NOT LISTED FOR SALE

1631 NE 73rd Ave Unit 1633 Portland, OR 97213

Montavilla Neighborhood

Estimated Value: $539,000 - $658,000

4 Beds
4 Baths
2,190 Sq Ft
$269/Sq Ft Est. Value

Last Sold February 09, 2012

Last sale price $210,700 $96 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $3,746/month

37 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • 1-Story Property

About This Home

As of February 2012

Spacious single level units. Well maintained by 2nd owner. Each unit features 2bd/1.1bth, living rm, dining area, large kitchen, washer-dryer connection, storage room, deck, off street parking. Convenient location near bus, freeway, Rose City Golf, Montavilla shopping. Solid investment or owner occupy. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Kent Mathews

John L. Scott Portland Central License #961100216 Listed on: 11/30/2011

John L. Scott Portland Central

Last Buyer's Agent

Harlan Mayer

RealEstatePDX.com License #200305257

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,137

Year Built

  • Built in 1977

Lot Details

  • Level Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,190 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Vestal Elementary School
  • Madison High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R193917

Community Details

Overview

  • 2 Units
  • Montavilla/Jonesmore Subdivision
  • Property managed by PORTER BRAUEN

Building Details

  • Operating Expense $3,570
  • Gross Income $18,480
  • Net Operating Income $18,047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,137

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1977
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,IndividualStorageUnits
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,T111Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: PORTER BRAUEN

Schools

  • Elementary School: Vestal
  • High School: Madison

Lot Info

  • Zoning: R2
  • Parcel #: R193917

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.18
  • Annual Gross Income: 18480.0
  • Property Net Operating Income: 18047.0
  • Annual Operating Expense: 3570.0

Tax Info

  • Tax Annual Amount: 3136.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2011
Closed on
Feb 8, 2012
Sold by
Limerick James R
Bought by
Erickson Robyn J
Seller's Agent
Kent Mathews
John L. Scott Portland Central
Buyer's Agent
Harlan Mayer
RealEstatePDX.com
List Price
$233,000
Sold Price
$210,700
Premium/Discount to List
-$22,300
-9.57%
Current Estimated Value
$588,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,149
Avg. Annual Appreciation
7.87%
Original Mortgage
$147,490
Outstanding Balance
$101,460
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$487,389

Purchase Details

Closed on
Jul 17, 2003
Sold by
Beliveau Fernande
Bought by
Limerick James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.18%
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
Erickson Robyn J $210,700 Fidelity Natl Title Co Of Or
Limerick James R $183,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Robyn J $147,490
Previous Owner Limerick James R $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2012 02/09/12 Sold $210,700 -9.6% $96 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
11/30/2011 11/30/11 For Sale $233,000 -- $106 / 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 $6,450 $241,080 -- --
2023 $6,202 $234,060 $0 $0
2022 $6,068 $227,250 $0 $0
2021 $5,966 $220,640 $0 $0
2020 $5,473 $214,220 $0 $0
2019 $5,272 $207,990 $0 $0
2018 $5,117 $201,940 $0 $0
2017 $4,904 $196,060 $0 $0
2016 $4,488 $190,350 $0 $0
2015 $4,370 $184,810 $0 $0
2014 $4,304 $179,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kent Mathews

    Seller's Agent in 2012

    Kent Mathews

    John L. Scott Portland Central

    (503) 998-1658

    1 in this area

    45 Total Sales

    Kent Mathews
    Section Image
  • Harlan Mayer

    Buyer's Agent in 2012

    Harlan Mayer

    RealEstatePDX.com

    (503) 288-3979

    2 in this area

    31 Total Sales

    Harlan Mayer
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11494509

Regional Multiple Listing Service (RMLS)

APN: R193917

Oregon Multnomah County Portland 97213 Montavilla

1631 NE 73rd Ave Unit 1633, Portland, OR

This home is located at 1631 NE 73rd Ave Unit 1633, Portland, OR 97213 since 30 November 2011 and is currently estimated at $588,849, approximately $268 per square foot. This property was built in 1977. 1631 NE 73rd Ave Unit 1633 is a home located in Multnomah County with nearby schools including Vestal Elementary School, Leodis V. McDaniel High School, and Portland Arthur Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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