NOT LISTED FOR SALE

4005-4007 SE 31st Ave Portland, OR 97202

Creston-Kenilworth Neighborhood

Estimated Value: $567,000 - $629,000

4 Beds
2 Baths
1,632 Sq Ft
$366/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $585,000 $358 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,790/month

72 Days on Market

Highlights

  • Territorial View
  • Baseboard Heating
  • 1-Story Property
  • Cleveland High School Rated A-
  • Level Lot

About This Home

As of February 2024

A beautiful Multifamily Property in Portland's Creston-Kenilworth Neighborhood. NEW Exterior paint. This duplex is charming and offers an open floor plan in each unit. Each unit has 2beds, 1bath. One unit has been updated, One unit is dated. Both units have dining areas that overlook a private patio backyard. This is a GREAT investment opportunity. Please note unit is OCCUPIED. Do not disturb tenant.

Last Agent to Sell the Property

Lillie Barr

eXp Realty, LLC Brokerage Phone: License #201252433 Listed on: 10/24/2023

eXp Realty, LLC

Co-Listed By

Risa Davis

eXp Realty, LLC Brokerage Phone: License #200308111

Last Buyer's Agent

Jessie Moore

Proud Realty LLC License #201241584

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,004

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Unfinished Basement

  • Partial Basement
  • Basement Storage

Parking

  • 2 Parking Spaces
  • Open Parking
  • Off-Site Parking

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R195620

Community Details

Overview

  • 2 Units
  • Creston Kenilworth Subdivision

Building Details

  • Operating Expense $8,104
  • Gross Income $40,140
  • Net Operating Income $40,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,004

Year Built

Built in 1965 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1965
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Concrete
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: OffSite, Open
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R25
  • Parcel #: R195620

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6004.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.57
  • Annual Gross Income: 40140.0
  • Property Net Operating Income: 40140.0
  • Annual Operating Expense: 8104.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Jan 25, 2024
Sold by
Stone Living Trust
Bought by
Herrick Clinton
Seller's Agent
Lillie Barr
eXp Realty, LLC
Buyer's Agent
Jessie Moore
Proud Realty LLC
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Views
34
Current Estimated Value
$598,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,058
Avg. Annual Appreciation
1.34%
Original Mortgage
$438,750
Outstanding Balance
$431,425
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$165,772

Purchase Details

Closed on
Apr 4, 2013
Sold by
Kremers William B
Bought by
Didelius Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,584
Interest Rate
3.47%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2007
Sold by
Scanlon Robert A
Bought by
Paniker Parwathi and Kremers William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2000
Sold by
Scanlon Robert A
Bought by
Scanlon Robert A and Robert A Scanlon Trust
Source: Public Records

Range of Values:

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Average Value
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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
Herrick Clinton $585,000 Lawyers Title
Didelius Robert $299,000 Wfg Title
Paniker Parwathi $295,000 Pacific Nw Title
Scanlon Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrick Clinton $438,750
Previous Owner Didelius Robert $293,584
Previous Owner Kremers William B $236,800
Previous Owner Paniker Parwathi $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $585,000 0.0% $358 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/07/2023 12/07/23 Price Changed $585,000 -2.3% $358 / Sq Ft
10/24/2023 10/24/23 For Sale $599,000 -- $367 / 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 $6,382 $238,530 -- --
2023 $6,137 $231,590 $0 $0
2022 $6,004 $224,850 $0 $0
2021 $5,903 $218,310 $0 $0
2020 $5,415 $211,960 $0 $0
2019 $5,216 $205,790 $0 $0
2018 $5,063 $199,800 $0 $0
2017 $4,852 $193,990 $0 $0
2016 $4,441 $188,340 $0 $0
2015 $4,324 $182,860 $0 $0
2014 $4,259 $177,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lillie Barr

    eXp Realty, LLC

    (888) 814-9613

    1 in this area

    21 Total Sales

    Lillie Barr
    Section Image
  • Risa Davis

    Seller Co-Listing Agent in 2024

    Risa Davis

    eXp Realty, LLC

    (503) 358-4311

    2 in this area

    40 Total Sales

    Risa Davis
    Section Image
  • Jessie Moore

    Buyer's Agent in 2024

    Jessie Moore

    Proud Realty LLC

    (585) 259-1929

    1 in this area

    26 Total Sales

    Jessie Moore
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23101736

Regional Multiple Listing Service (RMLS)

APN: R195620

Oregon Multnomah County Portland 97202 Creston-Kenilworth

4005-4007 SE 31st Ave, Portland, OR

This home is located at 4005-4007 SE 31st Ave, Portland, OR 97202 since 24 October 2023 and is currently estimated at $598,058, approximately $366 per square foot. This property was built in 1965. 4005-4007 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.

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.

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