NOT LISTED FOR SALE

2215 NE 16th Ave Unit 2217 Portland, OR 97212

Irvington Neighborhood

Estimated Value: $731,000 - $939,000

4 Beds
2 Baths
2,548 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 20, 2021

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

Est. 1% increase in value since last sale

Current estimated payment $5,529/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
Total Days on Market
4
Current Estimated Value
$832,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,264
Avg. Annual Appreciation
-0.02%
Original Mortgage
$701,250
Outstanding Balance
$645,851
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$178,477

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

Similar Homes in Portland, OR

  • 432 NE Dekum St, Portland, OR 97211

    $890,000

    • 3 Beds
    • 3 Baths
    • 3,250 Sq Ft
    • 432 NE Dekum St
    • Portland, OR

    Calling all entrepreneurs, investors and creative thinkers? this is the spot for you. Zoned CM2 and positioned on a corner lot this three unit rental is ready for your vision. Currently used as a duplex with fully rented salon outbuilding with separate meters. The ground work has been done for more income revenue with a fully permitted space for a food cart, tiny home, or a commercial kitchen if

    Israel Hill John L. Scott Portland Central

    Section Image
  • 2536 NE Hoyt St Unit 2540, Portland, OR 97232

    $700,000

    • 5 Beds
    • 3 Baths
    • 2,194 Sq Ft
    • 2536 NE Hoyt St
    • Unit 2540
    • Portland, OR

    Check out the location of this triplex with incredible upside for your next investor. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. This triplex can be purchased with the identical triplex right next door - both on separate tax lots - for a total of 6 units. Both off street and on street parking. Some recent updates in the

    Chris Suarez Keller Williams Sunset Corridor

    Section Image
  • 2544 NE Hoyt St Unit 2548, Portland, OR 97232

    $700,000

    • 5 Beds
    • 3 Baths
    • 2,194 Sq Ft
    • 2544 NE Hoyt St
    • Unit 2548
    • Portland, OR

    Check out the location of this triplex with incredible upside for your next investor. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. This triplex can be purchased with the identical triplex right next door - both on separate tax lots - for a total of 6 units. Both off street and on street parking. Some recent updates in the

    Chris Suarez Keller Williams Sunset Corridor

    Section Image
  • 2953 NE Glisan St, Portland, OR 97232

    $750,000

    • 3 Beds
    • 3 Baths
    • 2953 NE Glisan St
    • Portland, OR

    Fabulous location. Zoned CM2. Great opportunity. Would make a great owner occupied property. Occupy a unit and use another for a business and still have another rental? just some ideas. New roof, newer windows. Why Portland's Kerns is the coolest neighborhood in America right nowTime Out's on-the-ground experts named this supremely charming and walkable neighborhood the country's best.

    Martha Peterson Oregon First

    Section Image
  • 1904 SE Alder St, Portland, OR 97214

    $625,000

    • 4 Beds
    • 2 Baths
    • 3,448 Sq Ft
    • 1904 SE Alder St
    • Portland, OR

    Rare Buchman Duplex on Corner Lot! A great investment opportunity situated in the heart of the vibrant Buchman community, just blocks from Colonel Summers Park and the best of Belmont, Morrison & Hawthorne. Built in 1909 with the classic architecture of its time, this elegant beauty is ready to immediately host new tenants or renovate to enhance the numbers. Included are 2 units, each with 2

    Peter Dillenburger Cascade Hasson Sotheby's International Realty

    Section Image
  • 5420 NE 13th Ave, Portland, OR 97211

    $725,000

    • 4 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 5420 NE 13th Ave
    • Portland, OR

    Charming 1948 duplex in the desirable Vernon neighborhood, offering two units each with 2 bedrooms and 1 bathroom, one of the bedrooms located on the main floor. Each unit features 800 sq ft of living space, with a partially finished basement providing ample storage or potential for expansion. Situated on a 5,000 sq ft lot, the property includes a built-in garage and off-street parking.

    Jacqueline Smith Keller Williams Premier Partners

    Section Image
  • 1804 SE Madison St Unit 1806, Portland, OR 97214

    $850,000

    • 4 Beds
    • 2 Baths
    • 3,906 Sq Ft
    • 1804 SE Madison St
    • Unit 1806
    • Portland, OR

    One of a kind duplex built in 1904 on a beautiful tree lined street in the Buckman neighborhood. The seller has been upgrading and repairing this property for the past 16 years including a new roof in 2024. The main level features hardwood floors, built-ins & beautiful vintage woodwork. The upstairs unit is huge with 3 bedrooms and a finished attic with all kinds of flex space. There is a full

    Brian Porter Opt

    Section Image
  • 5337-5339 NE 33rd Ave, Portland, OR 97211

    $809,000

    • 6 Beds
    • 3 Baths
    • 5337-5339 NE 33rd Ave
    • Portland, OR

    This 1909 (duplex home) blends historic charm with modern comfort. A striking stone entry porch with an elegant entry pergola welcomes you, leading to restored beveled half-light doors and original diamond-patterned decorative windows. Inside, the home showcases original and custom period-style cabinetry and built-ins, a spacious living and dining area with a dormer window, and beautifully

    Gary Potts John L Scott Portland SW

    Section Image
  • 4515 N Montana Ave Unit 4525, Portland, OR 97217

    $729,900

    • 2 Beds
    • 2 Baths
    • 2,250 Sq Ft
    • 4515 N Montana Ave
    • Unit 4525
    • Portland, OR

    Investor Alert! Exceptional opportunity to own a well-maintained 4-plex in the highly sought-after Overlook neighborhood of North Portland. Each spacious, single-level unit offers 1 bed, 1 bath with comfortable living and thoughtful updates, quality finishes, and strong rental appeal. Tenants enjoy generous floor plans, private entrances, and a beautifully landscaped shared outdoor space—perfect

    Darryl Bodle Keller Williams Realty Portland Premiere

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21129976

Regional Multiple Listing Service (RMLS)

APN: R188536