NOT LISTED FOR SALE

4950 SE Franklin St Unit 3 Portland, OR 97206

Richmond Neighborhood

Estimated Value: $313,000 - $347,000

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

Last Sold September 07, 2021

Last sale price $330,000 $360 Per Sq Ft

Current estimated payment $2,397/month

Highlights

  • Unit is on the top floor
  • Creston Elementary School Rated 9+
  • Maintained Community

About This Home

As of September 2021

LOCATION! LOCATION! 2016 built condo community featuring many upgrades including high ceilings, quartz coutertops, stainless appliances, mini-split heat and A/C and deck overlooking the neighborhood and all the amenities of living in the Division st area w/shops and restaurants. Well ran small HOA and low monthly fees!

Last Agent to Sell the Property

Melissa Young

Realty One Group Prestige License #200106138 Listed on: 08/05/2021

Realty One Group Prestige

Last Buyer's Agent

Charity Adams

Like Kind Realty License #200506002

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,284

Year Built

  • Built in 2016

HOA Fees

  • $220 per month

Parking

  • On-Street Parking

Home Design

  • Cement Siding

Utilities

  • Electric Water Heater
  • Municipal Trash

Additional Features

  • 1-Story Property
  • Unit is on the top floor

Community Details

  • On-Site Maintenance
  • Maintained Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,284

Year Built

Built in 2016

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: NW Contemporary
  • Sq Ft Calculated: 917
  • Sq Ft Approximate Total: 917
  • Stories: 1
  • Year Built: 2016
  • Property Condition: Resale
  • Remarks Public: LOCATION! LOCATION! 2016 built condo community featuring many upgrades including high ceilings, quartz coutertops, stainless appliances, mini-split heat and A/C and deck overlooking the neighborhood and all the amenities of living in the Division st area w/shops and restaurants. Well ran small HOA and low monthly fees!
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • All Room Features: Balcony, Dishwasher, Eating Area, Great Room, Wall to Wall Carpet, Free-Standing Range, Free-Standing Refrigerator, Closet
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Kitchen Appliances: Microwave, Dishwasher, Disposal, Plumbed For Ice Maker, Free-Standing Range, Granite, Stainless Steel Appliance(s), Quartz
  • Legal Description: TERRACE AT RICHMOND CONDOMINIUMS, LOT 1
  • Sq Ft Main Level: 917
  • Bedrooms: 2
  • Master Bedroom: Features: Wall to Wall Carpet, Closet,On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Dining Room: Features: Eating Area,On Level: Main
  • Living Room: Features: Balcony, Great Room,On Level: Main
  • Kitchen: Features: Dishwasher, Free-Standing Range, Free-Standing Refrigerator,On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1

Exterior Features

  • Deck Available: Yes
  • Total Levels: 3
  • Total Number of Units: 6
  • Exterior Description: Cement Siding
  • Roof Type: Composition
  • Additional Structure Supplement: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Window Unit(s)
  • Heating Description: Mini Split

Condo/Co-op/Association

  • HOA Fees: 220
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Upper Floor
  • Association Amenities: Exterior Maintenance, Trash, Sewer, Water, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Creston
  • High School: Franklin

Lot Info

  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 4483.26
  • Assessor Parcel Number: R673579
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Creston
  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 31, 2021
Sold by
Dotson Abby and Gordon Jennifer
Bought by
Jones Tara M
Seller's Agent
Melissa Young
Portland Real Estate Consulting, Inc.
Buyer's Agent
Charity Adams
Like Kind Realty
List Price
$319,000
Sold Price
$330,000
Premium/Discount to List
$11,000
3.45%
Current Estimated Value
$328,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,342
Avg. Annual Appreciation
-0.10%
Original Mortgage
$280,500
Outstanding Balance
$254,853
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$73,805

Purchase Details

Closed on
Jun 14, 2016
Sold by
Urban Development Group Llc
Bought by
Dotson Abby and Gordon Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
3.61%
Mortgage Type
New Conventional
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
Jones Tara M $330,000 Wfg Title
Dotson Abby $336,000 Lawyers Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Tara M $280,500
Previous Owner Dotson Abby $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2021 09/07/21 Sold $330,000 +3.4% $360 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $319,000 -- $348 / 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

  • Melissa Young

    Seller's Agent in 2021

    Melissa Young

    Realty One Group Prestige

    (503) 577-3371

    2 in this area

    104 Total Sales

    Melissa Young
    Section Image
  • Charity Adams

    Buyer's Agent in 2021

    Charity Adams

    Like Kind Realty

    (503) 381-6334

    1 in this area

    16 Total Sales

    Charity Adams
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21633451

Regional Multiple Listing Service (RMLS)

APN: R673581

Oregon Multnomah County Portland 97206 Richmond

4950 SE Franklin St Unit 3, Portland, OR

This home is located at 4950 SE Franklin St Unit 3, Portland, OR 97206 since 05 August 2021 and is currently estimated at $328,658, approximately $358 per square foot. This property was built in 2016. 4950 SE Franklin St Unit 3 is a home located in Multnomah County with nearby schools including Creston Elementary School, Hosford Middle School, and Franklin High School.

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