NOT LISTED FOR SALE

7311 N Willamette Blvd Portland, OR 97203

Cathedral Park Neighborhood

Estimated Value: $613,000 - $828,000

0.14 Acre
$4,998,821 Price per Acre
6,098 Sq Ft Lot

Last Sold January 12, 2024

Last sale price $650,000 $238 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,045/month

15 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • No Heating

About This Lot

As of January 2024

Development opportunity in South St. John's and zoned R5. Lot Line Adjustment to create two 6,000sf lots possible(this listing is one of two lots - Buyer to do own due diligence). Lot offers ample space for potential development and is situated on a corner, providing multiple access points and visibility. R5 zoning allows for various residential options, making it suitable for both individual homeowners and developers. Its location offers proximity to urban amenities, public transportation, and local services. Zoning versatility, corner positioning, and the opportunity to create a residential space.

Last Agent to Sell the Property

Patrick Clark

Inhabit Real Estate License #200303117 Listed on: 11/21/2023

Co-Listed By

Morgan Cox

MORE Realty License #201207106

Last Buyer's Agent

Gary Whitehill-Baziuk

RE/MAX Equity Group License #900400077

RE/MAX Equity Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,861

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned R5

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R272858

Property Details

Property Type

Land

Est. Annual Taxes

$3,861

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: ResidentialRecreational
  • Property Attached Yn: No
  • CropLandLeaseYN: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • Waterfront: No
  • View: No
  • Lot Features: Cleared, CornerLot
  • Road Surface Type: Paved
  • Other Structures: None

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: R5
  • Present Use: Residential
  • Land Description: Level
  • Lot Size Acres: 0.14
  • Lot Size: 6497sf
  • Lot Size Sq Ft: 6098.0
  • Parcel #: R272858

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3860.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Jan 5, 2024
Sold by
Myers Jason
Bought by
Portland Houseworks Llc
Seller's Agent
Patrick Clark
Inhabit Real Estate
Buyer's Agent
Gary Whitehill-Baziuk
RE/MAX Equity Group
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Views
20
Current Estimated Value
$699,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,835
Avg. Annual Appreciation
4.39%
Original Mortgage
$450,000
Outstanding Balance
$442,125
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$257,710

Purchase Details

Listed on
Apr 2, 2021
Closed on
Apr 27, 2021
Sold by
Abbott Wayne Warren
Bought by
Myers Jason
Seller's Agent
Lizbeth Hale
Tree City Real Estate
Buyer's Agent
Morgan Cox
MORE Realty
List Price
$699,900
Sold Price
$710,000
Premium/Discount to List
$10,100
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.21%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Portland Houseworks Llc $650,000 Fidelity National Title
Myers Jason $710,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portland Houseworks Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $650,000 -6.5% $238 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $695,000 -2.1% $254 / Sq Ft
04/28/2021 04/28/21 Sold $710,000 +1.4% $220 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $699,900 -- $217 / 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 $4,015 $150,060 $150,060 --
2023 $4,015 $145,690 $145,690 $0
2022 $6,919 $259,130 $0 $0
2021 $6,802 $251,590 $0 $0
2020 $5,661 $244,270 $0 $0
2019 $5,453 $237,160 $0 $0
2018 $5,293 $230,260 $0 $0
2017 $5,073 $223,560 $0 $0
2016 $4,642 $196,890 $0 $0
2015 $4,520 $191,160 $0 $0
2014 $4,452 $185,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Clark

    Seller's Agent in 2024

    Patrick Clark

    Inhabit Real Estate

    (503) 789-1699

    1 in this area

    161 Total Sales

    Patrick Clark
    Section Image
  • Morgan Cox

    Seller Co-Listing Agent in 2024

    Morgan Cox

    MORE Realty

    2 in this area

    14 Total Sales

    Morgan Cox
    Section Image
  • Gary Whitehill-Baziuk

    Buyer's Agent in 2024

    Gary Whitehill-Baziuk

    RE/MAX

    (503) 516-8369

    1 in this area

    29 Total Sales

    Gary Whitehill-Baziuk
    Section Image
  • Lizbeth Hale

    Seller's Agent in 2021

    Lizbeth Hale

    Tree City Real Estate

    (503) 757-1869

    1 in this area

    110 Total Sales

    Lizbeth Hale
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23694792

Regional Multiple Listing Service (RMLS)

APN: R272858

Oregon Multnomah County Portland 97203 Cathedral Park

7311 N Willamette Blvd, Portland, OR

This home is located at 7311 N Willamette Blvd, Portland, OR 97203 since 21 November 2023 and is currently estimated at $699,835, approximately $256 per square foot. 7311 N Willamette Blvd is a home located in Multnomah County with nearby schools including James John Elementary School, George Middle School, and Roosevelt High School.

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