NOT LISTED FOR SALE

2725 SE Morrison St Unit 2735 Portland, OR 97214

Buckman Neighborhood

Estimated Value: $769,000 - $988,000

5 Beds
2 Baths
2,505 Sq Ft
$348/Sq Ft Est. Value

Last Sold January 11, 2016

Last sale price $725,000 $289 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,417/month

7 Days on Market

Highlights

  • Wood Flooring
  • Views
  • Wood Siding
  • Fireplace
  • Garage

About This Home

As of January 2016

This is a chance to own an old Portland style duplex that was not converted. Off the market for more than 40 years this is a rare close in gem.Large living room features a fireplace in each unit and oak hardwood floors thru out.Garage in each unit opens into basement/laundry room not included in the square footage.Open House Sunday 12-3

Last Agent to Sell the Property

Timothy Helm

Oregon First License #960300131 Listed on: 01/04/2016

Oregon First

Last Buyer's Agent

Lee McKnight

Cascade Hasson Sotheby's International Realty License #960300246

Cascade Hasson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,670

Year Built

  • Built in 1941

Lot Details

  • Sloped Lot

Parking

  • Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Wood Flooring
  • Storage In Attic
  • Range
  • Property Views

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,670

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2505
  • Stories: 2
  • Year Built: 1941
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Full Basement, Unfinished
  • Legal Description: HANSONS ADD & 2ND, BLOCK 5, LOT 5
  • Storage: Attic, Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: City, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air 95+%
  • Security Or Entry: Sidewalk

Condo/Co-op/Association

  • Common Amenities: Commons, Laundry
  • Unit Features: Fireplace, Hardwood Floors, Range, Refrigerator

Schools

  • Elementary School: Buckman
  • High School: Cleveland

Lot Info

  • Lot Description: Corner, Sloped
  • Zoning: R 2.5

Tax Info

  • Tax Amount: 5403.41
  • Assessor Parcel Number: R175590

Multi Family

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

MLS Schools

  • Elementary School: Buckman
  • High School: Cleveland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Feb 9, 2016
Sold by
Wollam Catherine Keating
Bought by
Even Aaron H
Seller's Agent
Timothy Helm
Oregon First
Buyer's Agent
Lee McKnight
Cascade Hasson Sotheby's International Realty
List Price
$698,000
Sold Price
$725,000
Premium/Discount to List
$27,000
3.87%
Current Estimated Value
$872,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,832
Avg. Annual Appreciation
1.18%

Purchase Details

Listed on
Jan 4, 2016
Closed on
Feb 4, 2016
Sold by
Wollam Catherine Keating
Bought by
Stegmeier Randall and Baptista Braulio
Seller's Agent
Timothy Helm
Oregon First
Buyer's Agent
Lee McKnight
Cascade Hasson Sotheby's International Realty
List Price
$698,000
Sold Price
$725,000
Premium/Discount to List
$27,000
3.87%

Purchase Details

Closed on
Jul 14, 2009
Sold by
Robison Caren
Bought by
Wollam Catherine Keating

Purchase Details

Closed on
Apr 11, 1997
Sold by
Penman Tom J
Bought by
Wollam Catherine and Greenberg Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,150
Interest Rate
7.86%
Mortgage Type
Seller Take Back
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
Even Aaron H -- Wfg Title
Wollam Catherine Keating -- Wfg Title
Stegmeier Randall $725,000 Wfg Title
Wollam Catherine Keating -- None Available
Wollam Catherine $140,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wollam Catherine $85,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2016 01/11/16 Sold $725,000 +3.9% $289 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $698,000 -- $279 / 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 $7,670 $289,430 $0 $0
2022 $7,503 $281,000 $0 $0
2021 $7,376 $272,820 $0 $0
2020 $6,767 $264,880 $0 $0
2019 $6,518 $257,170 $0 $0
2018 $6,326 $249,680 $0 $0
2017 $6,063 $242,410 $0 $0
2016 $5,549 $235,350 $0 $0
2015 $5,403 $228,500 $0 $0
2014 $5,322 $221,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16577962

Regional Multiple Listing Service (RMLS)

APN: R175590