NOT LISTED FOR SALE

2266 SE Torbank Rd Milwaukie, OR 97222

Estimated Value: $477,000 - $525,772

3 Beds
1 Bath
1,818 Sq Ft
$277/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $488,000 $268 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,123/month

70 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Skylights
  • Private Lot
  • Cottage
  • Mini Split Air Conditioners

About This Home

As of August 2023

Welcome to your dream opportunity in the Oak Grove neighborhood of Milwaukie! A world of endless possibilities awaits. The huge .37 acre lot provides ample room for new development, such as a cottage cluster, 4-plex or ADU (buyer to confirm with county). Visualize expansions, additions, or even the creation of an outdoor oasis. Just across the Trolley trail from Kellogg Creek, the peaceful, private lot has unobstructed southern exposure, a blank canvas with all the quiet and tranquility of nature in the city. The charming home has an all-new kitchen with high-end appliances and is ready to be vaulted to create an airy space above. Two main floor bedrooms with an updated bathroom has tile and even a towel heater. The second bathroom has been gutted, and all utilities are in place for an easy transformation. Skylights and an exterior entrance in the large vaulted family room add to the natural light. All new mini-split HVAC, new wiring, and electrical panel. Located at the end of a dead-end road and bordering the Trolley Trail, a 6-mile community treasure takes you directly to downtown Milwaukie with cool amenities like tap rooms, wine bars, retail, a farmers' market, as well as the lovely waterfront area. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10199759]

Last Agent to Sell the Property

Natalie Strom

Like Kind Realty License #201217486 Listed on: 06/02/2023

Last Buyer's Agent

Edward Borg

MORE Realty License #201251947

MORE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,175

Year Built

  • Built in 1950

Lot Details

  • 0.36 Acre Lot
  • Private Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Cottage
  • Fixer Upper
  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,818 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Crawl Space

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • RV Access or Parking

Schools

  • Oak Grove Elementary School
  • Alder Creek Middle School
  • Putnam High School

Utilities

  • Mini Split Air Conditioners
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Mini Split Heat Pump

Additional Features

  • Green Certified Home
  • Shed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00182983

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,175

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1950
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 12 Features: Fireplace
  • Room 13 Features: Skylight
  • Room 7 Features: CeilingFan
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, LaminateFlooring, TileFloor
  • Room 4 Description: UtilityRoom
  • Room 4 Features: Bathroom
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Window Features: VinylFrames
  • Appliances: Dishwasher, FreeStandingGasRange, FreeStandingRefrigerator, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt15000to19999
  • Other Room10 Area: 323
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 342
  • Bedroom 7 Area: 110
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 110
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: LapSiding
  • Exterior Features: RVParking, ToolShed
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking
  • View: No
  • Lot Features: Level, Private, Trees
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No

Utilities

  • Energy Efficiency Features: MiniSplit
  • Fuel Description: Electricity,Gas
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Oak Grove
  • High School: Putnam
  • Middle Or Junior School: Alder Creek

Lot Info

  • Farm: No
  • Lot Size Acres: 0.36
  • Lot Size Sq Ft: 15681.0
  • Parcel #: 00182983

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4174.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Apr 22, 2022
Sold by
Ashlee Rasco
Bought by
Andersson Rebecca and Halli Daniel
Seller's Agent
Breylan Deal-Eriksen
Think Real Estate
Buyer's Agent
Rykie Kelly
Think Real Estate
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$503,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,943
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Apr 23, 2007
Sold by
Tinat Gaetano G
Bought by
Tinat Ashlee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,150
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 14, 1999
Sold by
Higgins Robert A and Higgins Carol F
Bought by
Tinat Gaetano G and Tinat Ashlee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
7.4%
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
Andersson Rebecca $430,000 Chicago Title
Tinat Gaetano $430,000 Chicago Title
Tinat Ashlee D $50,000 Chicago Title Insurance Co
Tinat Gaetano G $137,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tinat Ashlee D $50,000
Previous Owner Tinat Ashlee D $213,400
Previous Owner Tinat Ashlee D $25,000
Previous Owner Tinat Ashlee D $172,000
Previous Owner Tinat Ashlee D $12,150
Previous Owner Tinat Ashlee D $170,100
Previous Owner Tinat Gaetano G $132,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $488,000 -0.2% $268 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $489,000 +13.7% $269 / Sq Ft
04/22/2022 04/22/22 Sold $430,000 +1.2% $237 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $425,000 -- $234 / 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 $4,539 $232,883 $0 $0
2022 $4,175 $226,100 $0 $0
2021 $4,023 $219,515 $0 $0
2020 $3,475 $189,786 $0 $0
2019 $3,426 $184,259 $0 $0
2018 $3,000 $178,892 $0 $0
2017 $2,905 $173,682 $0 $0
2016 $2,802 $168,623 $0 $0
2015 $2,723 $163,712 $0 $0
2014 $2,574 $158,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23562866

Regional Multiple Listing Service (RMLS)

APN: 00182983