NOT LISTED FOR SALE

1946 SW Nebraska St Unit 1948 Portland, OR 97239

Hillsdale Neighborhood

Estimated Value: $527,463 - $596,000

4 Beds
2 Baths
1,560 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 03, 2012

Last sale price $170,000 $109 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $3,228/month

27 Days on Market

Highlights

  • Storage
  • Baseboard Heating
  • 1-Story Property
  • Rieke Elementary School Rated A-
  • Wood Siding

About This Home

As of April 2012

Fully rented duplex with development potential. 2 bedroom, 1 bath units with paved parking in desirable Hillsdale neighborhood. Three adjacent duplexes also for sale. All 4 properties can be bought together. Buyer to verify schools, utilities, zoning, etc. Short sale. Owner is licensed real estate agent in Oregon.

Last Agent to Sell the Property

Dominic Hernandez

eXp Realty, LLC License #200403096 Listed on: 09/06/2011

eXp Realty, LLC

Last Buyer's Agent

Cameron Irtifa

Rent Portland Homes Professionals License #200412234

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1973

Lot Details

  • Sloped Lot

Parking

  • Paved Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space
  • Range

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R539683

Community Details

Overview

  • 2 Units
  • Property managed by Dick

Building Details

  • Operating Expense $3,980
  • Gross Income $17,520
  • Net Operating Income $14,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,454

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1973
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Sloped

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Management Name: Dick
  • Management Phone: 503-701-6589

Lot Info

  • Zoning: R1
  • Parcel #: R539683

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 9.7
  • Annual Gross Income: 17520.0
  • Property Net Operating Income: 14920.0
  • Annual Operating Expense: 3980.0

Tax Info

  • Tax Annual Amount: 2453.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2018
Sold by
Amos Leanne E
Bought by
1936 Sw Nebraska Llc
Current Estimated Value
$522,775

Purchase Details

Closed on
Feb 1, 2012
Sold by
Rust Adam
Bought by
Amos Leanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2006
Sold by
Cunningham Cory
Bought by
Rust Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
6.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 3, 2003
Sold by
Ritchie Bruce E
Bought by
Gearhart Land & Trust Co Llc
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
1936 Sw Nebraska Llc -- None Available
Amos Leanne E $170,000 Wfg Title
Rust Adam $322,000 First American Title Insuran
Gearhart Land & Trust Co Llc -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amos Leanne E $119,000
Previous Owner Rust Adam $64,400
Previous Owner Rust Adam $241,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2012 04/03/12 Sold $170,000 0.0% $109 / Sq Ft
09/27/2011 09/27/11 Pending -- -- --
08/31/2011 08/31/11 For Sale $170,000 -- $109 / 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 $4,388 $165,750 $0 $0
2022 $4,293 $160,930 $0 $0
2021 $4,221 $156,250 $0 $0
2020 $3,872 $151,700 $0 $0
2019 $3,730 $147,290 $0 $0
2018 $3,620 $143,000 $0 $0
2017 $3,469 $138,840 $0 $0
2016 $3,175 $134,800 $0 $0
2015 $3,092 $130,880 $0 $0
2014 $3,045 $127,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dominic Hernandez

    Seller's Agent in 2012

    Dominic Hernandez

    eXp Realty, LLC

    (971) 533-9182

    66 Total Sales

    Section Image

  • C

    Buyer's Agent in 2012

    Cameron Irtifa

    Rent Portland Homes Professionals

    (503) 646-9664

    5 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11612376

Regional Multiple Listing Service (RMLS)

APN: R539683

Oregon Multnomah County Portland 97239 Hillsdale

1946 SW Nebraska St Unit 1948, Portland, OR

This home is located at 1946 SW Nebraska St Unit 1948, Portland, OR 97239 since 06 September 2011 and is currently estimated at $553,616, approximately $354 per square foot. This property was built in 1973. 1946 SW Nebraska St Unit 1948 is a home located in Multnomah County with nearby schools including Rieke Elementary School, Robert Gray Middle School, and Ida B. Wells-Barnett 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.

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