NOT LISTED FOR SALE

4540 NE 20th Ave Unit 4542 Portland, OR 97211

Sabin Neighborhood

Estimated Value: $701,000 - $832,000

3 Beds
3 Baths
3,068 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $660,000 $215 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,784/month

13 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Washer and Dryer
  • Sabin Elementary School Rated A-
  • Garage
  • 3-minute walk to Sabin HydroPark

About This Home

As of August 2016

Rare duplex in the Alberta Arts District. Two bedrooms/two bath in one unit with large fenced yard and covered patio & one bedroom/one bath in the other. Both have attached garages for extra income. Live in one unit rent the other or AirBNB for extra income! Great location. A few blocks off Alberta & all the shops, bars, restaurants and art scene! Walkscore 86 - Very Walkable. Bikescore 83 - Very Bikeable!

Last Agent to Sell the Property

Bill Henderson

Oregon First License #200708008 Listed on: 05/26/2016

Last Buyer's Agent

Shannon Sansoterra

Think Real Estate License #200706212

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,896

Year Built

  • Built in 1948

Lot Details

  • 5,009

Parking

  • Garage

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Deck
  • Level Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,896

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3068
  • Stories: 3
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Full Basement, Exterior Entry
  • Legal Description: VERNON, BLOCK 59, LOT 2
  • Storage: Garage(s), Basement

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Range, Washer/Dryer, Wood Floors

Schools

  • Elementary School: Sabin
  • Middle School: Sabin
  • High School: Grant

Lot Info

  • Lot Description: Level
  • Zoning: R5

Tax Info

  • Tax Amount: 3881.70
  • Assessor Parcel Number: R295704

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.80

MLS Schools

  • Elementary School: Sabin
  • High School: Grant
  • Middle School: Sabin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Aug 2, 2016
Sold by
Wigman Iris
Bought by
Perley Alana
Seller's Agent
Bill Henderson
Oregon First
Buyer's Agent
Shannon Sansoterra
Think Real Estate
List Price
$625,000
Sold Price
$660,000
Premium/Discount to List
$35,000
5.6%
Total Days on Market
13
Current Estimated Value
$764,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,726
Avg. Annual Appreciation
1.74%
Original Mortgage
$528,000
Outstanding Balance
$432,438
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$336,008

Purchase Details

Closed on
Aug 31, 2012
Sold by
Ne20th Llc
Bought by
Wigman Iris

Purchase Details

Closed on
Oct 9, 2009
Sold by
Katz Lori
Bought by
Ne20th Llc

Purchase Details

Closed on
May 16, 2007
Sold by
Katz Brandon Scott
Bought by
Katz Brandon Scott and Katz Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 15, 2007
Sold by
Katz Brandon Scott
Bought by
Katz Brandon Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 25, 2003
Sold by
Pena Lucia N
Bought by
Katz Brandon Scott and Katz Lorin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 1996
Sold by
Walter Philip H
Bought by
Mai Mychael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 30, 1986
Sold by
Hirt Ronald A
Bought by
Walter Philip H
Source: Public Records

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Range of Values:

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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
Perley Alana $660,000 Ticor Title
Wigman Iris -- None Available
Ne20th Llc -- None Available
Katz Brandon Scott -- Accommodation
Katz Brandon Scott -- Pacific Nw Title
Katz Brandon Scott $244,500 Transnation
Mai Mychael $95,000 Fidelity National Title Co
Walter Philip H $44,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perley Alana $528,000
Previous Owner Wigman Iris $291,600
Previous Owner Katz Brandon Scott $287,000
Previous Owner Katz Brandon Scott $199,600
Previous Owner Mai Mychael $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2016 08/03/16 Sold $660,000 +5.6% $215 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $625,000 -- $204 / 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
2023 $5,896 $222,500 $0 $0
2022 $5,768 $216,020 $0 $0
2021 $5,671 $209,730 $0 $0
2020 $5,202 $203,630 $0 $0
2019 $5,011 $197,705 $0 $0
2018 $4,545 $179,360 $0 $0
2017 $4,356 $174,140 $0 $0
2016 $3,986 $169,070 $0 $0
2015 $3,882 $164,150 $0 $0
2014 $3,823 $159,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16028113

Regional Multiple Listing Service (RMLS)

APN: R295704