NOT LISTED FOR SALE

403 SE 88th Ave Unit 409 Portland, OR 97216

Montavilla Neighborhood

Estimated Value: $701,000 - $838,524

6 Beds
3 Baths
3,760 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $507,500 $135 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,913/month

105 Days on Market

Highlights

  • Private Lot
  • Storage
  • Lap Siding
  • Fireplace
  • Landscaped with Trees
  • 1-Story Property

About This Home

As of February 2015

Montavilla four plex and adjacent lot. Sale includes Tax lot R220831. Side by side duplexes on one lot with great layouts. Spacious, private units with w/d hookups. Exterior has new paint, gutters, downspouts. A must see.

Last Agent to Sell the Property

Michelle Maltase

M Maltase Real Estate Group License #200309223 Listed on: 07/21/2014

Last Buyer's Agent

Morgan Davis

Keller Williams PDX Central License #960500095

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,204

Year Built

  • Built in 1973

Lot Details

  • Private Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Storage

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,204

Year Built

Built in 1973

Lot Details

0

Parking

8

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3760
  • Stories: 1
  • Year Built: 1973
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: MONTICELLO ADD, BLOCK 9, LOT 22-25
  • Storage: Individual Storage Units, Locked

Exterior Features

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

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Wall Unit(s)
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Fireplace, Range, Washer/Dryer Hookup

Lot Info

  • Lot Description: On Busline, Level, Private, Trees
  • Zoning: R2.5a

Tax Info

  • Tax Amount: 6232.00
  • Assessor Parcel Number: R220832

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2017
Sold by
Ross Elizabeth H
Bought by
Strickland Kellen D
Total Days on Market
105
Current Estimated Value
$765,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,100
Outstanding Balance
$412,320
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$346,486

Purchase Details

Listed on
Jul 21, 2014
Closed on
Feb 5, 2015
Sold by
V H R Co Llc
Bought by
Strickland Kellen D and Ross Elizabeth H
Seller's Agent
Michelle Maltase
M Maltase Real Estate Group
Buyer's Agent
Morgan Davis
Keller Williams PDX Central
List Price
$520,000
Sold Price
$507,500
Premium/Discount to List
-$12,500
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$498,307
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 1997
Sold by
Baltzell Mae
Bought by
V H R Co Llc
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
Strickland Kellen D -- First American
Strickland Kellen D $507,500 Fidelity National Title
V H R Co Llc $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strickland Kellen D $489,100
Previous Owner Strickland Kellen D $498,307
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $507,500 -2.4% $135 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $520,000 -- $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 $10,204 $385,080 $0 $0
2022 $9,983 $373,870 $0 $0
2021 $9,814 $362,990 $0 $0
2020 $9,003 $352,420 $0 $0
2019 $8,672 $342,160 $0 $0
2018 $8,417 $332,200 $0 $0
2017 $8,067 $322,530 $0 $0
2016 $7,383 $313,140 $0 $0
2015 $7,189 $304,020 $0 $0
2014 $7,081 $295,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14628918

Regional Multiple Listing Service (RMLS)

APN: R220832