NOT LISTED FOR SALE

1232 SE 130th Ave Portland, OR 97233

Hazelwood Neighborhood

Estimated Value: $792,000 - $3,043,000

8 Beds
8 Baths
17,150 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $2,300,000 $134 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $13,819/month

33 Days on Market

About This Home

As of March 2020

The Lindsey Park Apartments features nine (9), two-bedroom, one and a half bath, two (2), three-bedroom, two and a half bath units, and a large home on one tax lot. Units have W/D hookups. The property has been owner managed for many years, and the condition has been kept up well. Eleven of the units have a garage included with the rent, there are also two large 11' x 11' storage units on-site.

Last Agent to Sell the Property

Bernard Gehret

Joseph Bernard LLC License #200009029 Listed on: 01/31/2020

Joseph Bernard LLC

Last Buyer's Agent

Reneta Peery

MORE Realty License #200203435

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,915

Year Built

  • Built in 1997

Lot Details

  • 0.68

Parking

  • Garage

Additional Features

  • 2-Story Property
  • Electric Water Heater

Community Details

  • 12 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,915

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 17150
  • Stories: 2
  • Year Built: 1997
  • Property Condition: Existing
  • Remarks Public: The Lindsey Park Apartments features nine (9), two-bedroom, one and a half bath, two (2), three-bedroom, two and a half bath units, and a large home on one tax lot. Units have W/D hookups. The property has been owner managed for many years, and the condition has been kept up well. Eleven of the units have a garage included with the rent, there are also two large 11' x 11' storage units on-site.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PRUNE PL, W 220' OF N 1/2 OF LOT 14 EXC PT IN ST & EXC S 25'

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Washer/Dryer Hookup

Schools

  • Elementary School: Menlo Park
  • Middle School: Floyd Light
  • High School: David Douglas

Lot Info

  • Zoning: R3
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 22915.58
  • Assessor Parcel Number: R250758
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 12
  • Gross Rent Multiplier: 12.39

MLS Schools

  • Elementary School: Menlo Park
  • High School: David Douglas
  • Middle School: Floyd Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 25, 2020
Sold by
Layoun Gloria
Bought by
Ssc3 Properties Llc
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Reneta Peery
MORE Realty
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Current Estimated Value
$2,083,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$216,171

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 19, 2020
Sold by
Adams Steven L and Adams Dawn D
Bought by
Layoun Gloria
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Reneta Peery
MORE Realty
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%

Purchase Details

Closed on
Apr 26, 2004
Sold by
Adams Steven L
Bought by
Adams Steven L and Adams Dawn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
5.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 17, 1998
Sold by
Steven Adams Family Construction Inc
Bought by
Adams Steven L and Adams Dawn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,000
Interest Rate
7.15%

Purchase Details

Closed on
Feb 18, 1998
Sold by
Neffendorf Robert L
Bought by
Queen Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,000
Interest Rate
7.15%

Purchase Details

Closed on
Jan 3, 1996
Sold by
Lefebre Pollock Vicki Diane
Bought by
Steven Adams Family Construction Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ssc3 Properties Llc $2,300,000 None Available
Layoun Gloria $2,300,000 Fidelity National Ttl Of Or
Adams Steven L -- Lawyers Title Ins
Adams Steven L -- Oregon Title Insurance Co
Queen Michelle M -- --
Steven Adams Family Construction Inc $115,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Steven L $685,000
Previous Owner Adams Steven L $627,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $2,300,000 -8.0% $134 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $2,500,000 0.0% $146 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $2,500,000 -- $146 / 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 $28,915 $1,230,230 $0 $0
2022 $27,408 $1,194,400 $0 $0
2021 $26,753 $1,159,620 $0 $0
2020 $24,421 $1,125,850 $0 $0
2019 $23,643 $1,093,060 $0 $0
2018 $22,916 $1,061,230 $0 $0
2017 $22,070 $1,030,330 $0 $0
2016 $21,111 $1,000,330 $0 $0
2015 $18,453 $971,200 $0 $0
2014 $16,822 $942,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bernard Gehret

    Joseph Bernard LLC

    Section Image
  • Reneta Peery

    Buyer's Agent in 2020

    Reneta Peery

    MORE Realty

    (503) 367-4705

    1 in this area

    6 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20472330

Regional Multiple Listing Service (RMLS)

APN: R250758

Oregon Multnomah County Portland 97233 Hazelwood

1232 SE 130th Ave, Portland, OR

This home is located at 1232 SE 130th Ave, Portland, OR 97233 since 31 January 2020 and is currently estimated at $2,275,345, approximately $132 per square foot. This property was built in 1997. 1232 SE 130th Ave is a home located in Multnomah County with nearby schools including Menlo Park Elementary School, Floyd Light Middle School, and David Douglas High School.

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