate
6.79%
Mortgage Type
FHA
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
Dufresne Richard -- Ticor Title Insurance Compan
Dufresne Jennifer -- Ticor Title Insurance Compan
Porter Jennifer $145,249 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dufresne Richard $310,000
Closed Dufresne Richard $70,000
Closed Dufresne Richard $46,000
Closed Dufresne Richard $195,000
Closed Dufresne Rich A $24,000
Closed Dufresne Richard $180,000
Closed Dufresne Jennifer $145,000
Closed Porter Jennifer $144,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2015 05/08/15 Sold $850,000 0.0% $508 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $850,000 -- $508 / 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 $5,401 $204,020 $0 $0
2022 $5,284 $198,080 $0 $0
2021 $5,195 $192,320 $0 $0
2020 $4,765 $186,720 $0 $0
2019 $4,590 $181,290 $0 $0
2018 $4,455 $176,010 $0 $0
2017 $4,270 $170,890 $0 $0
2016 $3,908 $165,920 $0 $0
2015 $3,805 $161,090 $0 $0
2014 $3,748 $156,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Morgan

    Seller's Agent in 2015

    Timothy Morgan

    Cascade Hasson Sotheby's International Realty

    (503) 789-4339

    22 Total Sales

    Timothy Morgan
    Section Image

  • R

    Seller Co-Listing Agent in 2015

    Randy Rutherford

    Equity Pacific Real Estate LLC

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15054724

Regional Multiple Listing Service (RMLS)

APN: R247632

Oregon Multnomah County Portland 97239 Council Crest

21 SW Bancroft St, Portland, OR

This home is located at 21 SW Bancroft St, Portland, OR 97239 since 23 January 2015 and is currently estimated at $622,692, approximately $371 per square foot. This property was built in 1966. 21 SW Bancroft St is a home located in Multnomah County with nearby schools including Ainsworth Elementary School, West Sylvan Middle School, and Lincoln High School.

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