NOT LISTED FOR SALE

4165 SE Cesar Estrada Chavez Blvd Portland, OR 97202

Creston-Kenilworth Neighborhood

Estimated Value: $652,000 - $764,000

6 Beds
3 Baths
2,592 Sq Ft
$276/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $670,000 $258 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,546/month

19 Days on Market

Highlights

  • Private Lot
  • Baseboard Heating
  • Green Certified Home
  • Grout Elementary School Rated 9+

About This Home

As of February 2022

Fantastic rare townhouse style triplex tucked away on a quiet flag lot with plenty of off street parking. Units are all two bed one bath with remodeled kitchens and bathrooms. Each tenant enjoys their own washer and dryer and private backyard. 75 Bike score and steps to Gladstone hub. Great opportunity to raise rents to market to achieve a 5% cap rate! R1 zoning with plenty of room to develop.

Last Agent to Sell the Property

Melissa Dorman

Living Room Realty License #201222278 Listed on: 01/13/2022

Living Room Realty

Co-Listed By

Yascha Noonberg

Living Room Realty License #201202058

Last Buyer's Agent

Zayda Maguire

eXp Realty, LLC License #201234167

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,688

Year Built

  • Built in 1977

Lot Details

  • Private Lot
  • Level Lot
  • Flag Lot

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • Paved Parking
  • Open Parking

Eco-Friendly Details

  • Green Certified Home

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R308489

Community Details

Overview

  • 3 Units
  • Creston / Kenilworth Subdivision

Building Details

  • Operating Expense $16,332
  • Gross Income $41,000
  • Net Operating Income $24,668

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,688

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1977
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: FlagLot, Level, Private
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • 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: R1
  • Parcel #: R308489

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 7688.13

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.61
  • Annual Gross Income: 41000.0
  • Property Net Operating Income: 24668.0
  • Annual Operating Expense: 16332.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Feb 23, 2022
Sold by
Lin-Chuan Lee
Bought by
Gomez Mateo
Seller's Agent
Melissa Dorman
Living Room Realty
Buyer's Agent
Zayda Maguire
eXp Realty, LLC
List Price
$675,000
Sold Price
$670,000
Premium/Discount to List
-$5,000
-0.74%
Current Estimated Value
$715,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,134
Avg. Annual Appreciation
1.83%
Original Mortgage
$636,595
Outstanding Balance
$591,127
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$124,007

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 24, 2014
Sold by
Graceplex Llc
Bought by
Lee Lin Chuan
Seller's Agent
Beth Earnest
Earnest Real Estate
Buyer's Agent
Karoline Ashley
Windermere Realty Trust
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Sep 29, 2006
Sold by
Choi Won He
Bought by
Graceplex Llc

Purchase Details

Closed on
Jul 27, 2006
Sold by
Hud
Bought by
Choi Won He and Choi Myung Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
National City Mortgage Co
Bought by
Hud

Purchase Details

Closed on
Aug 31, 2005
Sold by
Gyanti John M
Bought by
National City Mortgage Co and Accubanc Mortgage

Purchase Details

Closed on
Jan 14, 2003
Sold by
Lundy J James
Bought by
Gyanti John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,422
Interest Rate
6.15%
Mortgage Type
FHA
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
Gomez Mateo $670,100 First American Title
Lee Lin Chuan $415,000 First American
Graceplex Llc -- None Available
Choi Won He $290,000 Pacific Nw Title
Hud -- Fatco
National City Mortgage Co $235,907 --
Gyanti John M $224,600 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Mateo $636,595
Previous Owner Choi Won He $250,000
Previous Owner Gyanti John M $221,422
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $670,000 +4.7% $258 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/23/2022 01/23/22 Price Changed $640,000 -5.2% $247 / Sq Ft
01/13/2022 01/13/22 For Sale $675,000 +62.7% $260 / Sq Ft
04/25/2014 04/25/14 Sold $415,000 -2.4% $160 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $425,000 -- $164 / 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 $9,062 $338,680 -- --
2023 $8,713 $328,820 $0 $0
2022 $8,525 $319,250 $0 $0
2021 $8,381 $309,960 $0 $0
2020 $7,688 $300,940 $0 $0
2019 $7,406 $292,180 $0 $0
2018 $7,188 $283,670 $0 $0
2017 $6,889 $275,410 $0 $0
2016 $6,304 $267,390 $0 $0
2015 $6,139 $259,610 $0 $0
2014 $6,046 $252,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21118511

Regional Multiple Listing Service (RMLS)

APN: R308489