$897,000
SOLD JUL 15, 2015

121 NE 24th Ave Unit 125 Portland, OR 97232

Kerns Neighborhood
6 Beds
3 Baths
2,592 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$346 Per Sq Ft

6% Below List Price

76 Days on Market

Highlights

  • Storage
  • Cleveland High School Rated A-
  • Level Lot

About This Home

As of November 2017

Impeccable property is true turnkey investment. All units recently remodeled w/ new kitchens & bathrooms, flooring, windows & doors. Updated plumbing & new water line. Washer/dryer hook ups in each unit. Cute patios w/ sliders. Mature landscaping, raised beds & fire pit. Excellent, desirable location. Close to great food, drink & transportation. Good for owner occupant as well as investor. 3 parking spaces. Super cool property!

Last Agent to Sell the Property

Maureen Swan

Portland Proper Real Estate License #990400025 Listed on: 04/14/2015

Co-Listed By

Jason McEllrath

Portland Proper Real Estate License #200312139

Last Buyer's Agent

Kadee Norstedt

Inhabit Real Estate License #201210209

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,803

Year Built

  • Built in 1971

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,803

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2592
  • Stories: 2
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: KEYSTONE ADD, BLOCK 2, N 1/2 OF LOT 9&10
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Buckman
  • Middle School: Hosford
  • High School: Cleveland

Lot Info

  • Lot Description: Level
  • Zoning: R2.5

Tax Info

  • Tax Amount: 5300.83
  • Assessor Parcel Number: R197311

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 16.65

MLS Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Nov 8, 2017
Sold by
Rupert Enterprises Three Llc
Bought by
Midtown Gardens Llc
Seller's Agent
Liza Fong
Windermere Community Realty
Buyer's Agent
Nash Barinaga
Soldera Properties, Inc
List Price
$950,000
Sold Price
$910,000
Premium/Discount to List
-$40,000
-4.21%
Current Estimated Value
$1,035,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,873
Avg. Annual Appreciation
1.74%
Original Mortgage
$200,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2015
Closed on
Aug 5, 2015
Sold by
Ericson Craig H
Bought by
Rupert Enterprises Three Llc
Seller's Agent
Maureen Swan
Portland Proper Real Estate
Buyer's Agent
Kadee Norstedt
Inhabit Real Estate
List Price
$950,000
Sold Price
$897,000
Premium/Discount to List
-$53,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.62%

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jul 14, 2015
Sold by
Persephone Apartments Llc
Bought by
Ericson Craig H and Craig H Ericson Revocable Living Trust
Seller's Agent
Maureen Swan
Portland Proper Real Estate
Buyer's Agent
Kadee Norstedt
Inhabit Real Estate
List Price
$950,000
Sold Price
$897,000
Premium/Discount to List
-$53,000
-5.58%

Purchase Details

Closed on
Aug 17, 2012
Sold by
Orrick Joint Venture Lp
Bought by
Persephone Apartments Llc

Purchase Details

Listed on
Apr 20, 2012
Closed on
May 22, 2012
Sold by
Paulson Jane
Bought by
Orrick Joint Ventures
Seller's Agent
Tim Pitts
Proud Realty LLC
Buyer's Agent
Maureen Swan
Portland Proper Real Estate
List Price
$369,000
Sold Price
$388,000
Premium/Discount to List
$19,000
5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
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 Type Sale Price Title Company
Warranty Deed $910,000 Wfg Title
Warranty Deed -- None Available
Warranty Deed $897,000 First American
Limited Warranty Deed $388,000 None Available
Warranty Deed $388,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2017 11/10/17 Sold $910,000 -4.2% $351 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $950,000 +5.9% $366 / Sq Ft
07/15/2015 07/15/15 Sold $897,000 -5.6% $346 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $950,000 +144.8% $367 / Sq Ft
05/23/2012 05/23/12 Sold $388,000 +5.1% $150 / Sq Ft
05/06/2012 05/06/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $369,000 -- $142 / 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 $9,803 $366,380 -- --
2023 $9,426 $355,710 $0 $0
2022 $9,222 $345,350 $0 $0
2021 $9,066 $335,300 $0 $0
2020 $8,317 $325,540 $0 $0
2019 $8,011 $316,060 $0 $0
2018 $7,775 $306,860 $0 $0
2017 $7,452 $297,930 $0 $0
2016 $6,820 $289,260 $0 $0
2015 $6,641 $280,840 $0 $0
2014 $5,301 $220,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Liza Fong

    Windermere Community Realty

    (503) 249-1706

    32 Total Sales

    Liza Fong
    Section Image
  • Nash Barinaga

    Buyer's Agent in 2017

    Nash Barinaga

    Soldera Properties, Inc

    (503) 816-8073

    62 Total Sales

    Nash Barinaga
    Section Image
  • Maureen Swan

    Seller's Agent in 2015

    Maureen Swan

    Portland Proper Real Estate

    (503) 888-8259

    102 Total Sales

    Maureen Swan
    Section Image
  • Jason McEllrath

    Seller Co-Listing Agent in 2015

    Jason McEllrath

    Portland Proper Real Estate

    (503) 830-2326

    104 Total Sales

    Jason McEllrath
    Section Image

  • K

    Buyer's Agent in 2015

    Kadee Norstedt

    Inhabit Real Estate

  • Tim Pitts

    Seller's Agent in 2012

    Tim Pitts

    Proud Realty LLC

    (503) 317-4312

    13 Total Sales

    Tim Pitts
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15428419

Regional Multiple Listing Service (RMLS)

APN: R197311

Oregon Multnomah County Portland 97232 Kerns

121 NE 24th Ave Unit 125, Portland, OR

This home is located at 121 NE 24th Ave Unit 125, Portland, OR 97232 and is currently priced at $897,000, approximately $346 per square foot. This property was built in 1971. 121 NE 24th Ave Unit 125 is a home located in Multnomah County with nearby schools including Buckman Elementary School, Hosford Middle School, and Cleveland High School.

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.

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