NOT LISTED FOR SALE

4701 SW Martha St Unit 4703 Portland, OR 97221

Hayhurst Neighborhood

Estimated Value: $492,014 - $508,000

4 Beds
2 Baths
16,645 Sq Ft
$30/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $497,500 $30 Per Sq Ft

Current estimated payment $3,303/month

16 Days on Market

Highlights

  • View of Trees or Woods
  • Baseboard Heating
  • 1-Story Property
  • No HOA
  • Gentle Sloping Lot

About This Home

As of July 2024

Great location in SW Portland in an area of more expensive single family homes.Located just off Beaverton Hillsdale Hwy and close to Multnomah Village. One block from mass transit with close proximity to stores, restaurants and easy access to downtown Portland and OSHU. Unit 4701 was remodeled in 2022 and is rented at $1,545. Unit 4703 was just remodeled and is rented at $1,645. Covered carport parking and each unit has a washer & dryer. Site has potential for additional unit development as the property is zoned R2, buyer to do own due diligence.

Last Agent to Sell the Property

Tom DeMonbrun

Metro Group Realty License #911100021 Listed on: 05/16/2024

Last Buyer's Agent

Michael Susak

Susak Properties LLC License #990500087

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,099

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Composition Roof
  • Built-Up Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 16,645 Sq Ft Home
  • 1-Story Property
  • Views of Woods
  • Finished Basement
  • Natural lighting in basement

Parking

  • 2 Parking Spaces
  • Carport
  • On-Street Parking

Schools

  • Hayhurst Elementary School
  • Robert Gray Middle School
  • Ida B Wells High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance
  • Assessor Parcel Number R160606

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,600
  • Gross Income $38,280
  • Net Operating Income $30,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,099

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Finished
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab, StemWall
  • View: Yes
  • Lot Features: GentleSloping
  • Road Surface Type: Paved
  • Roof: BuiltUp, Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Carport, OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hayhurst
  • High School: Ida B Wells
  • Middle Or Junior School: Robert Gray

Lot Info

  • Zoning: Duplex
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Parcel #: R160606

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 6099.03
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.3
  • Annual Gross Income: 38280.0
  • Property Net Operating Income: 30680.0
  • Annual Operating Expense: 7600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 29, 2024
Sold by
Martha Street Llc
Bought by
Wesler Jonsnow H and Wesler Logan A
Seller's Agent
Tom DeMonbrun
Metro Group Realty
Buyer's Agent
Michael Susak
Susak Properties LLC
List Price
$540,000
Sold Price
$497,500
Premium/Discount to List
-$42,500
-7.87%
Total Days on Market
16
Views
17
Current Estimated Value
$498,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504
Avg. Annual Appreciation
0.12%
Original Mortgage
$472,625
Outstanding Balance
$469,381
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$28,623

Purchase Details

Closed on
Oct 13, 2009
Sold by
Pin John W
Bought by
Martha Street Llc
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
Wesler Jonsnow H $497,500 Fidelity National Title
Martha Street Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wesler Jonsnow H $472,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $497,500 -2.3% $30 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/16/2024 05/16/24 Price Changed $509,000 -5.7% $31 / Sq Ft
05/16/2024 05/16/24 For Sale $540,000 -- $32 / 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 $6,099 $230,380 $0 $0
2022 $5,967 $223,670 $0 $0
2021 $5,866 $217,160 $0 $0
2020 $5,381 $210,840 $0 $0
2019 $5,183 $204,700 $0 $0
2018 $5,031 $198,740 $0 $0
2017 $4,822 $192,960 $0 $0
2016 $4,412 $187,340 $0 $0
2015 $4,297 $181,890 $0 $0
2014 $4,232 $176,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom DeMonbrun

    Seller's Agent in 2024

    Tom DeMonbrun

    Metro Group Realty

    (503) 341-5026

    2 in this area

    35 Total Sales

    Tom DeMonbrun
    Section Image

  • M

    Buyer's Agent in 2024

    Michael Susak

    Susak Properties LLC

    (503) 888-2333

    1 in this area

    14 Total Sales

    Michael Susak
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24327643

Regional Multiple Listing Service (RMLS)

APN: R160606

Oregon Multnomah County Portland 97221 Hayhurst

4701 SW Martha St Unit 4703, Portland, OR

This home is located at 4701 SW Martha St Unit 4703, Portland, OR 97221 since 16 May 2024 and is currently estimated at $498,004, approximately $29 per square foot. This property was built in 1972. 4701 SW Martha St Unit 4703 is a home located in Multnomah County with nearby schools including Hayhurst Elementary School, Robert Gray Middle School, and Ida B. Wells-Barnett High 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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