NOT LISTED FOR SALE

2921 SE Clinton St Unit 2925 Portland, OR 97202

Richmond Neighborhood

Estimated Value: $873,558 - $1,039,000

4 Beds
2 Baths
3,520 Sq Ft
$273/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $857,000 $243 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,852/month

12 Days on Market

Highlights

  • Wood Flooring
  • Parking Storage or Cabinetry
  • Washer and Dryer
  • Abernethy Elementary School Rated 10
  • Garage
  • 4-minute walk to Piccolo Park

About This Home

As of February 2020

Mid-century classic lovingly restored in close-in SE Portland. Traditional duplex - each side over 1,500SF with 2BR/1BA, oversized one-car garage and private backyard. Kitchens completely renovated with all new cabinetry, quartz counters and stainless steel appliances. Bathrooms with tiled walk-in shower w/ glass enclosure. Original HW floors refinished throughout main level. New roof, windows, gas furnaces, electric water heaters and water lines. Each unit w/ new W/D. Bike/walk score - 93

Last Agent to Sell the Property

Bill Gaffney

Change Realty, LLC License #200305133 Listed on: 01/08/2020

Last Buyer's Agent

Orly Halpern

John L. Scott Portland Central License #200510231

John L. Scott Portland Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,343

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 5,009

Home Design

  • Brick Exterior Construction
  • Shake Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Natural lighting in basement
  • Dishwasher
  • Washer and Dryer

Parking

  • Garage
  • Parking Storage or Cabinetry

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,343

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3520
  • Stories: 2
  • Year Built: 1955
  • Property Condition: Updated/Remodeled
  • Remarks Public: Mid-century classic lovingly restored in close-in SE Portland. Traditional duplex - each side over 1,500SF with 2BR/1BA, oversized one-car garage and private backyard. Kitchens completely renovated with all new cabinetry, quartz counters and stainless steel appliances. Bathrooms with tiled walk-in shower w/ glass enclosure. Original HW floors refinished throughout main level. New roof, windows, gas furnaces, electric water heaters and water lines. Each unit w/ new W/D. Bike/walk score - 93
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: EAST PORTLAND HTS, BLOCK 5, W 1/2 OF LOT 9&10
  • Basement: Daylight, Finished
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Brick, Cedar, Shake Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Hardwood Floors, Refrigerator, Washer/Dryer

Schools

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

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 5
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10168281
  • Green Verification HES Year: 2020

Lot Info

  • Zoning: R2.5
  • Water Rights Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6067.20
  • Assessor Parcel Number: R150750
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.22

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 19, 2020
Sold by
Investments Properties Of Oregon Llc
Bought by
Dixon Slater
Seller's Agent
Bill Gaffney
Change Realty, LLC
Buyer's Agent
Orly Halpern
John L. Scott Portland Central
List Price
$875,000
Sold Price
$857,000
Premium/Discount to List
-$18,000
-2.06%
Current Estimated Value
$959,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,640
Avg. Annual Appreciation
2.02%
Original Mortgage
$653,550
Outstanding Balance
$578,673
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$380,967

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 7, 2019
Sold by
Gay Thomas H and Gay Joan A
Bought by
Investment Properties Of Oregon Llc
Seller's Agent
Rick Sadle
Keller Williams Realty Professionals
Buyer's Agent
Bill Gaffney
Change Realty, LLC
List Price
$589,900
Sold Price
$620,000
Premium/Discount to List
$30,100
5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.65%
Original Mortgage
$522,450
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2017
Sold by
Gay Thomas H
Bought by
Gay Thomas H and Gay Joan A
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
Dixon Slater $857,000 Lawyers Title Of Oregon Llc
Investment Properties Of Oregon Llc $620,000 Lawyers Title Of Oregon Llc
Gay Thomas H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Slater $653,550
Previous Owner Investment Properties Of Oregon Llc $522,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2020 02/21/20 Sold $857,000 -2.1% $243 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $875,000 +41.1% $249 / Sq Ft
05/08/2019 05/08/19 Sold $620,000 +5.1% $199 / Sq Ft View Prior Sale
04/19/2019 04/19/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $589,900 -- $189 / 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 $9,343 $349,190 -- --
2023 $8,984 $339,020 $0 $0
2022 $8,789 $329,150 $0 $0
2021 $8,640 $319,570 $0 $0
2020 $7,926 $310,267 $0 $0
2019 $6,251 $246,630 $0 $0
2018 $6,067 $239,450 $0 $0
2017 $5,815 $232,480 $0 $0
2016 $5,322 $225,710 $0 $0
2015 $5,182 $219,140 $0 $0
2014 $5,104 $212,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20084155

Regional Multiple Listing Service (RMLS)

APN: R150750