NOT LISTED FOR SALE

3031 SE 55th Ave Portland, OR 97206

South Tabor Neighborhood

Estimated Value: $622,000 - $958,516

6 Beds
4 Baths
2,531 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 18, 2015

Last sale price $625,000 $247 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,170/month

2 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 1-Story Property
  • Views

About This Home

As of November 2015

Wonderful single level 4-plex,turn key investment property in great location. Newly remodeled in 2008,well maintained and ready for new investor. Hardwood floors, common laundry area. West-end unit is large 2 BR, 2 parking spaces, private green-space. Bike score,84, walk score,76, Close to Clinton City Park. Live in the large unit and rent the rest! No sign. Please do not disturb tenants or go on property without Listing agent.

Last Agent to Sell the Property

Thomas Dietz

MORE Realty License #200504307 Listed on: 09/01/2015

MORE Realty

Last Buyer's Agent

Ann-Marie Nava

MORE Realty License #200604076

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,627

Year Built

  • Built in 1957

Lot Details

  • 5,140

Parking

  • Open Parking

Home Design

  • Brick Exterior Construction
  • Wood Composite

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,627

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2531
  • Stories: 1
  • Year Built: 1957
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: CLOCKS ADD, BLOCK 1, LOT 9

Exterior Features

  • Exterior Description: Brick, Wood Composite
  • Lot Size: 5,000 to 6,999 SqFt
  • View: Seasonal
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Open

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Hardwood Floors, Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: R5

Tax Info

  • Tax Amount: 5292.65
  • Assessor Parcel Number: R136216

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.12

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2015
Closed on
Nov 9, 2015
Sold by
Megler Veronika
Bought by
Herman Todd and Herman Teness
Seller's Agent
Thomas Dietz
MORE Realty
Buyer's Agent
Ann-Marie Nava
MORE Realty
List Price
$574,995
Sold Price
$625,000
Premium/Discount to List
$50,005
8.7%
Current Estimated Value
$832,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,129
Avg. Annual Appreciation
3.02%
Original Mortgage
$468,750
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2014
Sold by
Verrel Enterprises Llc
Bought by
Megler Veronika

Purchase Details

Closed on
Aug 12, 2014
Sold by
Carver Holdings Llc
Bought by
Verrel Enterprises Llc

Purchase Details

Closed on
Mar 23, 2009
Sold by
Megler Veronika M
Bought by
Carver Holdings Llc

Purchase Details

Closed on
Apr 6, 2007
Sold by
Griffin Everett W
Bought by
Royland Carsten and Megler Veronika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 19, 2004
Sold by
Persons Deborah K
Bought by
Griffin Everett W

Purchase Details

Closed on
Nov 21, 2002
Sold by
Mccafferty Janet R
Bought by
Persons Deborah K and Whittlesey Deborah K

Purchase Details

Closed on
Dec 13, 1999
Sold by
Suminksi Doreen
Bought by
Whittlesey Ivan F and Whittlesey Deborah K
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
Herman Todd $625,000 Fidelity Natl Title Co Of Or
Megler Veronika -- None Available
Verrel Enterprises Llc -- None Available
Carver Holdings Llc -- None Available
Royland Carsten $275,000 First American Title Insuran
Griffin Everett W $240,000 Chicago Title Insurance Comp
Persons Deborah K -- --
Whittlesey Ivan F $82,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Todd $426,640
Closed Herman Todd $468,750
Previous Owner Royland Carsten $265,000
Previous Owner Royland Carsten $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2015 11/18/15 Sold $625,000 +8.7% $247 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $574,995 -- $227 / 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
2023 $7,627 $287,820 $0 $0
2022 $7,462 $279,440 $0 $0
2021 $7,336 $271,310 $0 $0
2020 $6,729 $263,410 $0 $0
2019 $6,482 $255,740 $0 $0
2018 $6,291 $248,300 $0 $0
2017 $6,030 $241,070 $0 $0
2016 $5,518 $234,050 $0 $0
2015 $5,374 $227,240 $0 $0
2014 $5,293 $220,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Thomas Dietz

    MORE Realty

    (503) 353-6673

    4 Total Sales

    Thomas Dietz
    Section Image
  • Ann-Marie Nava

    Buyer's Agent in 2015

    Ann-Marie Nava

    MORE Realty

    (503) 329-0234

    90 Total Sales

    Ann-Marie Nava
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15046772

Regional Multiple Listing Service (RMLS)

APN: R136216

Oregon Multnomah County Portland 97206 South Tabor

3031 SE 55th Ave, Portland, OR

This home is located at 3031 SE 55th Ave, Portland, OR 97206 since 01 September 2015 and is currently estimated at $832,129, approximately $328 per square foot. This property was built in 1957. 3031 SE 55th 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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