NOT LISTED FOR SALE

4152 NE Cleveland Ave Portland, OR 97211

Boise Neighborhood

Estimated Value: $807,000 - $891,000

3 Beds
3.5 Baths
2,572 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $800,000 $311 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,670/month

24 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • Private Yard
  • Built-In Refrigerator
  • High Ceiling
  • Covered Patio or Porch

About This Home

As of November 2023

Why rent when you can own instead? Thousands of dollars in rental income from the ADU makes your dream a reality! This modern farmhouse-style townhome has an income-producing ADU and is mere steps to bustling Williams Corridor. Built in 2019, this light and bright end unit scored a perfect 10 Home Energy Score thanks to an on-demand water heater, 60-amp car charging outlet, double-paned windows, high-efficiency HVAC, smart home connectivity, and loads of insulation. Save money on utilities while making money renting out the studio ADU! Or use it as a third suite, family room, multigenerational space, or home office. ADU has interior access as well as a separate exterior entrance. It's easy to live and rent in the highly-desirable Williams District with its award-winning restaurants, lounges and coffee shops. Walkable to New Seasons and many other services as well. If you're a homebody, then just relax in front of the gas fireplace or on the covered, heated deck. There's even a private patio and small, fenced yard for your pup and garden. A win-win for today's urban, energy-conscious homeowner or investor looking to offset mortgage payments. So many options here! Come have a look to see how this turnkey property will work for your needs. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10177025]

Last Agent to Sell the Property

Joe Dressman

Think Real Estate License #200706105 Listed on: 09/28/2023

Think Real Estate

Last Buyer's Agent

Stephanie Fox

Neighbors Realty License #201209529

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,681

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 25x100
  • Fenced
  • Private Yard
  • Raised Garden Beds

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,572 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Entryway
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • City Views

Kitchen

  • Built-In Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Exterior Basement Entry
  • Apartment Living Space in Basement

Home Security

  • Security System Owned
  • Smart Home

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Boise-Eliot Elementary School
  • Harriet Tubman Middle School
  • Jefferson High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Green Certified Home
  • Accessory Dwelling Unit (ADU)

Listing and Financial Details

  • Assessor Parcel Number R698002

Community Details

Overview

  • 2 Units
  • Forty One Cleveland Condos Association, Phone Number (503) 317-7566
  • Williams Corridor Subdivision

Amenities

  • Courtyard
  • Community Deck or Porch
  • Community Storage Space

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,681

Year Built

Built in 2019

Lot Details

0

HOA Fees

$217 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 2019
  • Property Condition: Resale
  • Unreinforced Masonry Building: No
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Townhouse
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 2
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: Yes
  • Open House: No
  • PublicRemarksNonOwnerOcc: Short-term rentals allowed. Seller did AIR BNB at $125 per night and earned $24,000 in 2022. That's an average of $2000 per month to offset the mortgage. A perfect transition from renting to owning!
  • Room 11 Features: BuiltinRange,BuiltinRefrigerator,Dishwasher,Disposal,EatBar,GasAppliances,GreatRoom,Island,Pantry
  • Room 12 Features: Balcony,BuiltinFeatures,Fireplace,GreatRoom,LivingRoomDiningRoomCombo,SlidingDoors
  • Room 13 Features: Bathroom
  • Room 9 Features: BayWindow,GreatRoom,LivingRoomDiningRoomCombo
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 3.1
  • Fireplaces: 1
  • Interior Amenities: AuxiliaryDwellingUnit, GarageDoorOpener, HighCeilings, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, SmartHome, WasherDryer
  • Room 4 Description: Laundry
  • Room 4 Features: Storage
  • Room 4 Level: Upper
  • Room 5 Description: GuestQuarters
  • Room 5 Features: Bathroom,ExteriorEntry,GardenWindow,Patio
  • Room 5 Level: Lower
  • Room 6 Description: Entry
  • Room 6 Features: BuiltinFeatures,Storage
  • Room 6 Level: Lower
  • Basement: ExteriorEntry, Finished, SeparateLivingQuartersApartmentAuxLivingUnit
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: BuiltinRange, BuiltinRefrigerator, Dishwasher, Disposal, GasAppliances, Island, Microwave, Pantry, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Stories: 3
  • Association Contact: Greg Carollo
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 70
  • Fifth Bedroom Area: 437
  • Bedroom 6 Area: 144
  • Bedroom 7 Area: 168
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Other Room9 Area: 132
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: CoveredDeck, CoveredPatio, Fenced, Patio, RaisedBeds, Yard
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: City

