NOT LISTED FOR SALE

4902 SE 73rd Ave Unit 4904 Portland, OR 97206

Foster-Powell Neighborhood

Estimated Value: $504,952 - $533,000

4 Beds
2 Baths
1,560 Sq Ft
$332/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $500,000 $321 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,369/month

54 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • 1-Story Property
  • Green Certified Home

About This Home

As of February 2024

Fantastic one level duplex in the awesome Foster / Powell neighborhood. Each side has 2 bedrooms & 1 bathroom. Super close to the Mercado, Otto's pizza and other great spots. Great floor plan and style with vaulted ceilings and wood burning fireplaces. Dining areas w/ sliders to individual, private yards. Each unit has 2 parking spaces in a paved, off street parking lot. Turnkey property is rented and would also make an awesome owner occupied property. With the new lending rules requiring less of a down payment on owner occupied investment property, this could be a great match. Current rents are $1595 & $1418. A cute and quiet street near so much - this is a smart investment. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192717]

Last Agent to Sell the Property

Maureen Swan

Portland Proper Real Estate License #990400025 Listed on: 10/20/2023

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,807

Year Built

  • Built in 1981

Lot Details

  • 5,009

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Paved Parking

Schools

  • Marysville Elementary School
  • Kellogg Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Green Certified Home
  • Level Lot

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R163220

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,561
  • Gross Income $36,156
  • Net Operating Income $27,595

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,807

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1981
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Aluminum
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

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

Schools

  • Elementary School: Marysville
  • High School: Franklin
  • Middle Or Junior School: Kellogg

Lot Info

  • Zoning: R2.5
  • Parcel #: R163220

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5807.44

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.83
  • Annual Gross Income: 36156.0
  • Property Net Operating Income: 27595.0
  • Annual Operating Expense: 8561.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Dec 15, 2023
Sold by
Brugger Gerhard and Monterroza-Brugger Maritza
Bought by
Torres Christian Chavez
Seller's Agent
Maureen Swan
Portland Proper Real Estate
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$500,000
Sold Price
$500,000
Views
32
Current Estimated Value
$522,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,282
Avg. Annual Appreciation
2.48%
Original Mortgage
$483,312
Interest Rate
6.61%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 25, 2021
Sold by
Walborn Bradley J and The Bradley Jay Walborn Trust
Bought by
Brugger Gerhard and Brugger Maritza Monterroza
Seller's Agent
Kellie Jenkins
Windermere Realty Trust
Buyer's Agent
Maureen Swan
Portland Proper Real Estate
List Price
$494,000
Sold Price
$486,428
Premium/Discount to List
-$7,572
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$364,815
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Walborn Bradley J
Bought by
Walborn Bradley J and Bradley Jay Walborn Trust

Purchase Details

Closed on
Jul 25, 2005
Sold by
Klein Thomas G
Bought by
Walborn Bradley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 1995
Sold by
Flynn Stanley C
Bought by
Klein Thomas G and Klein Ruth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,300
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Torres Christian Chavez $500,000 First American Title
Brugger Gerhard $486,428 First American Title
Walborn Bradley J -- None Available
Walborn Bradley J $183,500 First American
Klein Thomas G $119,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Christian Chavez $483,312
Previous Owner Brugger Gerhard $364,815
Previous Owner Walborn Bradley J $137,225
Previous Owner Walborn Bradley J $146,800
Previous Owner Klein Thomas G $86,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $500,000 0.0% $321 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $500,000 +2.8% $321 / Sq Ft
10/27/2021 10/27/21 Sold $486,428 -1.5% $312 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $494,000 -- $317 / 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 $5,807 $219,160 $0 $0
2022 $5,682 $212,780 $0 $0
2021 $5,586 $206,590 $0 $0
2020 $5,124 $200,580 $0 $0
2019 $4,936 $194,740 $0 $0
2018 $4,791 $189,070 $0 $0
2017 $4,592 $183,570 $0 $0
2016 $4,202 $178,230 $0 $0
2015 $3,811 $173,040 $0 $0
2014 $3,651 $168,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23650012

Regional Multiple Listing Service (RMLS)

APN: R163220