NOT LISTED FOR SALE

2215 NE 16th Ave Unit 2217 Portland, OR 97212

Irvington Neighborhood

Estimated Value: $843,000 - $925,174

4 Beds
2 Baths
2,548 Sq Ft
$344/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $825,000 $324 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,689/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • Green Certified Home
  • Wood Siding
  • Irvington Elementary School Rated 10

About This Home

As of August 2021

Irvington Plex makes a fantastic investment or Owner Occ. opportunity! SxS units, Built As = Rare Find! Wood floors, Fireplaces, built-ins.,Priv. bsmts (think:STORAGE & xtra space), W/D, lovely backyard. Tree-lined streets in a historic hood & w/ great amenities for owners or tenants alike. Whether for you or as an investment, this is a great addition to any portfolio or as a place you can call home! Was owner-occupied and the neighborhood and community is A+,along w schools. WELCOME HOME [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192941]

Last Agent to Sell the Property

Kama Dersham

Keller Williams PDX Central License #900600317 Listed on: 07/09/2021

Keller Williams PDX Central

Co-Listed By

Mathew Wray

Keller Williams Realty Portland Premiere License #201206758

Last Buyer's Agent

Tim Walters

RE/MAX Equity Group License #911200096

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,322

Year Built

  • Built in 1924

Lot Details

  • 5,009

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,548 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Eco-Friendly Details

  • Green Certified Home

Schools

  • Irvington Elementary School
  • Harriet Tubman Middle School
  • Jefferson High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R188536

Community Details

Overview

  • 2 Units
  • Irvington Subdivision

Building Details

  • Gross Income $27,000
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,322

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1924
  • Property Condition: Existing
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, StorageSpace
  • Storage: Basement
  • High School2: Jefferson
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Irvington
  • High School: Grant
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Zoning: R5
  • Parcel #: R188536

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 9321.63

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 30.56
  • Annual Gross Income: 27000.0
  • Property Net Operating Income: 27000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 19, 2021
Sold by
Treichel Valerie D
Bought by
Koop Trevor S
Seller's Agent
Kama Dersham
Keller Williams PDX Central
Buyer's Agent
Tim Walters
RE/MAX Equity Group
List Price
$825,000
Sold Price
$825,000
Current Estimated Value
$878,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,482
Avg. Annual Appreciation
2.08%
Original Mortgage
$701,250
Outstanding Balance
$645,851
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$249,468

Purchase Details

Closed on
Oct 27, 1999
Sold by
Daigle Paul B and Edwards Denney Bronwen
Bought by
Norton Don

Purchase Details

Closed on
Oct 27, 1998
Sold by
Oxborrow Kathy
Bought by
Daigle Paul B and Edwards Denney Bronwen

Purchase Details

Closed on
Jul 21, 1995
Sold by
Oxborrow Josephine
Bought by
Oxborrow Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,700
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Koop Trevor S $825,000 Old Republic Title Co Of Or
Norton Don $325,000 Oregon Title Insurance Co
Daigle Paul B $287,560 Oregon Title Insurance Co
Oxborrow Kathy -- Transamerica Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koop Trevor S $701,250
Previous Owner Oxborrow Kathy $62,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $825,000 0.0% $324 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $825,000 -- $324 / 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 $10,565 $398,700 $0 $0
2022 $10,336 $387,090 $0 $0
2021 $10,161 $375,820 $0 $0
2020 $9,322 $364,880 $0 $0
2019 $8,979 $354,260 $0 $0
2018 $8,715 $343,950 $0 $0
2017 $8,353 $333,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21129976

Regional Multiple Listing Service (RMLS)

APN: R188536