NOT LISTED FOR SALE

Estimated Value: $379,489 - $538,000

6 Beds
4 Baths
2,800 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $645,000 $230 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $2,716/month

5 Days on Market

Highlights

  • Wood Flooring
  • Washer and Dryer
  • Level Lot
  • Corner Lot

About This Home

As of May 2021

Brooklyn Neighborhood - Corner lot property with R2.5 zoning. This is a Great owner occupied opportunity with huge investment potential.Convert 3rd non-conforming unit to permitted ADU. Upside rent potential on all units.City passed Infill Project with possibilities for additional units!Buyer to verify with city on all your options.1031 Exchange - no cost to buyer. Radon, sewer reports available.

Last Agent to Sell the Property

Sondra Schanbacher

MORE Realty License #200503079 Listed on: 03/30/2021

MORE Realty

Last Buyer's Agent

Kelly Stafford

Home Sweet Home Realty, LLC License #200702039

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 1957

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher

Utilities

  • Gas Water Heater

Community Details

  • 3 Units
  • Property managed by Call Listing Agent

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,840

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2800
  • Stories: 2
  • Year Built: 1957
  • Remarks Public: Brooklyn Neighborhood - Corner lot property with R2.5 zoning. This is a Great owner occupied opportunity with huge investment potential.Convert 3rd non-conforming unit to permitted ADU. Upside rent potential on all units.City passed Infill Project with possibilities for additional units!Buyer to verify with city on all your options.1031 Exchange - no cost to buyer. Radon, sewer reports available.
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: BOISES ADD, BLOCK 1, LOT 17&18
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Metal
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Management Name: Call Listing Agent
  • Unit Features: Dishwasher, Hardwood Floors, Microwave, Refrigerator, Washer/Dryer Hookup, Washer/Dryer

Schools

  • Elementary School: Grout
  • Middle School: Hosford
  • High School: Cleveland

Lot Info

  • Lot Description: Corner Lot, Level, Gentle Sloping
  • Zoning: R2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 5979.55
  • Assessor Parcel Number: R117869
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 17.20

MLS Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Aug 29, 2017
Sold by
Hill Robert S
Bought by
Mccammon Haley and Baker James
Seller's Agent
Chris Bonner
Neighbors Realty
Buyer's Agent
Shelley Zavitz
Dwell Realty
List Price
$395,000
Sold Price
$395,000
Total Days on Market
5
Current Estimated Value
$441,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,622
Avg. Annual Appreciation
1.20%
Original Mortgage
$316,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2017
Sold by
Smith Norman
Bought by
Hill Robert 8 and Smith Norman T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2015
Sold by
Smith Norman
Bought by
Smith Norman and Hill Robert

Purchase Details

Closed on
Jan 18, 2013
Sold by
Kohler Douglas Andrew
Bought by
Smith Norman Thomas

Purchase Details

Closed on
Oct 3, 2007
Sold by
Smith Norman T
Bought by
Smith Norman T and Kohler Douglas A

Purchase Details

Closed on
Jul 19, 2005
Sold by
Kohler Douglas Andrew
Bought by
Smith Norman T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,025
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2003
Sold by
Lincoln Loan Co
Bought by
Kohler Douglas Andrew and Smith Norman Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1999
Sold by
Peters Evelyn D
Bought by
Swartz Steve
Source: Public Records

Similar Homes in Portland, OR

  • 7412 SE Woodstock Blvd, Portland, OR 97206

    $490,000

    • 4 Beds
    • 4 Baths
    • 1,728 Sq Ft
    • 7412 SE Woodstock Blvd
    • Portland, OR

    Duplex in the Woodstock neighborhood. Get ready to begin or continue your investment journey with a fantastic property. This one-level duplex includes a covered parking space, two bedrooms, one full bathroom, an additional half bath in the primary bedroom, and a spacious laundry room in each unit (the photos depict the updated unit). Each unit offers 864 square feet, while the entire duplex spans

    Angie Bissett Cascade Hasson Sotheby's International Realty

    Section Image
  • 8416 SE Insley St Unit 8420, Portland, OR 97266

    $550,000

    • 5 Beds
    • 3 Baths
    • 2,228 Sq Ft
    • 8416 SE Insley St
    • Unit 8420
    • Portland, OR

    Nice and clean triplex ready to buy and add to your real estate portfolio. Easy access to freeway and public transportation and consistent tenants in place makes this a smart investment. Nice updates in these units with newer kitchens, granite counters, new floors, newer paint and window coverings. Rents are currently below market which offers some room for future upside.

