NOT LISTED FOR SALE

627 N Skidmore St Unit 637 Portland, OR 97217

Humboldt Neighborhood

Estimated Value: $742,000 - $1,035,000

5 Beds
4 Baths
2,322 Sq Ft
$397/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $950,000 $409 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,654/month

257 Days on Market

Highlights

  • Baseboard Heating
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

As of March 2023

Beautiful and well maintained quadplex in the heart of the Humboldt neighborhood. Each unit boasts hardwood flooring, subway tiles in the kitchens and bathrooms, as well as the original 1931 built in shelving. This property is a perfect addition to any investors portfolio. Call listing agent for questions and showings.

Last Agent to Sell the Property

Jeff Edmondson

24/7 Properties License #200802126 Listed on: 06/10/2022

Last Buyer's Agent

Melissa Dorman

Living Room Realty License #201222278

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,034

Year Built

  • Built in 1931

Lot Details

  • 8,102

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Schools

  • Boise-Eliot Elementary School
  • Harriet Tubman Middle School
  • Jefferson High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • 1-Story Property
  • Level Lot
  • Unfinished Basement

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R130903

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $10,034
  • Gross Income $69,960
  • Net Operating Income $59,926

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,034

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1931
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Boise-Eliot
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Zoning: R2.5
  • Parcel #: R130903

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 7034.36

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.58
  • Annual Gross Income: 69960.0
  • Property Net Operating Income: 59926.0
  • Annual Operating Expense: 10034.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Apr 5, 2023
Sold by
Galan Bryan
Bought by
627-637 N Skidmore Llc
Seller's Agent
Jeff Edmondson
24/7 Properties
Buyer's Agent
Melissa Dorman
Living Room Realty
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
10
Current Estimated Value
$921,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,605
Avg. Annual Appreciation
-1.26%
Original Mortgage
$712,500
Outstanding Balance
$690,895
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$230,500

Purchase Details

Listed on
Jun 10, 2022
Closed on
Mar 21, 2023
Sold by
Roundtop Llc
Bought by
Galan Bryan and Krenek Lucie
Seller's Agent
Jeff Edmondson
24/7 Properties
Buyer's Agent
Melissa Dorman
Living Room Realty
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$690,895
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$230,500

Purchase Details

Closed on
Feb 22, 2022
Sold by
Edmondson Jeffrey J
Bought by
Roundtop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2022
Sold by
Rondtop Llc
Bought by
Edmondson Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2017
Sold by
Edmondson Jeff
Bought by
Rondtop Llc

Purchase Details

Closed on
Mar 23, 2017
Sold by
Edmondson Jeffrey
Bought by
Edmondson Jeff and Russo Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2017
Sold by
Russo Joe
Bought by
Edmondson Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2014
Sold by
Crawford Calloway
Bought by
Russo Joe and Edmondson Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.96%
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
627-637 N Skidmore Llc -- Lawyers Title
Galan Bryan $950,000 Lawyers Title
Roundtop Llc $96,000 Lawyers Title
Edmondson Jeffrey J $96,000 Lawyers Title
Rondtop Llc -- Accommodation
Edmondson Jeff -- None Available
Edmondson Jeffery -- Lawyers Title
Russo Joe $450,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galan Bryan $712,500
Previous Owner Edmondson Jeffrey J $433,000
Previous Owner Edmondson Jeffrey J $433,000
Previous Owner Edmondson Jeffery $455,000
Previous Owner Russo Joseph J $450,000
Previous Owner Russo Joe $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $950,000 0.0% $409 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $950,000 -5.0% $409 / Sq Ft
11/21/2022 11/21/22 Price Changed $999,950 -9.1% $431 / Sq Ft
06/09/2022 06/09/22 For Sale $1,100,000 -- $474 / 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 $7,606 $284,280 -- --
2023 $7,314 $276,000 $0 $0
2022 $7,155 $267,970 $0 $0
2021 $7,034 $260,170 $0 $0
2020 $6,453 $252,600 $0 $0
2019 $6,216 $245,250 $0 $0
2018 $6,033 $238,110 $0 $0
2017 $5,783 $231,180 $0 $0
2016 $5,292 $224,450 $0 $0
2015 $5,153 $217,920 $0 $0
2014 $5,076 $211,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Edmondson

    Seller's Agent in 2023

    Jeff Edmondson

    24/7 Properties

    (916) 295-8714

    1 in this area

    139 Total Sales

    Jeff Edmondson
    Section Image
  • Melissa Dorman

    Buyer's Agent in 2023

    Melissa Dorman

    Living Room Realty

    (562) 355-8593

    6 in this area

    209 Total Sales

    Melissa Dorman
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22058335

Regional Multiple Listing Service (RMLS)

APN: R130903

Oregon Multnomah County Portland 97217 Humboldt

627 N Skidmore St Unit 637, Portland, OR

This home is located at 627 N Skidmore St Unit 637, Portland, OR 97217 since 10 June 2022 and is currently estimated at $921,395, approximately $396 per square foot. This property was built in 1931. 627 N Skidmore St Unit 637 is a home located in Multnomah County with nearby schools including Boise-Eliot Elementary School, Harriet Tubman Middle School, and Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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