NOT LISTED FOR SALE

2903 N Russet St Portland, OR 97217

Kenton Neighborhood

Estimated Value: $267,000 - $369,000

0.12 Acre
$2,698,617 Price per Acre
5,227 Sq Ft Lot

Last Sold January 18, 2024

Last sale price $238,000 $260 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,905/month

2 Days on Market

Highlights

  • No HOA
  • Shed
  • Level Lot
  • Peninsula Elementary School Rated 9+
  • Fenced
  • No Heating

About This Lot

As of January 2024

Vacant lot in desirable N Portland's Kenton Neighborhood located near many amenities. Zoned R 2.5. Property falls within Residential Infill Project Guidelines. Contact the city for details on maximizing development opportunities. Commuter and Bike friendly location near Parks, Restaurants and Stores.

Last Agent to Sell the Property

Scott Wilson

RE/MAX Equity Group License #961200088 Listed on: 12/16/2023

RE/MAX Equity Group

Last Buyer's Agent

Darryl Bodle

Keller Williams Realty Portland Premiere License #199910100

Keller Williams Realty Portland Premiere

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,494

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned R2.5

Schools

  • Peninsula Elementary School
  • Ockley Green Middle School
  • Roosevelt High School

Listing and Financial Details

  • Assessor Parcel Number R159724

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,494

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: MultiFamily
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Other Structures: Fenced, Shed, Storage

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityAvailable, NaturalGasAvailable, PublicSewer, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Peninsula
  • High School: Roosevelt
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: R2.5
  • Present Use: RawLand
  • Soil Condition: CompactedSoil
  • Land Description: Level
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Number Of Lots: 1
  • Parcel #: R159724

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3493.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Jan 12, 2024
Sold by
Butters Jeffrey H and Butters Vincent Dorrough
Bought by
Dez Development Llc
Seller's Agent
Scott Wilson
RE/MAX Equity Group
Buyer's Agent
Darryl Bodle
Keller Williams Realty Portland Premiere
List Price
$275,000
Sold Price
$238,000
Premium/Discount to List
-$37,000
-13.45%
Views
8
Current Estimated Value
$323,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,834
Avg. Annual Appreciation
19.99%

Purchase Details

Closed on
May 12, 2015
Sold by
Mohammad Harris H
Bought by
Butters Jeffrey H and Butters Vincent Dorrough

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,988
Interest Rate
3.77%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2014
Sold by
Krahn June Arlene
Bought by
Mohammad Harris H and Mohammad Kelly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,645
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2008
Sold by
Krahn June Arlene
Bought by
Krahn June Arlene and June Krahn Revocable Living Trust

Purchase Details

Closed on
Nov 22, 2005
Sold by
Krahn Richard Lee and Krahn Stephen Daniel
Bought by
Krahn June Arlene
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
Dez Development Llc $238,000 First American Title
Butters Jeffrey H $285,000 First American
Mohammad Harris H $160,000 First American
Krahn June Arlene -- None Available
Krahn June Arlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butters Jeffrey H $260,988
Previous Owner Mohammad Harris H $167,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $238,000 -13.5% $260 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/16/2023 12/16/23 For Sale $275,000 -- $300 / 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 $2,251 $84,130 $84,130 --
2023 $2,251 $131,850 $0 $0
2022 $3,418 $128,010 $0 $0
2021 $3,360 $124,290 $0 $0
2020 $3,083 $120,670 $0 $0
2019 $2,970 $117,160 $0 $0
2018 $2,882 $113,750 $0 $0
2017 $2,762 $110,440 $0 $0
2016 $2,528 $107,230 $0 $0
2015 $2,063 $87,220 $0 $0
2014 $2,031 $84,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Wilson

    Seller's Agent in 2024

    Scott Wilson

    RE/MAX

    1 in this area

    20 Total Sales

    Scott Wilson
    Section Image
  • Darryl Bodle

    Buyer's Agent in 2024

    Darryl Bodle

    Keller Williams Realty Portland Premiere

    (503) 709-4632

    65 in this area

    1,683 Total Sales

    Darryl Bodle
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23368100

Regional Multiple Listing Service (RMLS)

APN: R159724

Oregon Multnomah County Portland 97217 Kenton

2903 N Russet St, Portland, OR

This home is located at 2903 N Russet St, Portland, OR 97217 since 16 December 2023 and is currently estimated at $323,834, approximately $353 per square foot. 2903 N Russet St is a home located in Multnomah County with nearby schools including Peninsula Elementary School, Ockley Green, and Jefferson High 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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