NOT LISTED FOR SALE

1406 NE Failing St Portland, OR 97212

Sabin Neighborhood

Estimated Value: $518,000 - $621,000

3 Beds
2 Baths
1,537 Sq Ft
$374/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $520,000 $338 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,320/month

Highlights

  • Wood Flooring
  • Asbestos
  • Level Lot
  • Sabin Elementary School Rated A-

About This Home

As of September 2021

Adorable gem on a corner lot, in the heart of Portland's historic Sabin Neighborhood. Fenced, sunny backyard, newer electrical wiring and windows. Solar panels installed in 2011. Fantastic neighborhood, steps to Whole Foods; walk score of 87. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10193184]

Last Agent to Sell the Property

Katherine Williams

Rose City Realty Group License #200411153 Listed on: 07/15/2021

Last Buyer's Agent

Sarita Vasquez

John L. Scott Portland Central License #201215368

John L. Scott Portland Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Asbestos

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Wood Flooring
  • Unfinished Basement

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,278

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Traditional, 2 Story
  • Sq Ft Calculated: 961
  • Sq Ft Approximate Total: 1537
  • Stories: 2
  • Year Built: 1915
  • Property Condition: Updated/Remodeled
  • Remarks Public: Adorable gem on a corner lot, in the heart of Portland's historic Sabin Neighborhood. Fenced, sunny backyard, newer electrical wiring and windows. Solar panels installed in 2011. Fantastic neighborhood, steps to Whole Foods; walk score of 87. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10193184]
  • Unreinforced Masonry Building: No
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 2.0
  • Interior Amenities: Hardwood Floors
  • Kitchen Appliances: Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: NORTH IRVINGTON, BLOCK K, W 50' OF LOT 1
  • Sq Ft Lower Level: 576
  • Sq Ft Main Level: 601
  • Upper Level Sq Ft: 360
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2
  • Bathrooms Upper Level Full: 1
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Asbestos
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Parking Description: On Street

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Sabin
  • Middle School: Sabin
  • High School: Grant

Lot Info

  • Lot Description: Level
  • Acres: 0.08
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 4
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10193184
  • Green Verification HES Year: 2021

Tax Info

  • Tax Amount: 2780.80
  • Assessor Parcel Number: R226489
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Sabin
  • High School: Grant
  • Middle School: Sabin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 20, 2021
Sold by
Bray Michelle Carol
Bought by
Stayner Mickenna Melissa Verity
Seller's Agent
Katherine Williams
Rose City Realty Group
Buyer's Agent
Sarita Vasquez
John L. Scott Portland Central
List Price
$599,000
Sold Price
$520,000
Premium/Discount to List
-$79,000
-13.19%
Current Estimated Value
$574,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,656
Avg. Annual Appreciation
2.25%
Original Mortgage
$416,000
Outstanding Balance
$377,964
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$190,731

Purchase Details

Closed on
Mar 7, 2018
Sold by
Bray Eidan Webster
Bought by
Bray Eidan Webster and Bray Michelle Carol

Purchase Details

Closed on
Jan 29, 2009
Sold by
Vanpelt Rebekah
Bought by
Webster Eidan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,400
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2004
Sold by
Westside Homes Inc
Bought by
Vanpelt Rebekah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Dodge James Levi
Bought by
Westside Homes Inc

Purchase Details

Closed on
Apr 2, 2004
Sold by
Lincoln Loan Co
Bought by
Dodge James Levi
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
Stayner Mickenna Melissa Verity $520,000 First American Title
Bray Eidan Webster -- None Available
Webster Eidan B $252,000 Fidelity Natl Title Co Of Or
Vanpelt Rebekah $240,000 Lawyers Title Ins
Westside Homes Inc $160,000 Fidelity Natl Title Co Of Or
Dodge James Levi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stayner Mickenna Melissa Verity $416,000
Previous Owner Webster Eidan B $239,400
Previous Owner Vanpelt Rebekah $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $520,000 -5.4% $338 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
07/31/2021 07/31/21 Price Changed $549,900 -3.4% $358 / Sq Ft
07/16/2021 07/16/21 Price Changed $569,000 -5.0% $370 / Sq Ft
07/15/2021 07/15/21 For Sale $599,000 -- $390 / 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 $3,278 $122,500 -- --
2023 $3,152 $118,940 $0 $0
2022 $3,084 $115,480 $0 $0
2021 $3,031 $112,120 $0 $0
2020 $2,781 $108,858 $0 $0
2019 $2,460 $97,040 $0 $0
2018 $2,387 $94,220 $0 $0
2017 $2,288 $91,480 $0 $0
2016 $2,094 $88,820 $0 $0
2015 $2,039 $86,240 $0 $0
2014 $2,009 $83,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katherine Williams

    Seller's Agent in 2021

    Katherine Williams

    Rose City Realty Group

    (503) 349-5511

    1 in this area

    99 Total Sales

    Katherine Williams
    Section Image
  • Sarita Vasquez

    Buyer's Agent in 2021

    Sarita Vasquez

    John L. Scott Portland Central

    (503) 775-4699

    1 in this area

    30 Total Sales

    Sarita Vasquez
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21452521

Regional Multiple Listing Service (RMLS)

APN: R226489

Oregon Multnomah County Portland 97212 Sabin

1406 NE Failing St, Portland, OR

This home is located at 1406 NE Failing St, Portland, OR 97212 since 15 July 2021 and is currently estimated at $574,656, approximately $373 per square foot. This property was built in 1915. 1406 NE Failing St is a home located in Multnomah County with nearby schools including Sabin Elementary School, Harriet Tubman Middle School, and Jefferson High School.

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