NOT LISTED FOR SALE

515 SE 137th Ave Unit 525 Portland, OR 97233

Hazelwood Neighborhood

Estimated Value: $546,000 - $858,000

4 Beds
2 Baths
3,716 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $810,000 $218 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,355/month

Highlights

  • Private Lot
  • Storage
  • Landscaped with Trees
  • Double Pane Windows
  • Handicap Accessible
  • Property is near a bus stop

About This Home

As of March 2022

Turnkey 4plex maintained in excellent condition. 2units have been completely remodeled with LVP flooring & complete interior paint. All have been rewired, replumbed,fully insulated w/2Xpane vinyl windows, sound walls between each unit, attic firewalls & forced air Williams wall furnaces. Driveways on Stark have been re-poured. Roof has been meticulously maintained. Large private shared yard on over 1/2 acre, basement w/coin operated laundry facilities & 448cu ft individual locked storage units.

Last Agent to Sell the Property

Daniela Sardo

Real Broker License #200501247 Listed on: 02/17/2022

Last Buyer's Agent

Mark Borgeson

Premiere Property Group, LLC License #940200194

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,528

Year Built

  • Built in 1942 | Remodeled

Lot Details

  • Private Lot
  • Corner Lot
  • Landscaped with Trees

Parking

  • Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Window Treatments
  • Storage

Kitchen

  • Range
  • Dishwasher

Basement

  • Exterior Basement Entry
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Energy-Efficient Insulation
  • Property is near a bus stop

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes electricity, trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,528

Year Built

Built in 1942 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3716
  • Stories: 1
  • Year Built: 1942
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FORWARDS HOME SITES, BLOCK 2, N 6' OF LOT 11, LOT 12
  • Basement: Exterior Entry, Storage Space
  • Storage: Individual Storage Units, Basement

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • Road Surface: Concrete

Garage/Parking

  • Parking Description: Garage

Utilities

  • Energy Efficiency Features: Insulation and Ceiling Insulation, Partial Ceiling Insulation, Added Wall Insulation, Double Pane Windows
  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air
  • Security: Handicap Access, Sidewalk

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Range, Refrigerator, Window Coverings

Lot Info

  • Lot Description: On Busline, Corner Lot, Private, Trees
  • Zoning: RM1
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: Yes

Rental Info

  • Rent Includes: Electricity, Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 5273.79
  • Assessor Parcel Number: R165721
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 17.75

MLS Schools

  • Elementary School: Menlo Park
  • High School: David Douglas
  • Middle School: Floyd Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 17, 2022
Sold by
Myers Randall L
Bought by
Belay Wedad
Seller's Agent
Daniela Sardo
Real Broker
Buyer's Agent
Mark Borgeson
Premiere Property Group, LLC
List Price
$785,333
Sold Price
$810,000
Premium/Discount to List
$24,667
3.14%
Current Estimated Value
$726,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,288
Avg. Annual Appreciation
-2.95%

Purchase Details

Closed on
Apr 20, 2006
Sold by
Myers Randy L and Myers Randall
Bought by
Myers Randall L

Purchase Details

Closed on
Mar 14, 2001
Sold by
Myers Darlene L
Bought by
Myers Randy L and Myers Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 1996
Sold by
Myers Darlene L
Bought by
Myers Darlene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1995
Sold by
Moldovan Pete
Bought by
Burns Wendy Ranay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.36%
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
Belay Wedad $810,000 Fidelity National Title
Myers Randall L -- Pacific Nw Title
Myers Randy L -- Fidelity National Title Co
Myers Darlene L -- Stewart Title
Burns Wendy Ranay $132,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers Randy L $240,000
Previous Owner Myers Darlene L $128,000
Previous Owner Burns Wendy Ranay $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold $810,000 +3.1% $218 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $785,333 -- $211 / 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 $6,528 $273,620 -- --
2023 $6,244 $265,660 $0 $0
2022 $5,919 $257,930 $0 $0
2021 $5,822 $250,420 $0 $0
2020 $5,274 $243,130 $0 $0
2019 $5,106 $236,050 $0 $0
2018 $4,949 $229,180 $0 $0
2017 $4,766 $222,510 $0 $0
2016 $4,641 $216,030 $0 $0
2015 $4,263 $209,740 $0 $0
2014 $4,026 $203,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniela Sardo

    Seller's Agent in 2022

    Daniela Sardo

    Real Broker

    (503) 310-9127

    4 in this area

    67 Total Sales

    Daniela Sardo
    Section Image

  • M

    Buyer's Agent in 2022

    Mark Borgeson

    Premiere Property Group, LLC

    (503) 539-5435

    1 in this area

    6 Total Sales

    Mark Borgeson
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22211097

Regional Multiple Listing Service (RMLS)

APN: R165721

Oregon Multnomah County Portland 97233 Hazelwood

515 SE 137th Ave Unit 525, Portland, OR

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