$771,740
SOLD NOV 18, 2024
4 Beds
3 Baths
3,164 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$244 Per Sq Ft

11% Below List Price

125 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Craftsman Architecture
  • Vaulted Ceiling
  • Second Kitchen
  • Maid or Guest Quarters
  • Main Floor Primary Bedroom

About This Home

As of November 2024

Priced below assessed value! Nestled in Portland's coveted Alberta Arts District, this Craftsman-style gem is just waiting for it's new owner! This amazing property has endless opportunities! Main level living complete with 3 bedrooms and 1 bathroom, brand new LVP flooring throughout main, drenched in natural light with high ceilings and ample space, access to laundry, storage and backyard. The lower level is a fully permitted ADU featuring 3 bedrooms and 1 full bathroom with it's own entrance and shared yard space. The upstairs is a remodeled loft studio complete with open railing staircase, vaulted ceilings with skylights, a kitchenette and full bathroom with a/c! Or you could make the loft an amazing master suite instead of loft apartment. This home is in a thriving neighborhood where everyone loves to live! This would also be the perfect "House Hack" for a savvy buyer looking for opportunity! Live in 1 one of the units and rent out the other spaces! This property is situated in a low tax district which is just icing on the cake for this home! Don't miss this opportunity to own a piece of Portland history in one of the city's most desirable neighborhoods. Schedule your showing today and experience urban living at its finest with a walk score of 95 and a bike score of 100! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10228511]

Last Agent to Sell the Property

Ariana Watson

Coldwell Banker Bain Brokerage Phone: 360-903-3505 License #201225270 Listed on: 06/21/2024

Coldwell Banker Bain

Last Buyer's Agent

Joelle Lewis

eXp Realty, LLC License #871000059

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,319

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 85 x 50
  • Fenced
  • Corner Lot
  • Level Lot
  • Private Yard
  • Raised Garden Beds
  • Property is zoned R2.5

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,164 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Storm Windows

Kitchen

  • Second Kitchen
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Exterior Basement Entry
  • Apartment Living Space in Basement

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Entrance

Outdoor Features

  • Shed
  • Porch

Schools

  • Martinl King Jr Elementary School
  • Harriet Tubman Middle School
  • Jefferson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • High Speed Internet

Additional Features

  • Green Certified Home
  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association
  • King / Alberta Arts Subdivision

Listing and Financial Details

  • Assessor Parcel Number R164516

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,319

Year Built

Built in 1912 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 1912
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Craftsman
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • PublicRemarksNonOwnerOcc: Loft Studio is currently rented on month to month for $1150/mo. T. Main Level was rented for $750 per bedroom per month($2,250/mo total). Lower level ADU was rented for $1900/mo.
  • Room 11 Features: Dishwasher,Disposal,ExteriorEntry,Microwave
  • Room 12 Features: BuiltinFeatures,CeilingFan,Fireplace
  • Room 13 Features: CeilingFan
  • Room 7 Features: CeilingFan
  • Room 8 Features: CeilingFan
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleEntrance, AccessibleFullBath, CaregiverQuarters, GroundLevel, MainFloorBedroomBath, UtilityRoomOnMain, WalkinShower
  • Total Bathrooms: 3.0
  • Fireplaces: 2
  • Interior Amenities: AccessoryDwellingUnit, CeilingFan, HighCeilings, HighSpeedInternet, Laundry, LuxuryVinylPlank, SeparateLivingQuartersApartmentAuxLivingUnit, VaultedCeiling, VinylFloor, WalltoWallCarpet, WasherDryer
  • Room 4 Description: GuestQuarters
  • Room 4 Features: Bathroom,CeilingFan,Dishwasher,ExteriorEntry,Kitchen,Loft
  • Room 4 Level: Upper
  • Room 5 Description: Laundry
  • Room 5 Level: Lower
  • Room 6 Description: _2ndKitchen
  • Room 6 Features: Dishwasher,Microwave
  • Room 6 Level: Lower
  • Basement: ExteriorEntry, Finished, SeparateLivingQuartersApartmentAuxLivingUnit
  • Window Features: DoublePaneWindows, StormWindow, VinylFrames
  • Appliances: Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRefrigerator, Microwave, Pantry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt3000to4999
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 182
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 144
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Lower

