NOT LISTED FOR SALE

3025 NE Flanders St Portland, OR 97232

Kerns Neighborhood

Estimated Value: $717,000 - $784,000

4 Beds
3 Baths
2,220 Sq Ft
$336/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $497,000 $224 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,509/month

53 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 3-minute walk to Oregon Park
  • Laurelhurst Elementary School Rated 9+

About This Home

As of December 2014

LOCATION-LOCATION-LOCATION! Outstanding vintage/Old Portland w/charm & character.Great neighborhood, near cafes, parks & transportation.Excellent rental history. The main floor has one bedroom with and additional living area and full bath downstairs which has been recently renovated. The two bedroom unit upstairs has 1 bathroom.Backyard space,including garden area is shared by both parties.One bedroom may be non-conforming.

Last Agent to Sell the Property

Lynn Brokaw

Cascade Hasson Sotheby's International Realty License #780200823 Listed on: 08/10/2014

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Deborah Giles

Premiere Property Group, LLC License #200503287

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,471

Year Built

  • Built in 1906

Lot Details

  • 5,009

Parking

  • Off-Site Parking

Home Design

  • Shingle Siding

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Basement Storage

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Call LA-503-4813453

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,471

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2220
  • Stories: 3
  • Year Built: 1906
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished, Partial Basement, Storage Space
  • Legal Description: HAWTHORNES 1ST ADD, BLOCK 6, LOT 10
  • Storage: Basement

Exterior Features

  • Exterior Description: Shingle Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Off Site

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Electricity, Trash Collection, Heat, Water

Condo/Co-op/Association

  • Management Name: Call LA-503-4813453
  • Common Amenities: Commons, Laundry
  • Unit Features: Wood Floors

Schools

  • Elementary School: Laurelhurst
  • High School: Grant

Lot Info

  • Lot Description: Level, Sloped
  • Zoning: R-5

Tax Info

  • Tax Amount: 3650.46
  • Assessor Parcel Number: R177554

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.94

MLS Schools

  • Elementary School: Laurelhurst
  • High School: Grant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2016
Sold by
F C Fund Llc
Bought by
Baney Properties Llc
Current Estimated Value
$745,160

Purchase Details

Listed on
Aug 10, 2014
Closed on
Nov 20, 2014
Sold by
Equity Trust Company
Bought by
F C Fund Llc
Seller's Agent
Lynn Brokaw
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Deborah Giles
Premiere Property Group, LLC
List Price
$539,000
Sold Price
$497,000
Premium/Discount to List
-$42,000
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%

Purchase Details

Closed on
Jul 20, 2009
Sold by
Kyle William B
Bought by
Equity Trust Company and David L Mcbride Ira

Purchase Details

Closed on
Aug 14, 2003
Sold by
Newman Kenneth
Bought by
Kyle William B and Kyle Sarah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1997
Sold by
Sargent Stephen M
Bought by
Newman Kenneth and Newman Kelli R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Baney Properties Llc -- Fidelity Naltl Title Of Or
F C Fund Llc -- Chicago Title Company
Equity Trust Company $348,000 Ticor Title
Kyle William B $284,000 Ticor Title Insurance Compan
Newman Kenneth $129,900 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baney Kim D $250,000
Closed Baney Properties Llc $175,000
Previous Owner Kyle William B $227,200
Previous Owner Newman Kenneth $103,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2014 12/01/14 Sold $497,000 -7.8% $224 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
08/10/2014 08/10/14 For Sale $539,000 -- $243 / 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 $6,471 $241,850 -- --
2023 $6,222 $234,810 $0 $0
2022 $6,088 $227,980 $0 $0
2021 $5,984 $221,340 $0 $0
2020 $5,490 $214,900 $0 $0
2019 $5,288 $208,650 $0 $0
2018 $5,133 $202,580 $0 $0
2017 $4,920 $196,680 $0 $0
2016 $4,502 $190,960 $0 $0
2015 $4,384 $185,400 $0 $0
2014 $3,737 $155,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lynn Brokaw

    Cascade Hasson Sotheby's International Realty

    (503) 481-3453

    18 Total Sales

    Lynn Brokaw
    Section Image

  • D

    Buyer's Agent in 2014

    Deborah Giles

    Premiere Property Group, LLC

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14543914

Regional Multiple Listing Service (RMLS)

APN: R177554

Oregon Multnomah County Portland 97232 Kerns

3025 NE Flanders St, Portland, OR

This home is located at 3025 NE Flanders St, Portland, OR 97232 since 10 August 2014 and is currently estimated at $745,160, approximately $335 per square foot. This property was built in 1906. 3025 NE Flanders St is a home located in Multnomah County with nearby schools including Laurelhurst Elementary School, U.S. Grant High School, and Le Monde French Immersion Public Charter School.

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