NOT LISTED FOR SALE

3051 SE Belmont St Portland, OR 97214

Sunnyside Neighborhood

Estimated Value: $764,000 - $885,000

4 Beds
4 Baths
3,298 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $785,000 $238 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,202/month

73 Days on Market

Highlights

  • Wood Flooring
  • Controlled Entrance
  • Level Lot
  • Landscaped with Trees
  • High Speed Internet

About This Home

As of July 2021

Well maintained 4plex in Hot Belmont location. Close to all the amenities that Belmont has to offer. Six blocks from Laurelhurst Park. One unit remodeled in 2019. Secure individual storage in the basement with outside access. Additional storage units available for potential additional income. Individual gas and electric. 3 of the 4 units have gas ranges. Radon test done & sewer line replaced in 2018. Virtual Tour Available.

Last Agent to Sell the Property

Rayce Rogers

Township Properties License #201230185 Listed on: 02/23/2021

Co-Listed By

Marc Rogers

Township Properties License #910700060

Last Buyer's Agent

Chris Speth

Like Kind Realty License #960600070

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,534

Year Built

  • Built in 1914

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Controlled Entrance

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Range

Basement

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

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 4 Units
  • Property managed by Call LO

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,534

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3298
  • Stories: 2
  • Year Built: 1914
  • Property Condition: Existing
  • Remarks Public: Well maintained 4plex in Hot Belmont location. Close to all the amenities that Belmont has to offer. Six blocks from Laurelhurst Park. One unit remodeled in 2019. Secure individual storage in the basement with outside access. Additional storage units available for potential additional income. Individual gas and electric. 3 of the 4 units have gas ranges. Radon test done & sewer line replaced in 2018. Virtual Tour Available.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SUNNYSIDE & PLAT 2 & 3, BLOCK 15, LOT 16, W 1/2 OF LOT 17
  • Basement: Full Basement, Exterior Entry, Storage Space
  • Storage: Individual Storage Units, Basement

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: None

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Internet Service Type: Cable
  • Security: Entry

Condo/Co-op/Association

  • Management Name: Call LO
  • Unit Features: Range, Refrigerator, Window Coverings, Wood Floors

Schools

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

Lot Info

  • Lot Description: On Busline, Level, Trees
  • Zoning: RM2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 7529.00
  • Assessor Parcel Number: R280478
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.39

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Jun 2, 2021
Sold by
Mckay Bruce J and Ellis Tamara M
Bought by
Lemoine Emile and Lemoine Elsa
Seller's Agent
Rayce Rogers
Township Properties
Buyer's Agent
Chris Speth
Like Kind Realty
List Price
$815,000
Sold Price
$785,000
Premium/Discount to List
-$30,000
-3.68%
Current Estimated Value
$813,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,091
Avg. Annual Appreciation
1.68%
Original Mortgage
$588,750
Outstanding Balance
$538,810
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$301,338

Purchase Details

Listed on
Jun 20, 2018
Closed on
Sep 24, 2018
Sold by
Brooker Mari G and Green Lynn D
Bought by
Mckay Bruce J and Ellis Tamara M
Seller's Agent
Jason Waxberg
Equity Pacific Real Estate LLC
Buyer's Agent
Kent Mathews
John L. Scott Portland Central
List Price
$899,000
Sold Price
$868,000
Premium/Discount to List
-$31,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.58%
Original Mortgage
$369,942
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2012
Sold by
Brooker Mari
Bought by
Brooker Green Llc

Purchase Details

Closed on
Dec 29, 2011
Sold by
Mko Family Llc
Bought by
Green Lynn D and Brooker Mari G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,300
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2004
Sold by
Oconnell Brian J Kalin and Oconnell Carla Kalin
Bought by
Mko Family Llc

Purchase Details

Closed on
Jul 26, 2004
Sold by
Nye Michael D
Bought by
Oconnell Brian J Kalin and Oconnell Carla Kalin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2002
Sold by
Johnston Paul T
Bought by
Nye Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,850
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
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
Lemoine Emile $785,000 First American Title
Mckay Bruce J $868,000 First American Title
Brooker Mari G -- First American Title
Brooker Green Llc -- None Available
Green Lynn D $479,000 Wfg Title
Mko Family Llc -- --
Oconnell Brian J Kalin $420,000 Fidelity Natl Title Co Of Or
Nye Michael D $326,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemoine Emile $588,750
Previous Owner Mckay Bruce J $369,942
Previous Owner Green Lynn D $335,300
Previous Owner Oconnell Brian J Kalin $250,000
Previous Owner Nye Michael D $293,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $785,000 -3.7% $238 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $815,000 -6.1% $247 / Sq Ft
10/03/2018 10/03/18 Sold $868,000 -3.4% $263 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $899,000 -- $273 / 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 $8,534 $322,060 $0 $0
2022 $8,349 $312,680 $0 $0
2021 $8,208 $303,580 $0 $0
2020 $7,530 $294,740 $0 $0
2019 $7,253 $286,160 $0 $0
2018 $7,040 $277,830 $0 $0
2017 $6,747 $269,740 $0 $0
2016 $6,175 $261,890 $0 $0
2015 $6,013 $254,270 $0 $0
2014 $5,922 $246,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rayce Rogers

    Township Properties

    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Marc Rogers

    Township Properties

    (503) 703-0964

    3 in this area

    10 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Chris Speth

    Like Kind Realty

    (503) 515-5049

    4 in this area

    106 Total Sales

    Section Image
  • Jason Waxberg

    Seller's Agent in 2018

    Jason Waxberg

    Equity Pacific Real Estate LLC

    (208) 989-7607

    10 Total Sales

    Section Image
  • Kent Mathews

    Buyer's Agent in 2018

    Kent Mathews

    John L. Scott Portland Central

    (503) 998-1658

    2 in this area

    43 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21445572

Regional Multiple Listing Service (RMLS)

APN: R280478

Oregon Multnomah County Portland 97214 Sunnyside

3051 SE Belmont St, Portland, OR

This home is located at 3051 SE Belmont St, Portland, OR 97214 since 23 February 2021 and is currently estimated at $825,922, approximately $250 per square foot. This property was built in 1914. 3051 SE Belmont St is a home located in Multnomah County with nearby schools including Sunnyside Environmental School, Franklin High School, and Le Monde French Immersion Public Charter School.

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