NOT LISTED FOR SALE

1326 NE 71st Ave Unit 1336 Portland, OR 97213

Montavilla Neighborhood

Estimated Value: $577,261 - $682,000

6 Beds
5 Baths
3,212 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 06, 2016

Last sale price $445,450 $139 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,866/month

5 Days on Market

Highlights

  • Corner Lot
  • Washer and Dryer
  • 1-Story Property

About This Home

As of September 2016

Opportunity galore in Montavilla with this terrific duplex. First unit is a 3 bedroom, 2 and a half bath. Second unit is a 3 bedroom, 2 bathroom unit. A short distance to Fred Meyer. Easy access to MAX and freeways. A perfect investment opportunity or owner-occupied with a solid rental income with the other unit. OPEN HOUSE 1-3PM, SUNDAY, AUG 7.

Last Agent to Sell the Property

Gavin Shettler

Redfin License #201103091 Listed on: 08/05/2016

Redfin

Last Buyer's Agent

Jeanne Paul

Windermere Realty Trust License #911200054

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,309

Year Built

  • Built in 1949

Lot Details

  • Corner Lot

Parking

  • Paved Parking
  • Off-Site Parking

Home Design

  • Shingle Siding
  • Cedar

Interior Spaces

  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,309

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3212
  • Stories: 1
  • Year Built: 1949
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished, Full Basement
  • Legal Description: JONESMORE, BLOCK 6, LOT 1-4 W 53.50'

Exterior Features

  • Exterior Description: Cedar, Shingle Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Off Site, Paved

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air 95+%

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Vestal
  • High School: Madison

Lot Info

  • Lot Description: Corner
  • Zoning: R5

Tax Info

  • Tax Amount: 4274.47
  • Assessor Parcel Number: R193598

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Vestal
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Sep 2, 2016
Sold by
Langston James Erick
Bought by
Lsrk Realty Llc
Seller's Agent
Gavin Shettler
Redfin
Buyer's Agent
Jeanne Paul
Windermere Realty Trust
List Price
$400,000
Sold Price
$445,450
Premium/Discount to List
$45,450
11.36%
Current Estimated Value
$631,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,365
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Oct 8, 2004
Sold by
Martin Chung Fun
Bought by
Langston James Erick and Shinder Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,400
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2001
Sold by
Martin Chung Fun
Bought by
Martin Chung Fun

Purchase Details

Closed on
Dec 2, 1998
Sold by
Ackerman Nola B
Bought by
Martin Chung Fun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.69%
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
Lsrk Realty Llc $445,450 First American
Langston James Erick $242,000 Fidelity Natl Title Co Of Or
Martin Chung Fun -- Fidelity National Title Co
Martin Chung Fun $155,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Langston James Erick $169,400
Previous Owner Martin Chung Fun $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2016 09/06/16 Sold $445,450 +11.4% $139 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $400,000 -- $125 / 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 $6,309 $235,800 -- --
2023 $6,067 $228,940 $0 $0
2022 $5,935 $222,280 $0 $0
2021 $5,835 $215,810 $0 $0
2020 $5,353 $209,530 $0 $0
2019 $5,156 $203,430 $0 $0
2018 $5,005 $197,510 $0 $0
2017 $4,797 $191,760 $0 $0
2016 $4,390 $186,180 $0 $0
2015 $4,274 $180,760 $0 $0
2014 $4,210 $175,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16441253

Regional Multiple Listing Service (RMLS)

APN: R193598