$550,000
SOLD AUG 2, 2021

7611 N Berkeley Ave Unit 7613 Portland, OR 97203

Portsmouth Neighborhood
3 Beds
2 Baths
1,565 Sq Ft
2,483 Sq Ft Lot

Recently Sold

$351 Per Sq Ft

4% Below List Price

Highlights

  • Fireplace
  • Storage
  • High Speed Internet
  • Astor Elementary School Rated 9+
  • Washer and Dryer
  • Level Lot

About This Home

As of August 2021

Beautifully maintained 2009 duplex. Convenient to U of P, New Seasons, transit and St Johns neighborhood shops and restaurants. Lower (1 bedroom) unit has garage, driveway & back yard. Lower unit on lease through April 2022. Upper unit (2 bedroom) is month to month. Tenants cover all utilities. Units are metered separately for water/sewer, electric, and gas. Interior inspection subject to acceptable offer.

Last Agent to Sell the Property

Patrick Gourley

Windermere Realty Trust License #200503120 Listed on: 06/02/2021

Windermere Realty Trust

Last Buyer's Agent

Tom Hoffman

RE/MAX Equity Group License #200409253

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,177

Year Built

  • Built in 2009

Lot Details

  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage
  • Washer and Dryer
  • Crawl Space

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,177

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 2
  • Year Built: 2009
  • Property Condition: Existing
  • Remarks Public: Beautifully maintained 2009 duplex. Convenient to U of P, New Seasons, transit and St Johns neighborhood shops and restaurants. Lower (1 bedroom) unit has garage, driveway & back yard. Lower unit on lease through April 2022. Upper unit (2 bedroom) is month to month. Tenants cover all utilities. Units are metered separately for water/sewer, electric, and gas. Interior inspection subject to acceptable offer.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PORTSMOUTH VILLA EXTD, BLOCK A, S 25' OF LOT 37
  • Basement: Crawl Space
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Internet Service Type: Cable

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Fireplace, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Astor
  • Middle School: Astor
  • High School: Roosevelt

Lot Info

  • Lot Description: Level
  • Zoning: R1
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 5240.73
  • Assessor Parcel Number: R607584
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.10

MLS Schools

  • Elementary School: Astor
  • High School: Roosevelt
  • Middle School: Astor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 2, 2021
Sold by
Diamond Jacob E
Bought by
Mendoza Elisabeth Martinez
Seller's Agent
Patrick Gourley
Windermere Realty Trust
Buyer's Agent
Tom Hoffman
RE/MAX Equity Group
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Current Estimated Value
$518,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,850
Avg. Annual Appreciation
-0.73%
Original Mortgage
$531,643
Outstanding Balance
$487,782
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$45,815

Purchase Details

Listed on
Feb 22, 2019
Closed on
Mar 21, 2019
Sold by
Kahn Emily
Bought by
Diamond Jacob E
Seller's Agent
Benjamin Ficker
Keller Williams Sunset Corridor
Buyer's Agent
Sarah Moon
Lark and Fir Realty LLC
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$275,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2017
Sold by
Kahn Emily H
Bought by
Gibson Properties Llc

Purchase Details

Listed on
Apr 17, 2016
Closed on
Jun 2, 2016
Sold by
Sheaffer Patrick
Bought by
Kahn Emily H
Seller's Agent
Mark Connelly
Connelly Realty
Buyer's Agent
Benjamin Ficker
Keller Williams Sunset Corridor
List Price
$404,500
Sold Price
$404,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Original Mortgage
$397,172
Interest Rate
3.66%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 2008
Sold by
Sheaffer Patrick
Bought by
Sheaffer Patrick and Sheaffer Jolene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 22, 2008
Sold by
Nw Landmark Llc
Bought by
Sheaffer Patrick
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 Type Sale Price Title Company
Warranty Deed $550,000 Fidelity National Title
Warranty Deed $450,000 Ticor Title Company Of Or
Bargain Sale Deed -- None Available
Warranty Deed $404,500 None Available
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Or
Bargain Sale Deed -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $531,643 FHA
Previous Owner $282,500 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $397,172 FHA
Previous Owner $245,000 New Conventional
Previous Owner $240,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $550,000 -4.3% $351 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $575,000 +27.8% $367 / Sq Ft
04/02/2019 04/02/19 Sold $450,000 0.0% $288 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $450,000 +11.2% $288 / Sq Ft
07/10/2016 07/10/16 Sold $404,500 0.0% $258 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/17/2016 04/17/16 For Sale $404,500 -- $258 / 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 $6,177 $230,860 -- --
2023 $5,939 $224,140 $0 $0
2022 $5,811 $217,620 $0 $0
2021 $5,713 $211,290 $0 $0
2020 $5,241 $205,140 $0 $0
2019 $5,048 $199,170 $0 $0
2018 $4,900 $193,370 $0 $0
2017 $4,696 $187,740 $0 $0
2016 $4,298 $182,280 $0 $0
2015 $4,185 $176,980 $0 $0
2014 $3,859 $171,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21191871

Regional Multiple Listing Service (RMLS)

APN: R607584