NOT LISTED FOR SALE

1244 NE 118th Ave Unit 1246 Portland, OR 97220

Hazelwood Neighborhood

Estimated Value: $405,000 - $483,000

2 Beds
2 Baths
1,210 Sq Ft
$369/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $399,000 $330 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,771/month

60 Days on Market

Highlights

  • Landscaped with Trees
  • Forced Air Heating System
  • Level Lot

About This Home

As of February 2020

Check out this great investment opportunity.Both units are vacant so you can either choose your tenants or live in one side while renting out the other side.It has remodeled kitchens, vinyl windows and new paint.The sliders open to the large fenced back yard with raised garden beds & chicken coop.The basements are clean and dry with W/D hookups & room for an office,den,man cave or storage.Come and take a look, this wont last long!

Last Agent to Sell the Property

Debra Tolladay

Premiere Property Group, LLC License #200604175 Listed on: 10/04/2019

Premiere Property Group, LLC

Last Buyer's Agent

Tara Ballenger

MORE Realty License #201215885

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,667

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • Level Lot
  • Landscaped with Trees

Home Design

  • Block Foundation
  • Composition Roof
  • Cement Siding

Schools

  • Sacramento Elementary School
  • David Douglas High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R154494

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,667

Year Built

Built in 1954 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1954
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Block
  • View: No
  • Lot Features: Level, Trees
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Sacramento
  • High School: David Douglas

Lot Info

  • Zoning: R7
  • Parcel #: R154494

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 3667.01

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
Castaneda Richard
Bought by
Ricreda Llc
Current Estimated Value
$446,711

Purchase Details

Closed on
May 18, 2021
Sold by
Richard Castaneda
Bought by
Castaneda Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,581
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Oct 4, 2019
Closed on
Jan 28, 2020
Sold by
Nelsen Judie F
Bought by
Castaneda Richard
Seller's Agent
Debra Tolladay
Premiere Property Group, LLC
Buyer's Agent
Tara Ballenger
MORE Realty
List Price
$410,000
Sold Price
$399,000
Premium/Discount to List
-$11,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%
Original Mortgage
$413,364
Interest Rate
3.7%
Mortgage Type
VA
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
Ricreda Llc -- None Listed On Document
Castaneda Richard -- Amrock
Castaneda Richard $399,000 Lawyers Title Of Oregon Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castaneda Richard $415,581
Previous Owner Castaneda Richard $413,364
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold $399,000 -2.7% $330 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $410,000 -- $339 / 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 $4,837 $202,740 -- --
2023 $4,837 $196,840 $0 $0
2022 $4,385 $191,110 $0 $0
2021 $4,313 $185,550 $0 $0
2020 $3,908 $180,150 $0 $0
2019 $3,783 $174,910 $0 $0
2018 $3,667 $169,820 $0 $0
2017 $3,532 $164,880 $0 $0
2016 $3,182 $160,080 $0 $0
2015 $3,060 $155,420 $0 $0
2014 $2,986 $150,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19586141

Regional Multiple Listing Service (RMLS)

APN: R154494