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: AccessoryDwellingUnit, Fenced, GuestQuarters, Porch, RaisedBeds, SecondResidence, ToolShed, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No

Utilities

  • Energy Efficiency Features: DoublePaneWindows
  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity,Tank
  • Internet Service Type: Cable,DSL
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: MartinL King Jr
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Zoning: R2.5
  • Land Lease: No
  • Lot Size Acres: 0.1
  • Lot Size: 85 x 50
  • Lot Size Sq Ft: 4356.0
  • Parcel #: R164516

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Amount: 5300

Multi Family

  • Non Owner Occ Buyer Accept Tenant: No
  • Non Owner Occ Entry Level: GroundLevelWithoutSteps
  • Non Owner Occ Furnished: Unfurnished
  • Non Owner Occ Pets Allowed: No
  • Non Owner Occ Rental Permitted: Yes
  • Non Owner Occ Rental Restriction Desc: Loft Studio is currently rented on month to month for $1150/mo. . Main Level was rented for $750 per bedroom per month($2,250/mo total). Lower level ADU was rented for $1900/mo.
  • Non Owner Occ Rent Type: MonthToMonth
  • Non Owner Occ Utilities Accessible: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4319.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Nov 14, 2024
Sold by
Heath Hank and Heath Henry
Bought by
Forster Benjamin L and Forster Rebekah R
Seller's Agent
Ariana Watson
Coldwell Banker Bain
Buyer's Agent
Joelle Lewis
eXp Realty, LLC
List Price
$869,900
Sold Price
$771,740
Premium/Discount to List
-$98,160
-11.28%
Views
47
Current Estimated Value
$793,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,792
Avg. Annual Appreciation
-0.55%
Original Mortgage
$617,392
Outstanding Balance
$614,358
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$153,795

Purchase Details

Closed on
Jul 17, 2014
Sold by
Iremonger Richard A
Bought by
Heath Hank

Purchase Details

Closed on
Mar 8, 1998
Sold by
Iremonger Betsy C
Bought by
Iremonger Richard A and Iremonger Betsy C

Purchase Details

Closed on
Apr 3, 1995
Sold by
Sam Scott Group
Bought by
Iremonger Betsy C and Ollermann Jean F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,258
Interest Rate
8.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 1995
Sold by
Walker Gareth
Bought by
Sam Scott Group
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 Type Sale Price Title Company
Warranty Deed $771,740 Ticor Title
Warranty Deed $771,740 Ticor Title
Warranty Deed $313,000 Wfg Title
Interfamily Deed Transfer -- --
Warranty Deed $72,000 First American Title Ins Co
Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $617,392 New Conventional
Closed $617,392 New Conventional
Previous Owner $129,000 Credit Line Revolving
Previous Owner $387,000 New Conventional
Previous Owner $382,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $107,747 New Conventional
Previous Owner $66,258 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $771,740 -3.5% $244 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $799,900 -3.0% $253 / Sq Ft
09/06/2024 09/06/24 Price Changed $824,900 -2.4% $261 / Sq Ft
07/24/2024 07/24/24 Price Changed $844,900 -2.9% $267 / Sq Ft
06/21/2024 06/21/24 For Sale $869,900 -- $275 / 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 $4,491 $167,870 -- --
2023 $4,491 $162,990 $0 $0
2022 $4,226 $158,250 $0 $0
2021 $4,154 $153,650 $0 $0
2020 $3,811 $149,180 $0 $0
2019 $3,671 $144,840 $0 $0
2018 $3,563 $140,630 $0 $0
2017 $3,415 $136,540 $0 $0
2016 $3,126 $132,570 $0 $0
2015 $3,044 $128,710 $0 $0
2014 $1,029 $42,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24164541

Regional Multiple Listing Service (RMLS)

APN: R164516