NOT LISTED FOR SALE

1335 NE 119th Ave Portland, OR 97220

Hazelwood Neighborhood

Estimated Value: $163,000 - $762,909

-- Bed
3 Baths
3,370 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $615,000 $182 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $2,817/month

131 Days on Market

Highlights

  • Home Security System
  • Laundry Facilities
  • Level Lot
  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of March 2024

Great triplex investment opportunity. All units have 2 bedrooms/1 bath on one level. Good floor plans. Well maintained. There is nearly 1000 sq. ft of shared storage and laundry space. A sought after plus are the 7+ paved parking spaces. Full rented with month-to-month tenancies. Buyer could owner-occupy one unit and rent the other two units. Sale also includes an adjacent vacant level .14 acre tax lot north of the triplex. This has buildable residential potential. Zoning is R7/R7A. (See MLS# 23148849). Both properties for one price of $649,000. Location has easy access to groceries, shopping, restaurants on 102nd & 122nd; transit to downtown on Halsey, I-205 & I-84 and airport. Write offer "subject to inspection". Do not disturb tenants!!!

Last Agent to Sell the Property

Vicki Pflaumer

RE/MAX Equity Group License #200104195 Listed on: 07/01/2023

RE/MAX Equity Group

Last Buyer's Agent

Tim Phommany

Keller Williams Premier Partners License #200203258

Keller Williams Premier Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,179

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,370 Sq Ft Home
  • 1-Story Property
  • Home Security System

Basement

  • Partial Basement
  • Crawl Space
  • Basement Storage

Parking

  • 7 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Ventura Park Elementary School
  • Floyd Light Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R154491

Community Details

Overview

  • 3 Units
  • Hazelwood Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $13,593
  • Gross Income $35,400
  • Net Operating Income $21,807

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,179

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1964
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, PartialBasement, StorageSpace
  • Storage: Basement
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Cedar,LapSiding,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No
  • Total Parking Spaces: 7.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Internet Service Type: Satellite
  • Security: SecuritySystem
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Ventura Park
  • High School: David Douglas
  • Middle Or Junior School: Floyd Light

Lot Info

  • Zoning: R7
  • Parcel #: R154491
  • Assessor Parcel Number 2: R154490

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6179.24

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 17.77
  • Annual Gross Income: 35400.0
  • Property Net Operating Income: 21807.0
  • Annual Operating Expense: 13593.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Jewell Jeffrey L and Jewell Mary Lg
Bought by
Sayadeth Southam
Current Estimated Value
$506,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Reilly Thomas J
Bought by
Jewell Jeffrey L and Jewell Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.21%
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
Sayadeth Southam $615,000 First American Title
Jewell Jeffrey L $408,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sayadeth Southam $430,500
Previous Owner Jewell Jeffrey L $287,000
Previous Owner Jewell Jeffrey L $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $615,000 -2.2% $182 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/21/2023 10/21/23 For Sale $629,000 0.0% $187 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $629,000 0.0% $187 / Sq Ft
09/15/2023 09/15/23 For Sale $629,000 +2.3% $187 / Sq Ft
09/13/2023 09/13/23 Off Market $615,000 -- --
08/12/2023 08/12/23 For Sale $649,000 0.0% $193 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $649,000 -- $193 / 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 $1,393 $58,400 $58,400 --
2023 $1,393 $56,700 $56,700 $0
2022 $1,263 $55,050 $0 $0
2021 $1,243 $53,450 $0 $0
2020 $1,126 $51,900 $0 $0
2019 $1,090 $50,390 $0 $0
2018 $1,057 $48,930 $0 $0
2017 $1,018 $47,510 $0 $0
2016 $991 $46,130 $0 $0
2015 $967 $44,790 $0 $0
2014 $949 $43,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vicki Pflaumer

    Seller's Agent in 2024

    Vicki Pflaumer

    RE/MAX

    (888) 934-2345

    2 in this area

    16 Total Sales

    Vicki Pflaumer
    Section Image
  • Tim Phommany

    Buyer's Agent in 2024

    Tim Phommany

    Keller Williams Premier Partners

    (503) 896-8861

    4 in this area

    64 Total Sales

    Tim Phommany
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23042397

Regional Multiple Listing Service (RMLS)

APN: R154490

Oregon Multnomah County Portland 97220 Hazelwood

1335 NE 119th Ave, Portland, OR

This home is located at 1335 NE 119th Ave, Portland, OR 97220 since 01 July 2023 and is currently estimated at $506,977, approximately $150 per square foot. This property was built in 1964. 1335 NE 119th Ave is a home located in Multnomah County with nearby schools including Ventura Park Elementary School, Floyd Light Middle School, and David Douglas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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