NOT LISTED FOR SALE

624 SE 88th Ave Portland, OR 97216

Montavilla Neighborhood

Estimated Value: $650,000 - $830,000

8 Beds
7 Baths
3,588 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $775,000 $216 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,001/month

34 Days on Market

Highlights

  • Corner Lot
  • Washer and Dryer
  • Wood Siding
  • Views

About This Home

As of October 2021

Desirable one level 1944 2 bedroom 1 bath Bungalow plus a 2005 2 story 3 bedroom 2 1/2 bath duplex located on a desirable corner lot just blocks from Mall 205 and the popular Montavilla core area-Minutes to I-205, schools, Berrydale Park, restaurants, shopping & entertainment-All units have separate water meters & are billed directly-Tenants pay garbage-Professionally managed property with all rents current & solid rental history-Please do not disturb the tenants-This one is a keeper!

Last Agent to Sell the Property

Tony Lozzi

John L. Scott Portland Metro License #910500196 Listed on: 07/29/2021

John L. Scott Portland Metro

Co-Listed By

Kika Trnjanin

John L. Scott Portland Metro License #200311187

Last Buyer's Agent

Marian Hsu

Brokers Realty, Inc License #780302012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,884

Year Built

  • Built in 2005

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Off-Site Parking

Home Design

  • Wood Siding
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,884

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3588
  • Stories: 2
  • Year Built: 2005
  • Property Condition: Existing
  • Remarks Public: Desirable one level 1944 2 bedroom 1 bath Bungalow plus a 2005 2 story 3 bedroom 2 1/2 bath duplex located on a desirable corner lot just blocks from Mall 205 and the popular Montavilla core area-Minutes to I-205, schools, Berrydale Park, restaurants, shopping & entertainment-All units have separate water meters & are billed directly-Tenants pay garbage-Professionally managed property with all rents current & solid rental history-Please do not disturb the tenants-This one is a keeper!
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ALTAMEAD, BLOCK 9, LOT 14
  • Basement: Crawl Space, None

Exterior Features

  • Exterior Description: Lap Siding, T-111 Siding, Man Made, Shake Siding, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: Trees/Woods
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Off Site

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Harrison Park
  • Middle School: Harrison Park
  • High School: Madison

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: RM1

Rental Info

  • Rent Includes: Maintenance Grounds

Tax Info

  • Tax Amount: 8720.49
  • Assessor Parcel Number: R104448
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.35

MLS Schools

  • Elementary School: Harrison Park
  • High School: Madison
  • Middle School: Harrison Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 18, 2021
Sold by
Yan Stephen H and Rlt Julie
Bought by
Scj Properties Llc
Seller's Agent
Tony Lozzi
John L. Scott Portland Metro
Buyer's Agent
Marian Hsu
Brokers Realty, Inc
List Price
$785,000
Sold Price
$775,000
Premium/Discount to List
-$10,000
-1.27%
Current Estimated Value
$766,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,343

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 15, 2021
Sold by
Wagner Edwin R and Edwin R Wagner Living Trust
Bought by
Yan Stephen H and Hui Julie C
Seller's Agent
Tony Lozzi
John L. Scott Portland Metro
Buyer's Agent
Marian Hsu
Brokers Realty, Inc
List Price
$785,000
Sold Price
$775,000
Premium/Discount to List
-$10,000
-1.27%

Purchase Details

Closed on
Jun 27, 2013
Sold by
Wagner Edwin R
Bought by
Wagner Edward R and Edwin R Wagner Living Trust

Purchase Details

Closed on
Oct 26, 2004
Sold by
Aaa Certified Home Inspection
Bought by
Wagner Edwin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 26, 2004
Sold by
Silverado Group Llc
Bought by
Aaa Certified Home Inspection and Oregon Custom Home Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 2003
Sold by
Gunn Michael L
Bought by
Silverado Group Llc

Purchase Details

Closed on
Jan 29, 1998
Sold by
Webb Seneca L
Bought by
Gum Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,950
Interest Rate
7.05%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Scj Properties Llc -- None Available
Yan Stephen H $775,000 Wfg Title
Wagner Edward R -- None Available
Wagner Edwin R -- Chicago Title Co
Aaa Certified Home Inspection $127,500 Chicago Title Co
Silverado Group Llc $98,707 Chicago
Gum Michael L $99,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagner Edwin R $272,000
Previous Owner Aaa Certified Home Inspection $267,200
Previous Owner Gum Michael L $100,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $775,000 -1.3% $216 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $785,000 -- $219 / 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 $9,884 $372,990 $0 $0
2022 $9,670 $362,130 $0 $0
2021 $9,506 $351,590 $0 $0
2020 $8,720 $341,350 $0 $0
2019 $8,400 $331,410 $0 $0
2018 $8,153 $321,760 $0 $0
2017 $7,814 $312,390 $0 $0
2016 $7,151 $303,300 $0 $0
2015 $6,781 $294,470 $0 $0
2014 $6,542 $285,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony Lozzi

    Seller's Agent in 2021

    Tony Lozzi

    John L. Scott Portland Metro

    (503) 789-7090

    1 in this area

    77 Total Sales

    Section Image
  • Kika Trnjanin

    Seller Co-Listing Agent in 2021

    Kika Trnjanin

    John L. Scott Portland Metro

    (503) 730-5330

    1 in this area

    97 Total Sales

    Section Image
  • Marian Hsu

    Buyer's Agent in 2021

    Marian Hsu

    Brokers Realty, Inc

    (503) 228-5888

    2 in this area

    22 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21609904

Regional Multiple Listing Service (RMLS)

APN: R104448

Oregon Multnomah County Portland 97216 Montavilla

624 SE 88th Ave, Portland, OR

This home is located at 624 SE 88th Ave, Portland, OR 97216 since 29 July 2021 and is currently estimated at $766,657, approximately $213 per square foot. This property was built in 2005. 624 SE 88th Ave is a home located in Multnomah County with nearby schools including Harrison Park School, Leodis V. McDaniel High School, and Portland Arthur Academy.

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.

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