NOT LISTED FOR SALE

2640 SE 148th Ave Unit 2644 Portland, OR 97236

Centennial Neighborhood

Estimated Value: $484,000 - $595,000

6 Beds
3 Baths
2,340 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $285,000 $122 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,368/month

28 Days on Market

About This Home

As of September 2015

Roof new in 2015. Paint in excellent condition. Hard to find one story triplex with excellent investment upside. Off street parking. Near public transportation, schools and shopping. Please do not disturb tenants. All offers subject to interior inspection

Last Agent to Sell the Property

John McClay

Berkshire Hathaway HomeServices NW Real Estate License #851200158 Listed on: 08/07/2015

Berkshire Hathaway HomeServices NW Real Estate

Co-Listed By

Donald Moore

Berkshire Hathaway HomeServices NW Real Estate License #980200125

Last Buyer's Agent

Thao-Uyen Cook

AVI Realty, LLC License #200504534

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,648

Year Built

  • Built in 1977

Lot Details

  • 0.25

Parking

  • Open Parking

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,648

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2340
  • Stories: 1
  • Year Built: 1977
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: SECTION 12 1S 2E, TL 4100 0.25 ACRES

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Lynch Meadows
  • High School: Centennial

Lot Info

  • Lot Description: Level
  • Zoning: HR2

Tax Info

  • Tax Amount: 3404.01
  • Assessor Parcel Number: R334893

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 9.54

MLS Schools

  • Elementary School: Lynch Meadows
  • High School: Centennial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2016
Sold by
Trams Legacy Llc
Bought by
2640 & 2644 Se 148Th Llc
Current Estimated Value
$548,095

Purchase Details

Listed on
Aug 7, 2015
Closed on
Sep 8, 2015
Sold by
Bruer Joe
Bought by
Trams Legacy Llc
Seller's Agent
John McClay
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Thao-Uyen Cook
AVI Realty, LLC
List Price
$309,000
Sold Price
$285,000
Premium/Discount to List
-$24,000
-7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Dec 19, 2007
Sold by
Shannahan Michael
Bought by
Bruer Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,387
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

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:

Collateral Analytics

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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
2640 & 2644 Se 148Th Llc -- None Available
Trams Legacy Llc $285,000 First American
Bruer Joe $309,850 Transnation Title Agency Or
Shannahan Michael $230,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bruer Joe $232,387
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
09/30/2015 09/30/15 Sold $285,000 -7.8% $122 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $309,000 -- $132 / 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 $5,648 $247,180 -- --
2023 $5,407 $239,990 $0 $0
2022 $5,275 $233,000 $0 $0
2021 $5,321 $226,220 $0 $0
2020 $4,745 $219,640 $0 $0
2019 $4,566 $213,250 $0 $0
2018 $4,413 $207,040 $0 $0
2017 $4,251 $201,010 $0 $0
2016 $3,897 $195,160 $0 $0
2015 $3,592 $189,480 $0 $0
2014 $3,404 $183,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John McClay

    Seller's Agent in 2015

    John McClay

    BHHS Oregon- Northwest

    (503) 684-2140

    18 Total Sales

    John McClay
    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Donald Moore

    BHHS Oregon- Northwest

  • Thao-Uyen Cook

    Buyer's Agent in 2015

    Thao-Uyen Cook

    AVI Realty, LLC

    (503) 702-8770

    2 in this area

    20 Total Sales

    Thao-Uyen Cook
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15442053

Regional Multiple Listing Service (RMLS)

APN: R334893

Oregon Multnomah County Portland 97236 Centennial

2640 SE 148th Ave Unit 2644, Portland, OR

This home is located at 2640 SE 148th Ave Unit 2644, Portland, OR 97236 since 07 August 2015 and is currently estimated at $548,095, approximately $234 per square foot. This property was built in 1977. 2640 SE 148th Ave Unit 2644 is a home located in Multnomah County with nearby schools including Powell Butte Elementary School, Centennial Middle School, and Centennial High School.

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