NOT LISTED FOR SALE

1125 NE 162nd Ave Unit 1133 Portland, OR 97230

Wilkes East Neighborhood

Estimated Value: $613,000 - $767,000

9 Beds
3 Baths
2,832 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $495,000 $175 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,957/month

3 Days on Market

Highlights

  • Secluded Lot
  • Landscaped with Trees
  • Wood Siding
  • Attached Garage

About This Home

As of November 2019

Cashflow machine! New roof in 2016, some newer windows in the last few years. 2 vacant units that are being turned over as we speak. One rent ready and the other rent ready in under 3 weeks. Occupied unit pays extra for the garage. Portland address with Gresham jurisdiction means you don't have to deal with crazy Portland regulations! Subject to interior inspection of units 11125 & 1133.

Last Agent to Sell the Property

Ben Ficker

Keller Williams Sunset Corridor License #200412166 Listed on: 10/11/2019

Keller Williams Sunset Corridor

Last Buyer's Agent

Melissa Shaw(Lewis)

Lewis Realtors License #200308084

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,522

Year Built

  • Built in 1971

Lot Details

  • Secluded Lot
  • Landscaped with Trees

Home Design

  • Wood Siding
  • Plywood Siding Panel T1-11

Kitchen

  • Range
  • Dishwasher

Parking

  • Attached Garage
  • Open Parking

Additional Features

  • Crawl Space
  • Gas Water Heater

Community Details

  • 3 Units
  • Property managed by Fox Property Management

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,522

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2832
  • Year Built: 1971
  • Property Condition: Approximately
  • Remarks Public: Cashflow machine! New roof in 2016, some newer windows in the last few years. 2 vacant units that are being turned over as we speak. One rent ready and the other rent ready in under 3 weeks. Occupied unit pays extra for the garage. Portland address with Gresham jurisdiction means you don't have to deal with crazy Portland regulations! Subject to interior inspection of units 11125 & 1133.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: GLENDOVEER AC, BLOCK A, W 148' OF E 163' OF S 1/2 OF LOT 12, W 14
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached, Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Management Name: Fox Property Management
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Lot Description: Secluded, Trees
  • Zoning: LDR-7

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3818.33
  • Assessor Parcel Number: R169722
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 9.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Espy Properties Llc
Bought by
Sari Paul and Sari Stephanie
Total Days on Market
3
Current Estimated Value
$674,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Outstanding Balance
$321,827
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$328,972

Purchase Details

Closed on
Nov 3, 2020
Sold by
Sari Paul and Sari Stephanie
Bought by
Espy Properties Llc

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 15, 2019
Sold by
Madore Carl L and Madore Kathy J
Bought by
Sari Paul and Sari Stephanie
Seller's Agent
Ben Ficker
Keller Williams Sunset Corridor
Buyer's Agent
Melissa Shaw(Lewis)
Lewis Realtors
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$346,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2015
Closed on
Feb 29, 2016
Sold by
Gribionkin Andy
Bought by
Madore Carl L and Madore Kathy J
Seller's Agent
Chris Kelly
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Herb Hamilton
RE/MAX Preferred Inc., REALTORS
List Price
$339,800
Sold Price
$385,000
Premium/Discount to List
$45,200
13.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$269,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2015
Closed on
Jan 13, 2016
Sold by
Jaas Llc
Bought by
Gribionkin Andy and Gribionkin Susan
Seller's Agent
Chris Kelly
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Herb Hamilton
RE/MAX Preferred Inc., REALTORS
List Price
$339,800
Sold Price
$385,000
Premium/Discount to List
$45,200
13.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2012
Sold by
Gribionkin Andy
Bought by
Jaas Llc

Purchase Details

Closed on
Dec 8, 2009
Sold by
Finke Alexander
Bought by
Vistica Daniel and Vistica Camellia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2009
Sold by
Vistica Daniel
Bought by
Gribionkin Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
4.91%
Mortgage Type
New Conventional
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
Sari Paul -- First American
Espy Properties Llc -- None Available
Sari Paul $495,000 Ticor Title
Madore Carl L $385,000 Wfg Title
Gribionkin Andy -- None Available
Jaas Llc -- None Available
Vistica Daniel $239,000 First American
Gribionkin Andy $239,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sari Paul $355,000
Previous Owner Sari Paul $346,500
Previous Owner Madore Carl L $269,500
Previous Owner Gribionkin Andy $151,000
Previous Owner Hess Arthur $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $495,000 -1.0% $175 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $500,000 +29.9% $177 / Sq Ft
02/29/2016 02/29/16 Sold $385,000 +13.3% $136 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
12/10/2015 12/10/15 For Sale $339,800 -- $120 / 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 $4,522 $259,420 $0 $0
2022 $4,410 $251,870 $0 $0
2021 $4,301 $244,540 $0 $0
2020 $4,024 $237,420 $0 $0
2019 $3,857 $230,510 $0 $0
2018 $3,818 $223,800 $0 $0
2017 $3,695 $217,290 $0 $0
2016 $3,535 $210,970 $0 $0
2015 $3,433 $204,830 $0 $0
2014 $3,316 $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: 19302733

Regional Multiple Listing Service (RMLS)

APN: R169722