NOT LISTED FOR SALE

2405 SE Cora St Unit 2411 Portland, OR 97202

Brooklyn Neighborhood

Estimated Value: $536,000 - $676,000

4 Beds
4 Baths
2,958 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $660,000 $223 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,931/month

128 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Landscaped with Trees
  • Cleveland High School Rated A-
  • Corner Lot
  • Wood Siding

About This Home

As of December 2020

Centrally located craftsman duplex w/urban vibe is just a stone's throw from cafes, shops & just two miles to downtown PDX. These side-by-side units w/open loft-like floor plans drip w/ high-end lighting, opulent material choices & updated systems. Both flats have separate laundry space w/ high-ceilings + spacious 'flex' room. French doors lead from the kitchen to deck onto private patios. Each sanctuary is screened by swaying bamboo and multiple fruit trees. This home is a complete delight! A+

Last Agent to Sell the Property

Tracy Dau

Like Kind Realty License #200503478 Listed on: 06/25/2020

Co-Listed By

Chris Speth

Like Kind Realty License #960600070

Last Buyer's Agent

Melissa Dorman

Living Room Realty License #201222278

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,915

Year Built

  • Built in 1917

Lot Details

  • Corner Lot
  • Landscaped with Trees

Home Design

  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Outdoor Features

  • Deck

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

$5,915

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2958
  • Stories: 3
  • Year Built: 1917
  • Property Condition: Restored
  • Remarks Public: Centrally located craftsman duplex w/urban vibe is just a stone's throw from cafes, shops & just two miles to downtown PDX. These side-by-side units w/open loft-like floor plans drip w/ high-end lighting, opulent material choices & updated systems. Both flats have separate laundry space w/ high-ceilings + spacious 'flex' room. French doors lead from the kitchen to deck onto private patios. Each sanctuary is screened by swaying bamboo and multiple fruit trees. This home is a complete delight! A+
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SPANTONS ADD, BLOCK 4, LOT 20
  • Basement: Partial Basement
  • Storage: Basement

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Description: Off Site

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Hardwood Floors, Range

Schools

  • Elementary School: Grout
  • Middle School: Hosford
  • High School: Cleveland

Lot Info

  • Lot Description: Corner Lot, Trees
  • Zoning: R2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4060.93
  • Assessor Parcel Number: R274131
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 9.69

MLS Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Dec 1, 2020
Sold by
Wesley David Xavier and Anderson David W
Bought by
Mcphee Alexander and Mcphee John
Seller's Agent
Tracy Dau
Like Kind Realty
Buyer's Agent
Melissa Dorman
Living Room Realty
List Price
$679,900
Sold Price
$660,000
Premium/Discount to List
-$19,900
-2.93%
Total Days on Market
128
Current Estimated Value
$612,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,422
Avg. Annual Appreciation
-1.26%
Original Mortgage
$561,000
Outstanding Balance
$505,997
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$117,271

Purchase Details

Closed on
Sep 28, 2006
Sold by
Thompson George Murray
Bought by
Anderson David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,600
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2001
Sold by
Guthrie William S
Bought by
Thompson George Murray

Purchase Details

Closed on
Jul 27, 1995
Sold by
Eggert Julia L
Bought by
Guthrie William S and Colvin Ron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Portland, OR

  • 212 SW Hamilton St Unit 214, Portland, OR 97239

    $675,000

    • 5 Beds
    • 4 Baths
    • 2,508 Sq Ft
    • 212 SW Hamilton St
    • Unit 214
    • Portland, OR

    Fantastic Income producing duplex in prime Hamilton Heights Location! This beautifully maintained property offers two spacious units ideal for living in one and renting the other. Its also a great investment property or multi-generational living. The upper unit features 2 bedrooms and 2 bathrooms, a generous living room with fireplace, soaring ceilings, stunning wood paneling, and oversized

    Nick Shivers Keller Williams PDX Central

    Section Image
  • 1110 NE 60th Ave Unit 1114, Portland, OR 97213

    $779,900

    • 6 Beds
    • 6 Baths
    • 3,591 Sq Ft
    • 1110 NE 60th Ave
    • Unit 1114
    • Portland, OR

    Built as a Tri-Plex in 1973, New roof and New exterior paint. Located in Rose City Park, a block from the MAX and on a bus line, this convenient location has ready access to Mt Tabor, parks, dining, shopping and the airport. Includes 4 off street parking spots with possibility to expand to 8 spots with tandem parking. Lots to love about this Fully Rented Tri-Plex!

