NOT LISTED FOR SALE

407 N Shaver St Unit 413 Portland, OR 97227

Boise Neighborhood

Estimated Value: $640,000 - $1,025,294

3 Beds
3 Baths
3,816 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $800,000 $210 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,968/month

3 Days on Market

Highlights

  • Wood Flooring
  • Views
  • Garage
  • Corner Lot
  • Storage
  • 1-minute walk to Denorval Unthank City Park

About This Home

As of October 2018

Rare one level Mission style triplex in super hot premium location. Blocks to Williams/Mississippi Ave and all the popular restaurants, boutiques and shopping. Excellent rental income getting $48,540 annually in gross rents. High quality long term tenants prove desirability. Directly across the street from Unthank park. Original details throughout, private basement, garage, and laundry for each unit.

Last Agent to Sell the Property

William Grippo

Windermere Realty Trust License #920800164 Listed on: 09/21/2018

Windermere Realty Trust

Last Buyer's Agent

Willa Myrman

Weichert, Realtors - Elite License #201204825

Weichert, Realtors - Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,934

Year Built

  • Built in 1929

Lot Details

  • Corner Lot

Parking

  • Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring
  • Unfinished Basement
  • Basement Storage
  • Property Views

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,934

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3816
  • Stories: 1
  • Year Built: 1929
  • Property Condition: Approximately
  • Remarks Public: Rare one level Mission style triplex in super hot premium location. Blocks to Williams/Mississippi Ave and all the popular restaurants, boutiques and shopping. Excellent rental income getting $48,540 annually in gross rents. High quality long term tenants prove desirability. Directly across the street from Unthank park. Original details throughout, private basement, garage, and laundry for each unit.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CENTRAL ALBINA, BLOCK 15, LOT 8
  • Basement: Unfinished, Storage Space
  • Storage: Attached, Basement

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Tile
  • View: Park/Greenbelt
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Parking Description: Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Refrigerator, Storage, Washer/Dryer Hookup, Wood Floors

Schools

  • Elementary School: Boise-Eliot
  • Middle School: Harriet Tubman
  • High School: Jefferson
  • School High2: Grant

Lot Info

  • Lot Description: Corner Lot
  • Zoning: R2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3110.66
  • Assessor Parcel Number: R131064
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.66

MLS Schools

  • Elementary School: Boise-Eliot
  • High School: Jefferson
  • Middle School: Harriet Tubman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 24, 2018
Sold by
407 413 N Shaver Llc
Bought by
Ludwig Linn Keith I and Ludwig Linn Lisa J
Seller's Agent
William Grippo
Windermere Realty Trust
Buyer's Agent
Willa Myrman
Weichert, Realtors - Elite
List Price
$759,900
Sold Price
$800,000
Premium/Discount to List
$40,100
5.28%
Current Estimated Value
$851,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,574
Avg. Annual Appreciation
2.03%
Original Mortgage
$430,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Wannamaker Brian
Bought by
407-413 N Shaver St Llc

Purchase Details

Closed on
Jul 18, 2003
Sold by
Wannamaker Gerald R
Bought by
Wannamaker Brian G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2003
Sold by
Harris William A
Bought by
Wannamaker Gerald R
Source: Public Records

Range of Values:

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Average Value
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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
Ludwig Linn Keith I $800,000 Fidelity National Title
407-413 N Shaver St Llc -- None Available
Wannamaker Brian G $193,000 Fidelity Natl Title Co Of Or
Wannamaker Gerald R $187,500 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linn Keith I $430,300
Closed Ludwig Linn Keith I $430,000
Previous Owner Wannamaker Brian G $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $800,000 +5.3% $210 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $759,900 -- $199 / 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 $3,934 $148,460 $0 $0
2022 $3,849 $144,140 $0 $0
2021 $3,784 $139,950 $0 $0
2020 $3,471 $135,880 $0 $0
2019 $3,344 $131,930 $0 $0
2018 $3,246 $128,090 $0 $0
2017 $3,111 $124,360 $0 $0
2016 $2,847 $120,740 $0 $0
2015 $2,772 $117,230 $0 $0
2014 $2,730 $113,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Grippo

    Seller's Agent in 2018

    William Grippo

    Windermere Realty Trust

    (503) 497-5249

    96 Total Sales

    William Grippo
    Section Image

  • W

    Buyer's Agent in 2018

    Willa Myrman

    Weichert, Realtors - Elite

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18526499

Regional Multiple Listing Service (RMLS)

APN: R131064

Oregon Multnomah County Portland 97227 Boise

407 N Shaver St Unit 413, Portland, OR

This home is located at 407 N Shaver St Unit 413, Portland, OR 97227 since 21 September 2018 and is currently estimated at $851,574, approximately $223 per square foot. This property was built in 1929. 407 N Shaver St Unit 413 is a home located in Multnomah County with nearby schools including Boise-Eliot Elementary School, Harriet Tubman Middle School, and Jefferson High School.

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