$715,000
SOLD MAY 16, 2016
5 Beds
4 Baths
2,508 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$285 Per Sq Ft

3% Below List Price

47 Days on Market

Highlights

  • Wood Flooring
  • Washer and Dryer
  • Level Lot
  • Cleveland High School Rated A-

About This Home

As of May 2016

Classic Old PDX Style Up/Down Duplex in Hip Buckman Neighborhood. This turnkey duplex features a 3 bd/2.5 bath lower unit & 2 bd/1 bath upper unit. Each unit has its own large private yard, updated kitch w/Dishwasher, in-unit W/D, Fir floors throughout, & deck. Walk Score of 87, Bike Score of 98. Close to shops, restaurants, cafes & parks. Perfect for an investor (5.5% Cap Rate) with Development Potential or Owner occupied home.

Last Agent to Sell the Property

Tracy Wiens

John L. Scott Portland Central License #200606293 Listed on: 02/12/2016

John L. Scott Portland Central

Last Buyer's Agent

Jan Berger

ELEETE Real Estate License #201210977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,272

Year Built

  • Built in 1901

Home Design

  • Vinyl Siding

Interior Spaces

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

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,272

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2508
  • Stories: 3
  • Year Built: 1901
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished, Full Basement
  • Legal Description: STORY'S ADD, BLOCK 5, LOT 2
  • Storage: Basement

Exterior Features

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Security Or Entry: Entry
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer, Wood Floors

Schools

  • Elementary School: Buckman
  • Middle School: Hosford
  • High School: Cleveland

Lot Info

  • Lot Description: On Busline, Level, Sloped
  • Zoning: R5

Tax Info

  • Tax Amount: 4926.66
  • Assessor Parcel Number: R276884

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.76

MLS Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Red Car Buckman Llc
Bought by
Osmena David and Osmena Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Outstanding Balance
$351,075
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$476,999

Purchase Details

Closed on
Aug 3, 2016
Sold by
Osmena David T and Osmena Patricia H
Bought by
Red Car Buckman Llc

Purchase Details

Listed on
Feb 12, 2016
Closed on
May 6, 2016
Sold by
Blumner Alan
Bought by
Osmena David T and Osmena Patricia H
Seller's Agent
Tracy Wiens
John L. Scott Portland Central
Buyer's Agent
Jan Berger
ELEETE Real Estate
List Price
$735,000
Sold Price
$715,000
Premium/Discount to List
-$20,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$415,000
Interest Rate
3.71%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Warranty Deed -- None Available
Warranty Deed $715,000 Chicago Title Company Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $394,000 New Conventional
Previous Owner $415,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Price Changed $835,000 0.0% $358 / Sq Ft
03/17/2025 03/17/25 Price Changed $835,000 -2.3% $358 / Sq Ft
02/24/2025 02/24/25 For Sale $855,000 0.0% $367 / Sq Ft
02/24/2025 02/24/25 For Sale $855,000 +19.6% $367 / Sq Ft
05/16/2016 05/16/16 Sold $715,000 -2.7% $285 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $735,000 -- $293 / 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 $7,272 $263,880 $0 $0
2022 $6,841 $256,200 $0 $0
2021 $6,725 $248,740 $0 $0
2020 $6,170 $241,500 $0 $0
2019 $5,943 $234,470 $0 $0
2018 $5,768 $227,650 $0 $0
2017 $5,528 $221,020 $0 $0
2016 $5,060 $214,590 $0 $0
2015 $4,927 $208,340 $0 $0
2014 $4,852 $202,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16209307

Regional Multiple Listing Service (RMLS)

APN: R276884