NOT LISTED FOR SALE

4448 SE 61st Ave Unit 4454 Portland, OR 97206

Mt Scott-Arleta Neighborhood

Estimated Value: $743,000 - $955,000

8 Beds
4 Baths
3,224 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 20, 2017

Last sale price $680,000 $211 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,370/month

88 Days on Market

Highlights

  • Level Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of June 2017

One-level 4-plex on quarter-acre lot with paved, off-street parking in a great close-in SE PDX location on busline. Walkscore of 82, near restaurants & grocery stores, less than 10 minutes from Creston Park, Mt. Scott Park and Mt. Tabor Park. BRAND NEW tear-off roof (2016) and sellers are having BRAND NEW double-pane vinyl windows installed this month. This is the opportunity you've been looking for!

Last Agent to Sell the Property

Sally Mehalovich

Residential Realty Northwest License #200705203 Listed on: 02/22/2017

Residential Realty Northwest

Co-Listed By

Susan Maag

RE/MAX Advantage Group License #200312050

Last Buyer's Agent

John Turner

Century 21 Northstar License #940900051

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,207

Year Built

  • Built in 1978

Lot Details

  • 10,498

Parking

  • Paved Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units
  • Property managed by Petrusich

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,207

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3224
  • Stories: 1
  • Year Built: 1978
  • Remarks Public: One-level 4-plex on quarter-acre lot with paved, off-street parking in a great close-in SE PDX location on busline. Walkscore of 82, near restaurants & grocery stores, less than 10 minutes from Creston Park, Mt. Scott Park and Mt. Tabor Park. BRAND NEW tear-off roof (2016) and sellers are having BRAND NEW double-pane vinyl windows installed this month. This is the opportunity you've been looking for!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: GRAY TR, FRAC LOT 12, LOT 13&14, S 1/2 OF LOT 15
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Management Name: Petrusich
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Arleta
  • Middle School: Arleta
  • High School: Franklin

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: CG
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6661.35
  • Assessor Parcel Number: R172629

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 17.73

MLS Schools

  • Elementary School: Arleta
  • High School: Franklin
  • Middle School: Arleta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
Jun 9, 2017
Sold by
Petrusich Milan
Bought by
Stuart Diana
Seller's Agent
Sally Mehalovich
Residential Realty Northwest
Buyer's Agent
John Turner
Century 21 Northstar
List Price
$730,000
Sold Price
$680,000
Premium/Discount to List
-$50,000
-6.85%
Total Days on Market
88
Current Estimated Value
$867,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,300
Avg. Annual Appreciation
3.00%

Purchase Details

Closed on
Mar 24, 2011
Sold by
Petrusich Milan
Bought by
Petrusich Milan and Petrusich Violet

Purchase Details

Closed on
May 17, 2002
Sold by
Petrusich Milan
Bought by
Petrusich Milan and Petrusich Violet
Source: Public Records

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Range of Values:

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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
Stuart Diana $680,000 Lawyers Title
Petrusich Milan -- None Available
Petrusich Milan -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2017 06/20/17 Sold $680,000 -6.8% $211 / Sq Ft
05/21/2017 05/21/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $730,000 -- $226 / 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 $9,207 $347,440 $0 $0
2022 $9,007 $337,330 $0 $0
2021 $8,855 $327,510 $0 $0
2020 $8,123 $317,980 $0 $0
2019 $7,825 $308,720 $0 $0
2018 $7,595 $299,730 $0 $0
2017 $7,279 $291,000 $0 $0
2016 $6,661 $282,530 $0 $0
2015 $6,463 $274,310 $0 $0
2014 $5,908 $266,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17547923

Regional Multiple Listing Service (RMLS)

APN: R172629