NOT LISTED FOR SALE

422 NE Holland St Portland, OR 97211

Woodlawn Neighborhood

Estimated Value: $562,706 - $613,000

4 Beds
2 Baths
1,568 Sq Ft
$377/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $580,000 $370 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,454/month

5 Days on Market

Highlights

  • Forced Air Heating System
  • Woodlawn Elementary School Rated 9+
  • Level Lot

About This Home

As of September 2021

Offers in hand. Live in one side of duplex + rent the other to off set mortgage! 422 w/driveway for owner occupant moving out 9/16, 426 is on a lease until 5/31/2022. Hardwoods in LR, hi-ceilings + blt-ins. Kitchens w/elect ranges, fridge. One main level bedrm, full bath w/tub/shower combo + tile surrounds. Upstairs has fir under carpets. LL sep basements w/laundry hook ups, storage. Great potential for 3 bdrm units renting @ $2k each. Shared fenced yard w/raised beds, stone patio.

Last Agent to Sell the Property

Jeffrey Capen

Windermere Realty Trust License #200308199 Listed on: 08/16/2021

Windermere Realty Trust

Co-Listed By

John McClain

Windermere Realty Trust License #201218259

Last Buyer's Agent

Josh Gartenbaum

JAG REALTY GROUP LLC License #201207544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Shingle Siding
  • Cedar

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Paved Parking
  • Open Parking

Schools

  • Woodlawn Elementary School
  • Ockley Green Middle School
  • Roosevelt High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R155379

Community Details

Overview

  • 2 Units
  • Woodlawn Subdivision

Amenities

  • Common Area

Building Details

  • Operating Expense $11,232
  • Gross Income $37,428
  • Net Operating Income $26,196

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,278

Year Built

Built in 1929 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1929
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, Unfinished
  • Storage: Basement
  • High School2: Roosevelt
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Cedar,ShingleSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Oil
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons

Schools

  • Elementary School: Woodlawn
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: RM2
  • Parcel #: R155379

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 3278.21

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.69
  • Annual Gross Income: 37428.0
  • Property Net Operating Income: 26196.0
  • Annual Operating Expense: 11232.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 20, 2021
Sold by
Downs Jason E
Bought by
Moffet James D
Seller's Agent
Jeffrey Capen
Windermere Realty Trust
Buyer's Agent
Josh Gartenbaum
JAG REALTY GROUP LLC
List Price
$499,900
Sold Price
$580,000
Premium/Discount to List
$80,100
16.02%
Current Estimated Value
$590,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,677
Avg. Annual Appreciation
0.45%
Original Mortgage
$464,000
Outstanding Balance
$422,205
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$168,472

Purchase Details

Closed on
Feb 12, 2007
Sold by
Halbert Janet L
Bought by
Downs Jason E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Iverson Royce
Bought by
Halbert Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2003
Sold by
Bank One Na
Bought by
Iverson Royce

Purchase Details

Closed on
Dec 30, 2002
Sold by
Watkins Larry
Bought by
Bank One Na and The First National Bank Of Chicago

Purchase Details

Closed on
Dec 22, 1999
Sold by
Watkins Larry
Bought by
Watkins Larry and Watkins Rocela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,125
Interest Rate
12.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 1997
Sold by
Greenlee Paul
Bought by
Watkins Larry and Deloviar Rocela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,203
Interest Rate
7.19%
Mortgage Type
FHA
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
Moffet James D $580,000 Fidelity National Ttl Of Or
Downs Jason E $270,000 Ticor Title Insurance Compan
Halbert Janet L $218,500 Fidelity Natl Title Co Of Or
Iverson Royce $145,000 First American
Bank One Na $114,953 Fatco
Watkins Larry -- Oregon Title Insurance Co
Watkins Larry $110,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moffet James D $464,000
Previous Owner Downs Jason E $216,000
Previous Owner Halbert Janet L $174,800
Previous Owner Watkins Larry $118,125
Previous Owner Watkins Larry $109,203
Closed Halbert Janet L $32,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $580,000 +5.5% $370 / Sq Ft
08/22/2021 08/22/21 Price Changed $549,900 +10.0% $351 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $499,900 -- $319 / 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 $3,863 $144,400 -- --
2023 $3,715 $140,200 $0 $0
2022 $3,635 $136,120 $0 $0
2021 $3,573 $132,160 $0 $0
2020 $3,278 $128,320 $0 $0
2019 $3,158 $124,590 $0 $0
2018 $3,065 $120,970 $0 $0
2017 $2,938 $117,450 $0 $0
2016 $2,689 $114,030 $0 $0
2015 $2,618 $110,710 $0 $0
2014 $2,579 $107,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Capen

    Seller's Agent in 2021

    Jeffrey Capen

    Windermere Realty Trust

    (503) 888-5191

    2 in this area

    295 Total Sales

    Jeffrey Capen
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    John McClain

    Windermere Realty Trust

    (360) 931-0160

    1 in this area

    165 Total Sales

    John McClain
    Section Image
  • Josh Gartenbaum

    Buyer's Agent in 2021

    Josh Gartenbaum

    JAG REALTY GROUP LLC

    (503) 908-3110

    2 in this area

    101 Total Sales

    Josh Gartenbaum
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21274887

Regional Multiple Listing Service (RMLS)

APN: R155379

Oregon Multnomah County Portland 97211 Woodlawn

422 NE Holland St, Portland, OR

This home is located at 422 NE Holland St, Portland, OR 97211 since 16 August 2021 and is currently estimated at $590,677, approximately $376 per square foot. This property was built in 1929. 422 NE Holland St is a home located in Multnomah County with nearby schools including Woodlawn Elementary School, Ockley Green, and Jefferson 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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