NOT LISTED FOR SALE

520 NE Russell St Unit 522 Portland, OR 97212

Estimated Value: $536,000 - $1,015,000

5 Beds
2 Baths
2,400 Sq Ft
$302/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $785,000 $327 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,049/month

3 Days on Market

Highlights

  • Deck
  • Fireplace
  • Level Lot
  • Irvington Elementary School Rated 10
  • Washer and Dryer

About This Home

As of March 2017

Great NE PDX location, recently remodeled duplex in excellent condition with plenty of room and all of the modern features. New kitchens, baths, floors, roof, mechanicals, sewer line, windows, etc with a fabulous backyard! Great location close to transit, shopping, and dining! Please don't disturb our great tenants, but call Suzanne for more info!

Last Agent to Sell the Property

Suzanne Page

John L. Scott License #200910123 Listed on: 02/17/2017

John L. Scott

Last Buyer's Agent

Julee Bean

Corcoran Prime License #201208618

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,493

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • 3,136

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Crawl Space
  • Washer and Dryer

Additional Features

  • Deck
  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,493

Year Built

Built in 1912 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2400
  • Stories: 3
  • Year Built: 1912
  • Property Condition: Updated/Remodeled
  • Remarks Public: Great NE PDX location, recently remodeled duplex in excellent condition with plenty of room and all of the modern features. New kitchens, baths, floors, roof, mechanicals, sewer line, windows, etc with a fabulous backyard! Great location close to transit, shopping, and dining! Please don't disturb our great tenants, but call Suzanne for more info!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ALBINA, BLOCK 6, W 1/2 OF LOT 23
  • Basement: Crawl Space

Exterior Features

  • Roof Type: Composition

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Security: Sidewalk

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Deck, Fireplace, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Irvington
  • Middle School: Irvington
  • High School: Grant

Lot Info

  • Lot Description: Level
  • Zoning: R2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 1734.79
  • Assessor Parcel Number: R101900

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.02

MLS Schools

  • Elementary School: Irvington
  • High School: Grant
  • Middle School: Irvington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
Mar 22, 2017
Sold by
Grady Scott
Bought by
Schiavo Stephanie
Seller's Agent
Suzanne Page
John L. Scott
Buyer's Agent
Julee Bean
Corcoran Prime
List Price
$775,000
Sold Price
$785,000
Premium/Discount to List
$10,000
1.29%
Current Estimated Value
$724,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,518
Avg. Annual Appreciation
-2.06%
Original Mortgage
$476,420
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2014
Closed on
Sep 10, 2014
Sold by
Weill Beau C
Bought by
Grady Scott
Seller's Agent
Jason Waxberg
Equity Pacific Real Estate LLC
Buyer's Agent
Hope Beraka
Think Real Estate
List Price
$419,900
Sold Price
$395,500
Premium/Discount to List
-$24,400
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.12%
Original Mortgage
$316,400
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2009
Sold by
Lewis Leaha
Bought by
Weill Beau C and Weill Christopher P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2007
Sold by
Charles W Wainwright Trust
Bought by
Lewis Leaha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
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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
Schiavo Stephanie $785,000 First American
Grady Scott $395,500 Wfg Title
Weill Beau C $315,000 Ticor Title
Lewis Leaha $240,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schiavo Stephanie $476,420
Previous Owner Grady Scott $316,400
Previous Owner Weill Beau C $175,000
Previous Owner Lewis Leaha $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $785,000 +1.3% $327 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $775,000 +96.0% $323 / Sq Ft
09/12/2014 09/12/14 Sold $395,500 -5.8% $245 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $419,900 -- $260 / 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 $2,493 $93,170 -- --
2023 $2,397 $90,460 $0 $0
2022 $2,345 $87,830 $0 $0
2021 $2,306 $85,280 $0 $0
2020 $2,115 $82,800 $0 $0
2019 $2,038 $80,390 $0 $0
2018 $1,978 $78,050 $0 $0
2017 $1,895 $75,780 $0 $0
2016 $1,735 $73,580 $0 $0
2015 $1,689 $71,440 $0 $0
2014 $1,664 $69,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17636869

Regional Multiple Listing Service (RMLS)

APN: R101900