NOT LISTED FOR SALE

2325 NE Flanders St Unit 4 Portland, OR 97232

Kerns Neighborhood

Estimated Value: $366,240 - $403,000

2 Beds
1 Bath
936 Sq Ft
$371/mo HOA Fee

Last Sold November 24, 2021

Last sale price $400,000 $427 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,923/month

9 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Party Room
  • Cleveland High School Rated A-
  • Mediterranean Architecture
  • Historic or Period Millwork

About This Home

As of November 2021

Historic Salerno condo with original 1920's architectural details, meticulously maintained. Hardwood floors throughout, coved ceilings, vintage fixtures, lots of natural light. Enchanting, serene, private courtyard w/pond. Gated and private, footsteps away from bustling streets with renowned restaurants, parks - a Walkscore of 93! HOA covers water, heat, sewer, trash, maintenance and more. Basement amenities include exercise room, laundry, storage and meeting/party room. Must see to appreciate!

Last Agent to Sell the Property

Barbara Kongsbak

Keller Williams PDX Central License #200107189 Listed on: 10/13/2021

Keller Williams PDX Central

Last Buyer's Agent

Veronica Park

Keller Williams Realty Portland Premiere License #940600208

Keller Williams Realty Portland Premiere

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,133

Year Built

  • Built in 1928

Lot Details

  • Gated Home

HOA Fees

  • $371 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 936 Sq Ft Home
  • 2-Story Property
  • Historic or Period Millwork
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Security Gate
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R264370

Community Details

Overview

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

Amenities

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

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,133

Year Built

Built in 1928

Lot Details

0

HOA Fees

$371 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1928
  • Property Condition: RegisterofHistoricHomes
  • Property Sub Type: Condominium
  • Architectural Style: MediterraneanMissionSpanish
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 19
  • CondominiumWasherDryer: PayforUse
  • Open House: No
  • Room 11 Features: HardwoodFloors
  • Room 12 Features: Coved,Fireplace,HardwoodFloors
  • Room 13 Features: Coved,HardwoodFloors
  • Room 7 Features: HardwoodFloors
  • Room 9 Features: HardwoodFloors
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Basement: FullBasement, PartiallyFinished, StorageSpace
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • 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
  • View: No
  • Lot Features: Commons, Gated
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Tile

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: SecurityGate
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: Commons, ExteriorMaintenance, Gated, Insurance, MaintenanceGrounds, Management, PartyRoom, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 371.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Laura E Broughan
  • 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 #: R264370

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 4132.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 15, 2021
Sold by
Henzel Megan G
Bought by
Mcdermott Rachel M
Seller's Agent
Barbara Kongsbak
Keller Williams PDX Central
Buyer's Agent
Veronica Park
Keller Williams Realty Portland Premiere
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Current Estimated Value
$388,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,940
Avg. Annual Appreciation
-0.95%
Original Mortgage
$350,000
Outstanding Balance
$326,928
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$59,675

Purchase Details

Closed on
Jul 5, 2012
Sold by
Maxwell Mathew J and Maxwell Ukiko
Bought by
Henzel Megan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Maxwell Matthew J
Bought by
Maxwell Mathew J and Maxwell Ukiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
King James J
Bought by
Maxwell Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,750
Interest Rate
5.69%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 8, 2003
Sold by
Bleakney Paul E and Bleakney Janet F
Bought by
King James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2001
Sold by
Bradway Kelly J
Bought by
Bleakney Paul E and Bleakney Janet F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.14%

Purchase Details

Closed on
Aug 1, 1997
Sold by
The Real Estate Firm Ltd
Bought by
Bradway Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,340
Interest Rate
7.58%
Source: Public Records

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Range of Values:

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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
Mcdermott Rachel M $400,000 Lawyers Title
Henzel Megan G $222,000 Lawyers Title
Maxwell Mathew J -- First American
Maxwell Matthew J $245,000 Fidelity Natl Title Co Of Or
King James $179,900 Pacific Nw Title
Bleakney Paul E $154,000 First American
Bradway Kelly J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Rachel M $350,000
Previous Owner Henzel Megan G $166,500
Previous Owner Maxwell Mathew J $185,000
Previous Owner Maxwell Matthew J $36,750
Previous Owner Maxwell Matthew J $196,000
Previous Owner King James $143,920
Previous Owner Bleakney Paul E $100,000
Previous Owner Bradway Kelly J $118,340
Closed King James $26,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $400,000 -3.6% $427 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $415,000 -- $443 / 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
2023 $4,684 $176,750 $0 $176,750
2022 $4,582 $171,610 $0 $0
2021 $4,505 $166,620 $0 $0
2020 $4,133 $161,770 $0 $0
2019 $3,981 $157,060 $0 $0
2018 $3,864 $152,490 $0 $0
2017 $3,703 $148,050 $0 $0
2016 $3,389 $143,740 $0 $0
2015 $3,300 $139,560 $0 $0
2014 $3,251 $135,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21011215

Regional Multiple Listing Service (RMLS)

APN: R264370