NOT LISTED FOR SALE

257 N Ivy St Portland, OR 97227

Boise Neighborhood

Estimated Value: $857,000 - $1,004,000

3 Beds
3 Baths
2,893 Sq Ft
$325/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $772,500 $267 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,419/month

75 Days on Market

Highlights

  • Tankless Water Heater
  • Laundry Facilities
  • Level Lot
  • Landscaped with Trees
  • Controlled Entrance
  • Lap Siding

About This Home

As of December 2019

New Price updated Tri-Plex in Boise Elliot. Live in one unit and rent the other 2 or all 3, great investment opportunity set your own market rents. Walkscore 91, Bikescore 99, close to downtown, shops, bars and restaurants. Contact agent for list of updates including newer roof, mini-splits, appliances, flooring, tankless WTR HTR, basement waterproofing. Projected cap rate 5.33.HES: 9 https://rpt.greenbuildingregistry.com/hes/OR10181622

Last Agent to Sell the Property

Christopher Sander

Keller Williams Realty Portland Premiere License #201218720 Listed on: 08/22/2019

Keller Williams Realty Portland Premiere

Last Buyer's Agent

Hannah Novak

Real Broker License #201103007

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 1901

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Controlled Entrance

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar

Interior Spaces

  • 2,893 Sq Ft Home
  • 3-Story Property

Finished Basement

  • Exterior Basement Entry
  • Basement Storage

Schools

  • Boise-Eliot Elementary School
  • Harriet Tubman Middle School
  • Grant High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Mini Split Heat Pump
  • Tankless Water Heater

Listing and Financial Details

  • Rent includes electricity, heat, sewer, trashcollection, water
  • Assessor Parcel Number R102767

Community Details

Overview

  • 3 Units
  • Boise Eliot Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,952

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1901
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, Finished, StorageSpace
  • Storage: Basement
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Cedar,LapSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level, Trees
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Tankless
  • Security: Entry
  • Cooling: Other
  • Cooling Y N: No
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons, Laundry

Schools

  • Elementary School: Boise-Eliot
  • High School: Grant
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Zoning: R1
  • Parcel #: R102767

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Heat, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 2952.46

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Dec 13, 2019
Sold by
Melland Douglas S and Melland Lindsey
Bought by
Knapp Howard and Rudnick Alisa
Seller's Agent
Christopher Sander
Keller Williams Realty Portland Premiere
Buyer's Agent
Hannah Novak
Real Broker
List Price
$799,900
Sold Price
$772,500
Premium/Discount to List
-$27,400
-3.43%
Current Estimated Value
$941,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,867
Avg. Annual Appreciation
3.49%
Original Mortgage
$746,717
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2016
Sold by
Melland Douglas S
Bought by
Melland Douglas S and Melland Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 20, 2016
Closed on
May 10, 2016
Sold by
Equity Trust Company Llc
Bought by
Melland Doug and Melland Lindsey
Seller's Agent
Darryl Bodle
Keller Williams Realty Portland Premiere
Buyer's Agent
Lauren Clark
Neighbors Realty
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Oct 9, 2015
Sold by
Lanning Joe
Bought by
Equity Trust Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2006
Sold by
King Wayne F
Bought by
Lanning Joe and Lanning Trudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,800
Interest Rate
8.95%
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
Knapp Howard $772,500 Lawyers Title
Melland Douglas S -- None Available
Melland Doug $510,000 Fidelity Natl Title Co Of Or
Equity Trust Company Llc $359,000 Fidelity Natl Title Co Of Or
Lanning Joe $329,800 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanpp Howard $740,341
Closed Knapp Howard $746,717
Previous Owner Melland Douglas S $510,000
Previous Owner Equity Trust Company Llc $70,000
Previous Owner Equity Trust Company Llc $60,000
Previous Owner Equity Trust Company Llc $323,100
Previous Owner Lanning Joe $329,800
Previous Owner King Wayne F $268,000
Previous Owner King Wayne F $50,250
Previous Owner King Wayne F $58,950
Previous Owner King Wayne F $150,000
Previous Owner King Wayne F $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $772,500 -0.9% $267 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/29/2019 10/29/19 Price Changed $779,900 -2.5% $270 / Sq Ft
08/22/2019 08/22/19 For Sale $799,900 +56.8% $276 / Sq Ft
05/10/2016 05/10/16 Sold $510,000 +2.0% $173 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $499,900 -- $170 / 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 $5,378 $201,020 -- --
2023 $5,172 $195,170 $0 $0
2022 $5,060 $189,490 $0 $0
2021 $4,974 $183,980 $0 $0
2020 $4,563 $178,630 $0 $0
2019 $3,042 $120,010 $0 $0
2018 $2,952 $116,520 $0 $0
2017 $2,830 $98,180 $0 $0
2016 $2,248 $95,330 $0 $0
2015 $2,189 $92,560 $0 $0
2014 $2,156 $89,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Christopher Sander

    Keller Williams Realty Portland Premiere

    (503) 869-2433

    26 Total Sales

    Christopher Sander
    Section Image
  • Hannah Novak

    Buyer's Agent in 2019

    Hannah Novak

    Real Broker

    (503) 914-7909

    237 Total Sales

    Hannah Novak
    Section Image
  • Darryl Bodle

    Seller's Agent in 2016

    Darryl Bodle

    Keller Williams Realty Portland Premiere

    (503) 709-4632

    13 in this area

    1,677 Total Sales

    Darryl Bodle
    Section Image
  • Michael Brazie

    Seller Co-Listing Agent in 2016

    Michael Brazie

    Keller Williams Realty Portland Premiere

    (503) 317-3557

    60 Total Sales

    Michael Brazie
    Section Image
  • Lauren Clark

    Buyer's Agent in 2016

    Lauren Clark

    Neighbors Realty

    (503) 869-6644

    1 in this area

    82 Total Sales

    Lauren Clark
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19483041

Regional Multiple Listing Service (RMLS)

APN: R102767

Oregon Multnomah County Portland 97227 Boise

257 N Ivy St, Portland, OR

This home is located at 257 N Ivy St, Portland, OR 97227 since 22 August 2019 and is currently estimated at $941,367, approximately $325 per square foot. This property was built in 1901. 257 N Ivy St is a home located in Multnomah County with nearby schools including Boise-Eliot Elementary School, Harriet Tubman Middle School, and Jefferson 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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