NOT LISTED FOR SALE

3526 NE 148th Ave Unit 3528 Portland, OR 97230

Wilkes Neighborhood

Estimated Value: $564,000 - $624,000

4 Beds
6 Baths
2,418 Sq Ft
$243/Sq Ft Est. Value

Last Sold January 04, 2022

Last sale price $530,000 $219 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,909/month

1 Day on Market

Highlights

  • Forced Air Heating System
  • Garage
  • Level Lot

About This Home

As of January 2022

Spacious townhouse style duplex. Each side includes 2 bedrooms with attached baths upstairs. Main floor includes large living, fireplace, dining & eat-in kitchen. 2-Car Garages and fenced yard! Great investment opportunity.

Last Agent to Sell the Property

Tyler Lankheet

Premiere Property Group, LLC License #201219324 Listed on: 11/04/2021

Premiere Property Group, LLC

Last Buyer's Agent

Michael Smira

John L. Scott Portland Central License #201206047

John L. Scott Portland Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,354

Year Built

  • Built in 1997

Lot Details

  • Level Lot

Parking

  • Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,418 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Margaret Scott Elementary School
  • H.B. Lee Middle School
  • Reynolds High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R138945

Community Details

Overview

  • 2 Units
  • Property managed by Ted

Building Details

  • Operating Expense $7,880
  • Gross Income $40,740
  • Net Operating Income $32,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,354

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1997
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Ted

Schools

  • Elementary School: Margaret Scott
  • High School: Reynolds
  • Middle Or Junior School: H.B. Lee

Lot Info

  • Zoning: Res
  • Parcel #: R138945

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 6354.03

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.89
  • Annual Gross Income: 40740.0
  • Property Net Operating Income: 32860.0
  • Annual Operating Expense: 7880.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Feb 15, 2022
Sold by
Tyson Otteson
Bought by
Otteson Shana
Seller's Agent
Tyler Lankheet
Premiere Property Group, LLC
Buyer's Agent
Michael Smira
John L. Scott Portland Central
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Total Days on Market
1
Current Estimated Value
$587,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,418
Avg. Annual Appreciation
3.06%
Original Mortgage
$408,750
Outstanding Balance
$385,296
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$202,122

Purchase Details

Listed on
Mar 22, 2017
Closed on
Apr 27, 2017
Sold by
Nguyen Thai V
Bought by
Underwood Josiah
Seller's Agent
Jeffrey Dimm
Better Homes & Gardens Realty
Buyer's Agent
Chad Meier
Living Room Realty
List Price
$369,000
Sold Price
$401,000
Premium/Discount to List
$32,000
8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$401,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Dec 2, 2004
Sold by
Nguyen Thai V
Bought by
Nguyen Thai and Chu Lehoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2003
Sold by
Antonsen Chet
Bought by
Trotter Rossignole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1998
Sold by
Pacific Western Homes Inc
Bought by
Antonsen Chet and Antonsen Floyd C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Otteson Shana $91,000 First American Title
Underwood Josiah $401,000 Chicago Title
Nguyen Thai -- --
Nguyen Thai $248,500 Lawyers Title Ins
Trotter Rossignole $229,000 Ticor Title Insurance Compan
Antonsen Chet $205,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otteson Shana $408,750
Closed Otteson Shana $408,750
Previous Owner Underwood Josiah $401,000
Previous Owner Nguyen Thai $175,500
Previous Owner Trotter Rossignole $183,200
Previous Owner Antonsen Chet $160,000
Previous Owner Antonsen Chet $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Sold $530,000 +1.0% $219 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $525,000 +30.9% $217 / Sq Ft
04/28/2017 04/28/17 Sold $401,000 +8.7% $128 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $369,000 -- $118 / 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 $7,335 $324,080 $0 $0
2022 $7,225 $314,650 $0 $0
2021 $7,131 $305,490 $0 $0
2020 $6,354 $296,600 $0 $0
2019 $6,109 $287,970 $0 $0
2018 $6,053 $279,590 $0 $0
2017 $5,598 $271,450 $0 $0
2016 $5,147 $263,550 $0 $0
2015 $4,524 $255,880 $0 $0
2014 $4,442 $248,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21399234

Regional Multiple Listing Service (RMLS)

APN: R138945