NOT LISTED FOR SALE

3540 SE 119th Ave Portland, OR 97266

Powellhurst-Gilbert Neighborhood

Estimated Value: $582,000 - $1,207,000

2 Beds
2 Baths
5,400 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $1,150,000 $213 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,632/month

11 Days on Market

About This Home

As of May 2022

The 2006 year-built property features two-bedroom, one and a half bath townhouse style units that include washers and dryers, quality flooring and dishwashers. Each unit has a storage unit located in a separate building on the east side of the property. All the units have been recently turned and have a utility charge in addition to the rent.

Last Agent to Sell the Property

Bernard Gehret

Joseph Bernard LLC License #200009029 Listed on: 03/07/2022

Joseph Bernard LLC

Last Buyer's Agent

Jessica Corcoran

ELEETE Real Estate License #201212711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,075

Year Built

  • Built in 2006

Lot Details

  • 5,837

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer
  • Dishwasher

Community Details

  • 6 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,075

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5400
  • Stories: 2
  • Year Built: 2006
  • Property Condition: Existing
  • Remarks Public: The 2006 year-built property features two-bedroom, one and a half bath townhouse style units that include washers and dryers, quality flooring and dishwashers. Each unit has a storage unit located in a separate building on the east side of the property. All the units have been recently turned and have a utility charge in addition to the rent.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SUBURBAN HMS CLUB TR, BLOCK B, N 36' OF S 230.3' OF E 72' OF LOT
  • Storage: Individual Storage Units

Exterior Features

  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Washer/Dryer

Schools

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

Lot Info

  • Zoning: R1

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 10563.07
  • Assessor Parcel Number: R278076
  • Tax Year: 2021

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 11.42

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
Mar 7, 2022
Closed on
May 26, 2022
Sold by
Patna Properties Llc
Bought by
Celtic Living Llc
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Jessica Corcoran
ELEETE Real Estate
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%
Current Estimated Value
$1,017,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$132,863
Avg. Annual Appreciation
-5.76%
Original Mortgage
$840,000
Outstanding Balance
$637,442
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$311,412

Purchase Details

Closed on
Oct 11, 2011
Sold by
Vo Long
Bought by
Patna Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2011
Sold by
Wakeman Jan
Bought by
Pruitt Ruth

Purchase Details

Closed on
May 9, 2005
Sold by
V W Construction Inc
Bought by
Vo Long and Wakeman Jay
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
Celtic Living Llc $1,150,000 Old Republic Title
Patna Properties Llc $450,000 Wfg Title
Pruitt Ruth -- None Available
Vo Long -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celtic Living Llc $840,000
Previous Owner Patna Properties Llc $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $1,150,000 +4.5% $213 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $1,100,000 0.0% $204 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $1,100,000 -- $204 / 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 $13,075 $548,060 -- --
2023 $12,506 $532,100 $0 $0
2022 $11,797 $516,610 $0 $0
2021 $11,501 $501,570 $0 $0
2020 $10,563 $486,970 $0 $0
2019 $10,226 $472,790 $0 $0
2018 $9,912 $459,020 $0 $0
2017 $8,775 $445,660 $0 $0
2016 $8,221 $432,680 $0 $0
2015 $7,735 $420,080 $0 $0
2014 $7,416 $407,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bernard Gehret

    Joseph Bernard LLC

    Section Image
  • Jessica Corcoran

    Buyer's Agent in 2022

    Jessica Corcoran

    ELEETE Real Estate

    (503) 953-3947

    1 in this area

    121 Total Sales

    Jessica Corcoran
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22625816

Regional Multiple Listing Service (RMLS)

APN: R278076

Oregon Multnomah County Portland 97266 Powellhurst-Gilbert

3540 SE 119th Ave, Portland, OR

This home is located at 3540 SE 119th Ave, Portland, OR 97266 since 07 March 2022 and is currently estimated at $1,017,137, approximately $188 per square foot. This property was built in 2006. 3540 SE 119th Ave is a home located in Multnomah County with nearby schools including West Powellhurst Elementary School, Ron Russell Middle School, and David Douglas High School.

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