NOT LISTED FOR SALE

2405 SE 70th Ave Unit 2409 Portland, OR 97206

South Tabor Neighborhood

Estimated Value: $572,000 - $683,245

6 Beds
3 Baths
2,640 Sq Ft
$235/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $531,000 $201 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,024/month

20 Days on Market

About This Home

As of July 2017

Awesome opportunity for investor or multi family living situation. Solid renters. Located in the desirable Mt. Tabor neighborhood, this Triplex is close to shopping, dining, coffee or get a hike in at Mt Tabor Park. On a single lot of over 7.5 thousand feet, this property has so much to offer. Assigned, off street parking and super convenient for bicycle commuting.

Last Agent to Sell the Property

Melodie Thurman

Keller Williams PDX Central License #201005089 Listed on: 05/26/2017

Keller Williams PDX Central

Co-Listed By

Rich Ovitt

Keller Williams PDX Central License #201209737

Last Buyer's Agent

Chris Johnson

CORE, Realtors License #930700182

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,261

Year Built

  • Built in 1979

Lot Details

  • 7,579

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Crawl Space

Outdoor Features

  • Outdoor Storage

Schools

  • Atkinson Elementary School
  • Bridger Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 3 Units
  • Gross Income $35,400

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R234289

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,261

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1979
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Deck
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Disclosures: Exempt

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Atkinson
  • High School: Franklin
  • Middle Or Junior School: Bridger

Lot Info

  • Zoning: R2
  • Parcel #: R234289

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.83
  • Annual Gross Income: 35400.0

Tax Info

  • Tax Annual Amount: 6260.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 7, 2017
Sold by
Duncan Roy
Bought by
Nguyen Kieu Oanh and Kieu Oanh Nguyen Living Trust
Seller's Agent
Melodie Thurman
Keller Williams PDX Central
Buyer's Agent
Chris Johnson
CORE, Realtors
List Price
$524,900
Sold Price
$531,000
Premium/Discount to List
$6,100
1.16%
Current Estimated Value
$619,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,311
Avg. Annual Appreciation
1.89%
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
Nguyen Kieu Oanh $531,000 Wfg Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $531,000 +1.2% $201 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $524,900 -- $199 / 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 $8,999 $336,340 -- --
2023 $8,653 $326,550 $0 $0
2022 $8,466 $317,040 $0 $0
2021 $8,322 $307,810 $0 $0
2020 $7,635 $298,850 $0 $0
2019 $7,354 $290,150 $0 $0
2018 $7,138 $281,700 $0 $0
2017 $6,841 $273,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melodie Thurman

    Seller's Agent in 2017

    Melodie Thurman

    Keller Williams PDX Central

    (503) 984-4452

    150 Total Sales

    Melodie Thurman
    Section Image
  • Rich Ovitt

    Seller Co-Listing Agent in 2017

    Rich Ovitt

    Keller Williams PDX Central

    (503) 502-5812

    78 Total Sales

    Rich Ovitt
    Section Image
  • Chris Johnson

    Buyer's Agent in 2017

    Chris Johnson

    CORE, Realtors

    (971) 295-6164

    39 Total Sales

    Chris Johnson
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17592785

Regional Multiple Listing Service (RMLS)

APN: R234289

Oregon Multnomah County Portland 97206 South Tabor

2405 SE 70th Ave Unit 2409, Portland, OR

This home is located at 2405 SE 70th Ave Unit 2409, Portland, OR 97206 since 26 May 2017 and is currently estimated at $619,311, approximately $234 per square foot. This property was built in 1979. 2405 SE 70th Ave Unit 2409 is a home located in Multnomah County with nearby schools including Franklin High School, Portland Arthur Academy, and Grace Lutheran School.

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