NOT LISTED FOR SALE

7437 SE Center St Unit 7439 Portland, OR 97206

Foster-Powell Neighborhood

Estimated Value: $509,000 - $1,091,798

12 Beds
8 Baths
5,216 Sq Ft
$132/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $822,000 $158 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $4,374/month

29 Days on Market

Highlights

  • Wood Flooring
  • Parking Storage or Cabinetry
  • 1-Story Property
  • Attached Garage
  • Level Lot
  • 3-minute walk to Essex Park

About This Home

As of January 2019

Sold as a 4-plex. 4 Detached ranch homes on 2 tax lots on residential setting. Close to Essex park, shopping, mass transit, groceries, entertainment and more.

Last Agent to Sell the Property

Peter Jameson

J Residential Properties License #200204424 Listed on: 11/17/2018

Co-Listed By

Erin Maher

J Residential Properties License #201205719

Last Buyer's Agent

Peter Jameson

J Residential Properties License #200204424 Listed on: 11/17/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,298

Year Built

  • Built in 1973

Lot Details

  • Level Lot
  • Flag Lot

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Plywood Siding Panel T1-11
  • Cement Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Range
  • Washer and Dryer Hookup

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,298

Year Built

Built in 1973

Lot Details

0

Parking

8

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5216
  • Stories: 1
  • Year Built: 1973
  • Property Condition: Approximately
  • Remarks Public: Sold as a 4-plex. 4 Detached ranch homes on 2 tax lots on residential setting. Close to Essex park, shopping, mass transit, groceries, entertainment and more.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ESSEX PK, LOT 8 TL 7000
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding, Cement Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Marysville
  • Middle School: Marysville
  • High School: Franklin

Lot Info

  • Lot Description: Level, Flag Lot
  • Zoning: R5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 6560.42
  • Assessor Parcel Number: R158332
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.76

MLS Schools

  • Elementary School: Marysville
  • High School: Franklin
  • Middle School: Marysville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2018
Closed on
Mar 20, 2019
Sold by
Wilson Lee
Bought by
Wilson At Center Street Llc
Seller's Agent
Peter Jameson
J Residential Properties
Buyer's Agent
Peter Jameson
J Residential Properties
List Price
$850,000
Sold Price
$822,000
Premium/Discount to List
-$28,000
-3.29%
Current Estimated Value
$672,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$149,420
Avg. Annual Appreciation
-2.77%
Original Mortgage
$411,000
Outstanding Balance
$361,394
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$322,776

Purchase Details

Listed on
Nov 17, 2018
Closed on
Jan 29, 2019
Sold by
Raabitz Properties Llc
Bought by
Wilson Lee
Seller's Agent
Peter Jameson
J Residential Properties
Buyer's Agent
Peter Jameson
J Residential Properties
List Price
$850,000
Sold Price
$822,000
Premium/Discount to List
-$28,000
-3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Outstanding Balance
$361,394
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$322,776

Purchase Details

Listed on
Oct 12, 2013
Closed on
Jan 23, 2014
Sold by
Bartz David F
Bought by
Raabitz Properties Llc
Seller's Agent
Loree Kaiser
Better Homes & Gardens Realty
Buyer's Agent
Krista Petterson
Premiere Property Group, LLC
List Price
$618,000
Sold Price
$540,000
Premium/Discount to List
-$78,000
-12.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$297,000
Interest Rate
4.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2003
Sold by
Leighton Elliott
Bought by
Bartz David F and Bartz Susan L F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,520
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2001
Sold by
Center Properties Llc
Bought by
Leighton Elliott and Welp Leighton Lavonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,768
Interest Rate
7.09%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 28, 1996
Sold by
Hansen David R and Hansen Marsha A
Bought by
Dykes Larry A and Dykes Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.01%

Purchase Details

Closed on
Jun 27, 1996
Sold by
Dykes Larry A and Dykes Sandra K
Bought by
Center Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.01%

Purchase Details

Closed on
May 28, 1996
Sold by
Montgomery Robert H and Montgomery Charlotte L
Bought by
Hansen David R and Hansen Marsha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.01%
Source: Public Records

Range of Values:

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Average Value
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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
Wilson At Center Street Llc -- None Available
Wilson Lee $822,000 Wfg Title
Raabitz Properties Llc $540,000 Fidelity National Title Or
Bartz David F -- Fidelity National Title Or
Bartz David F $209,400 Fidelity Natl Title Co Of Or
Leighton Elliott -- First American
Dykes Larry A $122,500 Ticor Title Insurance
Center Properties Llc -- --
Hansen David R -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Lee $411,000
Previous Owner Raabitz Properties Llc $297,000
Previous Owner Bartz David F $167,520
Previous Owner Leighton Elliott $161,768
Previous Owner Dykes Larry A $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $822,000 -3.3% $158 / Sq Ft
12/16/2018 12/16/18 Pending -- -- --
11/17/2018 11/17/18 For Sale $850,000 +57.4% $163 / Sq Ft
01/24/2014 01/24/14 Sold $540,000 -12.6% $104 / Sq Ft
12/12/2013 12/12/13 Pending -- -- --
10/12/2013 10/12/13 For Sale $618,000 -- $118 / 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 $8,298 $313,140 $0 $0
2022 $8,118 $304,020 $0 $0
2021 $7,981 $295,170 $0 $0
2020 $7,321 $286,580 $0 $0
2019 $7,052 $278,240 $0 $0
2018 $6,845 $270,140 $0 $0
2017 $6,560 $262,280 $0 $0
2016 $6,004 $254,650 $0 $0
2015 $5,847 $247,240 $0 $0
2014 $5,620 $240,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Jameson

    Seller's Agent in 2019

    Peter Jameson

    J Residential Properties

    (503) 407-1526

    1 in this area

    121 Total Sales

    Section Image

  • E

    Seller Co-Listing Agent in 2019

    Erin Maher

    J Residential Properties

    (503) 407-1526

    1 in this area

    88 Total Sales

    Section Image
  • Loree Kaiser

    Seller's Agent in 2014

    Loree Kaiser

    Better Homes & Gardens Realty

    (503) 860-2528

    1 in this area

    48 Total Sales

    Section Image

  • K

    Buyer's Agent in 2014

    Krista Petterson

    Premiere Property Group, LLC

    (503) 670-9000

    12 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18686564

Regional Multiple Listing Service (RMLS)

APN: R158332

Oregon Multnomah County Portland 97206 Foster-Powell

7437 SE Center St Unit 7439, Portland, OR

This home is located at 7437 SE Center St Unit 7439, Portland, OR 97206 since 17 November 2018 and is currently estimated at $686,950, approximately $131 per square foot. This property was built in 1973. 7437 SE Center St Unit 7439 is a home located in Multnomah County with nearby schools including Marysville Elementary School, Franklin High School, and Grace Lutheran School.

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