NOT LISTED FOR SALE

7605 N Wall Ave Unit 7611 Portland, OR 97203

Portsmouth Neighborhood

Estimated Value: $772,222 - $921,000

2 Beds
1 Bath
3,050 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $392,000 $129 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,233/month

60 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • 1-Story Property

About This Home

As of August 2013

RENTS HAVE BEEN RAISED! DO NOT DISTURB TENANTS! Solid brick four-plex w/off and on street parking, and on-site coin operating laundry room. Near Fred Meyers and the St. Johns bridge which puts you 10 minutes from downtown. Completely rented, so please write offers "subject to interior inspection."

Last Agent to Sell the Property

Arvell Wilson

ADG Realty License #200608037 Listed on: 05/06/2013

Last Buyer's Agent

Rex Buchanan

Opt License #200204427

Opt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,256

Year Built

  • Built in 1960

Lot Details

  • 7,492

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Storage
  • Wood Flooring

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,256

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3050
  • Stories: 1
  • Year Built: 1960
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, No Basement
  • Legal Description: WILLUMBIA, BLOCK 5, LOT 15, SELY 25' OF LOT 16
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 7,000 to 9,999 SqFt

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security Or Entry: Sidewalk

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Hardwood Floors, Refrigerator, Storage

Schools

  • Elementary School: James John
  • Middle School: George
  • High School: Roosevelt

Lot Info

  • Zoning: R2

Tax Info

  • Tax Amount: 4623.48
  • Assessor Parcel Number: R309274

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.40

MLS Schools

  • Elementary School: James John
  • High School: Roosevelt
  • Middle School: George

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2013
Closed on
Aug 12, 2013
Sold by
Singh Anil Kumar
Bought by
Staub Christopher A
Seller's Agent
Arvell Wilson
ADG Realty
Buyer's Agent
Rex Buchanan
Opt
List Price
$399,900
Sold Price
$392,000
Premium/Discount to List
-$7,900
-1.98%
Current Estimated Value
$853,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,806
Avg. Annual Appreciation
6.62%
Original Mortgage
$294,000
Outstanding Balance
$217,674
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$636,132

Purchase Details

Closed on
Dec 12, 2005
Sold by
Trotter Rossignole
Bought by
Singh Anil Kumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.94%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 16, 2004
Sold by
White Pierre G
Bought by
Trotter Rossignote

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1997
Sold by
Petrina Joseph A
Bought by
White Pierre G and White Natalie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 1996
Sold by
Maccorkindale John
Bought by
Petrina Joseph A and Petrina Colleen Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,200
Interest Rate
7.68%
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
Staub Christopher A $392,000 Ticor Title Company
Singh Anil Kumar $380,000 Lawyers Title Ins
Trotter Rossignote $325,000 First American Title Insuran
White Pierre G $215,000 First American Title Ins Co
Petrina Joseph A $199,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staub Christopher A $294,000
Previous Owner Singh Anil Kumar $342,000
Previous Owner Trotter Rossignote $260,000
Previous Owner White Pierre G $172,000
Previous Owner Petrina Joseph A $149,200
Closed Petrina Joseph A $19,900
Closed Trotter Rossignote $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2013 08/15/13 Sold $392,000 -2.0% $129 / Sq Ft
07/05/2013 07/05/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $399,900 -- $131 / 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 $8,256 $308,570 -- --
2023 $7,939 $299,590 $0 $0
2022 $7,767 $290,870 $0 $0
2021 $7,635 $282,400 $0 $0
2020 $7,004 $274,180 $0 $0
2019 $6,747 $266,200 $0 $0
2018 $6,549 $258,450 $0 $0
2017 $6,277 $250,930 $0 $0
2016 $5,744 $243,630 $0 $0
2015 $5,594 $236,540 $0 $0
2014 $5,232 $218,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13564785

Regional Multiple Listing Service (RMLS)

APN: R309274