NOT LISTED FOR SALE

2937 NE Flanders St Unit A Portland, OR 97232

Kerns Neighborhood

Estimated Value: $721,000 - $962,000

4 Beds
3 Baths
3,636 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $690,000 $190 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,232/month

19 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Private Yard
  • Cleveland High School Rated A-
  • Granite Countertops
  • 4-minute walk to Oregon Park

About This Home

As of July 2023

Fantastic opportunity in Kerns neighborhood a biker's paradise with a bike score of 98 and walk score of 96 - you can park your car and walk/bike to NE 28th Ave restaurants, pubs, eateries, Whole Foods, Laurelhurst Theatre, and several nearby parks including Laurelhurst City Park. Detached garage converted to a legal studio ADU in 2016 and is permitted for short term rental. Seller does ABNB short term rentals, generated over $23K in additional income in 2022 and averages $23K per year. House features original oak floors, updated kitchen and bathrooms, double-pane windows, beautiful landscaping and has 2 bedrooms and a full bathroom on the main level. Upper level has the primary bedroom with a walk-in closet and en-suite bathroom with a soaking tub and separate shower plus an additional bedroom - both rooms heated/cooled by mini splits. Basement is partially finished with an exterior entrance - potential for additional living space. Nearby public transportation and highways allow for a quick and easy commute to downtown Portland. Detached ADU is the additional main 240sf and included in main bathroom count. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10215643]

Last Agent to Sell the Property

Brian Eustis

MORE Realty License #200412129 Listed on: 06/02/2023

MORE Realty

Last Buyer's Agent

Debra Hornbecker

Urban Nest Realty License #201211781

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,475

Year Built

  • Built in 1894

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Level Lot
  • Private Yard
  • Property is zoned R5

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 3,636 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Entryway
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Patio
  • Porch

Schools

  • Buckman Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • 95% Forced Air Heating System
  • Heating System Uses Gas
  • Mini Split Heat Pump
  • Electric Water Heater

Additional Features

  • Green Certified Home
  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association
  • Kerns Subdivision

Listing and Financial Details

  • Assessor Parcel Number R177566

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,475

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 1894
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • OtherStructuresFeatures1: Bathroom,ElectricityConnected,Heated,Kitchen,Plumbed,SeparateElectricMeter
  • OtherStructuresType1: AuxiliaryDwellingUnit
  • PublicRemarksOtherStructures: Studio ADU with bed, kitchen, bathroom, front deck and heated/cooled via mini split. Detached garage converted to legal ADU in 2016 & is permitted for short term rentals. Seller rents as an ABNB and averages an additional income of $23K/year.
  • Room 11 Features: Pantry
  • Room 12 Features: BayWindow,HardwoodFloors
  • Room 13 Features: Bathroom,CeilingFan,Skylight
  • Room 7 Features: HardwoodFloors
  • Room 9 Features: BayWindow,CeilingFan,HardwoodFloors
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 3.0
  • Interior Amenities: CeilingFan, Granite, HardwoodFloors, HighCeilings, Laundry, SoakingTub, TileFloor, WalltoWallCarpet, WasherDryer
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: Nook
  • Room 5 Level: Upper
  • Room 6 Description: Entry
  • Room 6 Features: HardwoodFloors
  • Room 6 Level: Main
  • Basement: ExteriorEntry, FullBasement, PartiallyFinished
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Granite, Microwave, StainlessSteelAppliance, Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Main Level Full Bathrooms: 2
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt5000to6999
  • OtherStructuresBaths1: 1.0
  • OtherStructuresBathsTotal: 1.00
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 432
  • Fifth Bedroom Area: 160
  • Bedroom 6 Area: 55
  • Bedroom 7 Area: 140
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 140
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 208
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Exterior Features: AuxiliaryDwellingUnit, Fenced, Patio, Porch, PublicRoad, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No

Utilities

  • Energy Efficiency Features: DoublePaneWindows,ForcedAir95Plus
  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Cooling: Other
  • Cooling Y N: No
  • Heating: ForcedAir95Plus, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R177566

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 8474.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2013
Sold by
Kirchfeld David
Bought by
Kirchfeld David and Saechao Mey C
Total Days on Market
19
Current Estimated Value
$824,141

Purchase Details

Closed on
Aug 31, 2009
Sold by
Stein Sarah
Bought by
Kirchfeld David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,480
Interest Rate
5.09%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2007
Sold by
Stein Sarah
Bought by
Stein Sarah and Sarah Stein Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
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
Kirchfeld David -- None Available
Kirchfeld David $287,000 Pacific Nw Title Of Or Inc
Stein Sarah -- None Available
Stein Sarah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirchfeld David $365,000
Closed Kirchfeld David C $205,000
Closed Kirchfeld David $60,000
Closed Kirchfeld David $290,000
Closed Kirchfeld David $260,480
Previous Owner Stein Sarah $50,000
Previous Owner Stein Sarah $85,000
Previous Owner Stein Sarah $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $690,000 -8.0% $190 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $749,900 0.0% $206 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $749,900 -- $206 / 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 $9,009 $336,700 -- --
2023 $8,662 $326,900 $0 $0
2022 $8,475 $317,380 $0 $0
2021 $8,331 $308,140 $0 $0
2020 $7,643 $299,170 $0 $0
2019 $7,362 $290,460 $0 $0
2018 $7,145 $282,000 $0 $0
2017 $6,848 $216,380 $0 $0
2016 $4,953 $210,080 $0 $0
2015 $4,823 $203,970 $0 $0
2014 $4,751 $198,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23108922

Regional Multiple Listing Service (RMLS)

APN: R177566