NOT LISTED FOR SALE

1536 SW Montgomery St Unit 1538 Portland, OR 97201

Southwest Hills Neighborhood

Estimated Value: $884,000 - $1,255,000

5 Beds
4 Baths
3,312 Sq Ft
$323/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $1,350,000 $408 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $7,019/month

192 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Washer and Dryer
  • Ainsworth Elementary School Rated A-
  • Views
  • Wood Siding

About This Home

As of April 2018

Beautifully restored building with updated systems, restored original details including woodwork, pocket doors, wood floors, updated modern kitchens. High ceilings in daylight basement - potential for finishing. Garage can be converted as well - zoned R1- buyer to confirm with City. Please do not disturb tenants!

Last Agent to Sell the Property

Jarrett Altman

Neighborhood Works License #200003181 Listed on: 09/22/2017

Co-Listed By

Michael Bluhm

Neighbors Realty License #201218396

Last Buyer's Agent

Jarrett Altman

Neighborhood Works License #200003181 Listed on: 09/22/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,360

Year Built

  • Built in 1908 | Remodeled

Lot Details

  • Corner Lot
  • Sloped Lot

Home Design

  • Wood Siding

Interior Spaces

  • 4-Story Property
  • Wood Flooring
  • Dishwasher
  • Washer and Dryer
  • Property Views

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,360

Year Built

Built in 1908 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 4
  • Year Built: 1908
  • Property Condition: Updated/Remodeled
  • Remarks Public: Beautifully restored building with updated systems, restored original details including woodwork, pocket doors, wood floors, updated modern kitchens. High ceilings in daylight basement - potential for finishing. Garage can be converted as well - zoned R1- buyer to confirm with City. Please do not disturb tenants!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PORTLAND, SUB OF NW 1/4 Z, BLOCK NW1/4Z, INC 10' W OF & ADJ W 35'
  • Basement: Daylight, Full Basement, Exterior Entry
  • Storage: Garage(s), Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • View: City, Seasonal
  • View: Yes

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air - 95+%

Condo/Co-op/Association

  • Unit Features: Dishwasher, Hardwood Floors, Washer/Dryer, Wood Floors, Air Conditioning

Schools

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

Lot Info

  • Lot Description: Corner Lot, Sloped
  • Zoning: R1

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 9187.37
  • Assessor Parcel Number: R246969

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 18.63

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Apr 18, 2018
Sold by
Gbu Llc
Bought by
Balduzzi Paolo and Balduzzi Veronique
Seller's Agent
Jarrett Altman
Neighborhood Works
Buyer's Agent
Jarrett Altman
Neighborhood Works
List Price
$1,375,000
Sold Price
$1,350,000
Premium/Discount to List
-$25,000
-1.82%
Current Estimated Value
$1,069,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$280,500

Purchase Details

Closed on
May 19, 2017
Sold by
Barasch Paul
Bought by
Nguyen Hal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2017
Sold by
Nguyen Hai
Bought by
Gbu Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2017
Sold by
Barasch Paul
Bought by
Nguyen Hai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2006
Sold by
Lupo Gianna
Bought by
Barasch Paul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 1, 2004
Sold by
Zinda Jack D
Bought by
Barasch Paul G and Lupo Gianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 28, 1996
Sold by
Zinda Jack D
Bought by
Zinda Carolann C
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
Balduzzi Paolo $1,350,000 First American Title
Nguyen Hal $950,000 Fidelity National Title Or
Gbu Llc -- Fidelity Natl Title Co Of Or
Nguyen Hai -- Accommodation
Barasch Paul G $55,000 Ticor Title Insurance Compan
Barasch Paul G $515,000 Fidelity Natl Title Co Of Or
Zinda Carolann C -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paolo Balduzzi $355,000
Previous Owner Nguyen Hai $450,000
Previous Owner Gbu Llc $985,000
Previous Owner Barasch Paul G $593,000
Previous Owner Barasch Paul G $600,000
Previous Owner Barasch Paul G $37,500
Previous Owner Barasch Paul G $490,000
Previous Owner Barasch Paul G $140,000
Previous Owner Barasch Paul G $110,500
Previous Owner Barasch Paul G $412,000
Closed Barasch Paul G $77,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $1,350,000 -1.8% $408 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
09/22/2017 09/22/17 For Sale $1,375,000 -- $415 / 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
2023 $13,360 $504,640 $0 $0
2022 $13,071 $489,950 $0 $0
2021 $12,849 $475,682 $0 $0
2020 $10,254 $401,760 $0 $0
2019 $9,877 $390,060 $0 $0
2018 $9,586 $378,700 $0 $0
2017 $9,187 $367,670 $0 $0
2016 $8,408 $356,970 $0 $0
2015 $8,187 $346,580 $0 $0
2014 $8,064 $336,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jarrett Altman

    Seller's Agent in 2018

    Jarrett Altman

    Neighborhood Works

    (503) 407-4200

    118 Total Sales

    Section Image
  • Michael Bluhm

    Seller Co-Listing Agent in 2018

    Michael Bluhm

    Neighbors Realty

    (503) 863-7390

    78 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17658111

Regional Multiple Listing Service (RMLS)

APN: R246969

Oregon Multnomah County Portland 97201 Southwest Hills

1536 SW Montgomery St Unit 1538, Portland, OR

This home is located at 1536 SW Montgomery St Unit 1538, Portland, OR 97201 since 22 September 2017 and is currently estimated at $1,069,500, approximately $322 per square foot. This property was built in 1908. 1536 SW Montgomery St Unit 1538 is a home located in Multnomah County with nearby schools including Ainsworth Elementary School, West Sylvan Middle School, and Lincoln High School.

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