NOT LISTED FOR SALE

8106 N Interstate Ave Unit 8108 Portland, OR 97217

Kenton Neighborhood

Estimated Value: $404,000 - $635,125

4 Beds
3 Baths
3,020 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $380,000 $126 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,964/month

38 Days on Market

Highlights

  • No HOA
  • 5-minute walk to Kenton/N Denver
  • Wood Siding
  • Peninsula Elementary School Rated 9+
  • Forced Air Heating System

About This Home

As of May 2024

Investor special! Fixer duplex with commercial zoning. Lots of options. You won't find a better duplex deal! Endless options: Renovate for long term tenants. Renovate for airbnb/nightly rental use. Demo and build new (mf apartments, mixed use, etc.). Location works for a dispensary as well (if moratorium is not extended). Right on the max and very close to heart of Kenton. Income & expenses are estimated.

Last Agent to Sell the Property

Tyler Combs

Rarebird Real Estate License #201205132 Listed on: 03/20/2024

Co-Listed By

Lucas Bennett

Rarebird Real Estate License #201211389

Last Buyer's Agent

Jared Rollins

Handris Realty Co. License #201254314

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,182

Year Built

  • Built in 1908

Lot Details

  • 3,484 Sq Ft Lot

Home Design

  • Fixer Upper
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,020 Sq Ft Home
  • 3-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Schools

  • Peninsula Elementary School
  • Ockley Green Middle School
  • Roosevelt High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Kenton Subdivision

Listing and Financial Details

  • Assessor Parcel Number R160069

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,182

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1908
  • Property Condition: Fixer
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, FullBasement, Unfinished
  • Storage: Basement
  • High School2: Roosevelt
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: LightRail
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity,Tank
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Peninsula
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: CM3
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.0
  • Parcel #: R160069

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3181.94
  • Tax Opportunity Zone: No

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
May 22, 2024
Sold by
Life In The Slow Lane Llc
Bought by
8106 N Interstate Llc
Seller's Agent
Tyler Combs
Rarebird Real Estate
Buyer's Agent
Jared Rollins
Handris Realty Co.
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Views
61
Current Estimated Value
$507,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,031
Avg. Annual Appreciation
24.74%
Original Mortgage
$503,032
Outstanding Balance
$86,253
Interest Rate
6.88%
Mortgage Type
Construction
Estimated Equity
$425,906

Purchase Details

Closed on
Nov 28, 2018
Sold by
Slow Lane Llc
Bought by
Habitat For Humanity Portland Metro

Purchase Details

Closed on
Jun 19, 2018
Sold by
Interstate North Holdings Llc
Bought by
Life In The Slow Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 31, 2015
Closed on
Nov 9, 2016
Sold by
Morse Catherine A
Bought by
Interstate Orth Hoidings Llc
Seller's Agent
Gary Whitehill-Baziuk
RE/MAX Equity Group
Buyer's Agent
Greg Fox
Happy Homes Properties, Inc.
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.24%

Purchase Details

Closed on
May 16, 2012
Sold by
Morse Frank A
Bought by
Morse Frank A
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
8106 N Interstate Llc $380,000 Wfg Title
Habitat For Humanity Portland Metro -- None Available
Life In The Slow Lane Llc $495,000 First American Title Ins Co
Interstate Orth Hoidings Llc $378,000 First American
Morse Frank A -- None Available
Morse Frank A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 8106 N Interstate Llc $503,032
Previous Owner Life In The Slow Lane Llc $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $380,000 -1.3% $126 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $385,000 -65.0% $127 / Sq Ft
11/09/2016 11/09/16 Sold $1,100,000 -8.3% $528 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $1,200,000 -- $576 / 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 $3,309 $123,680 -- --
2023 $3,309 $120,080 $0 $0
2022 $3,113 $116,590 $0 $0
2021 $3,061 $113,200 $0 $0
2020 $2,808 $109,910 $0 $0
2019 $2,705 $106,710 $0 $0
2018 $2,625 $103,610 $0 $0
2017 $2,586 $103,390 $0 $0
2016 $2,367 $100,380 $0 $0
2015 $2,305 $97,460 $0 $0
2014 $2,270 $94,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24320023

Regional Multiple Listing Service (RMLS)

APN: R160069