NOT LISTED FOR SALE

3507 NE 25th Ave Unit 3509 Portland, OR 97212

Alameda Neighborhood

Estimated Value: $745,000 - $835,000

4 Beds
2 Baths
3,024 Sq Ft
$263/Sq Ft Est. Value

Last Sold May 03, 2018

Last sale price $756,000 $250 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,962/month

28 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Attached Garage
  • Alameda Elementary School Rated A-
  • Fireplace
  • 4-minute walk to Madeleine Playground

About This Home

As of May 2018

Rare Alameda Mid-Century Duplex! Each unit has 2 bedrooms, hardwood floors, fireplaces, large windows, high ceiling basements (ready to finish), oversize garages, Gas heat, AC & original period details.Charming outdoor patio. PERFECT OWNER OCCUPIED DUPLEX. Excellent location nearby amenities- restaurants, coffee, shopping, schools. Well built and well maintained!

Last Agent to Sell the Property

Andrea Bafarro

Windermere Realty Trust License #981000052 Listed on: 03/05/2018

Windermere Realty Trust

Last Buyer's Agent

Andrea Bafarro

Windermere Realty Trust License #981000052 Listed on: 03/05/2018

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,698

Year Built

  • Built in 1950

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Basement Storage
  • Dishwasher

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,698

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3024
  • Stories: 1
  • Year Built: 1950
  • Property Condition: Existing
  • Remarks Public: Rare Alameda Mid-Century Duplex! Each unit has 2 bedrooms, hardwood floors, fireplaces, large windows, high ceiling basements (ready to finish), oversize garages, Gas heat, AC & original period details.Charming outdoor patio. PERFECT OWNER OCCUPIED DUPLEX. Excellent location nearby amenities- restaurants, coffee, shopping, schools. Well built and well maintained!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ALAMEDA PARK, BLOCK 1, E 10' OF LOT 3, LOT 4
  • Basement: Unfinished, Storage Space
  • Storage: Basement

Exterior Features

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

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Hardwood Floors, Air Conditioning

Schools

  • Elementary School: Alameda
  • Middle School: Beaumont
  • High School: Grant

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: R5

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 6612.74
  • Assessor Parcel Number: R100871

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Alameda
  • High School: Grant
  • Middle School: Beaumont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Apr 24, 2018
Sold by
Melcher Julia Marie
Bought by
Stubbe Michael R and Stubbe Kimberly Roberson
Seller's Agent
Andrea Bafarro
Windermere Realty Trust
Buyer's Agent
Andrea Bafarro
Windermere Realty Trust
List Price
$789,900
Sold Price
$756,000
Premium/Discount to List
-$33,900
-4.29%
Current Estimated Value
$795,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,984
Avg. Annual Appreciation
0.70%
Original Mortgage
$567,000
Outstanding Balance
$487,724
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$308,260

Purchase Details

Closed on
Oct 9, 2005
Sold by
Melcher Lloyd H and Melcher Julia M
Bought by
Melcher Julia Marie and Lloyd Henry Melcher 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
Stubbe Michael R $756,000 First American Title
Melcher Julia Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stubbe Michael R $567,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2018 05/03/18 Sold $756,000 -4.3% $250 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $789,900 -- $261 / 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 $8,698 $325,100 -- --
2023 $8,364 $315,640 $0 $0
2022 $8,183 $306,450 $0 $0
2021 $8,044 $297,530 $0 $0
2020 $7,380 $288,870 $0 $0
2019 $7,108 $280,460 $0 $0
2018 $6,900 $272,300 $0 $0
2017 $6,613 $264,370 $0 $0
2016 $6,052 $256,670 $0 $0
2015 $5,893 $249,200 $0 $0
2014 $5,804 $241,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Bafarro

    Seller's Agent in 2018

    Andrea Bafarro

    Windermere Realty Trust

    (503) 314-0658

    2 in this area

    35 Total Sales

    Andrea Bafarro
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18656999

Regional Multiple Listing Service (RMLS)

APN: R100871

Oregon Multnomah County Portland 97212 Alameda

3507 NE 25th Ave Unit 3509, Portland, OR

This home is located at 3507 NE 25th Ave Unit 3509, Portland, OR 97212 since 05 March 2018 and is currently estimated at $795,984, approximately $263 per square foot. This property was built in 1950. 3507 NE 25th Ave Unit 3509 is a home located in Multnomah County with nearby schools including Alameda Elementary School, Beaumont Middle School, and U.S. Grant High School.

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