NOT LISTED FOR SALE

4130 N Willis Blvd Unit 4136 Portland, OR 97203

Portsmouth Neighborhood

Estimated Value: $448,000 - $517,000

2 Beds
2 Baths
1,804 Sq Ft
$267/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $319,000 $177 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,853/month

111 Days on Market

Highlights

  • Corner Lot
  • Property is near a bus stop
  • Wood Siding
  • Astor Elementary School Rated 9+
  • Washer and Dryer
  • 1-Story Property

About This Home

As of January 2016

Great Location. Scores: Walk 53 Bike 73. Bus & Parks nearby. Refinished Hdwd Floors, Newer Vinyl Windows, Updated Kit & Baths, circuit breakers & elect fixtures. Bsmt 242 sq ft ea unit WA/DR & Storage. Garden area. WA/DR's and 1 stove & 1 refrig incl. Current leases exp 8/1 & 11/1/16. Please do not walk property or disturb tenants. Write offer subject to interior inspection. This is the investment property you have been waiting for.

Last Agent to Sell the Property

Lynda Huber

Equity Oregon Real Estate License #200204450 Listed on: 09/08/2015

Last Buyer's Agent

Heather Lamkins

Think Real Estate License #200605037

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,593

Year Built

  • Built in 1951

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Basement Storage
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher
  • Disposal

Location

  • Property is near a bus stop

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,593

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1804
  • Stories: 1
  • Year Built: 1951
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Partial Basement
  • Legal Description: UNIVERSITY PK, BLOCK 138, LOT 1&2 EXC S 36'
  • Storage: Basement

Exterior Features

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

Garage/Parking

  • Parking Description: Off Site

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Rosa Parks
  • Middle School: George

Lot Info

  • Lot Description: On Busline, Corner, Level
  • Zoning: R2.5

Tax Info

  • Tax Amount: 2434.94
  • Assessor Parcel Number: R292624

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 21.14

MLS Schools

  • Elementary School: Rosa Parks
  • Middle School: George

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2015
Closed on
Jan 25, 2016
Sold by
Dover Lane Llc
Bought by
Erickson Vanya and Vanya Erickson Revocable Trust
Seller's Agent
Lynda Huber
Equity Oregon Real Estate
Buyer's Agent
Heather Lamkins
Think Real Estate
List Price
$325,000
Sold Price
$319,000
Premium/Discount to List
-$6,000
-1.85%
Current Estimated Value
$481,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,586
Avg. Annual Appreciation
4.34%

Purchase Details

Closed on
Jan 23, 2015
Sold by
Hicks Scott R
Bought by
Dover Lane Llc

Purchase Details

Closed on
Aug 30, 2007
Sold by
Hermach George R
Bought by
Hicks Scott R and Hicks Marcia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2007
Sold by
Hermach George R
Bought by
Kimco Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2004
Sold by
Hermach George R
Bought by
Hermach George R and Hermach Martha Ruth
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
Erickson Vanya $319,000 Fidelity Natl Title Co Of Or
Dover Lane Llc -- None Available
Hicks Scott R $210,000 Transnation Title Agency Or
Kimco Properties Ltd $75,000 First American Title Insuran
Hermach George R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hicks Scott R $110,000
Previous Owner Kimco Properties Ltd $47,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2016 01/28/16 Sold $319,000 -1.8% $177 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $325,000 -- $180 / 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 $3,593 $134,300 -- --
2023 $3,593 $130,390 $0 $0
2022 $3,381 $126,600 $0 $0
2021 $3,323 $122,920 $0 $0
2020 $3,049 $119,340 $0 $0
2019 $2,937 $115,870 $0 $0
2018 $2,851 $112,500 $0 $0
2017 $2,732 $109,230 $0 $0
2016 $2,500 $106,050 $0 $0
2015 $2,435 $102,970 $0 $0
2014 $2,398 $99,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15535844

Regional Multiple Listing Service (RMLS)

APN: R292624