NOT LISTED FOR SALE

1544 SE 34th Ave Portland, OR 97214

Richmond Neighborhood

Estimated Value: $628,000 - $868,000

3 Beds
2 Baths
3,600 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $750,000 $208 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,467/month

5 Days on Market

Highlights

  • Forced Air Heating System
  • 2 Car Garage
  • Wood Siding
  • Abernethy Elementary School Rated 10
  • Level Lot

About This Home

As of March 2023

Treasured craftsman Duplex in the heart of the Hawthorne District awaits. 1916-built bungalow has so much potential and could be converted back to original SFR or left as a functioning legal duplex. Current main floor unit features extensive built-ins, hardwood floors, front covered porch & access to full basement. Don't miss the backyard & 2 garage spaces. Opportunities are endless - AirBnB - 3rd unit addition - redevelopment. Cannot go wrong with this amazing Richmond neighborhood location!

Last Agent to Sell the Property

Theresa deSousa + Brian Spear

Opt License #200312221 Listed on: 02/28/2023

Opt

Co-Listed By

Brian Porter

Opt License #200305174

Last Buyer's Agent

Sarita Vasquez

John L. Scott Portland Central License #201215368

John L. Scott Portland Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,426

Year Built

  • Built in 1916

Lot Details

  • Level Lot

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,600 Sq Ft Home
  • 3-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Abernethy Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R258375

Community Details

Overview

  • 2 Units
  • Richmond / Hawthorne Subdivision

Building Details

  • Operating Expense $18,146
  • Gross Income $51,216
  • Net Operating Income $33,070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,426

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1916
  • Property Condition: Existing
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Oil
  • Hot Water: Electricity,Tank
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Abernethy
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R2.5
  • Parcel #: R258375

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 6426.27

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.71
  • Annual Gross Income: 51216.0
  • Property Net Operating Income: 33070.0
  • Annual Operating Expense: 18146.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2025
Sold by
Nga Thy Llc
Bought by
Vu Nga and Nguyen Anh Thy
Current Estimated Value
$717,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$149,738
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
$596,729

Purchase Details

Listed on
Feb 28, 2023
Closed on
Mar 7, 2023
Sold by
Seely Paul H
Bought by
Nga Thy Llc
Seller's Agent
Theresa deSousa + Brian Spear
Opt
Buyer's Agent
Sarita Vasquez
John L. Scott Portland Central
List Price
$599,950
Sold Price
$750,000
Premium/Discount to List
$150,050
25.01%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.20%
Original Mortgage
$435,000
Interest Rate
6.12%
Mortgage Type
New Conventional
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
Vu Nga -- First American Title
Nga Thy Llc $750,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Nga $150,000
Previous Owner Nga Thy Llc $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $750,000 +25.0% $208 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $599,950 -- $167 / 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 $6,682 $252,150 $0 $0
2022 $6,537 $244,810 $0 $0
2021 $6,426 $237,680 $0 $0
2020 $5,895 $230,760 $0 $0
2019 $5,678 $224,040 $0 $0
2018 $5,512 $217,520 $0 $0
2017 $5,283 $211,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Theresa deSousa + Brian Spear

    Seller's Agent in 2023

    Theresa deSousa + Brian Spear

    Opt

    (503) 515-9374

    10 in this area

    134 Total Sales

    Section Image
  • Brian Porter

    Seller Co-Listing Agent in 2023

    Brian Porter

    Opt

    (503) 810-2219

    8 in this area

    197 Total Sales

    Section Image
  • Sarita Vasquez

    Buyer's Agent in 2023

    Sarita Vasquez

    John L. Scott Portland Central

    (503) 775-4699

    2 in this area

    32 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23568222

Regional Multiple Listing Service (RMLS)

APN: R258375

Oregon Multnomah County Portland 97214 Richmond

1544 SE 34th Ave, Portland, OR

This home is located at 1544 SE 34th Ave, Portland, OR 97214 since 28 February 2023 and is currently estimated at $754,164, approximately $209 per square foot. This property was built in 1916. 1544 SE 34th Ave is a home located in Multnomah County with nearby schools including Abernethy Elementary School, Hosford Middle School, and Cleveland High School.

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