NOT LISTED FOR SALE

7502 SE Steele St Unit 7508 Portland, OR 97206

Mount Scott-Arleta Neighborhood

Estimated Value: $462,405 - $572,000

4 Beds
2 Baths
1,588 Sq Ft
$333/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $588,000 $370 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,316/month

Highlights

  • Washer and Dryer
  • Level Lot
  • Wood Siding

About This Home

As of April 2022

Fantastic Foster Powell duplex, just steps from the Portland Mercado & Mt Scott Park. Each unit features two bedrooms & a bathroom, separate laundry, private fenced backyards w/ off-street parking. One unit fully remodeled in 2017 with open concept kitchen, new laminate flooring and paint, new appliances, new water heater, & remodeled bathroom. Large windows with lots of natural light. Both units month to month, perfect for owner occupant buyer! Easy to rent, upside in rents, 88 Walk Score!

Last Agent to Sell the Property

Yascha Noonberg

Living Room Realty License #201202058 Listed on: 03/16/2022

Living Room Realty

Co-Listed By

Melissa Dorman

Living Room Realty License #201222278

Last Buyer's Agent

Sean O'feery

Living Room Realty License #201208106

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,997

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 5,009

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Kitchen

  • Range
  • Microwave

Attic

  • Storage In Attic

Parking

  • Paved Parking
  • Assigned Parking

Additional Features

  • Washer and Dryer
  • Crawl Space
  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,997

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1588
  • Year Built: 1966
  • Property Condition: Updated/Remodeled
  • Remarks Public: Fantastic Foster Powell duplex, just steps from the Portland Mercado & Mt Scott Park. Each unit features two bedrooms & a bathroom, separate laundry, private fenced backyards w/ off-street parking. One unit fully remodeled in 2017 with open concept kitchen, new laminate flooring and paint, new appliances, new water heater, & remodeled bathroom. Large windows with lots of natural light. Both units month to month, perfect for owner occupant buyer! Easy to rent, upside in rents, 88 Walk Score!
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HALLER ADD, BLOCK 2, LOT 3
  • Basement: Crawl Space
  • Storage: Attic

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned, Paved

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Microwave, Range, Refrigerator, Washer/Dryer

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: RM1
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 1
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10199689
  • Green Verification HES Year: 2022

Rental Info

  • Rent Includes: Trash Collection, Maintenance Grounds

Tax Info

  • Tax Amount: 4669.49
  • Assessor Parcel Number: R174943
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.58

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Avocado Toast Llc
Bought by
Dorman Melissa Ann
Current Estimated Value
$529,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,486
Outstanding Balance
$251,321
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$277,780

Purchase Details

Closed on
Jan 30, 2018
Sold by
Dorman Milissa
Bought by
Avocado Toast Llc

Purchase Details

Closed on
Mar 14, 2017
Sold by
Hamilton Randy Fred
Bought by
Dorman Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,320
Interest Rate
4.19%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2014
Sold by
Ngu Cuong
Bought by
Hamilton Randy Fred and Hamilton Kathryn Griffin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2002
Sold by
Damore Dennis M
Bought by
Ngu Cuong and Ly Thuy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1995
Sold by
Nimz Donald J
Bought by
Damore Dennis M and Damore Robin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1995
Sold by
Nimz Sally J
Bought by
Nimz Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dorman Melissa Ann -- First American
Avocado Toast Llc -- None Available
Dorman Melissa $320,000 Wfg Title
Hamilton Randy Fred $208,000 Lawyers Title
Ngu Cuong $137,500 First American
Damore Dennis M $115,000 Transamerica Title Insurance
Nimz Donald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorman Melissa Ann $281,486
Previous Owner Dorman Melissa $309,320
Previous Owner Hamilton Randy Fred $156,000
Previous Owner Ngu Cuong $110,000
Previous Owner Damore Dennis M $86,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $588,000 +9.9% $370 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $535,000 -- $337 / 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 $5,997 $224,130 -- --
2023 $5,766 $217,600 $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 $3,269 $157,690 $0 $0
2014 $3,136 $153,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Yascha Noonberg

    Seller's Agent in 2022

    Yascha Noonberg

    Living Room Realty

    (503) 810-6312

    4 in this area

    302 Total Sales

    Yascha Noonberg
    Section Image
  • Melissa Dorman

    Seller Co-Listing Agent in 2022

    Melissa Dorman

    Living Room Realty

    (562) 355-8593

    3 in this area

    208 Total Sales

    Melissa Dorman
    Section Image
  • Sean O'feery

    Buyer's Agent in 2022

    Sean O'feery

    Living Room Realty

    (971) 266-0805

    1 in this area

    98 Total Sales

    Sean O'feery
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22285670

Regional Multiple Listing Service (RMLS)

APN: R174943

Oregon Multnomah County Portland 97206 Mount Scott-Arleta

7502 SE Steele St Unit 7508, Portland, OR

This home is located at 7502 SE Steele St Unit 7508, Portland, OR 97206 since 16 March 2022 and is currently estimated at $529,101, approximately $333 per square foot. This property was built in 1966. 7502 SE Steele St Unit 7508 is a home located in Multnomah County with nearby schools including Marysville Elementary School, Franklin High School, and Mt. Scott Park Center for Learning.

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