NOT LISTED FOR SALE

3405 NE Cadet Ave Portland, OR 97220

Madison South Neighborhood

Estimated Value: $561,000 - $665,476

4 Beds
3 Baths
2,912 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $575,000 $197 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,131/month

120 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Secluded Lot
  • 2 Fireplaces
  • Deck
  • Wood Flooring
  • Attached Garage

About This Home

As of November 2021

Wonderful Mid-century daylight ranch home, beautiful panoramic western view from expansive deck. Beautiful wood floors, beam ceilings on the main in the kitchen, dining and living room, great light and wonderful space, fireplaces on both floors, ready for a large family or split. Den and bonus room, beautiful landscaped sloped yard, oversized 1 car garage with lots of cabinets and work bench space, covered area below, opening to the back yard garden and expansive patio. Fenced and very private. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10190915]

Last Agent to Sell the Property

Bruce Franklin

PNW Realty Associates LLC License #201220923 Listed on: 07/02/2021

Last Buyer's Agent

Max Breslau

eXp Realty, LLC License #201230579

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,126

Year Built

  • Built in 1956

Lot Details

  • Fenced
  • Secluded Lot
  • Sloped Lot
  • Landscaped with Trees
  • Garden
  • Property is zoned R5

Parking

  • Attached Garage
  • Oversized Parking
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Flooring
  • Security System Owned
  • Washer and Dryer
  • Property Views

Finished Basement

  • Exterior Basement Entry
  • Apartment Living Space in Basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Accessory Dwelling Unit (ADU)

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,126

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Daylight Ranch, Ranch
  • Sq Ft Calculated: 1456
  • Sq Ft Approximate Total: 2912
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1956
  • Property Condition: Resale
  • Remarks Public: Wonderful Mid-century daylight ranch home, beautiful panoramic western view from expansive deck. Beautiful wood floors, beam ceilings on the main in the kitchen, dining and living room, great light and wonderful space, fireplaces on both floors, ready for a large family or split. Den and bonus room, beautiful landscaped sloped yard, oversized 1 car garage with lots of cabinets and work bench space, covered area below, opening to the back yard garden and expansive patio. Fenced and very private. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10190915]
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Garage on Main, Main Floor Bedroom w/Bath
  • Additional Rooms: Den, 4th Bedroom, 2nd Kitchen
  • All Room Features: Bathroom, Double Closet
  • Lower Level Bathrooms: 1.0
  • Total Bathrooms: 3.0
  • Fireplace Description: Gas, Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Washer/Dryer, Separate Living Quarters/Apartment/Aux Living Unit, Wood Floors, Auxiliary Dwelling Unit
  • Kitchen Appliances: Microwave, Dishwasher, Island, Free-Standing Refrigerator, Cooktop
  • Legal Description: ACADEMY HTS, BLOCK 8, LOT 34&35
  • Sq Ft Lower Level: 1456
  • Sq Ft Main Level: 1456
  • Bedrooms: 4
  • Master Bedroom: Features: Bathroom, Double Closet,On Level: Main,Dimensions: 18x13
  • Bedroom 2: On Level: Main,Dimensions: 13x10
  • Bedroom 3: On Level: Lower,Dimensions: 13x12
  • Full Bathrooms: 3
  • Basement: Finished, Exterior Entry, Separate Living Quarters/Apartment/Aux Living Unit
  • Dining Room: On Level: Main,Dimensions: 16x13
  • Living Room: On Level: Main,Dimensions: 24x13
  • Kitchen: On Level: Main,Dimensions: 12x10
  • Additional Room 1: Description: 4th Bedroom,On Level: Lower,Dimensions: 12x10
  • Additional Room 2: Description: Den,On Level: Main,Dimensions: 10x10
  • Additional Room 3: Description: 2nd Kitchen,On Level: Lower,Dimensions: 7x13
  • Bathrooms Lower Level Full: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 2

