$258,000
SOLD OCT 2, 2013

3616 NE 157th Ave Portland, OR 97230

Wilkes Neighborhood
5 Beds
6 Baths
2,816 Sq Ft
6,055 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

5 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • 3-minute walk to Wilkes Park
  • Garage

About This Home

As of April 2018

Excellent investor opportunity -- perfect for owner-occupy situation. Well-maintained duplex in convenient location - near airport, fwy, shopping & schools. Nike Park (Wilkes) around corner. Buyer to verify all info. Great tenants and prop mgmt in place, if you do not want to self-manage. Fabulous turnkey opportunity! Do not disturb the great tenants.

Last Agent to Sell the Property

Marili Haas

NW Patriot Realty License #27756 Listed on: 08/20/2013

Co-Listed By

Rebecca Kramer

Soldera Properties, Inc License #200304056

Last Buyer's Agent

Chris Suarez

Keller Williams Sunset Corridor License #200108016

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,266

Year Built

  • Built in 2001

Lot Details

  • Level Lot

Parking

  • Garage

Interior Spaces

  • 2-Story Property
  • Fireplace

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,266

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2816
  • Stories: 2
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: RIVER VIEW VILLAGE, LOT 50, INC UND INT TRACTS A&B&C

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range

Schools

  • Elementary School: Wilkes
  • Middle School: Reynolds
  • High School: Reynolds

Lot Info

  • Lot Description: Level
  • Zoning: 101 Res

Tax Info

  • Tax Amount: 4181.94
  • Assessor Parcel Number: R255934

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 258000.00

MLS Schools

  • Elementary School: Wilkes
  • High School: Reynolds
  • Middle School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2018
Closed on
Apr 6, 2018
Sold by
Maupin James A
Bought by
Bushra Emad and Kelada Mary H
Seller's Agent
Adam Shepard
John L. Scott Portland Central
Buyer's Agent
Samir Azer
eXp Realty, LLC
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$570,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,975
Avg. Annual Appreciation
5.94%
Original Mortgage
$281,250
Outstanding Balance
$244,389
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$327,759

Purchase Details

Listed on
Aug 20, 2013
Closed on
Oct 1, 2013
Sold by
Bailey Griffin T
Bought by
Maupin James A
Seller's Agent
Marili Haas
NW Patriot Realty
Buyer's Agent
Chris Suarez
Keller Williams Sunset Corridor
List Price
$258,000
Sold Price
$258,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$169,700
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2004
Sold by
Montgomery Robert H
Bought by
Bailey Griffin T and Bailey Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1999
Sold by
Montgomery Contracting Inc
Bought by
Montgomery Robert H and Montgomery Charlotte L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.62%

Purchase Details

Closed on
Jul 14, 1998
Sold by
Cypress Ventures Inc
Bought by
Montgomery Contracting Inc
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 Type Sale Price Title Company
Warranty Deed $375,000 Lawyers Title
Warranty Deed $258,000 Fidelity Natl Title Co Of Or
Warranty Deed $249,900 Fidelity Natl Title Co Of Or
Warranty Deed -- Fidelity National Title Co
Warranty Deed $115,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,250 New Conventional
Previous Owner $169,700 New Conventional
Previous Owner $224,900 Purchase Money Mortgage
Previous Owner $204,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $375,000 0.0% --
01/27/2018 01/27/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $375,000 +45.3% --
10/02/2013 10/02/13 Sold $258,000 0.0% $92 / Sq Ft
08/25/2013 08/25/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $258,000 -- $92 / 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 $7,266 $320,990 $0 $0
2022 $7,156 $311,650 $0 $0
2021 $7,063 $302,580 $0 $0
2020 $6,375 $293,770 $0 $0
2019 $6,051 $285,220 $0 $0
2018 $5,995 $276,920 $0 $0
2017 $5,635 $268,860 $0 $0
2016 $5,026 $261,030 $0 $0
2015 $4,428 $253,430 $0 $0
2014 $4,361 $246,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Shepard

    Seller's Agent in 2018

    Adam Shepard

    John L. Scott Portland Central

    (971) 533-9444

    93 Total Sales

    Section Image
  • Samir Azer

    Buyer's Agent in 2018

    Samir Azer

    eXp Realty, LLC

    (503) 750-9092

    30 Total Sales

    Section Image

  • M

    Seller's Agent in 2013

    Marili Haas

    NW Patriot Realty

    Section Image
  • Rebecca Kramer

    Seller Co-Listing Agent in 2013

    Rebecca Kramer

    Soldera Properties, Inc

    (360) 597-8650

    29 Total Sales

    Section Image
  • Chris Suarez

    Buyer's Agent in 2013

    Chris Suarez

    Keller Williams Sunset Corridor

    (503) 546-9955

    274 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13539202

Regional Multiple Listing Service (RMLS)

APN: R255934

Oregon Multnomah County Portland 97230 Wilkes

3616 NE 157th Ave, Portland, OR

This home is located at 3616 NE 157th Ave, Portland, OR 97230 and is currently priced at $258,000, approximately $91 per square foot. This property was built in 2001. 3616 NE 157th Ave is a home located in Multnomah County with nearby schools including Margaret Scott Elementary School, Hauton B Lee Middle School, and Reynolds High School.

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