NOT LISTED FOR SALE

9309 N Adriatic Ave Unit 9311 Portland, OR 97203

Portsmouth Neighborhood

Estimated Value: $512,696 - $549,000

4 Beds
2 Baths
1,666 Sq Ft
$318/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $575,000 $345 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,109/month

Highlights

  • RV Access or Parking
  • 1-Story Property
  • 3-minute walk to McCoy Park
  • Level Lot

About This Home

As of November 2021

VERY WELL MAINTAINED ONE LEVEL duplex in AMAZING NEIGHBORHOOD!!! 2 blocks from McCoy Park and community garden, minutes to I-5 or St. Johns Bridge, minutes to the University of Portland and a quick 15 minutes to downtown, this is very conveniently located. Each unit has 2 bedrooms and 1 bathroom, washer and dryer hookups, and plenty of space. 9309 has use of the LARGE FENCED BACKYARD and 9311 has fenced dog run and open front yard. This GREAT INVESTMENT won't last. ***DO NOT DISTURB TENANTS***

Last Agent to Sell the Property

Jason Kennedy

RE/MAX Equity Group License #200501139 Listed on: 09/07/2021

RE/MAX Equity Group

Last Buyer's Agent

Jason Kennedy

RE/MAX Equity Group License #200501139 Listed on: 09/07/2021

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,519

Year Built

  • Built in 1962

Lot Details

  • Level Lot

Parking

  • RV Access or Parking

Home Design

  • Shake Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Range
  • Washer and Dryer Hookup

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,519

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1666
  • Stories: 1
  • Year Built: 1962
  • Remarks Public: VERY WELL MAINTAINED ONE LEVEL duplex in AMAZING NEIGHBORHOOD!!! 2 blocks from McCoy Park and community garden, minutes to I-5 or St. Johns Bridge, minutes to the University of Portland and a quick 15 minutes to downtown, this is very conveniently located. Each unit has 2 bedrooms and 1 bathroom, washer and dryer hookups, and plenty of space. 9309 has use of the LARGE FENCED BACKYARD and 9311 has fenced dog run and open front yard. This GREAT INVESTMENT won't last. ***DO NOT DISTURB TENANTS***
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: COLLEGE PL, BLOCK 7, LOT 17&18
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Cedar, Shake Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: RV Access/Parking

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Cesar Chavez
  • Middle School: Cesar Chavez
  • High School: Roosevelt

Lot Info

  • Lot Description: Level
  • Zoning: R2
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 5
  • Green Verification HES Year: 2021

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2985.98
  • Assessor Parcel Number: R137328
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.68

MLS Schools

  • Elementary School: Cesar Chavez
  • High School: Roosevelt
  • Middle School: Cesar Chavez

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Nov 29, 2021
Sold by
Conlon Yukiko
Bought by
Orthmann Kelly Leann
Seller's Agent
Jason Kennedy
RE/MAX Equity Group
Buyer's Agent
Jason Kennedy
RE/MAX Equity Group
List Price
$525,000
Sold Price
$575,000
Premium/Discount to List
$50,000
9.52%
Current Estimated Value
$529,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,826
Avg. Annual Appreciation
-2.13%
Original Mortgage
$564,585
Outstanding Balance
$518,851
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$10,323

Purchase Details

Listed on
Sep 30, 2013
Closed on
Dec 31, 2013
Sold by
Braun Shennun S
Bought by
Conlon Yukiko
Seller's Agent
Tim Jorgensen
Farrell Realty & Property Management, Inc
Buyer's Agent
Bill Pruitt
REMC Properties.com
List Price
$209,000
Sold Price
$202,000
Premium/Discount to List
-$7,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.12%
Original Mortgage
$198,341
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2003
Sold by
Mitchel Joyce
Bought by
Braun Russell E and Braun Shennun S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2002
Sold by
Lane Christopher J
Bought by
Mitchel Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2000
Sold by
Lane Christopher J
Bought by
Lane Christopher J and Jonathan M Lane Trust
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
Orthmann Kelly Leann $575,000 Wfg Title
Conlon Yukiko $202,000 Fidelity National Title Or
Braun Russell E $136,000 Ticor Title Insurance Compan
Mitchel Joyce $101,890 Ticor Title
Lane Christopher J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orthmann Kelly Leann $564,585
Previous Owner Conlon Yukiko $198,341
Previous Owner Braun Russell E $108,800
Previous Owner Mitchel Joyce $81,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $575,000 +9.5% $345 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $525,000 +159.9% $315 / Sq Ft
12/31/2013 12/31/13 Sold $202,000 -3.3% $124 / Sq Ft View Prior Sale
11/20/2013 11/20/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $209,000 -- $128 / 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 $3,519 $131,530 -- --
2023 $3,519 $127,700 $0 $0
2022 $3,311 $123,990 $0 $0
2021 $3,255 $120,380 $0 $0
2020 $2,986 $116,880 $0 $0
2019 $2,876 $113,480 $0 $0
2018 $2,792 $110,180 $0 $0
2017 $2,676 $106,980 $0 $0
2016 $2,449 $103,870 $0 $0
2015 $2,385 $100,850 $0 $0
2014 $2,349 $97,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Kennedy

    Seller's Agent in 2021

    Jason Kennedy

    RE/MAX

    (503) 679-0554

    1 in this area

    181 Total Sales

    Jason Kennedy
    Section Image

  • T

    Seller's Agent in 2013

    Tim Jorgensen

    Farrell Realty & Property Management, Inc

    (541) 383-2444

    4 Total Sales

    Tim Jorgensen
    Section Image
  • Nikki del Giudice

    Seller Co-Listing Agent in 2013

    Nikki del Giudice

    Farrell Realty & Property Management, Inc

    (503) 750-4094

    4 in this area

    122 Total Sales

    Nikki del Giudice
    Section Image

  • B

    Buyer's Agent in 2013

    Bill Pruitt

    REMC Properties.com

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21498599

Regional Multiple Listing Service (RMLS)

APN: R137328

Oregon Multnomah County Portland 97203 Portsmouth

9309 N Adriatic Ave Unit 9311, Portland, OR

This home is located at 9309 N Adriatic Ave Unit 9311, Portland, OR 97203 since 07 September 2021 and is currently estimated at $529,174, approximately $317 per square foot. This property was built in 1962. 9309 N Adriatic Ave Unit 9311 is a home located in Multnomah County with nearby schools including Cesar Chavez School, Roosevelt High School, and Holy Cross Catholic School.

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