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!
Neighborhood WorksLicense #200003181Listed 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
DateNameOwned ForOwner Type
Apr 2018 - PresentBalduzzi Paolo and Balduzzi Veronique7 Years and 2 Months
Private Individual
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%
Total Days on Market
192
Current Estimated Value
$968,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$381,500
Avg. Annual Appreciation
-2.77%
May 2017 - Apr 2018Nguyen Hal11 Months
Private Individual
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
May 2017 - May 2017Gbu LlcLess than a month
Company
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
Mar 2017 - May 2017Nguyen Hai2 Months
Private Individual
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
Apr 2006 - Mar 2017Barasch Paul G10 Years and 11 Months
Private Individual
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
Jul 2004 - Apr 2006Barasch Paul G and Lupo Gianna1 Year and 9 Months
Private Individual
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
Jun 1996 - Jul 2004Zinda Carolann C8 Years and 1 Month
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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
04/20/201804/20/18
Sold
$1,350,000
-1.8%
$408 / Sq Ft
04/02/201804/02/18
Pending
--
--
--
09/22/201709/22/17
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 AssessmentTax 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.
This home is located at 1536 SW Montgomery St Unit 1538, Portland, OR 97201 since 22 September 2017 and is currently estimated at $968,500, approximately $292 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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