NOT LISTED FOR SALE

2325 NE Flanders St Unit 1 Portland, OR 97232

Kerns Neighborhood

Estimated Value: $355,257 - $424,000

2 Beds
1 Bath
963 Sq Ft
$409/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $396,000 $411 Per Sq Ft

Current estimated payment $2,903/month

95 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Corner Lot
  • Cleveland High School Rated A-
  • Mediterranean Architecture
  • Quartz Countertops

About This Home

As of June 2020

The Salerno, A Spanish style gem designed by Architect Carl Linde. This meticulously restored townhouse/condo has unmatched elegance. Hardwoods, coved high ceilings, wrought ironwork, Living room with cozy gas stove. 1920's tiled bath with coved tub and period fixtures. Remodeled kitchen. Master bedroom with alcove and two walk-in closets. Direct view of one of the most enchanting courtyards in the city. Secure garage. Separate bike/storage/meeting/exercise spaces. The perfect urban location

Last Agent to Sell the Property

Aladin Marashly

Windermere Realty Trust License #940200211 Listed on: 02/25/2020

Windermere Realty Trust

Last Buyer's Agent

Gavin Shettler

Redfin License #201103091

Redfin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,027

Year Built

  • Built in 1928

Lot Details

  • 0.4

HOA Fees

  • $361 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Deeded Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 963 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Storage

Kitchen

  • Free-Standing Range
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Intercom Access
  • Security Lights

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Wall Furnace
  • Hot Water Heating System
  • Gas Available
  • Gas Water Heater
  • Municipal Trash

Additional Features

  • Outdoor Water Feature
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number R264367

Community Details

Overview

  • 19 Units
  • Salerno Condominium HOA, Phone Number (503) 654-0118
  • Kerns Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Meeting Room
  • Coin Laundry
  • Community Storage Space

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,027

Year Built

Built in 1928

Lot Details

0

HOA Fees

$361 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1928
  • Property Condition: Approximately
  • Property Sub Type: Condominium
  • Architectural Style: MediterraneanMissionSpanish
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 19
  • CondominiumWasherDryer: PayforUse
  • Open House: No
  • Room 12 Features: Coved,Fireplace,HardwoodFloors
  • Room 13 Features: HardwoodFloors
  • Room 7 Features: HardwoodFloors
  • Room 9 Features: Coved,Formal,HardwoodFloors
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: GarageDoorOpener, HardwoodFloors, TileFloor
  • Basement: StorageSpace
  • Appliances: FreeStandingRange, FreeStandingRefrigerator, Quartz
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Stove
  • Fireplace: Yes
  • Stories: 3
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.0
  • BathroomsTotalUpperLevel: 1.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: SecurityLights, WaterFeature
  • View: No
  • Lot Features: CornerLot, Gated
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Tile

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Deeded
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingSpaceNo: F

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Security: IntercomEntry
  • Cooling Y N: No
  • Heating: WallFurnace, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: Townhouse
  • Association Amenities: Commons, ExteriorMaintenance, Gas, HotWater, MaintenanceGrounds, Management, MeetingRoom, Sewer, Trash, Water
  • Association Fee: 361.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: James Vermillion
  • CondominiumAssociationName: Salerno Condominium HOA
  • CondominiumAssociationPhone: 503-654-0118
  • CondominiumAssociationURLYN: No

Schools

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

Lot Info

  • Parcel #: R264367

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4026.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
May 29, 2020
Sold by
Hann Christian A and Christine A Hann Trust
Bought by
Craw Asher Z and Craw Lillie J
Seller's Agent
Aladin Marashly
Windermere Realty Trust
Buyer's Agent
Gavin Shettler
Redfin
List Price
$425,000
Sold Price
$396,000
Premium/Discount to List
-$29,000
-6.82%
Current Estimated Value
$394,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,936
Avg. Annual Appreciation
0.13%
Original Mortgage
$336,600
Outstanding Balance
$301,644
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$97,110

Purchase Details

Closed on
Apr 22, 2011
Sold by
Hann Christine A and Hann Forrest F
Bought by
Hann Christine A and Christine A Hann Trust

Purchase Details

Closed on
Aug 2, 2002
Sold by
Kegley Melody A and Vance Candace
Bought by
Hann Forrest F and Hann Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.52%

Purchase Details

Closed on
Feb 4, 2000
Sold by
Hoffman William S
Bought by
Kegley Melody A and Vance Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
8.06%

Purchase Details

Closed on
Jun 3, 1997
Sold by
The Real Estate Firm Ltd
Bought by
Hoffman William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,250
Interest Rate
8.08%
Source: Public Records

Range of Values:

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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
Craw Asher Z $396,000 Wfg Title
Hann Christine A -- None Available
Hann Forrest F $175,000 --
Kegley Melody A $159,900 Pacific Nw Title
Hoffman William S $144,093 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craw Asher Z $336,600
Previous Owner Hann Forrest F $99,242
Previous Owner Hann Forrest F $120,000
Previous Owner Kegley Melody A $127,900
Previous Owner Hoffman William S $115,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $396,000 -6.8% $411 / Sq Ft
02/24/2020 02/24/20 For Sale $425,000 -- $441 / 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 $4,927 $184,150 -- $184,150
2023 $4,738 $178,790 $0 $178,790
2022 $4,635 $173,590 $0 $0
2021 $4,557 $168,540 $0 $0
2020 $4,181 $163,640 $0 $0
2019 $4,027 $158,880 $0 $0
2018 $3,909 $154,260 $0 $0
2017 $3,746 $149,770 $0 $0
2016 $3,428 $145,410 $0 $0
2015 $3,339 $141,180 $0 $0
2014 $3,288 $137,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Aladin Marashly

    Windermere Realty Trust

    (503) 781-2098

    3 in this area

    22 Total Sales

    Aladin Marashly
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20081073

Regional Multiple Listing Service (RMLS)

APN: R264367

Oregon Multnomah County Portland 97232 Kerns

2325 NE Flanders St Unit 1, Portland, OR

This home is located at 2325 NE Flanders St Unit 1, Portland, OR 97232 since 25 February 2020 and is currently estimated at $394,064, approximately $409 per square foot. This property was built in 1928. 2325 NE Flanders St Unit 1 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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