NOT LISTED FOR SALE

501 SE 157th Ave Portland, OR 97233

Centennial Neighborhood

Estimated Value: $610,000 - $834,000

6 Beds
3 Baths
3,503 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 18, 2017

Last sale price $512,000 $146 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,675/month

48 Days on Market

Highlights

  • RV Access or Parking
  • Private Lot
  • Fireplace
  • Wood Burning Stove
  • Wood Flooring
  • Air Conditioning

About This Home

As of April 2017

Zoned R2, potential for up to 10 units. Old-world European charm throughout this remodeled triplex that sits on .48 acre. All 3 units have been tastefully remodeled and have 2 bedrooms, 1 bath. Mature private landscaping, 2 outdoor fireplaces, detached storage and plenty of parking. New roof in 2017.

Last Agent to Sell the Property

Jessie Jones

John L. Scott Sandy License #200802224 Listed on: 01/24/2017

John L. Scott Sandy

Last Buyer's Agent

Jeffrey Capen

Windermere Realty Trust License #200308199

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,386

Year Built

  • Built in 1947

Lot Details

  • Private Lot
  • Secluded Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Fireplace
  • Wood Burning Stove
  • Wood Flooring
  • Crawl Space
  • Dishwasher
  • Washer and Dryer Hookup

Parking

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

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,386

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3503
  • Year Built: 1947
  • Property Condition: Approximately
  • Remarks Public: Zoned R2, potential for up to 10 units. Old-world European charm throughout this remodeled triplex that sits on .48 acre. All 3 units have been tastefully remodeled and have 2 bedrooms, 1 bath. Mature private landscaping, 2 outdoor fireplaces, detached storage and plenty of parking. New roof in 2017.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: RITLOW AC, BLOCK B, W 140' OF E 165' LOT 2 EXC N 70'
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Tile

Garage/Parking

  • Parking Description: RV Access/Parking

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Washer/Dryer Hookup, Wood Stove, Wood Floors, Air Conditioning

Schools

  • Elementary School: Harold Oliver
  • High School: Centennial

Lot Info

  • Lot Description: Level, Private, Secluded, Trees
  • Zoning: R2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6812.21
  • Assessor Parcel Number: R255684

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.19

MLS Schools

  • Elementary School: Harold Oliver
  • High School: Centennial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2020
Sold by
Charlle S Assets Llc
Bought by
Enderle Gilbert Ahr
Current Estimated Value
$731,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$339,092
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$392,209

Purchase Details

Listed on
Jan 24, 2017
Closed on
Mar 13, 2017
Sold by
Peltier Richard
Bought by
Capen Gregory A
Seller's Agent
Jessie Jones
John L. Scott Sandy
Buyer's Agent
Jeffrey Capen
Windermere Realty Trust
List Price
$462,000
Sold Price
$512,000
Premium/Discount to List
$50,000
10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$384,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2001
Sold by
Bankers Trust Company
Bought by
Snyder R Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1997
Sold by
High 5 Entertainment Group Inc
Bought by
High 5 Investments Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1997
Sold by
Scales Wallace O
Bought by
Scales Wallace O and Brigham Clifford James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.3%
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
Enderle Gilbert Ahr -- First American
Capen Gregory A $512,000 First American
Snyder R Bruce $225,000 Fidelity National Title Co
High 5 Investments Group Inc $310,000 --
Scales Wallace O -- Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enderle Gilbert Ahr $380,000
Previous Owner Capen Gregory A $384,000
Previous Owner Snyder R Bruce $168,750
Previous Owner Scales Wallace O $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2017 04/18/17 Sold $512,000 +10.8% $146 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $462,000 -- $132 / 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 $9,386 $410,790 -- --
2023 $8,985 $398,830 $0 $0
2022 $8,766 $387,220 $0 $0
2021 $8,842 $375,950 $0 $0
2020 $7,885 $365,000 $0 $0
2019 $7,587 $354,370 $0 $0
2018 $7,333 $344,050 $0 $0
2017 $7,065 $334,030 $0 $0
2016 $6,812 $324,310 $0 $0
2015 $6,311 $314,870 $0 $0
2014 $5,864 $305,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessie Jones

    Seller's Agent in 2017

    Jessie Jones

    John L. Scott Sandy

    (971) 645-6067

    1 in this area

    103 Total Sales

    Jessie Jones
    Section Image
  • Jeffrey Capen

    Buyer's Agent in 2017

    Jeffrey Capen

    Windermere Realty Trust

    (503) 888-5191

    5 in this area

    295 Total Sales

    Jeffrey Capen
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17358262

Regional Multiple Listing Service (RMLS)

APN: R255684

Oregon Multnomah County Portland 97233 Centennial

501 SE 157th Ave, Portland, OR

This home is located at 501 SE 157th Ave, Portland, OR 97233 since 24 January 2017 and is currently estimated at $731,301, approximately $208 per square foot. This property was built in 1947. 501 SE 157th Ave is a home located in Multnomah County with nearby schools including Parklane Elementary School, Centennial Middle School, and Centennial 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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