NOT LISTED FOR SALE

1927 SE Washington St Portland, OR 97214

Buckman Neighborhood

Estimated Value: $837,000 - $906,000

4 Beds
3 Baths
3,644 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $888,000 $244 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,262/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • Green Certified Home
  • Level Lot
  • Cleveland High School Rated A-

About This Home

As of August 2022

Classic home updated to modern standards in 2016! New electrical, plumbing, roof, siding. Lucrative, private, soundproofed 1+ bed ADU in attic w/separate meters, water heater, laundry, views. Guest suite on main level w/own separate entrance, full soundproofing & electricity-use monitor. Successful Airbnb for 5 yrs. Main unit has lovingly restored original fir floors. Low-voc materials used throughout. High ceilings in basement w/separate entrance. Private yard & possible ADU potential! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10202598]

Last Agent to Sell the Property

William Grzebyk

Redfin License #201214217 Listed on: 06/10/2022

Redfin

Last Buyer's Agent

Aubrey Martin

Keller Williams Sunset Corridor License #201221599

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,236

Year Built

  • Built in 1904 | Remodeled

Lot Details

  • 4,443

Parking

  • Paved Parking

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,644 Sq Ft Home
  • 4-Story Property
  • Unfinished Basement
  • Basement Storage

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Green Certified Home
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number R167889

Community Details

Overview

  • 2 Units
  • Buckman Subdivision

Building Details

  • Operating Expense $8,210
  • Gross Income $68,160
  • Net Operating Income $59,949

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,236

Year Built

Built in 1904 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 4
  • Year Built: 1904
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: StorageSpace, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

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

Schools

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

Lot Info

  • Zoning: RM2
  • Parcel #: R167889

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 7236.3

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.2
  • Annual Gross Income: 68160.0
  • Property Net Operating Income: 59949.0
  • Annual Operating Expense: 8210.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Brown Jason Williams
Bought by
Ocean Manor Llc
Current Estimated Value
$868,673

Purchase Details

Listed on
Jun 10, 2022
Closed on
Aug 5, 2022
Sold by
1927 Llc
Bought by
Brown Jason William and Brown Aja Alysia
Seller's Agent
William Grzebyk
Redfin
Buyer's Agent
Aubrey Martin
Keller Williams Sunset Corridor
List Price
$899,900
Sold Price
$888,000
Premium/Discount to List
-$11,900
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.85%
Original Mortgage
$856,920
Interest Rate
5.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 18, 2019
Sold by
Lin Tingwei Tom
Bought by
1927 Llc

Purchase Details

Listed on
Oct 24, 2016
Closed on
Mar 13, 2017
Sold by
Mccrea Stephen T
Bought by
Lin Tingwei Tom
Seller's Agent
Shawn McDonald
Premiere Property Group, LLC
Buyer's Agent
Andrea Peck
Redfin
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Jan 12, 2007
Sold by
Mccrea Stephen T
Bought by
Mccrea Stephen T and Elliott Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Ocean Manor Llc $856,920 None Listed On Document
Brown Jason William $888,000 First American Title
1927 Llc -- None Available
Lin Tingwei Tom $605,000 Wfg Title
Mccrea Stephen T -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Jason William $856,920
Previous Owner Mccrea Stephen T $96,000
Previous Owner Mccrea Stephen T $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $888,000 -1.3% $244 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $899,900 +48.7% $247 / Sq Ft
03/17/2017 03/17/17 Sold $605,000 -3.2% $162 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $625,000 -- $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 $7,824 $283,920 $0 $0
2022 $7,361 $275,660 $0 $0
2021 $7,236 $267,640 $0 $0
2020 $6,638 $259,850 $0 $0
2019 $6,394 $252,291 $0 $0
2018 $5,418 $213,810 $0 $0
2017 $7,502 $178,720 $0 $0
2016 $4,091 $173,520 $0 $0
2015 $3,984 $168,470 $0 $0
2014 $3,924 $163,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22633766

Regional Multiple Listing Service (RMLS)

APN: R167889