NOT LISTED FOR SALE

4923 NE 16th Ave Portland, OR 97211

Vernon Neighborhood

Estimated Value: $664,000 - $836,000

2 Beds
3 Baths
2,494 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 02, 2015

Last sale price $550,000 $221 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,507/month

6 Days on Market

Highlights

  • Storage
  • Garage
  • Level Lot
  • Guest Parking

About This Home

As of November 2015

Great Craftsman home legally converted. Charm is still intact. All new exterior paint, newer water heaters, newer roofing. This plex has a yard, nice front porch & an oversized 1 car garage w/off street parking. Great location!

Last Agent to Sell the Property

Val Thorpe

Cascade Hasson Sotheby's International Realty License #920300284 Listed on: 09/23/2015

Cascade Hasson Sotheby's International Realty

Co-Listed By

Jennifer Auge

Cascade Hasson Sotheby's International Realty License #200311253

Last Buyer's Agent

Cory McCall

Inhabit Real Estate License #201204695

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,832

Year Built

  • Built in 1905

Lot Details

  • 5,009

Parking

  • Garage
  • Guest Parking

Home Design

  • Shake Siding
  • Cedar

Interior Spaces

  • 3-Story Property
  • Storage
  • Range

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,832

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2494
  • Stories: 3
  • Year Built: 1905
  • Year Built Description: Converted
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Full Basement, Unfinished
  • Legal Description: VERNON, BLOCK 42, LOT 16
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Exterior Description: Cedar, Shake Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security Or Entry: Entry
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Range, Refrigerator, Storage

Schools

  • Elementary School: Vernon
  • High School: Jefferson
  • School High2: Madison

Lot Info

  • Lot Description: Level
  • Zoning: R5

Tax Info

  • Tax Amount: 2283.62
  • Assessor Parcel Number: R295454

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 28.11

MLS Schools

  • Elementary School: Vernon
  • High School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2017
Sold by
Koutsoftas Andrew D
Bought by
4923 Ne 16Th Avenue Llc
Current Estimated Value
$764,798

Purchase Details

Listed on
Sep 23, 2015
Closed on
Oct 27, 2015
Sold by
Orr Julian F
Bought by
Koutsoftas Andrew D
Seller's Agent
Val Thorpe
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Cory McCall
Inhabit Real Estate
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$412,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 1998
Sold by
Pacific Paradigm
Bought by
Orr Julian F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,961
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 1995
Sold by
Merrill M J
Bought by
Pacific Paradigm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back
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
4923 Ne 16Th Avenue Llc -- None Available
Koutsoftas Andrew D $550,000 Fidelity Natl Title Co Of Or
Orr Julian F $122,000 Oregon Title Insurance Co
Pacific Paradigm $85,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4923 Ne 16Th Avenue Llc $682,500
Previous Owner Koutsoftas Andrew D $412,500
Previous Owner Orr Julian F $335,000
Previous Owner Orr Julian F $120,961
Previous Owner Pacific Paradigm $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2015 11/02/15 Sold $550,000 +10.2% $221 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $499,000 -- $200 / 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 $3,832 $144,600 $0 $0
2022 $3,749 $140,390 $0 $0
2021 $3,685 $136,310 $0 $0
2020 $3,381 $132,340 $0 $0
2019 $3,257 $128,490 $0 $0
2018 $3,161 $124,750 $0 $0
2017 $3,030 $102,440 $0 $0
2016 $2,345 $99,460 $0 $0
2015 $2,284 $96,570 $0 $0
2014 $2,249 $93,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Val Thorpe

    Seller's Agent in 2015

    Val Thorpe

    Cascade Hasson Sotheby's International Realty

    (503) 349-0908

    159 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Jennifer Auge

    Cascade Hasson Sotheby's International Realty

    (503) 802-8819

    82 Total Sales

    Section Image

  • C

    Buyer's Agent in 2015

    Cory McCall

    Inhabit Real Estate

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15428028

Regional Multiple Listing Service (RMLS)

APN: R295454

Oregon Multnomah County Portland 97211 Vernon

4923 NE 16th Ave, Portland, OR

This home is located at 4923 NE 16th Ave, Portland, OR 97211 since 23 September 2015 and is currently estimated at $768,264, approximately $308 per square foot. This property was built in 1905. 4923 NE 16th Ave is a home located in Multnomah County with nearby schools including Vernon Elementary School, Jefferson High 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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