NOT LISTED FOR SALE

4706 NE 97th Ave Portland, OR 97220

Parkrose Neighborhood

Estimated Value: $418,000 - $560,000

5 Beds
2 Baths
2,194 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $269,500 $123 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,059/month

51 Days on Market

Highlights

  • Storage
  • Level Lot
  • 1-Story Property
  • Garage

About This Home

As of August 2015

Seller will also allow $5,000. for repairs. Two houses, one lot. Other address is 9707 NE Wygant.Seller has been receiving rent only on NE 97th house, $835. Family member living in Wygant house; rent not collected. Wygant rent should be $1,100+ per month. 97th house rent could be raised to about $950. Both have basements. Very nice property with grass and trees! Request Investors Package for financials. Do not disturb tenants!

Last Agent to Sell the Property

Tom Abalan

Kelly Right Real Estate of Portland, LLC License #200606374 Listed on: 02/23/2015

Kelly Right Real Estate of Portland, LLC

Last Buyer's Agent

Tatiana Xenelis

KJK Properties PC License #200704030

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,593

Year Built

  • Built in 1924

Lot Details

  • Level Lot

Parking

  • Garage
  • Off-Site Parking

Interior Spaces

  • 1-Story Property
  • Storage
  • Basement Storage
  • Range

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,593

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2194
  • Stories: 1
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished
  • Legal Description: ROSEPARK, BLOCK 3, LOT 9
  • Storage: Basement

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Parking Description: Off Site, Garage

Utilities

  • Fuel Description: Oil
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Water

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Storage, Unfurnished

Schools

  • Elementary School: Prescott
  • Middle School: Parkrose
  • High School: Parkrose

Lot Info

  • Lot Description: Level
  • Zoning: R2H

Tax Info

  • Tax Amount: 3918.39
  • Assessor Parcel Number: R261525

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 26.90

MLS Schools

  • Elementary School: Prescott
  • High School: Parkrose
  • Middle School: Parkrose

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2015
Closed on
Aug 6, 2015
Sold by
Schafer Richard A
Bought by
Fischer Joel
Seller's Agent
Tom Abalan
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Tatiana Xenelis
KJK Properties PC
List Price
$279,000
Sold Price
$269,500
Premium/Discount to List
-$9,500
-3.41%
Current Estimated Value
$489,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,581
Avg. Annual Appreciation
5.40%
Original Mortgage
$229,075
Outstanding Balance
$180,352
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$279,201

Purchase Details

Closed on
Oct 13, 2006
Sold by
Royster Herbert J
Bought by
Schafer Richard A and Schafer Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,900
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2006
Sold by
Royster Herbert J
Bought by
Royster Herbert J

Purchase Details

Closed on
Feb 9, 2001
Sold by
Royster Herbert J
Bought by
Minneman Clare B
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
Fischer Joel $269,500 Ticor Title
Schafer Richard A $245,200 Chicago Title Insurance Co
Royster Herbert J -- None Available
Minneman Clare B -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Joel $229,075
Previous Owner Schafer Richard A $232,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $269,500 -3.4% $123 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $279,000 -- $127 / 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 $5,593 $247,350 -- --
2023 $5,363 $240,150 $0 $0
2022 $5,258 $233,160 $0 $0
2021 $5,170 $226,370 $0 $0
2020 $4,799 $219,780 $0 $0
2019 $4,542 $213,380 $0 $0
2018 $4,387 $207,170 $0 $0
2017 $4,228 $201,140 $0 $0
2016 $4,080 $195,290 $0 $0
2015 $4,002 $189,610 $0 $0
2014 $3,918 $184,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tom Abalan

    Kelly Right Real Estate of Portland, LLC

    Section Image
  • Tatiana Xenelis

    Buyer's Agent in 2015

    Tatiana Xenelis

    KJK Properties PC

    (503) 756-2559

    83 Total Sales

    Tatiana Xenelis
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15655840

Regional Multiple Listing Service (RMLS)

APN: R261525

Oregon Multnomah County Portland 97220 Parkrose

4706 NE 97th Ave, Portland, OR

This home is located at 4706 NE 97th Ave, Portland, OR 97220 since 23 February 2015 and is currently estimated at $489,081, approximately $222 per square foot. This property was built in 1924. 4706 NE 97th Ave is a home located in Multnomah County with nearby schools including Prescott Elementary School, Parkrose Middle School, and Parkrose High School.

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