Seller's Agent in 2023
Justin Leithem
Pellego, LLC
(503) 502-5375
1 in this area
33 Total Sales
2005 SE Cesar e Chavez Blvd Portland, OR 97214
Richmond NeighborhoodEstimated Value: $965,000 - $1,078,000
7
Beds
4
Baths
3,859
Sq Ft
$266/Sq Ft
Est. Value
Highlights
- City View
- American Four Square Architecture
- Corner Lot
- Abernethy Elementary School Rated 10
- Engineered Wood Flooring
- High Ceiling
About This Home
As of August 2023$100k price improvement! Welcome to your dream multi-family home in the heart of Portland! This meticulously restored Old Portland foursquare is situated in a prime location between Richmond and Hawthorne, offering you the best of both worlds. Operating as a permitted duplex, with the potential for a 3rd unit ADU, this home is perfect for both the saavy homebuyer seeking versatility and income-generating opportunities or the avid investor looking for a great ROI. Unit 1 exudes timeless elegance and welcomes you with a grand entrance adorned with original marble tile floors and stained millwork. Ascend to the upper two floors, where you'll discover a delightful blend of modern comforts and historic charm. Two spacious bedrooms and luxurious bathrooms provide ample space for relaxation and rejuvenation while the full kitchen/dining area provide the perfect setting for culinary creations and memorable gatherings. The pièce de résistance awaits on the uppermost floor, an enchanting attic loft with breathtaking 360-degree views of the city that can be used as another living space. Unit 2 is a haven of contemporary design and functionality. The massive open concept kitchen/dining area sets the stage for culinary adventures and lively entertaining. On the main floor, a full bath and two large bedrooms offer comfort and privacy. In the fully finished basement you'll find two additional bedrooms, a full bathroom, plus an open living/dining area. This can be transformed into a third unit if desired, offering endless possibilities for customization. The remodeling process has tastefully preserved the original doors and trim, showcasing the home's historic character while seamlessly integrating modern elements such as new plumbing and electrical systems. Embrace the potential of a duplex lifestyle, renting Unit 1 for $3500-$4000/mo or unlock the income-generating possibilities of unit 2 which includes an ADU by renting the 2 units within for $2500 each for a total of $5k/mo! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10187796]
Last Agent to Sell the Property
Pellego, LLC License #201204503 Listed on: 07/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,717
Year Built
- Built in 1908 | Remodeled
Lot Details
- 3,920 Sq Ft Lot
- Gated Home
- Corner Lot
- Level Lot
- Property is zoned rm2
Home Design
- American Four Square Architecture
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,859 Sq Ft Home
- 4-Story Property
- High Ceiling
- Double Pane Windows
- Vinyl Clad Windows
- Wood Frame Window
- Family Room
- Living Room
- Dining Room
- City Views
Kitchen
- Free-Standing Range
- Plumbed For Ice Maker
- Stainless Steel Appliances
- Quartz Countertops
- Disposal
Flooring
- Engineered Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Apartment Living Space in Basement
Parking
- Driveway
- On-Street Parking
Schools
- Abernethy Elementary School
- Hosford Middle School
- Cleveland High School
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Gas
- Mini Split Heat Pump
Additional Features
- Green Certified Home
- Covered Patio or Porch
- Accessory Dwelling Unit (ADU)
Community Details
- No Home Owners Association
- Richmond / Division Subdivision
Listing and Financial Details
- Assessor Parcel Number R277802
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2023
Closed on
Aug 30, 2023
Sold by
Tnw Fund Llc
Bought by
Renkosiak Kaitlin and Carlson David
Seller's Agent
Justin Leithem
Pellego, LLC
Buyer's Agent
Richard Wold
Reger Homes, LLC
