NOT LISTED FOR SALE

2903 SE 58th Ave Portland, OR 97206

South Tabor Neighborhood

Estimated Value: $656,000 - $704,000

5 Beds
3 Baths
2,718 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $305,000 $112 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,383/month

3 Days on Market

About This Home

As of September 2013

Opportunity for sweat equity in this light fixer duplex. Perfect to live in one and rent the other? Located near hot spots on Foster-Powell & Division! Great restaurants, food carts & shops in every direction! Long term tenants in both units. Unit 1 is spacious but could use some TLC to really shine. Unit 2 has had recent work, including kitchen upgrades. Nice period touches and hardwood floors beneath carpet in both units.

Last Agent to Sell the Property

Kelly Stafford

Home Sweet Home Realty, LLC License #200702039 Listed on: 08/13/2013

Co-Listed By

J. Ryan Conklin

Home Sweet Home Realty, LLC License #201203014

Last Buyer's Agent

Byron Twyman

Inhabit Real Estate License #200204380

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,925

Year Built

  • Built in 1956

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Interior Spaces

  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,925

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2718
  • Stories: 2
  • Year Built: 1956
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished, Full Basement
  • Legal Description: FRASERS ADD, BLOCK 7, LOT 1

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • 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

Schools

  • Elementary School: Atkinson
  • Middle School: Mt Tabor
  • High School: Franklin

Lot Info

  • Lot Description: Corner, Level
  • Zoning: R5

Tax Info

  • Tax Amount: 3315.07
  • Assessor Parcel Number: R166553

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.41

MLS Schools

  • Elementary School: Atkinson
  • High School: Franklin
  • Middle School: Mt Tabor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2013
Closed on
Sep 12, 2013
Sold by
Michel Lawrence F
Bought by
Ramsey David
Seller's Agent
Kelly Stafford
Home Sweet Home Realty, LLC
Buyer's Agent
Byron Twyman
Inhabit Real Estate
List Price
$288,000
Sold Price
$305,000
Premium/Discount to List
$17,000
5.9%
Current Estimated Value
$684,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,535
Avg. Annual Appreciation
7.01%
Original Mortgage
$205,000
Outstanding Balance
$153,802
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$530,733

Purchase Details

Closed on
May 6, 2013
Sold by
Michel William F
Bought by
Michel Lawrence F and Michel Patti

Purchase Details

Closed on
Dec 22, 2011
Sold by
Michel Fred D
Bought by
Michel Lawrence F and The Fred D Michel Trust

Purchase Details

Closed on
May 24, 1996
Sold by
Kaufman William N
Bought by
Michel Fred D
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
Ramsey David $305,000 Wfg Title
Michel Lawrence F -- None Available
Michel Lawrence F -- None Available
Michel Fred D $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey David $205,000
Previous Owner Michel Fred D $292,000
Previous Owner Michel Fred D $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold $305,000 +5.9% $112 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $288,000 -- $106 / 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 $7,925 $296,190 -- --
2023 $7,620 $287,570 $0 $0
2022 $7,455 $279,200 $0 $0
2021 $7,329 $271,070 $0 $0
2020 $6,723 $263,180 $0 $0
2019 $6,476 $255,520 $0 $0
2018 $6,286 $248,080 $0 $0
2017 $6,025 $240,860 $0 $0
2016 $5,514 $233,850 $0 $0
2015 $5,098 $227,040 $0 $0
2014 $4,813 $220,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Stafford

    Seller's Agent in 2013

    Kelly Stafford

    Home Sweet Home Realty, LLC

    (503) 806-3025

    53 Total Sales

    Kelly Stafford
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    J. Ryan Conklin

    Home Sweet Home Realty, LLC

  • Byron Twyman

    Buyer's Agent in 2013

    Byron Twyman

    Inhabit Real Estate

    (503) 267-6008

    45 Total Sales

    Byron Twyman
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13547956

Regional Multiple Listing Service (RMLS)

APN: R166553

Oregon Multnomah County Portland 97206 South Tabor

2903 SE 58th Ave, Portland, OR

This home is located at 2903 SE 58th Ave, Portland, OR 97206 since 13 August 2013 and is currently estimated at $684,535, approximately $251 per square foot. This property was built in 1956. 2903 SE 58th Ave is a home located in Multnomah County with nearby schools including Atkinson Elementary School, Franklin High School, and St Ignatius School.

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