NOT LISTED FOR SALE

3049 E Burnside St Unit 3053 Portland, OR 97214

Kerns Neighborhood

Estimated Value: $651,000 - $800,000

4 Beds
2 Baths
3,552 Sq Ft
$200/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $651,500 $183 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,309/month

22 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Parking Storage or Cabinetry
  • Sunnyside Environmental School Rated 9+
  • Storage
  • Property is near a bus stop

About This Home

As of May 2018

Classic duplex in hot location. Walk to Whole Foods, Starbucks, Laurelhurst Park and fine restaurants. Walk score 92 and bike score 97. Hardwood floors, Separate, private, backyards. New decks. Updated plumbing. Updated baths. Full unfinished basement.

Last Agent to Sell the Property

Patrick Jenkins

Jenkins Realty License #870700168 Listed on: 02/16/2018

Last Buyer's Agent

Scott Bennett

Oregon First License #201215697

Oregon First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,371

Year Built

  • Built in 1925

Lot Details

  • 5,009

Parking

  • Garage
  • Parking Storage or Cabinetry

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Storage
  • Washer and Dryer
  • Wood Flooring
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Level Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,371

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3552
  • Stories: 3
  • Year Built: 1925
  • Property Condition: Existing
  • Remarks Public: Classic duplex in hot location. Walk to Whole Foods, Starbucks, Laurelhurst Park and fine restaurants. Walk score 92 and bike score 97. Hardwood floors, Separate, private, backyards. New decks. Updated plumbing. Updated baths. Full unfinished basement.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HAWTHORNES 1ST ADD, BLOCK 22, LOT 10
  • Storage: Garage(s), Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Window Unit(s)
  • Heating Description: Forced Air

Association/Amenities

  • Bike Path: 0.25 Miles
  • Multi Use Path: 0.25 Miles
  • Amenities Supplement: Yes

Condo/Co-op/Association

  • Unit Features: Deck, Storage, Washer/Dryer, Wood Floors

Schools

  • Elementary School: Sunnyside Envir
  • Middle School: Sunnyside Envir
  • High School: Franklin

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: R1
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 4843.54
  • Assessor Parcel Number: R177749

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.26

MLS Schools

  • Elementary School: Sunnyside Envir
  • High School: Franklin
  • Middle School: Sunnyside Envir

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2020
Sold by
Lee Matthew A and Tang Erin R
Bought by
Lee Matthew A and Lee Erin R
Current Estimated Value
$709,946

Purchase Details

Closed on
May 20, 2019
Sold by
Lee Matt and Tang Erin
Bought by
Lee Matthew A and Tang Erin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Outstanding Balance
$453,567
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$256,379

Purchase Details

Listed on
Feb 16, 2018
Closed on
Apr 16, 2018
Sold by
Cohen Donald G
Bought by
Lee Matt and Tang Erin
Seller's Agent
Patrick Jenkins
Jenkins Realty
Buyer's Agent
Scott Bennett
Oregon First
List Price
$659,000
Sold Price
$651,500
Premium/Discount to List
-$7,500
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%

Purchase Details

Listed on
May 4, 2015
Closed on
Jun 4, 2015
Sold by
Villar Amparo
Bought by
Cohen Donald G and Cohen Karen B
Seller's Agent
Susan Roesler
Premiere Property Group, LLC
Buyer's Agent
Patrick Jenkins
Jenkins Realty
List Price
$512,900
Sold Price
$575,000
Premium/Discount to List
$62,100
12.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Lee Matthew A -- First American
Lee Matthew A -- First American
Lee Matt $651,500 Fidelity National Title
Cohen Donald G $575,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Matthew A $518,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2018 05/04/18 Sold $651,500 -1.1% $183 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $659,000 +14.6% $186 / Sq Ft
06/11/2015 06/11/15 Sold $575,000 +12.1% $283 / Sq Ft View Prior Sale
05/09/2015 05/09/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $512,900 -- $252 / 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 $6,371 $238,110 -- --
2023 $6,126 $231,180 $0 $0
2022 $5,993 $224,450 $0 $0
2021 $5,892 $217,920 $0 $0
2020 $5,405 $211,580 $0 $0
2019 $5,207 $205,420 $0 $0
2018 $5,053 $199,440 $0 $0
2017 $4,844 $193,640 $0 $0
2016 $4,433 $188,000 $0 $0
2015 $4,316 $182,530 $0 $0
2014 $4,251 $177,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18091648

Regional Multiple Listing Service (RMLS)

APN: R177749