    Israel Hill John L. Scott Portland Central

    Section Image
  • 4840 NE 99th Ave, Portland, OR 97220

    $600,000

    • 6 Beds
    • 4 Baths
    • 1,974 Sq Ft
    • 4840 NE 99th Ave
    • Portland, OR

    *** POSSIBLE 100% FINANCING FOR OWNER OCCUPANT *** AMAZING OPPORTUNITY *** 8.65% CAP RATE *** Great cash flow property in very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available with as

    Jason Kennedy RE/MAX Equity Group

    Section Image
  • 3033 SE 19th Ave, Portland, OR 97202

    $740,000

    • 3 Beds
    • 3 Baths
    • 2,505 Sq Ft
    • 3033 SE 19th Ave
    • Portland, OR

    This property presents an opportunity for income with a traditional bungalow AND a detached building with a workshop and a modern ADU. It may be ideal for families with frequent visitors, those seeking a rental opportunity on-site, or two adults wishing to share property responsibilities or an artist who would prefer to have a shop on-site and not rent studio space. The workshop has potential for

    Linda Mlynski Corcoran Prime

    Section Image
  • 5105 5109 SE Tibbetts St, Portland, OR 97206

    $780,000

    • 5 Beds
    • 3 Baths
    • 3,420 Sq Ft
    • 5105 5109 SE Tibbetts St
    • Portland, OR

    Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.6% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history

    Michael Kafoury Urban Nest Realty

    Section Image
  • 7705 S Fulton Park Place, Portland, OR 97219

    $620,000

    • 3 Beds
    • 3 Baths
    • 1,312 Sq Ft
    • 7705 S Fulton Park Place
    • Portland, OR

    Separate living spaces! Contemporary "treehouse" on a woodsy lot with native plants on a secluded cul de sac just above John's Landing with access to shopping, coffee, restaurants, & river. 3 bedrooms, 3 full bathrooms on each level with tub/shower. Laundry room with washer/dryer on the main level. Sunny living room with gas fireplace insert, and SW-facing deck. Updated stainless steel appliances

    Scott McMahon MORE Realty

    Section Image
  • 2953 NE Glisan St, Portland, OR 97232

    $750,000

    • 3 Beds
    • 3 Baths
    • 2953 NE Glisan St
    • Portland, OR

    Fabulous location. Zoned CM2. Great opportunity. Would make a great owner occupied property. Occupy a unit and use another for a business and still have another rental? just some ideas. New roof, newer windows. Why Portland's Kerns is the coolest neighborhood in America right nowTime Out's on-the-ground experts named this supremely charming and walkable neighborhood the country's best.

    Martha Peterson Oregon First

    Section Image
  • 2536 NE Hoyt St Unit 2540, Portland, OR 97232

    $700,000

    • 5 Beds
    • 3 Baths
    • 2,194 Sq Ft
    • 2536 NE Hoyt St
    • Unit 2540
    • Portland, OR

    Check out the location of this triplex with incredible upside for your next investor. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. This triplex can be purchased with the identical triplex right next door - both on separate tax lots - for a total of 6 units. Both off street and on street parking. Some recent updates in the

    Chris Suarez Keller Williams Sunset Corridor

    Section Image
  • 2544 NE Hoyt St Unit 2548, Portland, OR 97232

    $700,000

    • 5 Beds
    • 3 Baths
    • 2,194 Sq Ft
    • 2544 NE Hoyt St
    • Unit 2548
    • Portland, OR

    Check out the location of this triplex with incredible upside for your next investor. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. This triplex can be purchased with the identical triplex right next door - both on separate tax lots - for a total of 6 units. Both off street and on street parking. Some recent updates in the

    Chris Suarez Keller Williams Sunset Corridor

    Section Image

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
Mcphee Alexander $660,000 First American
Anderson David W $257,000 Ticor Title Insurance Compan
Thompson George Murray $138,000 Chicago Title Insurance Co
Guthrie William S $93,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcphee Alexander $561,000
Previous Owner Anderson David W $189,000
Previous Owner Anderson David W $223,600
Previous Owner Guthrie William S $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $660,000 +1.7% $223 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $649,000 -4.5% $219 / Sq Ft
08/28/2020 08/28/20 For Sale $679,900 0.0% $230 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $679,900 -- $230 / 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 $5,915 $223,230 $0 $0
2022 $5,787 $216,730 $0 $0
2021 $5,689 $210,422 $0 $0
2020 $4,216 $165,020 $0 $0
2019 $4,061 $160,220 $0 $0
2018 $3,942 $155,560 $0 $0
2017 $3,778 $151,030 $0 $0
2016 $3,457 $146,640 $0 $0
2015 $3,367 $142,370 $0 $0
2014 $3,316 $138,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20038368

Regional Multiple Listing Service (RMLS)

APN: R274131