NOT LISTED FOR SALE

2600 SE 148th Ave Unit 2604 Portland, OR 97236

Centennial Neighborhood

Estimated Value: $513,000 - $595,000

6 Beds
3 Baths
2,340 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $90,000 $38 Per Sq Ft

Est. 526% increase in value since last sale

Current estimated payment $3,529/month

160 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • 1-Story Property
  • Property is near a bus stop

About This Home

As of October 2014

Good location near Fred Meyer, Bus line and many more stores and services. Has not been rented in many months. Will require extensive repair and up grading CASH only financing not possible interior inspection only after bank accepted offer.

Last Agent to Sell the Property

Paul Samuelson

Equity Builders Realty License #960900007 Listed on: 04/24/2014

Last Buyer's Agent

Paul Samuelson

Equity Builders Realty License #960900007 Listed on: 04/24/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,590

Year Built

  • Built in 1977

Lot Details

  • 0.27

Parking

  • Paved Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Range

Additional Features

  • Level Lot
  • Property is near a bus stop
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,590

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2340
  • Stories: 1
  • Year Built: 1977
  • Year Built Description: Existing
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: SECTION 12 1S 2E, TL 3900 0.27 ACRES

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Fiberglass

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Fireplace, Range, Refrigerator

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: HR2

Tax Info

  • Tax Amount: 3337.91
  • Assessor Parcel Number: R334710

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Spivey Timothy J
Bought by
Spivey Timothy J and Spivey Family Revocable Living Trust
Current Estimated Value
$563,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.05%

Purchase Details

Closed on
Jun 24, 2019
Sold by
Equity West Lth Pool I Llc
Bought by
Spivey Timothy

Purchase Details

Closed on
Dec 16, 2014
Sold by
Ewcp Lth Fund Llc
Bought by
Equity West Lth Pool I Llc

Purchase Details

Listed on
Apr 24, 2014
Closed on
Oct 14, 2014
Sold by
Acra Group Inc
Bought by
Ewcp Lth Fund Llc
Seller's Agent
Paul Samuelson
Equity Builders Realty
Buyer's Agent
Paul Samuelson
Equity Builders Realty
List Price
$135,000
Sold Price
$90,000
Premium/Discount to List
-$45,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.05%
Original Mortgage
$5,500,000
Interest Rate
4.08%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 24, 2014
Closed on
Oct 2, 2014
Sold by
Shannahan Michael
Bought by
Acra Group Inc
Seller's Agent
Paul Samuelson
Equity Builders Realty
Buyer's Agent
Paul Samuelson
Equity Builders Realty
List Price
$135,000
Sold Price
$90,000
Premium/Discount to List
-$45,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
4.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 2004
Sold by
Montgomery Robert L
Bought by
Shannahan Michael and Shannahan Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8%
Mortgage Type
Unknown
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
Spivey Timothy J -- --
Spivey Timothy $430,000 Wfg Title
Equity West Lth Pool I Llc -- None Available
Ewcp Lth Fund Llc $182,500 Lawyers Title
Acra Group Inc $90,000 Fidelity National Title Co
Shannahan Michael $230,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Spivey Timothy J --
Previous Owner Ewcp Lth Fund Llc $5,500,000
Previous Owner Acra Group Inc $95,000
Previous Owner Shannahan Michael $184,000
Closed Shannahan Michael $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $90,000 -33.3% $38 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $135,000 -- $58 / 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 $6,590 $288,430 -- --
2023 $6,309 $280,030 $0 $0
2022 $6,155 $271,880 $0 $0
2021 $6,209 $263,970 $0 $0
2020 $5,536 $256,290 $0 $0
2019 $5,328 $248,830 $0 $0
2018 $5,149 $241,590 $0 $0
2017 $4,961 $234,560 $0 $0
2016 $4,540 $227,730 $0 $0
2015 $4,127 $221,100 $0 $0
2014 $3,582 $201,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14463922

Regional Multiple Listing Service (RMLS)

APN: R334710