NOT LISTED FOR SALE

6924 SE Division St Unit 6926 Portland, OR 97206

South Tabor Neighborhood

Estimated Value: $526,000 - $675,000

4 Beds
2 Baths
1,606 Sq Ft
$360/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $400,000 $249 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,606/month

2 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • 1-Story Property
  • Views
  • Wood Siding

About This Home

As of July 2018

OFFERS DUE by JUNE 1ST, 5pm. Opportunity/Location! Single level easy care Duplex directly across street from Beautiful Mt. Tabor Park & Warner Pacific with 86 Bike Score! 10 blocks to FoPo & Clinton Park. W/D hookups, patio, and off-street parking. One unit has fenced backyard. Long term tenants. Seller is Licensed RE Broker. Current Rents are below market. Portland's proposed zoning (RM1) offers potential for additional growth.

Last Agent to Sell the Property

Mark Wade

Mark A. Wade Real Estate License #200304010 Listed on: 05/30/2018

Last Buyer's Agent

Eric Hagstette

Inhabit Real Estate License #200409215

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,505

Year Built

  • Built in 1979

Lot Details

  • 5,140

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,505

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1606
  • Stories: 1
  • Year Built: 1979
  • Property Condition: Approximately
  • Remarks Public: OFFERS DUE by JUNE 1ST, 5pm. Opportunity/Location! Single level easy care Duplex directly across street from Beautiful Mt. Tabor Park & Warner Pacific with 86 Bike Score! 10 blocks to FoPo & Clinton Park. W/D hookups, patio, and off-street parking. One unit has fenced backyard. Long term tenants. Seller is Licensed RE Broker. Current Rents are below market. Portland's proposed zoning (RM1) offers potential for additional growth.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PARKDALE ADD, W 50' OF N 103' OF BLOCK 2
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Lot Description: Level
  • Zoning: R2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4945.10
  • Assessor Parcel Number: R234290
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 10, 2018
Sold by
Wade Mark A and Wade Catherine A B
Bought by
Taylor Marcus
Seller's Agent
Mark Wade
Mark A. Wade Real Estate
Buyer's Agent
Eric Hagstette
Inhabit Real Estate
List Price
$349,900
Sold Price
$400,000
Premium/Discount to List
$50,100
14.32%
Current Estimated Value
$577,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,402
Avg. Annual Appreciation
5.19%
Original Mortgage
$392,755
Outstanding Balance
$339,391
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$238,011

Purchase Details

Closed on
Feb 19, 2008
Sold by
Wade Catherine A B
Bought by
Wade Mark A and Wade Catherine A B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2007
Sold by
Maes Kenneth E and Maes Anita D
Bought by
Mastrandrea Mary C

Purchase Details

Closed on
Aug 19, 2005
Sold by
Reavely Richard S and Reavely Marcia J
Bought by
Maes Kenneth E and Maes Anita D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac
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
Taylor Marcus $400,000 First American Title
Wade Mark A $230,000 Pacific Nw Title
Mastrandrea Mary C $220,000 Pacific Nw Title
Maes Kenneth E $215,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Marcus $392,755
Previous Owner Wade Mark A $161,000
Previous Owner Maes Kenneth E $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $400,000 +14.3% $249 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $349,900 -- $218 / 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 $6,505 $243,120 -- --
2023 $6,255 $236,040 $0 $0
2022 $6,119 $229,170 $0 $0
2021 $6,016 $222,500 $0 $0
2020 $5,519 $216,020 $0 $0
2019 $5,316 $209,730 $0 $0
2018 $5,160 $203,630 $0 $0
2017 $4,945 $197,700 $0 $0
2016 $4,526 $191,950 $0 $0
2015 $4,183 $186,360 $0 $0
2014 $3,951 $180,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18331124

Regional Multiple Listing Service (RMLS)

APN: R234290