NOT LISTED FOR SALE

6045 NE Flanders St Portland, OR 97213

North Tabor Neighborhood

Estimated Value: $795,000

2 Beds
4 Baths
4,774 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $1,300,000 $272 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $5,026/month

109 Days on Market

Highlights

  • New Construction
  • Landscaped with Trees
  • Level Lot
  • Attached Garage
  • 90% Forced Air Heating and Cooling System

About This Home

As of December 2020

Calling all investors - The Flanders Condo is a fully-stabilized project centrally-located in the thriving North Tabor neighborhood, with easy access to I-84 & downtown Portland. Completed in 2020 this 3-story townhouse style property features 4 units all leased with a wait list. Offering highly desirable floor plans, premium fixtures, high-end appliances, including W/D, the project has established itself quickly as an up-scale community evidenced by its desirability & top-of-the-market rents.

Last Agent to Sell the Property

Aimee Martin

Premiere Property Group, LLC License #201209637 Listed on: 07/03/2020

Premiere Property Group, LLC

Co-Listed By

Brian Eustis

MORE Realty License #200412129

Last Buyer's Agent

Rosemary Coles

Redfin License #200101021

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,336

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,774 Sq Ft Home
  • 3-Story Property
  • Fire Sprinkler System

Schools

  • Glencoe Elementary School
  • Mt Tabor Middle School
  • Franklin High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R230636

Community Details

Overview

  • 4 Units
  • North Mt Tabor Subdivision

Building Details

  • Operating Expense $21,576
  • Gross Income $98,400
  • Net Operating Income $76,824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,336

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 2020
  • Property Condition: NewConstruction
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, Trees
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tankless
  • Security: FireSprinklerSystem
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Glencoe
  • High School: Franklin
  • Middle Or Junior School: Mt Tabor

Lot Info

  • Zoning: RM2
  • Parcel #: R230636

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 1.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.21
  • Annual Gross Income: 98400.0
  • Property Net Operating Income: 76824.0
  • Annual Operating Expense: 21576.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Dec 17, 2020
Sold by
Budlldog Capital Llc
Bought by
Nunez Thomas Anthony and Bernbeck Kelsey Loree
Seller's Agent
Aimee Martin
Premiere Property Group, LLC
Buyer's Agent
Rosemary Coles
Redfin
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%
Current Estimated Value
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$505,000
Avg. Annual Appreciation
-11.96%
Original Mortgage
$1,300,000
Outstanding Balance
$1,173,274
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
-$455,274

Purchase Details

Closed on
Jul 17, 2018
Sold by
Bulldong Capital Llc
Bought by
Bulldog Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,274,944
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 13, 2008
Sold by
Bushek Richard Lawrence
Bought by
Bushek Richard Lawrence and Bushek Susan Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2008
Sold by
Bushek Richard Lawrence
Bought by
Bulldog Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2001
Sold by
Willis Do B E
Bought by
Bushek Richard and Bushek Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,750
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage
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
Nunez Thomas Anthony $1,300,000 Law Ers Title Of Oregon Llc
Bulldog Capital Llc -- Old Republic Title
Bushek Richard Lawrence -- None Available
Bulldog Capital Llc $305,000 Old Republic Title Co Of Or
Bushek Family Revocable Living Trust -- None Available
Bushek Richard -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Thomas Anthony $1,300,000
Previous Owner Bulldog Capital Llc $1,274,944
Previous Owner Bulldog Capital Llc $1,168,107
Previous Owner Bulldog Capital Llc $100,000
Previous Owner Bushek Richard Lawrence $100,000
Previous Owner Bulldog Capital Llc $490,000
Previous Owner Bushek Richard $50,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $1,300,000 0.0% $272 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
09/09/2020 09/09/20 Price Changed $1,300,000 -7.1% $272 / Sq Ft
08/19/2020 08/19/20 Price Changed $1,400,000 -6.7% $293 / Sq Ft
07/03/2020 07/03/20 For Sale $1,500,000 -- $314 / 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 $8,336 $314,570 $0 $314,570
2022 $8,155 $305,410 $0 $0
2021 $6,139 $227,060 $0 $0
2020 $11,295 $442,133 $0 $0
2019 -- $357,195 $0 $0
2018 -- $128,940 $0 $0
2017 -- $125,190 $0 $0
2016 -- $121,550 $0 $0
2015 -- $118,010 $0 $0
2014 -- $114,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Aimee Martin

    Premiere Property Group, LLC

    (360) 721-1900

    1 in this area

    19 Total Sales

    Section Image
  • Brian Eustis

    Seller Co-Listing Agent in 2020

    Brian Eustis

    MORE Realty

    (503) 490-4001

    4 in this area

    109 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    Rosemary Coles

    Redfin

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20106341

Regional Multiple Listing Service (RMLS)

APN: R708038

Oregon Multnomah County Portland 97213 North Tabor

6045 NE Flanders St, Portland, OR

This home is located at 6045 NE Flanders St, Portland, OR 97213 since 03 July 2020 and is currently estimated at $795,000, approximately $166 per square foot. This property was built in 2020. 6045 NE Flanders St is a home located in Multnomah County with nearby schools including Vestal Elementary School, Leodis V. McDaniel High School, and Portland Arthur Academy.

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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