NOT LISTED FOR SALE

1115 NE Failing St Portland, OR 97212

Sabin Neighborhood

Estimated Value: $365,000 - $500,000

2 Beds
1 Bath
660 Sq Ft
$28/mo HOA Fee

Last Sold June 30, 2020

Last sale price $380,000 $576 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,835/month

105 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Double Pane Windows
  • Sabin Elementary School Rated A-
  • Engineered Wood Flooring
  • Living Room

About This Home

As of June 2020

Amazing contemporary home, new construction with beautiful interior finishes, high ceilings, open floor plan and great natural light. Excellent location: close to Irving Park, Whole Foods, Starbucks, restaurants, the library and other amenities, 4 blocks to TriMet stop on NE 15th with direct route to downtown. Southern exposure for garden lovers. Great for first time buyers or buyers looking to downsize. Investors welcome. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10182488]

Last Agent to Sell the Property

Brian Porter

Opt License #200305174 Listed on: 02/12/2020

Last Buyer's Agent

Chelsea McAlister

Urban Nest Realty License #201219822

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,020

Year Built

  • Built in 2020 | New Construction

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 660 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Engineered Wood Flooring
  • Free-Standing Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Eco-Friendly Details

  • Green Certified Home

Schools

  • Sabin Elementary School
  • Harriet Tubman Middle School
  • Jefferson High School

Utilities

  • No Cooling
  • 95% Forced Air Heating System
  • Heating System Uses Gas
  • Tankless Water Heater

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number R226608

Community Details

Overview

  • Association Phone (503) 810-2219
  • Sabin/Irvington Subdivision

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,020

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Warranty: BuilderWarranty
  • Year Built: 2020
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 2019-121459-000-00
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: No
  • Special Features: 4098

Interior Features

  • Accessibility Features: OneLevel
  • Total Bathrooms: 1.0
  • Interior Amenities: EngineeredHardwood
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: FreeStandingRange
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • High School2: Jefferson
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Tankless
  • Cooling Y N: No
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: Insurance, Management
  • Senior Community: No
  • Association Fee: 28.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Peter Kusyk
  • CondominiumAssociationName: TBD
  • CondominiumAssociationPhone: 503-810-2219
  • CondominiumAssociationURLYN: No

Schools

  • Elementary School: Sabin
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Parcel #: R226608

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Jun 25, 2020
Sold by
Firenze Development Inc
Bought by
Wong Stephen Pui
Seller's Agent
Brian Porter
Opt
Buyer's Agent
Chelsea McAlister
Urban Nest Realty
List Price
$1,300,000
Sold Price
$380,000
Premium/Discount to List
-$920,000
-70.77%
Total Days on Market
105
Current Estimated Value
$425,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,639
Avg. Annual Appreciation
2.21%
Original Mortgage
$195,000
Outstanding Balance
$175,126
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$248,039
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
Wong Stephen Pui $380,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Stephen Pui $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $380,000 -4.8% $576 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/08/2020 05/08/20 Price Changed $399,000 -7.0% $605 / Sq Ft
03/03/2020 03/03/20 Price Changed $429,000 -67.0% $650 / Sq Ft
02/12/2020 02/12/20 For Sale $1,300,000 -- $1,970 / 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 $5,020 $189,460 $0 $189,460
2022 $4,912 $183,950 $0 $0
2021 $4,829 $178,600 $0 $0
2020 $2,872 $112,431 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Porter

    Seller's Agent in 2020

    Brian Porter

    Opt

    (503) 810-2219

    6 in this area

    200 Total Sales

    Brian Porter
    Section Image
  • Chelsea McAlister

    Buyer's Agent in 2020

    Chelsea McAlister

    Urban Nest Realty

    (503) 806-2045

    1 in this area

    71 Total Sales

    Chelsea McAlister
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20101981

Regional Multiple Listing Service (RMLS)

APN: R703528

Oregon Multnomah County Portland 97212 Sabin

1115 NE Failing St, Portland, OR

This home is located at 1115 NE Failing St, Portland, OR 97212 since 12 February 2020 and is currently estimated at $425,639, approximately $644 per square foot. This property was built in 2020. 1115 NE Failing St is a home located in Multnomah County with nearby schools including Sabin Elementary School, Harriet Tubman Middle School, and Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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