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.
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
DateNameOwned ForOwner Type
Nov 2021 - PresentArn Dustin J3 Years and 7 Months
Private Individual
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%
Total Days on Market
52
Current Estimated Value
$774,040
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,040
Avg. Annual Appreciation
1.28%
Original Mortgage
$661,500
Outstanding Balance
$613,604
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$155,120
Nov 2009 - Nov 2021Knudsen William R and Knudsen Nancy12 Years
Private Individual
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
Mar 2007 - Nov 2009Golden Donald E and Casterline Edith A2 Years and 8 Months
Private Individual
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
Mar 2004 - Mar 2007Burnett Jon D and Burnett Christina M3 Years
Private Individual
Purchase Details
Closed on
Mar 19, 2004
Sold by
Burnett Jon D
Bought by
Burnett Jon D and Burnett Christina M
May 1999 - Mar 2004Burnett Jon4 Years and 10 Months
Private Individual
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.
Fantastic Income producing duplex in prime Hamilton Heights Location! This beautifully maintained property offers two spacious units ideal for living in one and renting the other. Its also a great investment property or multi-generational living. The upper unit features 2 bedrooms and 2 bathrooms, a generous living room with fireplace, soaring ceilings, stunning wood paneling, and oversized
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The wait is over! Exceptional, well-maintained Craftsman duplex in one of Portland’s most sought-after neighborhoods. Ideally located just steps from Little T Baker, Clinton Street Theater, and Piccolo Park.Each spacious unit offers 2 bedrooms and 1 bathroom, generous kitchen/dining areas, charming entryways, and private porches. South-facing orientation floods the interiors with natural light.
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LAST HOME AVAILABLE! Fantastic Live/Rent option or rent both units! This exquisite new Craftsman features 3 bedrooms and 2 1/2 baths in the primary home, plus an additional 2 bedrooms, full bath, and full kitchen in a lower-level ADU with a separate entrance. Quality construction, sensible design, and stunning finishes set this home above the rest! This home is flooded with natural light and
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Michael BeirwagenBerkshire Hathaway HomeServices NW Real Estate
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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
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
$79,300
Open
Arn Dustin J
$661,500
Previous Owner
Knudsen William R
$308,000
Previous Owner
Golden Donald E
$264,750
Previous Owner
Burnett Jon D
$75,000
Previous Owner
Burnett Jon D
$219,000
Previous Owner
Burnett Jon
$84,000
Closed
Burnett Jon
$96,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
12/13/202112/13/21
Sold
$735,000
0.0%
$309 / Sq Ft
11/29/202111/29/21
Pending
--
--
--
10/25/202110/25/21
Off Market
$735,000
--
--
10/18/202110/18/21
Pending
--
--
--
10/08/202110/08/21
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 AssessmentTax 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.
This home is located at 2709 SE 28th Ave Unit 2711, Portland, OR 97202 since 08 October 2021 and is currently estimated at $774,040, approximately $325 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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