NOT LISTED FOR SALE

706 SE 47th Ave Unit 710 Portland, OR 97215

Sunnyside Neighborhood

Estimated Value: $579,000 - $676,000

4 Beds
2 Baths
1,560 Sq Ft
$394/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $505,000 $324 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,833/month

5 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • Level Lot
  • Glencoe Elementary School Rated A-
  • Washer and Dryer
  • Lap Siding

About This Home

As of May 2019

Well maintained mid-century style duplex in Sunnyside/Belmont. Built-As, single level units w/all the amenities that renters love. Off-Street Parking, Private Yards w/Storage Sheds, W/D in each unit. Close to public transportation, shops & restaurants on Belmont & Hawthorne. Quiet residential street. Close to Mt. Tabor Park & Laurelhurst Park. One unit vacating 4-30, ideal for owner-occupant. Owners are licensed RE Brokers in OR & CA.

Last Agent to Sell the Property

Kathy Rogers

Township Properties License #200012037 Listed on: 04/01/2019

Co-Listed By

Marc Rogers

Township Properties License #910700060

Last Buyer's Agent

Sarita Dua

Keller Williams Sunset Corridor License #200307018

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,911

Year Built

  • Built in 1971

Lot Details

  • 5,009

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer
  • Wood Flooring
  • Crawl Space

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,911

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1560
  • Stories: 1
  • Year Built: 1971
  • Remarks Public: Well maintained mid-century style duplex in Sunnyside/Belmont. Built-As, single level units w/all the amenities that renters love. Off-Street Parking, Private Yards w/Storage Sheds, W/D in each unit. Close to public transportation, shops & restaurants on Belmont & Hawthorne. Quiet residential street. Close to Mt. Tabor Park & Laurelhurst Park. One unit vacating 4-30, ideal for owner-occupant. Owners are licensed RE Brokers in OR & CA.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: EAST PARADISE SPR, WLY 100' OF S 1/2 OF LOT 5
  • Basement: Crawl Space
  • Storage: Attached, Individual Storage Units

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Refrigerator, Storage, Washer/Dryer Hookup, Washer/Dryer

Schools

  • Elementary School: Glencoe
  • Middle School: Mt Tabor
  • High School: Franklin

Lot Info

  • Lot Description: Level
  • Zoning: R 2.5

Rental Info

  • Rent Includes: Trash Collection, Sewer

Tax Info

  • Tax Amount: 4494.38
  • Assessor Parcel Number: R149811
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.25

MLS Schools

  • Elementary School: Glencoe
  • High School: Franklin
  • Middle School: Mt Tabor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
May 9, 2019
Sold by
Schaffer David M and Schaffer Patricia I
Bought by
Wang Michael and Goubran Wang Alexis
Seller's Agent
Kathy Rogers
Township Properties
Buyer's Agent
Sarita Dua
Keller Williams Sunset Corridor
List Price
$499,500
Sold Price
$505,000
Premium/Discount to List
$5,500
1.1%
Current Estimated Value
$614,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,152
Avg. Annual Appreciation
3.15%
Original Mortgage
$375,000
Outstanding Balance
$329,048
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$285,104

Purchase Details

Listed on
Apr 1, 2019
Closed on
May 8, 2019
Sold by
Schaffer David M and Schaffer Patricia I
Bought by
Wang Michael and Goubran Wang Alexis
Seller's Agent
Kathy Rogers
Township Properties
Buyer's Agent
Sarita Dua
Keller Williams Sunset Corridor
List Price
$499,500
Sold Price
$505,000
Premium/Discount to List
$5,500
1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$329,048
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$285,104

Purchase Details

Closed on
May 7, 2013
Sold by
Schaffer David M
Bought by
Schaffer David M and Schaffer Patricia I

Purchase Details

Closed on
Jul 18, 2012
Sold by
Schaffer David M
Bought by
Schaffer David M and Schaffer Patricia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,500
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2010
Sold by
Schaffer David M
Bought by
Schaffer David M and Schaffer Patricia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2010
Sold by
Schaffer David M
Bought by
Schaffer David M and Schaffer Patricia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2008
Sold by
Schaffer David M and Schaffer Patricia I
Bought by
Schaffer David M and Schaffer Patricia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2008
Sold by
Schaffer Emily M
Bought by
Schaffer David M and Schaffer Patricia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2004
Sold by
Decourcey Denis
Bought by
Schaffer David M and Schaffer Patricia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Wang Michael $505,000 First American
Wang Michael $505,000 First American Title
Schaffer David M -- None Available
Schaffer David M -- Fidelity Natl Title Co Of Or
Schaffer David M -- None Available
Schaffer David M -- Fidelity Natl Title Co Of Or
Schaffer David M -- Ticor Title Insurance Co
Schaffer David M -- Ticor Title
Schaffer David M $204,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Michael $375,000
Previous Owner Schaffer David M $209,500
Previous Owner Schaffer David M $207,000
Previous Owner Schaffer David M $210,000
Previous Owner Schaffer David M $163,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2019 05/14/19 Sold $505,000 +1.1% $324 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $499,500 -- $320 / 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 $5,911 $220,940 -- --
2023 $5,684 $214,510 $0 $0
2022 $5,561 $208,270 $0 $0
2021 $5,467 $202,210 $0 $0
2020 $5,016 $196,330 $0 $0
2019 $4,831 $190,620 $0 $0
2018 $4,689 $185,070 $0 $0
2017 $4,494 $179,680 $0 $0
2016 $4,113 $174,450 $0 $0
2015 $4,005 $169,370 $0 $0
2014 $3,945 $164,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19642358

Regional Multiple Listing Service (RMLS)

APN: R149811