NOT LISTED FOR SALE

2221 NW Hoyt St Unit 2227 Portland, OR 97210

Northwest District Neighborhood

Estimated Value: $1,214,000 - $1,601,000

12 Beds
6 Baths
4,998 Sq Ft
$285/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $1,375,000 $275 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,809/month

52 Days on Market

Highlights

  • Deck
  • 4-minute walk to Nw 22Nd & Lovejoy
  • Landscaped with Trees
  • West Sylvan Middle School Rated A-
  • Storage
  • High Speed Internet

About This Home

As of December 2020

LOCATION,LOCATION,LOCATION!This 1906 Craftsman features 4 units each with approx. 1200SF & 3 BR's,updated kitchens/baths The lower units have 2 baths & all units have rear decks overlooking the nicely landscaped backyard common area. There is a common laundry facility,as well as,ground level individual storage areas for each unit. This property has an excellent rental history with very few vacancies over the last 25 yrs & is currently fully rented.Located in the heart of NW Portland, a must see!

Last Agent to Sell the Property

Dorothy Soper

Where, Inc License #201232561 Listed on: 09/08/2020

Co-Listed By

Vanessa Lalli Dittenhofer

RE/MAX River City License #200609242

Last Buyer's Agent

Douglas Landers

John L. Scott Portland Central License #200903041

John L. Scott Portland Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,096

Year Built

  • Built in 1906 | Remodeled

Lot Details

  • Level Lot
  • Landscaped with Trees

Home Design

  • Stem Wall Foundation
  • Wood Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Storage

Kitchen

  • Range
  • Microwave

Basement

  • Exterior Basement Entry
  • Basement Storage

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,096

Year Built

Built in 1906 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4998
  • Stories: 2
  • Year Built: 1906
  • Property Condition: Updated/Remodeled
  • Remarks Public: LOCATION,LOCATION,LOCATION!This 1906 Craftsman features 4 units each with approx. 1200SF & 3 BR's,updated kitchens/baths The lower units have 2 baths & all units have rear decks overlooking the nicely landscaped backyard common area. There is a common laundry facility,as well as,ground level individual storage areas for each unit. This property has an excellent rental history with very few vacancies over the last 25 yrs & is currently fully rented.Located in the heart of NW Portland, a must see!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: KINGS 2ND ADD, BLOCK 12, LOT 5
  • Basement: Exterior Entry, Storage Space
  • Storage: Individual Storage Units, Basement

Exterior Features

  • Exterior Description: Cedar, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Other, Stem Wall
  • Road Surface: Paved

Garage/Parking

  • Parking Description: None

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Internet Service Type: Cable, DSL
  • Security: None

Condo/Co-op/Association

  • Common Amenities: Commons, Laundry
  • Unit Features: Deck, Microwave, Range, Refrigerator

Schools

  • Elementary School: Chapman
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Lot Description: Level, Trees
  • Zoning: RH

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 10279.49
  • Assessor Parcel Number: R198516
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 17.62

MLS Schools

  • Elementary School: Chapman
  • High School: Lincoln
  • Middle School: West Sylvan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Dec 7, 2020
Sold by
Barry Roger T and Barry Brian D
Bought by
The4da Ronald T and Hanson Sandy K
Seller's Agent
Dorothy Soper
Where, Inc
Buyer's Agent
Douglas Landers
John L. Scott Portland Central
List Price
$1,545,000
Sold Price
$1,375,000
Premium/Discount to List
-$170,000
-11%
Current Estimated Value
$1,424,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,681
Avg. Annual Appreciation
1.24%
Original Mortgage
$981,700
Outstanding Balance
$885,449
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$571,441

Purchase Details

Closed on
Jul 8, 2013
Sold by
Barry Roger T
Bought by
Barry Roger T and Barry Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.79%
Mortgage Type
New Conventional
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
The4da Ronald T $1,375,000 Lawyers Title Of Oregon Llc
Barry Roger T -- Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Sandy K $354,000
Closed Theda Sandy K $174,100
Open The4da Ronald T $981,700
Previous Owner Barry Roger T $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $1,375,000 -1.7% $275 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/26/2020 10/26/20 Price Changed $1,399,000 -9.4% $280 / Sq Ft
09/08/2020 09/08/20 For Sale $1,545,000 -- $309 / 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 $12,096 $456,900 $0 $0
2022 $11,834 $443,600 $0 $0
2021 $11,634 $430,680 $0 $0
2020 $10,672 $418,140 $0 $0
2019 $10,279 $405,970 $0 $0
2018 $9,977 $394,150 $0 $0
2017 $9,562 $382,670 $0 $0
2016 $8,750 $371,530 $0 $0
2015 $8,521 $360,710 $0 $0
2014 $8,392 $350,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dorothy Soper

    Where, Inc

    Section Image
  • Vanessa Lalli Dittenhofer

    Seller Co-Listing Agent in 2020

    Vanessa Lalli Dittenhofer

    RE/MAX

    (541) 399-6122

    1 in this area

    90 Total Sales

    Section Image
  • Douglas Landers

    Buyer's Agent in 2020

    Douglas Landers

    John L. Scott Portland Central

    (503) 936-3905

    1 in this area

    111 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20166270

Regional Multiple Listing Service (RMLS)

APN: R198516

Oregon Multnomah County Portland 97210 Northwest District

2221 NW Hoyt St Unit 2227, Portland, OR

This home is located at 2221 NW Hoyt St Unit 2227, Portland, OR 97210 since 08 September 2020 and is currently estimated at $1,424,681, approximately $285 per square foot. This property was built in 1906. 2221 NW Hoyt St Unit 2227 is a home located in Multnomah County with nearby schools including Chapman Elementary School, West Sylvan Middle School, and Lincoln High School.

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