NOT LISTED FOR SALE

13400 E Burnside St Unit 13402 Portland, OR 97233

Hazelwood Neighborhood

Estimated Value: $518,000 - $563,000

5 Beds
3 Baths
1,860 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 20, 2024

Last sale price $540,000 $290 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,456/month

2 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted In Outer Wall Opening
  • Level Lot
  • 1-Story Property

About This Home

As of August 2024

Don't Miss this Amazing Investment Opportunity! This beautifully updated and maintained duplex is the ONE you have been waiting for. The vacant unit is 2 bed/ 1 bath and was completely renovated in 2013, which includes the roof, siding, windows, water heater, & sliding door. The updated and spacious kitchen is equipped with granite countertops & sleek cabinets + laundry area - providing both functionality & convenience. Step out and enjoy the fully fenced backyard complete with a concrete patio. Each unit has a designated parking spot, as well as a private-single garage. The 2nd unit is 3 bed/2 bath and has been occupied by a long-term tenant. Equipped with a large backyard with room to entertain and relax after a long day + NEW roof installed in July 2023.Conveniently located near transportation, shopping and restaurants, this perfectly landscaped duplex is ideal for investors or owner-occupied buyers alike. Live in one unit, while generating monthly revenue from the other. Come see TODAY!

Last Agent to Sell the Property

Tanya Buliga

Premiere Property Group, LLC License #201217739 Listed on: 06/13/2024

Premiere Property Group, LLC

Last Buyer's Agent

Sarah Malarkey

Opt License #201219496

Opt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,524

Year Built

  • Built in 1980

Lot Details

  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Russell Elementary School
  • Parkrose Middle School
  • Parkrose High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R185399

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hazelwood Subdivision

Building Details

  • Operating Expense $300
  • Gross Income $16,200
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,524

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1980
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Concrete, Paved
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Russell
  • High School: Parkrose
  • Middle Or Junior School: Parkrose

Lot Info

  • Zoning: RM1
  • Parcel #: R185399

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 5523.96

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 32.41
  • Annual Gross Income: 16200.0
  • Property Net Operating Income: 1000.0
  • Annual Operating Expense: 300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 11, 2024
Sold by
Mcginnis Family Revocable Trust and Mcginnis George
Bought by
Muibi Adebowale Iretomiwa
Seller's Agent
Tanya Buliga
Premiere Property Group, LLC
Buyer's Agent
Sarah Malarkey
Opt
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%
Views
9
Current Estimated Value
$547,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,174
Avg. Annual Appreciation
1.28%
Original Mortgage
$494,505
Outstanding Balance
$489,433
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$57,741

Purchase Details

Closed on
Jun 2, 1998
Sold by
Mcginnis Diane
Bought by
Mcginnis George and Mcginnis Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Muibi Adebowale Iretomiwa $540,000 Lawyers Title
Mcginnis George -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muibi Adebowale Iretomiwa $494,505
Previous Owner Mcginnis George $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2024 08/20/24 Sold $540,000 +2.9% $290 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $525,000 -- $282 / 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 $5,760 $254,760 -- --
2023 $5,524 $247,340 $0 $0
2022 $5,415 $240,140 $0 $0
2021 $5,325 $233,150 $0 $0
2020 $4,943 $226,360 $0 $0
2019 $4,678 $219,770 $0 $0
2018 $4,519 $213,370 $0 $0
2017 $4,355 $207,160 $0 $0
2016 $4,202 $201,130 $0 $0
2015 $3,924 $195,280 $0 $0
2014 $3,748 $189,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tanya Buliga

    Seller's Agent in 2024

    Tanya Buliga

    Premiere Property Group, LLC

    (503) 442-4020

    2 in this area

    63 Total Sales

    Tanya Buliga
    Section Image
  • Sarah Malarkey

    Buyer's Agent in 2024

    Sarah Malarkey

    Opt

    (503) 890-0860

    2 in this area

    92 Total Sales

    Sarah Malarkey
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24695033

Regional Multiple Listing Service (RMLS)

APN: R185399

Oregon Multnomah County Portland 97230 Hazelwood

13400 E Burnside St Unit 13402, Portland, OR

This home is located at 13400 E Burnside St Unit 13402, Portland, OR 97233 since 13 June 2024 and is currently estimated at $547,174, approximately $294 per square foot. This property was built in 1980. 13400 E Burnside St Unit 13402 is a home located in Multnomah County with nearby schools including Russell Elementary, Parkrose Middle School, and Parkrose High School.

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