NOT LISTED FOR SALE

4701 NE 55th Ave Unit 4711 Portland, OR 97218

Cully Neighborhood

Estimated Value: $526,000 - $800,000

6 Beds
4 Baths
1,302 Sq Ft
$494/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $423,600 $325 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,997/month

8 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • Level Lot
  • Beaumont Middle School Rated 10
  • Washer and Dryer
  • 4-minute walk to Khunamokwst Park

About This Home

As of April 2014

4-Plex investment opportunity in desirable NE Portland location. This property features 2 buildings on one tax lot and has great potential for upside in rents. Units feature hardwood floors, in unit washer/dryer and share a large courtyard style backyard.

Last Agent to Sell the Property

Lance Swanson

Keller Williams PDX Central License #200410136 Listed on: 03/12/2014

Keller Williams PDX Central

Last Buyer's Agent

Gary Had

Gary Had Real Estate, Inc License #200502019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,810

Year Built

  • Built in 1949

Lot Details

  • 0.25

Home Design

  • Shingle Siding

Interior Spaces

  • Storage
  • Washer and Dryer
  • Wood Flooring
  • Range

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,810

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Year Built: 1949
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: NORTH RIGLER ADD, BLOCK 2, S 97' OF LOT 6
  • Storage: Individual Storage Units

Exterior Features

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Rigler
  • High School: Madison

Lot Info

  • Lot Description: Level
  • Zoning: R7

Tax Info

  • Tax Amount: 3685.69
  • Assessor Parcel Number: R227188

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.65

MLS Schools

  • Elementary School: Rigler
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2017
Sold by
Love Scott C and Vanscoyk Ronald L
Bought by
4701 & I I Ne 55 Avenue Llc
Current Estimated Value
$643,596

Purchase Details

Listed on
Mar 12, 2014
Closed on
Apr 10, 2014
Sold by
Squier Kurt A
Bought by
Love Scott C and Vanscoyk Ronald L
Seller's Agent
Lance Swanson
Keller Williams PDX Central
Buyer's Agent
Gary Had
Gary Had Real Estate, Inc
List Price
$399,900
Sold Price
$423,600
Premium/Discount to List
$23,700
5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%

Purchase Details

Closed on
May 12, 2005
Sold by
Williams Christina M
Bought by
Squier Kurt A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,065
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2004
Sold by
Pinda Allen Christine B
Bought by
Williams Christina M and Squier Kurt A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1995
Sold by
Dingman Guy C and Dingman Wanda J
Bought by
Pinda Allen Christine B
Source: Public Records

Range of Values:

Collateral Analytics

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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
4701 & I I Ne 55 Avenue Llc -- None Available
Love Scott C $423,600 First American
Squier Kurt A -- --
Williams Christina M $264,000 Lawyers Title Ins
Pinda Allen Christine B $104,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shyka Matthew $150,000
Previous Owner Mengistu Sisay $326,600
Previous Owner Squier Kurt A $34,065
Previous Owner Squier Kurt A $272,800
Previous Owner Williams Christina M $211,200
Closed Williams Christina M $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $423,600 +5.9% $325 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $399,900 -- $307 / 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 $6,810 $254,520 -- --
2023 $6,548 $247,110 $0 $0
2022 $6,406 $239,920 $0 $0
2021 $6,298 $232,940 $0 $0
2020 $5,778 $226,160 $0 $0
2019 $5,565 $219,580 $0 $0
2018 $5,402 $213,190 $0 $0
2017 $5,177 $206,990 $0 $0
2016 $4,738 $200,970 $0 $0
2015 $3,831 $162,010 $0 $0
2014 $3,773 $157,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lance Swanson

    Seller's Agent in 2014

    Lance Swanson

    Keller Williams PDX Central

    (503) 709-5081

    21 Total Sales

    Lance Swanson
    Section Image

  • G

    Buyer's Agent in 2014

    Gary Had

    Gary Had Real Estate, Inc

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14170130

Regional Multiple Listing Service (RMLS)

APN: R227188

Oregon Multnomah County Portland 97218 Cully

4701 NE 55th Ave Unit 4711, Portland, OR

This home is located at 4701 NE 55th Ave Unit 4711, Portland, OR 97218 since 12 March 2014 and is currently estimated at $643,596, approximately $494 per square foot. This property was built in 1949. 4701 NE 55th Ave Unit 4711 is a home located in Multnomah County with nearby schools including Rigler Elementary School, Beaumont Middle School, and Leodis V. McDaniel High School.

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