NOT LISTED FOR SALE

31 NE 43rd Ave Portland, OR 97213

Laurelhurst Neighborhood

Estimated Value: $820,651

6 Beds
4 Baths
3,130 Sq Ft
$262/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $650,000 $208 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,430/month

193 Days on Market

Highlights

  • Handicap Accessible
  • Property is near a bus stop
  • Level Lot
  • U.S. Grant High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

Fantastic Laurelhurst Home w/ Detached ADU! One of the first ADU's built in Portland, this charmer has hardwood floors, gas appliances, vaulted ceilings, ADA accessibility, movable island and caregiver's quarters with vanity. The main house features an updated kitchen, hardwoods, original built-ins, new roof, sewer line, heat pump/AC and interior paint. Don't miss your chance to age in place or invest! Call today to arrange a showing!

Last Listed By

Matt Williams

Bison Properties License #200109059 Listed on: 12/08/2019

Bison Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,282

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 4,792

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,130 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Laurelhurst Elementary School
  • Grant High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Water Heater

Additional Features

  • Handicap Accessible
  • Level Lot
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes ground maintenance
  • Assessor Parcel Number R204217

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $15,055
  • Gross Income $50,024
  • Net Operating Income $34,968

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,282

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1923
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, Unfinished
  • Storage: Basement,IndividualStorageUnits
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level, OnBusline
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: HandicapAccess
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: CentralAir

Schools

  • Elementary School: Laurelhurst
  • High School: Grant

Lot Info

  • Zoning: R5
  • Parcel #: R204217

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 8281.53

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.49
  • Annual Gross Income: 50024.0
  • Property Net Operating Income: 34968.0
  • Annual Operating Expense: 15055.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2019
Closed on
Jul 20, 2020
Sold by
Badurina Bunch Llc
Bought by
Atchison Rachel
Seller's Agent
Matt Williams
Bison Properties
Buyer's Agent
Claire Paris
Paris Group Realty LLC
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Total Days on Market
193
Current Estimated Value
$820,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,651
Avg. Annual Appreciation
5.37%
Original Mortgage
$50,000
Outstanding Balance
$45,216
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$791,446

Purchase Details

Closed on
Mar 17, 2017
Sold by
Gustavson Erica
Bought by
Badurina Bunch Llc

Purchase Details

Closed on
May 7, 2004
Sold by
Justis Lorraine M
Bought by
Badurina Lorraine M and Lorraine M Badurina Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 26, 2003
Sold by
Justis Gerald E
Bought by
Justis Lorraine M

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
Atchison Rachel $650,000 Lawyers Title
Badurina Bunch Llc -- None Available
Badurina Lorraine M -- --
Justis Lorraine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atchison Rachel $50,000
Open Atchison Rachel $510,400
Previous Owner Badurina Lorraine M $50,000
Previous Owner Badvrina Lorraine N $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $650,000 -3.7% $208 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
04/20/2020 04/20/20 Price Changed $675,000 -3.6% $216 / Sq Ft
02/25/2020 02/25/20 Price Changed $699,900 -3.5% $224 / Sq Ft
01/03/2020 01/03/20 Price Changed $725,000 -3.3% $232 / Sq Ft
12/08/2019 12/08/19 For Sale $750,000 -- $240 / 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 $10,040 $378,870 $0 $0
2022 $9,822 $367,840 $0 $0
2021 $9,656 $357,130 $0 $0
2020 $8,858 $346,730 $0 $0
2019 $8,532 $336,640 $0 $0
2018 $8,282 $326,840 $0 $0
2017 $7,937 $317,330 $0 $0
2016 $7,264 $308,090 $0 $0
2015 $7,073 $299,120 $0 $0
2014 $6,967 $290,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Williams

    Seller's Agent in 2020

    Matt Williams

    Bison Properties

    (503) 345-2686

    1 in this area

    58 Total Sales

    Matt Williams
    Section Image
  • Claire Paris

    Buyer's Agent in 2020

    Claire Paris

    Paris Group Realty LLC

    (503) 998-4878

    6 in this area

    534 Total Sales

    Claire Paris
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19138460

Regional Multiple Listing Service (RMLS)

APN: R204217

Oregon Multnomah County Portland 97213 Laurelhurst

31 NE 43rd Ave, Portland, OR

Homes for Sale in Portland, OR

This home is located at 31 NE 43rd Ave, Portland, OR 97213 since 08 December 2019 and is currently priced at $820,651, approximately $262 per square foot. This property was built in 1923. 31 NE 43rd Ave is a home located in Multnomah County with nearby schools including Laurelhurst Elementary School, U.S. Grant High School, and The Portland Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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