NOT LISTED FOR SALE

3118 SW Fairmount Blvd Portland, OR 97239

Hillsdale Neighborhood

Estimated Value: $1,228,000 - $2,693,367

4 Beds
3.5 Baths
4,418 Sq Ft
$480/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $2,900,000 $656 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $14,064/month

75 Days on Market

Highlights

  • River View
  • Heated Floors
  • Midcentury Modern Architecture
  • Rieke Elementary School Rated A-
  • 0.8 Acre Lot
  • Maid or Guest Quarters

About This Home

As of May 2024

A rare opportunity. First time on the market in nearly 50 years. This stunning one of a kind property in Hessler Hills with the best views in Portland, was built in 1956 by architect Herman Brookman. The home captures the timeless feeling of a Mid-Century Modern masterpiece. The house is situated on the site to capture the stunning views of seven mountains and the Willamette and Columbia Rivers. Immaculately updated and refreshed by architect Dennis Batke and designer Karol Neimi. The current owners took care to keep the home's integrity. Natural light floods the living room, dining room and kitchen. Take in the views from the sunken living room with its exquisite original fireplace surrounded by built-ins. The formal dining room has space for large gatherings and easy access to the nearly 1 acre of private, beautifully hardscaped and landscaped grounds by landscape architect Craig Kiest. The chef's kitchen offers a marvelous place to cook and has been tastefully updated. Primary suite wing has an intimate courtyard, walk-in closet and en-suite all with custom built zebra wood cabinets and storage. This wing also has a private office with built-ins and views. Lower level backyard has newly plastered and tiled in-ground pool with spectacular views and new patio decking. You will never have to leave, or you can be downtown in 10 minutes! [Home Energy Score = 2. HES Report at ]

Last Agent to Sell the Property

Craig Weintz

Vetiver Street Real Estate License #201212171 Listed on: 01/06/2024

Last Buyer's Agent

Kathleen O'Donnell

ODonnell Group Realty License #200502109

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,006

Year Built

  • Built in 1956

Lot Details

  • 0.8 Acre Lot
  • Fenced
  • Terraced Lot
  • Sprinkler System
  • Private Yard
  • Garden
  • Raised Garden Beds

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Controlled Entrance

Property Views

  • River
  • City
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Shake Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 4,418 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Finished Basement
  • Basement Storage
  • Security Lights

Kitchen

  • Built-In Double Oven
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Heated Floors
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors
  • Level Entry For Accessibility
  • Minimal Steps
  • Accessible Parking

Eco-Friendly Details

  • Green Certified Home

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Rieke Elementary School
  • Robert Gray Middle School
  • Ida B Wells High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R179356

Community Details

Overview

  • Hessler Hills Development Assoc. Association, Phone Number (202) 503-7798

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,006

Year Built

Built in 1956

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1956
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: MidCenturyModern, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: BuiltinFeatures,CookIsland,EatBar,EatingArea,GasAppliances,HardwoodFloors,InstantHotWater,Pantry,Patio
  • Room 12 Features: Bookcases,Fireplace,HardwoodFloors,Patio
  • Room 13 Features: Bathroom,HardwoodFloors,Patio
  • Room 7 Features: ClosetOrganizer,HardwoodFloors
  • Room 8 Features: ClosetOrganizer,HardwoodFloors
  • Room 9 Features: BuiltinFeatures,Patio
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleDoors, AccessibleFullBath, AccessibleHallway, CaregiverQuarters, GarageonMain, GroundLevel, MinimalSteps, OneLevel, Parking, WalkinShower
  • Total Bathrooms: 3.1
  • Fireplaces: 2
  • Interior Amenities: GarageDoorOpener, HardwoodFloors, HeatedTileFloor, Laundry, Quartz, SlateFlooring, SoakingTub, TileFloor, WasherDryer
  • Room 4 Description: _4thBedroom
  • Room 4 Features: HardwoodFloors
  • Room 4 Level: Main
  • Room 5 Description: Den
  • Room 5 Features: Bookcases,BuiltinFeatures,HardwoodFloors
  • Room 5 Level: Main
  • Room 6 Description: Laundry
  • Room 6 Features: BuiltinFeatures,HardwoodFloors
  • Room 6 Level: Main
  • Basement: Finished, StorageSpace
  • Window Features: DoublePaneWindows
  • Appliances: BuiltinOven, Dishwasher, Disposal, DoubleOven, FreeStandingGasRange, GasAppliances, InstantHotWater, Island, Pantry, Quartz, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, WoodBurning
  • Fireplace: Yes
  • Association Contact: Taunja Berquam
  • Main Level Full Bathrooms: 3
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 3.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt20000toAcres1
  • Other Room10 Area: 340
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 108
  • Fifth Bedroom Area: 221
  • Bedroom 6 Area: 112
  • Bedroom 7 Area: 132
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 132
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 187
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar
  • Exterior Features: Deck, Fenced, Garden, GasHookup, Patio, Porch, RaisedBeds, SecurityLights, Sprinkler, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Private, Terraced
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Shake
  • View: City,Mountain,River

