NOT LISTED FOR SALE

2338 SE Salmon St Unit 2340 Portland, OR 97214

Buckman Neighborhood

Estimated Value: $731,031 - $797,000

2 Beds
1 Bath
2,520 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $770,000 $306 Per Sq Ft

Current estimated payment $4,821/month

20 Days on Market

Highlights

  • Wood Flooring
  • Washer and Dryer
  • Wood Siding
  • Fireplace
  • Level Lot

About This Home

As of May 2022

Quintessential 1927 side-by-side duplex in the heart of SE Portland. Both adorable units are full of original charm & moldings, hardwood floors, wood-burning fireplaces. Room to expand w/separate 420 sq ft unfinished basements w/tall ceilings. Massive fenced, full sun backyard, dead end street, ADU potential. System upgrades: newer electrical panels, updated pex plumbing, seismic retrofit. Blocks to parks, trendy Belmont/Hawthorne shopping/restaurants, public transportation & bike boulevard!

Last Listed By

Leia Carlton

Portland's Alternative Inc., Realtors License #200404127 Listed on: 03/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,707

Year Built

  • Built in 1927

Lot Details

  • Level Lot

Home Design

  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,707

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2520
  • Stories: 3
  • Year Built: 1927
  • Property Condition: Existing
  • Remarks Public: Quintessential 1927 side-by-side duplex in the heart of SE Portland. Both adorable units are full of original charm & moldings, hardwood floors, wood-burning fireplaces. Room to expand w/separate 420 sq ft unfinished basements w/tall ceilings. Massive fenced, full sun backyard, dead end street, ADU potential. System upgrades: newer electrical panels, updated pex plumbing, seismic retrofit. Blocks to parks, trendy Belmont/Hawthorne shopping/restaurants, public transportation & bike boulevard!
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TILTONS ADD, BLOCK 13, LOT 9
  • Basement: Full Basement, Unfinished
  • Storage: Basement

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Fireplace, Hardwood Floors, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Sunnyside Env
  • Middle School: Sunnyside Env
  • High School: Franklin

Lot Info

  • Lot Description: Level
  • Zoning: R5
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score, Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 7
  • Green Verification HES Year: 2022

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 5917.99
  • Assessor Parcel Number: R287940
  • Tax Year: 2020

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 19.60

MLS Schools

  • Elementary School: Sunnyside Env
  • High School: Franklin
  • Middle School: Sunnyside Env

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 10, 2022
Sold by
Corvus Properties Llc
Bought by
Grein David and Smith Julia R
Seller's Agent
Leia Carlton
Portland's Alternative Inc., Realtors
Buyer's Agent
Maddie Merchant
Neighbors Realty
List Price
$775,000
Sold Price
$770,000
Premium/Discount to List
-$5,000
-0.65%
Total Days on Market
20
Current Estimated Value
$768,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,242
Avg. Annual Appreciation
-0.05%
Original Mortgage
$435,000
Outstanding Balance
$414,220
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$354,538

Purchase Details

Listed on
Oct 26, 2016
Closed on
Jan 26, 2017
Sold by
Alley Marcus T
Bought by
Corvus Properties Llc
Seller's Agent
Rich Burns
RE/MAX Equity Group
Buyer's Agent
Michael Henrickson
Realty First
List Price
$659,900
Sold Price
$659,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%

Purchase Details

Listed on
Oct 26, 2016
Closed on
Dec 14, 2016
Sold by
Walsh Kevin P
Bought by
Alley Marcus T
Seller's Agent
Rich Burns
RE/MAX Equity Group
Buyer's Agent
Michael Henrickson
Realty First
List Price
$659,900
Sold Price
$659,900

Purchase Details

Closed on
Oct 12, 2015
Sold by
Walsh Kevin P
Bought by
Walsh Kevin P and Walsh Kerry S

Purchase Details

Closed on
Jul 10, 2014
Sold by
Walsh Kevin P
Bought by
Walsh Kevin P and Walsh Bypass Trust

Purchase Details

Closed on
Dec 2, 2004
Sold by
Walsh Allan P
Bought by
Walsh Allan Patrick and Walsh Beverly Ann

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grein David $770,000 First American Title
Corvus Properties Llc -- None Available
Alley Marcus T $659,900 Fidelity Natl Title Oregon
Walsh Kevin P -- Fidelity Natl Title Of Or
Walsh Kevin P -- None Available
Walsh Kevin P -- Fidelity Natl Title Of Or
Walsh Kevin P -- None Available
Walsh Allan Patrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grein David $435,000
Previous Owner Alley Marcus T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $770,000 -0.6% $306 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $775,000 0.0% $308 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $775,000 +17.4% $308 / Sq Ft
12/21/2016 12/21/16 Sold $659,900 0.0% $262 / Sq Ft
11/20/2016 11/20/16 Pending -- -- --
10/26/2016 10/26/16 For Sale $659,900 -- $262 / 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 $6,707 $253,110 $0 $0
2022 $6,562 $245,740 $0 $0
2021 $6,451 $238,590 $0 $0
2020 $5,918 $231,650 $0 $0
2019 $5,701 $224,910 $0 $0
2018 $5,533 $218,360 $0 $0
2017 $5,303 $212,000 $0 $0
2016 $4,853 $205,830 $0 $0
2015 $4,726 $199,840 $0 $0
2014 $4,654 $194,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22132772

Regional Multiple Listing Service (RMLS)

APN: R287940