NOT LISTED FOR SALE

1554 NE 68th Ave Unit 1558 Portland, OR 97213

Madison South Neighborhood

Estimated Value: $475,000 - $559,000

3 Beds
3 Baths
1,686 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 23, 2013

Last sale price $194,955 $116 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $3,406/month

482 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Level Lot
  • Fireplace

About This Home

As of December 2013

Great first time investment! Super Rose City duplex, near Max, golf, shopping & freeway. Good rental history and cash flow. Lower unit comes with one-bdrm and bath. Currently has onecar-garage access. Upper unit with two-bdrms, 1.1 baths and fireplace! Duplex shares a commonwall, both units are on north side.

Last Agent to Sell the Property

Matt Mahaffy

Windermere Realty Trust License #200205006 Listed on: 04/10/2012

Windermere Realty Trust

Last Buyer's Agent

Tatiana Xenelis

KJK Properties PC License #200704030

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,677

Year Built

  • Built in 1996

Lot Details

  • 2,483

Parking

  • Attached Garage

Interior Spaces

  • 2-Story Property
  • Fireplace

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Deck
  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Call Matt's assistant Shauna

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,677

Year Built

Built in 1996

Lot Details

0

Parking

1

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1686
  • Stories: 2
  • Year Built: 1996
  • Year Built Description: Approximately
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Daylight, Full Basement
  • Legal Description: SANTA ROSA PK ADD, BLOCK 10, LOT 14
  • Storage: Garage(s)

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Management Name: Call Matt's assistant Shauna
  • Management Phone: 503-347-5358
  • Unit Features: Deck, Dishwasher, Fireplace, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Lee
  • Middle School: Lee
  • High School: Madison

Lot Info

  • Lot Description: Level
  • Zoning: C dwell

Tax Info

  • Tax Amount: 3344.00
  • Assessor Parcel Number: R265901

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.66

MLS Schools

  • Elementary School: Lee
  • High School: Madison
  • Middle School: Lee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2012
Closed on
Dec 23, 2013
Sold by
Lwin Charles Myint
Bought by
Fischer Joel M
Seller's Agent
Matt Mahaffy
Windermere Realty Trust
Buyer's Agent
Tatiana Xenelis
KJK Properties PC
List Price
$199,900
Sold Price
$194,955
Premium/Discount to List
-$4,945
-2.47%
Current Estimated Value
$516,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,063
Avg. Annual Appreciation
8.88%
Original Mortgage
$191,423
Interest Rate
4.13%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 2007
Sold by
Rentek Llc
Bought by
Lwin Charles Myint and Mon Myat Hsu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,550
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2005
Sold by
Grancwich William R
Bought by
Rentek Llc

Purchase Details

Closed on
Jan 4, 2004
Sold by
Stark Betty Jean
Bought by
Granewich Ii William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 1996
Sold by
Northstar Development Corp
Bought by
Stark Gary and Stark Betty Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.75%
Mortgage Type
Construction
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
Fischer Joel M $194,955 Wfg Title
Lwin Charles Myint $208,400 Ticor Title Insurance Compan
Rentek Llc -- --
Granewich Ii William R $168,000 Ticor Title Insurance Compan
Stark Gary $16,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Joel M $280,000
Closed Fischer Joel M $227,500
Closed Fischer Joel M $191,423
Previous Owner Lwin Charles Myint $184,150
Previous Owner Lwin Charles Myint $187,550
Previous Owner Granewich Ii William R $134,400
Previous Owner Stark Gary $108,750
Closed Granewich Ii William R $33,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2013 12/23/13 Sold $194,955 -2.5% $116 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
04/10/2012 04/10/12 For Sale $199,900 -- $119 / 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 $6,677 $242,280 $0 $0
2022 $6,281 $235,230 $0 $0
2021 $6,175 $228,380 $0 $0
2020 $5,665 $221,730 $0 $0
2019 $5,456 $215,280 $0 $0
2018 $5,296 $209,010 $0 $0
2017 $4,999 $202,930 $0 $0
2016 $4,645 $197,020 $0 $0
2015 $4,524 $191,290 $0 $0
2014 $4,420 $185,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Mahaffy

    Seller's Agent in 2013

    Matt Mahaffy

    Windermere Realty Trust

    (503) 936-3511

    1 in this area

    122 Total Sales

    Section Image
  • Tatiana Xenelis

    Buyer's Agent in 2013

    Tatiana Xenelis

    KJK Properties PC

    (503) 756-2559

    90 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12314068

Regional Multiple Listing Service (RMLS)

APN: R265901

Oregon Multnomah County Portland 97213 Madison South

1554 NE 68th Ave Unit 1558, Portland, OR

This home is located at 1554 NE 68th Ave Unit 1558, Portland, OR 97213 since 10 April 2012 and is currently estimated at $515,557, approximately $305 per square foot. This property was built in 1996. 1554 NE 68th Ave Unit 1558 is a home located in Multnomah County with nearby schools including Rose City Park Elementary, Roseway Heights School, and Leodis V. McDaniel High School.

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