NOT LISTED FOR SALE

8622 SE Ellis St Portland, OR 97266

Lents Neighborhood

Estimated Value: $501,000 - $571,000

-- Bed
6 Baths
2,720 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $350,000 $129 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,365/month

13 Days on Market

About This Home

As of March 2016

No Sign. Do Not Disturb tenants! Easy access to I205, public transportation. Units include washer, dryer, refer, stove. Rent out one side and live in the other. Units have garages and off street parking. Remodeled one unit and the other can be done similar. Great 3 BR 2.1 BA with inside laundry and storage. Great for first time or experienced investors. Schedule an appointment to see.

Last Agent to Sell the Property

Timothy Saeland

RE/MAX Equity Group License #200305109 Listed on: 01/01/2016

RE/MAX Equity Group

Last Buyer's Agent

Alvaro Suarez

Hot House Team Co. License #200306136

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,994

Year Built

  • Built in 2006

Lot Details

  • 3,441

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Lent Elementary School
  • Franklin High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R159022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,994

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2006
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Disclosures: Disclosure

Garage/Parking

  • Parking Description: Attached
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Lent
  • High School: Franklin

Lot Info

  • Zoning: R2
  • Parcel #: R159022

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Multi Family

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

Tax Info

  • Tax Annual Amount: 3993.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2016
Closed on
Mar 18, 2016
Sold by
Cho Kim
Bought by
Rojas Ronald Ordonez
Seller's Agent
Timothy Saeland
RE/MAX Equity Group
Buyer's Agent
Alvaro Suarez
Hot House Team Co.
List Price
$349,800
Sold Price
$350,000
Premium/Discount to List
$200
0.06%
Current Estimated Value
$540,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,052
Avg. Annual Appreciation
4.65%
Original Mortgage
$343,660
Outstanding Balance
$272,005
Interest Rate
3.65%
Mortgage Type
FHA
Estimated Equity
$268,047

Purchase Details

Closed on
Mar 31, 2006
Sold by
Cho Kim
Bought by
Cho Kim and Cho Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 6, 2005
Sold by
Schultz Matthew R
Bought by
Shervey Frederick G
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
Rojas Ronald Ordonez $350,000 Stewart Title
Cho Kim -- Accommodation
Cho Kim $320,000 First American
Shervey Frederick G $34,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Ronald Ordonez $343,660
Previous Owner Cho Kim $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $350,000 +0.1% $129 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
01/01/2016 01/01/16 For Sale $349,800 -- $129 / 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 $5,894 $220,310 -- --
2023 $5,668 $213,900 $0 $0
2022 $5,545 $207,670 $0 $0
2021 $5,452 $201,630 $0 $0
2020 $5,001 $195,760 $0 $0
2019 $4,817 $190,060 $0 $0
2018 $4,676 $184,530 $0 $0
2017 $4,481 $179,160 $0 $0
2016 $4,101 $173,950 $0 $0
2015 $3,994 $168,890 $0 $0
2014 $3,934 $163,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Saeland

    Seller's Agent in 2016

    Timothy Saeland

    RE/MAX

    (503) 332-1013

    163 Total Sales

    Timothy Saeland
    Section Image
  • Alvaro Suarez

    Buyer's Agent in 2016

    Alvaro Suarez

    Hot House Team Co.

    (503) 453-9510

    28 Total Sales

    Alvaro Suarez
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16653208

Regional Multiple Listing Service (RMLS)

APN: R159022

Oregon Multnomah County Portland 97266 Lents

8622 SE Ellis St, Portland, OR

This home is located at 8622 SE Ellis St, Portland, OR 97266 since 01 January 2016 and is currently estimated at $540,052, approximately $198 per square foot. This property was built in 2006. 8622 SE Ellis St is a home located in Multnomah County with nearby schools including Lent K-5, Franklin High School, and Sunstone Montessori School.

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