NOT LISTED FOR SALE

3621 NE 85th Ave Portland, OR 97220

Madison South Neighborhood

Estimated Value: $514,038 - $616,000

4 Beds
2 Baths
2,386 Sq Ft
$237/Sq Ft Est. Value

Last Sold November 29, 2013

Last sale price $250,000 $105 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,451/month

417 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-Story Property
  • Attached Garage

About This Home

As of November 2013

New paint. Low maintenance. On the bus line. Great rental history with long term tenants.

Last Agent to Sell the Property

Katherine Williams

Rose City Realty Group License #200411153 Listed on: 08/10/2012

Last Buyer's Agent

Katherine Williams

Rose City Realty Group License #200411153 Listed on: 08/10/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,445

Year Built

  • Built in 1952

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1-Story Property
  • Range
  • Washer and Dryer Hookup

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,445

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2386
  • Stories: 1
  • Year Built: 1952
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished
  • Legal Description: ROSE VILLAS, E 1/2 OF LOT 32

Exterior Features

  • Exterior Description: Shingle Siding, Wood Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached, Paved

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

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

Schools

  • Elementary School: Scott
  • High School: Madison

Lot Info

  • Lot Description: Corner, Level
  • Zoning: r5h

Tax Info

  • Tax Amount: 2630.57
  • Assessor Parcel Number: R261031

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 8.36

MLS Schools

  • Elementary School: Scott
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2012
Closed on
Nov 1, 2013
Sold by
Walker David
Bought by
Proteus Investments Llc
Seller's Agent
Katherine Williams
Rose City Realty Group
Buyer's Agent
Katherine Williams
Rose City Realty Group
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$565,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,260
Avg. Annual Appreciation
7.13%

Purchase Details

Listed on
Aug 10, 2012
Closed on
Oct 15, 2013
Sold by
Ewcp Ts Fund Llc
Bought by
Walker David
Seller's Agent
Katherine Williams
Rose City Realty Group
Buyer's Agent
Katherine Williams
Rose City Realty Group
List Price
$250,000
Sold Price
$250,000

Purchase Details

Closed on
Aug 15, 2012
Sold by
Fairplay Funding Nw Llc
Bought by
Ewcp Ts Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,612
Interest Rate
3.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 7, 2012
Sold by
Hick Kenneth W
Bought by
Ewcp Ts Fund Llc and Fairplay Funding Nw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,612
Interest Rate
3.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 2004
Sold by
Hick Kenneth W
Bought by
Hick Kenneth W

Purchase Details

Closed on
Sep 10, 2003
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hick Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2001
Sold by
Johnson Jay A
Bought by
Jewett Danny D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1998
Sold by
Lensing Gary L
Bought by
Johnson David E and Johnson Jay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,650
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 1996
Sold by
Newman Frank L
Bought by
Lensing Gary L and Lensing Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,962
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
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
Proteus Investments Llc -- None Available
Walker David $270,000 Lawyers Title Ins Corp
Ewcp Ts Fund Llc -- Accommodation
Ewcp Ts Fund Llc $162,031 Accommodation
Hick Kenneth W -- First American
Hick Kenneth W $150,000 First American
Jewett Danny D $162,000 First American
Johnson David E $137,400 First American Title Ins Co
Lensing Gary L $131,950 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ewcp Ts Fund Llc $144,612
Previous Owner Hick Kenneth W $150,000
Previous Owner Jewett Danny D $145,800
Previous Owner Johnson David E $123,650
Previous Owner Lensing Gary L $98,962
Closed Lensing Gary L $19,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2013 11/29/13 Sold $250,000 0.0% $105 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
08/10/2012 08/10/12 For Sale $250,000 -- $105 / 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
2024 $5,445 $203,500 -- --
2023 $5,445 $197,580 $0 $0
2022 $5,122 $191,830 $0 $0
2021 $5,036 $186,250 $0 $0
2020 $4,620 $180,830 $0 $0
2019 $4,450 $175,570 $0 $0
2018 $4,319 $170,460 $0 $0
2017 $4,140 $165,500 $0 $0
2016 $3,788 $160,680 $0 $0
2015 $3,603 $156,000 $0 $0
2014 $3,415 $151,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katherine Williams

    Seller's Agent in 2013

    Katherine Williams

    Rose City Realty Group

    (503) 349-5511

    99 Total Sales

    Katherine Williams
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12666481

Regional Multiple Listing Service (RMLS)

APN: R261031

Oregon Multnomah County Portland 97220 Madison South

3621 NE 85th Ave, Portland, OR

This home is located at 3621 NE 85th Ave, Portland, OR 97220 since 10 August 2012 and is currently estimated at $565,260, approximately $236 per square foot. This property was built in 1952. 3621 NE 85th Ave is a home located in Multnomah County with nearby schools including Jason Lee Elementary School, Roseway Heights School, and Leodis V. McDaniel 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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