NOT LISTED FOR SALE

508 SE 34th Ave Unit 510 Portland, OR 97214

Sunnyside Neighborhood

Estimated Value: $719,685 - $896,000

5 Beds
3 Baths
2,708 Sq Ft
$302/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $620,000 $229 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,234/month

4 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • Wood Siding
  • Washer and Dryer

About This Home

As of June 2015

Fantastic opportunity! Turnkey rental in perfect location. New roof, new interior and exterior paint, remodeled bathrooms, finished basement, new water supply throughout, new electrical service and panels, 2 new furnaces, 2 new hot water heaters, new carpets and vinyl, several new windows and a decommissioned oil tank.Do not disturb tenants.

Last Listed By

America Hopson

Where Real Estate Collaborative License #201202026 Listed on: 05/11/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,001

Year Built

  • Built in 1910

Lot Details

  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,001

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2708
  • Stories: 3
  • Year Built: 1910
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished
  • Legal Description: SUNNYSIDE & PLAT 2 & 3, BLOCK 1, LOT 5

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air - 90%
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

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

Schools

  • Elementary School: Sunnyside Env
  • High School: Franklin

Lot Info

  • Lot Description: Level
  • Zoning: R5

Tax Info

  • Tax Amount: 4443.22
  • Assessor Parcel Number: R280316

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.27

MLS Schools

  • Elementary School: Sunnyside Env
  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Kolluru Kalyan
Bought by
Kolluru Kalyan and Kolluru Brittany Lyn
Total Days on Market
4
Current Estimated Value
$818,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Outstanding Balance
$304,796
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$488,580

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 24, 2015
Sold by
Laurelhurst Park Investments Llc
Bought by
Kolluru Kalyan
Seller's Agent
America Hopson
Where Real Estate Collaborative
Buyer's Agent
Dee Reddy
The Group Real Estate Services
List Price
$620,000
Sold Price
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Original Mortgage
$465,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2014
Closed on
Mar 19, 2014
Sold by
Hatcher Jay
Bought by
Laurelhurst Park Investments Llc
Seller's Agent
Ronda Joseph
Cascade Hasson Sotheby's International Realty
Buyer's Agent
America Hopson
Where Real Estate Collaborative
List Price
$319,000
Sold Price
$310,000
Premium/Discount to List
-$9,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.60%
Original Mortgage
$248,000
Interest Rate
4.18%
Mortgage Type
New Conventional

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
Kolluru Kalyan -- Lawyers Title
Kolluru Kalyan $620,000 Wfg Title
Laurelhurst Park Investments Llc $310,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolluru Kalyan $333,000
Closed Kolluru Kalyan $465,000
Previous Owner Laurelhurst Park Investments Llc $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $620,000 0.0% $229 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $620,000 +100.0% $229 / Sq Ft
03/24/2014 03/24/14 Sold $310,000 -2.8% $172 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $319,000 -- $177 / 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 $8,001 $301,950 $0 $0
2022 $7,828 $293,160 $0 $0
2021 $7,696 $284,630 $0 $0
2020 $7,060 $276,340 $0 $0
2019 $6,800 $268,300 $0 $0
2018 $6,600 $260,490 $0 $0
2017 $6,326 $252,910 $0 $0
2016 $5,789 $245,550 $0 $0
2015 $5,638 $238,400 $0 $0
2014 -- $185,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15398844

Regional Multiple Listing Service (RMLS)

APN: R280316