NOT LISTED FOR SALE

1817 N Rosa Parks Way Portland, OR 97217

Arbor Lodge Neighborhood

Estimated Value: $897,000 - $1,330,000

8 Beds
8 Baths
4,190 Sq Ft
$281/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $1,007,000 $240 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,099/month

75 Days on Market

Highlights

  • Storage
  • 3-minute walk to Rosa Parks
  • Washer and Dryer
  • Chief Joseph Elementary School Rated 9+

About This Home

As of August 2020

Blocks from New Seasons, this fantastically located fourplex is turn-key and ready to go! Each unit features 2 bedrooms upstairs with 1.5 baths, its own washer and dryer, attached secure storage, and a private patio. RM3 zoning provides huge upside for future development. Property next door just built 18 condos, listed currently at 4.8 Million! Cash flow now, build later. Check out the 6.15% cap rate Pro Forma and 3D virtual tour links.

Last Agent to Sell the Property

Melissa Dorman

Living Room Realty License #201222278 Listed on: 04/16/2020

Living Room Realty

Co-Listed By

Yascha Noonberg

Living Room Realty License #201202058

Last Buyer's Agent

Aryne Blumklotz

Living Room Realty License #200412053

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,655

Year Built

  • Built in 2005

Lot Details

  • 5,009

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer
  • Crawl Space
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,655

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4190
  • Stories: 2
  • Year Built: 2005
  • Property Condition: Approximately
  • Remarks Public: Blocks from New Seasons, this fantastically located fourplex is turn-key and ready to go! Each unit features 2 bedrooms upstairs with 1.5 baths, its own washer and dryer, attached secure storage, and a private patio. RM3 zoning provides huge upside for future development. Property next door just built 18 condos, listed currently at 4.8 Million! Cash flow now, build later. Check out the 6.15% cap rate Pro Forma and 3D virtual tour links.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WILBURTON, BLOCK 4, LOT 11
  • Basement: Crawl Space
  • Storage: Attached, Locked

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Refrigerator, Storage, Washer/Dryer

Schools

  • Elementary School: Chief Joseph
  • Middle School: Ockley Green
  • High School: Jefferson

Lot Info

  • Zoning: RM3
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 8707.81
  • Assessor Parcel Number: R305907
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.35

MLS Schools

  • Elementary School: Chief Joseph
  • High School: Jefferson
  • Middle School: Ockley Green

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Aug 6, 2020
Sold by
Shorn Property 1 Llc
Bought by
Jung Adam Christopher and Uchida Maiko
Seller's Agent
Melissa Dorman
Living Room Realty
Buyer's Agent
Aryne Blumklotz
Living Room Realty
List Price
$1,050,000
Sold Price
$1,007,000
Premium/Discount to List
-$43,000
-4.1%
Current Estimated Value
$1,175,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,972
Avg. Annual Appreciation
2.84%
Original Mortgage
$755,250
Outstanding Balance
$671,465
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$490,921

Purchase Details

Closed on
Mar 4, 2011
Sold by
Strom Richard
Bought by
Strom Maya B and Strom Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2005
Sold by
Vasile Adrian
Bought by
Strom Richard and Strom Maya B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.92%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 27, 2004
Sold by
Anderson Joan
Bought by
Vasile Adrian and Vasile Mary
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jung Adam Christopher $1,007,000 Wfg Title
Strom Maya B -- Ticor Title Company
Strom Richard $445,000 Lawyers Title Ins
Vasile Adrian $73,255 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Adam Christopher $755,250
Previous Owner Mallard Iv Llc $2,475,000
Previous Owner Strom Maya B $340,000
Previous Owner Strom Richard $356,000
Previous Owner Vasile Adrian $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $1,007,000 -4.1% $240 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $1,050,000 -- $251 / 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 $10,655 $398,250 -- --
2023 $10,246 $386,660 $0 $0
2022 $10,024 $375,400 $0 $0
2021 $9,854 $364,470 $0 $0
2020 $9,040 $353,860 $0 $0
2019 $8,708 $343,560 $0 $0
2018 $8,452 $333,560 $0 $0
2017 $8,100 $323,850 $0 $0
2016 $7,413 $314,420 $0 $0
2015 $7,219 $305,270 $0 $0
2014 $7,110 $296,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Dorman

    Seller's Agent in 2020

    Melissa Dorman

    Living Room Realty

    (562) 355-8593

    208 Total Sales

    Melissa Dorman
    Section Image
  • Yascha Noonberg

    Seller Co-Listing Agent in 2020

    Yascha Noonberg

    Living Room Realty

    (503) 810-6312

    305 Total Sales

    Yascha Noonberg
    Section Image
  • Aryne Blumklotz

    Buyer's Agent in 2020

    Aryne Blumklotz

    Living Room Realty

    (503) 449-1630

    4 in this area

    129 Total Sales

    Aryne Blumklotz
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20003370

Regional Multiple Listing Service (RMLS)

APN: R305907

Oregon Multnomah County Portland 97217 Arbor Lodge

1817 N Rosa Parks Way, Portland, OR

This home is located at 1817 N Rosa Parks Way, Portland, OR 97217 since 16 April 2020 and is currently estimated at $1,175,972, approximately $280 per square foot. This property was built in 2005. 1817 N Rosa Parks Way is a home located in Multnomah County with nearby schools including Chief Joseph Elementary School, Ockley Green, and Jefferson High School.

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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes