NOT LISTED FOR SALE

4009 SE 118th Place Unit 4011 Portland, OR 97266

Powellhurst-Gilbert Neighborhood

Estimated Value: $451,000 - $492,000

2 Beds
1 Bath
1,612 Sq Ft
$287/Sq Ft Est. Value

Last Sold April 10, 2012

Last sale price $183,000 $114 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,872/month

10 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • 1-Story Property
  • Fireplace
  • Level Lot

About This Home

As of April 2012

Both units recently totally remodeled! Quiet Park like setting tucked away from the street. Cozy fireplace, back patio for grilling and a 5x8 enclosed storage unit with electricity. Fantastic investment opportunity!

Last Agent to Sell the Property

Loree Kaiser

Better Homes & Gardens Realty License #200508266 Listed on: 03/05/2012

Better Homes & Gardens Realty

Last Buyer's Agent

Tyler King

Windermere Realty Trust License #201106119

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 1981

Lot Details

  • 9,235

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Storage
  • Wood Flooring
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,165

Year Built

Built in 1981

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1612
  • Stories: 1
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: CAMPAU SQUARE, BLOCK 1, LOT 5
  • Storage: Attached, Locked

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Hardwood Floors, Storage

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: MR4

Tax Info

  • Tax Amount: 2928.17
  • Assessor Parcel Number: R126095

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.38

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Late Bloomers-Harris Street Property Llc
Bought by
Hernandez Stephen Kaplan
Current Estimated Value
$461,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,250
Outstanding Balance
$331,023
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$130,877

Purchase Details

Closed on
Sep 10, 2021
Sold by
Late Bloomers Harris Street Property Llc
Bought by
Kaplan Stephen and Hernandez Nanci Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,250
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2019
Sold by
Late Bloomers Harris Street Property Llc
Bought by
Donaghey Arthur

Purchase Details

Closed on
Mar 25, 2015
Sold by
Thompson Gary K
Bought by
Late Bloomers Harris Street Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,625
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2012
Closed on
Apr 9, 2012
Sold by
Todd Sean D
Bought by
Thompson Gary K and Thompson Dona L
Seller's Agent
Loree Kaiser
Better Homes & Gardens Realty
Buyer's Agent
Tyler King
Windermere Realty Trust
List Price
$190,000
Sold Price
$183,000
Premium/Discount to List
-$7,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$137,250
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Higgins Clare
Bought by
Smith Molly C and Todd Sean D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 20, 2003
Sold by
Mitchell Equities Llc
Bought by
Higgins Clare M and Dennis Edwin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2003
Sold by
Mitchell Nancy A
Bought by
Mitchell Duplexes Llc
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
Hernandez Stephen Kaplan $425,000 First American Title
Kaplan Stephen $425,000 First American
Donaghey Arthur -- Accommodation
Late Bloomers Harris Street Property Llc $207,500 First American
Thompson Gary K $183,000 Fidelity Natl Title Co Of Or
Smith Molly C $230,000 Lawyers Title Ins
Higgins Clare M $160,000 Fidelity Natl Title Co Of Or
Mitchell Duplexes Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Stephen Kaplan $361,250
Previous Owner Kaplan Stephen $361,250
Previous Owner Late Bloomers Harris Street Property Llc $155,625
Previous Owner Thompson Gary K $137,250
Previous Owner Smith Molly C $184,000
Previous Owner Higgins Clare M $128,000
Closed Higgins Clare M $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2012 04/10/12 Sold $183,000 -3.7% $114 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $190,000 -- $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
2024 $5,165 $216,490 -- --
2023 $5,165 $210,190 $0 $0
2022 $4,683 $204,070 $0 $0
2021 $4,606 $198,130 $0 $0
2020 $4,173 $192,360 $0 $0
2019 $4,040 $186,760 $0 $0
2018 $3,916 $181,330 $0 $0
2017 $3,771 $176,050 $0 $0
2016 $3,672 $170,930 $0 $0
2015 $3,414 $165,960 $0 $0
2014 $3,475 $161,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Loree Kaiser

    Seller's Agent in 2012

    Loree Kaiser

    Better Homes & Gardens Realty

    (503) 860-2528

    49 Total Sales

    Loree Kaiser
    Section Image
  • Tyler King

    Buyer's Agent in 2012

    Tyler King

    Windermere Realty Trust

    (503) 735-5868

    1 in this area

    102 Total Sales

    Tyler King
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12188602

Regional Multiple Listing Service (RMLS)

APN: R126095

Oregon Multnomah County Portland 97266 Powellhurst-Gilbert

4009 SE 118th Place Unit 4011, Portland, OR

This home is located at 4009 SE 118th Place Unit 4011, Portland, OR 97266 since 05 March 2012 and is currently estimated at $461,900, approximately $286 per square foot. This property was built in 1981. 4009 SE 118th Place Unit 4011 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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