$245,000
SOLD DEC 19, 2013

429 NE 148th Ave Unit 433 Portland, OR 97230

Hazelwood Neighborhood
4 Beds
4 Baths
2,140 Sq Ft
4,661 Sq Ft Lot

Recently Sold

$114 Per Sq Ft

2% Below List Price

Highlights

  • Garage
  • Level Lot
  • 4-minute walk to E 148Th

About This Home

As of November 2023

Opportunity knocks! Fully rented duplex, units 429 and 433. Well-maintained near Glendoveer Golf Course, lightrail/buslines, and other amenities. Upside in rents. Long term tenants. Perfect for owner-occupied to rent one side and live in the other.

Last Agent to Sell the Property

Troy Wilkerson

The Broker Network, LLC License #200504513 Listed on: 11/17/2013

Last Buyer's Agent

Tim Horst

Summa Real Estate Group License #911200139

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,724

Year Built

  • Built in 1996

Parking

  • Garage

Home Design

  • Vinyl Siding

Kitchen

  • Range
  • Dishwasher

Additional Features

  • 2-Story Property
  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,724

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2140
  • Stories: 2
  • Year Built: 1996
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: KAROLINA ESTATES, LOT 3
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 3,000 to 4,999 SqFt

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security Or Entry: Entry

Condo/Co-op/Association

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

Lot Info

  • Lot Description: On Busline, Level, Light Rail
  • Zoning: R1

Tax Info

  • Tax Amount: 3035.21
  • Assessor Parcel Number: R194829

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2023
Closed on
Nov 9, 2023
Sold by
Mock Ricky J and Mock Tonia
Bought by
Gebremedhin Brook
Seller's Agent
Tyler Horst
Summa Real Estate Group
Buyer's Agent
Wally Tesfa
Acquire Properties
List Price
$449,900
Sold Price
$456,000
Premium/Discount to List
$6,100
1.36%
Views
32
Current Estimated Value
$497,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,805
Avg. Annual Appreciation
5.23%
Original Mortgage
$364,800
Outstanding Balance
$359,951
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$137,854

Purchase Details

Listed on
Nov 17, 2013
Closed on
Dec 18, 2013
Sold by
Willing Edward
Bought by
Mock Ricky J and Mock Tonia
Seller's Agent
Troy Wilkerson
The Broker Network, LLC
Buyer's Agent
Tim Horst
Summa Real Estate Group
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$250,267
Interest Rate
4.13%
Mortgage Type
VA

Purchase Details

Closed on
May 15, 2003
Sold by
Wilson Kenneth E
Bought by
Willing Ii Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,927
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 1996
Sold by
Skoro Ivan
Bought by
Wilson Kenneth E and Wilson Diane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $456,000 First American Title
Warranty Deed $245,000 Ticor Title Company
Warranty Deed $208,245 Western Pioneer Title Co
Individual Deed $162,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $364,800 New Conventional
Previous Owner $307,500 New Conventional
Previous Owner $250,267 VA
Previous Owner $226,560 New Conventional
Previous Owner $231,000 Unknown
Previous Owner $222,700 Fannie Mae Freddie Mac
Previous Owner $197,927 Purchase Money Mortgage
Previous Owner $102,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $456,000 +1.4% $268 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $449,900 +83.6% $265 / Sq Ft
12/19/2013 12/19/13 Sold $245,000 -1.6% $114 / Sq Ft
11/17/2013 11/17/13 Pending -- -- --
11/17/2013 11/17/13 For Sale $249,000 -- $116 / 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 $5,724 $252,870 $0 $0
2022 $5,637 $245,510 $0 $0
2021 $5,357 $238,360 $0 $0
2020 $4,892 $231,420 $0 $0
2019 $4,766 $224,680 $0 $0
2018 $4,722 $218,140 $0 $0
2017 $4,305 $211,790 $0 $0
2016 $3,940 $205,630 $0 $0
2015 $3,572 $199,650 $0 $0
2014 $3,515 $193,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Horst

    Seller's Agent in 2023

    Tyler Horst

    Summa Real Estate Group

    (503) 956-8104

    2 in this area

    131 Total Sales

    Section Image
  • Tim Horst

    Seller Co-Listing Agent in 2023

    Tim Horst

    Summa Real Estate Group

    (503) 310-4776

    1 in this area

    55 Total Sales

    Section Image
  • Wally Tesfa

    Buyer's Agent in 2023

    Wally Tesfa

    Acquire Properties

    (503) 267-7586

    11 in this area

    82 Total Sales

    Section Image
  • Troy Wilkerson

    Seller's Agent in 2013

    Troy Wilkerson

    The Broker Network, LLC

    (503) 484-7817

    6 in this area

    160 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13407400

Regional Multiple Listing Service (RMLS)

APN: R194829

Oregon Multnomah County Portland 97230 Hazelwood

429 NE 148th Ave Unit 433, Portland, OR

This home is located at 429 NE 148th Ave Unit 433, Portland, OR 97230 and is currently priced at $245,000, approximately $114 per square foot. This property was built in 1996. 429 NE 148th Ave Unit 433 is a home located in Multnomah County with nearby schools including Glenfair Elementary School, Hauton B Lee Middle School, and Reynolds High School.

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