NOT LISTED FOR SALE

4515 SE 70th Ave Unit 4517 Portland, OR 97206

Foster-Powell Neighborhood

Estimated Value: $540,355 - $584,000

4 Beds
2 Baths
1,736 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $590,000 $340 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,549/month

13 Days on Market

Highlights

  • Fireplace
  • Property is near a bus stop
  • Level Lot
  • Arleta Elementary School Rated 9+
  • Washer and Dryer
  • Lap Siding

About This Home

As of May 2022

Great investment opportunity in a great neighborhood! Cute duplex with washer dryer hookups in each unit. Rent projected at $1595-$1650. Current tenant is month to month. Cute and updated for easy maintenance. One unit is vancant and available to be owner occupied or rent out at current rent rates.

Last Agent to Sell the Property

Derek Peterson

Better Homes & Gardens Realty License #200604249 Listed on: 04/19/2022

Better Homes & Gardens Realty

Last Buyer's Agent

Sheila Buchanan

MORE Realty License #200312005

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,295

Year Built

  • Built in 1975

Lot Details

  • 5,053

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Lap Siding
  • Cement Siding

Interior Spaces

  • Fireplace
  • Dishwasher
  • Washer and Dryer

Additional Features

  • Level Lot
  • Property is near a bus stop
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,295

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1975
  • Remarks Public: Great investment opportunity in a great neighborhood! Cute duplex with washer dryer hookups in each unit. Rent projected at $1595-$1650. Current tenant is month to month. Cute and updated for easy maintenance. One unit is vancant and available to be owner occupied or rent out at current rent rates.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FIRLAND, BLOCK 10, LOT 2

Exterior Features

  • Exterior Description: Brick, Lap Siding, Cement Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer

Schools

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

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: R 2.5

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 5124.25
  • Assessor Parcel Number: R163344
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 35.78

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
May 11, 2022
Sold by
Mccluskey Sean M
Bought by
Ta Brian and Luo Xiaoling
Seller's Agent
Derek Peterson
Better Homes & Gardens Realty
Buyer's Agent
Sheila Buchanan
MORE Realty
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
$559,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,661
Avg. Annual Appreciation
-2.12%

Purchase Details

Closed on
Oct 8, 2018
Sold by
Mccluskey Sean M
Bought by
Mccluskey Sean M

Purchase Details

Closed on
Dec 13, 1999
Sold by
Norman Pearl O
Bought by
Tribbett James E and Layden Barbara J
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
Ta Brian $590,000 Fidelity National Title
Mccluskey Sean M -- None Available
Tribbett James E $55,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccluskey Sean M $274,000
Previous Owner Mccluskey Sean M $273,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $590,000 -1.5% $340 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $599,000 -- $345 / 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 $6,295 $235,280 -- --
2023 $6,053 $228,420 $0 $0
2022 $5,682 $212,780 $0 $0
2021 $5,586 $206,590 $0 $0
2020 $5,124 $200,580 $0 $0
2019 $4,936 $194,740 $0 $0
2018 $4,791 $189,070 $0 $0
2017 $4,592 $183,570 $0 $0
2016 $4,202 $178,230 $0 $0
2015 $3,811 $173,040 $0 $0
2014 $3,653 $168,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Derek Peterson

    Seller's Agent in 2022

    Derek Peterson

    Better Homes & Gardens Realty

    (503) 332-0046

    1 in this area

    124 Total Sales

    Derek Peterson
    Section Image
  • Sheila Buchanan

    Buyer's Agent in 2022

    Sheila Buchanan

    MORE Realty

    (503) 348-5524

    2 in this area

    38 Total Sales

    Sheila Buchanan
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22444172

Regional Multiple Listing Service (RMLS)

APN: R163344

Oregon Multnomah County Portland 97206 Foster-Powell

4515 SE 70th Ave Unit 4517, Portland, OR

This home is located at 4515 SE 70th Ave Unit 4517, Portland, OR 97206 since 19 April 2022 and is currently estimated at $559,339, approximately $322 per square foot. This property was built in 1975. 4515 SE 70th Ave Unit 4517 is a home located in Multnomah County with nearby schools including Arleta Elementary School, Franklin High School, and Sunstone Montessori School.

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