NOT LISTED FOR SALE

3607 SE 8th Ave Unit 3609 Portland, OR 97202

Brooklyn Neighborhood

Estimated Value: $790,000 - $879,000

6 Beds
2 Baths
4,062 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $761,000 $187 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,361/month

Highlights

  • Fireplace
  • Attached Garage
  • Level Lot
  • Grout Elementary School Rated 9+
  • Storage
  • 4-minute walk to Brooklyn Park

About This Home

As of April 2021

Classic mid-century style, prime Brooklyn location, and spacious/versatile floor plans combine to present a rare opportunity for an owner-occupant (house hack!), or savvy investor. Each unit has 3 bedrooms, 1 bathroom, hardwood floors, fireplaces, vintage tile, large utility/storage areas, attached garages, driveway parking, large private back yards, and unfinished basements with the potential to add living space. Updated furnaces/water heaters. Unit 3607 is tenant occupied - do not disturb.

Last Agent to Sell the Property

Mike Rushing

Corcoran Prime License #201210911 Listed on: 03/25/2021

Last Buyer's Agent

Kathleen Fulford

Think Real Estate License #201207995

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,472

Year Built

  • Built in 1951

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Storage
  • Storage In Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,472

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4062
  • Stories: 3
  • Year Built: 1951
  • Property Condition: Existing
  • Remarks Public: Classic mid-century style, prime Brooklyn location, and spacious/versatile floor plans combine to present a rare opportunity for an owner-occupant (house hack!), or savvy investor. Each unit has 3 bedrooms, 1 bathroom, hardwood floors, fireplaces, vintage tile, large utility/storage areas, attached garages, driveway parking, large private back yards, and unfinished basements with the potential to add living space. Updated furnaces/water heaters. Unit 3607 is tenant occupied - do not disturb.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: RIVERSIDE HMSTD (SUB OF BLK 2 LT 2), BLOCK 2, LOT 1, N 34' OF LOT
  • Basement: Full Basement, Unfinished
  • Storage: Attic, Basement

Exterior Features

  • Exterior Description: Brick, Lap Siding, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air - 90%

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Fireplace, Storage

Schools

  • Elementary School: Grout
  • Middle School: Hosford
  • High School: Cleveland

Lot Info

  • Lot Description: Level
  • Zoning: R5
  • 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/OR10186082
  • Green Verification HES Year: 2020

Rental Info

  • Rent Includes: Trash Collection, Maintenance Grounds

Tax Info

  • Tax Amount: 8884.49
  • Assessor Parcel Number: R257393
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 37.58

MLS Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 27, 2021
Sold by
Koosman Kaitlin and Gordrchuk Max
Bought by
Haug Emily Kirsten and Crocco Louis Lincoln
Seller's Agent
Mike Rushing
Corcoran Prime
Buyer's Agent
Kathleen Fulford
Think Real Estate
List Price
$699,000
Sold Price
$761,000
Premium/Discount to List
$62,000
8.87%
Current Estimated Value
$843,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,255
Avg. Annual Appreciation
2.33%
Original Mortgage
$608,800
Outstanding Balance
$550,862
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$292,393

Purchase Details

Closed on
Apr 22, 2005
Sold by
Menegas Carolyn R
Bought by
Nutmeg Llc
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
Haug Emily Kirsten $761,000 Wfg Title
Nutmeg Llc $375,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haug Emily Kirsten $608,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2021 04/29/21 Sold $761,000 +8.9% $187 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $699,000 +5.9% $172 / Sq Ft
09/30/2020 09/30/20 Sold $660,000 -2.2% $143 / Sq Ft View Prior Sale
08/17/2020 08/17/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $675,000 -- $147 / 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 $10,472 $391,400 -- --
2023 $10,070 $380,000 $0 $0
2022 $9,852 $368,940 $0 $0
2021 $9,685 $358,200 $0 $0
2020 $8,884 $347,770 $0 $0
2019 $8,558 $337,650 $0 $0
2018 $8,306 $327,820 $0 $0
2017 $7,961 $318,280 $0 $0
2016 $7,286 $309,010 $0 $0
2015 $7,094 $300,010 $0 $0
2014 $6,987 $291,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21294330

Regional Multiple Listing Service (RMLS)

APN: R257393