NOT LISTED FOR SALE

1630 NE 81st Ave Unit 1632 Portland, OR 97213

Madison South Neighborhood

Estimated Value: $466,000 - $544,000

4 Beds
2 Baths
1,560 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $495,000 $317 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,179/month

27 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Ne 82Nd
  • Level Lot
  • Attached Garage
  • Washer and Dryer
  • 1-Story Property

About This Home

As of October 2021

Appealing & easy to keep rented. New in 2021: Roof, gutter system, ext. paint, a few doors. Vinyl windows installed 6-7 years ago. #1632: Beautifully finished hardwood floors, quartz kitchen counters, renter since 12/2020. #1630: carpet new 7 years ago, probably hardwoods underneath, renter since 2014. 1/2 block to chiropractic college (good renter source), 1 block to MAX & bus, 2 blocks to Rose City Golf Course. Super easy to get around, shopping, restaurants, biking. Market rent around $1500.

Last Agent to Sell the Property

Maria Sworske

Realty One Group Prestige License #960500071 Listed on: 08/17/2021

Realty One Group Prestige

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,253

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 5,009

Parking

  • Attached Garage

Home Design

  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Range
  • Washer and Dryer

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,253

Year Built

Built in 1962 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1560
  • Stories: 1
  • Year Built: 1962
  • Property Condition: Updated/Remodeled
  • Remarks Public: Appealing & easy to keep rented. New in 2021: Roof, gutter system, ext. paint, a few doors. Vinyl windows installed 6-7 years ago. #1632: Beautifully finished hardwood floors, quartz kitchen counters, renter since 12/2020. #1630: carpet new 7 years ago, probably hardwoods underneath, renter since 2014. 1/2 block to chiropractic college (good renter source), 1 block to MAX & bus, 2 blocks to Rose City Golf Course. Super easy to get around, shopping, restaurants, biking. Market rent around $1500.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: JONESMORE, BLOCK 54, LOT 8&9
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer

Schools

  • Middle School: H.B. Lee
  • High School: Leodis McDaniel

Lot Info

  • Lot Description: Level
  • Zoning: RM1

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 4457.19
  • Assessor Parcel Number: R194141
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.15

MLS Schools

  • High School: Leodis McDaniel
  • Middle School: H.B. Lee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Stone Glen Sterling
Bought by
Stone Living Trust and Davis
Current Estimated Value
$503,093

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 27, 2021
Sold by
Sworske Maria C
Bought by
Stone Glen S
Seller's Agent
Maria Sworske
Realty One Group Prestige
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.39%
Original Mortgage
$370,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2013
Closed on
Aug 18, 2014
Sold by
Orfield Kelly A
Bought by
Sworske Maria C
Seller's Agent
Dave Scriven
RE/MAX Equity Group
Buyer's Agent
Maria Sworske
Realty One Group Prestige
List Price
$234,950
Sold Price
$214,060
Premium/Discount to List
-$20,890
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%
Original Mortgage
$160,545
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2005
Sold by
Vickery Marc
Bought by
Orfield Kelly A and Orfield Tamara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 11, 2000
Sold by
Maloney James D
Bought by
Vickery Marc and Vickery Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,822
Interest Rate
7.67%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 1997
Sold by
Pengshung Ming S
Bought by
Maloney James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Stone Living Trust -- None Listed On Document
Stone Glen S $495,000 First American
Sworske Maria C $214,060 Ticor Title
Orfield Kelly A $215,000 First American
Vickery Marc $144,000 Pacific Nw Title
Maloney James D $139,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Glen S $370,000
Previous Owner Sworske Maria C $160,545
Previous Owner Orfield Kelly A $161,250
Previous Owner Vickery Marc $173,000
Previous Owner Vickery Marc $140,000
Previous Owner Vickery Marc $17,450
Previous Owner Vickery Marc $142,822
Previous Owner Maloney James D $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $495,000 0.0% $317 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $495,000 +131.2% $317 / Sq Ft
08/22/2014 08/22/14 Sold $214,060 -8.9% $137 / Sq Ft
07/13/2014 07/13/14 Pending -- -- --
11/15/2013 11/15/13 For Sale $234,950 -- $151 / 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 $5,253 $190,640 $0 $0
2022 $4,942 $185,090 $0 $0
2021 $4,859 $179,700 $0 $0
2020 $4,457 $174,470 $0 $0
2019 $4,293 $169,390 $0 $0
2018 $4,167 $164,460 $0 $0
2017 $3,994 $159,670 $0 $0
2016 $3,655 $155,020 $0 $0
2015 $3,559 $150,510 $0 $0
2014 $3,505 $146,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21383912

Regional Multiple Listing Service (RMLS)

APN: R194141