NOT LISTED FOR SALE

2640 SE 81st Ave Portland, OR 97206

South Tabor Neighborhood

Estimated Value: $500,000 - $551,000

4 Beds
2 Baths
2,480 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $475,000 $192 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,148/month

Highlights

  • RV Access or Parking
  • 1 Fireplace
  • Private Yard
  • Wood Flooring
  • Corner Lot
  • Porch

About This Home

As of July 2021

Opportunity awaits in this large home on a corner lot in the heart of S. Tabor's Jade District! This 4bed, 2bath home is zoned commercial mixed use(CM2) which allows for retail & office space as well as residential & multi-dwelling development up to 4 stories. The large shop/garage is perfect for any hobby, behind the shop is ample space for RV parking, gardens or a chicken coop. This home is mere steps away from the busline. Buyer to do all due diligence regarding sq ft and lot designations. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10190970]

Last Agent to Sell the Property

Micah Nowack

Kelly Right Real Estate of Portland, LLC License #200609221 Listed on: 05/13/2021

Kelly Right Real Estate of Portland, LLC

Last Buyer's Agent

Xiao Tang

Xiao Tang License #200406248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,662

Year Built

  • Built in 1941

Lot Details

  • Corner Lot
  • Private Yard
  • Property is zoned CM2

Parking

  • Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,662

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 2 Story
  • Sq Ft Calculated: 1490
  • Sq Ft Approximate Total: 2480
  • Stories: 2
  • Year Built: 1941
  • Property Condition: Resale
  • Remarks Public: Opportunity awaits in this large home on a corner lot in the heart of S. Tabor's Jade District! This 4bed, 2bath home is zoned commercial mixed use(CM2) which allows for retail & office space as well as residential & multi-dwelling development up to 4 stories. The large shop/garage is perfect for any hobby, behind the shop is ample space for RV parking, gardens or a chicken coop. This home is mere steps away from the busline. Buyer to do all due diligence regarding sq ft and lot designations. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10190970]
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: 4th Bedroom
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Wood Floors
  • Kitchen Appliances: Dishwasher, Free-Standing Refrigerator
  • Legal Description: EASTLEIGH, BLOCK 2, LOT 18
  • Sq Ft Lower Level: 990
  • Sq Ft Main Level: 990
  • Upper Level Sq Ft: 500
  • Bedrooms: 4
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Basement: Full Basement, Unfinished
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: 4th Bedroom,On Level: Upper
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Porch, Yard
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • R V Description: RV Parking
  • Additional Structure Supplement: No
  • Road Surface: Concrete

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, RV Access/Parking

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Internet Service Type: Cable

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Bridger
  • Middle School: Bridger
  • High School: Franklin

Lot Info

  • Lot Description: Corner Lot
  • Acres: 0.14
  • Zoning: CM2
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 3
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10190970
  • Green Verification HES Year: 2021

Tax Info

  • Tax Amount: 3955.19
  • Assessor Parcel Number: R152099
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Bridger
  • High School: Franklin
  • Middle School: Bridger

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 25, 2021
Sold by
Weaver John S
Bought by
Ma Jian Zhuang and Huang Xi Mei
Seller's Agent
Micah Nowack
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Xiao Tang
Xiao Tang
List Price
$480,000
Sold Price
$475,000
Premium/Discount to List
-$5,000
-1.04%
Current Estimated Value
$522,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,405
Avg. Annual Appreciation
1.81%
Original Mortgage
$330,383
Outstanding Balance
$303,001
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$209,157

Purchase Details

Closed on
Jul 18, 2006
Sold by
Waterman Bryn A
Bought by
Weaver John S
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
Ma Jian Zhuang $475,000 First American Title
Weaver John S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Jian Zhuang $330,383
Previous Owner Weaver John S $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $475,000 -1.0% $192 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $480,000 -- $194 / 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 $4,662 $174,230 -- --
2023 $4,483 $169,160 $0 $0
2022 $4,386 $164,240 $0 $0
2021 $4,311 $159,460 $0 $0
2020 $3,955 $154,820 $0 $0
2019 $3,810 $150,320 $0 $0
2018 $3,698 $145,950 $0 $0
2017 $3,544 $141,700 $0 $0
2016 $3,244 $137,580 $0 $0
2015 $3,159 $133,580 $0 $0
2014 $3,111 $129,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Micah Nowack

    Seller's Agent in 2021

    Micah Nowack

    Kelly Right Real Estate of Portland, LLC

    (503) 544-6693

    1 in this area

    14 Total Sales

    Micah Nowack
    Section Image
  • Xiao Tang

    Buyer's Agent in 2021

    Xiao Tang

    Xiao Tang

    (971) 998-2121

    1 in this area

    13 Total Sales

    Xiao Tang
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21207271

Regional Multiple Listing Service (RMLS)

APN: R152099

Oregon Multnomah County Portland 97206 South Tabor

2640 SE 81st Ave, Portland, OR

This home is located at 2640 SE 81st Ave, Portland, OR 97206 since 13 May 2021 and is currently estimated at $522,405, approximately $210 per square foot. This property was built in 1941. 2640 SE 81st Ave is a home located in Multnomah County with nearby schools including Franklin High School, Portland Arthur Academy, and Grace Lutheran 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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