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1616 Southeast Insley Street

1616 Southeast Insley Street, Portland, OR 97202
Multifamily in Sellwood - Moreland
Local assessors in Portland, OR have categorized 1616 Southeast Insley Street as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 5,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1616 Southeast Insley Street has a total of 1,918 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1616 Southeast Insley Street sold most recently in Nov 27, 2019 for a total of $3,050,000. If you work out the math, that's approximately a cost of $392.94 per sqft. Before that, the property was also sold for $655,000 in Dec 13, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $32,208 in taxes each year. 1616 Southeast Insley Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,215,450. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190923
09/23/2019
Studio
-
7554 ft²
$2,999,900
bedrooms
Studio
bathrooms
-
square feet
7554 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 768
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 7,762
  • Gross Building Area: 7,762
  • Building Area: 1,918
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,918
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ALTON PK
  • Land Acres: 0.115
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: ALTON PK, BLOCK 9, LOT 3

Ownership

  • Current Owner : A FARO PROPERTY LLC
  • Previous Owner : MODERN PDX PROPERTIES LLC
  • Owner Before Previous Owner: ALPINA PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 000202

Zoning

  • Zoning: R1

Geography

  • Account Number: R021400710
  • Parcel: R104742
  • Block: 9
  • Lot: 3
  • Meridian: SEC 14 TWN 01S RNG 01E
  • Latitude: 45.4837
  • Longitude: -122.649

    Address

  • Full Address: 1616 Se Insley St
  • Address - House Number: 1616
  • Street Direction: SE
  • Address - Street Name: Insley
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C004
  • 4-Digit Zip Code: 4837
  • Zip Code: 97202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $32,208
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 55
  • Final Value: 484,929
  • High Value: 593,251
  • Low Value: 376,606

    Market Valuation

  • Market Total Value: $3,293,240
  • Market Land Value: $450,000
  • Market Improvement Value: $2,843,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,215,450

    Sales

  • Current Sale Contract Date: Nov 27, 2019
  • Current Sale Recording Date: Dec 17, 2019
  • Current Sale Transaction ID: 11710098838
  • Current Sale Price: $3,050,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-137909
  • Previous Sale Recording Date: Dec 14, 2017
  • Previous Sale Contract Date: Dec 13, 2017
  • Previous Sale Amount: $655,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ON Q FINANCIAL INC
  • Previous Mortgage Transaction Date: Dec 14, 2017
  • Previous Mortgage Loan Amount: $418,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2047

About Southeast Uplift



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Nearby Rentals

Unit for rent at

$1,975 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
Listing by Manager
Unit for rent at

$1,845 /mo

  • 2 Beds
  • 1 Bath
  • 816 ft²
Listing by Manager
Unit for rent at

$1,945 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
Listing by Manager
Unit for rent at

$1,785 /mo

  • 1 Bed
  • 1 Bath
  • 613 ft²
Listing by Galaxie At Sellwood
Unit for rent at

$1,899 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
Listing by Manager
Unit for rent at

$1,950 /mo

  • 1 Bed
  • 1 Bath
  • 804 ft²
Listing by Manager
Unit for rent at

$1,795 /mo

  • 2 Beds
  • 1 Bath
  • 735 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1616 Southeast Insley Street located in?
The 1616 Southeast Insley Street is a multifamily located in the neighborhood of Sellwood - Moreland in Southeast Uplift, Portland.
What is the average sales price for listings in 1616 Southeast Insley Street?
The average sales price for units in 1616 Southeast Insley Street is $0 currently.

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