NOT LISTED FOR SALE

1316 SW Troy St Unit 1 Portland, OR 97219

Hillsdale Neighborhood

Estimated Value: $280,000 - $431,000

6 Beds
3 Baths
2,415 Sq Ft
$139/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $474,000 $196 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $2,115/month

117 Days on Market

Highlights

  • Wood Flooring
  • Air Conditioning
  • Storage
  • Capitol Hill Elementary School Rated 9+
  • Views

About This Home

As of January 2016

Back on market there are three separate condo units and current income $45600.00. Subject to interior inspection. All three units have new carpet and paint August 2015 NEW ROOF FINANCING AVAILABLE THROUGH MBANK 503-329-8282 new electrical panels all repairs looking for cash sale

Last Agent to Sell the Property

Russell Goddard

Real Estate Network, Inc. License #870900005 Listed on: 08/23/2015

Last Buyer's Agent

Samih Sadaka

Sadaka Realty LLC License #970900007

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,993

Year Built

  • Built in 1980

Lot Details

  • Sloped Lot

Home Design

  • Cement Siding

Interior Spaces

  • 3-Story Property
  • Storage
  • Wood Flooring
  • Property Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Parking

  • Paved Parking
  • Off-Site Parking

Utilities

  • Air Conditioning
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,993

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2415
  • Stories: 3
  • Year Built: 1980
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Daylight, Stem Wall
  • Legal Description: TROY STREET CONDOMINIUM, LOT 1
  • Storage: Locked

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: Valley, Territorial
  • View: Yes

Garage/Parking

  • Parking Description: Off Site, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Wall Unit(s)
  • Heating Description: Ductless
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Hardwood Floors, Range, Refrigerator, Air Conditioning

Schools

  • Elementary School: Rieke
  • Middle School: Jackson
  • High School: Wilson

Lot Info

  • Lot Description: Sloped
  • Zoning: CG

Tax Info

  • Tax Amount: 6500.00
  • Assessor Parcel Number: R607411
  • Assessor Parcel Number 2: R07412
  • Assessor Parcel Number 3: R607413

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 10.96

MLS Schools

  • Elementary School: Rieke
  • High School: Wilson
  • Middle School: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2015
Closed on
Jan 21, 2016
Sold by
Two Gs Real Estate Llc
Bought by
Martinazzi Llc
Seller's Agent
Russell Goddard
Real Estate Network, Inc.
Buyer's Agent
Samih Sadaka
Sadaka Realty LLC
List Price
$550,750
Sold Price
$474,000
Premium/Discount to List
-$76,750
-13.94%
Current Estimated Value
$336,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,000
Avg. Annual Appreciation
-3.47%
Original Mortgage
$355,500
Outstanding Balance
$14,227
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$321,773

Purchase Details

Closed on
Mar 31, 2005
Sold by
Bishop Christopher and Bishop Julianne A
Bought by
Assad Sherif A and Assad Neveen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
1.37%
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
Martinazzi Llc $474,000 Ticor Title
Assad Sherif A $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinazzi Llc $355,500
Previous Owner Assad Sherif A $198,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $474,000 -13.9% $196 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
08/23/2015 08/23/15 For Sale $550,750 -- $228 / 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 $3,993 $149,370 -- $149,370
2023 $3,839 $145,020 $0 $145,020
2022 $3,756 $140,800 $0 $0
2021 $3,693 $136,700 $0 $0
2020 $3,387 $132,720 $0 $0
2019 $3,263 $128,860 $0 $0
2018 $3,167 $125,110 $0 $0
2017 $3,035 $121,470 $0 $0
2016 $2,778 $117,940 $0 $0
2015 $2,621 $114,510 $0 $0
2014 $2,138 $111,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15615513

Regional Multiple Listing Service (RMLS)

APN: R607411