NOT LISTED FOR SALE

2440 SE 152nd Ave Unit 2442 Portland, OR 97233

Centennial Neighborhood

Estimated Value: $390,000 - $433,000

4 Beds
2 Baths
1,218 Sq Ft
$337/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $384,000 $315 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,532/month

13 Days on Market

Highlights

  • Private Lot
  • Landscaped with Trees
  • Green Certified Home
  • Detached Garage
  • Baseboard Heating
  • Lap Siding

About This Home

As of June 2022

Great investment duplex in Parklane neighborhood on .24 acre, w/ strong rental history & professionally managed. Each unit has 2 BD / 1 BA w/ LVP flooring, updated kitchen, washer/dryer, off-street parking. Huge yard and double detached garage. Rent both units or just one & live on-site. Or develop w/ RM1 zoning. EZ access to restaurants, shopping, Powell Butte, I-205. Do not walk property or disturb tenants. Call listing agent for details. Seller is licensed Oregon broker. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10201110]

Last Agent to Sell the Property

Deanna Wray

Premiere Property Group, LLC License #201221998 Listed on: 04/23/2022

Premiere Property Group, LLC

Last Buyer's Agent

Karen Wehrman

Fiv Realty License #200509168

Fiv Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • Private Lot
  • Landscaped with Trees

Parking

  • Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,218 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Eco-Friendly Details

  • Green Certified Home

Schools

  • Parklane Elementary School
  • Centennial High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R331741

Community Details

Overview

  • 2 Units
  • Centennial Subdivision
  • Property managed by Performance Property Inc.

Building Details

  • Operating Expense $9,250
  • Gross Income $32,265
  • Net Operating Income $23,015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,104

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1955
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Private, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Detached, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Performance Property Inc.

Schools

  • Elementary School: Parklane
  • High School: Centennial
  • Middle Or Junior School: Other

Lot Info

  • Zoning: RM1
  • Parcel #: R331741

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4103.53

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.37
  • Annual Gross Income: 32265.0
  • Property Net Operating Income: 23015.0
  • Annual Operating Expense: 9250.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Perez Frank J Ramirez and Ramirez Carolina T
Bought by
Torres Matthew Ramirez
Current Estimated Value
$410,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,965
Outstanding Balance
$421,700
Interest Rate
6.09%
Mortgage Type
VA
Estimated Equity
-$11,458

Purchase Details

Listed on
Apr 23, 2022
Closed on
Jun 10, 2022
Sold by
Keshmira Mcvey
Bought by
Perez Frank J Ramirez and Ramirez Carolina T
Seller's Agent
Deanna Wray
Premiere Property Group, LLC
Buyer's Agent
Karen Wehrman
Fiv Realty
List Price
$399,000
Sold Price
$384,000
Premium/Discount to List
-$15,000
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Original Mortgage
$288,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2012
Closed on
Apr 30, 2012
Sold by
Clark Maureen Marie
Bought by
Mcvey Scott and Mcvey Keshmira
Seller's Agent
Brent Maxson
Keller Williams PDX Central
Buyer's Agent
Lisa Hamilton
Hamilton Realty
List Price
$140,000
Sold Price
$100,000
Premium/Discount to List
-$40,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
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
Torres Matthew Ramirez $417,000 First American Title
Perez Frank J Ramirez $384,000 First American Title
Mcvey Scott $100,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Matthew Ramirez $425,965
Previous Owner Perez Frank J Ramirez $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2022 06/14/22 Sold $384,000 -3.8% $315 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $399,000 +299.0% $328 / Sq Ft
04/27/2012 04/27/12 Sold $100,000 -28.6% $82 / Sq Ft View Prior Sale
03/14/2012 03/14/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $140,000 -- $115 / 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 $4,356 $190,640 -- --
2023 $4,356 $185,090 $0 $0
2022 $4,068 $179,700 $0 $0
2021 $4,104 $174,470 $0 $0
2020 $3,659 $169,390 $0 $0
2019 $3,521 $164,460 $0 $0
2018 $3,403 $159,670 $0 $0
2017 $3,279 $155,020 $0 $0
2016 $3,162 $150,510 $0 $0
2015 $2,829 $146,130 $0 $0
2014 $2,685 $141,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deanna Wray

    Seller's Agent in 2022

    Deanna Wray

    Premiere Property Group, LLC

    (503) 730-1997

    1 in this area

    39 Total Sales

    Deanna Wray
    Section Image

  • K

    Buyer's Agent in 2022

    Karen Wehrman

    Fiv Realty

    (971) 506-3239

    1 in this area

    18 Total Sales

    Karen Wehrman
    Section Image
  • Brent Maxson

    Seller's Agent in 2012

    Brent Maxson

    Keller Williams PDX Central

    (503) 720-1931

    31 Total Sales

    Brent Maxson
    Section Image
  • Lisa Hamilton

    Buyer's Agent in 2012

    Lisa Hamilton

    Hamilton Realty

    (503) 970-0076

    36 Total Sales

    Lisa Hamilton
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22160847

Regional Multiple Listing Service (RMLS)

APN: R331741

Oregon Multnomah County Portland 97233 Centennial

2440 SE 152nd Ave Unit 2442, Portland, OR

This home is located at 2440 SE 152nd Ave Unit 2442, Portland, OR 97233 since 23 April 2022 and is currently estimated at $410,242, approximately $336 per square foot. This property was built in 1955. 2440 SE 152nd Ave Unit 2442 is a home located in Multnomah County with nearby schools including Parklane Elementary School, Centennial Middle School, and Centennial 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.

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