NOT LISTED FOR SALE

3832 N Kilpatrick St Unit 3842 Portland, OR 97217

Kenton Neighborhood

Estimated Value: $485,000 - $632,612

4 Beds
2 Baths
2,704 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $550,000 $203 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,609/month

114 Days on Market

Highlights

  • Forced Air Heating System
  • Garage
  • Level Lot
  • Peninsula Elementary School Rated 9+

About This Home

As of September 2023

Great Solid Side by Side Mid Century duplex in the Kenton Neighborhood! Fantastic opportunity for owner occupied on one side. Each unit features 2 bedrooms/1 bath, partial basement with potential to add a 3rd bedroom and bath, hardwood floors, wood burning fireplace, washer/dryer hook up, & garage. Close Proximity to public transportation and parks! Please DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Cindy Somsanith

Farrell Realty & Property Management, Inc License #201203724 Listed on: 04/07/2023

Co-Listed By

Nikki del Giudice

Farrell Realty & Property Management, Inc License #200710231

Last Buyer's Agent

Stephen Backer

Windermere Realty Trust License #201218481

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,555

Year Built

  • Built in 1958

Lot Details

  • Level Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,704 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Partial Basement
  • Basement Storage

Schools

  • Peninsula Elementary School
  • Ockley Green Middle School
  • Roosevelt High School

Utilities

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

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R292757

Community Details

Overview

  • 2 Units
  • Kenton Subdivision
  • Property managed by Farrell Realty & Property Mgmt

Building Details

  • Operating Expense $15,221
  • Gross Income $25,540
  • Net Operating Income $10,318

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,555

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1958
  • Property Condition: Approximately
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement, Unfinished
  • Storage: Basement
  • High School2: Roosevelt
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Management Name: Farrell Realty & Property Mgmt
  • Management Phone: 503-285-4670

Schools

  • Elementary School: Peninsula
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: R2.5
  • Parcel #: R292757

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 5554.59

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 23.45
  • Annual Gross Income: 25540.0
  • Property Net Operating Income: 10318.0
  • Annual Operating Expense: 15221.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Sep 14, 2023
Sold by
Hansen Earl W and Hansen Marcia
Bought by
Pereira Alesha A
Seller's Agent
Cindy Somsanith
Farrell Realty & Property Management, Inc
Buyer's Agent
Stephen Backer
Windermere Realty Trust
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Views
218
Current Estimated Value
$576,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,403
Avg. Annual Appreciation
2.40%
Original Mortgage
$412,500
Outstanding Balance
$404,046
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$172,357

Purchase Details

Closed on
Feb 13, 2003
Sold by
Lyman Paul
Bought by
Bricker Jean C and Hansen Earl W

Purchase Details

Closed on
Nov 6, 1995
Sold by
Brooks Walter R
Bought by
Lyman Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Pereira Alesha A $550,000 Wfg Title
Bricker Jean C $220,000 Pacific Nw Title
Lyman Paul $140,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereira Alesha A $412,500
Previous Owner Lyman Paul $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $550,000 -8.2% $203 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $599,000 -- $222 / 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 $5,904 $220,680 -- --
2023 $5,678 $214,260 $0 $0
2022 $5,555 $208,020 $0 $0
2021 $5,461 $201,970 $0 $0
2020 $5,010 $196,090 $0 $0
2019 $4,825 $190,380 $0 $0
2018 $4,684 $184,840 $0 $0
2017 $4,489 $179,460 $0 $0
2016 $4,108 $174,240 $0 $0
2015 $4,000 $169,170 $0 $0
2014 $3,940 $164,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23231060

Regional Multiple Listing Service (RMLS)

APN: R292757