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • AssociationParkingSpaceOwnedYN: Yes
  • CondominiumGarageType: Attached
  • CondominiumParkingTandemYN: Yes

Utilities

  • Energy Efficiency Features: CarChargingStation,DoublePaneWindows,ForcedAir95Plus,InsulationandCeilingInsulation,Tankless
  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity,Tankless
  • Security: SecuritySystemOwned
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: Townhouse
  • Association Amenities: Insurance
  • Senior Community: No
  • Association Fee: 217.0
  • Association Fee Frequency: Monthly
  • Association Name: Forty One Cleveland Condominiums
  • Phone: 224-436-1898
  • Association: Yes
  • Association Email: TBD

Association/Amenities

  • AssociationAddress: 4150 NE Cleveland
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active
  • CondominiumAssociationContact: Greg
  • CondominiumAssociationName: Forty One Cleveland Condos
  • CondominiumAssociationPhone: 503-317-7566
  • CondominiumAssociationURLYN: No

Schools

  • Elementary School: Boise-Eliot
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Farm: No
  • Zoning: R2.5
  • Lot Size: 25x100
  • Parcel #: R698002

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Amount: 5000

Multi Family

  • Non Owner Occ Buyer Accept Tenant: No
  • Non Owner Occ Entry Level: GroundLevelWithoutSteps
  • Non Owner Occ Furnished: Unfurnished
  • Non Owner Occ Pet Policies: standard
  • Non Owner Occ Pets Allowed: Yes
  • Non Owner Occ Rental Permitted: Yes
  • Non Owner Occ Rental Restriction Desc: Short-term rentals allowed. Seller did AIR BNB at $125 per night and earned $24,000 in 2022. That's an average of $2000 per month to offset the mortgage. A perfect transition from renting to owning!
  • Non Owner Occ Rent Type: MonthToMonth

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 10681.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 9, 2023
Sold by
Hunter John T
Bought by
Susarte Josefa Ovalle and Prete Samuel
Seller's Agent
Joe Dressman
Think Real Estate
Buyer's Agent
Stephanie Fox
Neighbors Realty
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Total Days on Market
24
Views
13
Current Estimated Value
$845,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,985
Avg. Annual Appreciation
3.08%
Original Mortgage
$500,000
Outstanding Balance
$491,685
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$354,300

Purchase Details

Closed on
Dec 1, 2022
Sold by
Hunter John Thomas
Bought by
Hunter John Thomas and Shamo Eric Nicholas
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
Susarte Josefa Ovalle $800,000 Chicago Title
Hunter John Thomas -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Susarte Josefa Ovalle $500,000
Previous Owner Hunter John T $607,000
Previous Owner Hunter John T $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $800,000 +0.1% $311 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/05/2023 10/05/23 Price Changed $799,000 -6.0% $311 / Sq Ft
09/28/2023 09/28/23 For Sale $850,000 +9.7% $330 / Sq Ft
04/25/2019 04/25/19 Sold $774,900 0.0% $315 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/02/2019 02/02/19 For Sale $774,900 -- $315 / 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 $11,354 $424,370 -- $424,370
2023 $11,354 $412,010 $0 $412,010
2022 $10,681 $400,010 $0 $0
2021 $10,500 $388,360 $0 $0
2020 $9,633 $377,058 $0 $0
2019 $6,548 $258,347 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23693230

Regional Multiple Listing Service (RMLS)

APN: R698002