NOT LISTED FOR SALE

4122 SE 65th Ave Unit 4128 Portland, OR 97206

Foster-Powell Neighborhood

Estimated Value: $589,000 - $808,000

3 Beds
3 Baths
2,060 Sq Ft
$350/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $580,000 $282 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,411/month

33 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • 1-Story Property
  • Arleta Elementary School Rated 9+
  • Level Lot
  • 3-minute walk to Kern Park

About This Home

As of May 2017

Solid well built brick 4 plex in one of Portland's hottest neighborhoods(Creston-Kenliworth)! Close to public transportation, shops, and restaurants. 3 of the 4 units have been remodeled. Market rents for studios approx. $800/month or perfect for owner occupy / AirBnB! Basement has individual storage & coin op laundry. Back alley access leads to paved parking. Great investment opportunity!

Last Agent to Sell the Property

Heidi Settlemier

Alameda Realty LLC License #990400029 Listed on: 03/09/2017

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,071

Year Built

  • Built in 1961

Lot Details

  • 4,008

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • 1-Story Property
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Unfinished Basement

  • Partial Basement
  • Basement Storage

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes electricity, trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,071

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2060
  • Stories: 1
  • Year Built: 1961
  • Property Condition: Approximately
  • Remarks Public: Solid well built brick 4 plex in one of Portland's hottest neighborhoods(Creston-Kenliworth)! Close to public transportation, shops, and restaurants. 3 of the 4 units have been remodeled. Market rents for studios approx. $800/month or perfect for owner occupy / AirBnB! Basement has individual storage & coin op laundry. Back alley access leads to paved parking. Great investment opportunity!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LAURELWOOD, BLOCK 4, LOT 12
  • Basement: Partial Basement, Unfinished
  • Storage: Individual Storage Units, Basement

Exterior Features

  • Exterior Description: Brick, Cedar
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Hardwood Floors, Range, Refrigerator

Lot Info

  • Lot Description: Level
  • Zoning: R5
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Electricity, Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4919.91
  • Assessor Parcel Number: R204498

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 17, 2017
Sold by
White Jodi Lee
Bought by
Campbell Philip
Seller's Agent
Heidi Settlemier
Alameda Realty LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%
Current Estimated Value
$720,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,877
Avg. Annual Appreciation
2.63%
Original Mortgage
$551,000
Outstanding Balance
$458,225
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$262,652

Purchase Details

Closed on
Sep 30, 2011
Sold by
Hefner Cordella R
Bought by
White Jodi Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,825
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2009
Sold by
Hefner Tony
Bought by
Hefner Tony and Hefner Cordella R
Source: Public Records

Range of Values:

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Average Value
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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
Campbell Philip $580,000 Lawyers
White Jodi Lee $283,000 First American
Hefner Tony -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Philip $551,000
Previous Owner White Jodi Lee $275,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2017 05/23/17 Sold $580,000 -3.2% $282 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $599,000 -- $291 / 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 $7,071 $264,300 -- --
2023 $7,071 $256,610 $0 $0
2022 $6,653 $249,140 $0 $0
2021 $6,540 $241,890 $0 $0
2020 $6,000 $234,850 $0 $0
2019 $5,779 $228,010 $0 $0
2018 $5,609 $221,370 $0 $0
2017 $5,376 $214,930 $0 $0
2016 $4,920 $208,670 $0 $0
2015 $4,568 $202,600 $0 $0
2014 $4,106 $196,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17633609

Regional Multiple Listing Service (RMLS)

APN: R204498