NOT LISTED FOR SALE

4420 SE 42nd Ave Unit 4426 Portland, OR 97206

Creston-Kenilworth Neighborhood

Estimated Value: $588,000 - $851,000

5 Beds
4 Baths
4,610 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $850,000 $184 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,665/month

Highlights

  • Wood Flooring
  • Fireplace
  • Storage
  • Creston Elementary School Rated 9+
  • Views
  • Garage

About This Home

As of August 2022

This big-shouldered mid-century courtyard four plex is ready for you to make your mark! CAP rate based on projected NOI is 5.7%. The front 2-bedroom owner's unit has 2 fireplaces,city views, & a finished basement with access to the garage. Most period details are intact.Two of the units are ready for market rent. Get creative with the CM1 zoning!Close proximity to Trader Joe's,New Seasons,coffee shops,taverns,Woodstock,Reed College,Yoko's Sushi... Sold AS-IS. 5-plex to the south also for sale.

Last Agent to Sell the Property

David Columbus

Living Room Realty License #200008098 Listed on: 06/17/2022

Living Room Realty

Last Buyer's Agent

Jeremy Wilkerson

MORE Realty License #201211950

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,290

Year Built

  • Built in 1959

Lot Details

  • 5,097

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Fireplace
  • Storage
  • Wood Flooring
  • Range
  • Property Views

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,290

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4610
  • Year Built: 1959
  • Property Condition: Existing
  • Remarks Public: This big-shouldered mid-century courtyard four plex is ready for you to make your mark! CAP rate based on projected NOI is 5.7%. The front 2-bedroom owner's unit has 2 fireplaces,city views, & a finished basement with access to the garage. Most period details are intact.Two of the units are ready for market rent. Get creative with the CM1 zoning!Close proximity to Trader Joe's,New Seasons,coffee shops,taverns,Woodstock,Reed College,Yoko's Sushi... Sold AS-IS. 5-plex to the south also for sale.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LENOX, BLOCK 10, LOT 22
  • Basement: Full Basement, Exterior Entry, Partially Finished
  • Storage: Individual Storage Units, Basement

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • View: City
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Fireplace, Hardwood Floors, Range, Refrigerator

Schools

  • Elementary School: Creston
  • High School: Franklin

Lot Info

  • Zoning: CM1

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 6742.06
  • Assessor Parcel Number: R206234
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 36.14

MLS Schools

  • Elementary School: Creston
  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 1, 2022
Sold by
Legear Andrew M
Bought by
Wilkerson Jeremy
Seller's Agent
David Columbus
Living Room Realty
Buyer's Agent
Jeremy Wilkerson
MORE Realty
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%
Current Estimated Value
$762,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,743
Avg. Annual Appreciation
-3.38%
Original Mortgage
$765,000
Outstanding Balance
$732,142
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$30,115

Purchase Details

Closed on
Jun 8, 2009
Sold by
Sv Trio Oregon 11 Llc
Bought by
Legear Andrew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,125
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2006
Sold by
Miller Scott R
Bought by
Tmur Robert J and Tmur Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,800
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2005
Sold by
Kenaga Matthew P
Bought by
Miller Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 1, 2002
Sold by
Schwartzkopf Judy K
Bought by
Kenaga Matthew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,793
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 1999
Sold by
Vanvanjohnston J Van
Bought by
Becker Helmut and Becker Margit
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
Wilkerson Jeremy $850,000 First American Title
Legear Andrew M $437,500 Fidelity Natl Title Co Of Or
Tmur Robert J $446,000 Transnation Title Agency Or
Miller Scott R $419,000 Pacific Nw Title
Kenaga Matthew P $337,000 --
Becker Helmut -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkerson Jeremy $765,000
Previous Owner Legear Andrew M $328,125
Previous Owner Tmur Robert J $356,800
Previous Owner Miller Scott R $247,000
Previous Owner Kenaga Matthew P $331,793
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2022 08/03/22 Sold $850,000 -5.5% $184 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $899,900 -- $195 / 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 $7,290 $272,470 -- --
2023 $7,010 $264,540 $0 $0
2022 $6,858 $256,840 $0 $0
2021 $6,742 $249,360 $0 $0
2020 $6,185 $242,100 $0 $0
2019 $5,958 $235,050 $0 $0
2018 $5,782 $228,210 $0 $0
2017 $5,542 $221,570 $0 $0
2016 $5,072 $215,120 $0 $0
2015 $4,939 $208,860 $0 $0
2014 $4,864 $202,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Columbus

    Seller's Agent in 2022

    David Columbus

    Living Room Realty

    (503) 719-5588

    1 in this area

    62 Total Sales

    David Columbus
    Section Image
  • Jeremy Wilkerson

    Buyer's Agent in 2022

    Jeremy Wilkerson

    MORE Realty

    (503) 789-4982

    1 in this area

    99 Total Sales

    Jeremy Wilkerson
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22640344

Regional Multiple Listing Service (RMLS)

APN: R206234

Oregon Multnomah County Portland 97202 Creston-Kenilworth

4420 SE 42nd Ave Unit 4426, Portland, OR

This home is located at 4420 SE 42nd Ave Unit 4426, Portland, OR 97206 since 17 June 2022 and is currently estimated at $762,257, approximately $165 per square foot. This property was built in 1959. 4420 SE 42nd Ave Unit 4426 is a home located in Multnomah County with nearby schools including Creston Elementary School, Hosford Middle School, and Franklin 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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