NOT LISTED FOR SALE

2840 SE 131st Ave Unit 2842 Portland, OR 97236

Powellhurst-Gilbert Neighborhood

Estimated Value: $558,000 - $639,348

6 Beds
3 Baths
2,966 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $528,500 $178 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,687/month

About This Home

As of June 2021

Incredible opportunity to own a fully remodeled duplex that lives like a single family. This home features a new roof, all new windows, and full top to bottom remodels inside including designer kitchens w/ granite counters and SS appliances. The larger unit is vacant and features 4 bedrooms, in unit washer and dryer, private back yard and private garage. The smaller unit is occupied by tenants who wish to stay. Offset your mortgage with rents and move into this beauty today.

Last Agent to Sell the Property

Sean Robbins

eXp Realty LLC License #201206043 Listed on: 03/20/2021

eXp Realty LLC

Last Buyer's Agent

Xiao Tang

Xiao Tang License #200406248

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,395

Year Built

  • Built in 1983

Lot Details

  • 0.29

Home Design

  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Kitchen

  • Range
  • Dishwasher

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Crawl Space

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes electricity, trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,395

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1983
  • Property Condition: Approximately
  • Remarks Public: Incredible opportunity to own a fully remodeled duplex that lives like a single family. This home features a new roof, all new windows, and full top to bottom remodels inside including designer kitchens w/ granite counters and SS appliances. The larger unit is vacant and features 4 bedrooms, in unit washer and dryer, private back yard and private garage. The smaller unit is occupied by tenants who wish to stay. Offset your mortgage with rents and move into this beauty today.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 11 1S 2E, TL 2100 0.29 ACRES
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Lincoln Park
  • Middle School: Ron Russell
  • High School: David Douglas

Lot Info

  • Zoning: R5

Rental Info

  • Rent Includes: Electricity, Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4786.24
  • Assessor Parcel Number: R334590
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.80

MLS Schools

  • Elementary School: Lincoln Park
  • High School: David Douglas
  • Middle School: Ron Russell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
May 13, 2021
Sold by
Turk Investments Llc
Bought by
Lei Rong Zhao and Xu Cui Xin
Seller's Agent
Sean Robbins
eXp Realty LLC
Buyer's Agent
Xiao Tang
Xiao Tang
List Price
$537,500
Sold Price
$528,500
Premium/Discount to List
-$9,000
-1.67%
Current Estimated Value
$594,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,337
Avg. Annual Appreciation
3.55%
Original Mortgage
$39,000
Interest Rate
2.9%
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
Lei Rong Zhao $528,500 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lei Rong Zhao $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $528,500 -1.7% $178 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $537,500 -- $181 / 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 $6,395 $268,080 -- --
2023 $6,118 $260,280 $0 $0
2022 $5,799 $252,700 $0 $0
2021 $5,457 $234,740 $0 $0
2020 $4,944 $227,910 $0 $0
2019 $4,786 $221,280 $0 $0
2018 $4,639 $214,840 $0 $0
2017 $4,468 $208,590 $0 $0
2016 $4,350 $202,520 $0 $0
2015 $4,246 $196,630 $0 $0
2014 $4,072 $190,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Robbins

    Seller's Agent in 2021

    Sean Robbins

    eXp Realty LLC

    (949) 220-9251

    13 in this area

    242 Total Sales

    Sean Robbins
    Section Image
  • Xiao Tang

    Buyer's Agent in 2021

    Xiao Tang

    Xiao Tang

    (971) 998-2121

    2 in this area

    13 Total Sales

    Xiao Tang
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21587499

Regional Multiple Listing Service (RMLS)

APN: R334590

Oregon Multnomah County Portland 97236 Powellhurst-Gilbert

2840 SE 131st Ave Unit 2842, Portland, OR

This home is located at 2840 SE 131st Ave Unit 2842, Portland, OR 97236 since 20 March 2021 and is currently estimated at $594,837, approximately $200 per square foot. This property was built in 1983. 2840 SE 131st Ave Unit 2842 is a home located in Multnomah County with nearby schools including Lincoln Park Elementary School, Ron Russell Middle School, and David Douglas High School.

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