NOT LISTED FOR SALE

7903 E Burnside St Unit 7915 Portland, OR 97215

Montavilla Neighborhood

Estimated Value: $717,446 - $950,000

7 Beds
5 Baths
5,045 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $730,000 $145 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,457/month

11 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Washer and Dryer
  • Corner Lot
  • Storage

About This Home

As of August 2021

Fantastic tri-plex in the heart of Montavilla. Generously sized units (1380, 1595 and 1901 square feet). Hardwood flrs in unit 7903, laminate flooring in unit 7909 and ww carpet in 7915. Coved ceilings, well-lit rooms with Southern exposure, arched doorways, full bsmants, 1-2bdrms 2 bths, 1-2 bdrms 1 1/2 bths, 1-3 bdrms 1/2 bths, 400+ sq ft in basement with separate entrance used as storage by owner (not rentable as a storage unit). Beautifully lndscpd, low maintenance grounds, 3 garages

Last Agent to Sell the Property

Gary Slac

Vantage Point Properties Inc License #870700030 Listed on: 06/23/2021

Last Buyer's Agent

Mary Mayther-Slac

Vantage Point Properties Inc License #870400061

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,255

Year Built

  • Built in 1949

Lot Details

  • Corner Lot

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer
  • Wood Flooring
  • Range

Partially Finished Basement

  • Exterior Basement Entry
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes gas, heat, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,255

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5045
  • Stories: 2
  • Year Built: 1949
  • Property Condition: Existing
  • Remarks Public: Fantastic tri-plex in the heart of Montavilla. Generously sized units (1380, 1595 and 1901 square feet). Hardwood flrs in unit 7903, laminate flooring in unit 7909 and ww carpet in 7915. Coved ceilings, well-lit rooms with Southern exposure, arched doorways, full bsmants, 1-2bdrms 2 bths, 1-2 bdrms 1 1/2 bths, 1-3 bdrms 1/2 bths, 400+ sq ft in basement with separate entrance used as storage by owner (not rentable as a storage unit). Beautifully lndscpd, low maintenance grounds, 3 garages
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MT TABOR VILLA ANX, BLOCK 11, LOT 12
  • Basement: Exterior Entry, Partially Finished, Storage Space
  • Storage: Attached, Basement

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Management Name: on file
  • Unit Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer

Schools

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

Lot Info

  • Lot Description: On Busline, Corner Lot
  • Zoning: R2.5

Rental Info

  • Rent Includes: Gas, Heat, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 9929.64
  • Assessor Parcel Number: R222516
  • Tax Year: 2020

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.04

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 27, 2021
Sold by
Equity Llc
Bought by
Martinax Holdings Llc
Seller's Agent
Gary Slac
Vantage Point Properties Inc
Buyer's Agent
Mary Mayther-Slac
Vantage Point Properties Inc
List Price
$699,950
Sold Price
$730,000
Premium/Discount to List
$30,050
4.29%
Total Days on Market
11
Current Estimated Value
$808,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,112
Avg. Annual Appreciation
2.00%
Original Mortgage
$530,000
Outstanding Balance
$57,029
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$730,798

Purchase Details

Closed on
Feb 8, 2011
Sold by
Friedenberg Sam
Bought by
Equity Llc

Purchase Details

Closed on
Nov 24, 2010
Sold by
Friedenberg Sam
Bought by
Friedenberg Samuel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2010
Sold by
Equity Llc
Bought by
Friedenberg Sam

Purchase Details

Closed on
Aug 7, 2007
Sold by
Friedenberg Sam and Friedenberg Andrew L
Bought by
Equity Llc

Purchase Details

Closed on
Nov 10, 2006
Sold by
Friedenberg Sam
Bought by
Equity Llc

Purchase Details

Closed on
Apr 7, 2006
Sold by
Poulsen Barbara
Bought by
Friedenberg Sam and Friedenberg Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Martinax Holdings Llc $730,000 First American
Equity Llc -- None Available
Friedenberg Samuel C -- Chicago Title Insurance Co
Friedenberg Sam -- Accommodation
Equity Llc $107,000 None Available
Equity Llc -- None Available
Friedenberg Sam $470,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinax Holdings Llc $530,000
Previous Owner Friedenberg Samuel C $215,000
Previous Owner Friedenberg Sam $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $730,000 +4.3% $145 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $699,950 -- $139 / 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
2023 $11,255 $424,720 $0 $0
2022 $11,011 $412,350 $0 $0
2021 $10,824 $400,340 $0 $0
2020 $9,930 $388,680 $0 $0
2019 $9,565 $377,360 $0 $0
2018 $9,283 $366,370 $0 $0
2017 $8,897 $355,700 $0 $0
2016 $8,142 $345,340 $0 $0
2015 $7,929 $335,290 $0 $0
2014 $7,809 $325,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21501340

Regional Multiple Listing Service (RMLS)

APN: R222516