NOT LISTED FOR SALE

3720 SE 165th Ave Unit 3736 Portland, OR 97236

Centennial Neighborhood

Estimated Value: $639,000 - $712,000

8 Beds
4 Baths
3,348 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $645,000 $193 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,224/month

28 Days on Market

Highlights

  • Corner Lot
  • No Heating
  • 1-Story Property
  • Wood Siding

About This Home

As of May 2021

Don't miss this SE Portland 4 plex with excellent occupancy history and room to increase rents. Brand new roof and gutters. Huge corner lot on a quiet street. Please do not disturb tenants.

Last Agent to Sell the Property

Benjamin Droukas

Windermere Realty Trust License #200401007 Listed on: 04/09/2021

Windermere Realty Trust

Last Buyer's Agent

Jessica Eisenhauer

Berkshire Hathaway HomeServices NW Real Estate License #201106082

Berkshire Hathaway HomeServices NW Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,067

Year Built

  • Built in 1963

Lot Details

  • Corner Lot

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,348 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Powell Butte Elementary School
  • Centennial Middle School
  • Centennial High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R279609

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $18,890
  • Gross Income $51,914
  • Net Operating Income $33,024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,067

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1963
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Powell Butte
  • High School: Centennial
  • Middle Or Junior School: Centennial

Lot Info

  • Zoning: R7
  • Parcel #: R279609

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 6067.49

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.91
  • Annual Gross Income: 51914.0
  • Property Net Operating Income: 33024.0
  • Annual Operating Expense: 18890.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 17, 2021
Sold by
Pokala Jagat Vikas and Ray Roshni Dinesh
Bought by
Briggs Samuel Robertson
Seller's Agent
Benjamin Droukas
Windermere Realty Trust
Buyer's Agent
Jessica Eisenhauer
Berkshire Hathaway HomeServices NW Real Estate
List Price
$670,000
Sold Price
$645,000
Premium/Discount to List
-$25,000
-3.73%
Current Estimated Value
$683,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,772
Avg. Annual Appreciation
1.31%

Purchase Details

Listed on
Oct 17, 2018
Closed on
Feb 8, 2019
Sold by
Edlin Harlan D and Edlin Hannah L
Bought by
Pokala Jagat Vikas and Ray Roshni Dinesh
Seller's Agent
Peter Jameson
J Residential Properties
Buyer's Agent
Benjamin Droukas
Windermere Realty Trust
List Price
$625,000
Sold Price
$589,995
Premium/Discount to List
-$35,005
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$442,463
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2016
Closed on
Sep 15, 2016
Sold by
Swalko Mark A
Bought by
Edlin Harlan D and Edlin Hannah L
Seller's Agent
Vinh Nguyen
eXp Realty, LLC
Buyer's Agent
Peter Jameson
J Residential Properties
List Price
$599,850
Sold Price
$545,000
Premium/Discount to List
-$54,850
-9.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%
Original Mortgage
$408,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2002
Sold by
Swalko Anna Mae
Bought by
Swalko Mark A

Purchase Details

Closed on
Dec 14, 2001
Sold by
Swalko Mark A
Bought by
Swalko Anna Mae

Purchase Details

Closed on
Mar 22, 2000
Sold by
Swalko Matthew L
Bought by
Swalko Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.34%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 9, 1998
Sold by
Swalko Matthew L
Bought by
Swalko Mark A
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
Briggs Samuel Robertson $645,000 Lawyers
Pokala Jagat Vikas $589,995 Wfg Title
Edlin Harlan D $545,000 Wfg Title
Swalko Mark A $250,000 --
Swalko Anna Mae $90,000 --
Swalko Mark A -- Ticor Title
Swalko Mark A $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pokala Jagat Vikas $442,463
Previous Owner Edlin Harlan D $408,750
Previous Owner Swalko Mark A $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2021 05/18/21 Sold $645,000 -3.7% $193 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $670,000 +13.6% $200 / Sq Ft
02/13/2019 02/13/19 Sold $589,995 -5.6% $176 / Sq Ft View Prior Sale
12/28/2018 12/28/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $625,000 +14.7% $187 / Sq Ft
11/01/2016 11/01/16 Sold $545,000 -9.1% $163 / Sq Ft View Prior Sale
08/22/2016 08/22/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $599,850 -- $179 / 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 $7,533 $325,580 -- --
2024 $7,222 $316,100 -- --
2023 $6,914 $306,900 $0 $0
2022 $6,746 $297,970 $0 $0
2021 $6,804 $289,300 $0 $0
2020 $6,067 $280,880 $0 $0
2019 $6,019 $272,700 $0 $0
2018 $5,643 $264,760 $0 $0
2017 $5,437 $257,050 $0 $0
2016 $5,242 $249,570 $0 $0
2015 $4,197 $242,310 $0 $0
2014 $3,934 $235,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Droukas

    Seller's Agent in 2021

    Benjamin Droukas

    Windermere Realty Trust

    (503) 522-4645

    2 in this area

    106 Total Sales

    Benjamin Droukas
    Section Image
  • Jessica Eisenhauer

    Buyer's Agent in 2021

    Jessica Eisenhauer

    BHHS Oregon- Northwest

    (360) 608-2528

    1 in this area

    154 Total Sales

    Jessica Eisenhauer
    Section Image
  • Peter Jameson

    Seller's Agent in 2019

    Peter Jameson

    J Residential Properties

    (503) 407-1526

    1 in this area

    117 Total Sales

    Peter Jameson
    Section Image

  • E

    Seller Co-Listing Agent in 2019

    Erin Maher

    J Residential Properties

    (503) 407-1526

    1 in this area

    88 Total Sales

    Erin Maher
    Section Image
  • Vinh Nguyen

    Seller's Agent in 2016

    Vinh Nguyen

    eXp Realty, LLC

    (503) 799-0844

    33 Total Sales

    Vinh Nguyen
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21669979

Regional Multiple Listing Service (RMLS)

APN: R279609

Oregon Multnomah County Portland 97236 Centennial

3720 SE 165th Ave Unit 3736, Portland, OR

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