NOT LISTED FOR SALE

3948 SE Main St Portland, OR 97214

Sunnyside Neighborhood

Estimated Value: $683,000 - $777,232

4 Beds
4 Baths
1,920 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $725,000 $378 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,561/month

3 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 1-Story Property
  • Storage
  • Wood Siding

About This Home

As of May 2021

Fantastic Hawthorne Location. Walk to bus,3 bus lines shopping and all that Hawthorne has to offer. 4 plex -Family owned for 58 years. Natural wood ceilings, well maintained, one level. 3 units updated, plank flooring in 2 units. Individual patio's. Off street parking. 96 walk score.

Last Agent to Sell the Property

Joel Bohrer

Bohrer Realty License #800400298 Listed on: 03/17/2021

Last Buyer's Agent

Adrienne Flagg

Urban Nest Realty License #201212518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,060

Year Built

  • Built in 1960

Lot Details

  • 4,269

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Storage
  • Wood Flooring
  • Range

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units
  • Property managed by Gordon Properties

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,060

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1920
  • Stories: 1
  • Year Built: 1960
  • Property Condition: Existing
  • Remarks Public: Fantastic Hawthorne Location. Walk to bus,3 bus lines shopping and all that Hawthorne has to offer. 4 plex -Family owned for 58 years. Natural wood ceilings, well maintained, one level. 3 units updated, plank flooring in 2 units. Individual patio's. Off street parking. 96 walk score.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SUNNYSIDE ADD, BLOCK 10, LOT 9
  • Basement: None
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Slab
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Management Name: Gordon Properties
  • Common Amenities: Laundry
  • Unit Features: Range, Refrigerator, Wood Floors

Schools

  • Elementary School: Sunnyside Env
  • Middle School: Sunnyside Env
  • High School: Franklin

Lot Info

  • Lot Description: Level
  • Zoning: r2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4952.58
  • Assessor Parcel Number: R281210
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 18.66

MLS Schools

  • Elementary School: Sunnyside Env
  • High School: Franklin
  • Middle School: Sunnyside Env

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 18, 2021
Sold by
Ward Rachel Lipsey Aaron and Ward Brandon S
Bought by
Farrington Family Main Llc
Seller's Agent
Joel Bohrer
Bohrer Realty
Buyer's Agent
Adrienne Flagg
Urban Nest Realty
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$744,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,308
Avg. Annual Appreciation
0.61%
Original Mortgage
$543,750
Outstanding Balance
$493,819
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$250,489

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 6, 2021
Sold by
Rodabaugh Family Lp
Bought by
Lipsey Rachel and Ward Aaron
Seller's Agent
Joel Bohrer
Bohrer Realty
Buyer's Agent
Adrienne Flagg
Urban Nest Realty
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Outstanding Balance
$493,819
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$250,489
Source: Public Records

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 Buyer Sale Price Title Company
Farrington Family Main Llc -- None Available
Lipsey Rachel $725,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipsey Rachel $543,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $725,000 -3.3% $378 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $750,000 -- $391 / 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 $6,060 $226,490 -- --
2023 $5,827 $219,900 $0 $0
2022 $5,701 $213,500 $0 $0
2021 $5,605 $207,290 $0 $0
2020 $5,142 $201,260 $0 $0
2019 $4,953 $195,400 $0 $0
2018 $4,807 $189,710 $0 $0
2017 $4,607 $184,190 $0 $0
2016 $4,216 $178,830 $0 $0
2015 $4,106 $173,630 $0 $0
2014 $4,044 $168,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joel Bohrer

    Bohrer Realty

    (503) 254-7500

    1 in this area

    74 Total Sales

    Joel Bohrer
    Section Image
  • Adrienne Flagg

    Buyer's Agent in 2021

    Adrienne Flagg

    Urban Nest Realty

    (503) 317-4833

    2 in this area

    53 Total Sales

    Adrienne Flagg
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21470504

Regional Multiple Listing Service (RMLS)

APN: R281210

Oregon Multnomah County Portland 97214 Sunnyside

3948 SE Main St, Portland, OR

This home is located at 3948 SE Main St, Portland, OR 97214 since 17 March 2021 and is currently estimated at $744,308, approximately $387 per square foot. This property was built in 1960. 3948 SE Main St is a home located in Multnomah County with nearby schools including Sunnyside Environmental School, Franklin High School, and All Saints 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes