$560,600
SOLD NOV 2, 2021

8804 SE Ellis St Unit 8812 Portland, OR 97266

Lents Neighborhood
6 Beds
3 Baths
2,280 Sq Ft
8,320 Sq Ft Lot

Recently Sold

$246 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of November 2021

Great opportunity to own a professionally managed triplex in the heart of Lents. Located on a large corner lot zoned RM2, check with city for development possibilities. New roof in 2020, fencing and exterior paint in 2021. Updated windows in 2015. Each unit is 2bed 1bath with washer & dryer hookups. All units have private patio and yard space. No sign on property. Please do not walk property or disturb tenants. Listing agent is partial owner. Write offers subject to interior walkthrough.

Last Agent to Sell the Property

Seth Prickett

MORE Realty License #201216816 Listed on: 09/02/2021

MORE Realty

Last Buyer's Agent

Denise Townsend

eXp Realty, LLC License #901000205

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,356

Year Built

  • Built in 1965

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 3 Units
  • Property managed by LPSM

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,356

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2280
  • Stories: 1
  • Year Built: 1965
  • Property Condition: Existing
  • Remarks Public: Great opportunity to own a professionally managed triplex in the heart of Lents. Located on a large corner lot zoned RM2, check with city for development possibilities. New roof in 2020, fencing and exterior paint in 2021. Updated windows in 2015. Each unit is 2bed 1bath with washer & dryer hookups. All units have private patio and yard space. No sign on property. Please do not walk property or disturb tenants. Listing agent is partial owner. Write offers subject to interior walkthrough.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ORPHA PK, BLOCK 3, LOT 1&2
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Management Name: LPSM
  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Lent
  • Middle School: Lent
  • High School: Franklin

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: RM2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 5608.11
  • Assessor Parcel Number: R231156
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.89

MLS Schools

  • Elementary School: Lent
  • High School: Franklin
  • Middle School: Lent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 28, 2021
Sold by
Applefield Nathaniel and Prickett Seth
Bought by
Forsythe Paul E
Seller's Agent
Seth Prickett
MORE Realty
Buyer's Agent
Denise Townsend
eXp Realty, LLC
List Price
$575,000
Sold Price
$560,600
Premium/Discount to List
-$14,400
-2.5%
Current Estimated Value
$590,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,739
Avg. Annual Appreciation
1.40%
Original Mortgage
$420,450
Outstanding Balance
$388,369
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$201,971

Purchase Details

Closed on
Jun 6, 2019
Sold by
Applefield Nathaniel
Bought by
Applefield Nathaniel and Prickett Seth

Purchase Details

Listed on
Jan 19, 2012
Closed on
Jun 1, 2012
Sold by
Cooper Lloyd R
Bought by
Applefield Nathaniel
Seller's Agent
Karen Wu
Habitat Resource Properties
Buyer's Agent
Robin Denburg
Windermere Community Realty
List Price
$199,900
Sold Price
$197,000
Premium/Discount to List
-$2,900
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$192,006
Interest Rate
3.86%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $560,600 Fidelity National Ttl Of Or
Interfamily Deed Transfer -- None Available
Warranty Deed $197,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,450 New Conventional
Previous Owner $192,006 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $560,600 -2.5% $246 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $575,000 +191.9% $252 / Sq Ft
06/05/2012 06/05/12 Sold $197,000 -1.5% $86 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $199,900 -- $88 / 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 $6,356 $239,860 $0 $0
2022 $6,218 $232,880 $0 $0
2021 $6,113 $226,100 $0 $0
2020 $5,608 $219,520 $0 $0
2019 $5,402 $213,130 $0 $0
2018 $5,243 $206,930 $0 $0
2017 $5,025 $200,910 $0 $0
2016 $4,599 $195,060 $0 $0
2015 $4,201 $189,380 $0 $0
2014 $3,646 $183,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21053493

Regional Multiple Listing Service (RMLS)

APN: R231156