NOT LISTED FOR SALE

2021 SE 12th Ave Portland, OR 97214

Hosford-Abernethy Neighborhood

Estimated Value: $488,208 - $552,000

3 Beds
2 Baths
1,480 Sq Ft
$356/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $390,000 $264 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,104/month

91 Days on Market

Highlights

  • Wood Flooring
  • Home Security System
  • Level Lot
  • Abernethy Elementary School Rated 10
  • Property is near a bus stop
  • 4-minute walk to Ladd Circle Park

About This Home

As of October 2019

Vintage Fixer duplex in Hosford Abernathy on an R1 zoned lot with excellent potential to redevelop excess land into more units. Absolutely ideal location in one of the most walkable, bike-able, and desired areas in all of Portland. Proposed zoning change to RM2 in early 2020, increased density! Property to be sold as a portfolio with neighboring property, RMLS 19520633 or close on same date.

Last Agent to Sell the Property

Nick Krautter

City and State Real Estate License #200601292 Listed on: 07/05/2019

Co-Listed By

Jordan Fezler

Apex Residential License #201225534

Last Buyer's Agent

Chris Dawkins

Keller Williams PDX Central License #200604236

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,530

Year Built

  • Built in 1895

Lot Details

  • 5,009

Parking

  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Home Security System

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Level Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,530

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1480
  • Stories: 2
  • Year Built: 1895
  • Remarks Public: Vintage Fixer duplex in Hosford Abernathy on an R1 zoned lot with excellent potential to redevelop excess land into more units. Absolutely ideal location in one of the most walkable, bike-able, and desired areas in all of Portland. Proposed zoning change to RM2 in early 2020, increased density! Property to be sold as a portfolio with neighboring property, RMLS 19520633 or close on same date.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: STEPHENS ADD, BLOCK 126, LOT 6
  • Basement: Full Basement, Exterior Entry
  • Storage: Basement

Exterior Features

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

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Open

Utilities

  • Fuel Description: Oil
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Security: Security System

Condo/Co-op/Association

  • Unit Features: Hardwood Floors

Schools

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

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: R1

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4552.50
  • Assessor Parcel Number: R276156
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Oct 22, 2019
Sold by
2021 Se 12Th Avenue Llc
Bought by
Delmas Capital Llc
Seller's Agent
Nick Krautter
City and State Real Estate
Buyer's Agent
Chris Dawkins
Keller Williams PDX Central
List Price
$500,000
Sold Price
$390,000
Premium/Discount to List
-$110,000
-22%
Current Estimated Value
$527,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,302
Avg. Annual Appreciation
4.19%

Purchase Details

Closed on
May 3, 2004
Sold by
Day Steve T
Bought by
2021 Se 12Th Ave Llc

Purchase Details

Closed on
Jan 12, 2004
Sold by
Reed William C
Bought by
Day Steve T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 1995
Sold by
Reed William C and Reed William
Bought by
Lundberg Reed Lydia
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
Delmas Capital Llc $390,000 Old Republic Title
2021 Se 12Th Ave Llc -- --
Day Steve T $195,000 Pacific Nw Title
Lundberg Reed Lydia -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2021 Se 12Th Avenue Llc $328,250
Previous Owner 2021 Se 12Th Avenue Llc $174,000
Previous Owner Day Steve T $156,000
Previous Owner Reed William C $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $390,000 -20.0% $264 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
09/16/2019 09/16/19 Price Changed $487,500 -2.5% $329 / Sq Ft
07/05/2019 07/05/19 For Sale $500,000 -- $338 / 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
2024 $3,530 $131,930 $131,930 --
2023 $3,530 $128,090 $128,090 $0
2022 $3,321 $124,360 $0 $0
2021 $3,264 $120,740 $0 $0
2020 $4,870 $190,610 $0 $0
2019 $4,691 $185,060 $0 $0
2018 $4,553 $179,670 $0 $0
2017 $4,363 $174,440 $0 $0
2016 $3,993 $169,360 $0 $0
2015 $3,888 $164,430 $0 $0
2014 $3,814 $159,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nick Krautter

    City and State Real Estate

    Section Image
  • Jordan Fezler

    Seller Co-Listing Agent in 2019

    Jordan Fezler

    Apex Residential

    (503) 309-6003

    1 in this area

    56 Total Sales

    Jordan Fezler
    Section Image
  • Chris Dawkins

    Buyer's Agent in 2019

    Chris Dawkins

    Keller Williams PDX Central

    (503) 444-9039

    1 in this area

    110 Total Sales

    Chris Dawkins
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19106558

Regional Multiple Listing Service (RMLS)

APN: R276156

Oregon Multnomah County Portland 97214 Hosford-Abernethy

2021 SE 12th Ave, Portland, OR

This home is located at 2021 SE 12th Ave, Portland, OR 97214 since 05 July 2019 and is currently estimated at $527,302, approximately $356 per square foot. This property was built in 1895. 2021 SE 12th 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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