NOT LISTED FOR SALE

1724 NE 125th Ave Unit 1726 Portland, OR 97230

Russell Neighborhood

Estimated Value: $358,000 - $435,930

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

Last Sold January 29, 2024

Last sale price $355,900 $261 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,504/month

15 Days on Market

Highlights

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

About This Home

As of January 2024

One unit vacant (#1726) & easy to view. Live here while putting rental income toward your mortgage! 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 spacious yard and 2-car carport. In-unit stacked washer/dryers & gas furnaces. Milgard windows & patio doors installed 3 years ago. Easy-to-rent location. Owner willing to carry financing with 20% down, 5% interest, balloon in 5 years. Or ask about new lending programs for owner occupied duplex & 5% down. Next door identical (but remodeled) duplex also for sale - buy one or both. 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

Irving Casas

Keller Williams Sunset Corridor License #201217796

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,471

Year Built

  • Built in 1974

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
  • Carport
  • 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 R125730

Community Details

Overview

  • 2 Units
  • Russell Subdivision

Building Details

  • Operating Expense $6,727
  • Gross Income $19,560
  • Net Operating Income $12,833

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,471

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1974
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • 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, Carport
  • 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 #: R125730

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4470.51

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.2
  • Annual Gross Income: 19560.0
  • Property Net Operating Income: 12833.0
  • Annual Operating Expense: 6727.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Lopez Irving Casas
Bought by
Feilmeier Jillian
Current Estimated Value
$389,259

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 17, 2024
Sold by
L & J Collier Revocable Living Trust
Bought by
Lopez Irving Casas and Feilmeier Jillian
Seller's Agent
Maria Sworske
Realty One Group Prestige
Buyer's Agent
Irving Casas
Keller Williams Sunset Corridor
List Price
$355,900
Sold Price
$355,900
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$349,453
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 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:

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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
Feilmeier Jillian $5,000 None Listed On Document
Lopez Irving Casas $355,900 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
Previous Owner Lopez Irving Casas $349,453
Previous Owner Bowers Susan C $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $355,900 0.0% $261 / Sq Ft
12/24/2023 12/24/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $355,900 0.0% $261 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $355,900 -- $261 / 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 $4,471 $200,170 $0 $0
2022 $4,383 $194,340 $0 $0
2021 $4,309 $188,680 $0 $0
2020 $4,000 $183,190 $0 $0
2019 $3,786 $177,860 $0 $0
2018 $3,657 $172,680 $0 $0
2017 $3,524 $167,660 $0 $0
2016 $3,069 $162,780 $0 $0
2015 $2,708 $158,040 $0 $0
2014 $2,613 $153,440 $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
  • Irving Casas

    Buyer's Agent in 2024

    Irving Casas

    Keller Williams Sunset Corridor

    (503) 270-5700

    1 in this area

    28 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23479884

Regional Multiple Listing Service (RMLS)

APN: R125730

Oregon Multnomah County Portland 97230 Russell

1724 NE 125th Ave Unit 1726, Portland, OR

This home is located at 1724 NE 125th Ave Unit 1726, Portland, OR 97230 since 08 December 2023 and is currently estimated at $390,983, approximately $287 per square foot. This property was built in 1974. 1724 NE 125th Ave Unit 1726 is a home located in Multnomah County with nearby schools including Russell Elementary, Parkrose Middle School, and Parkrose High School.

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