NOT LISTED FOR SALE

3935 SE 31st Ave Portland, OR 97202

Creston-Kenilworth Neighborhood

Estimated Value: $636,000 - $813,000

4 Beds
3 Baths
2,410 Sq Ft
$313/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $414,000 $172 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,805/month

33 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Level Lot
  • Cleveland High School Rated A-
  • Air Conditioning
  • Wood Siding

About This Home

As of January 2014

Outstanding close-in location! This turn-key investment opportunity has many updates already completed. Well-maintained duplex with possible expansion in high & dry lower level. Updated electricals, laundry & outdoor spaces already in place. Current rent $1200 per month Blocks from parks, pubs & shops. Bike and transit friendly. Viewing of upper unit is subject to appointment.

Last Agent to Sell the Property

Lenore LaTour

Windermere Realty Trust License #200209126 Listed on: 11/15/2013

Windermere Realty Trust

Last Buyer's Agent

Michael Smira

John L. Scott Portland Central License #201206047

John L. Scott Portland Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,347

Year Built

  • Built in 1890

Lot Details

  • 5,009

Parking

  • Paved Parking

Home Design

  • Wood Siding
  • Lap Siding

Interior Spaces

  • 3-Story Property
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Utilities

  • Air Conditioning
  • Heating System Uses Gas

Additional Features

  • Deck
  • Level Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,347

Year Built

Built in 1890

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Stories: 3
  • Year Built: 1890
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Exterior Entry, Unfinished
  • Legal Description: KENILWORTH, BLOCK 6, LOT 15

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Paved

Utilities

  • Fuel Description: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air - 90%
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Hardwood Floors, Range, Refrigerator, Air Conditioning

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: R2.5

Tax Info

  • Tax Amount: 4921.45
  • Assessor Parcel Number: R195622

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.30

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2013
Closed on
Jan 30, 2014
Sold by
Gilliam Suzanne E J
Bought by
Riedel Brian R
Seller's Agent
Lenore LaTour
Windermere Realty Trust
Buyer's Agent
Michael Smira
John L. Scott Portland Central
List Price
$429,000
Sold Price
$414,000
Premium/Discount to List
-$15,000
-3.5%
Current Estimated Value
$754,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,176
Avg. Annual Appreciation
5.33%
Original Mortgage
$310,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Griffin Joanie A
Bought by
Gilliam Suzanne E J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 18, 2002
Sold by
Brandstetter Scott J
Bought by
Griffin Joanie A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Riedel Brian R $414,000 Fidelity Natl Title Co Of Or
Gilliam Suzanne E J $389,000 First American
Griffin Joanie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riedel Brian R $284,000
Closed Riedel Brian R $310,500
Previous Owner Gilliam Suzanne E J $198,000
Previous Owner Griffin Joanie $295,000
Previous Owner Griffin Joanie A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $414,000 -3.5% $172 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $429,000 -- $178 / 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 $8,347 $311,970 -- --
2023 $8,026 $302,890 $0 $0
2022 $7,852 $294,070 $0 $0
2021 $7,719 $285,510 $0 $0
2020 $7,082 $277,200 $0 $0
2019 $6,821 $269,130 $0 $0
2018 $6,621 $261,300 $0 $0
2017 $6,346 $253,690 $0 $0
2016 $5,807 $246,310 $0 $0
2015 $5,655 $239,140 $0 $0
2014 $5,570 $232,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lenore LaTour

    Seller's Agent in 2014

    Lenore LaTour

    Windermere Realty Trust

    (503) 888-8576

    2 in this area

    70 Total Sales

    Lenore LaTour
    Section Image
  • Michael Smira

    Buyer's Agent in 2014

    Michael Smira

    John L. Scott Portland Central

    (503) 935-2560

    2 in this area

    178 Total Sales

    Michael Smira
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13314776

Regional Multiple Listing Service (RMLS)

APN: R195622

Oregon Multnomah County Portland 97202 Creston-Kenilworth

3935 SE 31st Ave, Portland, OR

This home is located at 3935 SE 31st Ave, Portland, OR 97202 since 15 November 2013 and is currently estimated at $754,176, approximately $312 per square foot. This property was built in 1890. 3935 SE 31st Ave is a home located in Multnomah County with nearby schools including Grout Elementary School, Hosford Middle School, and Cleveland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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