NOT LISTED FOR SALE

2516 NE 14th Ave Unit 2518 Portland, OR 97212

Irvington Neighborhood

Estimated Value: $723,000 - $855,000

4 Beds
2 Baths
2,940 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $710,000 $241 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,820/month

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Level Lot
  • Irvington Elementary School Rated 10

About This Home

As of April 2018

Fantastic Irvington duplex, ready for new owners. This side-by-side duplex in the heart of Irvington offers many different opportunities. Solid rental history with current tenants, if looking for turnkey investment. Fantastic schools with Irvington Elementary, and Grant High School. Close to lots of options for restaurants and shopping, and a quick jaunt to Lloyd Center or downtown. A lot to love here. Schedule a showing! (HES=3)

Last Agent to Sell the Property

Devin Arthurs

Works Real Estate License #201208016 Listed on: 03/29/2018

Works Real Estate

Last Buyer's Agent

Julie Jarvis

RE/MAX Equity Group License #201211476

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,840

Year Built

  • Built in 1920

Lot Details

  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 2,940 Sq Ft Home
  • Composition Roof
  • Vinyl Siding

Unfinished Basement

  • Partial Basement
  • Basement Storage

Schools

  • Irvington Elementary School
  • Grant High School

Utilities

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

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R188599

Community Details

Overview

  • 2 Units
  • Irvington Subdivision

Building Details

  • Operating Expense $12,198
  • Gross Income $38,190
  • Net Operating Income $25,992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,840

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1920
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Detached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Irvington
  • High School: Grant

Lot Info

  • Zoning: R5A
  • Parcel #: R188599

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.72
  • Annual Gross Income: 38190.0
  • Property Net Operating Income: 25992.0
  • Annual Operating Expense: 12198.0

Tax Info

  • Tax Annual Amount: 4839.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2021
Sold by
Triplett David and Triplett Yi
Bought by
Triplett David E and Triplett Yi H
Current Estimated Value
$788,938

Purchase Details

Listed on
Mar 29, 2018
Closed on
Apr 12, 2018
Sold by
Dsc Properties Llc
Bought by
Triplett David and Triplett Yi
Seller's Agent
Devin Arthurs
Works Real Estate
Buyer's Agent
Julie Jarvis
RE/MAX Equity Group
List Price
$715,000
Sold Price
$710,000
Premium/Discount to List
-$5,000
-0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%

Purchase Details

Closed on
Apr 18, 2011
Sold by
Yabuki Delbert D
Bought by
Yabuki Delbert D and Yabuki Sue A

Purchase Details

Closed on
Nov 25, 2008
Sold by
Yabuki Dick S
Bought by
Yabuki Dick S and Yabuki Survivors Trust
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
Triplett David E -- None Available
Triplett David $710,000 Chicago Title
Yabuki Delbert D -- None Available
Yabuki Dick S -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $710,000 -0.7% $241 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $715,000 -- $243 / 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
2024 $6,365 $237,910 -- --
2023 $6,121 $230,990 $0 $0
2022 $5,989 $224,270 $0 $0
2021 $5,887 $217,740 $0 $0
2020 $5,401 $211,400 $0 $0
2019 $5,202 $205,250 $0 $0
2018 $5,049 $199,280 $0 $0
2017 $4,840 $193,480 $0 $0
2016 $4,429 $187,850 $0 $0
2015 $4,313 $182,380 $0 $0
2014 $4,248 $177,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Devin Arthurs

    Seller's Agent in 2018

    Devin Arthurs

    Works Real Estate

    (971) 300-8337

    69 Total Sales

    Devin Arthurs
    Section Image

  • J

    Buyer's Agent in 2018

    Julie Jarvis

    RE/MAX

    (503) 626-4600

    97 Total Sales

    Julie Jarvis
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18576707

Regional Multiple Listing Service (RMLS)

APN: R188599

Oregon Multnomah County Portland 97212 Irvington

2516 NE 14th Ave Unit 2518, Portland, OR

This home is located at 2516 NE 14th Ave Unit 2518, Portland, OR 97212 since 29 March 2018 and is currently estimated at $788,938, approximately $268 per square foot. This property was built in 1920. 2516 NE 14th Ave Unit 2518 is a home located in Multnomah County with nearby schools including Irvington Elementary School, Harriet Tubman Middle School, and Jefferson High School.

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