NOT LISTED FOR SALE

Estimated Value: $626,000 - $725,188

3 Beds
3 Baths
1,402 Sq Ft
$483/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $389,000 $277 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,439/month

118 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Wood Siding

About This Home

As of February 2012

Beautiful Private & Detached Accessory Dwelling Unit (ADU) in the Sunnyside neighborhood located between Laurelhurst Park and the Belmont strip of restaurants, retail, and H-Mart. This private unit is located behind the main house at 3554 SE Alder Street. It is easily accessible off a safe alleyway connecting Alder to Morrison Street. Built in 2002 this unit has a full kitchen, large bathroom, washer/dryer, built in closets, skylights, a loft, private fenced in yard and a private lockable shed for storage. The unit shares a backyard with the main house, which is currently occupied by the owner. Available on March 1.

Tours & Applications:
If you are interested in the ADU, please email me back providing a thoughtful overview of yourself, your hobbies, pets, confirmation of March 1 move-in date and anything else I should know about you! I will not provide a tour without this overview. I am available to meet and provide a quick tour on the weekends. Applications will be provided once we meet in person if it is deemed a good fit. The unit is still currently occupied therefore the space will not be empty or professionally cleaned yet.
Layout of the home:
The main level of the ADU is 510 SF and is arranged as one large open room with a private enclosed bathroom. There is a full kitchen, living room, and space for a kitchen table. There is also a small room off the main space that can be used as a bedroom or an office, but it only fits a queen-sized bed. The loft is accessible via a ladder and is large enough for an office, a low-lying bed, or a lovely meditation and reading nook. There is a small fenced-in backyard and a fully weather proofed and lockable shed for the sole use of the ADU tenant. The shed is large enough to store bikes, outdoor gear, etc.

Who Am I:
I, Sarah, am the owner and sole tenant in the main home. I am in my early 40’s and work in the construction and real estate industry. Although the ADU is private and separate there are aspects of the property that will need to be shared, and I hope to find a great person who can co-exist with me on the property. I love to garden and cook so in the summer I spend a lot of time outside tending to my vegetable garden and then bbqing in the backyard. I am pretty active, so I enjoy paddleboarding, swimming, and camping in the summer. In the winter months, I tend to hibernate a bit more by catching up on reading, craft projects, or going out on hikes.

Common Spaces:
As I mentioned we have some common spaces and expectations for those. The ADU is accessed through the entry of the backyard, off the alleyway. Therefore, we will share a backyard and will often see each other come and go. Feeling comfortable with each other in this shared space is a necessity. In the summer, I eat outside most evenings and occasionally will host friends or family for dinners. You are welcome to do so as well. With this shared backyard, comes the expectation of occasionally mowing the lawn, watering/weeding plants, taking out the garbage, and raking leaves in the Fall.

Pets:
I will consider cats and dogs. Although I love big dogs, I have had larger dogs destroy all my past landscaping work so if you have a dog there will be some expectations about off leash access to the shared backyard space. A visit with your dog will also be mandatory to ensure good behavior.

Utilities:
•This unit is privately metered, so tenants will need to manage gas, electric, water/sewage, internet and cable if you choose to have it.
•Garbage/recycling & ridwell included in monthly rent.
•There is one landscaping line and timer that is connected to the ADU so some increase in water use in the summer is to be expected.

Parking & Bus Routes:
•This unit does not have a permanent parking spot, but parking is not a problem on Alder or Morrison.
•The 15, which crosses into downtown via the Hawthorne bridge, runs down Belmont and the stop is 3 blocks away. The 20 runs down Burnside. The nearest bus stop is a 10-minute walk through Laurelhurst Park.

Renters insurance is required, and you must show documentation.

Move In Date: March 1 (I am not flexible on this date).

Rent: $1700 per month.
Security Deposit: $1700 due at lease signing
Pet: $1000 pet deposit, 1 pet allowed

Application Process:
Please note that I am exempt from City Code 30.01.086 Evaluation of Applicants for Dwelling Units as I meet Exemption G.1.e. I am also exempt from City of Portland Relocation Assistance and this paperwork will be provided as part of the lease documents.

Last Agent to Sell the Property

Laurie Sonnenfeld

Laurie Sonnenfeld Realty License #880100063 Listed on: 10/01/2011

Last Buyer's Agent

Kevin Levy

Premiere Property Group, LLC License #200602422

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,818

Year Built

  • Built in 1900

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Parking

  • 1 Parking Space
  • Assigned Parking

Schools

  • Sunnyside Env Elementary School
  • Franklin High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Hawthorne & Belmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number R143087

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,818

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1900
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, None
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Sunnyside Env
  • High School: Franklin

Lot Info

  • Zoning: resid
  • Parcel #: R143087

Green Features

  • Green Certification: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4818.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2020
Sold by
Devita Mcbride Sarah E
Bought by
Devita Mcbride Sarah E and Mcbride Michael W
Current Estimated Value
$677,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$440,059
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$215,193

Purchase Details

Closed on
Sep 27, 2018
Sold by
Elliott Alicia S
Bought by
Devita Mcbride Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2013
Sold by
Elliott Alicia S
Bought by
Elliott Alicia S and Alicia Elliott Revocable Trust

Purchase Details

Listed on
Oct 1, 2011
Closed on
Feb 9, 2012
Sold by
Schiedler Catherine
Bought by
Elliott Alicia S
Seller's Agent
Laurie Sonnenfeld
Laurie Sonnenfeld Realty
Buyer's Agent
Kevin Levy
Premiere Property Group, LLC
List Price
$430,000
Sold Price
$389,000
Premium/Discount to List
-$41,000
-9.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
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
Devita Mcbride Sarah E -- Fidelity Natl Ttl Co Of Or
Devita Mcbride Sarah E $450,000 Fidelity Natl Title Of Orego
Elliott Alicia S -- None Available
Elliott Alicia S $389,000 Fidelity National Title Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devita Mcbride Sarah E $490,000
Closed Devita Mcbride Sarah E $484,350
Closed Devita Mcbride Sarah E $427,500
Previous Owner Marshall Mary Jo $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Off Market -- -- --
01/30/2025 01/30/25 For Rent -- -- --
02/10/2012 02/10/12 Sold $389,000 -9.5% $277 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
10/01/2011 10/01/11 For Sale $430,000 -- $307 / 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 $8,950 $334,520 -- --
2023 $8,606 $324,780 $0 $0
2022 $8,420 $315,330 $0 $0
2021 $8,278 $306,150 $0 $0
2020 $7,594 $297,240 $0 $0
2019 $7,315 $288,590 $0 $0
2018 $7,100 $280,190 $0 $0
2017 $6,804 $272,030 $0 $0
2016 $6,227 $264,110 $0 $0
2015 $6,064 $256,420 $0 $0
2014 $5,972 $248,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11426818

Regional Multiple Listing Service (RMLS)

APN: R143087