NOT LISTED FOR SALE

3507 NE 7th Ave Unit 3511 Portland, OR 97212

King Neighborhood

Estimated Value: $917,000 - $958,000

6 Beds
6 Baths
3,760 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $789,000 $210 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,789/month

111 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Air Conditioning
  • Sabin Elementary School Rated A-
  • Attached Garage
  • 1-minute walk to Irving Park

About This Home

As of November 2019

PRICE ADJUSTED. 24 HR notice for occupied side. 90 DAYS' Notice given, RENTS COULD RAISE AT VACANCY. Excellent CUSTOM floorplan with porch!! Built in 2008 each side has attached garage with opener, W/D hook-ups (appliances belong to tenant),gas fireplace, Fridge, Range, Dishwasher, Blinds...ready to go!! Property is in RUFFIN FAMILY TRUST Gross rent info is not correct.

Last Agent to Sell the Property

Bonnie Parker

John L. Scott Portland South License #950300212 Listed on: 05/07/2019

John L. Scott Portland South

Last Buyer's Agent

Paul Trakarn

LUXE Forbes Global Properties License #201208359

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,886

Year Built

  • Built in 2008

Lot Details

  • 5,401

Home Design

  • Cement Siding

Interior Spaces

  • Fireplace
  • Crawl Space
  • Dishwasher
  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Corner Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,886

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3760
  • Year Built: 2008
  • Property Condition: Existing
  • Remarks Public: PRICE ADJUSTED. 24 HR notice for occupied side. 90 DAYS' Notice given, RENTS COULD RAISE AT VACANCY. Excellent CUSTOM floorplan with porch!! Built in 2008 each side has attached garage with opener, W/D hook-ups (appliances belong to tenant),gas fireplace, Fridge, Range, Dishwasher, Blinds...ready to go!! Property is in RUFFIN FAMILY TRUST Gross rent info is not correct.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LINCOLN PK, BLOCK 20, E 60' OF LOT 9&10 EXC PT IN ST
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Washer/Dryer Hookup, Air Conditioning

Schools

  • Elementary School: Sabin
  • High School: Grant

Lot Info

  • Lot Description: On Busline, Corner Lot
  • Zoning: R2.5

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 7841.68
  • Assessor Parcel Number: R207172
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 19.40

MLS Schools

  • Elementary School: Sabin
  • High School: Grant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2020
Sold by
Oda Francis Seiji and Oda Caroline Ward
Bought by
Oda Francis Seiji and Francis Seiji Oda Revocable Trust
Current Estimated Value
$939,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Outstanding Balance
$278,842
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$660,429

Purchase Details

Listed on
May 7, 2019
Closed on
Nov 6, 2019
Sold by
Ruffin Dirk
Bought by
Oda Francis Seiji and Oda Caroline Ward
Seller's Agent
Bonnie Parker
John L. Scott Portland South
Buyer's Agent
Paul Trakarn
LUXE Forbes Global Properties
List Price
$825,000
Sold Price
$789,000
Premium/Discount to List
-$36,000
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$552,300
Outstanding Balance
$372,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$567,271

Purchase Details

Closed on
Oct 14, 2015
Sold by
Taylor Joe Neil
Bought by
Corneliuson Bette M

Purchase Details

Closed on
Oct 13, 2015
Sold by
Jh & Km Properties Corp
Bought by
Mclaughlin Kathleen K and Taylor Joe Neil

Purchase Details

Closed on
Dec 30, 2013
Sold by
Ruffin Meldran Gale
Bought by
Ruffin M Gale and Ruffin Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2012
Sold by
Porter Hattie M
Bought by
Vanderbilt Mortgage & Finance Inc

Purchase Details

Closed on
May 25, 2011
Sold by
Ruffin Meldrain Gale
Bought by
Ruffin M Gale and Ruffin Family Trust

Purchase Details

Closed on
Sep 8, 2010
Sold by
Ruffin M Gale
Bought by
Ruffin Meldrain Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2009
Sold by
Porter Hattie M
Bought by
Ruffin M Gale

Purchase Details

Closed on
Aug 1, 2008
Sold by
Porter Hattie M
Bought by
Porter Hattie M and Gale Ruffin M
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
Oda Francis Seiji -- None Available
Oda Francis Seiji $789,000 Fidelity National Ttl Of Or
Corneliuson Bette M $100,000 None Available
Mclaughlin Kathleen K $100,000 None Available
Ruffin M Gale -- Lawyers Title
Ruffin Meldrain Gale -- Lawyers Title
Vanderbilt Mortgage & Finance Inc $291,750 Lawyers Title Ins Corp
Ruffin M Gale -- Accommodation
Ruffin Meldrain Gale -- Chicago Title Ins Company Or
Ruffin M Gale -- Chicago Title
Porter Hattie M $10,500 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oda Francis Seiji $313,500
Open Oda Francis Seiji $552,300
Previous Owner Ruffin Meldrain Gale $350,000
Previous Owner Ruffin Meldrain Gale $322,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $789,000 0.0% $210 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $789,000 -4.4% $210 / Sq Ft
05/07/2019 05/07/19 For Sale $825,000 -- $219 / 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 $9,886 $369,500 -- --
2023 $9,506 $358,740 $0 $0
2022 $9,300 $348,300 $0 $0
2021 $9,143 $338,160 $0 $0
2020 $8,388 $328,320 $0 $0
2019 $8,079 $318,760 $0 $0
2018 $7,842 $309,480 $0 $0
2017 $7,516 $300,470 $0 $0
2016 $6,878 $291,720 $0 $0
2015 $6,698 $283,230 $0 $0
2014 $6,597 $274,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bonnie Parker

    John L. Scott Portland South

    Section Image
  • Paul Trakarn

    Buyer's Agent in 2019

    Paul Trakarn

    LUXE Forbes Global Properties

    (503) 703-0700

    1 in this area

    123 Total Sales

    Paul Trakarn
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19141313

Regional Multiple Listing Service (RMLS)

APN: R207172

Oregon Multnomah County Portland 97212 King

3507 NE 7th Ave Unit 3511, Portland, OR

This home is located at 3507 NE 7th Ave Unit 3511, Portland, OR 97212 since 07 May 2019 and is currently estimated at $939,271, approximately $249 per square foot. This property was built in 2008. 3507 NE 7th Ave Unit 3511 is a home located in Multnomah County with nearby schools including Sabin Elementary School, Harriet Tubman Middle School, and Jefferson High School.

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