NOT LISTED FOR SALE

4950 SE Franklin St Unit 1 Portland, OR 97206

Richmond Neighborhood

Estimated Value: $313,000 - $396,000

2 Beds
1 Bath
917 Sq Ft
$220/mo HOA Fee

Last Sold March 20, 2020

Last sale price $307,800 $336 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,458/month

116 Days on Market

Highlights

  • Quartz Countertops
  • Stainless Steel Appliances
  • Patio
  • Creston Elementary School Rated 9+
  • Cooling Available
  • Level Entry For Accessibility

About This Home

As of March 2020

Turn Key condo close to SE Division shops and restaurants. This clean easy living condo is fresh and inviting. The open living space with front patio provides easy city living! Don't miss this move in ready property at a price point that is hard to find in this desirable neighborhood. Hurry!

Last Agent to Sell the Property

Dori Olmsted

Cascade Hasson Sotheby's International Realty License #200202138 Listed on: 11/08/2019

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Devin Bourne

Bespoke Realty License #201210339

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,191

Year Built

  • Built in 2016

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 917 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Stainless Steel Appliances
  • Quartz Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Schools

  • Creston Elementary And Middle School
  • Franklin High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number R673579

Community Details

Overview

  • Terrace At Richmond HOA, Phone Number (785) 220-4456

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,191

Year Built

Built in 2016

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2016
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Microwave
  • Room 12 Features: Patio
  • Room 9 Features: LivingRoomDiningRoomCombo
  • Special Features: None

Interior Features

  • Accessibility Features: GroundLevel, OneLevel
  • Total Bathrooms: 1.0
  • Interior Amenities: Quartz
  • Appliances: FreeStandingRange, Microwave, Quartz, StainlessSteelAppliance, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 117
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Other Room9 Area: 64
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: Patio
  • Foundation Details: Slab
  • View: No
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: Commons, Insurance, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Abby Dotson
  • CondominiumAssociationName: Terrace at Richmond HOA
  • CondominiumAssociationPhone: 785-220-4456
  • CondominiumAssociationURLYN: No

Schools

  • Elementary School: Creston
  • High School: Franklin
  • Middle Or Junior School: Creston

Lot Info

  • Farm: No
  • Parcel #: R673579

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4191.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Mar 19, 2020
Sold by
Prill Lawrence Allen and Lawrence Allen Solo 401K Trust
Bought by
Stankovik Theresa and The Da Trust
Seller's Agent
Dori Olmsted
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Devin Bourne
Bespoke Realty
List Price
$310,000
Sold Price
$307,800
Premium/Discount to List
-$2,200
-0.71%
Current Estimated Value
$340,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,426
Avg. Annual Appreciation
1.81%

Purchase Details

Closed on
Feb 29, 2016
Sold by
Urban Development Group Llc
Bought by
Prill Lawrence Allen and Lawrence Allen Solo 401K Trust
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
Stankovik Theresa $307,800 Ortc
Prill Lawrence Allen $335,000 Lawyers Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $307,800 -0.7% $336 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $310,000 -- $338 / 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 $5,284 $197,500 -- $197,500
2023 $5,081 $191,750 $0 $191,750
2022 $4,971 $186,170 $0 $0
2021 $4,887 $180,750 $0 $0
2020 $4,483 $175,490 $0 $0
2019 $4,318 $170,380 $0 $0
2018 $4,191 $165,420 $0 $0
2017 $4,017 $0 $0 $0
2016 $4,001 $169,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19282260

Regional Multiple Listing Service (RMLS)

APN: R673579