    Chris Suarez Keller Williams Sunset Corridor

    Section Image
  • 2732 SE 87th Ave Unit 2736, Portland, OR 97266

    $473,200

    • 4 Beds
    • 14 Baths
    • 2732 SE 87th Ave
    • Unit 2736
    • Portland, OR

    Townhome Style Duplex on large private flag lot, new roof in 2024. Spacious bedrooms, sliding glass door to very large back yards, , vaulted ceilings with 2 1/2 baths, separate water meters, attached single-car garages. Great residential pocket just south of Division. Vinyl siding for easy outside maintenance. Live in one and rent the other. Additional parking spaces. Qualifies for DSCR loans for

    Harlan Mayer RealEstatePDX.com

    Section Image
  • 408 SE 99th Ave, Portland, OR 97216

    $485,000

    • 4 Beds
    • 3 Baths
    • 408 SE 99th Ave
    • Portland, OR

    ***Ask About the 5.25% Assumable Rate***Freshly renovated triplex in a prime location with quick easy access to I-205. This versatile investment property offers a well-balanced unit mix: one 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Unit A has been fully renovated, while Units B and C provide an excellent value-add opportunity. With one unit currently vacant, this is a perfect option

    Sabrina James SMI Commercial Real Estate LLC

    Section Image
  • 1335 NE 119th Ave, Portland, OR 97220

    $550,000

    • 6 Beds
    • 3 Baths
    • 3,370 Sq Ft
    • 1335 NE 119th Ave
    • Portland, OR

    Great investment opportunity. Fully rented with month-to-month long term tenants. Listing includes a package of two tax lots: a 3,370 sq. ft. triplex on a 6,134 sq. ft. lot and vacant lot on 6,237 sq. ft. All units have 2BR/1 bath on one level. To the north, is a vacant level developable parcel of land (6,237 Sq. Ft 0.14 acres.) See MLS# 182776735 included in this sale. Both tax properties are

    Timothy Fowler Keller Williams Premier Partners

    Section Image
  • 1108 SE 149th Place Unit 1110, Portland, OR 97233

    $540,000

    • 5 Beds
    • 3 Baths
    • 1,926 Sq Ft
    • 1108 SE 149th Place
    • Unit 1110
    • Portland, OR

    High interest rates got you stressed? Looking for a way to invest in the market and supplement your mortgage cost? Look no further! Fantastic opportunity for an owner-occupied investor to purchase this fantastic, freshly renovated duplex! The vacant THREE BEDROOM 2 BATHROOM unit has been freshly renovated: brand new solid surface flooring throughout, vaulted ceilings, new kitchen, appliances and

    Jacob Weigel Living Room Realty

    Section Image
  • 15522 SE Stark St, Portland, OR 97233

    $449,900

    • 4 Beds
    • 4 Baths
    • 2,178 Sq Ft
    • 15522 SE Stark St
    • Portland, OR

    Best value duplex on the East side to start or grow your rental portfolio! Seller has left one unit vacant for the owner occupant who wants to “house hack” and occupy one unit while renting the other…OR rent out both sides and have an excellent investment income property producing over a 6% cap rate. This well-maintained duplex has spacious 2-bedroom townhome-style units of 1089 ft2 with an

    Jeff Stephens MORE Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mccammon Haley $395,000 First American
Hill Robert 8 -- Wfg Title
Smith Norman -- None Available
Smith Norman Thomas -- None Available
Smith Norman T -- None Available
Smith Norman T -- First American
Kohler Douglas Andrew -- Fatco
Swartz Steve $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccammon Haley $310,000
Closed Mccammon Haley $316,000
Previous Owner Hill Robert 8 $223,200
Previous Owner Kohler Douglas A $196,900
Previous Owner Kohler Douglas A $193,900
Previous Owner Smith Norman T $24,900
Previous Owner Smith Norman T $137,025
Previous Owner Kohler Douglas Andrew $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $645,000 -0.8% $230 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $650,000 +64.6% $232 / Sq Ft
08/31/2017 08/31/17 Sold $395,000 0.0% $238 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $395,000 -- $238 / 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 $2,840 $107,180 $0 $0
2022 $2,779 $104,060 $0 $0
2021 $2,732 $101,030 $0 $0
2020 $2,506 $98,090 $0 $0
2019 $2,414 $95,240 $0 $0
2018 $2,343 $92,470 $0 $0
2017 $2,246 $89,780 $0 $0
2016 $2,055 $87,170 $0 $0
2015 $2,001 $84,640 $0 $0
2014 $1,971 $82,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21684237

Regional Multiple Listing Service (RMLS)

APN: R224552