NOT LISTED FOR SALE

7501 SE Insley St Unit 7505 Portland, OR 97206

Mount Scott-Arleta Neighborhood

Estimated Value: $589,000 - $669,000

6 Beds
3 Baths
2,688 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $562,000 $209 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,073/month

5 Days on Market

Highlights

  • Detached Garage
  • Parking Storage or Cabinetry
  • Level Lot
  • Double Pane Windows
  • High Speed Internet
  • Wood Siding

About This Home

As of November 2020

Three 2 bed/1 bath units with long term tenants. Well maintained building with a new roof in 2018. Private garage parking and private fenced patios for each unit. Washer dryer hookups in each unit. Easy access to cafes and shops in popular Foster/Powell neighborhood. Do not disturb the tenants, all offers to be subject to interior inspection. Offers accepted till Friday August 28 at 5:00 pm.

Last Agent to Sell the Property

Kathleen Mollere

Urban Nest Realty License #200411040 Listed on: 08/24/2020

Last Buyer's Agent

Troy Malone

Simple Realty Northwest License #201207842

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,529

Year Built

  • Built in 1970

Lot Details

  • 5,009

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Parking

  • Detached Garage
  • Parking Storage or Cabinetry

Utilities

  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,529

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2688
  • Stories: 2
  • Year Built: 1970
  • Property Condition: Restored
  • Remarks Public: Three 2 bed/1 bath units with long term tenants. Well maintained building with a new roof in 2018. Private garage parking and private fenced patios for each unit. Washer dryer hookups in each unit. Easy access to cafes and shops in popular Foster/Powell neighborhood. Do not disturb the tenants, all offers to be subject to interior inspection. Offers accepted till Friday August 28 at 5:00 pm.
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HALLER ADD, BLOCK 2, LOT 18
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab
  • Road Surface: Concrete

Garage/Parking

  • Parking Description: Detached, Garage

Utilities

  • Energy Efficiency Features: Insulation and Ceiling Insulation, Partial Wall Insulation, Double Pane Windows
  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Internet Service Type: Cable

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Woodstock
  • Middle School: Arleta
  • High School: Franklin

Lot Info

  • Lot Description: Level
  • Zoning: R 2
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 5
  • Green Verification HES Year: 2020

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6382.33
  • Assessor Parcel Number: R174957
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 11.46

MLS Schools

  • Elementary School: Woodstock
  • High School: Franklin
  • Middle School: Arleta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Nov 6, 2020
Sold by
Onitsuka Sean L
Bought by
Hansen Amanda
Seller's Agent
Kathleen Mollere
Urban Nest Realty
Buyer's Agent
Troy Malone
Simple Realty Northwest
List Price
$521,000
Sold Price
$562,000
Premium/Discount to List
$41,000
7.87%
Current Estimated Value
$616,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,980
Avg. Annual Appreciation
4.46%
Original Mortgage
$551,820
Outstanding Balance
$503,936
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$188,009

Purchase Details

Listed on
Jan 24, 2013
Closed on
Oct 10, 2013
Sold by
Atkinson Dennis R
Bought by
Onitsuka Sean L
Seller's Agent
Chris Wagner
Mal & Seitz
Buyer's Agent
Kathleen Mollere
Urban Nest Realty
List Price
$299,900
Sold Price
$295,400
Premium/Discount to List
-$4,500
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$206,780
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 1998
Sold by
Norris Mylan Thi
Bought by
Atkinson Dennis R and Atkinson Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
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
Hansen Amanda $562,000 First American
Onitsuka Sean L $295,400 Fatco
Atkinson Dennis R $195,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Amanda $551,820
Previous Owner Onitsuka Sean L $200,000
Previous Owner Onitsuka Sean L $206,780
Previous Owner Atkinson Eileen M $193,000
Previous Owner Atkinson Dennis R $204,100
Previous Owner Atkinson Dennis R $146,250
Closed Atkinson Dennis R $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $562,000 +7.9% $209 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $521,000 +76.4% $194 / Sq Ft
10/11/2013 10/11/13 Sold $295,400 -1.5% $110 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $299,900 -- $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 $8,529 $321,870 $0 $0
2022 $8,344 $312,500 $0 $0
2021 $8,203 $303,400 $0 $0
2020 $6,626 $259,360 $0 $0
2019 $6,382 $251,810 $0 $0
2018 $6,195 $244,480 $0 $0
2017 $5,937 $237,360 $0 $0
2016 $5,433 $230,450 $0 $0
2015 $5,290 $223,740 $0 $0
2014 $4,933 $217,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20490962

Regional Multiple Listing Service (RMLS)

APN: R174957