NOT LISTED FOR SALE

7045 SW Newton Place Portland, OR 97225

Estimated Value: $1,222,000 - $2,175,000

4 Beds
4 Baths
4,715 Sq Ft
$393/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $1,690,000 $358 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,815/month

1 Day on Market

Highlights

  • Outdoor Fireplace
  • Private Yard
  • Attached Garage
  • Wood Flooring
  • Covered patio or porch
  • Views

About This Home

As of January 2021

Top-to-bottom restored estate on nearly a 1/2-acre of pristine landscaping. 4,715 sqft plan on 3 levels w/4 beds+bonus/play(on 1 level),3.5 bath & office.Chef kitchen w/premium appliances & open to living/dining. Entertain in lower level media room w/temp-control wine cellar & wet bar or outside on cov-patio overlooking bocce ball ct & firepit.Crestron system controls audio, lighting & security.Top-rated schools & near Hi-tech corridor

Last Agent to Sell the Property

Declan O'Connor

Cascade Hasson Sotheby's International Realty License #200411161 Listed on: 12/14/2020

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Annie Smith

Eleete Real Estate License #200506301

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,549

Year Built

  • Built in 1939

Lot Details

  • Level Lot
  • Sprinkler System
  • Private Yard

Parking

  • Attached Garage
  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Finished Basement
  • Partial Basement
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,549

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Traditional, NW Contemporary
  • Sq Ft Calculated: 3625
  • Sq Ft Approximate Total: 4715
  • Stories: 3
  • Year Built: 1939
  • Property Condition: Resale
  • Remarks Public: Top-to-bottom restored estate on nearly a 1/2-acre of pristine landscaping. 4,715 sqft plan on 3 levels w/4 beds+bonus/play(on 1 level),3.5 bath & office.Chef kitchen w/premium appliances & open to living/dining. Entertain in lower level media room w/temp-control wine cellar & wet bar or outside on cov-patio overlooking bocce ball ct & firepit.Crestron system controls audio, lighting & security.Top-rated schools & near Hi-tech corridor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Room Features: Built-in Features, Hardwood Floors
  • Additional Rooms: Den, Wine Cellar
  • All Room Features: Built-in Features, Eat Bar, Fireplace, Formal, Hardwood Floors, Island, Nook, Sliding Doors, Suite, Walk in Closet, Closet
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 3.1
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry, Wall to Wall Carpet
  • Kitchen Appliances: Microwave, Built-in Range, Built-in Refrigerator, Dishwasher, Disposal, Gas Appliances, Island, Tile, Built-in Oven, Free-Standing Range
  • Legal Description: BEAUX ARBRES, LOT PTS 26-27, ACRES .46
  • Sq Ft Lower Level: 1090
  • Sq Ft Main Level: 1851
  • Upper Level Sq Ft: 1774
  • Bedrooms: 4
  • Master Bedroom: Features: Built-in Features, Suite, Walk in Closet,On Level: Upper,Dimensions: 15x14
  • Bedroom 2: On Level: Upper,Dimensions: 14x11
  • Bedroom 3: On Level: Upper,Dimensions: 15x11
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Basement: Finished, Partial Basement
  • Dining Room: Features: Formal, Hardwood Floors,On Level: Main,Dimensions: 15x14
  • Family Room: Features: Built-in Features, Hardwood Floors, Sliding Doors,On Level: Main,Dimensions: 16x13
  • Living Room: Features: Built-in Features, Fireplace, Hardwood Floors,On Level: Main,Dimensions: 26x15
  • Kitchen: Features: Eat Bar, Island, Nook,On Level: Main,Dimensions: 18x15
  • Additional Room 1: Description: Den,Features: Built-in Features, Hardwood Floors,On Level: Main,Dimensions: 14x10
  • Additional Room 2: Description: Wine Cellar,Features: Built-in Features,On Level: Lower
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 4
  • Bathrooms Upper Level Full: 2

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Covered Patio, Patio, Sprinkler, Outdoor Fireplace, Yard
  • Lot Size: 15K-19,999SF
  • Roof Type: Composition
  • View: Mountain(s), Valley
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Garage Type: Attached
  • Parking Description: Driveway

Utilities

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

Schools

  • Elementary School: Raleigh Hills
  • Middle School: Whitford
  • High School: Beaverton

Lot Info

  • Lot Description: Level
  • Acres: 0.46

Tax Info

  • Tax Amount: 12930.80
  • Assessor Parcel Number: R0094043
  • Tax Year: 2019

MLS Schools

  • Elementary School: Raleigh Hills
  • High School: Beaverton
  • Middle School: Whitford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2021
Sold by
Morrison Justin M
Bought by
Morrison Justin M
Current Estimated Value
$1,889,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$225,686
Interest Rate
2.99%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,663,464

Purchase Details

Closed on
Jan 22, 2020
Sold by
Mcgehee Christophere J and Mcgehee Kristine
Bought by
Morrison Justin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,352,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2018
Sold by
Mcgehee Christopher J and Mcgehee Kristine K
Bought by
Mcgehee Christopher J and Mcgehee Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 2, 2018
Sold by
Ks Urban Properties And Management Llc
Bought by
Mcgehee Kristine R and Mcgehee Christopher J

Purchase Details

Closed on
Jul 25, 2016
Sold by
K-5 Urban Properties & Management Llc
Bought by
K-5 Urban Properties & Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,625
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2016
Sold by
Lowes Amy W
Bought by
K & 5 Urban Properties & Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,625
Interest Rate
3.54%
Mortgage Type
Commercial
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
Morrison Justin M -- Wfg Lender Services
Morrison Justin M $1,690,000 First American
Mcgehee Christopher J -- First American Title
Mcgehee Kristine R -- Accommodation
Mcgenee Kristine R -- First American Title
K-5 Urban Properties & Management Llc -- Accommodation
K & 5 Urban Properties & Management Llc $1,235,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Justin M $250,000
Previous Owner Morrison Justin M $1,352,000
Previous Owner Mcgehee Christopher J $950,000
Previous Owner K5 Urban Properties & Management Llc $926,625
Previous Owner K & 5 Urban Properties & Management Llc $926,625
Previous Owner Lowe Gregory M $291,800
Previous Owner Lowes Gregory M $300,000
Previous Owner Lowes Gregory M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $1,690,000 -6.1% $358 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $1,800,000 -- $382 / 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
2025 $16,549 $913,850 -- --
2024 $15,540 $887,240 -- --
2023 $15,540 $861,400 $0 $0
2022 $15,037 $861,400 $0 $0
2021 $14,495 $811,970 $0 $0
2020 $13,367 $749,590 $0 $0
2019 $12,931 $727,760 $0 $0
2018 $11,310 $638,900 $0 $0
2017 $10,352 $588,920 $0 $0
2016 $12,470 $713,070 $0 $0
2015 $11,995 $692,310 $0 $0
2014 $11,772 $672,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20405332

Regional Multiple Listing Service (RMLS)

APN: R0094043