NOT LISTED FOR SALE

3425 N Michigan Ave Unit 3427 Portland, OR 97227

Boise Neighborhood

Estimated Value: $738,237 - $866,000

4 Beds
2 Baths
3,086 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $580,000 $188 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,442/month

140 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • No HOA
  • American Four Square Architecture
  • Corner Lot
  • Porch

About This Home

As of February 2019

Great duplex opportunity one block from the heart of all the fun on Mississippi Ave. Stacked units - each 2 bedrooms, one bathroom. Brazilian Cherry hardwood floors in main level unit. Roof replacement & chimney rebuild in 2017. Oil tank decommissioned & sewer line replaced in Oct. 2018. Cosmetic fixer - priced to move quickly. Tax Lot R139449 included in sale. Both lots zoned R2.

Last Agent to Sell the Property

Rambo Halpern

Premiere Property Group, LLC License #200310218 Listed on: 08/31/2018

Co-Listed By

Eric Rafferty

Realty One Group Willamette Valley License #201211277

Last Buyer's Agent

Melissa Dorman

Living Room Realty License #201222278

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,469

Year Built

  • Built in 1914

Lot Details

  • 4,791 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • American Four Square Architecture
  • Property Attached
  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 3,086 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Second Kitchen
  • Free-Standing Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Schools

  • Boise-Eliot Elementary And Middle School
  • Grant High School

Utilities

  • No Cooling
  • Zoned Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Mississippi Subdivision

Listing and Financial Details

  • Assessor Parcel Number R139450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,469

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 1914
  • Property Condition: Resale
  • Property Sub Type: Attached
  • Architectural Style: FourSquare
  • New Construction: No
  • Property Attached Yn: Yes
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Interior Amenities: HardwoodFloors, WalltoWallCarpet
  • Room 4 Description: _2ndKitchen
  • Room 4 Level: Upper
  • Room 5 Description: _4thBedroom
  • Room 5 Level: Upper
  • Basement: FullBasement, Unfinished
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 108
  • Fifth Bedroom Area: 120
  • Bedroom 7 Area: 120
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 110
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 180
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Plywood,WoodSiding
  • Exterior Features: Fenced, Porch
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Boise-Eliot
  • High School: Grant
  • Middle Or Junior School: Boise-Eliot

Lot Info

  • Farm: No
  • Zoning: R2
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R139450
  • Assessor Parcel Number 2: R139449

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 1468.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Mcatee Timothy A
Bought by
Mcatee Timothy A and Mcatee Alfred E
Current Estimated Value
$792,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2018
Closed on
Jan 18, 2019
Sold by
Berger Eric and Berger Lori R
Bought by
Mcatee Timothy A
Seller's Agent
Rambo Halpern
Premiere Property Group, LLC
Buyer's Agent
Melissa Dorman
Living Room Realty
List Price
$649,900
Sold Price
$580,000
Premium/Discount to List
-$69,900
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$493,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1999
Sold by
Atiemo Fred A
Bought by
Berger Eric and Berger Lori R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,981
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 1995
Sold by
Jackson Helen Marie
Bought by
Atiemo Fred A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.59%
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
Mcatee Timothy A -- Lawyers
Mcatee Timothy A $580,000 First American Title
Berger Eric $155,000 Fidelity National Title Co
Atiemo Fred A $85,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcatee Timothy A $575,250
Closed Mcatee Timothy A $492,500
Closed Mcatee Timothy A $493,000
Previous Owner Berger Eric $27,000
Previous Owner Berger Eric $150,600
Previous Owner Berger Eric $152,981
Previous Owner Atiemo Fred A $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $580,000 0.0% $188 / Sq Ft
02/15/2019 02/15/19 Sold $580,000 -10.8% $188 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
01/18/2019 01/18/19 Pending -- -- --
08/31/2018 08/31/18 For Sale $649,900 0.0% $211 / Sq Ft
08/31/2018 08/31/18 For Sale $649,900 -- $211 / 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 $2,615 $97,740 -- --
2023 $2,615 $94,900 $0 $0
2022 $2,460 $92,140 $0 $0
2021 $2,419 $89,465 $0 $0
2020 $1,639 $64,160 $0 $0
2019 $1,579 $62,300 $0 $0
2018 $1,533 $60,490 $0 $0
2017 $1,469 $58,730 $0 $0
2016 $1,344 $57,020 $0 $0
2015 $1,309 $55,360 $0 $0
2014 $1,289 $53,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rambo Halpern

    Seller's Agent in 2019

    Rambo Halpern

    Premiere Property Group, LLC

    (503) 473-4127

    5 in this area

    57 Total Sales

    Rambo Halpern
    Section Image
  • Eric Rafferty

    Seller Co-Listing Agent in 2019

    Eric Rafferty

    Realty One Group Willamette Valley

    (503) 890-1347

    18 Total Sales

    Eric Rafferty
    Section Image
  • Melissa Dorman

    Buyer's Agent in 2019

    Melissa Dorman

    Living Room Realty

    (562) 355-8593

    3 in this area

    210 Total Sales

    Melissa Dorman
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18284061

Regional Multiple Listing Service (RMLS)

APN: R139450

Oregon Multnomah County Portland 97227 Boise

3425 N Michigan Ave Unit 3427, Portland, OR

This home is located at 3425 N Michigan Ave Unit 3427, Portland, OR 97227 since 31 August 2018 and is currently estimated at $792,809, approximately $256 per square foot. This property was built in 1914. 3425 N Michigan Ave Unit 3427 is a home located in Multnomah County with nearby schools including Boise-Eliot Elementary School, Harriet Tubman Middle School, and Jefferson 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.

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