NOT LISTED FOR SALE

3123 SE 31st Ave Portland, OR 97202

Richmond Neighborhood

Estimated Value: $887,071 - $958,000

6 Beds
4 Baths
3,046 Sq Ft
$302/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $850,000 $279 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,751/month

21 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Washer and Dryer
  • Cleveland High School Rated A-
  • Views
  • Level Lot

About This Home

As of September 2021

Welcome to the light and bright Richmond plex! Steps to Clinton District & Division for dining, coffee, boutiques, and groceries. Steps in the other direction you'll find the school track, the Safeway, bus. Well run and maintained, potential income over $62,800. Always leased! Shared w/d + A has own in unit. Rents incl. W/S/G. Call ASAP to see 2 units before leased. This is prime to convert back to SFR if desired!

Last Agent to Sell the Property

Kathryn King

KJK Properties PC License #971100115 Listed on: 07/21/2021

Last Buyer's Agent

Brian Bostick

Windermere Realty Trust License #200405045

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,924

Year Built

  • Built in 1912

Lot Details

  • 3,877

Parking

  • Attached Garage

Home Design

  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Partially Finished Basement

  • Apartment Living Space in Basement
  • Basement Storage

Additional Features

  • Level Lot
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Property managed by KJK Properties PC

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,924

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3046
  • Stories: 3
  • Year Built: 1912
  • Property Condition: Existing
  • Remarks Public: Welcome to the light and bright Richmond plex! Steps to Clinton District & Division for dining, coffee, boutiques, and groceries. Steps in the other direction you'll find the school track, the Safeway, bus. Well run and maintained, potential income over $62,800. Always leased! Shared w/d + A has own in unit. Rents incl. W/S/G. Call ASAP to see 2 units before leased. This is prime to convert back to SFR if desired!
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WAVERLEIGH HTS, BLOCK 19, N 43' OF LOT 10&11
  • Basement: Separate Living Quarters/Apartment/Aux Living Unit, Partially Finished
  • Storage: Basement

Exterior Features

  • Neighborhood Features: Walkable, close to downtown by bus/car.
  • Exterior Description: Lap Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • View: City
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

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

Association/Amenities

  • Bike Path: 3.00 Miles
  • Waterfront: 1.50 Miles
  • Amenities Supplement: Yes

Condo/Co-op/Association

  • Management Name: KJK Properties PC
  • Unit Features: Dishwasher, Microwave, Range, Refrigerator, Unfurnished, Washer/Dryer, Wood Floors

Schools

  • Distance to SchoolBus: 0.25 Miles
  • Elementary School: Grout
  • Middle School: Hosford
  • High School: Cleveland

Lot Info

  • Lot Description: Level
  • Zoning: R5
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 3
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10193242
  • Green Verification HES Year: 2021

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 7142.98
  • Assessor Parcel Number: R298853
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.53

MLS Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 8, 2021
Sold by
Mcdoandl Prinsen Harmony and The Linda L Prinsen Trust
Bought by
Hartstrom Carol M
Seller's Agent
Kathryn King
KJK Properties PC
Buyer's Agent
Brian Bostick
Windermere Realty Trust
List Price
$849,900
Sold Price
$850,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$920,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,768
Avg. Annual Appreciation
2.05%
Original Mortgage
$265,000
Outstanding Balance
$241,302
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$679,466

Purchase Details

Closed on
Mar 7, 2003
Sold by
Prinsen Linda L
Bought by
Prinsen Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,300
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2001
Sold by
Prinsen Linda L
Bought by
Prinsen Linda L and Linda L Prinsen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2001
Sold by
Prinsen Linda L
Bought by
Prinsen Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 1999
Sold by
Prinsen Linda L
Bought by
Prinsen Linda L and Linda L Prinsen Trust
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
Hartstrom Carol M $850,000 Chicago Title
Prinsen Linda L -- Pacific Nw Title
Prinsen Linda L -- Pacific Nw Title
Prinsen Linda L -- Pacific Nw Title
Prinsen Linda L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartstrom Carol M $265,000
Previous Owner Prinsen Linda L $99,500
Previous Owner Prinsen Linda L $109,300
Previous Owner Prinsen Linda L $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $850,000 0.0% $279 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $849,900 0.0% $279 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
08/02/2021 08/02/21 Price Changed $849,900 -5.6% $279 / Sq Ft
07/21/2021 07/21/21 For Sale $899,900 -- $295 / 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 $8,924 $333,550 -- --
2023 $8,581 $323,840 $0 $0
2022 $8,395 $314,400 $0 $0
2021 $7,786 $287,980 $0 $0
2020 $7,143 $279,600 $0 $0
2019 $7,093 $271,460 $0 $0
2018 $6,678 $263,560 $0 $0
2017 $6,401 $255,890 $0 $0
2016 $5,858 $248,440 $0 $0
2015 $5,704 $241,210 $0 $0
2014 $5,618 $234,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathryn King

    Seller's Agent in 2021

    Kathryn King

    KJK Properties PC

    (503) 997-9035

    2 in this area

    121 Total Sales

    Kathryn King
    Section Image
  • Brian Bostick

    Buyer's Agent in 2021

    Brian Bostick

    Windermere Realty Trust

    (503) 998-8040

    2 in this area

    97 Total Sales

    Brian Bostick
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21369713

Regional Multiple Listing Service (RMLS)

APN: R298853

Oregon Multnomah County Portland 97202 Richmond

3123 SE 31st Ave, Portland, OR

This home is located at 3123 SE 31st Ave, Portland, OR 97202 since 21 July 2021 and is currently estimated at $920,768, approximately $302 per square foot. This property was built in 1912. 3123 SE 31st Ave is a home located in Multnomah County with nearby schools including Grout Elementary School, Hosford Middle School, and Cleveland High 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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