NOT LISTED FOR SALE

1403 SE 24th Ave Unit 1417 Portland, OR 97214

Buckman Neighborhood

Estimated Value: $809,000 - $1,214,288

4 Beds
4 Baths
2,604 Sq Ft
$394/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $1,200,000 $461 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $6,238/month

Highlights

  • Wood Flooring
  • Corner Lot
  • Washer and Dryer
  • Sunnyside Environmental School Rated 9+
  • Garage

About This Home

As of March 2022

Lovely vintage 1926 fourplex in amazing Hawthorne location! Restored side-by-side units each with own basement for storage and laundry; separately metered for gas and electric. Many upgrades including electrical service, water heaters, tiles bathrooms, updated kitchens. Blocks to restaurants, easy downtown access, location on a quiet corner. Fully rented- awesome tenants! Low maintenance yard= low expenses and upkeep.

Last Agent to Sell the Property

Jarrett Altman

Neighborhood Works License #200003181 Listed on: 09/13/2021

Last Buyer's Agent

Lisa Long

High Five Properties License #200306070

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,514

Year Built

  • Built in 1926

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Slab Foundation
  • Stucco Exterior
  • Concrete Perimeter Foundation

Basement

  • Exterior Basement Entry
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Range
  • Wood Flooring
  • Washer and Dryer

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,514

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1926
  • Property Condition: Existing
  • Remarks Public: Lovely vintage 1926 fourplex in amazing Hawthorne location! Restored side-by-side units each with own basement for storage and laundry; separately metered for gas and electric. Many upgrades including electrical service, water heaters, tiles bathrooms, updated kitchens. Blocks to restaurants, easy downtown access, location on a quiet corner. Fully rented- awesome tenants! Low maintenance yard= low expenses and upkeep.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PLEASANT VIEW ADD, BLOCK 5, E 30' OF S 20' OF W 1/2 OF LOT 9, E 1
  • Basement: Exterior Entry, Storage Space
  • Storage: Basement

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Slab, Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air - 95+%

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Sunnyside Env
  • Middle School: Sunnyside Env
  • High School: Franklin

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: R2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 8072.38
  • Assessor Parcel Number: R244810
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 17.17

MLS Schools

  • Elementary School: Sunnyside Env
  • High School: Franklin
  • Middle School: Sunnyside Env

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Mar 2, 2022
Sold by
Urban Owl Llc
Bought by
Hsiao Michael
Seller's Agent
Jarrett Altman
Neighborhood Works
Buyer's Agent
Lisa Long
High Five Properties
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,027,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$172,928
Avg. Annual Appreciation
-4.24%
Original Mortgage
$900,000
Outstanding Balance
$838,681
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$188,391

Purchase Details

Closed on
Jan 18, 2017
Sold by
Belmont Investment Properties Llc
Bought by
Urban Owl Llc

Purchase Details

Listed on
Oct 14, 2013
Closed on
Nov 8, 2013
Sold by
Bulldog Capital Partners Llc
Bought by
Belmont Investment Properties Llc
Seller's Agent
Kristen Riggs
District Real Estate
Buyer's Agent
Jarrett Altman
Neighborhood Works
List Price
$775,000
Sold Price
$735,000
Premium/Discount to List
-$40,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Nov 19, 2010
Sold by
Myers Loren J
Bought by
Klm Capital Inc

Purchase Details

Closed on
May 3, 2005
Sold by
Brown Kenneth D
Bought by
Myers Loren J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,800
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac
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
Hsiao Michael $1,200,000 First American Title
Urban Owl Llc -- None Available
Belmont Investment Properties Llc $735,000 Lawyers Title
Klm Capital Inc $50,000 None Available
Myers Loren J $487,750 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsiao Michael $900,000
Previous Owner Myers Loren J $365,800
Closed Myers Loren J $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $1,200,000 0.0% $461 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
09/13/2021 09/13/21 For Sale $1,200,000 +63.3% $461 / Sq Ft
11/12/2013 11/12/13 Sold $735,000 -5.2% $282 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $775,000 -- $298 / 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 $9,514 $355,610 -- --
2023 $9,149 $345,260 $0 $0
2022 $8,951 $335,210 $0 $0
2021 $8,799 $325,450 $0 $0
2020 $8,072 $315,980 $0 $0
2019 $7,776 $306,780 $0 $0
2018 $7,547 $297,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jarrett Altman

    Seller's Agent in 2022

    Jarrett Altman

    Neighborhood Works

    (503) 407-4200

    3 in this area

    115 Total Sales

    Jarrett Altman
    Section Image
  • Lisa Long

    Buyer's Agent in 2022

    Lisa Long

    High Five Properties

    (503) 317-4399

    4 in this area

    42 Total Sales

    Lisa Long
    Section Image
  • Kristen Riggs

    Seller's Agent in 2013

    Kristen Riggs

    District Real Estate

    (503) 267-2013

    39 Total Sales

    Kristen Riggs
    Section Image

  • C

    Seller Co-Listing Agent in 2013

    Christopher Ostlund

    MORE Realty, Inc

    (360) 727-1077

    Christopher Ostlund
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21307266

Regional Multiple Listing Service (RMLS)

APN: R244810

Oregon Multnomah County Portland 97214 Buckman

1403 SE 24th Ave Unit 1417, Portland, OR

This home is located at 1403 SE 24th Ave Unit 1417, Portland, OR 97214 since 13 September 2021 and is currently estimated at $1,027,072, approximately $394 per square foot. This property was built in 1926. 1403 SE 24th Ave Unit 1417 is a home located in Multnomah County with nearby schools including Sunnyside Environmental School, Franklin High School, and Le Monde French Immersion Public Charter School.

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