NOT LISTED FOR SALE

525 Lincoln St Unit 527 Fairview, OR 97024

Estimated Value: $286,000 - $465,000

4 Beds
2 Baths
1,404 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $390,000 $278 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,334/month

15 Days on Market

Highlights

  • Wood Burning Stove
  • Level Lot
  • 1-Story Property
  • Storage
  • Wood Siding

About This Home

As of March 2021

Come see this beautiful one level duplex with two 2 bedroom, 1 bathroom units. It features an open concept living space, modern finishes and new wood burning fireplaces. Huge yard and fenced patio. Located in the quaint City of Fairview, you'll enjoy proximity to the Troutdale Outlets, Columbia River and easy access to Highway 84. Minutes away from shopping, restaurants and bus line. GREAT INVESTMENT or perfect ownership opportunity for owner occupied. Listing agent is property owner.

Last Agent to Sell the Property

Ben Stanisel

MORE Realty License #201228068 Listed on: 01/29/2021

MORE Realty

Last Buyer's Agent

Amanda Rammer

RE/MAX Northwest License #201212361

RE/MAX Northwest

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 7,492

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Window Treatments
  • Storage
  • Crawl Space
  • Range

Parking

  • Paved Parking
  • Open Parking

Additional Features

  • 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

Year Built

Built in 1969 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1404
  • Stories: 1
  • Year Built: 1969
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FAIRVIEW, BLOCK 28, LOT 10
  • Basement: Crawl Space
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Common Amenities: Commons
  • Unit Features: Range, Refrigerator, Wood Stove, Window Coverings

Lot Info

  • Lot Description: Level
  • Zoning: RMF

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2469.38
  • Assessor Parcel Number: R160838
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.33

MLS Schools

  • Elementary School: Fairview
  • High School: Reynolds
  • Middle School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 29, 2021
Sold by
Stanisel Benjamin and Stanisel Allison M
Bought by
Gerke Tim Daniel and Adams Christiana
Seller's Agent
Ben Stanisel
MORE Realty
Buyer's Agent
Amanda Rammer
RE/MAX Northwest
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Current Estimated Value
$400,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,231
Avg. Annual Appreciation
0.54%
Original Mortgage
$292,500
Outstanding Balance
$262,059
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$138,172

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 24, 2018
Sold by
Pannell Ii Llc
Bought by
Stanisel Benjamin and Stanisel Allison M
Seller's Agent
Bev Blume
Keller Williams Realty Portland Elite
Buyer's Agent
Allison Stanisel
Skyline Real Estate
List Price
$299,900
Sold Price
$291,200
Premium/Discount to List
-$8,700
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$218,400
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2012
Sold by
Johnson Pamela J
Bought by
Pannell Ii Llc

Purchase Details

Closed on
Feb 14, 2007
Sold by
Pannell Clinton J
Bought by
Pannell Clinton J and Pannell Darlene S

Purchase Details

Closed on
Jan 9, 2007
Sold by
Pannell Darlene S
Bought by
Pannell Clinton J and Pannell Darlene S

Purchase Details

Closed on
Mar 5, 2004
Sold by
Pannell Darlene S
Bought by
Pannell Clinton J

Purchase Details

Closed on
Jan 11, 2001
Sold by
Pannell Clinton J
Bought by
Pannell Darlene S

Purchase Details

Closed on
Mar 29, 1999
Sold by
Pannell Clinton J
Bought by
Pannell Clinton J and Pannell Darlene S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gerke Tim Daniel $390,000 Chicago Title
Stanisel Benjamin $291,200 Ticor Title
Pannell Ii Llc -- None Available
Pannell Clinton J -- None Available
Pannell Clinton J -- None Available
Pannell Clinton J -- --
Pannell Darlene S -- --
Pannell Clinton J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerke Tim Daniel $292,500
Previous Owner Stanisel Benjamin $218,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $390,000 -2.5% $278 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $399,900 0.0% $285 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $399,900 +37.3% $285 / Sq Ft
05/08/2018 05/08/18 Sold $291,200 -2.9% $207 / Sq Ft View Prior Sale
03/15/2018 03/15/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $299,900 -- $214 / 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 $3,143 $173,170 -- --
2024 $2,972 $168,130 -- --
2023 $2,900 $163,240 $0 $0
2022 $2,831 $158,490 $0 $0
2021 $2,758 $153,880 $0 $0
2020 $2,574 $149,400 $0 $0
2019 $2,469 $145,050 $0 $0
2018 $2,445 $140,830 $0 $0
2017 $2,368 $136,730 $0 $0
2016 $2,268 $132,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Ben Stanisel

    MORE Realty

    Section Image
  • Amanda Rammer

    Buyer's Agent in 2021

    Amanda Rammer

    RE/MAX

    (541) 285-3818

    202 Total Sales

    Amanda Rammer
    Section Image
  • Bev Blume

    Seller's Agent in 2018

    Bev Blume

    Keller Williams Realty Portland Elite

    (503) 482-8005

    216 Total Sales

    Bev Blume
    Section Image
  • Allison Stanisel

    Buyer's Agent in 2018

    Allison Stanisel

    Skyline Real Estate

    (503) 701-8732

    52 Total Sales

    Allison Stanisel
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21188432

Regional Multiple Listing Service (RMLS)

APN: R160838

Oregon Multnomah County Fairview 97024

525 Lincoln St Unit 527, Fairview, OR

Not Listed for Sale

MultiFamily

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