NOT LISTED FOR SALE

7420 SE Steele St Unit 7422 Portland, OR 97206

Mount Scott-Arleta Neighborhood

Estimated Value: $447,000 - $573,000

4 Beds
2 Baths
1,588 Sq Ft
$319/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $239,500 $151 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,154/month

1 Day on Market

About This Home

As of November 2015

Great income property opportunity in SE portland. Two units, both with two bedrooms and one bathroom. Walk score of 87, close to Mt Scott Park & Mt Scott Community center, restaurants, Woodstock shopping and transit.

Last Agent to Sell the Property

Michael O'Meara

eXp Realty, LLC License #200501149 Listed on: 07/30/2015

eXp Realty, LLC

Co-Listed By

Brett Myers

Pellego, LLC License #201105110

Last Buyer's Agent

Melita Coyle

eXp Realty, LLC License #201211832

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,504

Year Built

  • Built in 1966

Lot Details

  • 5,009

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Lap Siding

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,504

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: HALLER ADD, BLOCK 2 TL 10600

Exterior Features

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

Garage/Parking

  • Parking Description: Paved

Utilities

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

Lot Info

  • Lot Description: Level
  • Zoning: Res

Tax Info

  • Tax Amount: 3358.29
  • Assessor Parcel Number: R174941

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2015
Closed on
Nov 2, 2015
Sold by
Edwards Sherry Lynn
Bought by
Bean Andrew Douglas
Seller's Agent
Michael O'Meara
eXp Realty, LLC
Buyer's Agent
Melita Coyle
eXp Realty, LLC
List Price
$249,000
Sold Price
$239,500
Premium/Discount to List
-$9,500
-3.82%
Current Estimated Value
$506,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,956
Avg. Annual Appreciation
7.85%
Original Mortgage
$191,600
Outstanding Balance
$115,312
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$391,144

Purchase Details

Closed on
Sep 10, 2015
Sold by
Whelan Deanna Lynn
Bought by
Edwards Sherry Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,600
Outstanding Balance
$115,312
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$391,144

Purchase Details

Closed on
Jan 31, 2006
Sold by
Edwards Sherry Lynn
Bought by
Edwards Sherry Lynn and Whelan Deanna Lynn
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
Bean Andrew Douglas $239,500 Ticor Title
Edwards Sherry Lynn -- Ticor Title
Edwards Sherry Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bean Andrew Douglas $191,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2015 11/13/15 Sold $239,500 -3.8% $151 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $249,000 -- $157 / 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 $5,504 $205,700 -- --
2023 $5,292 $199,710 $0 $0
2022 $5,178 $193,900 $0 $0
2021 $5,090 $188,260 $0 $0
2020 $4,669 $182,780 $0 $0
2019 $4,498 $177,460 $0 $0
2018 $4,366 $172,300 $0 $0
2017 $4,184 $167,290 $0 $0
2016 $3,829 $162,420 $0 $0
2015 $3,504 $157,690 $0 $0
2014 $3,358 $153,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael O'Meara

    Seller's Agent in 2015

    Michael O'Meara

    eXp Realty, LLC

    (503) 444-8780

    67 Total Sales

    Michael O'Meara
    Section Image
  • Brett Myers

    Seller Co-Listing Agent in 2015

    Brett Myers

    Pellego, LLC

    (503) 475-0599

    35 Total Sales

    Brett Myers
    Section Image

  • M

    Buyer's Agent in 2015

    Melita Coyle

    eXp Realty, LLC

    (971) 409-5903

    33 Total Sales

    Melita Coyle
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15280266

Regional Multiple Listing Service (RMLS)

APN: R174941

Oregon Multnomah County Portland 97206 Mount Scott-Arleta

7420 SE Steele St Unit 7422, Portland, OR

This home is located at 7420 SE Steele St Unit 7422, Portland, OR 97206 since 30 July 2015 and is currently estimated at $506,456, approximately $318 per square foot. This property was built in 1966. 7420 SE Steele St Unit 7422 is a home located in Multnomah County with nearby schools including Marysville Elementary School, Franklin High School, and Mt. Scott Park Center for Learning.

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.

Nearby Homes