NOT LISTED FOR SALE

2229 NE Weidler St Unit 2231 Portland, OR 97232

Sullivan's Gulch Neighborhood

Estimated Value: $746,670 - $803,000

3 Beds
2 Baths
2,704 Sq Ft
$286/Sq Ft Est. Value

Last Sold November 04, 2019

Last sale price $635,000 $235 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,743/month

78 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Property is near a bus stop
  • Irvington Elementary School Rated 10
  • Fireplace
  • Level Lot

About This Home

As of November 2019

Great income and super location on this side by side 1926 duplex. Near eateries and shops on NE Broadway. Nice character. Hardwood floors, fireplaces and high ceilings, updated windows. 2 BR unit kit/bath recently remodeled. Nice condition and layout. Single oversize garage goes to the 2BR unit; off street parking pad included with the 1 BR unit. Backyard deck, great for summer BBQ's.

Last Agent to Sell the Property

Katherine Whitney

RE/MAX Equity Group License #900300358 Listed on: 07/12/2019

RE/MAX Equity Group

Last Buyer's Agent

Marc Rogers

Township Properties Real Estate LLC License #910700060

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,525

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 5,009

Parking

  • Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Window Treatments
  • Wood Flooring
  • Unfinished Basement
  • Basement Storage
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Level Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Property managed by Mainlander Properties/Kaitlan

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,525

Year Built

Built in 1926 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2704
  • Stories: 2
  • Year Built: 1926
  • Property Condition: Updated/Remodeled
  • Remarks Public: Great income and super location on this side by side 1926 duplex. Near eateries and shops on NE Broadway. Nice character. Hardwood floors, fireplaces and high ceilings, updated windows. 2 BR unit kit/bath recently remodeled. Nice condition and layout. Single oversize garage goes to the 2BR unit; off street parking pad included with the 1 BR unit. Backyard deck, great for summer BBQ's.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: JOHN IRVINGS 1ST ADD, BLOCK 8, W 1/2 OF LOT 5, E 1/2 OF LOT 6
  • Basement: Unfinished, Storage Space
  • 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: 3
  • Parking Description: Detached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Management Name: Mainlander Properties/Kaitlan
  • Management Phone: 503-635-4477
  • Unit Features: Dishwasher, Fireplace, Hardwood Floors, Refrigerator, Window Coverings

Schools

  • Elementary School: Irvington
  • Middle School: Harriet Tubman
  • High School: Grant

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: R2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 5969.18
  • Assessor Parcel Number: R193052
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.39

MLS Schools

  • Elementary School: Irvington
  • High School: Grant
  • Middle School: Harriet Tubman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Nov 1, 2019
Sold by
Finklea Edward A and Finklea Erin K
Bought by
Flaa Mark S and Flaa Jessica M
Seller's Agent
Katherine Whitney
RE/MAX Equity Group
Buyer's Agent
Marc Rogers
Township Properties Real Estate LLC
List Price
$659,950
Sold Price
$635,000
Premium/Discount to List
-$24,950
-3.78%
Current Estimated Value
$773,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,168
Avg. Annual Appreciation
3.39%
Original Mortgage
$330,300
Outstanding Balance
$291,155
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$482,013

Purchase Details

Closed on
Oct 23, 2014
Sold by
Smith Shoumei
Bought by
Finklea Edward A and Finklea Erin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2010
Sold by
Vernier Peter J
Bought by
Smith Shoumei

Purchase Details

Closed on
Jul 21, 1998
Sold by
Mccready Michelle and Mccready Michelle L
Bought by
Graves Gina Galluzzo and Vernier Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
7.01%

Purchase Details

Closed on
Oct 6, 1995
Sold by
Mccready Gary L
Bought by
Mccready Gary L and Mccready Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,200
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Flaa Mark S $635,000 First American
Finklea Edward A $509,000 Stewart Title
Smith Shoumei $168,250 Fidelity Natl Title Co Of Or
Smith Shoumei $168,250 Fidelity National Title Co
Graves Gina Galluzzo $169,000 Chicago Title Insurance Co
Mccready Gary L -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flaa Mark S $330,300
Previous Owner Finklea Edward A $343,500
Previous Owner Graves Gina Galluzzo $152,100
Previous Owner Mccready Gary L $116,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2019 11/04/19 Sold $635,000 -2.3% $235 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $649,950 -1.5% $240 / Sq Ft
07/12/2019 07/12/19 For Sale $659,950 -- $244 / 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 $7,525 $281,260 -- --
2023 $7,236 $273,070 $0 $0
2022 $7,079 $265,120 $0 $0
2021 $6,959 $257,400 $0 $0
2020 $6,384 $249,910 $0 $0
2019 $6,150 $242,640 $0 $0
2018 $5,969 $235,580 $0 $0
2017 $5,721 $228,720 $0 $0
2016 $5,236 $222,060 $0 $0
2015 $5,098 $215,600 $0 $0
2014 $4,662 $194,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katherine Whitney

    Seller's Agent in 2019

    Katherine Whitney

    RE/MAX

    (503) 803-0062

    25 Total Sales

    Katherine Whitney
    Section Image

  • M

    Buyer's Agent in 2019

    Marc Rogers

    Township Properties Real Estate LLC

    (503) 703-0964

    10 Total Sales

    Marc Rogers
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19408113

Regional Multiple Listing Service (RMLS)

APN: R193052

Oregon Multnomah County Portland 97212 Sullivan's Gulch

2229 NE Weidler St Unit 2231, Portland, OR

This home is located at 2229 NE Weidler St Unit 2231, Portland, OR 97232 since 12 July 2019 and is currently estimated at $773,168, approximately $285 per square foot. This property was built in 1926. 2229 NE Weidler St Unit 2231 is a home located in Multnomah County with nearby schools including Irvington Elementary School, Harriet Tubman Middle School, and Jefferson High School.

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