NOT LISTED FOR SALE

2423 NE Everett St Unit 2425 Portland, OR 97232

Kerns Neighborhood

Estimated Value: $813,000 - $1,000,000

4 Beds
2 Baths
4,034 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $995,500 $247 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,618/month

2 Days on Market

Highlights

  • 4 Car Attached Garage
  • 90% Forced Air Heating System
  • Level Lot
  • Cleveland High School Rated A-
  • High Speed Internet
  • Lap Siding

About This Home

As of October 2022

Excellent high-end duplex opportunity. Perfect for multi gen. or owner occupied investor looking to live right! Rents in the area for this type of property are between $3-$4k per/mo. per unit. Think short or mid-term rentals, exec. housing, VRBO or AirBNB. The owners unit upgrades are exquisite. Easy to show/vacant & no deferred maintenance! Plans to make the upstairs bedroom into a luxurious primary suite are completed. Private, fenced back yard to play or entertain. Walk-score 97

Last Agent to Sell the Property

Peter Jameson

J Residential Properties License #200204424 Listed on: 09/16/2022

Co-Listed By

Erin Maher

J Residential Properties License #201205719

Last Buyer's Agent

Peter Jameson

J Residential Properties License #200204424 Listed on: 09/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,126

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • Level Lot

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,034 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

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

Utilities

  • No Cooling
  • 90% Forced Air Heating System
  • Heating System Uses Gas
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R265705

Community Details

Overview

  • 2 Units
  • Kerns Subdivision

Building Details

  • Operating Expense $17,456
  • Gross Income $47,280
  • Net Operating Income $29,823

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,126

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1955
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, StorageSpace, Unfinished
  • Storage: Basement,Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter, Slab
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, GarageDoorOpener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R2.5
  • Parcel #: R265705

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 7125.98

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 21.06
  • Annual Gross Income: 47280.0
  • Property Net Operating Income: 29823.0
  • Annual Operating Expense: 17456.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 6, 2022
Sold by
Gm Everett Duplex Llc
Bought by
Yang Carolyn B and Davidson Jesse D
Seller's Agent
Peter Jameson
J Residential Properties
Buyer's Agent
Peter Jameson
J Residential Properties
List Price
$995,500
Sold Price
$995,500
Views
5
Current Estimated Value
$908,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,572
Avg. Annual Appreciation
-3.10%
Original Mortgage
$746,625
Outstanding Balance
$716,892
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$192,036

Purchase Details

Closed on
Mar 10, 2016
Sold by
Zdanys Vytautas
Bought by
Gm Everett Duplex Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,500
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2008
Sold by
Pinas Espigule Maribel
Bought by
Zdanys Vytautas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2005
Sold by
Cross Donna R
Bought by
Pinas Espigule Maribel and Zdanys Vytautas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 2005
Sold by
Cross Donna R
Bought by
Cross Donna R

Purchase Details

Closed on
Dec 9, 1997
Sold by
Oskochil Laureen
Bought by
Savage Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
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
Yang Carolyn B $995,500 Wfg Title
Gm Everett Duplex Llc $722,000 First American
Zdanys Vytautas $210,000 Pacific Nw Title
Pinas Espigule Maribel $302,158 Chicago Title Insurance Co
Cross Donna R -- --
Savage Michael $53,855 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Carolyn B $746,625
Previous Owner Gm Everett Duplex Llc $541,500
Previous Owner Zdanys Vytautas $356,225
Previous Owner Zdanys Vytautas $355,400
Previous Owner Zdanys Vytautas $368,000
Previous Owner Pinas Espigule Maribel $60,400
Previous Owner Pinas Espigule Maribel $241,726
Previous Owner Savage Michael $170,000
Previous Owner Savage Michael $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $995,500 0.0% $247 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $995,500 -- $247 / 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 $7,988 $298,540 -- --
2023 $7,681 $289,850 $0 $0
2022 $7,249 $271,460 $0 $0
2021 $7,126 $263,560 $0 $0
2020 $6,537 $255,890 $0 $0
2019 $6,297 $248,440 $0 $0
2018 $6,112 $241,210 $0 $0
2017 $5,858 $234,190 $0 $0
2016 $5,361 $227,370 $0 $0
2015 $5,220 $220,750 $0 $0
2014 $5,142 $214,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Jameson

    Seller's Agent in 2022

    Peter Jameson

    J Residential Properties

    (503) 407-1526

    1 in this area

    120 Total Sales

    Peter Jameson
    Section Image

  • E

    Seller Co-Listing Agent in 2022

    Erin Maher

    J Residential Properties

    (503) 407-1526

    1 in this area

    87 Total Sales

    Erin Maher
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22278151

Regional Multiple Listing Service (RMLS)

APN: R265705

Oregon Multnomah County Portland 97232 Kerns

2423 NE Everett St Unit 2425, Portland, OR

This home is located at 2423 NE Everett St Unit 2425, Portland, OR 97232 since 16 September 2022 and is currently estimated at $908,928, approximately $225 per square foot. This property was built in 1955. 2423 NE Everett St Unit 2425 is a home located in Multnomah County with nearby schools including Buckman Elementary School, Hosford Middle School, and Cleveland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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