NOT LISTED FOR SALE

4721 NE Garfield Ave Portland, OR 97211

King Neighborhood

Estimated Value: $552,772 - $612,000

4 Beds
2 Baths
1,440 Sq Ft
$408/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $550,000 $382 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,476/month

9 Days on Market

Highlights

  • Deck
  • Wood Siding
  • 4-minute walk to King School Park
  • Washer and Dryer
  • 1-Story Property

About This Home

As of October 2020

Sweet mid-century duplex in a perfect Northeast spot. The front unit is ready for new residents--move in or rent it out. Each side has two bedrooms, a bright, updated bathroom, remodeled kitchen w/ laundry, bamboo flooring, and fresh paint. Well maintained with lots of recent updates. The quiet yard has decks and room to garden. All of the restaurants and shops of Alberta, Vancouver/Williams, and Mississippi are just blocks away. - Seller is a licensed Oregon principal real estate broker.

Last Agent to Sell the Property

Tim Pitts

Proud Realty LLC License #200907074 Listed on: 08/29/2020

Last Buyer's Agent

Emily Hetrick

Keller Williams PDX Central License #200106001

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 5,009

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Range
  • Washer and Dryer

Parking

  • Carport
  • Paved Parking

Additional Features

  • Deck
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,018

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1440
  • Stories: 1
  • Year Built: 1966
  • Property Condition: Updated/Remodeled
  • Remarks Public: Sweet mid-century duplex in a perfect Northeast spot. The front unit is ready for new residents--move in or rent it out. Each side has two bedrooms, a bright, updated bathroom, remodeled kitchen w/ laundry, bamboo flooring, and fresh paint. Well maintained with lots of recent updates. The quiet yard has decks and room to garden. All of the restaurants and shops of Alberta, Vancouver/Williams, and Mississippi are just blocks away. - Seller is a licensed Oregon principal real estate broker.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MAEGLY HIGHLAND, BLOCK 7, LOT 2
  • Basement: Crawl Space

Exterior Features

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

Garage/Parking

  • Parking Description: Carport, Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Deck, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: MartinL King Jr
  • Middle School: Harriet Tubman
  • High School: Grant
  • School High2: Jefferson

Lot Info

  • Zoning: R2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2565.75
  • Assessor Parcel Number: R211598
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.08

MLS Schools

  • Elementary School: MartinL King Jr
  • High School: Grant
  • Middle School: Harriet Tubman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 8, 2020
Sold by
Pitts Timothy and Wry Jacob
Bought by
Delackner Seth Daniel and Oliphant Mary Constance
Seller's Agent
Tim Pitts
Proud Realty LLC
Buyer's Agent
Emily Hetrick
Keller Williams PDX Central
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$588,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,912
Avg. Annual Appreciation
1.25%
Original Mortgage
$412,500
Outstanding Balance
$371,018
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$213,008

Purchase Details

Closed on
Oct 16, 2017
Sold by
Wry Jacob
Bought by
Pitts Timothy and Wry Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2007
Sold by
Lal Nand
Bought by
Wry Jacob George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1997
Sold by
Weston Webb Peter
Bought by
Lal Nand and Lal Asha Wati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
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
Delackner Seth Daniel $550,000 Chicago Title Company Of Or
Pitts Timothy -- Wfg Title
Wry Jacob George $225,000 Chicago Title Co
Lal Nand $133,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delackner Seth Daniel $412,500
Previous Owner Pitts Timothy $367,500
Previous Owner Wry Jacob George $213,750
Previous Owner Lal Nand $119,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $550,000 0.0% $382 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $550,000 -- $382 / 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 $3,018 $113,910 $0 $0
2022 $2,953 $110,600 $0 $0
2021 $2,903 $107,380 $0 $0
2020 $2,664 $104,260 $0 $0
2019 $2,566 $101,230 $0 $0
2018 $2,490 $98,290 $0 $0
2017 $2,387 $95,430 $0 $0
2016 $2,185 $92,660 $0 $0
2015 $2,128 $89,970 $0 $0
2014 $2,095 $87,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20363574

Regional Multiple Listing Service (RMLS)

APN: R211598