NOT LISTED FOR SALE

318 SE 157th Ave Portland, OR 97233

Glenfair Neighborhood

Estimated Value: $507,000 - $689,000

5 Beds
5 Baths
2,293 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $329,900 $144 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,690/month

5 Days on Market

Highlights

  • Attached Garage
  • Washer and Dryer
  • Level Lot
  • Views

About This Home

As of March 2016

Freshly remodeled and updated units perfect owner occupy or investment rentals. Renter friendly surfaces in both units. Unit (A) 2BD, 1.5BA, Approx 1,020 SF Unit (B) 3BD, 2.5BA Approx 1,273 SF. Each with 1 Car attached garages plus additional guest parking spaces. Minimal shared walls between units. Located on quiet end of flag lot configuration. Plug and Play rental! Just hang a sign and start earning rent!

Last Agent to Sell the Property

William Gilliland

Windermere Realty Trust License #201003072 Listed on: 01/07/2016

Windermere Realty Trust

Last Buyer's Agent

Wing Yu

Oregon First License #200909129

Oregon First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,809

Year Built

  • Built in 1999

Lot Details

  • Level Lot
  • Flag Lot

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,809

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2293
  • Stories: 2
  • Year Built: 1999
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: PARTITION PLAT 1997-164, LOT 2
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • View: Yes

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security Or Entry: Sidewalk
  • Utilities Included: Sewer

Association/Amenities

  • Bike Path: Within 1/4 Mile
  • Multi Use Path: Within 1/4 Mile
  • Waterfront: 10 Miles or Greater

Condo/Co-op/Association

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

Schools

  • Distance to SchoolBus: Within 1/4 Mile
  • Elementary School: Glenfair
  • High School: Reynolds

Lot Info

  • Lot Description: Level, Light Rail, Flag Lot
  • Zoning: R5

Tax Info

  • Tax Amount: 4761.53
  • Assessor Parcel Number: R239818

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.00

MLS Schools

  • Elementary School: Glenfair
  • High School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
Jan 19, 2016
Sold by
Jay Fred T
Bought by
Li Quinne and Lee Hau Fu
Seller's Agent
William Gilliland
Windermere Realty Trust
Buyer's Agent
Wing Yu
Oregon First
List Price
$329,900
Sold Price
$329,900
Current Estimated Value
$570,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,468
Avg. Annual Appreciation
5.80%
Original Mortgage
$263,900
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2015
Closed on
May 26, 2015
Sold by
Cole Carrie
Bought by
Jay Fred T and The Fred T Jay Living Trust
Seller's Agent
Samih Sadaka
Sadaka Realty LLC
Buyer's Agent
Peter Ng
Supreme Service Realty, LLC
List Price
$274,999
Sold Price
$243,000
Premium/Discount to List
-$31,999
-11.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.99%

Purchase Details

Listed on
Jan 31, 2015
Closed on
May 25, 2015
Sold by
Terzis Eugenia H
Bought by
Cole Carrie
Seller's Agent
Samih Sadaka
Sadaka Realty LLC
Buyer's Agent
Peter Ng
Supreme Service Realty, LLC
List Price
$274,999
Sold Price
$243,000
Premium/Discount to List
-$31,999
-11.64%

Purchase Details

Listed on
Sep 22, 2012
Closed on
Oct 26, 2012
Sold by
Terzis Timoleon
Bought by
Cole Carrie
Seller's Agent
Wendy Burns
Burns & Olson Realtors Inc.
Buyer's Agent
Samih Sadaka
Sadaka Realty LLC
List Price
$248,000
Sold Price
$242,000
Premium/Discount to List
-$6,000
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%
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
Li Quinne $329,900 First American
Jay Fred T $243,000 Wfg Title
Cole Carrie $242,000 Wfg Title
Cole Carrie $242,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Quinne $263,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $329,900 0.0% $144 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $329,900 +35.8% $144 / Sq Ft
05/29/2015 05/29/15 Sold $243,000 -11.6% $106 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
01/31/2015 01/31/15 For Sale $274,999 +13.6% $120 / Sq Ft
10/30/2012 10/30/12 Sold $242,000 -2.4% $87 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
09/22/2012 09/22/12 For Sale $248,000 -- $89 / 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 $6,809 $300,830 $0 $0
2022 $6,707 $292,070 $0 $0
2021 $6,619 $283,570 $0 $0
2020 $5,975 $275,320 $0 $0
2019 $5,671 $267,310 $0 $0
2018 $5,618 $259,530 $0 $0
2017 $5,419 $251,980 $0 $0
2016 $5,092 $244,650 $0 $0
2015 $4,762 $237,530 $0 $0
2014 $4,500 $230,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Gilliland

    Seller's Agent in 2016

    William Gilliland

    Windermere Realty Trust

    (503) 333-6475

    112 Total Sales

    Section Image
  • Wing Yu

    Buyer's Agent in 2016

    Wing Yu

    Oregon First

    (971) 570-9938

    33 Total Sales

    Section Image
  • Samih Sadaka

    Seller's Agent in 2015

    Samih Sadaka

    Sadaka Realty LLC

    (503) 750-9670

    55 Total Sales

    Section Image

  • P

    Buyer's Agent in 2015

    Peter Ng

    Supreme Service Realty, LLC

    (503) 317-8818

    10 Total Sales

    Section Image

  • W

    Seller's Agent in 2012

    Wendy Burns

    Burns & Olson Realtors Inc.

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16324492

Regional Multiple Listing Service (RMLS)

APN: R239818

Oregon Multnomah County Portland 97233 Glenfair

318 SE 157th Ave, Portland, OR

This home is located at 318 SE 157th Ave, Portland, OR 97233 since 07 January 2016 and is currently estimated at $563,710, approximately $245 per square foot. This property was built in 1999. 318 SE 157th Ave is a home located in Multnomah County with nearby schools including Glenfair Elementary School, Hauton B Lee Middle School, and Reynolds 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.

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