NOT LISTED FOR SALE

2210 SE Ellis St Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $615,579 - $675,000

-- Bed
3 Baths
1,896 Sq Ft
$336/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $600,000 $316 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,989/month

Highlights

  • No HOA
  • Green Certified Home
  • Level Lot
  • Llewellyn Elementary School Rated A-
  • High Speed Internet
  • Lap Siding

About This Home

As of May 2024

Calling all buyers that have dreams of investing! This duplex is the perfect house hack and your way to get into the world of investing with turn key rental located near everything in this Sellwood/Westmoreland neighborhood. Dead end street in a very walkable/bikeable neighborhood that offers a modern open concept living space on the main floor and 2 bedrooms, bathroom and laundry space upstairs. The fresh and clean interior needs nothing. Patio space allows for a small garden and privacy to sit out and enjoy the sunshine. Dead end street, plenty of street parking, close to hwy 99 and very convenient to get anywhere.

Last Agent to Sell the Property

Andrew McKay

eXp Realty LLC License #201230278 Listed on: 04/25/2024

eXp Realty LLC

Last Buyer's Agent

Jackelyne Melgarejo

Knipe Realty ERA Powered License #201238322

Knipe Realty ERA Powered

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,204

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Stem Wall Foundation
  • Shingle Roof
  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,896 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Eco-Friendly Details

  • Green Certified Home

Schools

  • Llewellyn Elementary School
  • Sellwood Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • No Heating
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R600362

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Westmoreland / Sellwood Subdivision
  • Property managed by 24/7 Properties

Building Details

  • Operating Expense $13,624
  • Gross Income $35,438
  • Net Operating Income $21,813

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,204

Year Built

Built in 2008 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2008
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter, StemWall
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Energy Efficiency Features: DoublePaneWindows,InsulationandCeilingInsulation,PartialWallInsulation
  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Internet Service Type: Cable
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: 24/7 Properties
  • Association: No

Schools

  • Elementary School: Llewellyn
  • High School: Cleveland
  • Middle Or Junior School: Sellwood

Lot Info

  • Zoning: RH
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178.0
  • Parcel #: R600362

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 6203.61

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.79
  • Annual Gross Income: 35438.0
  • Property Net Operating Income: 21813.0
  • Annual Operating Expense: 13624.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 17, 2024
Sold by
Feringa Lisa D
Bought by
Paredes Jorge Melgarejo and Vidal Flor
Seller's Agent
Andrew McKay
eXp Realty LLC
Buyer's Agent
Jackelyne Melgarejo
Knipe Realty ERA Powered
List Price
$595,000
Sold Price
$600,000
Premium/Discount to List
$5,000
0.84%
Views
5
Current Estimated Value
$634,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,142
Avg. Annual Appreciation
3.78%
Original Mortgage
$480,000
Outstanding Balance
$475,386
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$152,425

Purchase Details

Closed on
Nov 17, 2014
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Feringa Lisa D and Feriga Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2014
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 23, 2014
Sold by
Klepper Ken A
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 30, 2008
Sold by
Ground Breakers Const & Development Inc
Bought by
Klepper Ken A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,125
Interest Rate
5.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Paredes Jorge Melgarejo $600,000 Lawyers Title
Feringa Lisa D $310,000 Lawyers Title
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na -- None Available
Klepper Ken A $285,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paredes Jorge Melgarejo $480,000
Previous Owner Feringa Lisa D $232,500
Previous Owner Klepper Ken A $279,125
Previous Owner Ground Breakers Const & Development Inc $633,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $600,000 +0.8% $316 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $595,000 -0.8% $314 / Sq Ft
04/25/2024 04/25/24 Off Market $600,000 -- --
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 $6,204 $234,110 $0 $0
2022 $6,069 $227,300 $0 $0
2021 $5,967 $220,680 $0 $0
2020 $5,474 $214,260 $0 $0
2019 $5,272 $208,020 $0 $0
2018 $5,118 $201,970 $0 $0
2017 $4,905 $196,090 $0 $0
2016 $4,489 $190,380 $0 $0
2015 $4,371 $184,840 $0 $0
2014 $4,305 $179,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew McKay

    Seller's Agent in 2024

    Andrew McKay

    eXp Realty LLC

    (503) 482-0500

    1 in this area

    58 Total Sales

    Section Image
  • Jackelyne Melgarejo

    Buyer's Agent in 2024

    Jackelyne Melgarejo

    Knipe Realty ERA Powered

    (503) 260-3886

    2 in this area

    61 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24319156

Regional Multiple Listing Service (RMLS)

APN: R600362

Oregon Multnomah County Portland 97202 Sellwood

2210 SE Ellis St, Portland, OR

This home is located at 2210 SE Ellis St, Portland, OR 97202 since 25 April 2024 and is currently estimated at $637,145, approximately $336 per square foot. This property was built in 2008. 2210 SE Ellis St is a home located in Multnomah County with nearby schools including Llewellyn Elementary School, Sellwood Middle School, and Cleveland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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