NOT LISTED FOR SALE

4703 NE 22nd Ave Unit 4705 Portland, OR 97211

Sabin Neighborhood

Estimated Value: $625,000 - $736,000

4 Beds
2 Baths
1,608 Sq Ft
$426/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $660,000 $410 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,211/month

7 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Washer and Dryer
  • Sabin Elementary School Rated A-
  • Storage
  • High Speed Internet

About This Home

As of October 2020

OFFERS DUE WEDS 7/29 4PM. Duplex in Alberta Arts District! Exceptional location close to shops,restaurants, parks. 2 units@2 beds/1 bath, 804 living sqft, 1 attd. garage, fenced backyard PER UNIT. Garages & backyards are separate, indiv. access/spaces. Loads of charm, wood floors,built-ins, NEW windows,coffered ceilings, & more. Rent in front unit very under market, rear unit with big yard and basement is vacant, can be rented out at market. 4703 has a bsmnt as well. SqFt does NOT include bsmnt

Last Agent to Sell the Property

Amy Adler

Windermere Realty Group License #201232520 Listed on: 07/23/2020

Windermere Realty Group

Last Buyer's Agent

Matt Guy

Living Room Realty License #200407065

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,338

Year Built

  • Built in 1953

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Block Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer
  • Wood Flooring
  • Partially Finished Basement
  • Basement Storage
  • Range

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,338

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1608
  • Stories: 1
  • Year Built: 1953
  • Property Condition: Existing
  • Remarks Public: OFFERS DUE WEDS 7/29 4PM. Duplex in Alberta Arts District! Exceptional location close to shops,restaurants, parks. 2 units@2 beds/1 bath, 804 living sqft, 1 attd. garage, fenced backyard PER UNIT. Garages & backyards are separate, indiv. access/spaces. Loads of charm, wood floors,built-ins, NEW windows,coffered ceilings, & more. Rent in front unit very under market, rear unit with big yard and basement is vacant, can be rented out at market. 4703 has a bsmnt as well. SqFt does NOT include bsmnt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: VERNON, BLOCK 53, LOT 14
  • Basement: Partially Finished, Storage Space
  • Storage: Attached, Basement

Exterior Features

  • Exterior Description: Shingle Siding, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Block, Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Internet Service Type: Wireless
  • Security: Sidewalk

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Range, Storage, Washer/Dryer

Schools

  • Elementary School: Sabin
  • Middle School: Harriet Tubman
  • High School: Grant
  • School High2: Jefferson

Lot Info

  • Lot Description: Level
  • Zoning: R-5

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3545.36
  • Assessor Parcel Number: R295631
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 25.19

MLS Schools

  • Elementary School: Sabin
  • High School: Grant
  • Middle School: Harriet Tubman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Guy Mathew and Guy Matthew Graham
Bought by
Gray Mary
Total Days on Market
7
Current Estimated Value
$685,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$455,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$199,637

Purchase Details

Closed on
Sep 28, 2005
Sold by
Saunders Thomas G
Bought by
Hermanns Donald W and Hermanns David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
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
Gray Mary -- Stewart Title
Hermanns Donald W $351,000 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Mary $455,000
Previous Owner Hermanns Carl $98,208
Previous Owner Hermanns Donald W $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $660,000 -0.8% $410 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $665,000 -- $414 / 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 $4,338 $157,420 $0 $0
2022 $4,081 $152,840 $0 $0
2021 $4,012 $148,390 $0 $0
2020 $3,681 $144,070 $0 $0
2019 $3,545 $139,880 $0 $0
2018 $3,441 $135,810 $0 $0
2017 $3,298 $131,860 $0 $0
2016 $3,018 $128,020 $0 $0
2015 $2,939 $124,300 $0 $0
2014 $2,895 $120,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20627561

Regional Multiple Listing Service (RMLS)

APN: R295631