NOT LISTED FOR SALE

1718 NE 125th Ave Unit 1720 Portland, OR 97230

Russell Neighborhood

Estimated Value: $358,000 - $441,093

4 Beds
2 Baths
1,362 Sq Ft
$287/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $351,000 $258 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,427/month

28 Days on Market

Highlights

  • Storage
  • Level Lot
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of January 2024

Convenient to shopping, coffee shops, restaurants, bus lines. Tucked away in a tidy neighborhood of mostly single family homes on a cul de sac with low traffic & plenty of parking. One level duplex with nice floor plan & spacious yard. One unit remodeled in 2017, the other in 2021 with granite counter tops, new cupboards, flooring, appliances, fixtures. Milgard windows & patio doors installed 3 years ago. In-unit stacked washer/dryers & gas furnaces. Easy-to-rent location & good tenant retention. Owner willing to carry financing with 20% down, 5% interest, balloon in 5 years. Please - Do Not Walk on Property Without Appointment and Agent.

Last Agent to Sell the Property

Maria Sworske

Realty One Group Prestige License #960500071 Listed on: 12/08/2023

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

  • $4,415

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,362 Sq Ft Home
  • 1-Story Property
  • Storage

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Assigned Parking

Schools

  • Russell Elementary School
  • Parkrose Middle School
  • Parkrose High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R125731

Community Details

Overview

  • 2 Units
  • Russell Subdivision

Building Details

  • Operating Expense $6,671
  • Gross Income $26,160
  • Net Operating Income $19,489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,415

Year Built

Built in 1974 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1974
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Attached
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Aluminum
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Paved
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Russell
  • High School: Parkrose
  • Middle Or Junior School: Parkrose

Lot Info

  • Zoning: R7
  • Parcel #: R125731

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4414.87

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.37
  • Annual Gross Income: 26160.0
  • Property Net Operating Income: 19489.0
  • Annual Operating Expense: 6671.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 9, 2024
Sold by
L & J Collier Revocable Living Trust
Bought by
1718 Ne 125Th Ave Llc
Seller's Agent
Maria Sworske
Realty One Group Prestige
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$375,900
Sold Price
$351,000
Premium/Discount to List
-$24,900
-6.62%
Views
35
Current Estimated Value
$388,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,032
Avg. Annual Appreciation
7.17%
Original Mortgage
$266,250
Outstanding Balance
$208,164
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$182,859

Purchase Details

Closed on
Jun 2, 2003
Sold by
Bowers Susan C
Bought by
Collier Larry J and Collier Joanne Lee

Purchase Details

Closed on
Apr 4, 1996
Sold by
Board Pensions Presbyterian Church Usa
Bought by
Bowers Susan C and Bowers Vernon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1718 Ne 125Th Ave Llc $351,000 First American Title
Collier Larry J $152,500 First American
Bowers Susan C $97,500 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1718 Ne 125Th Ave Llc $266,250
Previous Owner Bowers Susan C $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $351,000 -6.6% $258 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/08/2023 12/08/23 For Sale $375,900 -- $276 / 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 $4,415 $197,680 $0 $0
2022 $4,328 $191,920 $0 $0
2021 $4,106 $179,800 $0 $0
2020 $3,812 $174,570 $0 $0
2019 $3,608 $169,490 $0 $0
2018 $3,485 $164,560 $0 $0
2017 $3,359 $159,770 $0 $0
2016 $3,017 $155,120 $0 $0
2015 $2,730 $150,610 $0 $0
2014 $2,633 $146,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Sworske

    Seller's Agent in 2024

    Maria Sworske

    Realty One Group Prestige

    (503) 720-6466

    3 in this area

    50 Total Sales

    Section Image

  • O

    Buyer's Agent in 2024

    OR and WA Non Rmls

    Non Rmls Broker

    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23299439

Regional Multiple Listing Service (RMLS)

APN: R125731

Oregon Multnomah County Portland 97230 Russell

1718 NE 125th Ave Unit 1720, Portland, OR

This home is located at 1718 NE 125th Ave Unit 1720, Portland, OR 97230 since 08 December 2023 and is currently estimated at $391,023, approximately $287 per square foot. This property was built in 1974. 1718 NE 125th Ave Unit 1720 is a home located in Multnomah County with nearby schools including Russell Elementary, Parkrose Middle School, and Parkrose High School.

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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes