$1,155,000
SOLD JAN 23, 2025

3903 N Michigan Ave Portland, OR 97227

Boise Neighborhood
4 Beds
6 Baths
4,857 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$238 Per Sq Ft

3% Below List Price

102 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Attached Garage
  • Living Room
  • No HOA
  • Oversized Parking
  • Forced Air Heating System

About This Home

As of January 2025

Amazing live- work or investor opportunity in the vibrant Mississippi Arts neighborhood. One-of-a-kind building features a spacious, light-filled artist studio, perfect for painters, sculptors, or any creative professional seeking an inspiring workspace. In addition to the artist studio warehouse and several rooms off of it, the building includes two apartments. Currently, the smaller of the two living units is rented with the warehouse/studio spaces.

Last Agent to Sell the Property

Katherine Williams

Rose City Realty Group License #200411153 Listed on: 09/05/2024

Co-Listed By

Cody Williams

Rose City Realty Group License #201203043

Last Buyer's Agent

Camille Bernal

Our House Property Group, Inc License #201207596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,253

Year Built

  • Built in 1924

Lot Details

  • Property is zoned R2A

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Extra Deep Garage

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 4,857 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Mississippi Arts Subdivision

Listing and Financial Details

  • Assessor Parcel Number R223644

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,253

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 1924
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Other
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 3.3
  • Fireplaces: 1
  • Basement: FullBasement, PartiallyFinished
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialLowerLevel: 1
  • BathroomsPartialMainLevel: 2
  • BathroomsTotalLowerLevel: 0.1
  • BathroomsTotalMainLevel: 1.2
  • BathroomsTotalUpperLevel: 2.0
  • High School2: Jefferson
  • Lot Size Range: SqFt5000to6999
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Block
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached,ExtraDeep,Oversized
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

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

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Boise-Eliot
  • High School: Grant
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Farm: No
  • Zoning: R2A
  • Land Lease: No
  • Parcel #: R223644

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 6700

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 5253.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Mar 24, 2016
Sold by
Boldt Michael
Bought by
Paine Eric
Seller's Agent
Julie Broderick
Vintage Real Estate
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$1,050,000
Sold Price
$855,000
Premium/Discount to List
-$195,000
-18.57%
Current Estimated Value
$1,176,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,027
Avg. Annual Appreciation
3.24%
Original Mortgage
$10,000,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 1999
Sold by
Russell Diannia
Bought by
Bailey Sandra J
Source: Public Records

Similar Homes in Portland, OR

  • 2122 NW Everett St, Portland, OR 97210

    $975,000

    • 5 Beds
    • 5 Baths
    • 4,756 Sq Ft
    • 2122 NW Everett St
    • Portland, OR

    Come explore this grand and versatile Queen Anne Victorian! Love it as a warm and welcoming whole house, or as a home with extra separate living quarters, or rent as 3 plex. Attractive seller financing may be possible. Benefit from a lucrative potential rental income while living a vibrant urban lifestyle in the heart of amazing NW Portland. Located in a coveted area known for its rich history,

    Laurie Sonnenfeld Laurie Sonnenfeld Realty

    Section Image
  • 4711 NE 31st Ave, Portland, OR 97211

    $999,999

    • 3 Beds
    • 2 Baths
    • 2,671 Sq Ft
    • 4711 NE 31st Ave
    • Portland, OR

    Welcome to a truly one-of-a-kind home where craftsmanship, comfort, and style converge. Every inch of this fully updated residence has been thoughtfully designed with no detail overlooked—from the hand-carved and stained eaves that enhance the exterior charm to the exquisite custom primary closet that rivals high-end boutiques. Step inside to soaring 9-foot ceilings, rich hardwood floors, and a

    FERNANDO BARAJAS eXp Realty LLC

    Section Image
  • 3232 SW Upper Cascade Dr, Portland, OR 97205

    $1,395,000

    • 3 Beds
    • 3 Baths
    • 3,727 Sq Ft
    • 3232 SW Upper Cascade Dr
    • Portland, OR

    An icon of 80's modern architecture, this Southwest Hills / Arlington Heights home was designed by celebrated Portland architect Bob Thompson, founding principal of TVA Architects and recipient of over 45 AIA awards. The home been featured in the Oregonian and Dwell and is nestled in the middle of Washington Park's Hoyt Arboretum Nature Preserve; right next to the Wildwood Trail. Built in 1988

    Jeff Weithman Where, Inc

    Section Image
  • 5312 SW Burton Dr, Portland, OR 97221

    $1,285,000

    • 3 Beds
    • 2.5 Baths
    • 2,437 Sq Ft
    • 5312 SW Burton Dr
    • Portland, OR

