NOT LISTED FOR SALE

7523 SE 21st Ave Unit 7525 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $611,000 - $755,757

2 Beds
2 Baths
1,710 Sq Ft
$410/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $399,900 $234 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,248/month

169 Days on Market

Highlights

  • Detached Garage
  • Fireplace
  • Level Lot
  • Llewellyn Elementary School Rated A-

About This Home

As of March 2014

New Price! Charming duplex one block from Westmoreland Park. Built in 1924 with many of the original features; 1 bedroom, 1 full bath units; 855 sq ft + a sun-room at the front of the home and partial basement with laundry; liv rm has original hardwood floors, fireplace, built-ins; full kitchen with built- in seating. Walk score 72. Please do not disturb long term tenants; offers subject to interior inspection. Rents low for the area.

Last Agent to Sell the Property

Jennifer Weitzel

Better Homes & Gardens Realty License #200601159 Listed on: 09/03/2013

Better Homes & Gardens Realty

Co-Listed By

Roger Hough

Better Homes & Gardens Realty License #840300120

Last Buyer's Agent

David McGrew

John L. Scott Portland Central License #200406093

John L. Scott Portland Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,161

Year Built

  • Built in 1924

Lot Details

  • Level Lot

Parking

  • Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Basement Storage
  • Range
  • Washer and Dryer Hookup

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,161

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1710
  • Year Built: 1924
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Partial Basement, Storage Space
  • Legal Description: WESTMORELAND, BLOCK 29, LOT 14
  • Storage: Basement

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Detached

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection

Condo/Co-op/Association

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

Schools

  • Elementary School: Llewellyn
  • Middle School: Sellwood
  • High School: Cleveland
  • School Elementary2: Duniway

Lot Info

  • Lot Description: Level
  • Zoning: R5

Tax Info

  • Tax Amount: 3094.44
  • Assessor Parcel Number: R304193

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 23.28

MLS Schools

  • Elementary School: Llewellyn
  • High School: Cleveland
  • Middle School: Sellwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2013
Closed on
Mar 24, 2014
Sold by
Johns Joseph F
Bought by
Cannon Barbara Lee
Seller's Agent
Jennifer Weitzel
Better Homes & Gardens Realty
Buyer's Agent
David McGrew
John L. Scott Portland Central
List Price
$439,000
Sold Price
$399,900
Premium/Discount to List
-$39,100
-8.91%
Current Estimated Value
$701,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,789
Avg. Annual Appreciation
4.99%
Original Mortgage
$279,930
Outstanding Balance
$211,449
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$490,240
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
Cannon Barbara Lee $399,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannon Barbara Lee $279,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $399,900 -8.9% $234 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
09/03/2013 09/03/13 For Sale $439,000 -- $257 / 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 $6,161 $230,290 -- --
2023 $5,925 $223,590 $0 $0
2022 $5,797 $217,080 $0 $0
2021 $5,698 $210,760 $0 $0
2020 $5,228 $204,630 $0 $0
2019 $5,035 $198,670 $0 $0
2018 $4,887 $192,890 $0 $0
2017 $4,684 $187,280 $0 $0
2016 $4,287 $181,830 $0 $0
2015 $3,989 $168,700 $0 $0
2014 $3,502 $145,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Weitzel

    Seller's Agent in 2014

    Jennifer Weitzel

    Better Homes & Gardens Realty

    (503) 358-1108

    1 in this area

    118 Total Sales

    Jennifer Weitzel
    Section Image
  • Roger Hough

    Seller Co-Listing Agent in 2014

    Roger Hough

    Better Homes & Gardens Realty

    (503) 516-5688

    85 Total Sales

    Roger Hough
    Section Image
  • David McGrew

    Buyer's Agent in 2014

    David McGrew

    John L. Scott Portland Central

    (503) 819-9562

    66 Total Sales

    David McGrew
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13561727

Regional Multiple Listing Service (RMLS)

APN: R304193

Oregon Multnomah County Portland 97202 Sellwood

7523 SE 21st Ave Unit 7525, Portland, OR

This home is located at 7523 SE 21st Ave Unit 7525, Portland, OR 97202 since 03 September 2013 and is currently estimated at $701,689, approximately $410 per square foot. This property was built in 1924. 7523 SE 21st Ave Unit 7525 is a home located in Multnomah County with nearby schools including Llewellyn Elementary School, Sellwood Middle School, and Cleveland High School.

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