NOT LISTED FOR SALE

4226 SE 52nd Ave Unit 4232 Portland, OR 97206

Creston-Kenilworth Neighborhood

Estimated Value: $582,000 - $758,000

4 Beds
3 Baths
2,494 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $789,820 $317 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,379/month

Highlights

  • Wood Flooring
  • Level Lot
  • 1-Story Property
  • Creston Elementary School Rated 9+

About This Home

As of July 2022

Fourplex value-add opportunity. Priced to reflect condition and income. Make offer subject to interior inspection. Long term tenants are leased through 5/31/2024 except one month to month. Great location, laundry room on site, tons of upside. Multiple offers received, seller will make final decision on the evening of 5/16/2022.

Last Agent to Sell the Property

Benjamin Ficker

Keller Williams Sunset Corridor License #200412166 Listed on: 05/12/2022

Keller Williams Sunset Corridor

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,536

Year Built

  • Built in 1954

Lot Details

  • 0.25

Parking

  • Paved Parking

Home Design

  • Fixer Upper
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,536

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2494
  • Stories: 1
  • Year Built: 1954
  • Property Condition: Fixer
  • Remarks Public: Fourplex value-add opportunity. Priced to reflect condition and income. Make offer subject to interior inspection. Long term tenants are leased through 5/31/2024 except one month to month. Great location, laundry room on site, tons of upside. Multiple offers received, seller will make final decision on the evening of 5/16/2022.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: OVERTON PK, BLOCK F, S 84' OF W 1/2 OF LOT 11

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • View: false
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Hardwood Floors

Schools

  • Elementary School: Creston
  • High School: Franklin

Lot Info

  • Lot Description: Level
  • Zoning: R2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6969.46
  • Assessor Parcel Number: R232124
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 15.33

MLS Schools

  • Elementary School: Creston
  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Heinecke Joy
Bought by
Taiji Llc
Current Estimated Value
$704,572

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 6, 2022
Sold by
Gorters 52Nd Avenue Llc
Bought by
Heinecke Joy
Seller's Agent
Benjamin Ficker
Keller Williams Sunset Corridor
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$715,000
Sold Price
$789,820
Premium/Discount to List
$74,820
10.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.48%
Original Mortgage
$413,500
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2011
Sold by
Gorter James C
Bought by
Gorters 52Nd Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2009
Sold by
Gorter James C
Bought by
Gorters 52Nd Avenue Llc

Purchase Details

Closed on
Oct 18, 2007
Sold by
Gorter James C
Bought by
Gorter James C and James C Gorter Trust

Purchase Details

Closed on
Nov 25, 1998
Sold by
Hughes Thomas W
Bought by
Gorter James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Taiji Llc -- --
Heinecke Joy $789,820 Ticor Title
Gorters 52Nd Avenue Llc -- Lawyers Title
Gorter James C -- Lawyers Title
Gorters 52Nd Avenue Llc -- None Available
Gorter James C -- None Available
Gorter James C $175,500 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heinecke Joy $413,500
Previous Owner Gorter James C $182,000
Previous Owner Gorter James C $140,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $789,820 +10.5% $317 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $715,000 -- $287 / 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 $7,536 $281,660 -- --
2023 $7,246 $273,460 $0 $0
2022 $7,089 $265,500 $0 $0
2021 $6,969 $257,770 $0 $0
2020 $6,394 $250,270 $0 $0
2019 $6,159 $242,990 $0 $0
2018 $5,978 $235,920 $0 $0
2017 $5,729 $229,050 $0 $0
2016 $5,243 $222,380 $0 $0
2015 $5,106 $215,910 $0 $0
2014 $5,029 $209,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Ficker

    Seller's Agent in 2022

    Benjamin Ficker

    Keller Williams Sunset Corridor

    (971) 235-9561

    2 in this area

    54 Total Sales

    Benjamin Ficker
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22168800

Regional Multiple Listing Service (RMLS)

APN: R232124

Oregon Multnomah County Portland 97206 Creston-Kenilworth

4226 SE 52nd Ave Unit 4232, Portland, OR

This home is located at 4226 SE 52nd Ave Unit 4232, Portland, OR 97206 since 12 May 2022 and is currently estimated at $704,572, approximately $282 per square foot. This property was built in 1954. 4226 SE 52nd Ave Unit 4232 is a home located in Multnomah County with nearby schools including Creston Elementary School, Hosford Middle School, and Franklin High School.

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