NOT LISTED FOR SALE

7102 SE Terrace Trails Dr Portland, OR 97266

Lents Neighborhood

Estimated Value: $541,000 - $609,000

5 Beds
5 Baths
2,200 Sq Ft
$254/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $514,000 $234 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,591/month

Highlights

  • Corner Lot
  • Parking Storage or Cabinetry
  • Gentle Sloping Lot
  • Attached Garage
  • High Speed Internet
  • 1-minute walk to PlayHaven Park

About This Home

As of June 2021

100% occupancy. Great cashflow duplex near Mt Scott/Powell Butte area. Set on a corner lot with each side having its own garage and private fenced back yard. One unit 3bed/2.5ba/2car. 2nd unit 2bed/1.5ba/1car. Newer 3 year old roof. Great rental history always professionally managed. Minutes to 205/Lents/Eastport Plaza. Seller in 1031, replacement already in contract. Call for more financials

Last Agent to Sell the Property

Steve Roesch

NextHome Realty Connection License #980900045 Listed on: 05/14/2021

NextHome Realty Connection

Last Buyer's Agent

Tim Phommany

Keller Williams Premier Partners License #200203258

Keller Williams Premier Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,353

Year Built

  • Built in 1998

Lot Details

  • Corner Lot
  • Gentle Sloping Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,353

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2200
  • Stories: 2
  • Year Built: 1998
  • Property Condition: Approximately
  • Remarks Public: 100% occupancy. Great cashflow duplex near Mt Scott/Powell Butte area. Set on a corner lot with each side having its own garage and private fenced back yard. One unit 3bed/2.5ba/2car. 2nd unit 2bed/1.5ba/1car. Newer 3 year old roof. Great rental history always professionally managed. Minutes to 205/Lents/Eastport Plaza. Seller in 1031, replacement already in contract. Call for more financials
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TERRACE TRAILS, LOT 25
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Cable, Wireless
  • Security: None

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Gilbert Park
  • Middle School: Alice Ott
  • High School: David Douglas

Lot Info

  • Lot Description: Corner Lot, Gentle Sloping
  • Zoning: R7

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 5940.86
  • Assessor Parcel Number: R284992
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.21

MLS Schools

  • Elementary School: Gilbert Park
  • High School: David Douglas
  • Middle School: Alice Ott

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 16, 2021
Sold by
Mundell Mark Lavis and Mundell Deborah Jean
Bought by
Khamphilavong Sam and Khamphilavong Malai
Seller's Agent
Steve Roesch
NextHome Realty Connection
Buyer's Agent
Tim Phommany
Keller Williams Premier Partners
List Price
$499,000
Sold Price
$514,000
Premium/Discount to List
$15,000
3.01%
Current Estimated Value
$559,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,518
Avg. Annual Appreciation
1.99%
Original Mortgage
$334,100
Outstanding Balance
$302,486
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$257,032

Purchase Details

Listed on
Nov 20, 2012
Closed on
Feb 25, 2013
Sold by
Nguyen Giang
Bought by
Mundell Mark Lavis and Mundell Deborah Jean
Seller's Agent
Dill Ward
eXp Realty, LLC
Buyer's Agent
Dill Ward
eXp Realty, LLC
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$157,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2007
Sold by
Hulse Earl W
Bought by
Nguyen Giang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,750
Interest Rate
6.2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 14, 2006
Sold by
Wise Harold
Bought by
Hulse Earl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2001
Sold by
Concept Construction Inc
Bought by
Shamrai John

Purchase Details

Closed on
Apr 10, 1998
Sold by
Ostercraft Inc
Bought by
Wise Harold and Wise Cathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 1997
Sold by
Cypress Ventures Inc
Bought by
Ostercraft Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.98%
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
Khamphilavong Sam $514,000 Wfg Title
Mundell Mark Lavis $210,000 Chicago Title Company Oregon
Nguyen Giang $349,000 Ticor Title Insurance Compan
Hulse Earl W $335,000 Transnation Title Agency Or
Shamrai John $55,000 Ticor Title Insurance Compan
Wise Harold $209,300 Ticor Title Insurance
Ostercraft Inc $54,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khamphilavong Sam $334,100
Previous Owner Mundell Mark Lavis $157,500
Previous Owner Nguyen Giang $261,750
Previous Owner Hulse Earl W $251,250
Previous Owner Wise Harold $167,400
Previous Owner Ostercraft Inc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2021 06/17/21 Sold $514,000 +3.0% $234 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $499,000 +137.6% $227 / Sq Ft
03/08/2013 03/08/13 Sold $210,000 -6.7% $99 / Sq Ft View Prior Sale
02/28/2013 02/28/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $225,000 -- $106 / 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 $7,353 $308,230 -- --
2023 $7,034 $299,260 $0 $0
2022 $6,667 $290,550 $0 $0
2021 $6,558 $282,090 $0 $0
2020 $5,941 $273,880 $0 $0
2019 $5,752 $265,910 $0 $0
2018 $5,575 $258,170 $0 $0
2017 $5,183 $250,660 $0 $0
2016 $4,905 $243,360 $0 $0
2015 $4,301 $236,280 $0 $0
2014 $4,210 $229,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Roesch

    Seller's Agent in 2021

    Steve Roesch

    NextHome Realty Connection

    (503) 318-6351

    1 in this area

    132 Total Sales

    Steve Roesch
    Section Image
  • Tim Phommany

    Buyer's Agent in 2021

    Tim Phommany

    Keller Williams Premier Partners

    (503) 896-8861

    1 in this area

    62 Total Sales

    Tim Phommany
    Section Image
  • Dill Ward

    Seller's Agent in 2013

    Dill Ward

    eXp Realty, LLC

    (503) 278-9697

    1 in this area

    212 Total Sales

    Dill Ward
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21665224

Regional Multiple Listing Service (RMLS)

APN: R284992

Oregon Multnomah County Portland 97266 Lents

7102 SE Terrace Trails Dr, Portland, OR

This home is located at 7102 SE Terrace Trails Dr, Portland, OR 97266 since 14 May 2021 and is currently estimated at $559,518, approximately $254 per square foot. This property was built in 1998. 7102 SE Terrace Trails Dr is a home located in Multnomah County with nearby schools including Gilbert Park Elementary School, Alice Ott Middle School, and David Douglas 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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