NOT LISTED FOR SALE

1038 SE 149th Place Unit 1040 Portland, OR 97233

Centennial Neighborhood

Estimated Value: $476,108 - $539,000

2 Beds
1 Bath
2,184 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $379,000 $174 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,321/month

16 Days on Market

Highlights

  • Deck
  • Fireplace
  • Level Lot
  • Detached Garage
  • Outdoor Storage

About This Home

As of August 2018

Recently updated and generously sized units on both sides. Recent updates include: deck in 2017, roof in 2015, gutters in 2016, water line in 2012, recent water heaters and some appliances. Quiet cul-de-sac street with easy access to major thoroughfares. The huge lot provides generous yards to each unit. Each unit has a single garage space and plenty of parking in front of the garage.

Last Agent to Sell the Property

Tim Sellers

Berkshire Hathaway HomeServices NW Real Estate License #880100065 Listed on: 07/06/2018

Berkshire Hathaway HomeServices NW Real Estate

Last Buyer's Agent

Peter Jameson

J Residential Properties License #200204424

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,845

Year Built

  • Built in 1977

Lot Details

  • 10,106

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dishwasher
  • Finished Basement

Outdoor Features

  • Deck
  • Outdoor Storage

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,845

Year Built

Built in 1977

Lot Details

0

Parking

6

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2184
  • Stories: 2
  • Year Built: 1977
  • Property Condition: Existing
  • Remarks Public: Recently updated and generously sized units on both sides. Recent updates include: deck in 2017, roof in 2015, gutters in 2016, water line in 2012, recent water heaters and some appliances. Quiet cul-de-sac street with easy access to major thoroughfares. The huge lot provides generous yards to each unit. Each unit has a single garage space and plenty of parking in front of the garage.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MONTARA, BLOCK 3, LOT 1
  • Basement: Finished
  • Storage: Deck, Garage(s)

Exterior Features

  • Exterior Description: Brick, Aluminum
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 6
  • Parking Description: Detached, Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Fireplace, Refrigerator

Schools

  • Elementary School: Parklane
  • Middle School: Centennial
  • High School: Centennial

Lot Info

  • Lot Description: Level
  • Zoning: R7

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4461.84
  • Assessor Parcel Number: R220179
  • Tax Year: 2017

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.80

MLS Schools

  • Elementary School: Parklane
  • High School: Centennial
  • Middle School: Centennial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 28, 2018
Sold by
Pogula Latha and Pogula Muntaha Hasan
Bought by
Cross Jonathan and Cross Anne
Seller's Agent
Tim Sellers
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Peter Jameson
J Residential Properties
List Price
$395,000
Sold Price
$379,000
Premium/Discount to List
-$16,000
-4.05%
Total Days on Market
16
Current Estimated Value
$504,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,777
Avg. Annual Appreciation
4.05%
Original Mortgage
$173,000
Outstanding Balance
$152,707
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$343,200

Purchase Details

Listed on
Nov 16, 2016
Closed on
Apr 3, 2017
Sold by
Baker Linda L
Bought by
Pogula Latha and Muntaha Hasan
Seller's Agent
Vicki Freeman
ERA Freeman & Associates
Buyer's Agent
Tim Sellers
Berkshire Hathaway HomeServices NW Real Estate
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.14%
Original Mortgage
$210,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 1999
Sold by
Baker Arthur O
Bought by
Baker Ronald A and Baker Linda L
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 Buyer Sale Price Title Company
Cross Jonathan $379,000 Wfg Title
Pogula Latha $280,000 First American
Baker Ronald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cross Jonathan $173,000
Previous Owner Pogula Latha $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $379,000 -4.1% $174 / Sq Ft
07/22/2018 07/22/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $395,000 +41.1% $181 / Sq Ft
04/06/2017 04/06/17 Sold $280,000 -13.8% $128 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
11/16/2016 11/16/16 For Sale $325,000 -- $149 / 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 $5,845 $259,420 $0 $0
2022 $5,702 $251,870 $0 $0
2021 $5,752 $244,540 $0 $0
2020 $5,129 $237,420 $0 $0
2019 $4,935 $230,510 $0 $0
2018 $4,770 $223,800 $0 $0
2017 $4,462 $217,290 $0 $0
2016 $4,082 $210,970 $0 $0
2015 $3,569 $204,830 $0 $0
2014 $3,365 $198,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18650807

Regional Multiple Listing Service (RMLS)

APN: R220179