NOT LISTED FOR SALE

1106 NE 81st Ave Unit 1112 Portland, OR 97213

Montavilla Neighborhood

Estimated Value: $655,530 - $807,000

6 Beds
4 Baths
2,900 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $646,000 $223 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,698/month

62 Days on Market

Highlights

  • Views
  • 5-minute walk to Ne 82Nd
  • Level Lot
  • Landscaped with Trees
  • Washer and Dryer
  • Wood Siding

About This Home

As of September 2021

Montavilla Gem!!! Prime Location Close To Montavilla Park & Community Center! Fabulous Investment Opportunity In Desirable NE Portland! Spacious, Light & Bright, Some Interior Updated w/LVT Wood Flooring, W&D In Unit, 12 Mos & Month-to-Month Agreements, Utility Bill Back W/S/G, Located off NE 82nd near I-84, Glisan, and Halsey. Easy Access To 82nd Max & Bus Lines, Walk Score 75 & Bike Score 91. Close To Restaurants, Shopping, Entertainment & More. Adjacent Duplex & Single Family Home Also Listed

Last Agent to Sell the Property

Kimberly Sektnan

Performance Properties Inc License #200704214 Listed on: 05/19/2021

Last Buyer's Agent

Jordan Fezler

Apex Residential License #201225534

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,471

Year Built

  • Built in 1945

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Off-Site Parking

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Range
  • Washer and Dryer
  • Property Views

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,471

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2900
  • Stories: 2
  • Year Built: 1945
  • Property Condition: Approximately
  • Remarks Public: Montavilla Gem!!! Prime Location Close To Montavilla Park & Community Center! Fabulous Investment Opportunity In Desirable NE Portland! Spacious, Light & Bright, Some Interior Updated w/LVT Wood Flooring, W&D In Unit, 12 Mos & Month-to-Month Agreements, Utility Bill Back W/S/G, Located off NE 82nd near I-84, Glisan, and Halsey. Easy Access To 82nd Max & Bus Lines, Walk Score 75 & Bike Score 91. Close To Restaurants, Shopping, Entertainment & More. Adjacent Duplex & Single Family Home Also Listed
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: KATHARINE, BLOCK 23, LOT 5&6 EXC E 26'

Exterior Features

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

Garage/Parking

  • Parking Description: None, Off Site

Utilities

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

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer, Window Coverings

Schools

  • Elementary School: Vestal
  • Middle School: Roseway Heights
  • High School: David Douglas

Lot Info

  • Lot Description: Level, Trees
  • Zoning: R135

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 7187.15
  • Assessor Parcel Number: R195082
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.96

MLS Schools

  • Elementary School: Vestal
  • High School: David Douglas
  • Middle School: Roseway Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Aug 21, 2021
Sold by
Pease Bich Ngoc
Bought by
Patel Mukeshbhai R
Seller's Agent
Kimberly Sektnan
Performance Properties Inc
Buyer's Agent
Jordan Fezler
Apex Residential
List Price
$659,900
Sold Price
$646,000
Premium/Discount to List
-$13,900
-2.11%
Current Estimated Value
$738,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,383
Avg. Annual Appreciation
2.17%

Purchase Details

Closed on
Feb 6, 2017
Sold by
Pease Bich Ngoc
Bought by
Pease Bich Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2008
Sold by
Krieger Kurt
Bought by
Pease Ngoc Bich and Krieger Revocable Trust

Purchase Details

Closed on
Oct 19, 1998
Sold by
Jenkins Charles G
Bought by
Jenkins Mary

Purchase Details

Closed on
Aug 14, 1998
Sold by
Jenkins Charles G
Bought by
Jenkins Mary
Source: Public Records

Range of Values:

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Average Value
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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
Patel Mukeshbhai R $646,000 Fidelity Natl Ttl Co Of Or
Pease Bich Ngoc -- Wfg Title
Pease Ngoc Bich -- None Available
Jenkins Mary $15,500 --
Jenkins Mary $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pease Bich Ngoc $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $646,000 -2.1% $223 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $659,900 -- $228 / 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 $8,471 $316,620 -- --
2023 $8,146 $307,400 $0 $0
2022 $7,969 $298,450 $0 $0
2021 $7,834 $289,760 $0 $0
2020 $7,187 $281,330 $0 $0
2019 $6,923 $273,140 $0 $0
2018 $6,719 $265,190 $0 $0
2017 $6,440 $257,470 $0 $0
2016 $5,894 $249,980 $0 $0
2015 $5,739 $242,700 $0 $0
2014 $5,057 $235,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kimberly Sektnan

    Performance Properties Inc

    (971) 384-7217

    1 in this area

    28 Total Sales

    Kimberly Sektnan
    Section Image
  • Jordan Fezler

    Buyer's Agent in 2021

    Jordan Fezler

    Apex Residential

    (503) 309-6003

    3 in this area

    56 Total Sales

    Jordan Fezler
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21297494

Regional Multiple Listing Service (RMLS)

APN: R195082

Oregon Multnomah County Portland 97213 Montavilla

1106 NE 81st Ave Unit 1112, Portland, OR

This home is located at 1106 NE 81st Ave Unit 1112, Portland, OR 97213 since 19 May 2021 and is currently estimated at $738,383, approximately $254 per square foot. This property was built in 1945. 1106 NE 81st Ave Unit 1112 is a home located in Multnomah County with nearby schools including Vestal Elementary School, Leodis V. McDaniel High School, and Portland Arthur Academy.

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