See Home Value
Portland 97212 Sabin
1124 NE FAILING ST
$472,409*
House - Off Market

1124 NE FAILING ST

Portland, OR 97212
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1250 Sqft
$360,000 - $440,000
Reference Base Price*
18.10%
Since Jan 1, 2021
OR-Portland
Primary Model
Sold Jan 14, 2021
$450,000
$405,000 by Premier Mortgage Resources Llc
Mortgage Due Feb 01, 2051
Sold Dec 28, 2000
$137,500
$130,625 by Jm Associates Fcu
Mortgage Due Jan 01, 2031

About This Property

Meet the Sabin Sweet Pea! An adorable, one-level cottage with 850 sf of pure charm! Hardwood floors, French doors, clawfoot tub, and stained glass window! Located smack dab in bustling NE Portland--enjoy Whole Foods and other amenities within blocks. What's not to love! Less than 3 mi to downtown Portland.

The manager has listed the unit size as 1250 square feet.
Unit Size
1,250Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$320
Property Type
House
Property Taxes
$1,987
HOA Dues
-
Year Built
1907

Price History

Date / Event Date Event Price
Jan 14, 2021 Sold to Joe Mcferrin Ii, Lisa Mcferrin $450,000
Sold to Joe Mcferrin Ii, Lisa Mcferrin
Dec 10, 2020 No longer available -
No longer available
Dec 4, 2020 Listed $400,000
Listed
Dec 28, 2000 Sold to Leslie D Lambert $137,500
Sold to Leslie D Lambert

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Excellent
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,450
  • Lot Size Depth Feet: 690
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,252
  • Gross Building Area: 1,252
  • Building Area: 852
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 852
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH IRVINGTON
  • Land Acres: 0.079
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH IRVINGTON, BLOCK H, W 1/2 OF LOT 2

Ownership

  • Current Owner : MCFERRIN JOE
  • Current Owner 2: MCFERRIN LISA
  • Previous Owner : LAMBERT LESLIE D
  • Owner Before Previous Owner: MANN JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003302

Zoning

  • Zoning: R5

Geography

  • Account Number: R611500310
  • Parcel: R226480
  • Block: H,W
  • Lot: 2
  • Meridian: SEC 23 TWN 01N RNG 01E
  • Latitude: 45.5506
  • Longitude: -122.654

    Address

  • Full Address: 1124 Ne Failing St
  • Address - House Number: 1124
  • Street Direction: NE
  • Address - Street Name: Failing
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C033
  • 4-Digit Zip Code: 1250
  • Zip Code: 97212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,338
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 495,604
  • High Value: 579,423
  • Low Value: 411,784

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: PREMIER MORTGAGE RESOURCES LLC
  • First Open Lien Mortgage Recording Date: Jan 14, 2021
  • First Open Lien Mortgage Loan Amount: $405,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $459,210
  • Market Land Value: $296,000
  • Market Improvement Value: $163,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,240

    Sales

  • Current Sale Contract Date: Jan 13, 2021
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Transaction ID: 11812341782
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-007356
  • Previous Sale Recording Date: Dec 28, 2000
  • Previous Sale Contract Date: Dec 28, 2000
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER MORTGAGE RESOURCES LLC
  • First Mortgage Transaction Date: Jan 14, 2021
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JM ASSOCIATES FCU
  • Previous Mortgage Transaction Date: Dec 28, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $130,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2031



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1.5 Baths
828 ft²
$542/ft²
$449,000 May 23, 2023
-
$528/mo
House
3 Beds
2 Baths
2,371 ft²
$194/ft²
$459,000 Jul 16, 2023
-
$161/mo

About Northeast Coalition of Neighborhoods


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Frequently Asked Questions

When was property at 1124 Northeast Failing Street built and last sold?
The property at 1124 Northeast Failing Street was built in 1907 and last sold on Jan 13, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 1124 Northeast Failing Street is $414,157.
What are some comparable homes to 1124 Northeast Failing Street?
There are currently no comparable homes to 1124 Northeast Failing Street.

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