NOT LISTED FOR SALE

8245 SE Bush St Unit 8247 Portland, OR 97266

Lents Neighborhood

Estimated Value: $500,000 - $541,556

6 Beds
2 Baths
2,300 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $360,000 $157 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,415/month

42 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 1-Story Property
  • Garage
  • Wood Siding

About This Home

As of October 2022

Great opportunity for investors and builders! RM1 - Residential Multi-Dwelling. Potential to build 3 units or more density! 8245-8247 Duplex damaged by fire and water recently. Value is on land. Buyer to verity with City of Portland. Sale as is.

Last Agent to Sell the Property

Chunjuan Ye

Brantley Christianson Real Estate License #201230614 Listed on: 08/16/2022

Last Buyer's Agent

Amy Liu

Oregon First License #201239122

Oregon First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,344

Year Built

  • Built in 1940

Lot Details

  • Level Lot

Parking

  • Garage

Home Design

  • Fixer Upper
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Harrison Park Elementary And Middle School
  • Leodis Mcdaniel High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R172396

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,344

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1940
  • Property Condition: Fixer
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Harrison Park
  • High School: Leodis McDaniel
  • Middle Or Junior School: Harrison Park

Lot Info

  • Zoning: RM1
  • Parcel #: R172396

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 6344.1

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Sep 28, 2022
Sold by
Au James
Bought by
Yu Kitson
Seller's Agent
Chunjuan Ye
Brantley Christianson Real Estate
Buyer's Agent
Amy Liu
Oregon First
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Views
5
Current Estimated Value
$515,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,715
Avg. Annual Appreciation
13.51%

Purchase Details

Listed on
Sep 12, 2014
Closed on
Jan 4, 2016
Sold by
Nguyen Hanh
Bought by
Au James and Chu Lai Fong Au
Seller's Agent
Tony Ngo
Real Estate Performance Group
Buyer's Agent
Amy Shum Cheung
Call it Closed International, Inc
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Oct 5, 2005
Sold by
Young Allison and Hoover Travis
Bought by
Nguyen Hanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 20, 2005
Sold by
Young Allyson
Bought by
Young Allyson and Hoover Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 20, 2005
Sold by
Hoover Travis
Bought by
Young Allyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 18, 2003
Sold by
Danielson Lloyd Arthur
Bought by
Hoover Travis and Young Allyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Yu Kitson $360,000 First American Title
Au James $280,000 Wfg Title
Nguyen Hanh $260,000 Ticor Title Insurance Compan
Young Allyson -- Ticor Title Insurance Compan
Young Allyson -- Ticor Title Insurance Compan
Hoover Travis $177,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Hanh $183,600
Previous Owner Nguyen Hanh $208,000
Previous Owner Young Allyson $168,750
Previous Owner Hoover Travis $159,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $360,000 -2.7% $157 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $369,900 -7.3% $161 / Sq Ft
08/15/2022 08/15/22 For Sale $399,000 +42.5% $173 / Sq Ft
01/05/2016 01/05/16 Sold $280,000 -6.4% $122 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
09/12/2014 09/12/14 For Sale $299,000 -- $130 / 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 $7,097 $271,340 $0 $0
2022 $7,034 $263,440 $0 $0
2021 $6,915 $255,770 $0 $0
2020 $6,344 $248,330 $0 $0
2019 $6,111 $241,100 $0 $0
2018 $5,931 $234,080 $0 $0
2017 $5,475 $227,270 $0 $0
2016 $5,203 $220,660 $0 $0
2015 $4,874 $214,240 $0 $0
2014 $4,456 $208,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chunjuan Ye

    Seller's Agent in 2022

    Chunjuan Ye

    Brantley Christianson Real Estate

    (541) 220-6816

    2 in this area

    128 Total Sales

    Section Image
  • Amy Liu

    Buyer's Agent in 2022

    Amy Liu

    Oregon First

    (503) 667-5686

    4 in this area

    63 Total Sales

    Section Image
  • Tony Ngo

    Seller's Agent in 2016

    Tony Ngo

    Real Estate Performance Group

    (503) 281-8288

    4 in this area

    128 Total Sales

    Section Image
  • Amy Shum Cheung

    Buyer's Agent in 2016

    Amy Shum Cheung

    Call it Closed International, Inc

    9 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22347382

Regional Multiple Listing Service (RMLS)

APN: R172396

Oregon Multnomah County Portland 97266 Lents

8245 SE Bush St Unit 8247, Portland, OR

This home is located at 8245 SE Bush St Unit 8247, Portland, OR 97266 since 16 August 2022 and is currently estimated at $517,639, approximately $225 per square foot. This property was built in 1940. 8245 SE Bush St Unit 8247 is a home located in Multnomah County with nearby schools including Harrison Park School, Leodis V. McDaniel High School, and Grace Lutheran School.

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