NOT LISTED FOR SALE

3521 SE Sellwood St Milwaukie, OR 97222

Lake Road Neighborhood

Estimated Value: $952,809 - $1,096,000

7 Beds
4 Baths
4,073 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $747,500 $184 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,765/month

16 Days on Market

Highlights

  • RV Access or Parking
  • Private Lot
  • Parking Storage or Cabinetry
  • Deck
  • Landscaped with Trees
  • 1-minute walk to Century Park

About This Home

As of August 2020

A truly unique property that sits on over half an acre of beautiful and private grounds. Directly across from Century Park, less than a mile to downtown Milwaukie, and minutes from downtown PDX. The living spaces are nicely updated, and the buildings are meticulously maintained. Tons of off-street parking, one attached garage, and one 2-car detached garage/shop. Excellent rental history and cash flow. Please do not disturb tenants.

Last Agent to Sell the Property

Patrick Miles

Windermere Realty Trust License #200408130 Listed on: 06/30/2020

Windermere Realty Trust

Last Buyer's Agent

Peter Andrews

Coldwell Banker Bain License #911200143

Coldwell Banker Bain

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,877

Year Built

  • Built in 1953

Lot Details

  • Private Lot
  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Lap Siding
  • Concrete Perimeter Foundation

Parking

  • Garage
  • Carport
  • Parking Storage or Cabinetry
  • RV Access or Parking

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Dishwasher
  • Washer and Dryer
  • Deck

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes electricity, trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,877

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4073
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 59 MINTHORN ADD PT LTS 16-18 24&25 LT 19-23 BLK 87&VAC ST QUINCY
  • Basement: None
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Brick, Lap Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition
  • Foundation Details: Slab, Concrete Perimeter

Garage/Parking

  • Parking Description: Carport, RV Access/Parking

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Washer/Dryer

Lot Info

  • Lot Description: Corner Lot, Level, Private, Trees
  • Zoning: R5
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Electricity, Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 9436.00
  • Assessor Parcel Number: 00025699
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.93

MLS Schools

  • Elementary School: Milwaukie
  • High School: Milwaukie
  • Middle School: Rowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
Peyret Yannis
Bought by
Dtcor Llc
Current Estimated Value
$1,018,702

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 20, 2020
Sold by
Klingman David and Farrow Kyla
Bought by
Peyret Yannis
Seller's Agent
Patrick Miles
Windermere Realty Trust
Buyer's Agent
Peter Andrews
Coldwell Banker Bain
List Price
$759,900
Sold Price
$747,500
Premium/Discount to List
-$12,400
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$447,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jul 18, 2016
Sold by
Emami Vernon
Bought by
Klingman David and Farrow Kayla
Seller's Agent
Kimberley Grizzell
All Professionals Real Estate
Buyer's Agent
Patrick Miles
Windermere Realty Trust
List Price
$575,000
Sold Price
$608,000
Premium/Discount to List
$33,000
5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$456,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2012
Closed on
Jan 10, 2013
Sold by
Morrow Donna Rae
Bought by
Emami Vernon
Seller's Agent
Don Johnson
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Sunny Hildebrand
Hildebrand Realty
List Price
$425,000
Sold Price
$265,000
Premium/Discount to List
-$160,000
-37.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.52%

Purchase Details

Closed on
Feb 7, 2005
Sold by
Morrow Donna R
Bought by
Morrow Donna Rae and Donna Rae Morrow Revocale Living Trust
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
Dtcor Llc -- None Available
Peyret Yannis $747,500 Chicagotite
Klingman David $608,000 Ticor Title
Emami Vernon $265,000 Ticor Title
Morrow Donna Rae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peyret Yannis $447,500
Previous Owner Klingman David $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2020 08/21/20 Sold $747,500 -1.6% $184 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $759,900 +25.0% $187 / Sq Ft
07/20/2016 07/20/16 Sold $608,000 +5.7% $149 / Sq Ft View Prior Sale
06/10/2016 06/10/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $575,000 +117.0% $141 / Sq Ft
01/10/2013 01/10/13 Sold $265,000 -37.6% $65 / Sq Ft View Prior Sale
11/24/2012 11/24/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $425,000 -- $104 / 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
2025 $4,877 $221,616 -- --
2024 $4,710 $522,543 -- --
2023 $4,710 $507,324 $0 $0
2022 $10,562 $492,548 $0 $0
2021 $10,192 $478,202 $0 $0
2020 $9,876 $464,274 $0 $0
2019 $9,728 $450,752 $0 $0
2018 $8,651 $437,623 $0 $0
2017 $8,403 $424,877 $0 $0
2016 $7,864 $399,410 $0 $0
2015 $7,488 $387,777 $0 $0
2014 $7,102 $376,483 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Miles

    Seller's Agent in 2020

    Patrick Miles

    Windermere Realty Trust

    (360) 253-3600

    101 Total Sales

    Patrick Miles
    Section Image
  • Peter Andrews

    Buyer's Agent in 2020

    Peter Andrews

    Coldwell Banker Bain

    (503) 720-7320

    59 Total Sales

    Peter Andrews
    Section Image

  • K

    Seller's Agent in 2016

    Kimberley Grizzell

    All Professionals Real Estate

    Section Image
  • Don Johnson

    Seller's Agent in 2013

    Don Johnson

    BHHS Oregon- Northwest

    (503) 380-8217

    17 Total Sales

    Don Johnson
    Section Image
  • Marilyn Winters

    Seller Co-Listing Agent in 2013

    Marilyn Winters

    BHHS Oregon- Northwest

    (503) 515-8448

    15 Total Sales

    Marilyn Winters
    Section Image
  • Sunny Hildebrand

    Buyer's Agent in 2013

    Sunny Hildebrand

    Hildebrand Realty

    (503) 730-0251

    40 Total Sales

    Sunny Hildebrand
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20025580

Regional Multiple Listing Service (RMLS)

APN: 00025699

Oregon Clackamas County Milwaukie 97222 Lake Road

3521 SE Sellwood St, Milwaukie, OR

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