    The Grube Residence | Quite possibly overlooked at first glance by its modest presence, this germanic chalet is an important architectural work to be carefully studied. Designed by Joachim Grube, a pioneer of Northwest Regional Modernism, the home was sited and designed to take full advantage of the beautifully forested, sloped setting while nestling lightly into nature’s envelope of firs and

    Jeff Weithman Where, Inc

    Section Image
  • 1033 NW Eloise Ln, Portland, OR 97229

    $1,550,000

    • 4 Beds
    • 4 Baths
    • 4,278 Sq Ft
    • 1033 NW Eloise Ln
    • Portland, OR

    Just over one acre, tucked at the end of a quiet, private cul-de-sac shared with only a few homes, this home offers space, flexibility, and a serene wooded setting on over an acre—just minutes from NW 23rd. This custom-built home features tall ceilings, large windows, and a flowing layout designed to bring in natural light and connect with the outdoors. With four bedrooms, a dedicated den, and a

    Dawn Cordiner eXp Realty, LLC

    Section Image
  • 5112 SW Hewett Blvd, Portland, OR 97221

    $1,300,000

    • 5 Beds
    • 4 Baths
    • 5,172 Sq Ft
    • 5112 SW Hewett Blvd
    • Portland, OR

    A private urban retreat with timeless elegance. Tucked into a tranquil, forested setting, this custom-built home is a rare blend of seclusion, scale, and sophistication. Grand in both vision and volume, the home welcomes you with soaring ceilings, oversized rooms, and expansive windows that invite in the light and beauty of the surrounding landscape. The main level features gleaming hardwood and

    Michael Green Coldwell Banker Bain

    Section Image
  • 7303-7305 SE Madison St, Portland, OR 97215

    $1,100,000

    • 4 Beds
    • 2 Baths
    • 3,768 Sq Ft
    • 7303-7305 SE Madison St
    • Portland, OR

    Great Investment Opportunity – Duplex on Corner Lot with 3-Car Garage. Vintage mid-century duplex presents a unique opportunity for investors and developers alike. Situated on a prime corner lot in the highly sought-after Mt. Tabor neighborhood, this property offers a blend of classic mid-century style, rental income, and exciting multiple development potentials. Keep the duplex and develop north

    Suzanne Clark Cascade Hasson Sotheby's International Realty

    Section Image
  • 7131 SW 12th Ave, Portland, OR 97219

    $1,349,000

    • 4 Beds
    • 4 Baths
    • 3,494 Sq Ft
    • 7131 SW 12th Ave
    • Portland, OR

    Stunning!! Remastered Mid-Century. No corner left untouched in this meticulous remodel. Large open floor plan with engineered hardwoods and a rock fireplace that steals the show when you enter. Gorgeous chefs kitchen with custom cabinetry, a gigantic quartz island and undercab lighting makes you want to cook for everyone you know. Fill your home with events that stretch out onto the deck, bbq or

    Israel Hill John L. Scott Portland Central

    Section Image
  • 2490 SW Scenic Dr, Portland, OR 97225

    $1,075,000

    • 5 Beds
    • 3 Baths
    • 3,096 Sq Ft
    • 2490 SW Scenic Dr
    • Portland, OR

    Why hasn’t this home sold yet?! Seriously—this place is the total package! Welcome to Scenic Drive, where retro-cool 1970s style meets sleek mid-century modern flair. This fully renovated split-level stunner offers 4 bedrooms, 3 full baths, and a den/home office, all packed into a smart, flexible layout with serious potential for multigenerational living, dual living, or even an ADU setup with a

    Israel Hill John L. Scott Portland Central

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $800,000 Wfg Title
Personal Reps Deed $70,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $760,000 Adjustable Rate Mortgage/ARM
Closed $10,000,000 Commercial
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $1,155,000 -3.3% $238 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $1,195,000 0.0% $246 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $1,195,000 +39.8% $246 / Sq Ft
03/25/2016 03/25/16 Sold $855,000 -18.6% $132 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $1,050,000 -- $163 / 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 $5,463 $204,180 -- --
2023 $5,253 $198,240 $0 $0
2022 $5,139 $192,470 $0 $0
2021 $5,052 $186,870 $0 $0
2020 $4,635 $181,430 $0 $0
2019 $4,465 $176,150 $0 $0
2018 $4,333 $171,020 $0 $0
2017 $4,153 $166,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24621749

Regional Multiple Listing Service (RMLS)

APN: R223644