NOT LISTED FOR SALE

4020 N Albina Ave Unit 4022 Portland, OR 97227

Boise Neighborhood

Estimated Value: $607,750 - $795,000

6 Beds
3 Baths
2,388 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $675,000 $283 Per Sq Ft

Current estimated payment $3,981/month

57 Days on Market

Highlights

  • Deck
  • Level Lot
  • 3-minute walk to Denorval Unthank City Park
  • Wood Flooring
  • Wood Siding

About This Home

As of August 2019

Vintage Victorian Duplex in one of Portlands hottest areas!! Shows fantastic. Tall Ceilings, Light & Bright w/Tremendous Charm! One Vintage unit w/original moldings, Retro decor & other unit w/contemporary Remodel. NEW Kitchen, floors, bath, paint,.Parking for 6 sm. cars.Great rental income($4,150) Live in one& rent the other.Walk to restaurants,shopping, etc!Room to build garage (Buyer to verify) Walking score is 92! Bike score is 100!

Last Agent to Sell the Property

Lorna & Sarah Murray

RE/MAX Equity Group License #880400197 Listed on: 06/04/2019

RE/MAX Equity Group

Last Buyer's Agent

Jeffrey Capen

Windermere Realty Trust License #200308199

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1896 | Remodeled

Lot Details

  • 5,009

Home Design

  • Wood Siding

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Wood Flooring
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • Deck
  • Level Lot
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Year Built

Built in 1896 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2388
  • Year Built: 1896
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CENTRAL ALBINA, BLOCK 18, LOT 11
  • Basement: Finished, Full Basement

Exterior Features

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

Utilities

  • Fuel Description: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Hardwood Floors, Range, Washer/Dryer Hookup

Lot Info

  • Lot Description: Level
  • Zoning: ..

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 3484.97
  • Assessor Parcel Number: R131100
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 23, 2019
Sold by
Oregon Residential Properties Llc
Bought by
Effros Rachel M
Seller's Agent
Lorna & Sarah Murray
RE/MAX Equity Group
Buyer's Agent
Jeffrey Capen
Windermere Realty Trust
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Current Estimated Value
$677,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,438
Avg. Annual Appreciation
0.06%
Original Mortgage
$494,500
Outstanding Balance
$433,048
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$244,390

Purchase Details

Listed on
Jul 5, 2014
Closed on
Aug 15, 2014
Sold by
Lee Carole L
Bought by
Oregon Residential Properties Llc
Seller's Agent
Reese Iris
Windermere Realty Trust
Buyer's Agent
Lorna & Sarah Murray
RE/MAX Equity Group
List Price
$469,900
Sold Price
$370,000
Premium/Discount to List
-$99,900
-21.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%

Purchase Details

Closed on
Oct 10, 2012
Sold by
Lee Carol L
Bought by
Lee Carole L and Carol L Lee Trust

Purchase Details

Closed on
Mar 27, 2008
Sold by
Lee Carole
Bought by
Lee Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
5.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Effros Rachel M $675,000 Fidelity Natl Ttl Co Of Or
Oregon Residential Properties Llc $370,000 Fidelity National Title Co
Lee Carole L -- None Available
Lee Carole -- Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Effros Rachel M $494,500
Previous Owner Lee Carole $154,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2019 08/29/19 Sold $675,000 0.0% $283 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/20/2019 07/20/19 Price Changed $675,000 -6.9% $283 / Sq Ft
06/04/2019 06/04/19 For Sale $725,000 +95.9% $304 / Sq Ft
08/15/2014 08/15/14 Sold $370,000 -21.3% $158 / Sq Ft View Prior Sale
07/12/2014 07/12/14 Pending -- -- --
07/05/2014 07/05/14 For Sale $469,900 -- $200 / 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
2025 $5,049 $187,390 -- --
2024 $4,868 $181,940 -- --
2023 $4,681 $176,650 $0 $0
2022 $4,580 $171,510 $0 $0
2021 $4,502 $166,520 $0 $0
2020 $4,130 $161,676 $0 $0
2019 $3,590 $141,660 $0 $0
2018 $3,485 $137,540 $0 $0
2017 $3,340 $133,540 $0 $0
2016 $3,057 $129,660 $0 $0
2015 $2,977 $125,890 $0 $0
2014 $2,932 $122,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Capen

    Buyer's Agent in 2019

    Jeffrey Capen

    Windermere Realty Trust

    (503) 888-5191

    3 in this area

    295 Total Sales

    Jeffrey Capen
    Section Image
  • Reese Iris

    Seller's Agent in 2014

    Reese Iris

    Windermere Realty Trust

    (503) 539-1143

    72 Total Sales

    Reese Iris
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19651941

Regional Multiple Listing Service (RMLS)

APN: R131100

Oregon Multnomah County Portland 97227 Boise

4020 N Albina Ave Unit 4022, Portland, OR

Not Listed for Sale

MultiFamily

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