NOT LISTED FOR SALE

506 508 NE Monroe St Portland, OR 97212

Estimated Value: $600,000 - $1,106,637

5 Beds
2 Baths
2,339 Sq Ft
$325/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $294,700 $126 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $4,370/month

209 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 2-minute walk to Irving Park

About This Home

As of May 2024

AUCTION REO- REO Occupied - the seller does not represent or guarantee occupancy status. NO VIEWINGS of this property. Please DO NOT DISTURB the occupant. "As is" CASH only sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing. This affordable duplex offers the option for as an income property; or convert and make this your own. Home features a total of 5 bedrooms, 2 baths, front porch, patio; and sits on a fenced yard. Property is sold as-is with no property disclosure or interior photos. Buyer must complete any due diligence before placing an offer.

Last Agent to Sell the Property

Andrea Butcher

REALHome Services & Solutions, Inc License #201222929 Listed on: 09/20/2023

Last Buyer's Agent

Adriana Murillo

Keller Williams Sunset Corridor License #201209037

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1909

Lot Details

  • 6,273

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,339 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Boise-Eliot Elementary School
  • Beaumont Middle School
  • Grant High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R102033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,909

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1909
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Other,VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Roof: Shingle

Garage/Parking

  • Parking Description: None
  • Attached Garage: No

Utilities

  • Fuel Description: Oil
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Boise-Eliot
  • High School: Grant
  • Middle Or Junior School: Beaumont

Lot Info

  • Zoning: residen
  • Parcel #: R102033

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 1909.24

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Apr 30, 2024
Sold by
Gsamp Trust and Us Bank Trust Na
Bought by
Vazquez Teresa Barron
Seller's Agent
Andrea Butcher
REALHome Services & Solutions, Inc
Buyer's Agent
Adriana Murillo
Keller Williams Sunset Corridor
List Price
$294,700
Sold Price
$294,700
Views
52
Current Estimated Value
$760,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,959
Avg. Annual Appreciation
79.08%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vazquez Teresa Barron $294,700 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lavine Emma J $208,650
Previous Owner Lavine Emma J $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $294,700 0.0% $126 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
09/20/2023 09/20/23 For Sale $294,700 -- $126 / 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 $2,712 $101,370 -- --
2023 $2,608 $98,420 $0 $0
2022 $1,909 $71,500 $0 $0
2021 $1,877 $92,780 $0 $0
2020 $1,722 $90,080 $0 $0
2019 $1,659 $87,460 $0 $0
2018 $1,610 $84,920 $0 $0
2017 $1,543 $82,450 $0 $0
2016 $1,412 $59,890 $0 $0
2015 $1,375 $58,150 $0 $0
2014 $1,354 $56,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Butcher

    Seller's Agent in 2024

    Andrea Butcher

    REALHome Services & Solutions, Inc

    (770) 612-7251

    175 Total Sales

    Andrea Butcher
    Section Image
  • Adriana Murillo

    Buyer's Agent in 2024

    Adriana Murillo

    Keller Williams Sunset Corridor

    (503) 964-9764

    129 Total Sales

    Adriana Murillo
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23581430

Regional Multiple Listing Service (RMLS)

APN: R102033

Oregon Multnomah County Portland 97212

506 508 NE Monroe St, Portland, OR

This home is located at 506 508 NE Monroe St, Portland, OR 97212 since 20 September 2023 and is currently estimated at $760,659, approximately $325 per square foot. This property was built in 1909. 506 508 NE Monroe St is a home located in Multnomah County with nearby schools including Boise-Eliot Elementary School, Harriet Tubman Middle School, and Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes