NOT LISTED FOR SALE

8534 SE 13th Ave Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $617,000 - $819,985

4 Beds
2 Baths
2,639 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $675,000 $256 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,419/month

4 Days on Market

Highlights

  • Seasonal View
  • Corner Lot
  • Garage
  • Duniway Elementary School Rated 9+
  • 90% Forced Air Heating System
  • Wood Siding

About This Home

As of May 2021

Check out this 1907 Craftsman Duplex in the heart of Sellwood (w/ wrap around porch)! Main level unit (A) is occupied by owner. Upper unit (B) is rented at $1495 per mo! (Full basement access from Unit A). Original hardwoods, newer baseboard heat in upper unit, vinyl windows, updated kitchens and new plumbing from street in 2014! Detached 2 car garage (split, to rent by side). Storage shed in back. GREAT LOCATION on a corner lot! Walking distance to shopping, parks AND amazing food!!

Last Agent to Sell the Property

Nic Isfeld

Better Homes & Gardens Realty License #201215687 Listed on: 04/01/2021

Better Homes & Gardens Realty

Last Buyer's Agent

Kelsey Acosta

John L. Scott License #201225935

John L. Scott

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,279

Year Built

  • Built in 1907 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,639 Sq Ft Home
  • 3-Story Property
  • Seasonal Views
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

  • No Cooling
  • 90% Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R267348

Community Details

Overview

  • 3 Units
  • Sellwood Subdivision

Building Details

  • Operating Expense $8,685
  • Gross Income $17,940
  • Net Operating Income $9,255

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,279

Year Built

Built in 1907 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1907
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Seasonal

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: ?
  • Parcel #: R267348

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 5279.31

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 34.84
  • Annual Gross Income: 17940.0
  • Property Net Operating Income: 9255.0
  • Annual Operating Expense: 8685.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 10, 2021
Sold by
Allen Mary Frances
Bought by
Brown Zachary and Zitzmann Katherine
Seller's Agent
Nic Isfeld
Better Homes & Gardens Realty
Buyer's Agent
Kelsey Acosta
John L. Scott
List Price
$625,000
Sold Price
$675,000
Premium/Discount to List
$50,000
8%
Current Estimated Value
$717,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,246
Avg. Annual Appreciation
1.42%
Original Mortgage
$565,250
Outstanding Balance
$513,345
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$203,901

Purchase Details

Closed on
Sep 25, 2020
Sold by
Allen Mary F and Cathey George M
Bought by
Allen Mary Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1997
Sold by
Johnson Kathleen A
Bought by
Allen Mary Frances and Cathey George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,500
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 1996
Sold by
Mesch Michael J
Bought by
Johnson Kathleen A
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
Brown Zachary $675,000 Wfg Title
Allen Mary Frances -- Wfg Title
Allen Mary Frances $171,500 Oregon Title Insurance Co
Johnson Kathleen A -- Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Zachary $565,250
Previous Owner Allen Mary Frances $344,000
Previous Owner Allen Mary Frances $153,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $675,000 +8.0% $256 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $625,000 -- $237 / 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 $6,222 $232,560 -- --
2023 $5,983 $225,790 $0 $0
2022 $5,854 $219,220 $0 $0
2021 $5,755 $212,840 $0 $0
2020 $5,279 $206,650 $0 $0
2019 $5,085 $200,640 $0 $0
2018 $4,936 $194,800 $0 $0
2017 $4,731 $189,130 $0 $0
2016 $4,330 $183,630 $0 $0
2015 $4,216 $178,290 $0 $0
2014 $3,801 $158,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nic Isfeld

    Seller's Agent in 2021

    Nic Isfeld

    Better Homes & Gardens Realty

    (503) 887-9877

    1 in this area

    113 Total Sales

    Nic Isfeld
    Section Image
  • Kelsey Acosta

    Buyer's Agent in 2021

    Kelsey Acosta

    John L. Scott

    (503) 645-7433

    1 in this area

    62 Total Sales

    Kelsey Acosta
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21593651

Regional Multiple Listing Service (RMLS)

APN: R267348

Oregon Multnomah County Portland 97202 Sellwood

8534 SE 13th Ave, Portland, OR

This home is located at 8534 SE 13th Ave, Portland, OR 97202 since 01 April 2021 and is currently estimated at $717,246, approximately $271 per square foot. This property was built in 1907. 8534 SE 13th Ave is a home located in Multnomah County with nearby schools including Duniway Elementary School, Sellwood Middle School, and Cleveland High School.

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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