NOT LISTED FOR SALE

3423 SE 58th Ave Unit 3427 Portland, OR 97206

South Tabor Neighborhood

Estimated Value: $598,000 - $690,000

4 Beds
3 Baths
2,282 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $471,374 $207 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,841/month

232 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 1-Story Property

About This Home

As of June 2019

Mid century triplex built in 1955. One level. Storage and laundry. Hardwood floors. Long, long time tenants. Rents are low. Excellent SE location. Many updates. New siding & ext. paint. Vinyl windows 2006 . Water line 2007. Roof 2006. Gas heat. Great opportunity for this close-in SE plex.

Last Agent to Sell the Property

Ed Medak

Medak Realty License #780303924 Listed on: 08/30/2018

Last Buyer's Agent

Ray Howard

Medak Realty License #901000058

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,800

Year Built

  • Built in 1955

Lot Details

  • Level Lot

Home Design

  • Brick Exterior Construction
  • Cement Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,800

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2282
  • Stories: 1
  • Year Built: 1955
  • Property Condition: Approximately
  • Remarks Public: Mid century triplex built in 1955. One level. Storage and laundry. Hardwood floors. Long, long time tenants. Rents are low. Excellent SE location. Many updates. New siding & ext. paint. Vinyl windows 2006 . Water line 2007. Roof 2006. Gas heat. Great opportunity for this close-in SE plex.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FRASERS ADD, BLOCK 9, LOT 7
  • Basement: Crawl Space, Partial Basement, Unfinished

Exterior Features

  • Exterior Description: Brick, Cement Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Hardwood Floors, Range, Refrigerator

Schools

  • Elementary School: Atkinson
  • Middle School: Mt Tabor
  • High School: Franklin

Lot Info

  • Lot Description: Level
  • Zoning: R2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 5609.10
  • Assessor Parcel Number: R166587
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 17.10

MLS Schools

  • Elementary School: Atkinson
  • High School: Franklin
  • Middle School: Mt Tabor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Jun 10, 2019
Sold by
Arne Anselm T and Arne Michelle T
Bought by
Sheila Marie Allen Living Trust
Seller's Agent
Ed Medak
Medak Realty
Buyer's Agent
Ray Howard
Medak Realty
List Price
$575,000
Sold Price
$471,374
Premium/Discount to List
-$103,626
-18.02%
Current Estimated Value
$616,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,466
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Oct 9, 2013
Sold by
Anselm Arne
Bought by
Anselm Arne and Verderrain Michelle

Purchase Details

Closed on
Apr 7, 2006
Sold by
Ng Stan K
Bought by
Anselm Arne E and Velderrain Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,560
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 28, 1995
Sold by
Ellis Ann
Bought by
Ng Stan K and Ng Kathy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Sheila Marie Allen Living Trust $471,374 First American
Anselm Arne -- None Available
Anselm Arne E $278,080 First American Title Insuran
Ng Stan K $155,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anselm Arne E $196,200
Previous Owner Anselm Arne E $208,560
Previous Owner Ng Stan K $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $471,374 -18.0% $207 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
08/30/2018 08/30/18 For Sale $575,000 -- $252 / 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 $6,800 $256,610 $0 $0
2022 $6,653 $249,140 $0 $0
2021 $6,540 $241,890 $0 $0
2020 $6,000 $234,850 $0 $0
2019 $5,779 $228,010 $0 $0
2018 $5,609 $221,370 $0 $0
2017 $5,376 $214,930 $0 $0
2016 $4,920 $208,670 $0 $0
2015 $4,791 $202,600 $0 $0
2014 $4,719 $196,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Medak

    Seller's Agent in 2019

    Ed Medak

    Medak Realty

    (503) 516-7264

    61 Total Sales

    Section Image

  • R

    Buyer's Agent in 2019

    Ray Howard

    Medak Realty

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18684641

Regional Multiple Listing Service (RMLS)

APN: R166587

Oregon Multnomah County Portland 97206 South Tabor

3423 SE 58th Ave Unit 3427, Portland, OR

This home is located at 3423 SE 58th Ave Unit 3427, Portland, OR 97206 since 30 August 2018 and is currently estimated at $628,818, approximately $275 per square foot. This property was built in 1955. 3423 SE 58th Ave Unit 3427 is a home located in Multnomah County with nearby schools including Atkinson Elementary School, Franklin High School, and St Ignatius School.

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