NOT LISTED FOR SALE

1232 SE Salmon St Portland, OR 97214

Downtown Portland Neighborhood

Estimated Value: $751,000 - $837,924

3 Beds
2 Baths
1,942 Sq Ft
$405/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $680,000 $350 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,994/month

204 Days on Market

Highlights

  • Deck
  • 2-minute walk to Sw 11Th & Taylor
  • Fireplace
  • West Sylvan Middle School Rated A-
  • Corner Lot
  • 4-minute walk to Shemanski Park

About This Home

As of April 2018

Classic Buckman Neighborhood with an atmosphere for charm. Great opportunity for investor, owner/user or easy conversion to 4 BR, 1,942 sqft single family home. Features 2 well maintained units. Updated windows, insulation, ceiling fans. Full kitchens and baths. Whole-house replumbing. 850 sqft basement. Seller to put in dual parking pad in back. WalkScore: 95/ BikeScore: 100/ TransitScore: 69.

Last Agent to Sell the Property

Joe Schafbuch

Keller Williams Realty Portland Premiere License #200612105 Listed on: 09/08/2017

Keller Williams Realty Portland Premiere

Last Buyer's Agent

Blake Joerger

Coldwell Banker Bain License #201217497

Coldwell Banker Bain

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,477

Year Built

  • Built in 1910

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Controlled Entrance

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace

Kitchen

  • Range
  • Dishwasher

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,477

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1942
  • Stories: 2
  • Year Built: 1910
  • Property Condition: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HAWTHORNE PK, BLOCK 254, E 1/2 OF LOT 7&8
  • Basement: Full Basement, Unfinished, Storage Space
  • Storage: Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: None

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Security: Entry

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Deck, Dishwasher, Fireplace, Range, Refrigerator, Unfurnished

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: R2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 7387.63
  • Assessor Parcel Number: R176931

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.63

MLS Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Apr 28, 2018
Sold by
Raab Lisa
Bought by
Pasch Daniel J and Pasch Amanda
Seller's Agent
Joe Schafbuch
Keller Williams Realty Portland Premiere
Buyer's Agent
Blake Joerger
Coldwell Banker Bain
List Price
$774,500
Sold Price
$680,000
Premium/Discount to List
-$94,500
-12.2%
Current Estimated Value
$787,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,231
Avg. Annual Appreciation
1.97%
Original Mortgage
$542,000
Outstanding Balance
$465,109
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$322,122
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
Pasch Daniel J $680,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pasch Daniel J $542,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $680,000 -12.2% $350 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
09/08/2017 09/08/17 For Sale $774,500 -- $399 / 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
2025 $10,477 $388,820 -- --
2024 $10,100 $377,500 -- --
2023 $9,712 $366,510 $0 $0
2022 $9,502 $355,840 $0 $0
2021 $8,987 $332,400 $0 $0
2020 $8,245 $322,720 $0 $0
2019 $7,942 $313,330 $0 $0
2018 $7,708 $304,210 $0 $0
2017 $7,388 $295,350 $0 $0
2016 $6,761 $286,750 $0 $0
2015 $6,583 $278,400 $0 $0
2014 $6,484 $270,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Schafbuch

    Seller's Agent in 2018

    Joe Schafbuch

    Keller Williams Realty Portland Premiere

    (971) 678-6645

    20 Total Sales

    Joe Schafbuch
    Section Image
  • Blake Joerger

    Buyer's Agent in 2018

    Blake Joerger

    Coldwell Banker Bain

    (503) 333-1411

    1 in this area

    52 Total Sales

    Blake Joerger
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17633341

Regional Multiple Listing Service (RMLS)

APN: R176931

Oregon Multnomah County Portland 97205 Downtown Portland

1232 SE Salmon St, Portland, OR

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