NOT LISTED FOR SALE

2406 SE 52nd Ave Unit 2412 Portland, OR 97206

South Tabor Neighborhood

Estimated Value: $739,000 - $1,124,115

5 Beds
3 Baths
4,299 Sq Ft
$212/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $795,000 $185 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,723/month

8 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • 4-minute walk to Clinton Park

About This Home

As of December 2016

This is an amazing 1954 originally built 4 plex with a value added bonus of CM zoning, which for residential developments, is only restricted by height. Each home features hardwood floors & forced air gas heat. Smart floor plans & good overall condition with some deferred maintenance. This 4300 sf building has a 1500 sf basement with individual storage lockers, excellent ceiling height and a coin op. laundry center.

Last Agent to Sell the Property

Joe Spanish

Windermere Realty Trust License #200205463 Listed on: 10/14/2016

Windermere Realty Trust

Last Buyer's Agent

Joe Spanish

Windermere Realty Trust License #200205463 Listed on: 10/14/2016

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,841

Year Built

  • Built in 1954

Lot Details

  • 8,712

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,841

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 4299
  • Year Built: 1954
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Partial Basement, Unfinished
  • Legal Description: SECTION 06 1S 2E, TL 20600 0.20 ACRES
  • Storage: Individual Storage Units, Basement

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Hardwood Floors, Storage

Lot Info

  • Zoning: CM

Tax Info

  • Tax Amount: 6228.89
  • Assessor Parcel Number: R332785

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 24.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 29, 2016
Sold by
Hutchins Anne K
Bought by
Brischetto Matthew S
Seller's Agent
Joe Spanish
Windermere Realty Trust
Buyer's Agent
Joe Spanish
Windermere Realty Trust
List Price
$849,800
Sold Price
$795,000
Premium/Discount to List
-$54,800
-6.45%
Current Estimated Value
$910,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,529
Avg. Annual Appreciation
1.59%
Original Mortgage
$596,250
Outstanding Balance
$311,962
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$598,567

Purchase Details

Closed on
Nov 29, 2000
Sold by
Moreland Stephen I
Bought by
Reiser David W and Hutchins Anne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 1997
Sold by
Zerfing James M
Bought by
Moreland Stephen I and Moreland Barbara T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 1996
Sold by
Zerfing James M
Bought by
Zerfing James M and Wirth Christie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Brischetto Matthew S $795,000 Lawyers
Hutchins Anne K -- Lawyers
Reiser David W $297,500 First American
Moreland Stephen I $220,000 Transnation Title Insurance
Zerfing James M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brischetto Matthew S $596,250
Previous Owner Reiser David $191,875
Previous Owner Reiser David W $222,000
Previous Owner Moreland Stephen I $165,000
Previous Owner Zerfing James M $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $795,000 -6.4% $185 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $849,800 -- $198 / 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 $8,841 $333,640 $0 $0
2022 $8,650 $323,930 $0 $0
2021 $8,503 $314,500 $0 $0
2020 $7,801 $305,340 $0 $0
2019 $7,514 $296,450 $0 $0
2018 $7,293 $287,820 $0 $0
2017 $6,990 $279,440 $0 $0
2016 $6,397 $271,310 $0 $0
2015 $6,229 $263,410 $0 $0
2014 $6,135 $255,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Spanish

    Seller's Agent in 2016

    Joe Spanish

    Windermere Realty Trust

    (503) 860-2805

    1 in this area

    113 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16662373

Regional Multiple Listing Service (RMLS)

APN: R332785

Oregon Multnomah County Portland 97206 South Tabor

2406 SE 52nd Ave Unit 2412, Portland, OR

This home is located at 2406 SE 52nd Ave Unit 2412, Portland, OR 97206 since 14 October 2016 and is currently estimated at $910,529, approximately $211 per square foot. This property was built in 1954. 2406 SE 52nd Ave Unit 2412 is a home located in Multnomah County with nearby schools including Atkinson Elementary School, Franklin High School, and St Ignatius School.

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