NOT LISTED FOR SALE

3241 NE 111th Dr Portland, OR 97220

Parkrose Heights Neighborhood

Estimated Value: $463,616 - $506,000

3 Beds
2.5 Baths
1,599 Sq Ft
$299/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $400,000 $250 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,928/month

8 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Private Yard
  • In-Law or Guest Suite
  • Forced Air Heating and Cooling System

About This Home

As of March 2020

2-bedroom ranch home in Parkrose Heights with a brand-new detached ADU. Perfect for additional income as rental or Air Bnb to pay for part of your mortgage.Investors--check numbers vs duplex! Hardwood floors, wood fireplace, private backyard. Quiet location with easy access to shops, restaurants & bus/rail lines of Gateway district.

Last Agent to Sell the Property

Timothy Manickam

Fathom Realty Oregon, LLC License #200502433 Listed on: 02/11/2020

Fathom Realty Oregon, LLC

Last Buyer's Agent

Alex Paiz

eXp Realty, LLC License #201228141

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,058

Year Built

  • Built in 1956

Lot Details

  • 4,791 Sq Ft Lot
  • Level Lot
  • Private Yard

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,599 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Sacramento Elementary School
  • Parkrose Middle School
  • Parkrose High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Green Certified Home
  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R236014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,058

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1956
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher,GasAppliances
  • Room 12 Features: Fireplace,HardwoodFloors
  • Room 9 Features: HardwoodFloors
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, SeparateLivingQuartersApartmentAuxLivingUnit, WalltoWallCarpet, WasherDryer, WoodFloors
  • Room 4 Description: GuestQuarters
  • Room 4 Features: Dishwasher,GasAppliances
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Appliances: Dishwasher, FreeStandingGasRange, GasAppliances
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: AuxiliaryDwellingUnit, GuestQuarters, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Sacramento
  • High School: Parkrose
  • Middle Or Junior School: Parkrose

Lot Info

  • Farm: No
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R236014

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 3057.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 19, 2020
Sold by
Gallagher Kevin J
Bought by
Holly Jordan
Seller's Agent
Timothy Manickam
Fathom Realty Oregon, LLC
Buyer's Agent
Alex Paiz
eXp Realty, LLC
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$477,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,404
Avg. Annual Appreciation
3.20%
Original Mortgage
$377,150
Outstanding Balance
$334,109
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$141,804

Purchase Details

Closed on
Jun 29, 2012
Sold by
Federal National Mortgage Association
Bought by
Gallagher Darrin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2011
Sold by
Schuman John R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 10, 2006
Sold by
Schuman Wendy A
Bought by
Schuman John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
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
Holly Jordan $400,000 Fidelity Natl Ttl Co Of Or
Gallagher Darrin J $140,000 Chicago Title Company
Federal National Mortgage Association $213,413 None Available
Schuman John R -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holly Jordan $178,500
Open Holly Jordan $377,150
Previous Owner Gallagher Darrin J $209,500
Previous Owner Gallagher Darrin J $15,000
Previous Owner Gallagher Darrin J $143,200
Previous Owner Gallagher Darrin J $126,000
Previous Owner Schuman John R $180,000
Previous Owner Schuman John R $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $400,000 0.0% $250 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $399,900 -- $250 / 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 $4,888 $216,180 -- --
2023 $4,688 $209,890 $0 $0
2022 $4,595 $203,780 $0 $0
2021 $4,518 $197,847 $0 $0
2020 $3,231 $147,960 $0 $0
2019 $3,058 $143,660 $0 $0
2018 $2,954 $139,480 $0 $0
2017 $2,847 $135,420 $0 $0
2016 $2,747 $131,480 $0 $0
2015 $2,694 $127,660 $0 $0
2014 $2,536 $123,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Manickam

    Seller's Agent in 2020

    Timothy Manickam

    Fathom Realty Oregon, LLC

    (503) 348-6045

    1 in this area

    102 Total Sales

    Timothy Manickam
    Section Image
  • Alex Paiz

    Buyer's Agent in 2020

    Alex Paiz

    eXp Realty, LLC

    (503) 413-0974

    11 Total Sales

    Alex Paiz
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20223471

Regional Multiple Listing Service (RMLS)

APN: R236014

Oregon Multnomah County Portland 97220 Parkrose Heights

3241 NE 111th Dr, Portland, OR

This home is located at 3241 NE 111th Dr, Portland, OR 97220 since 11 February 2020 and is currently estimated at $477,404, approximately $298 per square foot. This property was built in 1956. 3241 NE 111th Dr is a home located in Multnomah County with nearby schools including Sacramento Elementary School, Parkrose Middle School, and Parkrose 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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