NOT LISTED FOR SALE

802 NE Faloma Rd Unit 814 Portland, OR 97211

East Columbia Neighborhood

Estimated Value: $507,000 - $685,479

6 Beds
2 Baths
2,812 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $270,000 $96 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,775/month

636 Days on Market

Highlights

  • Private Lot
  • Views
  • Level Lot
  • Wood Flooring
  • Garage
  • Wood Siding

About This Home

As of June 2015

Two single family detached homes on oversized lot. Close to Columbia Edgewater Country Club, Portland International Airport & the Marina. One home,2BR rents for $600/month, other home, 4BR rents for $1,125/month. Zoned R-10

Last Agent to Sell the Property

Emilio Fontana

Premiere Property Group, LLC License #920200114 Listed on: 07/09/2013

Premiere Property Group, LLC

Last Buyer's Agent

Emilio Fontana

Premiere Property Group, LLC License #920200114 Listed on: 07/09/2013

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,824

Year Built

  • Built in 1953

Lot Details

  • Private Lot
  • Level Lot

Parking

  • Garage
  • Open Parking

Home Design

  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,824

Year Built

Built in 1953

Lot Details

0

Parking

6

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2812
  • Stories: 2
  • Year Built: 1953
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Unfinished
  • Legal Description: SOUTH SHORE AC, LOT 15
  • Storage: Basement

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 6
  • Parking Description: Open, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Management Name: owner
  • Unit Features: Dishwasher, Hardwood Floors, Range, Refrigerator

Schools

  • Elementary School: Faubion
  • High School: Jefferson

Lot Info

  • Lot Description: On Busline, Level, Private, Gentle Sloping
  • Zoning: SFR

Tax Info

  • Tax Amount: 3899.68
  • Assessor Parcel Number: R272904

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.77

MLS Schools

  • Elementary School: Faubion
  • High School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2018
Sold by
Tesfu Gelila W
Bought by
Tesfu Betre M and Tesfuw Gelila
Current Estimated Value
$600,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,300
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2013
Closed on
Jun 17, 2015
Sold by
Forsstrom John D
Bought by
Tesfu Gelila W
Seller's Agent
Emilio Fontana
Premiere Property Group, LLC
Buyer's Agent
Emilio Fontana
Premiere Property Group, LLC
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$202,500
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2010
Sold by
Andrews Zola G
Bought by
Forsstrom John D and The Faloma Company Llc

Purchase Details

Closed on
Aug 29, 2003
Sold by
Forsstrom John
Bought by
Forsstrom John and Andrews Zola G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,700
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Tesfu Betre M -- Chicago Title
Tesfu Gelila W $270,000 First American
Forsstrom John D -- None Available
Forsstrom John $204,000 First American
Forsstrom John -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tesfu Gelila W $278,000
Closed Tesfu Betre M $278,300
Closed Tesfu Gelila W $202,500
Previous Owner Forsstrom John $307,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2015 06/22/15 Sold $270,000 -10.0% $96 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
07/09/2013 07/09/13 For Sale $299,900 -- $107 / 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 $5,824 $194,260 $0 $0
2022 $5,670 $188,610 $0 $0
2021 $5,562 $183,120 $0 $0
2020 $5,123 $177,790 $0 $0
2019 $4,932 $172,620 $0 $0
2018 $4,749 $167,600 $0 $0
2017 $4,508 $162,720 $0 $0
2016 $4,254 $157,990 $0 $0
2015 $4,170 $153,390 $0 $0
2014 -- $148,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Emilio Fontana

    Seller's Agent in 2015

    Emilio Fontana

    Premiere Property Group, LLC

    (503) 793-2612

    76 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13155671

Regional Multiple Listing Service (RMLS)

APN: R272904

Oregon Multnomah County Portland 97211 East Columbia

802 NE Faloma Rd Unit 814, Portland, OR

This home is located at 802 NE Faloma Rd Unit 814, Portland, OR 97211 since 09 July 2013 and is currently estimated at $608,370, approximately $216 per square foot. This property was built in 1953. 802 NE Faloma Rd Unit 814 is a home located in Multnomah County with nearby schools including Faubion School, Jefferson High School, and Roosevelt High School.

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