NOT LISTED FOR SALE

731 SE Linn St Unit 733 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $570,000 - $713,000

4 Beds
2 Baths
3,492 Sq Ft
$187/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $560,000 $160 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,015/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • Private Lot
  • Baseboard Heating
  • Duniway Elementary School Rated 9+
  • Landscaped with Trees
  • Controlled Entrance

About This Home

As of January 2018

Fantastic opportunity in the heart of the iconic Sellwood neighborhood! Large units w/ full, high-ceiling bsmnts. Kitchens include dishwashers, disposals, refrigerators, ranges & dining nooks. Spacious LR w/ brick floor-to-ceiling, wood burning fireplaces. Vinyl windows. Basements may be converted into 2 additional units w/ separate exterior access. Buyer to do due diligence regarding residential high-density zoning. Built like a rock!

Last Agent to Sell the Property

Sally Olsson

Real Broker License #201208765 Listed on: 11/28/2017

Real Broker

Co-Listed By

Don Olsson

Premiere Property Group, LLC License #790900193

Last Buyer's Agent

Lee McKnight

Cascade Hasson Sotheby's International Realty License #960300246

Cascade Hasson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,563

Year Built

  • Built in 1966

Lot Details

  • Private Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 4 Car Garage
  • Carport
  • Controlled Entrance

Home Design

  • Composition Roof
  • Cedar

Interior Spaces

  • 3,492 Sq Ft Home
  • 2-Story Property
  • Views of Woods

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Duniway Elementary School
  • Sellwood Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R268086

Community Details

Overview

  • 2 Units
  • Sellwood Subdivision

Building Details

  • Operating Expense $7,708
  • Gross Income $31,065
  • Net Operating Income $23,357

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,563

Year Built

Built in 1966

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1966
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • View: Yes
  • Lot Features: Level, Private, Trees
  • Disclosures: Disclosure
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Carport, Paved
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Entry, Sidewalk
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Duniway
  • High School: Cleveland
  • Middle Or Junior School: Sellwood

Lot Info

  • Zoning: RHD
  • Parcel #: R268086

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 19.31
  • Annual Gross Income: 31065.0
  • Property Net Operating Income: 23357.0
  • Annual Operating Expense: 7708.0

Tax Info

  • Tax Annual Amount: 4562.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2022
Sold by
Ellsworth Llc
Bought by
Maull Genevieve L and Mills Alexander G
Current Estimated Value
$651,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,450
Outstanding Balance
$187,062
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$464,657

Purchase Details

Listed on
Nov 28, 2017
Closed on
Mar 8, 2018
Sold by
Maull Genevieve
Bought by
Maull Genevieve and Mills Alexander
Seller's Agent
Sally Olsson
Real Broker
Buyer's Agent
Lee McKnight
Cascade Hasson Sotheby's International Realty
List Price
$599,950
Sold Price
$560,000
Premium/Discount to List
-$39,950
-6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Original Mortgage
$200,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2008
Sold by
Olsson Donald R
Bought by
Mossbarger Owen W and Mossbarger Anne M

Purchase Details

Closed on
Oct 11, 2004
Sold by
Dno Llc
Bought by
Olsson Donald R and Olsson Nancy M

Purchase Details

Closed on
Feb 28, 2002
Sold by
Olsson Donald R
Bought by
Dno Llc

Purchase Details

Closed on
Apr 5, 2001
Sold by
Dno Llc
Bought by
Olsson Donald R and Olsson Nancy M
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
Maull Genevieve L -- First American Title
Maull Genevieve -- Wfg Title
Mossbarger Owen W $360,000 First American
Olsson Donald R -- Fatco
Dno Llc -- --
Olsson Donald R -- --
Dno Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maull Genevieve L $201,450
Previous Owner Maull Genevieve $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $560,000 -6.7% $160 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $599,950 -- $172 / 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 $6,557 $245,090 -- --
2023 $6,306 $237,960 $0 $0
2022 $6,169 $231,030 $0 $0
2021 $6,065 $224,310 $0 $0
2020 $5,564 $217,780 $0 $0
2019 $5,359 $211,440 $0 $0
2018 $5,202 $205,290 $0 $0
2017 $4,986 $199,320 $0 $0
2016 $4,563 $193,520 $0 $0
2015 $4,443 $187,890 $0 $0
2014 $4,376 $182,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17471381

Regional Multiple Listing Service (RMLS)

APN: R268086