NOT LISTED FOR SALE

8423 SE Hawthorne Blvd Unit 8433 Portland, OR 97216

Montavilla Neighborhood

Estimated Value: $386,000 - $533,000

4 Beds
2 Baths
1,560 Sq Ft
$307/Sq Ft Est. Value

Last Sold October 12, 2016

Last sale price $370,000 $237 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,883/month

54 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-Story Property
  • 2 Car Attached Garage
  • Wood Siding

About This Home

As of October 2016

OPEN HOUSE on Saturday, 7/30/16 from 12-3PM. This 1-story duplex is your perfect new home or investment opportunity! Located in the Montavilla neighborhood, blend of urban city and suburban nature, between Mt. Tabor and HWY 205., Both units have newer windows and new paint. With one unit having new flooring and an updated bathroom.

Last Agent to Sell the Property

Alvaro Suarez

Hot House Team Co. License #200306136 Listed on: 06/10/2016

Last Buyer's Agent

Michael Biehler

RE/MAX Equity Group License #921200041

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Harrison Park Elementary And Middle School
  • Madison High School

Utilities

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

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R212220

Community Details

Overview

  • 2 Units
  • Montavilla Subdivision

Building Details

  • Operating Expense $6,420
  • Gross Income $24,000
  • Net Operating Income $17,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,345

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1965
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Other,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Harrison Park
  • High School: Madison
  • Middle Or Junior School: Harrison Park

Lot Info

  • Zoning: R2
  • Parcel #: R212220

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3345.39

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.0
  • Annual Gross Income: 24000.0
  • Property Net Operating Income: 17580.0
  • Annual Operating Expense: 6420.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Wilkins Jane Elizabeth and Darling Eva Frazee
Bought by
Wilkins Jane and Johnson Matthew
Current Estimated Value
$456,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,500
Outstanding Balance
$361,130
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$96,351

Purchase Details

Listed on
Jun 10, 2016
Closed on
Oct 12, 2016
Sold by
Velasquez Gonzalo
Bought by
Wilkins Jane Elizabeth and Darling Eva Frazee
Seller's Agent
Alvaro Suarez
Hot House Team Co.
Buyer's Agent
Michael Biehler
RE/MAX Equity Group
List Price
$330,000
Sold Price
$370,000
Premium/Discount to List
$40,000
12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$363,298
Interest Rate
3.46%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 21, 2011
Closed on
Mar 2, 2012
Sold by
Larson Marilyn Sue
Bought by
Velasquez Gonzalo
Seller's Agent
Patti Shmilenko
Premiere Property Group, LLC
Buyer's Agent
Omar Torres
Keller Williams PDX Central
List Price
$199,900
Sold Price
$192,500
Premium/Discount to List
-$7,400
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.23%
Original Mortgage
$187,619
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2011
Sold by
Weiler Insurance Properties Inc
Bought by
Weiler Marilyn Sue

Purchase Details

Closed on
Nov 29, 2007
Sold by
Kennedy Jan
Bought by
Weiler Insurance Properties Inc

Purchase Details

Closed on
Jul 31, 2003
Sold by
Weiler Lois
Bought by
Weiler Insurance Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Bergeson Jerry L
Bought by
Weiler Lois L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
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
Wilkins Jane -- First American
Wilkins Jane Elizabeth $370,000 Fidelity Natl Title Of Or
Velasquez Gonzalo $192,500 First American
Weiler Marilyn Sue -- None Available
Weiler Insurance Properties Inc -- None Available
Weiler Insurance Properties Inc -- Ticor Title
Weiler Lois L $189,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Jane $399,500
Closed Wilkins Jane Elizabeth $363,298
Previous Owner Velasquez Gonzalo $187,619
Previous Owner Weiler Lois L $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2016 10/12/16 Sold $370,000 +12.1% $237 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $330,000 +71.4% $212 / Sq Ft
03/05/2012 03/05/12 Sold $192,500 -3.7% $123 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
11/21/2011 11/21/11 For Sale $199,900 -- $128 / 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 $4,748 $179,160 $0 $0
2022 $4,645 $173,950 $0 $0
2021 $4,566 $168,890 $0 $0
2020 $4,189 $163,980 $0 $0
2019 $4,035 $159,210 $0 $0
2018 $3,917 $154,580 $0 $0
2017 $3,754 $150,080 $0 $0
2016 $3,435 $145,710 $0 $0
2015 $3,345 $141,470 $0 $0
2014 $3,295 $137,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alvaro Suarez

    Seller's Agent in 2016

    Alvaro Suarez

    Hot House Team Co.

    (503) 453-9510

    29 Total Sales

    Section Image

  • M

    Buyer's Agent in 2016

    Michael Biehler

    RE/MAX

    Section Image
  • Patti Shmilenko

    Seller's Agent in 2012

    Patti Shmilenko

    Premiere Property Group, LLC

    (503) 702-9807

    55 Total Sales

    Section Image

  • O

    Buyer's Agent in 2012

    Omar Torres

    Keller Williams PDX Central

    (503) 548-4848

    38 Total Sales

    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16046073

Regional Multiple Listing Service (RMLS)

APN: R212220

Oregon Multnomah County Portland 97216 Montavilla

8423 SE Hawthorne Blvd Unit 8433, Portland, OR

This home is located at 8423 SE Hawthorne Blvd Unit 8433, Portland, OR 97216 since 10 June 2016 and is currently estimated at $479,118, approximately $307 per square foot. This property was built in 1965. 8423 SE Hawthorne Blvd Unit 8433 is a home located in Multnomah County with nearby schools including Harrison Park School, Leodis V. McDaniel High School, and Portland Arthur Academy.

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