NOT LISTED FOR SALE

2227 SE Tibbetts St Portland, OR 97202

Hosford-Abernethy Neighborhood

Estimated Value: $900,000 - $963,000

5 Beds
3 Baths
3,191 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $930,000 $291 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,912/month

15 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Views
  • Abernethy Elementary School Rated 10
  • Double Pane Windows
  • 4-minute walk to Powell Park

About This Home

As of September 2021

Updates, charm & the perfect location: this is a great opportunity for an owner occupant or an investor. Live in the main house & earn over $30k/yr on the ADU or rent both. Main floor has a spacious layout with multiple living spaces & the upper floor has the impossible to find 3 bedroom??layout. 2 bedroom lower level unit with separate systems for Air BnB or long term tenants. New roof, new exterior paint, AC, gourmet kitchen, newer wood clad windows, blown-in insulation, 95% efficient furnace.

Last Agent to Sell the Property

David Abrams

Think Real Estate License #201208841 Listed on: 07/07/2021

Think Real Estate

Last Buyer's Agent

Kevin Smallbeck

RE/MAX Equity Group License #981000145

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,036

Year Built

  • Built in 1904 | Remodeled

Lot Details

  • 4,356

Home Design

  • Wood Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Furnished
  • Double Pane Windows
  • Wood Flooring
  • Washer and Dryer
  • Property Views

Basement

  • Exterior Basement Entry
  • Apartment Living Space in Basement
  • Basement Storage

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Energy-Efficient Insulation
  • Landscaped with Trees

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,036

Year Built

Built in 1904 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3191
  • Stories: 3
  • Year Built: 1904
  • Property Condition: Updated/Remodeled
  • Remarks Public: Updates, charm & the perfect location: this is a great opportunity for an owner occupant or an investor. Live in the main house & earn over $30k/yr on the ADU or rent both. Main floor has a spacious layout with multiple living spaces & the upper floor has the impossible to find 3 bedroom??layout. 2 bedroom lower level unit with separate systems for Air BnB or long term tenants. New roof, new exterior paint, AC, gourmet kitchen, newer wood clad windows, blown-in insulation, 95% efficient furnace.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MOULTON & SCOBEYS SUB, BLOCK 1, LOT 10
  • Basement: Exterior Entry, Separate Living Quarters/Apartment/Aux Living Unit, Storage Space
  • Storage: Basement

Exterior Features

  • Exterior Description: Shake Siding, Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • View: Seasonal
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Utilities

  • Energy Efficiency Features: Zoned, Insulation and Ceiling Insulation, Forced Air - 95+%, Double Pane Windows
  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air - 95+%

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Furnished, Hardwood Floors, Refrigerator, Washer/Dryer, Air Conditioning

Schools

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

Lot Info

  • Lot Description: Trees
  • Zoning: R2.5
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 3
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10138959
  • Green Verification HES Year: 2019

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 8514.60
  • Assessor Parcel Number: R221379
  • Tax Year: 2020

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 7, 2021
Closed on
Aug 30, 2021
Sold by
Hammond Jesse R and Lee Yoonjung
Bought by
Walsh Colin and Bowen Courtney
Seller's Agent
David Abrams
Think Real Estate
Buyer's Agent
Kevin Smallbeck
RE/MAX Equity Group
List Price
$930,000
Sold Price
$930,000
Current Estimated Value
$938,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,734
Avg. Annual Appreciation
0.23%
Original Mortgage
$697,500
Outstanding Balance
$635,126
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$303,608

Purchase Details

Listed on
Mar 1, 2019
Closed on
Apr 16, 2019
Sold by
Ryan Kerry S and Gummer Kevin C
Bought by
Hammond Jesse R and Lee Yoonjung
Seller's Agent
Holly Hummel
MORE Realty
Buyer's Agent
Hope Beraka
Think Real Estate
List Price
$849,000
Sold Price
$855,000
Premium/Discount to List
$6,000
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$726,525
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2015
Sold by
Ryan Kerry S
Bought by
Ryan Kerry S and Gummer Kevin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2013
Sold by
Ryan Kerry S
Bought by
Ryan Kerry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,300
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2004
Sold by
Axelrod Daniel H
Bought by
Kusnetz Sam J and Silva Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2001
Sold by
Engel Karen E
Bought by
Montague John P

Purchase Details

Closed on
May 12, 1998
Sold by
Micciche Raymond P and Micciche Virginia R
Bought by
Engel Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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
Walsh Colin $930,000 First American Title
Hammond Jesse R $855,000 Wfg National Title
Ryan Kerry S -- First American
Ryan Kerry S -- First American
Kusnetz Sam J $358,000 Fidelity Natl Title Co Of Or
Montague John P $230,000 Chicago Title Insurance Co
Engel Karen E $176,900 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Colin $92,000
Open Walsh Colin $697,500
Previous Owner Hammond Jesse R $726,525
Previous Owner Ryan Kerry S $400,000
Previous Owner Ryan Kerry S $40,000
Previous Owner Ryan Kerry S $286,300
Previous Owner Kusnetz Sam J $286,400
Previous Owner Engel Karen E $159,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $930,000 0.0% $291 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $930,000 +8.8% $291 / Sq Ft
04/19/2019 04/19/19 Sold $855,000 +0.7% $274 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $849,000 -- $272 / 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 $10,036 $375,090 -- --
2023 $9,650 $364,170 $0 $0
2022 $9,441 $353,570 $0 $0
2021 $9,281 $343,280 $0 $0
2020 $8,515 $333,290 $0 $0
2019 $8,202 $323,590 $0 $0
2018 $7,961 $314,170 $0 $0
2017 $7,630 $305,020 $0 $0
2016 $6,982 $296,140 $0 $0
2015 $6,799 $287,520 $0 $0
2014 -- $251,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Abrams

    Seller's Agent in 2021

    David Abrams

    Think Real Estate

    (503) 816-7167

    5 in this area

    130 Total Sales

    David Abrams
    Section Image
  • Kevin Smallbeck

    Buyer's Agent in 2021

    Kevin Smallbeck

    RE/MAX

    (503) 351-4989

    1 in this area

    157 Total Sales

    Kevin Smallbeck
    Section Image
  • Holly Hummel

    Seller's Agent in 2019

    Holly Hummel

    MORE Realty

    (503) 516-8962

    12 Total Sales

    Holly Hummel
    Section Image
  • Hope Beraka

    Buyer's Agent in 2019

    Hope Beraka

    Think Real Estate

    (503) 679-9243

    6 in this area

    170 Total Sales

    Hope Beraka
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21191024

Regional Multiple Listing Service (RMLS)

APN: R221379

Oregon Multnomah County Portland 97202 Hosford-Abernethy

2227 SE Tibbetts St, Portland, OR

This home is located at 2227 SE Tibbetts St, Portland, OR 97202 since 07 July 2021 and is currently estimated at $938,734, approximately $294 per square foot. This property was built in 1904. 2227 SE Tibbetts St 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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