NOT LISTED FOR SALE

1902 NE 38th Ave Unit 1904 Portland, OR 97212

Grant Park Neighborhood

Estimated Value: $839,000 - $1,190,000

7 Beds
4 Baths
4,309 Sq Ft
$239/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $893,000 $207 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,264/month

58 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Storage
  • Beverly Cleary School Rated A-
  • Fireplace

About This Home

As of November 2019

Incredible triplex opportunity in Hollywood. Vacant units allow you to set market level rents from the jump. Large side by side units above a HUGE partial sub-grade unit. Assigned off-street parking and common laundry room. Seller may complete 1031 exchange at no cost to buyer.

Last Agent to Sell the Property

Benjamin Ficker

Keller Williams Sunset Corridor License #200412166 Listed on: 08/18/2019

Keller Williams Sunset Corridor

Last Buyer's Agent

Benjamin Droukas

Windermere Realty Trust License #200401007

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,641

Year Built

  • Built in 1927

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Storage
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Security Lights
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,641

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4309
  • Stories: 3
  • Year Built: 1927
  • Property Condition: Approximately
  • Remarks Public: Incredible triplex opportunity in Hollywood. Vacant units allow you to set market level rents from the jump. Large side by side units above a HUGE partial sub-grade unit. Assigned off-street parking and common laundry room. Seller may complete 1031 exchange at no cost to buyer.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ROSSMERE, BLOCK 30, LOT 9
  • Basement: Finished, Full Basement
  • Storage: Locked

Exterior Features

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

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Zoned
  • Security: Security Lights

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Fireplace, Hardwood Floors, Range, Refrigerator, Washer/Dryer Hookup, Air Conditioning

Schools

  • Elementary School: Beverly Cleary
  • Middle School: Beverly Cleary
  • High School: Grant

Lot Info

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

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 5643.06
  • Assessor Parcel Number: R262702
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.04

MLS Schools

  • Elementary School: Beverly Cleary
  • High School: Grant
  • Middle School: Beverly Cleary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2019
Closed on
Nov 15, 2019
Sold by
Peters Deborah M
Bought by
Pokala Jagat Vikas and Ray Roshini Dinesh
Seller's Agent
Benjamin Ficker
Keller Williams Sunset Corridor
Buyer's Agent
Benjamin Droukas
Windermere Realty Trust
List Price
$990,000
Sold Price
$893,000
Premium/Discount to List
-$97,000
-9.8%
Current Estimated Value
$1,003,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,863
Avg. Annual Appreciation
1.71%
Original Mortgage
$659,750
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pokala Jagat Vikas $893,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pokala Jaget Vikas $669,500
Closed Pokala Jagat Vikas $659,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Sold $893,000 -3.5% $207 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/04/2019 10/04/19 Price Changed $925,000 -2.6% $215 / Sq Ft
08/30/2019 08/30/19 Price Changed $950,000 -4.0% $220 / Sq Ft
08/18/2019 08/18/19 For Sale $990,000 -- $230 / 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 $8,641 $326,100 $0 $0
2022 $8,454 $316,610 $0 $0
2021 $8,311 $307,390 $0 $0
2020 $7,624 $298,439 $0 $0
2019 $5,814 $229,390 $0 $0
2018 $5,643 $222,710 $0 $0
2017 $5,409 $216,230 $0 $0
2016 $4,950 $209,940 $0 $0
2015 $4,820 $203,830 $0 $0
2014 $4,747 $197,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Ficker

    Seller's Agent in 2019

    Benjamin Ficker

    Keller Williams Sunset Corridor

    (971) 235-9561

    56 Total Sales

    Section Image
  • Benjamin Droukas

    Buyer's Agent in 2019

    Benjamin Droukas

    Windermere Realty Trust

    (503) 522-4645

    113 Total Sales

    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19175989

Regional Multiple Listing Service (RMLS)

APN: R262702

Oregon Multnomah County Portland 97212 Grant Park

1902 NE 38th Ave Unit 1904, Portland, OR

This home is located at 1902 NE 38th Ave Unit 1904, Portland, OR 97212 since 18 August 2019 and is currently estimated at $1,029,326, approximately $238 per square foot. This property was built in 1927. 1902 NE 38th Ave Unit 1904 is a home located in Multnomah County with nearby schools including Beverly Cleary School, U.S. Grant High School, and All Saints 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.

Nearby Homes