NOT LISTED FOR SALE

2620 NE Flanders St Portland, OR 97232

Kerns Neighborhood

Estimated Value: $754,000 - $876,000

5 Beds
4 Baths
3,423 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $760,000 $222 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,010/month

3 Days on Market

Highlights

  • Wood Flooring
  • Views
  • High Speed Internet
  • Cleveland High School Rated A-
  • Washer and Dryer
  • Level Lot

About This Home

As of December 2021

Great rental/ owner occupied/ flexible duplex. THE HOTTEST NEIGHBORHOOD in town. Beautiful street minutes to Da Vinci or El Gaucho. Outstanding remodel. 2 great kitchens light bright, 2 furnaces, 2 sets of washer/dryers, 4 full bathrooms, quality appliances, slab and stainless. Big rooms with high ceilings. Full basement with additional potential and/or storage. Remodeled bathrooms with permits. Great cash flow. New outside paint

Last Agent to Sell the Property

Delia Slattery

John L. Scott License #910400239 Listed on: 11/17/2021

John L. Scott

Co-Listed By

Farangis Tavangary

John L. Scott License #880700087

Last Buyer's Agent

Chris Wiley

John L. Scott Portland Metro License #910400132

John L. Scott Portland Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,062

Year Built

  • Built in 1900

Lot Details

  • Level Lot

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Washer and Dryer
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,062

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3423
  • Stories: 2
  • Year Built: 1900
  • Property Condition: Approximately
  • Remarks Public: Great rental/ owner occupied/ flexible duplex. THE HOTTEST NEIGHBORHOOD in town. Beautiful street minutes to Da Vinci or El Gaucho. Outstanding remodel. 2 great kitchens light bright, 2 furnaces, 2 sets of washer/dryers, 4 full bathrooms, quality appliances, slab and stainless. Big rooms with high ceilings. Full basement with additional potential and/or storage. Remodeled bathrooms with permits. Great cash flow. New outside paint
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WYNKOOP VILLA, BLOCK 3, LOT 3
  • Basement: Full Basement
  • Storage: Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition
  • View: City
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: None

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Wireless

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Hardwood Floors, Microwave, Refrigerator, Washer/Dryer

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: multi
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Sewer

Tax Info

  • Tax Amount: 5143.15
  • Assessor Parcel Number: R313691
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.29

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Edison-Lahm Paul R and Edison-Lahm Shanti Athena
Bought by
Edison-Lahm Paul R and Edison-Lahm Shanti Athena
Current Estimated Value
$826,827

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 20, 2021
Sold by
Gupta Ashish and Pandita Cesarine
Bought by
Edison Lahm Paul R and Edison Lahm Shanti
Seller's Agent
Delia Slattery
John L. Scott
Buyer's Agent
Chris Wiley
John L. Scott Portland Metro
List Price
$774,900
Sold Price
$760,000
Premium/Discount to List
-$14,900
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%
Original Mortgage
$560,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2019
Closed on
Nov 21, 2019
Sold by
Neill Kimberlee W O
Bought by
Gupta Ashish and Pandita Cesarine
Seller's Agent
Erin Lile
Realty One Group Prestige
Buyer's Agent
Delia Slattery
John L. Scott
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.42%

Purchase Details

Closed on
Feb 16, 2016
Sold by
Neill Steven M O
Bought by
Neill Kimberlee W O
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
Edison-Lahm Paul R -- None Listed On Document
Edison Lahm Paul R $760,000 First American
Gupta Ashish $800,000 Fidelity National Ttl Of Or
Neill Kimberlee W O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edison Lahm Paul R $560,000
Previous Owner Neill Kimberlee W O $330,000
Previous Owner Neill Kimberlee W O $125,000
Previous Owner Oneill Steven M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $760,000 0.0% $222 / Sq Ft
12/23/2021 12/23/21 Sold $760,000 0.0% $222 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/20/2021 11/20/21 Pending -- -- --
11/17/2021 11/17/21 Price Changed $759,900 -1.9% $222 / Sq Ft
11/17/2021 11/17/21 For Sale $774,900 0.0% $226 / Sq Ft
11/04/2021 11/04/21 For Sale $774,900 0.0% $226 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/25/2021 10/25/21 Price Changed $774,900 -2.8% $226 / Sq Ft
10/08/2021 10/08/21 For Sale $797,000 +87.5% $233 / Sq Ft
01/04/2021 01/04/21 Sold $425,000 -7.6% $175 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $460,000 -42.5% $190 / Sq Ft
11/22/2019 11/22/19 Sold $800,000 -3.0% $234 / Sq Ft
11/10/2019 11/10/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $825,000 0.0% $241 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
10/10/2019 10/10/19 Price Changed $825,000 +32.0% $241 / Sq Ft
09/27/2019 09/27/19 For Sale $625,000 0.0% $182 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $625,000 -- $182 / 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 $6,062 $226,560 -- --
2023 $5,829 $219,970 $0 $0
2022 $5,703 $213,570 $0 $0
2021 $5,606 $207,350 $0 $0
2020 $5,143 $201,320 $0 $0
2019 $4,954 $195,460 $0 $0
2018 $6,700 $264,430 $0 $0
2017 $6,422 $256,730 $0 $0
2016 $5,877 $249,260 $0 $0
2015 $5,723 $242,000 $0 $0
2014 $5,636 $234,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21223849

Regional Multiple Listing Service (RMLS)

APN: R313691