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: Entry
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir, ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: TennisCourt
  • Senior Community: No
  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association Name: Hessler Hills Development Assoc.
  • Phone: 202-503-7798
  • Association: Yes
  • Association Email: NONE

Association/Amenities

  • AssociationAddress: 1312 SW Hessler Dr
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Rieke
  • High School: Ida B Wells
  • Middle Or Junior School: Robert Gray

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.8
  • Lot Size Sq Ft: 34848.0
  • Parcel #: R179356

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 30006.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Morton H Zalutsky Revocable Trust and Zalutsky Morton H
Bought by
Souede Benjamin Nessim
Current Estimated Value
$2,119,789

Purchase Details

Listed on
Jan 6, 2024
Closed on
May 28, 2024
Sold by
Morton H Zalutsky Revocable Trust and Zalutsky Morton H
Bought by
Souede Benjamin Nessim
Seller's Agent
Craig Weintz
Vetiver Street Real Estate
Buyer's Agent
Kathleen O'Donnell
ODonnell Group Realty
List Price
$3,450,000
Sold Price
$2,900,000
Premium/Discount to List
-$550,000
-15.94%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.14%

Purchase Details

Closed on
Jan 2, 2024
Sold by
Morton & Audrey Zalutsky Revocable Trust
Bought by
Morton H Zalutsky Revocable Trust and Zalutsky

Purchase Details

Closed on
Jun 21, 2018
Sold by
Morton And Audry Zalutsky Revocable Trus
Bought by
Zalutsky Morton G and Zalutsky Audrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2008
Sold by
Zalutsky Morton H
Bought by
Zalutsky Morton H and Zalutsky Audrey E
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
Souede Benjamin Nessim -- Wfg Title
Souede Benjamin Nessim $2,900,000 Wfg Title
Souede Benjamin Nessim $2,900,000 Wfg Title
Morton H Zalutsky Revocable Trust -- None Listed On Document
Zalutsky Morton G -- Servicelink
Zalutsky Morton H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zalutsky Morton H $1,375,000
Previous Owner Zaluteky Morton H $131,500
Previous Owner Zalutsky Morton H $1,225,000
Previous Owner Zalutsky Morton G $50,000
Previous Owner Zalutsky Morton H $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $2,900,000 0.0% $656 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $2,900,000 -15.9% $656 / Sq Ft
01/06/2024 01/06/24 For Sale $3,450,000 -- $781 / 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 $31,026 $1,167,430 -- --
2023 $30,006 $1,133,430 $0 $0
2022 $29,356 $1,100,420 $0 $0
2021 $28,428 $1,068,370 $0 $0
2020 $25,318 $1,037,260 $0 $0
2019 $25,499 $1,007,055 $0 $0
2018 $24,539 $969,400 $0 $0
2017 $23,518 $941,170 $0 $0
2016 $21,332 $913,760 $0 $0
2015 $20,688 $887,150 $0 $0
2014 $18,955 $861,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24137973

Regional Multiple Listing Service (RMLS)

APN: R179356