NOT LISTED FOR SALE

2611 SE 130th Ave Portland, OR 97236

Powellhurst-Gilbert Neighborhood

Estimated Value: $659,000 - $771,000

8 Beds
4 Baths
3,294 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $673,500 $204 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,477/month

6 Days on Market

Highlights

  • Zoned Heating
  • High Speed Internet
  • Lap Siding
  • Property is near a bus stop
  • Level Lot

About This Home

As of March 2023

PLEASE DO NOT DISTURB RENTERS, DO NOT PULL INTO PARKING LOT.Building is fully occupied, professionally managed & maintained. Many updates & improvements done. All units in good shape, 2 recently remodeled. 1 unit is leased thru 6/30/2023, other 3 are month to month. All renters pay approx. $65/month as utility fee

Last Agent to Sell the Property

Val Thorpe

Cascade Hasson Sotheby's International Realty License #920300284 Listed on: 02/08/2023

Cascade Hasson Sotheby's International Realty

Co-Listed By

Vanessa Calvert

Cascade Hasson Sotheby's International Realty License #201234784

Last Buyer's Agent

Sammi Chen

MORE Realty License #201209317

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,212

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 0.25

Parking

  • 4 Car Garage
  • Open Parking

Home Design

  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,294 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Lincoln Park Elementary School
  • Ron Russell Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Level Lot
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R334475

Community Details

Overview

  • 4 Units
  • Powellhurst Gilbert Subdivision

Building Details

  • Operating Expense $22,641
  • Gross Income $57,404
  • Net Operating Income $34,762

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,212

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1963
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding,LapSiding,T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Lincoln Park
  • High School: David Douglas
  • Middle Or Junior School: Ron Russell

Lot Info

  • Zoning: RM1
  • Parcel #: R334475

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 7211.65

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.76
  • Annual Gross Income: 57404.0
  • Property Net Operating Income: 34762.0
  • Annual Operating Expense: 22641.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 2, 2023
Sold by
Estia Llc
Bought by
Kan Grace Jian and Yan Song Feng
Seller's Agent
Val Thorpe
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Sammi Chen
MORE Realty
List Price
$675,000
Sold Price
$673,500
Premium/Discount to List
-$1,500
-0.22%
Views
10
Current Estimated Value
$717,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,885
Avg. Annual Appreciation
2.29%

Purchase Details

Closed on
Dec 2, 2014
Sold by
West Krista M
Bought by
Estia Llc

Purchase Details

Listed on
Jun 1, 2014
Closed on
Jun 28, 2014
Sold by
Tigli Mario A
Bought by
West Krista M and William E Lamvik Revocable Trust
Seller's Agent
Chris Suarez
Keller Williams Sunset Corridor
Buyer's Agent
Val Thorpe
Cascade Hasson Sotheby's International Realty
List Price
$356,900
Sold Price
$335,000
Premium/Discount to List
-$21,900
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Ladouceur Michael G
Bought by
Tigli Mario A and Tigli Billie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,100
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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
Kan Grace Jian $673,500 Fidelity National Title
Estia Llc -- None Available
West Krista M $335,000 Lawyers Title
Tigli Mario A $321,428 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tigli Mario A $257,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $673,500 -0.2% $204 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $675,000 +101.5% $205 / Sq Ft
06/30/2014 06/30/14 Sold $335,000 -6.1% $102 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
06/01/2014 06/01/14 For Sale $356,900 -- $108 / 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 $8,087 $338,970 -- --
2023 $7,735 $329,100 $0 $0
2022 $7,332 $319,520 $0 $0
2021 $7,212 $310,220 $0 $0
2020 $6,533 $301,190 $0 $0
2019 $6,325 $292,420 $0 $0
2018 $6,131 $283,910 $0 $0
2017 $5,904 $275,650 $0 $0
2016 $5,749 $267,630 $0 $0
2015 $5,221 $259,840 $0 $0
2014 $4,468 $252,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Val Thorpe

    Seller's Agent in 2023

    Val Thorpe

    Cascade Hasson Sotheby's International Realty

    (503) 349-0908

    1 in this area

    155 Total Sales

    Val Thorpe
    Section Image
  • Vanessa Calvert

    Seller Co-Listing Agent in 2023

    Vanessa Calvert

    Cascade Hasson Sotheby's International Realty

    (503) 869-8421

    3 in this area

    148 Total Sales

    Vanessa Calvert
    Section Image
  • Sammi Chen

    Buyer's Agent in 2023

    Sammi Chen

    MORE Realty

    (360) 628-2861

    8 in this area

    103 Total Sales

    Sammi Chen
    Section Image
  • Chris Suarez

    Seller's Agent in 2014

    Chris Suarez

    Keller Williams Sunset Corridor

    (503) 546-9955

    4 in this area

    278 Total Sales

    Chris Suarez
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23147888

Regional Multiple Listing Service (RMLS)

APN: R334475

Oregon Multnomah County Portland 97236 Powellhurst-Gilbert

2611 SE 130th Ave, Portland, OR

This home is located at 2611 SE 130th Ave, Portland, OR 97236 since 08 February 2023 and is currently estimated at $717,385, approximately $217 per square foot. This property was built in 1963. 2611 SE 130th Ave is a home located in Multnomah County with nearby schools including Lincoln Park Elementary School, Ron Russell Middle School, and David Douglas High School.

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