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Deck, Fenced, Garden, Patio, Second Residence
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: City, Territorial
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached, Oversized
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Cable
  • Security: Security System Owned

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Jason Lee
  • Middle School: Roseway Heights
  • High School: Leodis McDaniel

Lot Info

  • Lot Description: Secluded, Sloped, Trees
  • Acres: 0.23
  • Zoning: R5
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 4
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10190915
  • Green Verification HES Year: 2021

Tax Info

  • Tax Amount: 7169.53
  • Assessor Parcel Number: R100471
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Jason Lee
  • High School: Leodis McDaniel
  • Middle School: Roseway Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Nov 29, 2021
Sold by
Solid Laura D and Solid Robert A
Bought by
Kassapakis George A
Seller's Agent
Bruce Franklin
PNW Realty Associates LLC
Buyer's Agent
Max Breslau
eXp Realty, LLC
List Price
$749,000
Sold Price
$575,000
Premium/Discount to List
-$174,000
-23.23%
Current Estimated Value
$623,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,619
Avg. Annual Appreciation
2.12%
Original Mortgage
$460,000
Outstanding Balance
$427,092
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$193,308

Purchase Details

Closed on
May 12, 1997
Sold by
Jones Donald Gould
Bought by
Burgess Robert A and Burgess Loretta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 1997
Sold by
Burgess Robert A
Bought by
Burgess Robert A and Burgess Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1996
Sold by
Burgess Robert Allen
Bought by
Burgess Robert A and Burgess Loretta R

Purchase Details

Closed on
Nov 29, 1995
Sold by
Albers James L
Bought by
Burgess Robert Allen and Burgess Loretta Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kassapakis George A $575,000 Stewart Title
Burgess Robert A $167,000 Chicago Title
Burgess Robert A -- Chicago Title
Burgess Robert A -- --
Burgess Robert Allen $189,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassapakis George A $460,000
Previous Owner Burgess Robert A $72,000
Previous Owner Burgess Robert Allen $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $575,000 -2.5% $197 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $589,900 -6.4% $203 / Sq Ft
10/11/2021 10/11/21 Price Changed $629,900 -3.1% $216 / Sq Ft
08/09/2021 08/09/21 Price Changed $649,900 -7.1% $223 / Sq Ft
07/22/2021 07/22/21 Price Changed $699,900 -4.0% $240 / Sq Ft
07/15/2021 07/15/21 Price Changed $729,000 -2.7% $250 / Sq Ft
07/02/2021 07/02/21 For Sale $749,000 -- $257 / 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 $8,126 $306,650 $0 $0
2022 $7,950 $297,720 $0 $0
2021 $7,815 $289,050 $0 $0
2020 $7,170 $280,640 $0 $0
2019 $6,906 $272,470 $0 $0
2018 $6,703 $264,540 $0 $0
2017 $6,424 $256,840 $0 $0
2016 $5,879 $249,360 $0 $0
2015 $5,694 $242,100 $0 $0
2014 $5,006 $235,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Franklin

    Seller's Agent in 2021

    Bruce Franklin

    PNW Realty Associates LLC

    (503) 567-8406

    1 in this area

    9 Total Sales

    Bruce Franklin
    Section Image
  • Max Breslau

    Buyer's Agent in 2021

    Max Breslau

    eXp Realty, LLC

    (503) 939-8231

    1 in this area

    23 Total Sales

    Max Breslau
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21623177

Regional Multiple Listing Service (RMLS)

APN: R100471

Oregon Multnomah County Portland 97220 Madison South

3405 NE Cadet Ave, Portland, OR

This home is located at 3405 NE Cadet Ave, Portland, OR 97220 since 02 July 2021 and is currently estimated at $623,619, approximately $214 per square foot. This property was built in 1956. 3405 NE Cadet Ave is a home located in Multnomah County with nearby schools including Jason Lee Elementary School, Roseway Heights School, and Leodis V. McDaniel High School.

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