NOT LISTED FOR SALE

713 SE 17th Ave Unit 717 Portland, OR 97214

Buckman Neighborhood

Estimated Value: $862,000 - $1,378,105

4 Beds
4 Baths
4,146 Sq Ft
$264/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $850,000 $205 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,824/month

14 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating System
  • 4-minute walk to Colonel Summers Park
  • Cleveland High School Rated A-
  • Wood Siding

About This Home

As of January 2022

Property shows as a duplex on PortlandMaps but has been treated as a triplex for all intents and purposes. STR potential upper room with wet bar, or fully convert lower basement unit to ADU or legal unit. Ton's of income potential here. With a little work, this could be a trophy property in your portfolio. Buyers and their agents must conduct due diligence to their satisfaction. Financials are estimated market levels.

Last Agent to Sell the Property

Benjamin Ficker

Keller Williams Sunset Corridor License #200412166 Listed on: 11/18/2021

Keller Williams Sunset Corridor

Last Buyer's Agent

Kacharel Gibbs

Reger Homes, LLC License #201226069

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,374

Year Built

  • Built in 1909

Lot Details

  • 5,009

Parking

  • Detached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,146 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Apartment Living Space in Basement

Schools

  • Buckman Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes electricity, sewer, water
  • Assessor Parcel Number R114330

Community Details

Overview

  • 3 Units
  • Buckman Subdivision

Building Details

  • Operating Expense $18,900
  • Gross Income $75,600
  • Net Operating Income $56,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,374

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1909
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, SeparateLivingQuartersApartmentAuxLivingUnit
  • Storage: Attic,Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: VinylSiding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Parking Description: Detached, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R2.5
  • Parcel #: R114330

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 10374.18

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 11.24
  • Annual Gross Income: 75600.0
  • Property Net Operating Income: 56700.0
  • Annual Operating Expense: 18900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 21, 2021
Sold by
Riley Brinn S and Estate Of Andrew V Gillen
Bought by
Zoltner John and Carbonatto Monica Fuentes
Seller's Agent
Benjamin Ficker
Keller Williams Sunset Corridor
Buyer's Agent
Kacharel Gibbs
Reger Homes, LLC
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,095,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,026
Avg. Annual Appreciation
7.01%
Original Mortgage
$722,500
Outstanding Balance
$664,510
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$430,516

Purchase Details

Listed on
May 17, 2014
Closed on
Aug 26, 2014
Sold by
Fmk 17Th Llc
Bought by
Gillen Andrew
Seller's Agent
Kathy Rogers
Township Properties Real Estate LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
Original Mortgage
$492,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2012
Sold by
Kinyon Frederick M
Bought by
Fmk 17Th Llc

Purchase Details

Closed on
Apr 5, 2011
Sold by
Fmk 17Th Llc
Bought by
Kinyon Frederick M and Kinyon Belinda

Purchase Details

Closed on
Apr 23, 2010
Sold by
Kinyon Frederick M and Kinyon Belinda
Bought by
Fmk 17Th Llc

Purchase Details

Closed on
Sep 26, 2007
Sold by
Kinyon Frederick M
Bought by
Kinyon Frederick M and Kinyon Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.61%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 20, 2007
Sold by
Kinyon Frederick M and Kinyon Belinda
Bought by
Fmk 17Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.61%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 10, 1998
Sold by
Kinyon Frederick M and Kinyon Belinda
Bought by
Kinyon Frederick M and Kinyon Belinda

Purchase Details

Closed on
Jun 24, 1998
Sold by
Squire David C
Bought by
Kinyon Frederick M and Kinyon Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1997
Sold by
Mahaffey Dennis L
Bought by
Squire David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
7.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 27, 1997
Sold by
Mcgalliard Donald E
Bought by
Mahaffey Dennis L and Mahaffey Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
7.3%
Mortgage Type
Seller Take Back
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
Zoltner John $850,000 Ticor Title
Gillen Andrew $825,000 Fidelity National Title Co
Fmk 17Th Llc -- None Available
Kinyon Frederick M -- Accommodation
Fmk 17Th Llc -- Accommodation
Kinyon Frederick M -- Ticor Title Insurance Compan
Fmk 17Th Llc -- None Available
Kinyon Frederick M -- --
Kinyon Frederick M $276,500 Ticor Title Insurance
Squire David C $235,000 Chicago Title Insurance Co
Mahaffey Dennis L $45,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zoltner John $722,500
Previous Owner Gillen Andrew $492,000
Previous Owner Kinyon Frederick M $417,000
Previous Owner Kinyon Frederick M $193,500
Previous Owner Squire David C $23,500
Closed Squire David C $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $850,000 0.0% $205 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $850,000 +3.0% $205 / Sq Ft
09/03/2014 09/03/14 Sold $825,000 0.0% $199 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
05/17/2014 05/17/14 For Sale $825,000 -- $199 / 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 $12,228 $457,030 -- --
2023 $11,758 $443,720 $0 $0
2022 $11,503 $430,800 $0 $0
2021 $11,309 $418,260 $0 $0
2020 $10,374 $406,080 $0 $0
2019 $9,993 $394,260 $0 $0
2018 $9,699 $382,780 $0 $0
2017 $9,296 $371,640 $0 $0
2016 $8,507 $360,820 $0 $0
2015 $8,284 $350,320 $0 $0
2014 $8,159 $340,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21606343

Regional Multiple Listing Service (RMLS)

APN: R114330