$465,000
SOLD APR 27, 2012

7201 SE Thorburn St Unit 7211 Portland, OR 97215

Mt Tabor Neighborhood
8 Beds
6 Baths
4,674 Sq Ft
10,672 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

7% Below List Price

70 Days on Market

Highlights

  • Fireplace
  • Storage
  • Garage
  • Views
  • Landscaped with Trees
  • Level Lot

About This Home

As of March 2013

Solid 4-plex in a desirable, easy to rent location. Property is professionally managed. Recent improvements include completely rebuilt decks, new carpet, interior paint and vinyl floors (in some of the units). Seller will consider owner carry.

Last Agent to Sell the Property

Matt Lesher

Corcoran Prime License #200107170 Listed on: 01/13/2012

Co-Listed By

Becky Jackson

Corcoran Prime License #860800195

Last Buyer's Agent

Michael Henrickson

Realty First License #970500078

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,946

Year Built

  • Built in 1971

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,946

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 4674
  • Stories: 2
  • Year Built: 1971
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, Slab
  • Legal Description: CUTHILL ADD, BLOCK 2, LOT 15&16
  • Storage: Garage(s), Locked

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • View: Mountain(s)
  • View: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Vestal
  • High School: Madison

Lot Info

  • Lot Description: Corner, Level, Sloped, Trees
  • Zoning: res

Tax Info

  • Tax Amount: 7138.57
  • Assessor Parcel Number: R143510

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.24

MLS Schools

  • Elementary School: Vestal
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2012
Closed on
Mar 19, 2013
Sold by
Khorasanchi Ahmad
Bought by
Okane James J
Seller's Agent
Ahmad Shaghafi
Pete Anderson Realty Group
Buyer's Agent
Hope Beraka
Think Real Estate
List Price
$565,000
Sold Price
$515,000
Premium/Discount to List
-$50,000
-8.85%
Total Days on Market
70
Current Estimated Value
$1,052,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,201
Avg. Annual Appreciation
6.58%
Original Mortgage
$497,811
Outstanding Balance
$357,701
Interest Rate
3.49%
Mortgage Type
FHA
Estimated Equity
$763,760

Purchase Details

Listed on
Jan 13, 2012
Closed on
Apr 24, 2012
Sold by
L Hanson Properties Llc
Bought by
Khorasanchi Ahmad
Seller's Agent
Matt Lesher
Corcoran Prime
Buyer's Agent
Michael Henrickson
Realty First
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%

Purchase Details

Closed on
Dec 19, 2002
Sold by
Hanson Louise E
Bought by
Hanson Neal R and Hanson Claudia J

Purchase Details

Closed on
Jun 4, 1996
Sold by
Cutler Robert H
Bought by
Hanson Louise E and Louise E Hanson Living Trust
Source: Public Records

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Range of Values:

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List 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 Type Sale Price Title Company
Warranty Deed $515,000 Lawyers Title
Warranty Deed $465,000 None Available
Interfamily Deed Transfer -- --
Warranty Deed $325,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $497,811 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2013 03/25/13 Sold $515,000 -8.8% $110 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
08/17/2012 08/17/12 For Sale $565,000 +21.5% $121 / Sq Ft
04/27/2012 04/27/12 Sold $465,000 -6.8% $99 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $499,000 -- $107 / 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 $14,946 $564,020 $0 $0
2022 $14,622 $547,600 $0 $0
2021 $14,375 $531,660 $0 $0
2020 $13,187 $516,180 $0 $0
2019 $12,702 $501,150 $0 $0
2018 $12,329 $486,560 $0 $0
2017 $11,816 $472,390 $0 $0
2016 $10,814 $458,640 $0 $0
2015 $10,530 $445,290 $0 $0
2014 -- $432,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12635259

Regional Multiple Listing Service (RMLS)

APN: R143510