NOT LISTED FOR SALE

4933 N Concord Ave Unit 4935 Portland, OR 97217

Overlook Neighborhood

Estimated Value: $649,000 - $754,783

4 Beds
2 Baths
4,104 Sq Ft
$170/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $605,000 $147 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,231/month

2 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Beach Elementary School Rated A-

About This Home

As of January 2020

1954 North Portland Duplex. Each Unit is 2 Bedroom 1 Bath 1026 sq/ft with a 726 sq/ft Basement and a 300 sq/ft garage. Unit 4933 is vacant an open to show, unit 4935 is occupied , do not disturb, inspection subject to contract. 4933 Previously leased at $1800/month.

Last Agent to Sell the Property

Aaron Hall

Hall Real Estate, Inc License #200812031 Listed on: 12/09/2019

Last Buyer's Agent

Darcey Edwards

Edwards Realty Trust Corporation License #201103029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,778

Year Built

  • Built in 1954

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,104 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Beach Elementary School
  • Ockley Green Middle School
  • Roosevelt High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R257188

Community Details

Overview

  • 2 Units
  • Riverside Addition Subdivision

Building Details

  • Operating Expense $11,899
  • Gross Income $25,624
  • Net Operating Income $13,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,778

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1954
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement
  • Storage: Basement
  • High School2: Roosevelt
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: Sidewalk
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Beach
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: R5
  • Parcel #: R257188

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4777.78

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 23.42
  • Annual Gross Income: 25624.0
  • Property Net Operating Income: 13725.0
  • Annual Operating Expense: 11899.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jan 16, 2020
Sold by
Nordling Joanne
Bought by
Meerschaert Michael D
Seller's Agent
Aaron Hall
Hall Real Estate, Inc
Buyer's Agent
Darcey Edwards
Edwards Realty Trust Corporation
List Price
$600,000
Sold Price
$605,000
Premium/Discount to List
$5,000
0.83%
Current Estimated Value
$699,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,446
Avg. Annual Appreciation
2.82%
Original Mortgage
$560,138
Interest Rate
3.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Meerschaert Michael D $605,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meerschaert Michael D $25,000
Open Meerschaert Michael D $552,500
Closed Meerschaert Michael D $560,138
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $605,000 +0.8% $147 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/08/2019 12/08/19 For Sale $600,000 -- $146 / 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 $6,443 $240,830 -- --
2023 $6,196 $233,820 $0 $0
2022 $6,062 $227,010 $0 $0
2021 $5,959 $220,400 $0 $0
2020 $5,110 $200,030 $0 $0
2019 $5,075 $194,210 $0 $0
2018 $4,778 $188,560 $0 $0
2017 $4,579 $183,070 $0 $0
2016 $4,191 $177,740 $0 $0
2015 $4,081 $172,570 $0 $0
2014 $4,019 $167,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Aaron Hall

    Hall Real Estate, Inc

    (503) 597-1315

    14 Total Sales

    Aaron Hall
    Section Image
  • Darcey Edwards

    Buyer's Agent in 2020

    Darcey Edwards

    Edwards Realty Trust Corporation

    (503) 939-6053

    56 Total Sales

    Darcey Edwards
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19608639

Regional Multiple Listing Service (RMLS)

APN: R257188

Oregon Multnomah County Portland 97217 Overlook

4933 N Concord Ave Unit 4935, Portland, OR

This home is located at 4933 N Concord Ave Unit 4935, Portland, OR 97217 since 09 December 2019 and is currently estimated at $699,446, approximately $170 per square foot. This property was built in 1954. 4933 N Concord Ave Unit 4935 is a home located in Multnomah County with nearby schools including Beach Elementary School, Ockley Green, and Jefferson High School.

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