NOT LISTED FOR SALE

6606 NE 8th Ave Unit 6614 Portland, OR 97211

Woodlawn Neighborhood

Estimated Value: $717,308 - $794,000

1 Bed
1 Bath
2,296 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $499,000 $217 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,644/month

7 Days on Market

Highlights

  • Wood Siding
  • 1-Story Property
  • 5-minute walk to Woodlawn Park

About This Home

As of May 2015

Don't miss this fantastic investment opportunity. Steps to brewery, coffee, Woodlawn park. Newly painted exterior and siding, newer roof. Great income property with upside potential.

Last Agent to Sell the Property

Camille Mayeux

Living Room Realty License #201208006 Listed on: 03/30/2015

Co-Listed By

Eli Haworth-Kaufka

Cloud City Realty License #201108051

Last Buyer's Agent

Chris Johnson

CORE, Realtors License #930700182

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,171

Year Built

  • Built in 1958

Lot Details

  • 5,009

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,171

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2296
  • Stories: 1
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: WOODLAWN, BLOCK 10, LOT 8

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Schools

  • Elementary School: Woodlawn
  • Middle School: Woodlawn
  • High School: Jefferson
  • School High2: Roosevelt

Lot Info

  • Lot Description: Corner
  • Zoning: R2.5

Tax Info

  • Tax Amount: 2894.94
  • Assessor Parcel Number: R311526

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.10

MLS Schools

  • Elementary School: Woodlawn
  • High School: Jefferson
  • Middle School: Woodlawn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2015
Closed on
May 8, 2015
Sold by
6606 Ne Eighth Llc
Bought by
Williams John H and Williams Anne N
Seller's Agent
Camille Mayeux
Living Room Realty
Buyer's Agent
Chris Johnson
CORE, Realtors
List Price
$485,000
Sold Price
$499,000
Premium/Discount to List
$14,000
2.89%
Total Days on Market
7
Current Estimated Value
$765,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,327
Avg. Annual Appreciation
4.06%
Original Mortgage
$225,000
Outstanding Balance
$175,572
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$569,766

Purchase Details

Closed on
Jun 19, 2008
Sold by
Sakura Urban Concepts Llc
Bought by
6606 Ne Eighth Llc

Purchase Details

Closed on
Aug 9, 2006
Sold by
Halula Edward
Bought by
Nakagawa Takahito and Nakagawa Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,800
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 4, 1998
Sold by
Bragg Clayton R R
Bought by
Halula Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1998
Sold by
Western United Life Assurance Company
Bought by
Bragg Clayton R R and Bragg Sheila R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Williams John H $499,000 Chicago Title
6606 Ne Eighth Llc $395,000 Fidelity Natl Title Co Of Or
Sakura Urban Concepts Llc -- Fidelity Natl Title Co Of Or
Nakagawa Takahito $298,000 Multiple
Halula Edward $125,000 Pacific Nw Title
Bragg Clayton R R $59,950 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams John H $225,000
Previous Owner Nakagawa Takahito $73,250
Previous Owner Nakagawa Takahito $29,800
Previous Owner Nakagawa Takahito $238,400
Previous Owner Halula Edward $77,000
Closed Anderson Steven W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2015 05/08/15 Sold $499,000 +2.9% $217 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $485,000 -- $211 / 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 $4,171 $157,420 $0 $0
2022 $4,081 $152,840 $0 $0
2021 $4,012 $148,390 $0 $0
2020 $3,681 $144,070 $0 $0
2019 $3,545 $139,880 $0 $0
2018 $3,441 $135,810 $0 $0
2017 $3,298 $131,860 $0 $0
2016 $3,018 $128,020 $0 $0
2015 $2,939 $124,300 $0 $0
2014 $2,895 $120,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15331740

Regional Multiple Listing Service (RMLS)

APN: R311526