NOT LISTED FOR SALE

3970 N Interstate Ave Unit 406 Portland, OR 97227

Boise Neighborhood

Estimated Value: $408,000 - $436,000

2 Beds
2 Baths
1,450 Sq Ft
$530/mo HOA Fee

Last Sold May 19, 2023

Last sale price $410,000 $283 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,289/month

75 Days on Market

Highlights

  • Gated Community
  • 4-minute walk to Overlook Park
  • Wood Flooring
  • Beach Elementary School Rated A-
  • City View
  • Corner Lot

About This Home

As of May 2023

Aptly named, this top-floor unit in The Overlook lets you feel like you are floating above the city! With abundant natural light, expansive downtown and West Hills views, and ample space to stretch out, options abound for urban living in the heart of Interstate. Convenient to everything, this condo features bamboo floors, a primary suite w/ massive walk-through closet, open kitchen/dining/living area, oversized balcony and great storage. Secure parking, a healthy HOA, and a strong communal vibe!

Last Agent to Sell the Property

Michael Bluhm

Neighbors Realty License #201218396 Listed on: 02/03/2023

Co-Listed By

Kimberly Minasian

Neighbors Realty License #200503259

Last Buyer's Agent

Stan Molenkamp

Works Real Estate License #201245543

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,805

Year Built

  • Built in 2008

Lot Details

  • 218

HOA Fees

  • $530 Monthly HOA Fees

Property Views

  • City
  • Territorial

Home Design

  • Built-Up Roof
  • Cement Siding
  • Metal Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Natural Light
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Intercom Access
  • Smart Lights or Controls
  • Security Lights
  • Security Gate

Parking

  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Parking

Schools

  • Beach Elementary School
  • Ockley Green Middle School
  • Jefferson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Gated Home
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number R612633

Community Details

Overview

  • $250 One-Time Secondary Association Fee
  • 30 Units
  • Overlook Heights Condominiums Association, Phone Number (503) 684-1832
  • The Overlook Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Community Storage Space

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,805

Year Built

Built in 2008

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2008
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Loft
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 30
  • CondominiumWasherDryer: HookupAvailable
  • Open House: No
  • PublicRemarksCondominium: Rental cap not met - is 9/30 units and currently at 5/30 rentals. In-unit laundry, balcony with city and West Hills views. Very healthy HOA with no special assessments and abundant reserves. Secure, gated and deeded parking close to building.
  • Room 11 Features: KitchenDiningRoomCombo
  • Room 13 Features: ClosetOrganizer
  • Special Features: None

Interior Features

  • Accessibility Features: AccessibleElevatorInstalled, BuiltinLighting, NaturalLighting, OneLevel, Parking, WalkinShower
  • Total Bathrooms: 2.0
  • Interior Amenities: LinseedFloor, LoVOCMaterial, WasherDryer, WoodFloors
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Room 5 Description: Storage
  • Room 5 Level: Main
  • Window Features: VinylFrames
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 4
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding,MetalSiding
  • Exterior Features: SecurityLights, SmartLight, StormDoor
  • View: Yes
  • Lot Features: CornerLot, Gated, LightRail
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: BuiltUp
  • View: City,Territorial

Garage/Parking

  • Parking Description: Deeded, Secured
  • Attached Garage: No
  • CondominiumGarageType: Deeded

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Entry, IntercomEntry, SecurityGate, SecurityLights
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, ExteriorMaintenance, Gated, Insurance, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association #2 Fee: 250.0
  • Association #2 Fee Frequency: OneTime
  • Association Fee: 530.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Holly Thompson
  • CondominiumAssociationName: Overlook Heights Condominiums
  • CondominiumAssociationPhone: 503-684-1832
  • CondominiumAssociationURLYN: No

Schools

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

Lot Info

  • Farm: No
  • Parcel #: R612633

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 5805.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Apr 20, 2023
Sold by
Cerruti Geoff
Bought by
Hall Lindsey and Stevens Bret Dylan
Seller's Agent
Michael Bluhm
Neighbors Realty
Buyer's Agent
Stan Molenkamp
Works Real Estate
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%
Views
32
Current Estimated Value
$423,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,493
Avg. Annual Appreciation
1.39%
Original Mortgage
$397,700
Outstanding Balance
$386,418
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$37,075

Purchase Details

Closed on
Jul 31, 2009
Sold by
Overlook Heights Llc
Bought by
Cerruti Geoff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,607
Interest Rate
4.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hall Lindsey $410,000 First American Title
Cerruti Geoff $259,900 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Lindsey $397,700
Previous Owner Cerruti Geof F $194,837
Previous Owner Cerruti Geoff $244,607
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $410,000 0.0% $283 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
03/16/2023 03/16/23 Price Changed $410,000 -4.4% $283 / Sq Ft
02/03/2023 02/03/23 For Sale $429,000 -- $296 / 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 $6,277 $234,610 -- $234,610
2023 $6,036 $227,780 $0 $227,780
2022 $5,905 $221,150 $0 $0
2021 $5,805 $214,710 $0 $0
2020 $5,326 $208,460 $0 $0
2019 $5,130 $202,390 $0 $0
2018 $4,979 $196,500 $0 $0
2017 $4,772 $190,780 $0 $0
2016 $4,367 $185,230 $0 $0
2015 $4,253 $179,840 $0 $0
2014 $4,189 $174,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Bluhm

    Seller's Agent in 2023

    Michael Bluhm

    Neighbors Realty

    (503) 863-7390

    2 in this area

    76 Total Sales

    Michael Bluhm
    Section Image
  • Kimberly Minasian

    Seller Co-Listing Agent in 2023

    Kimberly Minasian

    Neighbors Realty

    (503) 349-5457

    2 in this area

    103 Total Sales

    Kimberly Minasian
    Section Image

  • S

    Buyer's Agent in 2023

    Stan Molenkamp

    Works Real Estate

    (503) 714-7053

    1 in this area

    3 Total Sales

    Stan Molenkamp
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23290941

Regional Multiple Listing Service (RMLS)

APN: R612633

Oregon Multnomah County Portland 97227 Boise

3970 N Interstate Ave Unit 406, Portland, OR

This home is located at 3970 N Interstate Ave Unit 406, Portland, OR 97227 since 03 February 2023 and is currently estimated at $423,493, approximately $292 per square foot. This property was built in 2008. 3970 N Interstate Ave Unit 406 is a home located in Multnomah County with nearby schools including Beach Elementary School, Ockley Green, and Jefferson High School.

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