NOT LISTED FOR SALE

2224 NE Flanders St Unit 2226 Portland, OR 97232

Kerns Neighborhood

Estimated Value: $623,000 - $688,000

3 Beds
2 Baths
2,466 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $570,000 $231 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,017/month

5 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Siding
  • Cleveland High School Rated A-
  • Gated Home

About This Home

As of December 2022

Highly desirable close in location. Across from Albertina Kerr inthe kerns neighborhood. Off street parking. 18x17 garage. Fencedbackyard area. Separate Washer, dryer and storage area's. Separate forced air gas furnaces and water heaters. Many updates to include kitchen and bathes. New 1" water line in 95',Electrical upgrade 94',cooper plumbing in 95'. Perfect forthe owner-occupied purchaser.

Last Agent to Sell the Property

Barry McMenamin

Lakestar, LLC License #780203849 Listed on: 10/07/2022

Last Buyer's Agent

Reese Iris

Windermere Realty Trust License #200210121

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,781

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • Gated Home
  • Sloped Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 2,466 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Basement Storage

Schools

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

Utilities

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

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R144505

Community Details

Overview

  • 2 Units
  • Kerns Subdivision

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,781

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1923
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, PartialBasement, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding,LapSiding,ManMade,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Gated, Sloped
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Detached, Paved
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • 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: R1
  • Parcel #: R144505

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 5781.42

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 38.19
  • Annual Gross Income: 14400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Oct 13, 2022
Sold by
Montgomery Mitchell
Bought by
Johnstone Emma L H
Seller's Agent
Barry McMenamin
Lakestar, LLC
Buyer's Agent
Reese Iris
Windermere Realty Trust
List Price
$549,950
Sold Price
$570,000
Premium/Discount to List
$20,050
3.65%
Views
16
Current Estimated Value
$656,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,720
Avg. Annual Appreciation
5.11%
Original Mortgage
$533,577
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2002
Sold by
Montgomery Charles E
Bought by
Montgomery Mitchell
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
Johnstone Emma L H $570,000 First American Title
Montgomery Mitchell $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnstone Emma L H $533,577
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2022 12/05/22 Sold $570,000 +3.6% $231 / Sq Ft
10/07/2022 10/07/22 For Sale $549,950 -- $223 / 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 $6,251 $233,640 -- --
2023 $6,011 $226,840 $0 $0
2022 $5,881 $220,240 $0 $0
2021 $5,781 $213,830 $0 $0
2020 $5,304 $207,610 $0 $0
2019 $5,109 $201,570 $0 $0
2018 $4,959 $195,700 $0 $0
2017 $4,752 $190,000 $0 $0
2016 $4,349 $184,470 $0 $0
2015 $4,235 $179,100 $0 $0
2014 $4,171 $173,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Barry McMenamin

    Lakestar, LLC

    (503) 288-6357

    1 in this area

    15 Total Sales

    Barry McMenamin
    Section Image
  • Reese Iris

    Buyer's Agent in 2022

    Reese Iris

    Windermere Realty Trust

    (503) 539-1143

    1 in this area

    74 Total Sales

    Reese Iris
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22012716

Regional Multiple Listing Service (RMLS)

APN: R144505

Oregon Multnomah County Portland 97232 Kerns

2224 NE Flanders St Unit 2226, Portland, OR

This home is located at 2224 NE Flanders St Unit 2226, Portland, OR 97232 since 07 October 2022 and is currently estimated at $656,720, approximately $266 per square foot. This property was built in 1923. 2224 NE Flanders St Unit 2226 is a home located in Multnomah County with nearby schools including Buckman Elementary School, Hosford Middle School, and Cleveland High School.

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