NOT LISTED FOR SALE

7448 SW Virginia Ave Unit B Portland, OR 97219

South Portland Neighborhood

Estimated Value: $322,014 - $401,000

1 Bed
1.5 Baths
915 Sq Ft
$549/mo HOA Fee

Last Sold June 29, 2020

Last sale price $297,000 $325 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,018/month

72 Days on Market

Highlights

  • Seasonal Waterfront
  • City View
  • Contemporary Architecture
  • Newly Remodeled
  • Deck
  • Wood Flooring

About This Home

As of June 2020

PERFECTION! Featuring gleaming hardwoods, custom quartz counters, custom cabinetry, stainless gas appliances, gas fireplace, soaring high ceilings & laundry with custom built-ins. A spacious deck looking towards the river with a territorial view. One car attached garage that opens directly into the condo. Downstairs is a huge bedroom an on-suite bath w/ custom tile walk in shower and double vanities. The location is to die for!

Last Agent to Sell the Property

Jean Adcock

RE/MAX Advantage Group License #950100057 Listed on: 03/10/2020

RE/MAX Advantage Group

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,314

Year Built

  • Built in 1997 | Newly Remodeled

Lot Details

  • Seasonal Waterfront
  • Sprinkler System

HOA Fees

  • $549 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 915 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Gas Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

Schools

  • Capitol Hill Elementary School
  • Jackson Middle School
  • Wilson High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number R590795

Community Details

Overview

  • 55 Units
  • Macadam Village Condominium Association, Phone Number (503) 445-1210
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,314

Year Built

Built in 1997 | Newly Remodeled

Lot Details

0

HOA Fees

$549 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Warranty: HomeWarranty
  • Year Built: 1997
  • Property Condition: Approximately
  • Property Sub Type: Condominium
  • Architectural Style: NWContemporary
  • New Construction: Yes
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 55
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: EatBar,GasAppliances
  • Room 12 Features: Balcony,Fireplace,HardwoodFloors
  • Room 13 Features: Bathroom,BuiltinFeatures
  • Special Features: 4098

Interior Features

  • Accessibility Features: GarageonMain, WalkinShower
  • Total Bathrooms: 1.1
  • Fireplaces: 1
  • Interior Amenities: GarageDoorOpener, HardwoodFloors, HighCeilings, HookupAvailable, Laundry, Quartz, Sprinkler, TileFloor, WalltoWallCarpet
  • Room 4 Description: Entry
  • Room 4 Features: BuiltinFeatures
  • Room 4 Level: Main
  • Room 5 Description: UtilityRoom
  • Room 5 Features: BuiltinFeatures
  • Room 5 Level: Main
  • Basement: Finished
  • Window Features: VinylFrames
  • Appliances: Dishwasher, Disposal, FreeStandingGasRange, Microwave, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Stories: 2
  • BathroomsFullLowerLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Lower
  • Fourth Bedroom Area: 36
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: Deck, Sprinkler
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Commons, OnBusline
  • Road Surface Type: Paved
  • Water Body Name: Willamette River
  • Waterfront Features: Seasonal
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: City,Mountain

Garage/Parking

  • Garage Type: Attached
  • Parking Description: OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Attached

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: FireSprinklerSystem
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: Commons, ExteriorMaintenance, Insurance, MaintenanceGrounds, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 549.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: CMI
  • CondominiumAssociationEmail: Laurie Wilson Lauriew@communitymgt.com
  • CondominiumAssociationName: Macadam Village Condominium
  • CondominiumAssociationPhone: 503-445-1210
  • CondominiumAssociationURLYN: No

Schools

  • Elementary School: Capitol Hill
  • High School: Wilson
  • Middle Or Junior School: Jackson

Lot Info

  • Parcel #: R590795

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 4313.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Jun 26, 2020
Sold by
Kelsey Karin
Bought by
Campbell Joel H
Seller's Agent
Jean Adcock
RE/MAX Advantage Group
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$299,900
Sold Price
$297,000
Premium/Discount to List
-$2,900
-0.97%
Total Days on Market
72
Current Estimated Value
$362,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,254
Avg. Annual Appreciation
4.10%
Original Mortgage
$237,600
Outstanding Balance
$213,384
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$148,870

Purchase Details

Closed on
Jan 24, 2018
Sold by
Kelsey Karen
Bought by
Kelsey Karin and The Karin Kelsey Trust

Purchase Details

Closed on
Mar 6, 2017
Sold by
Bonner Allison
Bought by
Kelsey Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,700
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2014
Sold by
Hortsch Alexander P
Bought by
Bonner Allison

Purchase Details

Closed on
Jan 31, 2012
Sold by
The Bank Of New York Mellon
Bought by
Hortsch Alexander P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,100
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2011
Sold by
Noel Melanie J
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Feb 7, 2007
Sold by
Macadam Village Acquisition Llc
Bought by
Noel Melanie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,600
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Campbell Joel H $297,000 First American
Kelsey Karin -- None Available
Kelsey Karin $313,000 Wfg Title
Bonner Allison $150,000 Wfg Title
Hortsch Alexander P $113,900 Fidelity Natl Title Co Of Or
The Bank Of New York Mellon $167,400 None Available
Noel Melanie J $244,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Joel H $237,600
Previous Owner Kelsey Karin $281,700
Previous Owner Hortsch Alexander P $91,100
Previous Owner Noel Melanie J $195,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $297,000 -1.0% $325 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $299,900 +1.0% $328 / Sq Ft
04/18/2020 04/18/20 Off Market $297,000 -- --
03/10/2020 03/10/20 For Sale $299,900 -- $328 / 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 $5,220 $197,540 $0 $197,540
2022 $5,116 $191,790 $0 $0
2021 $5,030 $186,210 $0 $0
2020 $4,289 $180,790 $0 $0
2019 $4,433 $175,530 $0 $0
2018 $4,314 $170,420 $0 $0
2017 $4,135 $165,460 $0 $0
2016 $3,771 $160,650 $0 $0
2015 $3,352 $155,980 $0 $0
2014 $2,976 $151,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20594380

Regional Multiple Listing Service (RMLS)

APN: R590795