See Home Value
$522,766*
House - Off Market

2229 SE CYPRESS AVE

Portland, OR 97214
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2365 Sqft
$360,000 - $438,000
Reference Base Price*
31.02%
Since Aug 1, 2019
OR-Portland
Primary Model
Sold May 14, 2020
$840,000
$640,000 by Bank Of America Na
Mortgage Due Jun 01, 2050
Sold Aug 05, 2019
$435,000
$497,845 by Riverbend Funding Llc
Mortgage

About This Property

Tons of potential in Ladd's Addition! Unfin. basement w/ excellent ceiling height, egress window and sep entrance. Some updated electrical, Tankless H2O Heater, Leaf guard gutters, Appliances included. Level lot, with lg backyard w/ fruit trees & alley access. Close to New Seasons, the restaurants & shops of Division & Hawthorne, downtown & bus-lines. Golden opportunity!  Personal Prop. of no value included in sale. Cash Only [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10040959]

The manager has listed the unit size as 2365 square feet.
Unit Size
2,365Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$169
Property Type
House
Property Taxes
$5,104
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
May 14, 2020 Sold to Nichole Stein Jones, Peter ... $840,000
Sold to Nichole Stein Jones, Peter ...
Jul 20, 2019 No longer available -
No longer available
Jul 15, 2019 Listed $399,000
Listed

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Style: Unknown
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 960
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,120
  • Total Building Area: 2,365
  • Gross Building Area: 2,365
  • Building Area: 1,405
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,405
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LADDS ADD
  • Land Acres: 0.118
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LADDS ADD, BLOCK 28, LOT 23

Ownership

  • Current Owner : JONES PETER STANLEY
  • Current Owner 2: JONES NICHOLE STEIN
  • Previous Owner : MJN BUILDER LLC
  • Owner Before Previous Owner: MAJDANCIC MARINKA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 001202

Zoning

  • Zoning: R5

Geography

  • Account Number: R463306400
  • Parcel: R200684
  • Block: 28
  • Lot: 23
  • Meridian: SEC 02 TWN 01S RNG 01E
  • Latitude: 45.507
  • Longitude: -122.646

    Address

  • Full Address: 2229 Se Cypress Ave
  • Address - House Number: 2229
  • Street Direction: SE
  • Address - Street Name: Cypress
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C016
  • 4-Digit Zip Code: 5409
  • Zip Code: 97214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,705
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 813,147
  • High Value: 949,768
  • Low Value: 676,527

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $640,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 14, 2020
  • First Open Lien Mortgage Loan Amount: $640,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $817,060
  • Market Land Value: $362,500
  • Market Improvement Value: $454,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,490

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: May 14, 2020
  • Current Sale Transaction ID: 11761185093
  • Current Sale Price: $840,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-056740
  • Previous Sale Recording Date: Aug 05, 2019
  • Previous Sale Contract Date: Aug 01, 2019
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 14, 2020
  • First Mortgage Loan Amount: $640,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RIVERBEND FUNDING LLC
  • Previous Mortgage Transaction Date: Aug 05, 2019
  • Previous Mortgage Loan Amount: $497,845
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
1 Bed
1 Bath
794 ft²
$479/ft²
$379,999 May 17, 2023
-
$232/mo

About Southeast Uplift


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Frequently Asked Questions

When was property at 2229 Southeast Cypress Avenue built and last sold?
The property at 2229 Southeast Cypress Avenue was built in 1925 and last sold on May 12, 2020 for $840,000.
How much is this home worth?
The estimated value of the home located at 2229 Southeast Cypress Avenue is $466,877.
What are some comparable homes to 2229 Southeast Cypress Avenue?
There are currently no comparable homes to 2229 Southeast Cypress Avenue.

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