$582,400
SOLD OCT 7, 2024

2237 SE Main St Unit 2241 Portland, OR 97214

Buckman Neighborhood
-- Bed
-- Bath
2,597 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Forced Air Heating System
  • Cleveland High School Rated A-
  • Landscaped with Trees
  • 1 Car Garage

About This Home

As of October 2024

Sweet duplex with great bones and original charm aplenty. Enjoy the pantry for the gods and the oversized bathroom with clawfoot tub. Upgraded thermal windows throughout. Seamless conversion to a duplex in the '40's. Move right in to the the vacant 2 bedroom main floor flat, with rent already coming in from the 1 bedroom unit upstairs. The shared basement offers onsite laundry and lots of storage. The detached garage is awaiting your kayaks and bikes. This cutie patootie needs some love and updates. Dang, though, this location is the cat’s pajamas! Harkening back to Portland’s bohemian days of decades past.

Last Agent to Sell the Property

Bonnie Roseman

Living Room Realty License #910200104 Listed on: 09/06/2024

Living Room Realty

Last Buyer's Agent

Lora Smith

Redfin License #201219462

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,274

Year Built

  • Built in 1904

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 77x31
  • Level Lot
  • Landscaped with Trees

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,597 Sq Ft Home
  • 3-Story Property
  • Views of Woods

Unfinished 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
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R264398

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Buckman Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $12,957
  • Gross Income $36,600
  • Net Operating Income $23,643

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,274

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1904
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • PublicRemarksAmenities: Bikescore 97! 2 blocks to high frequency bus line. The perfect location to eat, drink and be merry year round!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, StorageSpace, Unfinished
  • Storage: Basement,Garage
  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, PublicRoad, Trees
  • Road Surface Type: Paved
  • Roof: Composition, Shingle
  • View: TreesWoods

Garage/Parking

  • Parking Description: Garage, OnStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas,Tank
  • Cooling Y N: No
  • Heating: ForcedAir, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry
  • Association: No
  • Neighborhood Features: Dining, bars, movies, parks, street fair

Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.05
  • Lot Size: 77X31
  • Lot Size Sq Ft: 2178.0
  • Parcel #: R264398

Green Features

  • Green Certification: No
  • Smart Home Features: None

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 6274.09
  • Tax Opportunity Zone: Yes

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.3
  • Annual Gross Income: 36600.0
  • Property Net Operating Income: 23643.0
  • Annual Operating Expense: 12957.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 4, 2024
Sold by
D E Bahr Trust and Bahr Darlene E
Bought by
Schwalbe Daniel Austin and Graf Erin
Seller's Agent
Bonnie Roseman
Living Room Realty
Buyer's Agent
Lora Smith
Redfin
List Price
$559,900
Sold Price
$582,400
Premium/Discount to List
$22,500
4.02%
Views
42
Current Estimated Value
$668,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,154
Avg. Annual Appreciation
16.82%
Original Mortgage
$553,280
Outstanding Balance
$550,215
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$118,617

Purchase Details

Closed on
Sep 24, 2015
Sold by
Bahr Darlene E
Bought by
Bahr Darlene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2014
Sold by
Advantage Equities 8191 Llc
Bought by
Bahr Darlene E and D E Bahr Trust

Purchase Details

Listed on
Jul 29, 2013
Closed on
Dec 20, 2013
Sold by
Hutchins Wade T
Bought by
Advantage Equities Llc 8191
Seller's Agent
Molly Starr
RE/MAX Equity Group
Buyer's Agent
Marilyn Frost
Windermere Realty Trust
List Price
$429,000
Sold Price
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Eastside Properties Llc
Bought by
Hutchins Wade T and Hutchins Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,250
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2006
Sold by
Miller Michele R and Schlichting Robert
Bought by
Eastside Properties Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $582,400 Wfg Title
Interfamily Deed Transfer -- First American
Warranty Deed -- None Available
Warranty Deed $429,000 Wfg Title
Warranty Deed $407,500 Pacific Nw Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $553,280 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $276,000 New Conventional
Previous Owner $285,250 Purchase Money Mortgage
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $582,400 +4.0% $224 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $559,900 +30.5% $216 / Sq Ft
12/20/2013 12/20/13 Sold $429,000 0.0% $165 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $429,000 -- $165 / 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 $6,525 $243,870 -- --
2023 $6,274 $236,770 $0 $0
2022 $6,138 $229,880 $0 $0
2021 $6,035 $223,190 $0 $0
2020 $5,536 $216,690 $0 $0
2019 $5,332 $210,380 $0 $0
2018 $5,176 $204,260 $0 $0
2017 $4,961 $198,320 $0 $0
2016 $4,540 $192,550 $0 $0
2015 $4,421 $186,950 $0 $0
2014 $4,354 $181,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24126870

Regional Multiple Listing Service (RMLS)

APN: R264398