$780,000
SOLD NOV 13, 2024

1230 N Mason St Unit 1236 Portland, OR 97217

Boise Neighborhood
-- Bed
-- Bath
2,232 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$349 Per Sq Ft

2% Below List Price

39 Days on Market

Highlights

  • No HOA
  • 4-minute walk to N Prescott
  • Zoned Heating
  • Beach Elementary School Rated A-
  • 2 Car Attached Garage
  • Level Lot

About This Home

As of November 2024

Please respect the privacy of current tenants. This impressive side-by-side duplex offers two spacious townhome-style units, each boasting 3 bedrooms, 2 bathrooms, and a convenient single-car attached garage. The interiors are highlighted by elegant hardwood floors, modern stainless steel kitchen appliances, and a primary bedroom with a private en suite bathroom.Situated in a highly desirable location, this property is just moments away from Adidas, Overlook Park, the MAX light rail, I-5, and the vibrant Mississippi Avenue. Each unit is separately metered for water and electricity, providing ease for both tenants and owners. One unit is currently leased on a month-to-month basis, while the other has a secure year-long lease in place.This duplex has been a consistent and reliable investment for the current owners and would make an excellent addition to any real estate portfolio.

Last Agent to Sell the Property

Breylan Deal-Eriksen

Think Real Estate Brokerage Phone: 503-953-0253 License #201208844 Listed on: 08/29/2024

Last Buyer's Agent

Henry Liu

Opt License #201239958

Opt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,379

Year Built

  • Built in 1999

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50' x 76'
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Beach Elementary School
  • Ockley Green Middle School
  • Jefferson High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R223578

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Overlook Subdivision

Building Details

  • Operating Expense $7,380
  • Gross Income $67,081
  • Net Operating Income $59,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,379

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1999
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Concrete
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Beach
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.09
  • Lot Size: 50' x 76'
  • Lot Size Sq Ft: 3920.0
  • Parcel #: R223578

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 7379.35

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.92
  • Annual Gross Income: 67081.0
  • Property Net Operating Income: 59700.0
  • Annual Operating Expense: 7380.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Nov 29, 2024
Sold by
Pham Hung
Bought by
1230-1236N Llc
Seller's Agent
Breylan Deal-Eriksen
Think Real Estate
Buyer's Agent
Henry Liu
Opt
List Price
$799,900
Sold Price
$780,000
Premium/Discount to List
-$19,900
-2.49%
Total Days on Market
39
Views
8
Current Estimated Value
$803,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,766
Avg. Annual Appreciation
5.31%
Original Mortgage
$624,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 24, 2024
Sold by
Perkins Maxwell S and Edgin Ronald
Bought by
Pham Hung
Seller's Agent
Breylan Deal-Eriksen
Think Real Estate
Buyer's Agent
Henry Liu
Opt
List Price
$799,900
Sold Price
$780,000
Premium/Discount to List
-$19,900
-2.49%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2018
Sold by
Perkins Maxwell S and Edgin Ronlad L
Bought by
Perkins Maxwell S and Edgin Ronlad L

Purchase Details

Closed on
Mar 13, 2002
Sold by
Scroggins William M and Godfrey Kerry E
Bought by
Perkins Maxwell S and Edgin Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,600
Interest Rate
6.99%

Purchase Details

Closed on
Mar 19, 1998
Sold by
Jkl Development Llc
Bought by
Limmeroth Kase and Limmeroth Miyong
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $780,000 Chicago Title
Interfamily Deed Transfer -- None Available
Warranty Deed $233,000 Fidelity National Title Co
Deed -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $624,000 New Conventional
Previous Owner $472,500 New Conventional
Previous Owner $171,500 New Conventional
Previous Owner $187,500 Unknown
Previous Owner $184,600 No Value Available
Previous Owner $176,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $780,000 -2.5% $349 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $799,900 -- $358 / 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 $7,379 $278,480 $0 $0
2022 $7,220 $270,370 $0 $0
2021 $7,097 $262,500 $0 $0
2020 $6,511 $254,860 $0 $0
2019 $6,272 $247,440 $0 $0
2018 $6,087 $240,240 $0 $0
2017 $5,834 $233,250 $0 $0
2016 $5,339 $226,460 $0 $0
2015 $5,199 $219,870 $0 $0
2014 $5,045 $213,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24170135

Regional Multiple Listing Service (RMLS)

APN: R223578