NOT LISTED FOR SALE

2709 SE 28th Ave Unit 2711 Portland, OR 97202

Hosford-Abernethy Neighborhood

Estimated Value: $739,000 - $858,000

5 Beds
3 Baths
2,379 Sq Ft
$339/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $735,000 $309 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,964/month

Highlights

  • Deck
  • Corner Lot
  • Parking Storage or Cabinetry
  • Abernethy Elementary School Rated 10
  • Fireplace
  • 1-minute walk to Piccolo Park

About This Home

As of December 2021

In prime location & super nice condition. Owner purchased w/non-conforming 3rd unit & has used that unit for a 2nd home. 2 units are vacant. The other 2 bed 1 bath unit updated this past year after tenant moved out & remained vacant. This property features 2 garages, 2 additional parking spaces, lots of storage. Corner lot near excellent restaurants & shopping. Lease was just signed on one unit. New Roof at a cost of $22k! and all current tenants are/ will be vacated by 1/1/2022.

Last Agent to Sell the Property

Scott Besaw

Stellar Realty Northwest License #200404394 Listed on: 10/08/2021

Last Buyer's Agent

Brian Migliaccio

Premiere Property Group, LLC License #201215488

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,007

Year Built

  • Built in 1979

Lot Details

  • 5,009

Home Design

  • Wood Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • Fireplace
  • Finished Basement
  • Partial Basement
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Parking

  • Garage
  • Parking Storage or Cabinetry

Additional Features

  • Deck
  • Corner Lot
  • Electric Water Heater

Community Details

  • 3 Units
  • Property managed by CO-list Pete Bailey

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,007

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1979
  • Property Condition: Existing
  • Remarks Public: In prime location & super nice condition. Owner purchased w/non-conforming 3rd unit & has used that unit for a 2nd home. 2 units are vacant. The other 2 bed 1 bath unit updated this past year after tenant moved out & remained vacant. This property features 2 garages, 2 additional parking spaces, lots of storage. Corner lot near excellent restaurants & shopping. Lease was just signed on one unit. New Roof at a cost of $22k! and all current tenants are/ will be vacated by 1/1/2022.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: EAST PORTLAND HTS, BLOCK 19, LOT 1
  • Basement: Finished, Partial Basement
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: None

Condo/Co-op/Association

  • Management Name: CO-list Pete Bailey
  • Management Phone: 428-218-3542
  • Unit Features: Deck, Dishwasher, Disposal, Fireplace, Microwave, Washer/Dryer

Schools

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

Lot Info

  • Lot Description: Corner Lot
  • Zoning: R2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6793.25
  • Assessor Parcel Number: R150945
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 33.10

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Dec 10, 2021
Sold by
Knudsen Nancy
Bought by
Arn Dustin J
Seller's Agent
Scott Besaw
Stellar Realty Northwest
Buyer's Agent
Brian Migliaccio
Premiere Property Group, LLC
List Price
$699,900
Sold Price
$735,000
Premium/Discount to List
$35,100
5.02%
Current Estimated Value
$807,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,273
Avg. Annual Appreciation
2.49%
Original Mortgage
$661,500
Outstanding Balance
$608,650
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$198,623

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 8, 2021
Sold by
Knudsen Nancy
Bought by
Arn Dustin J
Seller's Agent
Scott Besaw
Stellar Realty Northwest
Buyer's Agent
Brian Migliaccio
Premiere Property Group, LLC
List Price
$699,900
Sold Price
$735,000
Premium/Discount to List
$35,100
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,500
Outstanding Balance
$608,650
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$198,623

Purchase Details

Closed on
Nov 13, 2009
Sold by
Golden Donald E
Bought by
Knudsen William R and Knudsen Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2007
Sold by
Burnett Jon D
Bought by
Golden Donald E and Casterline Edith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,750
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
Burnett Jon D
Bought by
Burnett Jon D and Burnett Christina M

Purchase Details

Closed on
May 12, 1999
Sold by
Galbasini Delores C
Bought by
Burnett Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage
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
Arn Dustin J $735,000 Wfg Title
Arn Dustin J $735,000 Wfg Title
Knudsen William R $440,000 Pacific Nw Title Of Or Inc
Golden Donald E $353,000 Security Title
Burnett Jon D -- Lawyers Title Ins
Burnett Jon $180,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arn Dustin J $661,500
Closed Arn Dustin J $661,500
Previous Owner Knudsen William R $308,000
Previous Owner Golden Donald E $264,750
Previous Owner Burnett Jon $84,000
Closed Burnett Jon $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $735,000 0.0% $309 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
10/25/2021 10/25/21 Off Market $735,000 -- --
10/18/2021 10/18/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $699,900 -- $294 / 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 $8,007 $299,260 -- --
2023 $8,007 $290,550 $0 $0
2022 $7,532 $282,090 $0 $0
2021 $7,405 $273,880 $0 $0
2020 $6,793 $265,910 $0 $0
2019 $6,543 $258,170 $0 $0
2018 $6,351 $250,660 $0 $0
2017 $6,087 $243,360 $0 $0
2016 $5,571 $236,280 $0 $0
2015 $5,425 $229,400 $0 $0
2014 $5,343 $222,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Besaw

    Seller's Agent in 2021

    Scott Besaw

    Stellar Realty Northwest

    1 in this area

    63 Total Sales

    Scott Besaw
    Section Image
  • Brian Migliaccio

    Buyer's Agent in 2021

    Brian Migliaccio

    Premiere Property Group, LLC

    (503) 757-5125

    3 in this area

    103 Total Sales

    Brian Migliaccio
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21104177

Regional Multiple Listing Service (RMLS)

APN: R150945

Oregon Multnomah County Portland 97202 Hosford-Abernethy

2709 SE 28th Ave Unit 2711, Portland, OR

This home is located at 2709 SE 28th Ave Unit 2711, Portland, OR 97202 since 08 October 2021 and is currently estimated at $807,273, approximately $339 per square foot. This property was built in 1979. 2709 SE 28th Ave Unit 2711 is a home located in Multnomah County with nearby schools including Abernethy Elementary School, Hosford Middle School, and Cleveland High School.

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