NOT LISTED FOR SALE

919 NE Alberta St Unit 931 Portland, OR 97211

King Neighborhood

Estimated Value: $715,000 - $1,283,900

5 Beds
5 Baths
3,487 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $1,110,000 $318 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $5,552/month

31 Days on Market

Highlights

  • Wood Flooring
  • Garage
  • 4-minute walk to King School Park
  • Corner Lot
  • Lap Siding

About This Home

As of December 2020

Solid 1943 4 plex rare investment opportunity. Immaculately maintained 1BR/1BA light and bright units, hardwoods, charming vintage details, loads of upgrades,perfectly located to Alberta shops and services, guest house w/ 300 sq ft for tenants to accommodate visiting friends and family or ? 1 detached garage, nice outdoor back area/patio, storage lockers & wash/dry in basement. Super low taxes- $3979.00, strong rent history, don't miss this corner lot turnkey property.

Last Agent to Sell the Property

Ronda Joseph

Cascade Hasson Sotheby's International Realty License #961000158 Listed on: 10/27/2020

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Sanam Dowlatdad

Where Real Estate Collaborative License #201212524

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,649

Year Built

  • Built in 1943

Lot Details

  • 5,489

Parking

  • Garage

Home Design

  • Lap Siding
  • Concrete Perimeter Foundation

Unfinished Basement

  • Partial Basement
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Range
  • Wood Flooring
  • Corner Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,649

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3487
  • Year Built: 1943
  • Property Condition: Approximately
  • Remarks Public: Solid 1943 4 plex rare investment opportunity. Immaculately maintained 1BR/1BA light and bright units, hardwoods, charming vintage details, loads of upgrades,perfectly located to Alberta shops and services, guest house w/ 300 sq ft for tenants to accommodate visiting friends and family or ? 1 detached garage, nice outdoor back area/patio, storage lockers & wash/dry in basement. Super low taxes- $3979.00, strong rent history, don't miss this corner lot turnkey property.
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ROSEDALE & ANX, BLOCK 6, LOT 8 EXC PT IN ST, S 20.5' OF LOT 9
  • Basement: Partial Basement, Unfinished, Storage Space
  • Storage: Individual Storage Units, Basement

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Security: Security Lights

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Range, Refrigerator, Wood Floors, Air Conditioning

Schools

  • Elementary School: Sabin
  • Middle School: Harriet Tubman
  • High School: Grant
  • School High2: Jefferson

Lot Info

  • Lot Description: Corner Lot
  • Zoning: R1

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3951.70
  • Assessor Parcel Number: R261191
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4, 5
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 23.68

MLS Schools

  • Elementary School: Sabin
  • High School: Grant
  • Middle School: Harriet Tubman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Dotson Anthony B and Dotson Joe Lisa
Bought by
Dotson Anthony and Dotson Joe Lisa
Current Estimated Value
$943,324

Purchase Details

Listed on
Oct 27, 2020
Closed on
Dec 21, 2020
Sold by
Birmele Jutta G
Bought by
Dotson Anthony B and Dotson Joe Lisa
Seller's Agent
Ronda Joseph
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Sanam Dowlatdad
Where Real Estate Collaborative
List Price
$1,200,000
Sold Price
$1,110,000
Premium/Discount to List
-$90,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.82%
Original Mortgage
$774,417
Outstanding Balance
$700,038
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$227,187

Purchase Details

Listed on
Feb 14, 2018
Closed on
Mar 26, 2018
Sold by
Meissner Joe B
Bought by
Birmele Jutta G and Birmele Jutta G
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Ronda Joseph
Cascade Hasson Sotheby's International Realty
List Price
$950,000
Sold Price
$980,000
Premium/Discount to List
$30,000
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$712,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2008
Sold by
3 Sarum Llc
Bought by
Meissner Joe B and Darlene Harper C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2007
Sold by
Penfield Samuel
Bought by
3Sarum Llc

Purchase Details

Closed on
Feb 9, 2001
Sold by
Durig Apartments Llc
Bought by
Penfield Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2000
Sold by
Mitchell Anne A
Bought by
Durig John R and Durig Carrie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
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
Dotson Anthony -- None Available
Dotson Anthony B $1,110,000 Chicgaotitle
Birmele Jutta G $980,000 Old Republic Title
Meissner Joe B $469,950 Fidelity Natl Title Co Of Or
3Sarum Llc $395,000 Accommodation
3Sarum Llc $395,000 Landamerica
Penfield Samuel $171,000 First American Title Co
Durig John R $140,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dotson Anthony B $774,417
Previous Owner Birmele Jutta G $712,500
Previous Owner Harper Cheryl Darlene $295,000
Previous Owner Meissner Joe B $311,500
Previous Owner Meissner Joe B $352,000
Previous Owner Penfield Samuel $119,700
Previous Owner Durig John R $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $1,110,000 -7.5% $318 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $1,200,000 +22.4% $344 / Sq Ft
03/27/2018 03/27/18 Sold $980,000 +3.2% $281 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $950,000 -- $272 / 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 $4,649 $175,460 $0 $0
2022 $4,549 $170,350 $0 $0
2021 $4,472 $165,390 $0 $0
2020 $4,102 $160,580 $0 $0
2019 $3,952 $155,910 $0 $0
2018 $3,835 $151,370 $0 $0
2017 $3,676 $146,970 $0 $0
2016 $3,364 $142,690 $0 $0
2015 $3,276 $138,540 $0 $0
2014 $3,227 $134,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20586715

Regional Multiple Listing Service (RMLS)

APN: R261191