NOT LISTED FOR SALE

528 NE 92nd Ave Unit 532 Portland, OR 97220

Hazelwood Neighborhood

Estimated Value: $442,470 - $520,000

2 Beds
2 Baths
1,600 Sq Ft
$300/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $497,500 $311 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,009/month

6 Days on Market

Highlights

  • 2 Car Attached Garage
  • Zoned Heating
  • High Speed Internet

About This Home

As of September 2023

Conveniently located duplex just north of Glisan on 92nd Avenue in the Montavilla Neighborhood. Close to 205, the Max and Mt. Tabor Park. The upper unit is 2BR/1BA, and the lower unit is 1BR/1Ba with Garage. This is a great owner occupant opportunity because a qualified owner occupant buyer may be able to assume the FHA loan at 2.625%.

Last Agent to Sell the Property

Brian Porter

Opt License #200305174 Listed on: 06/02/2023

Co-Listed By

Theresa deSousa + Brian Spear

Opt License #200312221

Last Buyer's Agent

Michael Jakola

RE/MAX Equity Group License #201206291

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,497

Year Built

  • Built in 2004

Lot Details

  • 2,352

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Cherry Park Elementary School
  • Floyd Light Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R305165

Community Details

Overview

  • 2 Units
  • Montavilla Subdivision

Building Details

  • Operating Expense $10,000
  • Gross Income $41,604
  • Net Operating Income $31,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,497

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2004
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Cherry Park
  • High School: David Douglas
  • Middle Or Junior School: Floyd Light

Lot Info

  • Zoning: RM2
  • Parcel #: R305165

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4496.98

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.27
  • Annual Gross Income: 41604.0
  • Property Net Operating Income: 31604.0
  • Annual Operating Expense: 10000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2023
Sold by
Campbell Katelyn E and Weakley John B
Bought by
Jakola Samuel B
Current Estimated Value
$480,118

Purchase Details

Listed on
Sep 17, 2020
Closed on
Nov 4, 2020
Sold by
Spencer Gary J and Martin Rosanne M
Bought by
Weakley John B and Campbell Katelyn E
Seller's Agent
Helen Hoyt
Portland Creative Realtors
Buyer's Agent
Brian Porter
Opt
List Price
$419,900
Sold Price
$419,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$412,294
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2002
Sold by
Sisul Robert A
Bought by
Sira Properties Llc
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
Jakola Samuel B $497,500 First American Title
Weakley John B $419,900 Wfg Title
Spencer Gary J -- Wfg Title
Sira Properties Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weakley John B $412,294
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $497,500 +6.1% $311 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $469,000 +11.7% $293 / Sq Ft
11/06/2020 11/06/20 Sold $419,900 0.0% $274 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $419,900 -- $274 / 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 $4,959 $207,890 -- --
2023 $4,959 $201,840 $0 $0
2022 $4,497 $195,970 $0 $0
2021 $4,423 $190,270 $0 $0
2020 $4,007 $184,730 $0 $0
2019 $3,879 $179,350 $0 $0
2018 $3,760 $174,130 $0 $0
2017 $3,621 $169,060 $0 $0
2016 $3,526 $164,140 $0 $0
2015 $3,442 $159,360 $0 $0
2014 $3,376 $154,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23529431

Regional Multiple Listing Service (RMLS)

APN: R305165