NOT LISTED FOR SALE

7028 N Bank St Portland, OR 97203

Saint Johns Neighborhood

Estimated Value: $353,000 - $541,000

6 Beds
4 Baths
2,640 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 06, 2017

Last sale price $420,000 $159 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,698/month

16 Days on Market

About This Home

As of September 2017

Updated hard to find 3 bedroom, 2 bathroom units with family room/loft area! Hot St. Johns neighborhood. Side by side duplex with fenced yard and off street parking. Inside each unit is updated with new kitchens, baths, flooring and paint. Exterior features 1 year old roof, new exterior paint, shed and landscaping. Positive cash flow! Potential gross rent multiplier of 10.56!

Last Agent to Sell the Property

Nikki del Giudice

Farrell Realty & Property Management, Inc License #200710231 Listed on: 05/24/2017

Last Buyer's Agent

Nikki del Giudice

Farrell Realty & Property Management, Inc License #200710231 Listed on: 05/24/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,978

Year Built

  • Built in 2000

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Paved Parking

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Farrell & Associates, Inc.

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,978

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2640
  • Stories: 2
  • Year Built: 2000
  • Property Condition: Approximately
  • Remarks Public: Updated hard to find 3 bedroom, 2 bathroom units with family room/loft area! Hot St. Johns neighborhood. Side by side duplex with fenced yard and off street parking. Inside each unit is updated with new kitchens, baths, flooring and paint. Exterior features 1 year old roof, new exterior paint, shed and landscaping. Positive cash flow! Potential gross rent multiplier of 10.56!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: EAST ST JOHNS, BLOCK 32, LOT 3-6 EXC PT IN ST
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Aluminum
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Management Name: Farrell & Associates, Inc.
  • Unit Features: Dishwasher, Range, Refrigerator, Wood Floors

Schools

  • Elementary School: James John
  • Middle School: George
  • High School: Roosevelt

Lot Info

  • Lot Description: On Busline, Corner Lot, Level
  • Zoning: R5

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 5777.47
  • Assessor Parcel Number: R151385
  • Assessor Parcel Number 2: R151384

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 21.14

MLS Schools

  • Elementary School: James John
  • High School: Roosevelt
  • Middle School: George

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2024
Sold by
Tonneson Richard S and Tonneson Joyce A
Bought by
Tonneson Investment Properties Llc
Current Estimated Value
$428,467

Purchase Details

Listed on
May 24, 2017
Closed on
Jul 27, 2017
Sold by
Egan Thomas J
Bought by
Tonneson Richard S and Tonneson Joyce A
Seller's Agent
Nikki del Giudice
Farrell Realty & Property Management, Inc
Buyer's Agent
Nikki del Giudice
Farrell Realty & Property Management, Inc
List Price
$429,900
Sold Price
$420,000
Premium/Discount to List
-$9,900
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
Original Mortgage
$315,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2016
Sold by
Akil Balkis
Bought by
Egan Thomas J and Egan Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,050
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2000
Sold by
Akil Bashir A
Bought by
Akil Bashir A and Akil Balkis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,750
Interest Rate
8.22%
Source: Public Records

Range of Values:

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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
Tonneson Investment Properties Llc -- Accommodation/Courtesy Recordi
Tonneson Richard S $420,000 First American
Egan Thomas J $339,000 First American
Akil Bashir A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tonneson Richard S $249,000
Previous Owner Tonneson Richard S $315,000
Previous Owner Egan Thomas J $28,373
Previous Owner Egan Thomas J $322,050
Previous Owner Akil Bashir A $113,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2017 09/06/17 Sold $420,000 -2.3% $159 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $429,900 -- $163 / 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 $3,978 $150,110 $0 $0
2022 $3,892 $145,740 $0 $0
2021 $3,826 $141,500 $0 $0
2020 $3,510 $137,380 $0 $0
2019 $3,381 $133,380 $0 $0
2018 $3,281 $129,500 $0 $0
2017 $3,145 $125,730 $0 $0
2016 $2,878 $122,070 $0 $0
2015 $2,803 $118,520 $0 $0
2014 $2,760 $115,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nikki del Giudice

    Seller's Agent in 2017

    Nikki del Giudice

    Farrell Realty & Property Management, Inc

    (503) 750-4094

    16 in this area

    129 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17128241

Regional Multiple Listing Service (RMLS)

APN: R151384

Oregon Multnomah County Portland 97203 Saint Johns

7028 N Bank St, Portland, OR

This home is located at 7028 N Bank St, Portland, OR 97203 since 24 May 2017 and is currently estimated at $425,474, approximately $161 per square foot. This property was built in 2000. 7028 N Bank St is a home located in Multnomah County with nearby schools including James John Elementary School, George Middle School, and Roosevelt 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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