NOT LISTED FOR SALE

4404 SE 99th Ave Portland, OR 97266

Lents Neighborhood

Estimated Value: $569,000 - $840,000

16 Beds
10 Baths
3,862 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $800,000 $207 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,218/month

Highlights

  • Corner Lot
  • Harrison Park School Rated 9+
  • Lap Siding

About This Home

As of August 2022

Great investment opportunity with endless possibilities! 3 buildings, one tax lot with 2 legal addresses on a corner with .31 acre. 7 unit apartment complex plus a single family residence currently set up as 7 single room occupancy. Keep as SRO, duplex or assisted living. Keep the existing structures, fix up or tear down and start over. All units were easy to rent in the past, are now vacant and ready for a new owner.

Last Agent to Sell the Property

Ariel Sasser

Property Group NW License #201205525 Listed on: 05/23/2022

Co-Listed By

Melissa Park

Property Group NW License #201240326

Last Buyer's Agent

Lyudmila Leissler

Windermere Realty Trust License #200708211

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,920

Year Built

  • Built in 1950

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Fixer Upper
  • Slab Foundation
  • Lap Siding
  • Block Exterior

Parking

  • Paved Parking
  • Assigned Parking

Additional Features

  • 2-Story Property
  • Electric Water Heater

Community Details

  • 8 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,920

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3862
  • Stories: 2
  • Year Built: 1950
  • Property Condition: Fixer
  • Remarks Public: Great investment opportunity with endless possibilities! 3 buildings, one tax lot with 2 legal addresses on a corner with .31 acre. 7 unit apartment complex plus a single family residence currently set up as 7 single room occupancy. Keep as SRO, duplex or assisted living. Keep the existing structures, fix up or tear down and start over. All units were easy to rent in the past, are now vacant and ready for a new owner.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FRANKS ADD, BLOCK 1, LOT 5&6 EXC N 37.5' & EXC PT IN ST
  • Basement: None

Exterior Features

  • Exterior Description: Block, Lap Siding
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • Foundation Details: Slab
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned, Paved

Utilities

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

Schools

  • Elementary School: Harrison Park
  • Middle School: Harrison Park
  • High School: Leodis McDaniel

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: RM2

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 11184.07
  • Assessor Parcel Number: R166476
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6, 7, 8
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 5.71

MLS Schools

  • Elementary School: Harrison Park
  • High School: Leodis McDaniel
  • Middle School: Harrison Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Gobana Dani
Bought by
Daizy Apartments Llc
Current Estimated Value
$741,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,501
Outstanding Balance
$663,452
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$78,353

Purchase Details

Listed on
May 23, 2022
Closed on
Aug 10, 2022
Sold by
Juniper Lake Portland Llc
Bought by
Gobana Dan
Seller's Agent
Ariel Sasser
Property Group NW
Buyer's Agent
Lyudmila Leissler
Windermere Realty Trust
List Price
$900,000
Sold Price
$800,000
Premium/Discount to List
-$100,000
-11.11%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.33%
Original Mortgage
$625,000
Interest Rate
5.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 29, 2020
Sold by
Hess John Oskar
Bought by
Juniper Lake Portland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2004
Sold by
Truong Phuc M
Bought by
Hess Oskar and Oskar Hess Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving
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
Daizy Apartments Llc -- Wfg Title
Gobana Dan $800,000 Ticor Title
Juniper Lake Portland Llc $625,000 Ticor Title
Hess Oskar $135,600 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daizy Apartments Llc $670,501
Previous Owner Gobana Dan $625,000
Previous Owner Juniper Lake Portland Llc $300,000
Previous Owner Hess Oskar $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $800,000 -5.9% $207 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/17/2022 07/17/22 Price Changed $850,000 -5.6% $220 / Sq Ft
05/23/2022 05/23/22 For Sale $900,000 -- $233 / 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 $3,920 $206,730 $134,700 $72,030
2023 $3,922 $206,730 $134,700 $72,030
2022 $11,377 $426,050 $0 $0
2021 $11,184 $413,650 $0 $0
2020 $10,260 $401,610 $0 $0
2019 $9,883 $389,920 $0 $0
2018 $9,592 $378,570 $0 $0
2017 $9,194 $367,550 $0 $0
2016 $8,414 $356,850 $0 $0
2015 $8,193 $346,460 $0 $0
2014 $7,756 $336,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ariel Sasser

    Seller's Agent in 2022

    Ariel Sasser

    Property Group NW

    (503) 966-2750

    7 in this area

    260 Total Sales

    Ariel Sasser
    Section Image
  • Melissa Park

    Seller Co-Listing Agent in 2022

    Melissa Park

    Property Group NW

    (503) 349-5257

    2 in this area

    53 Total Sales

    Melissa Park
    Section Image
  • Lyudmila Leissler

    Buyer's Agent in 2022

    Lyudmila Leissler

    Windermere Realty Trust

    (503) 284-7755

    2 in this area

    57 Total Sales

    Lyudmila Leissler
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22472087

Regional Multiple Listing Service (RMLS)

APN: R166476

Oregon Multnomah County Portland 97266 Lents

4404 SE 99th Ave, Portland, OR

This home is located at 4404 SE 99th Ave, Portland, OR 97266 since 23 May 2022 and is currently estimated at $741,805, approximately $192 per square foot. This property was built in 1950. 4404 SE 99th Ave is a home located in Multnomah County with nearby schools including Harrison Park School, Leodis V. McDaniel High School, and Grace Lutheran 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.

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