NOT LISTED FOR SALE

3914 N Michigan Ave Portland, OR 97227

Boise Neighborhood

Estimated Value: $520,000 - $556,000

3 Beds
1 Bath
1,608 Sq Ft
$338/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $450,000 $280 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,114/month

78 Days on Market

Highlights

  • Views
  • Level Lot
  • Wood Siding
  • Landscaped with Trees

About This Home

As of February 2021

Artsy 1904 lap and cedar shake cottage with wood floors throughout the main and an open Living/Dining/Kitchen plan. The Attic is full Height ~ unfinished and great for tucking away the extra's. Porch friendly, awesome location to enjoy Hip Mississippi Amenities & Eateries!

Last Agent to Sell the Property

Douglas Landers

John L. Scott Portland Central License #200903041 Listed on: 09/10/2020

John L. Scott Portland Central

Co-Listed By

Carol Ann Landers

John L. Scott Portland Central License #950100027

Last Buyer's Agent

Douglas Landers

John L. Scott Portland Central License #200903041 Listed on: 09/10/2020

John L. Scott Portland Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,204

Year Built

  • Built in 1904

Lot Details

  • Level Lot
  • Landscaped with Trees
  • Property is zoned R1

Parking

  • On-Street Parking
  • Off-Street Parking

Home Design

  • Wood Siding
  • Lap Siding
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Property Views

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,204

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Cottage
  • Sq Ft Calculated: 1008
  • Sq Ft Approximate Total: 1608
  • Stories: 2
  • Year Built: 1904
  • Property Condition: Approximately
  • Remarks Public: Artsy 1904 lap and cedar shake cottage with wood floors throughout the main and an open Living/Dining/Kitchen plan. The Attic is full Height ~ unfinished and great for tucking away the extra's. Porch friendly, awesome location to enjoy Hip Mississippi Amenities & Eateries!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • All Room Features: High Ceilings, Wood Floors, Closet
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Kitchen Appliances: Dishwasher, Free-Standing Range
  • Legal Description: MULTNOMAH, BLOCK 23, SLY 33 1/3' OF LOT 14, LOT 16
  • Sq Ft Lower Level: 600
  • Sq Ft Main Level: 1008
  • Bedrooms: 3
  • Master Bedroom: Features: High Ceilings, Wood Floors, Closet,On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 1
  • Living Room: Features: High Ceilings, Wood Floors,On Level: Main
  • Kitchen: Features: High Ceilings, Wood Floors,On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior Description: Lap Siding, Shake Siding, Wood Siding
  • Lot Size: 3K-4,999SF
  • Lot Dimensions: 33.33 X 100
  • Roof Type: Composition
  • View: Seasonal
  • Foundation Details: Other
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Parking Description: On Street, Off Street

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level, Trees
  • Zoning: R1

Rental Info

  • Rent Amount: 2027

Tax Info

  • Tax Amount: 2390.85
  • Assessor Parcel Number: R223673
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Jan 26, 2021
Sold by
Marin Courtney
Bought by
Landers Douglas K and Landers Carol A
Seller's Agent
Douglas Landers
John L. Scott Portland Central
Buyer's Agent
Douglas Landers
John L. Scott Portland Central
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Total Days on Market
78
Current Estimated Value
$543,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,108
Avg. Annual Appreciation
4.43%
Original Mortgage
$427,500
Outstanding Balance
$386,082
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$158,525

Purchase Details

Closed on
Jan 14, 2011
Sold by
Mcelroy Thomas A
Bought by
Mcelroy Thomas A and The Thomas Arthur Mcelroy Revocable Livi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2006
Sold by
Mcelroy Thomas A
Bought by
The Thomas Arthur Mcelroy Revocable Tr
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
Landers Douglas K $450,000 Lawyers Title
Mcelroy Thomas A -- Ticor Title
Mcelroy Thomas A -- Ticor Title
The Thomas Arthur Mcelroy Revocable Tr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landers Madelaine E $50,000
Open Landers Douglas K $427,500
Previous Owner Mcelroy Thomas A $354,000
Previous Owner The Thomas Arthur Mcelroy Revocable Tr $364,000
Previous Owner Mcelroy Thomas $214,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $450,000 +5.9% $280 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $425,000 -10.5% $264 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $475,000 -- $295 / 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 $1,204 $45,440 $0 $0
2022 $1,178 $44,120 $0 $0
2021 $1,158 $42,840 $0 $0
2020 $2,482 $97,150 $0 $0
2019 $2,391 $94,330 $0 $0
2018 $2,321 $91,590 $0 $0
2017 $2,224 $88,930 $0 $0
2016 $2,036 $86,340 $0 $0
2015 $1,982 $83,830 $0 $0
2014 $1,952 $81,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20372604

Regional Multiple Listing Service (RMLS)

APN: R223673