NOT LISTED FOR SALE

4023 SE 118th Place Unit 4025 Portland, OR 97266

Powellhurst-Gilbert Neighborhood

Estimated Value: $442,723 - $489,000

4 Beds
2 Baths
1,612 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 11, 2012

Last sale price $161,000 $100 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $2,842/month

66 Days on Market

Highlights

  • Cul-De-Sac
  • Storage
  • Washer and Dryer
  • Fireplace
  • Landscaped with Trees
  • Level Lot

About This Home

As of April 2012

Great rental opportunity! Cozy location among tall trees on large lot with off street parking. Each unit includes washer & dryer & fireplace. Kitchens feature built-in desks and sliders to private, fenced patios with locked storage. Back unit fully remodeled with new carpet, flooring, stove, dishwasher & slider.

Last Agent to Sell the Property

Sally Mehalovich

Residential Realty Northwest License #200705203 Listed on: 01/02/2012

Residential Realty Northwest

Co-Listed By

Susan Maag

RE/MAX Advantage Group License #200312050

Last Buyer's Agent

Tyler King

Windermere Realty Trust License #201106119

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,956

Year Built

  • Built in 1981

Lot Details

  • Cul-De-Sac
  • Level Lot
  • Landscaped with Trees

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Storage
  • Washer and Dryer
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Call Listing Agents

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,956

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 4
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security Or Entry: Sidewalk
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Management Name: Call Listing Agents
  • Common Amenities: Commons
  • Unit Features: Dishwasher, Fireplace, Storage, Washer/Dryer

Schools

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

Lot Info

  • Lot Description: Cul-de-sac, Level, Trees
  • Zoning: R2a

Tax Info

  • Tax Amount: 2445.78
  • Assessor Parcel Number: R126094

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 9.38

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
Guelker Nickolas and Hernandez Nanci Lopez
Current Estimated Value
$459,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,815
Outstanding Balance
$376,441
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$82,990

Purchase Details

Closed on
Dec 23, 2019
Sold by
Donaghey Arthur
Bought by
Late Bloomers Harris Street Property Llc

Purchase Details

Closed on
Nov 18, 2019
Sold by
Late Bloomers Harris Street Property Llc
Bought by
Donaghey Arthur

Purchase Details

Closed on
Mar 25, 2015
Sold by
Thompson Dona L
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
$186,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2012
Closed on
Apr 4, 2012
Sold by
Edwards Alan T
Bought by
Thompson Dona L and Thompson Gary K
Seller's Agent
Sally Mehalovich
Residential Realty Northwest
Buyer's Agent
Tyler King
Windermere Realty Trust
List Price
$174,900
Sold Price
$161,000
Premium/Discount to List
-$13,900
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$120,750
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2007
Sold by
Strauss Sylvia F
Bought by
Strauss Sylvia Fibish and Ermlich Fred

Purchase Details

Closed on
Nov 10, 2003
Sold by
Mitchell Equities Llc
Bought by
Strauss Sylvia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2003
Sold by
Mitchell Nancy A
Bought by
Mitchell Duplexes Llc

Purchase Details

Closed on
May 21, 1999
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
Guelker Nickolas $425,000 First American Title
Late Bloomers Harris Street Property Llc -- Accommodation
Donaghey Arthur -- Accommodation
Late Bloomers Harris Street Property Llc $207,500 First American
Thompson Dona L $161,000 Wfg Title
Strauss Sylvia Fibish -- None Available
Strauss Sylvia F $159,500 Pacific Nw Title
Mitchell Duplexes Llc -- --
Mitchell Duplexes Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guelker Nickolas $410,815
Previous Owner Late Bloomers Harris Street Property Llc $186,500
Previous Owner Thompson Dona L $120,750
Previous Owner Strauss Sylvia F $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2012 04/11/12 Sold $161,000 -7.9% $100 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $174,900 -- $108 / 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 $4,956 $207,760 -- --
2023 $4,956 $201,710 $0 $0
2022 $4,494 $195,840 $0 $0
2021 $4,420 $190,140 $0 $0
2020 $4,004 $184,610 $0 $0
2019 $3,877 $179,240 $0 $0
2018 $3,758 $174,020 $0 $0
2017 $3,619 $168,960 $0 $0
2016 $3,524 $164,040 $0 $0
2015 $3,325 $159,270 $0 $0
2014 $3,311 $154,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sally Mehalovich

    Seller's Agent in 2012

    Sally Mehalovich

    Residential Realty Northwest

    (503) 781-7575

    1 in this area

    73 Total Sales

    Sally Mehalovich
    Section Image
  • Susan Maag

    Seller Co-Listing Agent in 2012

    Susan Maag

    RE/MAX

    (503) 309-7327

    1 in this area

    72 Total Sales

    Susan Maag
    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: 12329143

Regional Multiple Listing Service (RMLS)

APN: R126094

Oregon Multnomah County Portland 97266 Powellhurst-Gilbert

4023 SE 118th Place Unit 4025, Portland, OR

This home is located at 4023 SE 118th Place Unit 4025, Portland, OR 97266 since 02 January 2012 and is currently estimated at $459,431, approximately $285 per square foot. This property was built in 1981. 4023 SE 118th Place Unit 4025 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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