NOT LISTED FOR SALE

4005 SE Cesar Estrada Chavez Blvd Portland, OR 97202

Creston-Kenilworth Neighborhood

Estimated Value: $660,000 - $707,114

3 Beds
3 Baths
1,965 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $660,000 $336 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,378/month

55 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Detached Garage
  • Cleveland High School Rated A-
  • Corner Lot
  • Security Gate

About This Home

As of December 2021

Successful, income producing triplex with a strong, consistent rental history. Close in and conveniently located near shopping, bus line and other amenities. Each unit is approximately 655 sq. ft., 1 bdrm, 1 bath with a private, fenced yard and shared and fenced back deck.There is a 678 sq. ft secure basement with coin-operated laundry and personal storage. Showings can be arranged on mutually accepted offer.Please do not disturb tenants.Seller is a licensed real estate agent in the State of OR.

Last Agent to Sell the Property

Rick Melner

Stellar Realty Northwest License #201223386 Listed on: 08/27/2021

Last Buyer's Agent

Chelsea Lewis

Think Real Estate License #201212428

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,018

Year Built

  • Built in 1949

Lot Details

  • 5,009

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Storage
  • Wood Flooring
  • Partial Basement
  • Security Gate

Parking

  • Detached Garage
  • Parking Storage or Cabinetry

Additional Features

  • Deck
  • Corner Lot
  • Property is near a bus stop
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,018

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1965
  • Stories: 1
  • Year Built: 1949
  • Remarks Public: Successful, income producing triplex with a strong, consistent rental history. Close in and conveniently located near shopping, bus line and other amenities. Each unit is approximately 655 sq. ft., 1 bdrm, 1 bath with a private, fenced yard and shared and fenced back deck.There is a 678 sq. ft secure basement with coin-operated laundry and personal storage. Showings can be arranged on mutually accepted offer.Please do not disturb tenants.Seller is a licensed real estate agent in the State of OR.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Williamd add, lot 10 block 4
  • Basement: Partial Basement
  • Storage: Garage(s), Individual Storage Units

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Detached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Security: Security Gate, Sidewalk

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Deck, Storage, Unfurnished, Wood Floors

Schools

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

Lot Info

  • Lot Description: On Busline, Corner Lot
  • Zoning: R1

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6803.20
  • Assessor Parcel Number: R308445
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.98

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Dec 16, 2021
Sold by
Melner Rick J and Melner Elisabeth
Bought by
Livesey George A and Livesey Joella
Seller's Agent
Rick Melner
Stellar Realty Northwest
Buyer's Agent
Chelsea Lewis
Think Real Estate
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Current Estimated Value
$681,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,029
Avg. Annual Appreciation
0.85%
Original Mortgage
$495,000
Outstanding Balance
$456,085
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$224,944

Purchase Details

Closed on
Apr 15, 2021
Sold by
Melner Rick J and Melner Elisabeth H
Bought by
Melner Rick J and Melner Elisabeth H

Purchase Details

Closed on
Oct 20, 2020
Sold by
Melner Rick J
Bought by
Melner Rick J and Melner Elisabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2016
Sold by
Meiner Elisabeth
Bought by
Meiner Rick J

Purchase Details

Closed on
Feb 14, 2007
Sold by
Saso & Co Llc
Bought by
Melner Rick J and Melner Elisabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Livesey George A $660,000 Western Title & Escrow
Melner Rick J -- None Listed On Document
Melner Rick J -- Western Title & Escrow
Meiner Rick J -- Wfg Title
Melner Rick J $258,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livesey George A $495,000
Previous Owner Melner Rick J $343,600
Previous Owner Melner Rick $276,500
Previous Owner Melner Rick J $226,500
Previous Owner Melner Rick J $230,000
Previous Owner Melner Rick J $180,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $660,000 -2.2% $336 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/04/2021 10/04/21 Price Changed $675,000 -3.4% $344 / Sq Ft
08/27/2021 08/27/21 For Sale $699,000 -- $356 / 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 $8,018 $299,690 -- --
2023 $8,018 $290,970 $0 $0
2022 $7,543 $282,500 $0 $0
2021 $7,416 $274,280 $0 $0
2020 $6,803 $266,300 $0 $0
2019 $6,553 $258,550 $0 $0
2018 $6,360 $251,020 $0 $0
2017 $6,096 $243,710 $0 $0
2016 $5,579 $236,620 $0 $0
2015 $5,432 $229,730 $0 $0
2014 $5,350 $223,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rick Melner

    Stellar Realty Northwest

    Section Image
  • Chelsea Lewis

    Buyer's Agent in 2021

    Chelsea Lewis

    Think Real Estate

    (916) 214-2982

    1 in this area

    60 Total Sales

    Chelsea Lewis
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21180015

Regional Multiple Listing Service (RMLS)

APN: R308445

Oregon Multnomah County Portland 97202 Creston-Kenilworth

4005 SE Cesar Estrada Chavez Blvd, Portland, OR

This home is located at 4005 SE Cesar Estrada Chavez Blvd, Portland, OR 97202 since 27 August 2021 and is currently estimated at $681,029, approximately $346 per square foot. This property was built in 1949. 4005 SE Cesar Estrada Chavez Blvd 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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