NOT LISTED FOR SALE

1812 SE Morrison St Unit 1818 Portland, OR 97214

Buckman Neighborhood

Estimated Value: $1,059,000 - $1,382,541

8 Beds
4 Baths
6,174 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,075,000 $174 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,474/month

18 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Asbestos
  • Cleveland High School Rated A-
  • Storage
  • Level Lot

About This Home

As of March 2021

Charming originally built 4-plex in excellent rental area and condition. Units feature large LR and formal DR, large kitchen w/back entry, uppers with decks, 2 bdrm/1 ba units with natural woodwork, and some remodeling. Building has been well maintained and exterior newly repainted.

Last Agent to Sell the Property

Rick Cravens

Windermere Realty Trust License #780700264 Listed on: 01/25/2021

Windermere Realty Trust

Last Buyer's Agent

Anthony Piff

MORE Realty License #201218306

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,774

Year Built

  • Built in 1911

Lot Details

  • 3,485

Home Design

  • Wood Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Storage
  • Wood Flooring
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Level Lot

Community Details

  • 4 Units
  • Property managed by call listing agent before show

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,774

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 6174
  • Stories: 2
  • Year Built: 1911
  • Property Condition: Existing
  • Remarks Public: Charming originally built 4-plex in excellent rental area and condition. Units feature large LR and formal DR, large kitchen w/back entry, uppers with decks, 2 bdrm/1 ba units with natural woodwork, and some remodeling. Building has been well maintained and exterior newly repainted.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: GARRISON'S SUB, BLOCK 10, N 70' OF LOT 2
  • Basement: Full Basement, Exterior Entry, Storage Space
  • Storage: Individual Storage Units, Basement

Exterior Features

  • Exterior Description: Asbestos, Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Description: None

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Gravity
  • Security: None

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Management Name: call listing agent before show
  • Common Amenities: Laundry
  • Unit Features: Deck, Dishwasher, Hardwood Floors, Refrigerator, Window Coverings, Wood Floors

Schools

  • Elementary School: Buckman
  • Middle School: Hosford
  • High School: Cleveland

Lot Info

  • Lot Description: Level
  • Zoning: RM2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 9156.67
  • Assessor Parcel Number: R167962
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 17.38

MLS Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2013
Sold by
Monroe Dale F and Monroe Monica R
Bought by
Monroe D F and Monroe Monica R
Current Estimated Value
$1,201,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Outstanding Balance
$289,575
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$905,560

Purchase Details

Closed on
Mar 19, 2013
Sold by
Monroe D F
Bought by
Monroe Dale F and Monroe Monica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Outstanding Balance
$289,575
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$905,560

Purchase Details

Closed on
Nov 21, 2006
Sold by
Monroe D F and Monroe Monica R
Bought by
Monroe D F and Monroe Monica R

Purchase Details

Closed on
Feb 17, 2006
Sold by
Monroe D F
Bought by
Monroe D F and Monroe Monica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,250
Interest Rate
6.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 5, 2001
Sold by
Pippert Eric
Bought by
Monroe Dale and Monroe Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,900
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 1990
Sold by
Ward Lance
Bought by
Hedman Gordon L and Hedman Peggy

Purchase Details

Closed on
Sep 1, 1988
Sold by
Ward F Whitney
Bought by
Hedman Gordon L and Hedman Peggy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Monroe D F -- None Available
Monroe Dale F -- First American
Monroe D F -- Fatco
Monroe D F -- First American
Monroe Dale $417,000 Chicago Title Insurance Co
Hedman Gordon L -- First American Title Ins Co
Hedman Gordon L -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe Dale F $403,000
Closed Monroe D F $439,250
Closed Monroe Dale $291,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $1,075,000 -12.2% $174 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $1,225,000 -2.0% $198 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $1,250,000 -- $202 / 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 $10,774 $406,590 $0 $0
2022 $10,541 $394,750 $0 $0
2021 $10,362 $383,260 $0 $0
2020 $9,506 $372,100 $0 $0
2019 $9,157 $361,270 $0 $0
2018 $8,887 $350,750 $0 $0
2017 $8,518 $340,540 $0 $0
2016 $7,795 $330,630 $0 $0
2015 $7,591 $321,000 $0 $0
2014 $7,476 $311,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Cravens

    Seller's Agent in 2021

    Rick Cravens

    Windermere Realty Trust

    (503) 804-2441

    1 in this area

    39 Total Sales

    Section Image
  • Anthony Piff

    Buyer's Agent in 2021

    Anthony Piff

    MORE Realty

    (503) 353-6673

    1 in this area

    45 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21531555

Regional Multiple Listing Service (RMLS)

APN: R167962

Oregon Multnomah County Portland 97214 Buckman

1812 SE Morrison St Unit 1818, Portland, OR

This home is located at 1812 SE Morrison St Unit 1818, Portland, OR 97214 since 25 January 2021 and is currently estimated at $1,195,135, approximately $193 per square foot. This property was built in 1911. 1812 SE Morrison St Unit 1818 is a home located in Multnomah County with nearby schools including Buckman Elementary School, Hosford Middle School, and Cleveland High School.

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