$957,000
SOLD OCT 11, 2024

1734 SE Main St Unit 1736 Portland, OR 97214

Buckman Neighborhood
-- Bed
-- Bath
3,695 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$259 Per Sq Ft

1% Below List Price

115 Days on Market

Highlights

  • City View
  • Corner Lot
  • Window Unit Cooling System
  • Cleveland High School Rated A-
  • 2 Car Detached Garage
  • 4-minute walk to Colonel Summers Park

About This Home

As of October 2024

(Seller is offering up to $19,000 toward a 2/1 buydown for buyer's loan). Just the ninth time since 1884 this Buckman neighborhood Queen Anne Duplex will become available to market. With a long pedigree, this Hawthorne area property retains many period details but has been updated over the years for modern comfort. Endless possible configurations exist among three different living spaces; think of this as a duplex plus. 1734 SE Main is a 3-bedroom living space that includes the 3rd and 4th floors, has a wonderful view of downtown Portland and a large deck off of the kitchen. 1736 SE Main is a 2-bedroom unit situated on the main floor and shows off wood floors, period millwork and high ceilings. The 1-bedroom basement living area is licensed as an Accessory Short-Term Rental with a type A permit through the City of Portland and is associated with the 1734 SE Main address. The 1736 unit can be easily connected to the basement space. Each area has a fireplace, washer and dryer, hot water heater and separate entrance. The property boasts a coveted 2-car garage. The 3-bedroom and 2-bedroom living spaces have forced air gas heat. The 3-bedroom portion of 1734 is available to show. Please do not disturb the tenants.

Last Agent to Sell the Property

Michael Beirwagen

Berkshire Hathaway HomeServices NW Real Estate License #920300058

Berkshire Hathaway HomeServices NW Real Estate

Last Buyer's Agent

Ron Brister

Better Homes & Gardens Realty License #201237997

Better Homes & Gardens Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,125

Year Built

  • Built in 1884

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,695 Sq Ft Home
  • 4-Story Property
  • City Views
  • Partially Finished Basement

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes electricity, ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R196891

Community Details

Overview

  • 2 Units
  • Buckman Hawthorne Subdivision

Building Details

  • Operating Expense $11,450
  • Gross Income $37,500
  • Net Operating Income $25,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,125

Year Built

Built in 1884

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 4
  • Year Built: 1884
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartiallyFinished
  • Storage: Basement,Garage
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Asbestos,Other
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition, Shingle
  • View: City

Garage/Parking

  • Parking Description: Detached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: ForcedAir, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: AllLandscaping, FrontYardLandscaping

Schools

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

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.09
  • Lot Size: 40 X 100
  • Lot Size Sq Ft: 3920.0
  • Parcel #: R196891

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 9124.56

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 25.73
  • Annual Gross Income: 37500.0
  • Property Net Operating Income: 25050.0
  • Annual Operating Expense: 11450.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Oct 8, 2024
Sold by
Lawshe Ted Forrest and Hearing Sylvia J
Bought by
Retecki Theodore Stephen
Seller's Agent
Michael Beirwagen
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Ron Brister
Better Homes & Gardens Realty
List Price
$965,000
Sold Price
$957,000
Premium/Discount to List
-$8,000
-0.83%
Total Days on Market
115
Views
16
Current Estimated Value
$991,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,349
Avg. Annual Appreciation
6.27%
Original Mortgage
$810,744
Outstanding Balance
$806,156
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$185,193

Map

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 $957,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $810,744 FHA
Previous Owner $200,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $957,000 -0.8% $259 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $965,000 0.0% $261 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $965,000 -- $261 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $9,125 $344,340 $0 $0
2022 $8,927 $334,320 $0 $0
2021 $8,776 $324,590 $0 $0
2020 $8,051 $315,140 $0 $0
2019 $7,755 $305,970 $0 $0
2018 $7,527 $297,060 $0 $0
2017 $7,214 $288,410 $0 $0
2016 $6,602 $280,010 $0 $0
2015 $6,429 $271,860 $0 $0
2014 $5,764 $240,270 $0 $0
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24550362

Regional Multiple Listing Service (RMLS)

APN: R196891