NOT LISTED FOR SALE

1725 NE Schuyler St Unit 1727 Portland, OR 97212

Irvington Neighborhood

Estimated Value: $783,000 - $875,059

2 Beds
2 Baths
2,388 Sq Ft
$343/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $776,000 $325 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,251/month

110 Days on Market

Highlights

  • Forced Air Heating System
  • Green Certified Home
  • Level Lot
  • Irvington Elementary School Rated 10
  • 2 Car Garage
  • Wood Siding

About This Home

As of May 2024

Stately side-by-side Irvington duplex with great rental history in a fantastic walkable location near restaurants, shops, and parks. This responsibly maintained investment property lives large with spacious primary bedrooms, hardwood floors, fireplaces, private outdoor spaces, basement storage and garages for each unit. Current gross rents at $4,935/month. Just 1 block to all the Broadway hot spots and public transport. Occupants enjoy three levels of spacious living in this well cared for property which features a brand new roof, all new pipes, new furnace, raised bed gardens, and a large backyard. Rare and Ideal duplex layout in a stellar location! [Home Energy Score = 3. HES Report at ]

Last Agent to Sell the Property

Yascha Noonberg

Living Room Realty License #201202058 Listed on: 01/02/2024

Living Room Realty

Last Buyer's Agent

Heather Lamkins

Think Real Estate License #200605037

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,538

Year Built

  • Built in 1951

Lot Details

  • 5,009

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Partial Basement
  • Basement Storage

Schools

  • Irvington Elementary School
  • Harriet Tubman Middle School
  • Jefferson High School

Utilities

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

Additional Features

  • 3-Story Property
  • Green Certified Home
  • Level Lot

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R193108

Community Details

Overview

  • 2 Units
  • Irvington Subdivision

Building Details

  • Operating Expense $14,095
  • Gross Income $59,220
  • Net Operating Income $42,305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,538

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1951
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Irvington
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Zoning: R1a
  • Parcel #: R193108

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 10538.26

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.93
  • Annual Gross Income: 59220.0
  • Property Net Operating Income: 42305.0
  • Annual Operating Expense: 14095.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
May 10, 2024
Sold by
David O Greene O and David Tracy A
Bought by
Lamkins Heather and Frye Patrick
Seller's Agent
Yascha Noonberg
Living Room Realty
Buyer's Agent
Heather Lamkins
Think Real Estate
List Price
$825,000
Sold Price
$776,000
Premium/Discount to List
-$49,000
-5.94%
Views
52
Current Estimated Value
$818,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,265
Avg. Annual Appreciation
2.69%
Original Mortgage
$357,000
Outstanding Balance
$352,267
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$452,676

Purchase Details

Closed on
Apr 27, 2021
Sold by
Greene David Owen and Greene Tracy Ann
Bought by
Greene Tracy A and Greene David O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2016
Closed on
Apr 11, 2016
Sold by
Kettles John
Bought by
Greene David Owen and Greene Tracy Ann
Seller's Agent
Joel Hamley
John L. Scott Portland Central
Buyer's Agent
Yascha Noonberg
Living Room Realty
List Price
$775,000
Sold Price
$815,000
Premium/Discount to List
$40,000
5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.13%
Original Mortgage
$489,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2006
Sold by
Kettles John
Bought by
Kettles John and Kastengren Scott

Purchase Details

Closed on
Jan 31, 2006
Sold by
Newstrom Matt A
Bought by
Kettles John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,300
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 23, 2005
Sold by
Amo Christine M
Bought by
Newstrom Matt A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 21, 1996
Sold by
Hubbard Rachel Eileen
Bought by
Amo Christine Sommer

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
6.98%
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
Lamkins Heather $776,000 First American Title
Greene Tracy A -- None Available
Greene David Owen $815,000 First American
Kettles John -- Accommodation
Kettles John $459,000 Fidelity Natl Title Co Of Or
Newstrom Matt A $425,000 Pacific Nw Title
Amo Christine M -- Pacific Nw Title
Amo Christine Sommer $215,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamkins Heather $357,000
Previous Owner Greene Tracy A $462,000
Previous Owner Greene David Owen $489,000
Previous Owner Kettles John $321,300
Previous Owner Newstrom Matt A $340,000
Previous Owner Amo Christine Sommer $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $776,000 -5.9% $325 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $825,000 +1.2% $345 / Sq Ft
05/20/2016 05/20/16 Sold $815,000 +5.2% $224 / Sq Ft
04/09/2016 04/09/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $775,000 -- $213 / 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 $10,960 $409,620 -- --
2023 $10,538 $397,690 $0 $0
2022 $10,310 $386,110 $0 $0
2021 $10,136 $374,870 $0 $0
2020 $9,298 $363,960 $0 $0
2019 $8,956 $353,360 $0 $0
2018 $8,693 $343,070 $0 $0
2017 $8,331 $333,080 $0 $0
2016 $7,624 $323,380 $0 $0
2015 $7,425 $313,970 $0 $0
2014 $7,312 $304,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24366846

Regional Multiple Listing Service (RMLS)

APN: R193108