NOT LISTED FOR SALE

1424 SW Montgomery St Portland, OR 97201

Southwest Hills Neighborhood
1 Bed
2 Baths
8,280 Sq Ft
1926 Built

Last Sold January 21, 2020

Last sale price $2,350,000 $284 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • Views
  • Controlled Entrance
  • Ainsworth Elementary School Rated A-
  • Storage
  • 5-minute walk to Burlingame Park

About This Home

As of January 2020

All Offers Presented To Seller 10/22. Westover Apartments, located on Montgomery St the Heart of SW Portland. Close proximity to PSU. Well loved, maintained & pampered. Amenities true-to-era, hardwood floors, custom built-ins, period lighting, coin-op laundry, bike storage, storage, newer roof, vinyl double-pane windows, updated electrical. Great Cap Rate! 9 studios, 6 one bedrooms, total of 8,280 sq ft of living space. Performs Well.

Last Agent to Sell the Property

Kimberly Sektnan

Performance Properties Inc License #200704214 Listed on: 10/15/2019

Last Buyer's Agent

Jason Waxberg

Equity Pacific Real Estate LLC License #980500059

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Parking

  • Controlled Entrance

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Window Treatments
  • Storage
  • Wood Flooring
  • Range
  • Property Views

Additional Features

  • Level Lot
  • Gas Water Heater

Community Details

  • 15 Units
  • Property managed by Performance Properties, Inc.

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 8280
  • Stories: 3
  • Year Built: 1926
  • Property Condition: Approximately
  • Remarks Public: All Offers Presented To Seller 10/22. Westover Apartments, located on Montgomery St the Heart of SW Portland. Close proximity to PSU. Well loved, maintained & pampered. Amenities true-to-era, hardwood floors, custom built-ins, period lighting, coin-op laundry, bike storage, storage, newer roof, vinyl double-pane windows, updated electrical. Great Cap Rate! 9 studios, 6 one bedrooms, total of 8,280 sq ft of living space. Performs Well.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PORTLAND, BLOCK 1, SUB OF E 1/2 Z LOT 6
  • Storage: Attached, Individual Storage Units

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 5,000 to 6,999 SqFt
  • View: City, Territorial
  • Foundation Details: Slab
  • View: Yes

Garage/Parking

  • Parking Description: None

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Security: Entry, Sidewalk

Condo/Co-op/Association

  • Management Name: Performance Properties, Inc.
  • Management Phone: 503-635-0099
  • Common Amenities: Commons, Laundry
  • Unit Features: Hardwood Floors, Range, Refrigerator, Window Coverings

Schools

  • Elementary School: Ainsworth
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Lot Description: Level
  • Zoning: R1

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 20491.06
  • Assessor Parcel Number: R246948
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 15
  • Gross Rent Multiplier: 15.55

MLS Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle School: West Sylvan

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

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $2,350,000 -9.3% $284 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $2,590,000 -- $313 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kimberly Sektnan

    Performance Properties Inc

    (971) 384-7217

    29 Total Sales

    Kimberly Sektnan
    Section Image
  • Jason Waxberg

    Buyer's Agent in 2020

    Jason Waxberg

    Equity Pacific Real Estate LLC

    (208) 989-7607

    10 Total Sales

    Jason Waxberg
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19472770

Regional Multiple Listing Service (RMLS)
Oregon Multnomah County Portland 97201 Southwest Hills

1424 SW Montgomery St, Portland, OR

This home is located at 1424 SW Montgomery St, Portland, OR 97201 since 15 October 2019. This property was built in 1926. 1424 SW Montgomery St is a home located in Multnomah County with nearby schools including Ainsworth Elementary School, West Sylvan Middle School, and Lincoln 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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