NOT LISTED FOR SALE

1425 NE 75th Ave Unit 1427 Portland, OR 97213

Montavilla Neighborhood

Estimated Value: $476,193 - $563,000

3 Beds
2 Baths
1,528 Sq Ft
$336/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $470,000 $308 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,176/month

Highlights

  • Attached Garage
  • Level Lot
  • 1-Story Property
  • Storage
  • Wood Siding

About This Home

As of December 2020

Charming Montavilla Mid-Century Duplex. Well-maintained with great rental history. 1BR (1427) unit updated 2019. Kitchen with new disposal, sink, faucet & countertops, painted cabinets. Bathroom with new flooring, toilet, sink & vanity. 2BR (1425) unit updated in 2009 with remolded kitchen, bath & laundry room. Both units with hardwood floors & new paint throughout. New windows, roof & gutters. Private yard with patio. Off street parking, storage & laundry hook-ups. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Sean Besso

MORE Realty License #200405275 Listed on: 09/25/2020

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Last Buyer's Agent

Jacob Wathen

MORE Realty License #201222796

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,563

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Storage
  • Washer and Dryer Hookup
  • Crawl Space
  • Storage In Attic

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,563

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1528
  • Stories: 1
  • Year Built: 1957
  • Property Condition: Updated/Remodeled
  • Remarks Public: Charming Montavilla Mid-Century Duplex. Well-maintained with great rental history. 1BR (1427) unit updated 2019. Kitchen with new disposal, sink, faucet & countertops, painted cabinets. Bathroom with new flooring, toilet, sink & vanity. 2BR (1425) unit updated in 2009 with remolded kitchen, bath & laundry room. Both units with hardwood floors & new paint throughout. New windows, roof & gutters. Private yard with patio. Off street parking, storage & laundry hook-ups. DO NOT DISTURB TENANTS.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: KATHARINE, BLOCK 8, LOT 2
  • Basement: Crawl Space
  • Storage: Attic, Individual Storage Units

Exterior Features

  • Exterior Description: Cedar, Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Concrete

Garage/Parking

  • Parking Description: Attached

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Washer/Dryer Hookup, Window Coverings

Schools

  • Elementary School: Vestal
  • Middle School: Roseway Heights
  • High School: Madison

Lot Info

  • Lot Description: Level
  • Zoning: R5

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 4546.29
  • Assessor Parcel Number: R194892
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.95

MLS Schools

  • Elementary School: Vestal
  • High School: Madison
  • Middle School: Roseway Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 30, 2020
Sold by
Mcguire Timothy J and Mcguire Julie Ann
Bought by
Cooper Jack W
Seller's Agent
Sean Besso
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Buyer's Agent
Jacob Wathen
MORE Realty
List Price
$474,500
Sold Price
$470,000
Premium/Discount to List
-$4,500
-0.95%
Current Estimated Value
$513,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,048
Avg. Annual Appreciation
1.81%
Original Mortgage
$461,487
Outstanding Balance
$411,594
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$101,454

Purchase Details

Closed on
Dec 18, 2009
Sold by
Mcguire Timothy J
Bought by
Mcguire Timothy J and Mcguire Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2006
Sold by
Koenig Paul
Bought by
Mcguire Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,200
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2006
Sold by
Koenig Paul
Bought by
Koenig Paul and Mallette Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,790
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Cooper Jack W $470,000 Fidelity National Title
Mcguire Timothy J -- First American
Mcguire Timothy J $245,500 Ticor Title Insurance Compan
Koenig Paul $189,700 First American Title Insuran
Koenig Paul G $189,700 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Jack W $461,487
Previous Owner Mcguire Timothy J $230,000
Previous Owner Mcguire Timothy J $233,200
Previous Owner Koenig Paul G $132,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $470,000 -0.9% $308 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $474,500 -- $311 / 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 $5,563 $207,910 -- --
2023 $5,563 $201,860 $0 $0
2022 $5,233 $195,990 $0 $0
2021 $5,145 $190,290 $0 $0
2020 $4,720 $184,750 $0 $0
2019 $4,546 $179,370 $0 $0
2018 $4,413 $174,150 $0 $0
2017 $4,229 $169,080 $0 $0
2016 $3,871 $164,160 $0 $0
2015 $3,769 $159,380 $0 $0
2014 $3,702 $154,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Besso

    Seller's Agent in 2020

    Sean Besso

    MORE Realty

    (503) 353-6673

    1 in this area

    34 Total Sales

    Sean Besso
    Section Image
  • Jacob Wathen

    Buyer's Agent in 2020

    Jacob Wathen

    MORE Realty

    (541) 525-3412

    3 in this area

    38 Total Sales

    Jacob Wathen
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20119834

Regional Multiple Listing Service (RMLS)

APN: R194892

Oregon Multnomah County Portland 97213 Montavilla

1425 NE 75th Ave Unit 1427, Portland, OR

This home is located at 1425 NE 75th Ave Unit 1427, Portland, OR 97213 since 25 September 2020 and is currently estimated at $513,048, approximately $335 per square foot. This property was built in 1957. 1425 NE 75th Ave Unit 1427 is a home located in Multnomah County with nearby schools including Vestal Elementary School, Leodis V. McDaniel High School, and Portland Arthur Academy.

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