NOT LISTED FOR SALE

3118 SE 136th Ave Unit 3122 Portland, OR 97236

Powellhurst-Gilbert Neighborhood

Estimated Value: $592,000 - $650,000

7 Beds
4 Baths
2,656 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $629,900 $237 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,817/month

About This Home

As of August 2021

Excellent investment opportunity in SE PDX! This fully rented triplex has been recently remodeled with each unit boasting features such as storage sheds, yard, parking spaces, and washer/dryer. Great property to add to your portfolio, with potential to increase rent to current market values. New floors, paint, and asphalt just to name a few. Newer roof recently serviced. Please write offers subject to interior inspection. Do not disturb tenants.

Last Agent to Sell the Property

Richard Brazovan

MORE Realty License #201223868 Listed on: 07/05/2021

MORE Realty

Last Buyer's Agent

Mark Meek

Avid Real Estate Executives LLC License #950600045

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,195

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 0.25

Home Design

  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Parking

  • Paved Parking
  • Assigned Parking

Utilities

  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,195

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2656
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Updated/Remodeled
  • Remarks Public: Excellent investment opportunity in SE PDX! This fully rented triplex has been recently remodeled with each unit boasting features such as storage sheds, yard, parking spaces, and washer/dryer. Great property to add to your portfolio, with potential to increase rent to current market values. New floors, paint, and asphalt just to name a few. Newer roof recently serviced. Please write offers subject to interior inspection. Do not disturb tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 11 1S 2E, TL 600 0.25 ACRES
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Concrete, Paved

Garage/Parking

  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: Sidewalk

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Schools

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

Lot Info

  • Zoning: R5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 5004.88
  • Assessor Parcel Number: R334345
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.63

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Aug 20, 2021
Sold by
Alexander Stanisel
Bought by
Carty Martin
Seller's Agent
Richard Brazovan
MORE Realty
Buyer's Agent
Mark Meek
Avid Real Estate Executives LLC
List Price
$629,900
Sold Price
$629,900
Current Estimated Value
$622,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,319
Avg. Annual Appreciation
-0.75%
Original Mortgage
$472,425
Outstanding Balance
$429,872
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$180,926

Purchase Details

Listed on
Feb 21, 2019
Closed on
Mar 25, 2019
Sold by
Maxson Derek and Maxson Christy
Bought by
Stanisel Alexander
Seller's Agent
Benjamin Ficker
Keller Williams Sunset Corridor
Buyer's Agent
Alex Ianos
Ianos Realty
List Price
$445,000
Sold Price
$425,000
Premium/Discount to List
-$20,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.74%
Original Mortgage
$318,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2012
Closed on
Feb 1, 2013
Sold by
Wonser Dann
Bought by
Maxson Derek and Maxson Christy
Seller's Agent
Miklosch Sander
Flat Fee Realty, LLC
Buyer's Agent
Ellen Bick
CORE, Realtors
List Price
$315,000
Sold Price
$285,000
Premium/Discount to List
-$30,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$213,750
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Kurtz Pauline M
Bought by
Wonser Dann and Derenne Genevieve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,375
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 14, 1995
Sold by
Harry Daniel W
Bought by
Kurtz Pauline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
7.71%
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
Carty Martin $629,900 Old Republic Title
Stanisel Alexander $425,000 Ticor Title
Maxson Derek $285,000 Fidelity Natl Title Co Of Or
Wonser Dann $260,500 Chicago Title Insurance Co
Kurtz Pauline M $164,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carty Martin $472,425
Previous Owner Stanisel Alexander $318,750
Previous Owner Maxson Derek $213,750
Previous Owner Wonser Dann $195,375
Previous Owner Kurtz Pauline M $131,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $629,900 0.0% $237 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $629,900 +48.2% $237 / Sq Ft
03/29/2019 03/29/19 Sold $425,000 -4.5% $160 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $445,000 +56.1% $168 / Sq Ft
02/06/2013 02/06/13 Sold $285,000 -9.5% $107 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $315,000 -- $119 / 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 $6,195 $259,670 -- --
2023 $5,926 $252,110 $0 $0
2022 $5,617 $244,770 $0 $0
2021 $5,525 $237,650 $0 $0
2020 $5,005 $230,730 $0 $0
2019 $4,845 $224,010 $0 $0
2018 $4,696 $217,490 $0 $0
2017 $4,523 $211,160 $0 $0
2016 $4,404 $205,010 $0 $0
2015 $4,298 $199,040 $0 $0
2014 $4,117 $193,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Brazovan

    Seller's Agent in 2021

    Richard Brazovan

    MORE Realty

    (503) 353-6673

    1 in this area

    36 Total Sales

    Richard Brazovan
    Section Image
  • Mark Meek

    Buyer's Agent in 2021

    Mark Meek

    Avid Real Estate Executives LLC

    (503) 320-6148

    1 in this area

    48 Total Sales

    Mark Meek
    Section Image
  • Benjamin Ficker

    Seller's Agent in 2019

    Benjamin Ficker

    Keller Williams Sunset Corridor

    (971) 235-9561

    2 in this area

    55 Total Sales

    Benjamin Ficker
    Section Image
  • Alex Ianos

    Buyer's Agent in 2019

    Alex Ianos

    Ianos Realty

    (503) 408-9100

    29 Total Sales

    Alex Ianos
    Section Image

  • M

    Seller's Agent in 2013

    Miklosch Sander

    Flat Fee Realty, LLC

    Section Image

  • E

    Buyer's Agent in 2013

    Ellen Bick

    CORE, Realtors

    (503) 481-0825

    31 Total Sales

    Ellen Bick
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21481670

Regional Multiple Listing Service (RMLS)

APN: R334345

Oregon Multnomah County Portland 97236 Powellhurst-Gilbert

3118 SE 136th Ave Unit 3122, Portland, OR

This home is located at 3118 SE 136th Ave Unit 3122, Portland, OR 97236 since 05 July 2021 and is currently estimated at $622,581, approximately $234 per square foot. This property was built in 1977. 3118 SE 136th Ave Unit 3122 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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