NOT LISTED FOR SALE

7031 N New York Ave Portland, OR 97203

Cathedral Park Neighborhood

Estimated Value: $644,000 - $707,000

3 Beds
4 Baths
2,756 Sq Ft
$244/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $650,000 $236 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,157/month

2 Days on Market

About This Home

As of July 2021

Nicely maintained four plex in the St. John's neighborhood. Beautiful building constructed in 1915. Lots of character and charm. Corner lot. Mix of 3 1BR/1BA units and one studio. Common interior entrance to each unit. New sewer installed (June 2021). New roof (2017). New siding and paint (2019).

Last Agent to Sell the Property

Bill Gaffney

Change Realty, LLC License #200305133 Listed on: 06/14/2021

Last Buyer's Agent

Melissa Dorman

Living Room Realty License #201222278

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,788

Year Built

  • Built in 1915

Lot Details

  • Corner Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Range

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes gas, trash collection, heat, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,788

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2756
  • Stories: 2
  • Year Built: 1915
  • Property Condition: Existing
  • Remarks Public: Nicely maintained four plex in the St. John's neighborhood. Beautiful building constructed in 1915. Lots of character and charm. Corner lot. Mix of 3 1BR/1BA units and one studio. Common interior entrance to each unit. New sewer installed (June 2021). New roof (2017). New siding and paint (2019).
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: JAMES JOHNS ADD, BLOCK 33, SELY 1/2 OF LOT 4
  • Basement: Full Basement, Unfinished
  • Storage: Basement

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Corner Lot
  • Zoning: R5

Rental Info

  • Rent Includes: Gas, Trash Collection, Heat, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 4910.69
  • Assessor Parcel Number: R191957
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 14, 2021
Sold by
Stanfill Properties Llc
Bought by
Vollono Christopher
Seller's Agent
Bill Gaffney
Change Realty, LLC
Buyer's Agent
Melissa Dorman
Living Room Realty
List Price
$600,000
Sold Price
$650,000
Premium/Discount to List
$50,000
8.33%
Current Estimated Value
$671,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,187
Avg. Annual Appreciation
0.86%
Original Mortgage
$617,500
Outstanding Balance
$562,709
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$110,372
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
Vollono Christopher $650,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vollono Christopher $617,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $650,000 +8.3% $236 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $600,000 -- $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
2023 $5,788 $210,020 $0 $0
2022 $5,445 $203,910 $0 $0
2021 $5,353 $197,980 $0 $0
2020 $4,911 $192,220 $0 $0
2019 $4,730 $186,630 $0 $0
2018 $4,591 $181,200 $0 $0
2017 $4,401 $175,930 $0 $0
2016 $4,027 $170,810 $0 $0
2015 $3,922 $165,840 $0 $0
2014 $3,862 $161,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Gaffney

    Seller's Agent in 2021

    Bill Gaffney

    Change Realty, LLC

    (503) 310-6775

    3 in this area

    171 Total Sales

    Section Image
  • Melissa Dorman

    Buyer's Agent in 2021

    Melissa Dorman

    Living Room Realty

    (562) 355-8593

    3 in this area

    212 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21563599

Regional Multiple Listing Service (RMLS)

APN: R191957

Oregon Multnomah County Portland 97203 Cathedral Park

7031 N New York Ave, Portland, OR

This home is located at 7031 N New York Ave, Portland, OR 97203 since 14 June 2021 and is currently estimated at $673,081, approximately $244 per square foot. This property was built in 1915. 7031 N New York Ave 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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