NOT LISTED FOR SALE

7318 SW Capitol Hwy Unit 7318 Portland, OR 97219

Multnomah Neighborhood

Estimated Value: $292,818 - $319,000

2 Beds
1 Bath
828 Sq Ft
$190/mo HOA Fee

Last Sold June 06, 2023

Last sale price $350,000 $423 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,107/month

2 Days on Market

Highlights

  • Deck
  • Seasonal View
  • Covered Patio or Porch
  • Hayhurst Elementary School Rated 9+
  • Private Lot
  • 1 Car Attached Garage

About This Home

As of June 2023

Enjoy the best of both worlds in your privately-situated condo just two blocks to incredibly charming + vibrant Multnomah Village. This pristine condo provides two beds + one bath, a kitchen with stainless appliances, warm, wood cabinets, and ample counter space, plus a slider off the dining area out to your private deck. The covered front porch right next to your personal parking space provides protected entry and the attached garage completes the whole package. Updates include all new siding in 2014, pull-down ladder to attic storage in garage, new disposal, and new dishwasher. You can't get any better than the low maintenance, low HOAs, and low taxes in this location and at this price! A stone's throw to food carts, Marcos and Fat City Cafe, Yalla, Lucky Lab Pub, plus the Multnomah Arts Center, Gabriel Park and Rec Center, Hillsdale, public transportation, I-5, and so much more.

Last Agent to Sell the Property

Amber Turner

Think Real Estate License #200507324 Listed on: 05/05/2023

Last Buyer's Agent

Noah Fassell

Keller Williams PDX Central License #201236744

Keller Williams PDX Central

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,323

Year Built

  • Built in 1969

Lot Details

  • 1 Common Wall
  • Level Lot

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Seasonal
  • Territorial

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 828 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Built-In Range
  • Free-Standing Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Crawl Space

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Ground Level

Schools

  • Hayhurst Elementary School
  • Robert Gray Middle School
  • Ida B Wells High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number R500533

Community Details

Overview

  • Multnomah Heights Condominium Association, Phone Number (503) 830-6276
  • Multnomah Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,323

Year Built

Built in 1969

Lot Details

0

HOA Fees

$190 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1969
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: CommonWall, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumYardYN: No
  • Open House: No
  • CondominiumTotalLevels: 1
  • Special Features: None

Interior Features

  • Accessibility Features: GroundLevel, OneLevel
  • Total Bathrooms: 1.0
  • Interior Amenities: GarageDoorOpener, LaminateFlooring, TileFloor, WasherDryer
  • Basement: CrawlSpace, ExteriorEntry
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: BuiltinRange, Dishwasher, Disposal, FreeStandingRange, FreeStandingRefrigerator, Microwave, PlumbedForIceMaker
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 110
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room9 Area: 90
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Exterior Features: CoveredPatio, Deck
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, Private
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Seasonal,Territorial

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Attached
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: ExteriorMaintenance, Insurance, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 190.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Paul Mueller
  • CondominiumAssociationName: Multnomah Heights Condominium
  • CondominiumAssociationPhone: 503-830-6276
  • CondominiumAssociationURLYN: No

Schools

  • Elementary School: Hayhurst
  • High School: Ida B Wells
  • Middle Or Junior School: Robert Gray

Lot Info

  • Farm: No
  • Zoning: RM1
  • Parcel #: R500533

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3323.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 5, 2023
Sold by
Lanning Paul
Bought by
Kluttz Davin Brent
Seller's Agent
Amber Turner
Think Real Estate
Buyer's Agent
Noah Fassell
Keller Williams PDX Central
List Price
$319,900
Sold Price
$350,000
Premium/Discount to List
$30,100
9.41%
Views
69
Current Estimated Value
$306,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,795
Avg. Annual Appreciation
-6.59%
Original Mortgage
$280,000
Outstanding Balance
$272,810
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$26,167

Purchase Details

Closed on
Feb 10, 2006
Sold by
Policar David L
Bought by
Lanning Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,500
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 12, 2004
Sold by
Kim Eun Sook and Morey Eun Sook
Bought by
Policar David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2001
Sold by
Policar Martin J and Policar Iris
Bought by
Morey Eun Sook
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kluttz Davin Brent $350,000 First American Title
Lanning Paul $192,000 Fidelity Natl Title Co Of Or
Policar David L $120,000 Stewart
Morey Eun Sook $93,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kluttz Davin Brent $280,000
Previous Owner Lanning Paul $50,500
Previous Owner Policar David L $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $350,000 +9.4% $423 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $319,900 -- $386 / 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 $3,532 $132,150 -- $132,150
2023 $3,532 $128,310 $0 $128,310
2022 $3,323 $124,580 $0 $0
2021 $3,267 $120,960 $0 $0
2020 $2,997 $117,440 $0 $0
2019 $2,887 $114,020 $0 $0
2018 $2,802 $110,700 $0 $0
2017 $2,686 $107,480 $0 $0
2016 $2,458 $104,350 $0 $0
2015 $2,393 $101,320 $0 $0
2014 $2,037 $98,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23404052

Regional Multiple Listing Service (RMLS)

APN: R500533