List Price
$1,085,000
Sold Price
$960,000
Premium/Discount to List
-$125,000
-11.52%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,749
Avg. Annual Appreciation
1.22%
Original Mortgage
$943,350
Outstanding Balance
$926,304
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$58,222
Purchase Details
Listed on
Jul 6, 2023
Closed on
Jul 31, 2023
Sold by
Tnw Fund Llc
Bought by
Renkosiak Kaitlin and Carlson David
Seller's Agent
Justin Leithem
Pellego, LLC
Buyer's Agent
Richard Wold
Reger Homes, LLC
List Price
$1,085,000
Sold Price
$960,000
Premium/Discount to List
-$125,000
-11.52%
Views
92
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$943,350
Outstanding Balance
$926,304
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$58,222
Purchase Details
Listed on
Nov 11, 2020
Closed on
Mar 12, 2021
Sold by
Liggett Sabrina B and The Sacdalan Living Trust
Bought by
Tnw Fund Llc
Seller's Agent
Phuong Hart
Corcoran Prime
Buyer's Agent
Jordan Tietz
Kelly Right Real Estate of Portland, LLC
List Price
$1,000,000
Sold Price
$700,500
Premium/Discount to List
-$299,500
-29.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%
Purchase Details
Closed on
Jan 9, 2019
Sold by
Sacdalan Fernando F and Sacdalan Adela C
Bought by
Sacdalan Fernando F and Sacdalan Adela C
Purchase Details
Closed on
Feb 17, 2011
Sold by
Sacdalan Fernando F and Sacdalan Adela C
Bought by
Sacdalan Fernando F and Sacdalan Adela C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 31, 2000
Sold by
Sacdalan Fernando
Bought by
Sacdalan Fernando F and Sacdalan Adela C
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Renkosiak Kaitlin | $960,000 | Accommodation/Courtesy Recordi | |
| Renkosiak Kaitlin | $960,000 | First American Title | |
| Tnw Fund Llc | $700,500 | Chicago Title Company Of Or | |
| Sacdalan Fernando F | -- | None Available | |
| Sacdalan Fernando F | -- | Accommodation | |
| Sacdalan Fernando F | -- | First American | |
| Sacdalan Fernando F | -- | -- | |
| Sacdalan Fernando F | -- | -- | |
| Sacdalan Fernando F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Renkosiak Kaitlin | $943,350 | |
| Previous Owner | Sacdalan Fernando F | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2023 08/30/23 | Sold | $960,000 | -4.0% | $249 / Sq Ft |
| 07/29/2023 07/29/23 | Pending | -- | -- | -- |
| 07/17/2023 07/17/23 | Price Changed | $999,999 | -7.8% | $259 / Sq Ft |
| 07/09/2023 07/09/23 | For Sale | $1,085,000 | +13.0% | $281 / Sq Ft |
| 07/05/2023 07/05/23 | Off Market | $960,000 | -- | -- |
| 03/17/2021 03/17/21 | Sold | $700,500 | -30.0% | $181 / Sq Ft |
| 01/25/2021 01/25/21 | Pending | -- | -- | -- |
| 11/11/2020 11/11/20 | For Sale | $1,000,000 | -- | $259 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $9,779 | $365,490 | -- | -- |
| 2023 | $6,866 | $259,110 | $0 | $0 |
| 2022 | $6,717 | $251,570 | $0 | $0 |
| 2021 | $6,604 | $244,250 | $0 | $0 |
| 2020 | $6,058 | $237,140 | $0 | $0 |
| 2019 | $5,836 | $230,240 | $0 | $0 |
| 2018 | $5,664 | $223,540 | $0 | $0 |
| 2017 | $5,429 | $217,030 | $0 | $0 |
| 2016 | $4,968 | $210,710 | $0 | $0 |
| 2015 | $4,838 | $204,580 | $0 | $0 |
| 2014 | $4,765 | $198,630 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Leithem
-
Richard Wold
Buyer's Agent in 2023
Richard Wold
Reger Homes, LLC
(503) 545-0299
4 in this area
158 Total Sales
-
Phuong Hart
Seller's Agent in 2021
Phuong Hart
Corcoran Prime
(503) 321-2000
1 in this area
25 Total Sales
-
Nicole Curra
N
Seller Co-Listing Agent in 2021
Nicole Curra
Windermere Realty Trust
(512) 426-6766
1 in this area
43 Total Sales
-
Jordan Tietz
Buyer's Agent in 2021
Jordan Tietz
Kelly Right Real Estate of Portland, LLC
(503) 910-0889
2 in this area
50 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23453036
APN: R277802
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.
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.
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