NOT LISTED FOR SALE

7531 NE Everett St Unit 7535 Portland, OR 97213

Montavilla Neighborhood

Estimated Value: $428,357 - $509,000

2 Beds
2 Baths
1,300 Sq Ft
$363/Sq Ft Est. Value

Sale Details

Date Sold: November 9, 2022

Last sale price $450,000 $346 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,814 / mo

12 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-Story Property
  • Property is near bus stop
  • Wall Furnace

About This Home

As of November 2022

Charming single level duplex in the heart of Montavilla on a large corner lot! Great opportunity for an owner occupant or investor. Each side features 1 bed, 1 bath and a private fenced patio area to relax at the end of the day! Plenty of off-street parking available. Conveniently located to amenities and freeways.

Last Agent to Sell the Property

Kelsi Morris

Real Broker License #201225308 Listed on: 10/15/2022

Real Broker

Last Buyer's Agent

Jonathan Miller

Hearth Realty Group License #199910138

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 1966

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Open Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Location

  • Property is near bus stop

Schools

  • Vestal Elementary School
  • Roseway Heights Middle School
  • Leodis Mcdaniel High School

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R222372

Community Details

Overview

  • 2 Units
  • Montavilla Subdivision

Building Details

  • Operating Expense $7,040
  • Gross Income $15,300
  • Net Operating Income $15,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,370

Year Built

Built in 1966

Lot Details

5,009 Sq Ft Lot

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1966
  • Property Condition: Approximately
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Current Price For Status: 450000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,IndividualStorageUnits
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Vestal
  • High School: Leodis McDaniel
  • Middle Or Junior School: Roseway Heights

Lot Info

  • Zoning: R2.5
  • Parcel #: R222372

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3370.22

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 30.72
  • Annual Gross Income: 15300.0
  • Property Net Operating Income: 15300.0
  • Annual Operating Expense: 7040.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Nov 8, 2022
Sold by
Eugene Gumz Trust
Bought by
Ostar Jonathan and Ostar Toby
Seller's Agent
Kelsi Morris
Real Broker
Buyer's Agent
Jonathan Miller
Hearth Realty Group
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Current Estimated Value
$471,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,339
Avg. Annual Appreciation
1.36%

Purchase Details

Closed on
Apr 17, 2002
Sold by
Lindsay Dian J
Bought by
Gumz Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,960
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Ostar Jonathan $450,000 Chicago Title
Gumz Eugene $117,450 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gumz Eugene $93,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2022 11/09/22 Sold $450,000 -4.3% $346 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $470,000 -6.0% $362 / Sq Ft
10/15/2022 10/15/22 For Sale $500,000 -- $385 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $3,780 $140,270 -- --
2024 $3,644 $136,190 -- --
2023 $3,504 $132,230 $0 $0
2022 $3,428 $128,380 $0 $0
2021 $3,370 $124,650 $0 $0
2020 $3,092 $121,020 $0 $0
2019 $2,978 $117,500 $0 $0
2018 $2,891 $114,080 $0 $0
2017 $2,770 $110,760 $0 $0
2016 $2,536 $107,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22043889

Regional Multiple Listing Service (RMLS)

APN: R222372

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