NOT LISTED FOR SALE

7029 N Tyler Ave Unit 7031 Portland, OR 97203

Cathedral Park Neighborhood

Estimated Value: $747,000 - $840,000

4 Beds
2 Baths
4,373 Sq Ft
$181/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $724,800 $166 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,578/month

3 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Lap Siding
  • Cooling System Mounted In Outer Wall Opening
  • Laundry Facilities

About This Home

As of October 2023

Light & Bright main floor in St John's triplex. Quiet corner lot with plenty of street parking and storage. Walking distance to Safeway, McMenamins, and downtown St John's.

Last Agent to Sell the Property

Theresa deSousa + Brian Spear

Opt License #200312221 Listed on: 09/08/2023

Opt

Co-Listed By

Brian Porter

Opt License #200305174

Last Buyer's Agent

Matthew Murray

The Broker Network, LLC License #201205879

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,599

Year Built

  • Built in 1905

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Composition Roof
  • Lap Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,373 Sq Ft Home
  • 3-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R263945

Community Details

Overview

  • 3 Units
  • Cathedral Park/St. Johns Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $23,293
  • Gross Income $64,080
  • Net Operating Income $40,787

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,599

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1905
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, StorageSpace
  • Storage: Basement,IndividualStorageUnits
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding,ShingleSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tank
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

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

Lot Info

  • Zoning: R5
  • Parcel #: R263945

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4599.46

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 11.39
  • Annual Gross Income: 64080.0
  • Property Net Operating Income: 40787.0
  • Annual Operating Expense: 23293.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Sep 13, 2023
Sold by
Schroeder Jill and Brewer Dean
Bought by
Risch Ralph and Risch Amy
Seller's Agent
Theresa deSousa + Brian Spear
Opt
Buyer's Agent
Matthew Murray
The Broker Network, LLC
List Price
$729,900
Sold Price
$724,800
Premium/Discount to List
-$5,100
-0.7%
Views
40
Current Estimated Value
$789,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,058
Avg. Annual Appreciation
3.98%
Original Mortgage
$543,600
Outstanding Balance
$532,911
Interest Rate
7.12%
Mortgage Type
Construction
Estimated Equity
$248,218

Purchase Details

Closed on
Jul 19, 2013
Sold by
Schroeder Jill
Bought by
Schroeder Jill and Brewer Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,900
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2013
Sold by
Tyler & Princeton Llc
Bought by
Brewer Dean E and Schroeder Jill M

Purchase Details

Closed on
Nov 5, 2008
Sold by
Brewer Dean E
Bought by
Tyler & Princeton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 2008
Sold by
Tyler & Princeton Llc
Bought by
Brewer Dean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 2008
Sold by
Brewer Dean E
Bought by
Tyler & Princeton Llc

Purchase Details

Closed on
Oct 24, 2005
Sold by
Advantage Equities Llc 4004
Bought by
Brewer Dean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 5, 2005
Sold by
Otey Gay and Otey Gay G
Bought by
Advantage Equities Llc

Purchase Details

Closed on
Nov 2, 1995
Sold by
Krebs Orville and Krebs Dorothy
Bought by
Otey Gay G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
7.58%
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
Risch Ralph $724,800 First American Title
Schroeder Jill -- Lawyers Title
Brewer Dean E -- None Available
Tyler & Princeton Llc -- None Available
Brewer Dean E -- None Available
Tyler & Princeton Llc -- None Available
Brewer Dean E $196,445 Pacific Nw Title
Advantage Equities Llc -- --
Otey Gay G $124,900 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Risch Ralph $543,600
Previous Owner Schroeder Jill $267,900
Previous Owner Brewer Dean E $280,000
Previous Owner Brewer Dean E $137,500
Previous Owner Brewer Dean E $39,250
Previous Owner Otey Gay G $172,000
Previous Owner Otey Gay G $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Off Market $2,300 -- --
04/28/2025 04/28/25 For Rent $2,300 0.0% --
10/24/2023 10/24/23 Sold $724,800 -0.7% $166 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $729,900 -- $167 / 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 $4,889 $182,730 -- --
2023 $4,701 $177,410 $0 $0
2022 $4,599 $172,250 $0 $0
2021 $4,522 $167,240 $0 $0
2020 $4,148 $162,370 $0 $0
2019 $3,996 $157,650 $0 $0
2018 $3,878 $153,060 $0 $0
2017 $3,717 $148,610 $0 $0
2016 $3,402 $144,290 $0 $0
2015 $3,313 $140,090 $0 $0
2014 $3,263 $136,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23459457

Regional Multiple Listing Service (RMLS)

APN: R263945