NOT LISTED FOR SALE

7423 SE Henry St Unit 7441 Portland, OR 97206

Mt Scott-Arleta Neighborhood

Estimated Value: $614,000 - $950,000

10 Beds
5 Baths
4,030 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 06, 2012

Last sale price $375,000 $93 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $5,456/month

431 Days on Market

Highlights

  • Security Gate
  • Level Lot
  • Wall Furnace
  • Storage
  • Wood Siding
  • 1-Story Property

About This Home

As of June 2012

Property consists of one duplex & one triplex in one of PDX's top up and coming real estate neighborhoods. Well cared for w/many upgrades inclding enrgy eff windows & sliders, new roof and paint in'07. Newer Grnd irrigation. Quality appliances, w/d hook-up, new flooring, heating units & cabinetry thru-out. Fenced yard w/ patio. H20 Submeters for each unit

Last Agent to Sell the Property

Kelly Calabria

Eleete Real Estate License #200505161 Listed on: 03/18/2011

Last Buyer's Agent

Kelly Stafford

Home Sweet Home Realty, LLC License #200702039

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,166

Year Built

  • Built in 1973

Lot Details

  • Level Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,030 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space
  • Security Gate

Parking

  • 5 Parking Spaces
  • Open Parking

Schools

  • Whitman Elementary School
  • Alice Ott Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R312189

Community Details

Overview

  • 5 Units
  • Mt Scott, Woodstock Subdivision

Building Details

  • Operating Expense $17,601
  • Gross Income $47,973
  • Net Operating Income $28,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,166

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1973
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No
  • Total Parking Spaces: 5.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: SecurityGate
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Whitman
  • High School: David Douglas
  • Middle Or Junior School: Alice Ott

Lot Info

  • Zoning: R25
  • Parcel #: R312189

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 6166.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 8.32
  • Annual Gross Income: 47973.0
  • Property Net Operating Income: 28080.0
  • Annual Operating Expense: 17601.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2011
Closed on
Jun 6, 2012
Sold by
Rosette Llc
Bought by
Lucky555 Llc
Seller's Agent
Kelly Calabria
Eleete Real Estate
Buyer's Agent
Kelly Stafford
Home Sweet Home Realty, LLC
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Total Days on Market
431
Current Estimated Value
$806,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,755
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Jul 14, 1998
Sold by
Covaciu Paul and Covaciu Florita
Bought by
Branch Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,258
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Lucky555 Llc $375,000 None Available
Branch Julia $225,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Branch Julia $144,258
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2012 06/06/12 Sold $375,000 -16.7% $93 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
03/17/2011 03/17/11 For Sale $450,000 -- $112 / 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 $11,392 $429,890 $0 $0
2022 $11,145 $417,370 $0 $0
2021 $10,956 $405,220 $0 $0
2020 $10,051 $393,420 $0 $0
2019 $9,681 $381,970 $0 $0
2018 $9,397 $370,850 $0 $0
2017 $9,006 $360,050 $0 $0
2016 $8,242 $349,570 $0 $0
2015 $8,026 $339,390 $0 $0
2014 $7,905 $329,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11105843

Regional Multiple Listing Service (RMLS)

APN: R312189