NOT LISTED FOR SALE

2610 E Burnside St Unit 2612 Portland, OR 97214

Buckman Neighborhood

Estimated Value: $654,000 - $864,000

2 Beds
3 Baths
3,150 Sq Ft
$240/Sq Ft Est. Value

Last Sold September 30, 2023

Last sale price $600,000 $190 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,593/month

5 Days on Market

Highlights

  • Property is near a bus stop
  • Forced Air Heating and Cooling System
  • Level Lot
  • Sunnyside Environmental School Rated 9+
  • High Speed Internet
  • Lap Siding

About This Home

As of September 2023

Great close in multifamily in popular Portland neighborhood. Near Laurelhurst park and restaurants. Owner has recently renovated upper floor with new sheetrock & all new finishes, upgraded lighting ,new bathroom kitchen. Upper level can be converted to a third unit. units have original hardwood floors. Main 2 units have working fireplaces. Tons of character charm and character. projected rents $7,200 per month or more.

Last Agent to Sell the Property

Patrick Williams

Windermere Realty Trust Brokerage Email: Bridgeport@windermere.com License #941200013 Listed on: 08/18/2023

Windermere Realty Trust

Last Buyer's Agent

Patrick Williams

Windermere Realty Trust Brokerage Email: Bridgeport@windermere.com License #941200013 Listed on: 08/18/2023

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,575

Year Built

  • Built in 1911

Lot Details

  • 1,873

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Level Lot
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R158645

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $60,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,575

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1911
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: None
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: cs
  • Parcel #: R158645

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6575.43

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.15
  • Annual Gross Income: 60000.0
  • Property Net Operating Income: 60000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 28, 2023
Sold by
Kim Anthony S
Bought by
Williams Patrick and Williams Amy Elizabeth
Seller's Agent
Patrick Williams
Windermere Realty Trust
Buyer's Agent
Patrick Williams
Windermere Realty Trust
List Price
$669,000
Sold Price
$600,000
Premium/Discount to List
-$69,000
-10.31%
Views
4
Current Estimated Value
$756,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,424
Avg. Annual Appreciation
15.02%
Original Mortgage
$420,000
Interest Rate
7.09%
Mortgage Type
New Conventional
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
Williams Patrick $600,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Patrick $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2023 09/30/23 Sold $600,000 -10.3% $190 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $669,000 -- $212 / 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 $6,989 $261,230 -- --
2023 $6,989 $253,630 $0 $0
2022 $6,575 $246,250 $0 $0
2021 $6,464 $239,080 $0 $0
2020 $5,930 $232,120 $0 $0
2019 $5,712 $225,360 $0 $0
2018 $5,544 $218,800 $0 $0
2017 $5,314 $212,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Patrick Williams

    Windermere Realty Trust

    (360) 921-5661

    2 in this area

    96 Total Sales

    Patrick Williams
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23366244

Regional Multiple Listing Service (RMLS)

APN: R158645

Oregon Multnomah County Portland 97214 Buckman

2610 E Burnside St Unit 2612, Portland, OR

This home is located at 2610 E Burnside St Unit 2612, Portland, OR 97214 since 18 August 2023 and is currently estimated at $756,424, approximately $240 per square foot. This property was built in 1911. 2610 E Burnside St Unit 2612 is a home located in Multnomah County with nearby schools including Sunnyside Environmental School, Franklin High School, and Le Monde French Immersion Public Charter 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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