NOT LISTED FOR SALE

7700 SW Mayo St Portland, OR 97223

Estimated Value: $699,000 - $828,000

10 Beds
9 Baths
1,112 Sq Ft
$667/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $1,280,000 $1,151 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $4,541/month

126 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fireplace
  • Montclair Elementary School Rated A-
  • Cul-De-Sac
  • Air Conditioning

About This Home

As of June 2018

Fantastic investment opportunity with 4 houses on two huge tax lots. Original houses in great condition: one a 3/3 Craftsman with huge 3 car garage/shop; second home is mid-century home with attached garage; two new 2 bed, 2 bath ADUs (one on each tax lot) make for a lovely "compound" located on quiet, park-like setting in Garden Home. Can be sold together or separately - listed in Residential as well.

Last Agent to Sell the Property

Jarrett Altman

Neighborhood Works License #200003181 Listed on: 01/09/2018

Co-Listed By

Patrick Kayser

Neighborhood Works License #201209383

Last Buyer's Agent

Simon Wong

MORE Realty License #199910117

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,070

Year Built

  • Built in 1955

Lot Details

  • Cul-De-Sac
  • Landscaped with Trees

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Open Parking

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • Range
  • Washer and Dryer

Outdoor Features

  • Deck

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,070

Year Built

Built in 1955

Lot Details

0

Parking

8

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 1
  • Year Built: 1955
  • Property Condition: Existing
  • Remarks Public: Fantastic investment opportunity with 4 houses on two huge tax lots. Original houses in great condition: one a 3/3 Craftsman with huge 3 car garage/shop; second home is mid-century home with attached garage; two new 2 bed, 2 bath ADUs (one on each tax lot) make for a lovely "compound" located on quiet, park-like setting in Garden Home. Can be sold together or separately - listed in Residential as well.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: EVELYN SUBDIVISION OF LOTS 34, 35, 36, 41 & 42 GARDEN HOME, LOT P
  • Basement: None
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Vinyl Siding, Wood Siding
  • Lot Size: 1 to 2.99 Acres
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Open, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air - 90%

Condo/Co-op/Association

  • Unit Features: Deck, Fireplace, Range, Refrigerator, Washer/Dryer, Wood Floors, Air Conditioning

Schools

  • Elementary School: Montclair
  • Middle School: Whitford
  • High School: Southridge

Lot Info

  • Lot Description: Cul-de-sac, Trees
  • Zoning: R5

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 4109.26
  • Tax Deferral: Yes
  • Assessor Parcel Number: R0224536
  • Assessor Parcel Number 2: R0224545

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.79

MLS Schools

  • Elementary School: Montclair
  • High School: Southridge
  • Middle School: Whitford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2015
Sold by
Anderson Craig R and Anderson Lori
Bought by
7700 Sw Mayo Llc
Current Estimated Value
$741,846

Purchase Details

Closed on
Aug 1, 2012
Sold by
Anderson Lori and Zapp Lori
Bought by
Anderson Lori and Anderson Craig R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2002
Sold by
Sutton Gail and Christopherson Steven
Bought by
Zapp Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.89%
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
7700 Sw Mayo Llc $155,000 Fidelity National Title Co
Anderson Lori -- Mortgage Information Service
Zapp Lori $137,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Lori $152,500
Previous Owner Zapp Lori $110,000
Closed Zapp Lori $13,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $1,280,000 -1.4% $1,151 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $1,298,000 -- $1,167 / 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 $6,070 $333,860 -- --
2024 $5,703 $324,140 -- --
2023 $5,703 $314,700 $0 $0
2022 $5,511 $314,700 $0 $0
2021 $5,312 $296,650 $0 $0
2020 $5,152 $288,010 $0 $0
2019 $5,000 $279,630 $0 $0
2018 $4,835 $271,490 $0 $0
2017 $4,662 $263,590 $0 $0
2016 $4,109 $233,870 $0 $0
2015 $3,067 $175,550 $0 $0
2014 $2,699 $152,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jarrett Altman

    Seller's Agent in 2018

    Jarrett Altman

    Neighborhood Works

    (503) 407-4200

    117 Total Sales

    Jarrett Altman
    Section Image

  • P

    Seller Co-Listing Agent in 2018

    Patrick Kayser

    Neighborhood Works

  • Simon Wong

    Buyer's Agent in 2018

    Simon Wong

    MORE Realty

    (503) 804-2480

    33 Total Sales

    Simon Wong
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18157795

Regional Multiple Listing Service (RMLS)

APN: R0224536

Oregon Washington County Portland 97223

7700 SW Mayo St, Portland, OR

This home is located at 7700 SW Mayo St, Portland, OR 97223 since 09 January 2018 and is currently estimated at $741,846, approximately $667 per square foot. This property was built in 1955. 7700 SW Mayo St is a home located in Washington County with nearby schools including Montclair Elementary School, Whitford Middle School, and Southridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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