NOT LISTED FOR SALE

7652 N Vancouver Ave Portland, OR 97217

Piedmont Neighborhood

Estimated Value: $745,000 - $848,000

8 Beds
4 Baths
3,301 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $793,000 $240 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,756/month

5 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • 5-minute walk to Farragut Park
  • Storage
  • Wood Siding

About This Home

As of July 2022

Super clean mid-century ranch style 4-plex, hardwood floors, units are all flats, nice onsite parking, and pleasant postage stamp style yards-patios for all units. This Piedmont plex is on the busline and features unique floor plans across both levels. In the basement there is storage for each unit and common area laundry too. The building has an additional 400 square foot open area that could easily be converted to more storage. Rents are under market, so room to grow them over time.

Last Agent to Sell the Property

Chris Johnson

CORE, Realtors License #930700182 Listed on: 06/10/2022

Co-Listed By

Conor Finlay

CORE, Realtors License #201217057

Last Buyer's Agent

Beth Benner

Real Broker License #200404033

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,595

Year Built

  • Built in 1964

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Storage
  • Range

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Exterior Basement Entry
  • Basement Storage

Parking

  • Paved Parking
  • Open Parking

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 4 Units
  • Property managed by Core, Realtors

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,595

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3301
  • Stories: 2
  • Year Built: 1964
  • Property Condition: Approximately
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOVELEIGH, BLOCK 2, S 1/2 OF LOT 3, LOT 4
  • Basement: Full Basement, Exterior Entry, Partial Basement
  • Storage: Individual Storage Units, Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open, Paved

Utilities

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

Condo/Co-op/Association

  • Management Name: Core, Realtors
  • Unit Features: Hardwood Floors, Range, Refrigerator, Window Coverings

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: MD-N

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6771.81
  • Assessor Parcel Number: R208912
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 15.07

MLS Schools

  • Elementary School: Woodlawn
  • High School: Roosevelt
  • Middle School: Ockley Green

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 14, 2022
Sold by
Hanks Rentals-Vancouver Llc
Bought by
Wsb Property Partners Llc
Seller's Agent
Chris Johnson
CORE, Realtors
Buyer's Agent
Beth Benner
Real Broker
List Price
$810,000
Sold Price
$793,000
Premium/Discount to List
-$17,000
-2.1%
Current Estimated Value
$783,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,980
Avg. Annual Appreciation
-0.37%
Original Mortgage
$594,750
Outstanding Balance
$565,011
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$218,009

Purchase Details

Closed on
Aug 5, 2016
Sold by
Hanks Jeffrey S
Bought by
Hanks Rentals Vancouver Llc

Purchase Details

Closed on
Feb 13, 2007
Sold by
Burco Victor Jay
Bought by
Hanks Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,600
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wsb Property Partners Llc $793,000 None Listed On Document
Hanks Rentals Vancouver Llc -- None Available
Hanks Jeffrey S $364,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wsb Property Partners Llc $594,750
Previous Owner Hanks Jeffrey S $236,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $793,000 -2.1% $240 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $810,000 -- $245 / 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
2025 $7,595 $281,880 -- --
2024 $7,322 $273,670 -- --
2023 $7,041 $265,700 $0 $0
2022 $6,888 $257,970 $0 $0
2021 $6,772 $250,460 $0 $0
2020 $6,212 $243,170 $0 $0
2019 $5,984 $236,090 $0 $0
2018 $5,808 $229,220 $0 $0
2017 $5,567 $222,550 $0 $0
2016 $5,094 $216,070 $0 $0
2015 $4,961 $209,780 $0 $0
2014 $4,886 $203,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Johnson

    Seller's Agent in 2022

    Chris Johnson

    CORE, Realtors

    (971) 295-6164

    2 in this area

    39 Total Sales

    Chris Johnson
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Conor Finlay

    CORE, Realtors

    (971) 271-7174

    2 in this area

    44 Total Sales

    Conor Finlay
    Section Image
  • Beth Benner

    Buyer's Agent in 2022

    Beth Benner

    Real Broker

    (503) 819-2885

    1 in this area

    270 Total Sales

    Beth Benner
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22058636

Regional Multiple Listing Service (RMLS)

APN: R208912

Oregon Multnomah County Portland 97217 Piedmont

7652 N Vancouver Ave, Portland, OR

Not Listed for Sale

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