NOT LISTED FOR SALE

3016 SE Morrison St Unit 3018 Portland, OR 97214

Sunnyside Neighborhood

Estimated Value: $617,541 - $716,000

3 Beds
2 Baths
1,688 Sq Ft
$398/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $575,000 $341 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,263/month

2 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Level Lot

About This Home

As of May 2020

Rare opportunity to buy this charming duplex in the heart of SE Belmont / Sunnyside neighborhood. Great for owner occupied, multigenerational living or solid investment! Light and bright in each unit. Beautiful fir floors throughout. Tons of storage in basement and/or can be used as a shop. Lot's of potential with that space. Peaceful back patio area. Close to awesome restaurants, shops, parks, and public transportation. Don't miss this one!

Last Agent to Sell the Property

Aaron Moomaw

Cascade Hasson Sotheby's International Realty License #200503265 Listed on: 04/22/2020

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Jodi Cvar

Cascade Hasson Sotheby's International Realty License #201211768

Cascade Hasson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,666

Year Built

  • Built in 1908

Lot Details

  • Level Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,666

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1688
  • Stories: 2
  • Year Built: 1908
  • Property Condition: Approximately
  • Remarks Public: Rare opportunity to buy this charming duplex in the heart of SE Belmont / Sunnyside neighborhood. Great for owner occupied, multigenerational living or solid investment! Light and bright in each unit. Beautiful fir floors throughout. Tons of storage in basement and/or can be used as a shop. Lot's of potential with that space. Peaceful back patio area. Close to awesome restaurants, shops, parks, and public transportation. Don't miss this one!
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SUNNYSIDE & PLAT 2 & 3, BLOCK 15, E 33 1/3' OF LOT 5&6
  • Basement: Full Basement
  • Storage: Basement

Exterior Features

  • Exterior Description: Aluminum
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Concrete

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: ENERGY STAR Qualified Equipment

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Fireplace, Hardwood Floors, Range, Refrigerator

Schools

  • Elementary School: Sunnyside Env
  • Middle School: Sunnyside Env
  • High School: Franklin

Lot Info

  • Lot Description: Level
  • Zoning: R2.5
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 5665.56
  • Assessor Parcel Number: R280464
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.98

MLS Schools

  • Elementary School: Sunnyside Env
  • High School: Franklin
  • Middle School: Sunnyside Env

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
May 26, 2020
Sold by
Pearson Theodore L and Brooksbank Amy E
Bought by
Gordon Michael A and Gordon Rhonda R
Seller's Agent
Aaron Moomaw
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Jodi Cvar
Cascade Hasson Sotheby's International Realty
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Current Estimated Value
$671,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,135
Avg. Annual Appreciation
2.86%
Original Mortgage
$175,000
Outstanding Balance
$157,095
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$508,366

Purchase Details

Closed on
May 1, 2006
Sold by
Huston Christopher W
Bought by
Pearson Theodore L and Brooksbank Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 3, 2006
Sold by
Huston Christopher W
Bought by
Huston Christopher W and Reed Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,059
Interest Rate
8.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 2005
Sold by
Pearce R Ellen
Bought by
Huston Christopher W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,059
Interest Rate
8.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Gordon Michael A $575,000 Wfg Title
Pearson Theodore L $318,000 Lawyers Title Ins
Huston Christopher W -- Lawyers Title Ins
Huston Christopher W $282,168 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Michael A $175,000
Previous Owner Pearson Theodore L $20,000
Previous Owner Pearson Theodore L $175,000
Previous Owner Huston Christopher W $268,059
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $575,000 +4.5% $341 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $550,000 -- $326 / 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 $6,666 $251,560 $0 $0
2022 $6,522 $244,240 $0 $0
2021 $6,411 $237,130 $0 $0
2020 $5,882 $230,230 $0 $0
2019 $5,666 $223,530 $0 $0
2018 $5,499 $217,020 $0 $0
2017 $5,270 $210,700 $0 $0
2016 $4,823 $204,570 $0 $0
2015 $4,697 $198,620 $0 $0
2014 $4,626 $192,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20083313

Regional Multiple Listing Service (RMLS)

APN: R280464