NOT LISTED FOR SALE

3721 N Michigan Ave Portland, OR 97227

Boise Neighborhood

Estimated Value: $543,000 - $594,338

3 Beds
1 Bath
1,762 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $539,000 $306 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,153/month

2 Days on Market

About This Home

As of May 2022

Fixer in excellent Mississippi neighborhood. Close to restaurants, bars and downtown Portland. One block off Mississippi Ave. Full 50 X 100 city lot. Must write offers subject to interior inspection. Tenant has been there for 10 years, please do not disturb.

Last Agent to Sell the Property

Julie Broderick

Vintage Real Estate License #920200072 Listed on: 04/13/2022

Last Buyer's Agent

Jennifer Tran

Everett Real Estate Group License #201005103

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1890

Lot Details

  • Level Lot
  • Property is zoned RM1

Parking

  • On-Street Parking

Home Design

  • Fixer Upper
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Traditional
  • Sq Ft Calculated: 1662
  • Sq Ft Approximate Total: 1762
  • Stories: 2
  • Year Built: 1890
  • Property Condition: Fixer
  • Remarks Public: Fixer in excellent Mississippi neighborhood. Close to restaurants, bars and downtown Portland. One block off Mississippi Ave. Full 50 X 100 city lot. Must write offers subject to interior inspection. Tenant has been there for 10 years, please do not disturb.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Legal Description: MULTNOMAH, BLOCK 27, LOT 11
  • Sq Ft Lower Level: 100
  • Sq Ft Main Level: 984
  • Upper Level Sq Ft: 678
  • Bedrooms: 3
  • Master Bedroom: On Level: Upper
  • Full Bathrooms: 1
  • Basement: Partial Basement, Unfinished
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 3K-4,999SF
  • Lot Dimensions: 50 X 100
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: On Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Gravity

Schools

  • Elementary School: Boise-Eliot
  • Middle School: Harriet Tubman
  • High School: Jefferson
  • School High2: Grant

Lot Info

  • Lot Description: Level
  • Acres: 0.11
  • Zoning: RM1

Rental Info

  • Rent Amount: 1825

Tax Info

  • Tax Amount: 1720.11
  • Assessor Parcel Number: R223713
  • Tax Year: 2020

MLS Schools

  • Elementary School: Boise-Eliot
  • High School: Jefferson
  • Middle School: Harriet Tubman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 27, 2022
Sold by
Michael T Boldt Trust
Bought by
Everett Custom Homes Inc and West Hills Land Development Llc
Seller's Agent
Julie Broderick
Vintage Real Estate
Buyer's Agent
Jennifer Tran
Everett Real Estate Group
List Price
$499,000
Sold Price
$539,000
Premium/Discount to List
$40,000
8.02%
Current Estimated Value
$563,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,585
Avg. Annual Appreciation
1.47%
Original Mortgage
$350,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
May 4, 2017
Sold by
Boldt Michael
Bought by
Boldt Michael and Michael T Boldt Trust

Purchase Details

Closed on
Jan 8, 2005
Sold by
Boldt Michael T
Bought by
Boldt Michael T and Jepsen Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Jepsen Marc
Bought by
Boldt Michael T and Boldt Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2004
Sold by
Boldt Michael
Bought by
Boldt Michael and Jepsen Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 20, 2003
Sold by
Nichols Esther M
Bought by
Jepsen Marc and Boldt Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2000
Sold by
Nichols Esther M
Bought by
Jepsey Marc and Boldt Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Everett Custom Homes Inc $539,000 First American Title
Boldt Michael -- None Available
Boldt Michael T -- Transnation Title Agency Or
Boldt Michael T -- Transnation Title Agency Or
Boldt Michael -- --
Boldt Michael -- Transnation Title Agency Or
Jepsen Marc -- Pacific Nw Title
Jepsey Marc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Everett Custom Homes Inc $350,000
Previous Owner Boldt Michael T $196,000
Previous Owner Boldt Michael $38,000
Previous Owner Jepsen Marc $141,000
Previous Owner Jepsey Marc $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $539,000 +8.0% $306 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $499,000 -- $283 / 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 $1,949 $73,560 $0 $0
2022 $1,907 $71,420 $0 $0
2021 $1,875 $69,340 $0 $0
2020 $1,720 $67,330 $0 $0
2019 $1,657 $65,370 $0 $0
2018 $1,608 $63,470 $0 $0
2017 $1,542 $61,630 $0 $0
2016 $1,411 $59,840 $0 $0
2015 $1,374 $58,100 $0 $0
2014 $1,353 $56,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22158580

Regional Multiple Listing Service (RMLS)

APN: R223713