NOT LISTED FOR SALE

403 SE 15th Ave Unit 405 Portland, OR 97214

Buckman Neighborhood

Estimated Value: $701,000 - $787,000

4 Beds
2 Baths
2,162 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $662,500 $306 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,298/month

49 Days on Market

Highlights

  • City View
  • Corner Lot
  • No Heating
  • Cleveland High School Rated A-
  • Wood Siding

About This Home

As of August 2021

Take a step back in time and appreciate everything this incredible building has to offer! Built in 1911 and updated tastefully throughout the years, this duplex offers endless possibilities! With two main units, a full basement witha kitchenette and an open attic for storage, you can let your imagination run wild. Should you live in one unit and rent out the other? Multi family living situation with privacy? Artist studio in the basement? Investment potential here is incredible. Come see today!

Last Agent to Sell the Property

Vivian Chappell

Premiere Property Group, LLC License #201213610 Listed on: 05/24/2021

Premiere Property Group, LLC

Last Buyer's Agent

Dave Reed

Rose City Realty Group License #201206934

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,606

Year Built

  • Built in 1911

Lot Details

  • 1,655

Home Design

  • Composition Roof
  • Wood Siding

Schools

  • Buckman Elementary School
  • Sellwood Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • No Heating

Additional Features

  • City Views
  • Corner Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R124421

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,606

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1911
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 0K to 2,999 SqFt
  • View: Yes
  • Lot Features: CornerLot
  • Disclosures: Exempt
  • Roof: Composition
  • View: City

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle Or Junior School: Sellwood

Lot Info

  • Zoning: R2.5
  • Parcel #: R124421

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 4606.15

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 21, 2021
Sold by
Rice Daphne Anne and Estate Of Donald R Richardson
Bought by
Rowe John and Handwerg Joan
Seller's Agent
Vivian Chappell
Premiere Property Group, LLC
Buyer's Agent
Dave Reed
Rose City Realty Group
List Price
$699,900
Sold Price
$662,500
Premium/Discount to List
-$37,400
-5.34%
Current Estimated Value
$725,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,825
Avg. Annual Appreciation
2.21%
Original Mortgage
$496,875
Outstanding Balance
$451,523
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$273,802
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
Rowe John $662,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowe John $496,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $662,500 0.0% $306 / Sq Ft
08/09/2021 08/09/21 Sold $662,500 -5.3% $205 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/25/2021 06/25/21 Pending -- -- --
05/18/2021 05/18/21 Price Changed $699,900 0.0% $216 / Sq Ft
05/07/2021 05/07/21 For Sale $699,900 -6.7% $324 / Sq Ft
05/07/2021 05/07/21 For Sale $749,900 -- $232 / 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 $5,429 $202,910 -- --
2023 $5,429 $197,000 $0 $0
2022 $5,107 $191,270 $0 $0
2021 $5,021 $185,700 $0 $0
2020 $4,606 $180,300 $0 $0
2019 $4,437 $175,050 $0 $0
2018 $4,306 $169,960 $0 $0
2017 $4,127 $165,010 $0 $0
2016 $3,777 $160,210 $0 $0
2015 $3,678 $155,550 $0 $0
2014 $3,623 $151,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21696348

Regional Multiple Listing Service (RMLS)

APN: R124421