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!
Bison PropertiesLicense #200109059Listed on: 12/08/2019
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
DateNameOwned ForOwner Type
Jul 2020 - PresentAtchison Rachel4 Years and 10 Months
Private Individual
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
Mar 2017 - Jul 2020Badurina Bunch Llc3 Years and 4 Months
Company
Purchase Details
Closed on
Mar 17, 2017
Sold by
Gustavson Erica
Bought by
Badurina Bunch Llc
May 2004 - Mar 2017Badurina Lorraine M and Lorraine M Badurina Revocable Living Tr12 Years and 10 Months
Private Individual
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
Feb 2003 - May 2004Justis Lorraine M1 Year and 3 Months
Private Individual
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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Tax AssessmentTax 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.
This home is located at 31 NE 43rd Ave, Portland, OR 97213 since 08 December 2019 and is currently estimated 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.
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