NOT LISTED FOR SALE

1125 NE 69th Ave Unit 1131 Portland, OR 97213

Montavilla Neighborhood

Estimated Value: $788,000 - $1,031,000

9 Beds
7 Baths
4,191 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 14, 2014

Last sale price $511,400 $122 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,081/month

57 Days on Market

Highlights

  • Fireplace
  • Parking Storage or Cabinetry
  • Garage
  • Storage

About This Home

As of October 2014

DND TENANTS. Solid tri-plex in a quiet neighborhood with great tenants and rental upside. Most rents not increased since 2012. Great proximity to bus lines, grocery and freeway. Each tenant has back deck and private garage for storage.

Last Agent to Sell the Property

George McCleary

McCleary Realty License #200409141 Listed on: 06/06/2014

Last Buyer's Agent

Heather Spangler

Premiere Property Group, LLC License #200507318

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,783

Year Built

  • Built in 1969

Lot Details

  • 7,492

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage
  • Washer and Dryer Hookup
  • Range

Parking

  • Garage
  • Parking Storage or Cabinetry

Utilities

  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,783

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 4191
  • Stories: 2
  • Year Built: 1969
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: ROSEMONT ADD, BLOCK 5, S 1/2 OF LOT 5, LOT 6
  • Storage: Garage(s), Individual Storage Units

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Unit Features: Fireplace, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Roseway Heights
  • High School: Madison

Lot Info

  • Zoning: R5

Tax Info

  • Tax Amount: 7504.29
  • Assessor Parcel Number: R261468

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 10.66

MLS Schools

  • Elementary School: Roseway Heights
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
Oct 8, 2014
Sold by
Mccleary Standish
Bought by
Carter Dawn R
Seller's Agent
George McCleary
McCleary Realty
Buyer's Agent
Heather Spangler
Premiere Property Group, LLC
List Price
$529,000
Sold Price
$511,400
Premium/Discount to List
-$17,600
-3.33%
Current Estimated Value
$920,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,214
Avg. Annual Appreciation
5.55%
Original Mortgage
$383,550
Outstanding Balance
$130,955
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$789,659

Purchase Details

Closed on
Mar 20, 2008
Sold by
Mre Holdings Llc
Bought by
Mccleary Standish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2007
Sold by
Mre Ne 69Th Llc
Bought by
Mre Holdings Llc

Purchase Details

Closed on
Jun 21, 2007
Sold by
Mccleary Standish
Bought by
Mre Ne 69Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,750
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2007
Sold by
Weatherall Michael
Bought by
Mccleary Standish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,750
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2004
Sold by
Scott Philip B
Bought by
Weatherall Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,075
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2000
Sold by
Scott Philip B
Bought by
Scott Philip B and Scott Judy K

Purchase Details

Closed on
Oct 26, 1998
Sold by
Doerge Carmen
Bought by
Scott Philip B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1996
Sold by
Daniels John F
Bought by
Scott Philip B and Doerge Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.84%
Mortgage Type
Purchase Money Mortgage
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
Carter Dawn R $511,400 Lawyers Title
Mccleary Standish $421,000 Security Title
Mre Holdings Llc -- None Available
Mre Ne 69Th Llc $421,000 None Available
Mccleary Standish $421,000 Transnation Title Agency Or
Weatherall Michael $346,750 Fidelity Natl Title Co Of Or
Scott Philip B -- --
Scott Philip B -- Pacific Nw Title
Scott Philip B $245,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Dawn R $383,550
Previous Owner Mccleary Standish $249,000
Previous Owner Mccleary Standish $421,000
Previous Owner Mccleary Standish $315,750
Previous Owner Weatherall Michael $308,000
Previous Owner Weatherall Michael $312,075
Previous Owner Scott Philip B $202,000
Previous Owner Scott Philip B $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2014 10/14/14 Sold $511,400 -3.3% $122 / Sq Ft
08/02/2014 08/02/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $529,000 -- $126 / 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 $12,783 $477,780 -- --
2023 $12,292 $463,870 $0 $0
2022 $12,026 $450,360 $0 $0
2021 $11,822 $437,250 $0 $0
2020 $10,845 $424,520 $0 $0
2019 $10,447 $412,160 $0 $0
2018 $10,139 $400,160 $0 $0
2017 $9,718 $388,510 $0 $0
2016 $8,893 $377,200 $0 $0
2015 $8,501 $366,220 $0 $0
2014 $8,139 $355,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14666126

Regional Multiple Listing Service (RMLS)

APN: R261468