NOT LISTED FOR SALE

3410 SE 111th Ave Unit 3416 Portland, OR 97266

Powellhurst-Gilbert Neighborhood

Estimated Value: $628,000 - $809,000

8 Beds
4 Baths
4,000 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $590,000 $148 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,319/month

5 Days on Market

Highlights

  • Fireplace
  • Garage
  • Wood Siding
  • Landscaped with Trees
  • Level Lot
  • 1-Story Property

About This Home

As of February 2021

Please do not disturb tenants or walk property. No for sale sign. Single level 4plex on large lot, development potential. Zoned RM1. Opportunity as is, room for improvement equity, or redevelop. Photos are of unit that needs rehab, other units updated already but we don't have those photos out of respect for the tenants. Rents low & could be increased. 2 units w/ attached garage, 2 detached. Fenced yards. Easy access to transit, highways, shopping, parks. Offers subject to interior inspection.

Last Agent to Sell the Property

Mark Wheeler

Roots Realty License #200010010 Listed on: 01/13/2021

Last Buyer's Agent

Lesley Yan

Georgetown Realty Inc. License #200507164

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,888

Year Built

  • Built in 1979

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Garage

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,888

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4000
  • Stories: 1
  • Year Built: 1979
  • Property Condition: Existing
  • Remarks Public: Please do not disturb tenants or walk property. No for sale sign. Single level 4plex on large lot, development potential. Zoned RM1. Opportunity as is, room for improvement equity, or redevelop. Photos are of unit that needs rehab, other units updated already but we don't have those photos out of respect for the tenants. Rents low & could be increased. 2 units w/ attached garage, 2 detached. Fenced yards. Easy access to transit, highways, shopping, parks. Offers subject to interior inspection.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MULTNOMAH BERRY RANCH, LOT 2 TL 6500
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Fireplace, Range, Refrigerator, Unfurnished, Washer/Dryer Hookup

Schools

  • Elementary School: W Powellhurst
  • Middle School: Ron Russell
  • High School: David Douglas

Lot Info

  • Lot Description: Level, Trees
  • Zoning: RM1

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 7507.00
  • Assessor Parcel Number: R223852
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.93

MLS Schools

  • Elementary School: W Powellhurst
  • High School: David Douglas
  • Middle School: Ron Russell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 11, 2021
Sold by
Sweet Alberta Investments 111Th Llc
Bought by
Xu Wen Song and Xie Zheng Yin
Seller's Agent
Mark Wheeler
Roots Realty
Buyer's Agent
Lesley Yan
Georgetown Realty Inc.
List Price
$550,000
Sold Price
$590,000
Premium/Discount to List
$40,000
7.27%
Current Estimated Value
$653,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,433

Purchase Details

Closed on
Feb 3, 2005
Sold by
Schoenfeld Steven M and Schoenfeld Karen
Bought by
Sweet Alberta Investments 111Th Llc
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
Xu Wen Song $590,000 First American Title
Sweet Alberta Investments 111Th Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $590,000 +7.3% $148 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $550,000 -- $138 / 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 $8,888 $378,160 $0 $0
2022 $8,425 $367,150 $0 $0
2021 $8,287 $356,460 $0 $0
2020 $7,507 $346,080 $0 $0
2019 $7,268 $336,000 $0 $0
2018 $7,044 $326,220 $0 $0
2017 $6,784 $316,720 $0 $0
2016 $6,605 $307,500 $0 $0
2015 $6,260 $298,550 $0 $0
2014 $5,504 $289,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Wheeler

    Seller's Agent in 2021

    Mark Wheeler

    Roots Realty

    (503) 819-5336

    1 in this area

    23 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Lesley Yan

    Georgetown Realty Inc.

    (503) 256-1112

    15 in this area

    36 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21120716

Regional Multiple Listing Service (RMLS)

APN: R223852

Oregon Multnomah County Portland 97266 Powellhurst-Gilbert

3410 SE 111th Ave Unit 3416, Portland, OR

This home is located at 3410 SE 111th Ave Unit 3416, Portland, OR 97266 since 13 January 2021 and is currently estimated at $710,694, approximately $177 per square foot. This property was built in 1979. 3410 SE 111th Ave Unit 3416 is a home located in Multnomah County with nearby schools including West Powellhurst Elementary School, Ron Russell Middle School, and David Douglas 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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