NOT LISTED FOR SALE

8534 NE Milton St Unit 8536 Portland, OR 97220

Madison South Neighborhood

Estimated Value: $388,000 - $444,000

3 Beds
3 Baths
1,300 Sq Ft
$314/Sq Ft Est. Value

Last Sold June 21, 2017

Last sale price $305,000 $235 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,570/month

7 Days on Market

About This Home

As of June 2017

Duplex with tons of potential. The first unit has 2bd, 2 baths and shares laundry with the 2nd unit, which has 1 bed, 1 bath. Features new carpet in 2nd unit, vinyl siding, all appliances included and lots of opportunity. Makes a great rental or owner occupied investment property. Cosmetic fixer w possible 3rd unit in basement? Full sep. entry/kitchen/bath in basement. Buyer to do own due diligence. Roof just cleaned.

Last Agent to Sell the Property

Winston Murray

Works Real Estate License #201206421 Listed on: 05/09/2017

Works Real Estate

Last Buyer's Agent

Rod McAdams

Keller Williams PDX Central License #960100013

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,201

Year Built

  • Built in 1942

Lot Details

  • Private Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Storage
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave

Utilities

  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Shay @ Grid Property Mgmt

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,201

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1300
  • Stories: 2
  • Year Built: 1942
  • Property Condition: Approximately
  • Remarks Public: Duplex with tons of potential. The first unit has 2bd, 2 baths and shares laundry with the 2nd unit, which has 1 bed, 1 bath. Features new carpet in 2nd unit, vinyl siding, all appliances included and lots of opportunity. Makes a great rental or owner occupied investment property. Cosmetic fixer w possible 3rd unit in basement? Full sep. entry/kitchen/bath in basement. Buyer to do own due diligence. Roof just cleaned.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ROSE VILLAS, E 1/2 OF LOT 44 EXC S 15'
  • Basement: Finished
  • Storage: Basement

Exterior Features

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Management Name: Shay @ Grid Property Mgmt
  • Management Phone: 503-381-5999
  • Common Amenities: Laundry
  • Unit Features: Microwave, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Lee
  • Middle School: Lee
  • High School: Madison

Lot Info

  • Lot Description: Level, Private, Trees
  • Zoning: R5
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2923.15
  • Assessor Parcel Number: R261052

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 24.92

MLS Schools

  • Elementary School: Lee
  • High School: Madison
  • Middle School: Lee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Jun 15, 2017
Sold by
Arana Patricia
Bought by
Michaelson Stacy Ann
Seller's Agent
Winston Murray
Works Real Estate
Buyer's Agent
Rod McAdams
Keller Williams PDX Central
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%
Current Estimated Value
$408,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,251
Avg. Annual Appreciation
3.62%
Original Mortgage
$228,750
Outstanding Balance
$190,883
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$217,368

Purchase Details

Closed on
Jan 11, 2006
Sold by
Hilman Nate J
Bought by
Arana Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,840
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 1995
Sold by
Smith Virginia M
Bought by
Hilman Nate and Duncan Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
8.36%
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
Michaelson Stacy Ann $305,000 Chicago Title Company Of Or
Arana Patricia $167,300 Fidelity Natl Title Co Of Or
Hilman Nate $81,500 Transamerica Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaelson Stacy Ann $228,750
Previous Owner Arana Patricia $133,840
Previous Owner Arana Patricia $33,460
Previous Owner Hilman Nate $77,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2017 06/21/17 Sold $305,000 +2.0% $235 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $299,000 -- $230 / 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 $4,201 $157,020 -- --
2023 $4,201 $152,450 $0 $0
2022 $3,952 $148,010 $0 $0
2021 $3,885 $143,700 $0 $0
2020 $3,564 $139,520 $0 $0
2019 $3,433 $135,460 $0 $0
2018 $3,332 $131,520 $0 $0
2017 $3,194 $127,690 $0 $0
2016 $2,923 $123,980 $0 $0
2015 $2,846 $120,370 $0 $0
2014 $2,697 $116,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Winston Murray

    Seller's Agent in 2017

    Winston Murray

    Works Real Estate

    (503) 714-7053

    4 in this area

    455 Total Sales

    Winston Murray
    Section Image
  • Rod McAdams

    Buyer's Agent in 2017

    Rod McAdams

    Keller Williams PDX Central

    (503) 504-7637

    79 Total Sales

    Rod McAdams
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17532517

Regional Multiple Listing Service (RMLS)

APN: R261052

Oregon Multnomah County Portland 97220 Madison South

8534 NE Milton St Unit 8536, Portland, OR

This home is located at 8534 NE Milton St Unit 8536, Portland, OR 97220 since 09 May 2017 and is currently estimated at $408,251, approximately $314 per square foot. This property was built in 1942. 8534 NE Milton St Unit 8536 is a home located in Multnomah County with nearby schools including Jason Lee Elementary School, Roseway Heights School, and Leodis V. McDaniel High School.

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