NOT LISTED FOR SALE

2032 NE Buffalo St Unit 2034 Portland, OR 97211

Woodlawn Neighborhood

Estimated Value: $478,000 - $578,000

4 Beds
2 Baths
1,682 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $330,000 $196 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,316/month

35 Days on Market

Highlights

  • Baseboard Heating
  • Wood Siding
  • 1-Story Property
  • Woodlawn Elementary School Rated 9+

About This Home

As of August 2019

Charming NE Portland fully rented duplex. Close to downtown on a quiet street, these 2 bed 1 bath 816 square foot apartments will make a great long term investment or live in one side and offset your mortgage with the other! Newer Roof and 1 light remodeled unit.

Last Agent to Sell the Property

Benjamin Droukas

Windermere Realty Trust License #200401007 Listed on: 05/03/2019

Windermere Realty Trust

Co-Listed By

Bennet Van der Genugten

Keller Williams PDX Central License #201217502

Last Buyer's Agent

Troy Malone

Simple Realty Northwest License #201207842

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1972

Lot Details

  • 5,009

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,682 Sq Ft Home
  • 1-Story Property

Parking

  • Paved Parking
  • Assigned Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R201599

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,254
  • Gross Income $26,280
  • Net Operating Income $16,026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,571

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Paved
  • Attached Garage: No

Utilities

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

Lot Info

  • Zoning: R2
  • Parcel #: R201599

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 3570.63

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.56
  • Annual Gross Income: 26280.0
  • Property Net Operating Income: 16026.0
  • Annual Operating Expense: 10254.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 31, 2019
Sold by
Hopman Holdings Llc
Bought by
Hansen Amanda
Seller's Agent
Benjamin Droukas
Windermere Realty Trust
Buyer's Agent
Troy Malone
Simple Realty Northwest
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$549,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,616
Avg. Annual Appreciation
8.60%
Original Mortgage
$324,022
Outstanding Balance
$284,365
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$265,251

Purchase Details

Closed on
Oct 24, 2017
Sold by
Buffalo Street Plexes Llc
Bought by
Hopman Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Hansen Amanda $330,000 Lawyers Title
Hopman Holdings Llc -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Amanda $324,022
Previous Owner Hopman Holdings Llc $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2019 08/05/19 Sold $330,000 0.0% $196 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $330,000 0.0% $196 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $330,000 -- $196 / 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 $4,696 $175,530 -- --
2023 $4,516 $170,420 $0 $0
2022 $4,418 $165,460 $0 $0
2021 $4,344 $160,650 $0 $0
2020 $3,985 $155,980 $0 $0
2019 $3,838 $151,440 $0 $0
2018 $3,725 $147,030 $0 $0
2017 $3,571 $142,750 $0 $0
2016 $3,268 $138,600 $0 $0
2015 $3,182 $134,570 $0 $0
2014 $3,134 $130,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19200274

Regional Multiple Listing Service (RMLS)

APN: R201599