NOT LISTED FOR SALE

1162 NE 72nd Ave Unit 1166 Portland, OR 97213

Montavilla Neighborhood

Estimated Value: $601,000 - $664,000

4 Beds
3 Baths
1,904 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $575,000 $302 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,992/month

3 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 1-Story Property
  • Storage

About This Home

As of October 2020

Easy to rent Triplex in much sought after Montavilla. 2BR unit is vacant & available to show. Shared laundry (new water heater, sink & floor 2019) & 2 individual storage closets (new floor 2019). All units were remodeled 2019 w/new counter tops, appliances, refinished or new floors, new showers, toilets, bathroom vanity. New plumbing, sewer & heaters in both 1 bedroom units + new electrical panel in 1166. New roof 2018. Exterior paint 2020. 4 off street parking spaces. Offer deadline 9/21 4pm.

Last Agent to Sell the Property

Troy Wilkerson

The Broker Network, LLC License #200504513 Listed on: 09/18/2020

Last Buyer's Agent

Hope Beraka

Think Real Estate License #200603056

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,476

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 4,182

Home Design

  • Brick Exterior Construction
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Storage
  • Wood Flooring
  • Crawl Space
  • Range

Parking

  • Paved Parking
  • Open Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,476

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1904
  • Stories: 1
  • Year Built: 1960
  • Property Condition: Updated/Remodeled
  • Remarks Public: Easy to rent Triplex in much sought after Montavilla. 2BR unit is vacant & available to show. Shared laundry (new water heater, sink & floor 2019) & 2 individual storage closets (new floor 2019). All units were remodeled 2019 w/new counter tops, appliances, refinished or new floors, new showers, toilets, bathroom vanity. New plumbing, sewer & heaters in both 1 bedroom units + new electrical panel in 1166. New roof 2018. Exterior paint 2020. 4 off street parking spaces. Offer deadline 9/21 4pm.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: KATHARINE, BLOCK 32, LOT 6 EXC N 50'
  • Basement: Crawl Space
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Exterior Description: Brick, Shake Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open, Paved

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Commons, Laundry
  • Unit Features: Hardwood Floors, Range, Refrigerator, Window Coverings

Schools

  • Elementary School: Vestal
  • Middle School: Roseway Heights
  • High School: Madison

Lot Info

  • Lot Description: Level
  • Zoning: R5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4633.95
  • Assessor Parcel Number: R195152
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.59

MLS Schools

  • Elementary School: Vestal
  • High School: Madison
  • Middle School: Roseway Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 13, 2020
Sold by
Ray Michael and Rodriguez Caris
Bought by
Phillips Lauren F
Seller's Agent
Troy Wilkerson
The Broker Network, LLC
Buyer's Agent
Hope Beraka
Think Real Estate
List Price
$539,900
Sold Price
$575,000
Premium/Discount to List
$35,100
6.5%
Current Estimated Value
$630,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,335
Avg. Annual Appreciation
2.07%
Original Mortgage
$46,000
Outstanding Balance
$41,305
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$593,159

Purchase Details

Listed on
May 29, 2018
Closed on
Sep 19, 2018
Sold by
Porche Antonio J and Porche Barbara
Bought by
Ray Michael and Rodriguez Caris
Seller's Agent
Jill Dehlin
Real Broker
Buyer's Agent
Troy Wilkerson
The Broker Network, LLC
List Price
$520,000
Sold Price
$425,000
Premium/Discount to List
-$95,000
-18.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%
Original Mortgage
$318,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2002
Sold by
Robertson Teddie W
Bought by
Porche Antonio J and Porche Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1999
Sold by
Zhao Kwayfoo and Zhao Crystal
Bought by
Robertson Teddie W

Purchase Details

Closed on
Oct 24, 1997
Sold by
Zhao Kwayfoo
Bought by
Zhao Kwayfoo and Zhao Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
7.36%
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
Phillips Lauren F $575,000 Lawyers Title
Ray Michael $425,000 Fidelity Natl Title Co Of Or
Porche Antonio J $170,000 Fidelity National Title Co
Robertson Teddie W $136,000 Oregon Title Insurance Co
Zhao Kwayfoo -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Lauren F $46,000
Previous Owner Ray Michael $318,750
Previous Owner Porche Antonio J $196,000
Previous Owner Porche Antonio J $115,000
Previous Owner Zhao Kwayfoo $133,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $575,000 +6.5% $302 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $539,900 +27.0% $284 / Sq Ft
09/25/2018 09/25/18 Sold $425,000 -18.3% $223 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $520,000 -- $273 / 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 $6,476 $244,370 $0 $0
2022 $6,335 $237,260 $0 $0
2021 $6,228 $230,354 $0 $0
2020 $4,811 $188,310 $0 $0
2019 $4,634 $182,830 $0 $0
2018 $4,498 $177,510 $0 $0
2017 $4,311 $172,340 $0 $0
2016 $3,945 $167,330 $0 $0
2015 $3,842 $162,460 $0 $0
2014 $3,784 $157,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Troy Wilkerson

    Seller's Agent in 2020

    Troy Wilkerson

    The Broker Network, LLC

    (503) 484-7817

    3 in this area

    161 Total Sales

    Section Image
  • Hope Beraka

    Buyer's Agent in 2020

    Hope Beraka

    Think Real Estate

    (503) 679-9243

    3 in this area

    176 Total Sales

    Section Image
  • Jill Dehlin

    Seller's Agent in 2018

    Jill Dehlin

    Real Broker

    (503) 475-4991

    30 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20361547

Regional Multiple Listing Service (RMLS)

APN: R195152

Oregon Multnomah County Portland 97213 Montavilla

1162 NE 72nd Ave Unit 1166, Portland, OR

This home is located at 1162 NE 72nd Ave Unit 1166, Portland, OR 97213 since 18 September 2020 and is currently estimated at $638,792, approximately $335 per square foot. This property was built in 1960. 1162 NE 72nd Ave Unit 1166 is a home located in Multnomah County with nearby schools including Vestal Elementary School, Leodis V. McDaniel High School, and Portland Arthur Academy.

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.

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