NOT LISTED FOR SALE

7903 SE 17th Ave Unit 7909 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $697,000 - $990,000

4 Beds
4 Baths
3,900 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $850,000 $218 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,565/month

Highlights

  • Wood Flooring
  • Corner Lot
  • Property is near a bus stop
  • Llewellyn Elementary School Rated A-
  • Storage
  • High Speed Internet

About This Home

As of June 2021

Charming built-as 1940s fourplex in Sellwood! One bed/one bath units renovated in 2017. Hardwood floors, subway tile, quartz counters, high ceilings, tons of light. Newer DP windows, roof, ext/int paint, plumbing/water/sewer, decom. oil tank. Shared laundry, ind. storage. Cute backyard, 2 parking spaces. Great tenants, easy to rent. Walk/bike to Sellwood & WestMrlnd coffee, eateries, parks, New Seasons. Easy commute by car/bus/MAX. This is a dream for both owner & tenants!

Last Agent to Sell the Property

Joe Dressman

Think Real Estate License #200706105 Listed on: 05/21/2021

Think Real Estate

Last Buyer's Agent

Chelsea Lewis

Think Real Estate License #201212428

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,024

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • Corner Lot
  • Gentle Sloping Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage
  • Wood Flooring
  • Security Lights
  • Range

Unfinished Basement

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

Parking

  • Paved Parking
  • Assigned Parking

Location

  • Property is near a bus stop

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,024

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3900
  • Stories: 2
  • Year Built: 1948
  • Property Condition: Updated/Remodeled
  • Remarks Public: Charming built-as 1940s fourplex in Sellwood! One bed/one bath units renovated in 2017. Hardwood floors, subway tile, quartz counters, high ceilings, tons of light. Newer DP windows, roof, ext/int paint, plumbing/water/sewer, decom. oil tank. Shared laundry, ind. storage. Cute backyard, 2 parking spaces. Great tenants, easy to rent. Walk/bike to Sellwood & WestMrlnd coffee, eateries, parks, New Seasons. Easy commute by car/bus/MAX. This is a dream for both owner & tenants!
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MOSELEY ADD, BLOCK 1, LOT 1
  • Basement: Full Basement, Exterior Entry, Unfinished
  • Storage: Individual Storage Units, Basement

Exterior Features

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

Garage/Parking

  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Internet Service Type: Cable, Wireless
  • Security: Security Lights

Condo/Co-op/Association

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

Schools

  • Elementary School: Llewellyn
  • Middle School: Sellwood
  • High School: Cleveland

Lot Info

  • Lot Description: On Busline, Corner Lot, Gentle Sloping
  • Zoning: RM2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 8504.38
  • Assessor Parcel Number: R221152
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 15.09

MLS Schools

  • Elementary School: Llewellyn
  • High School: Cleveland
  • Middle School: Sellwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
John And Perla Lewis Family Trust and Lewis John
Bought by
Fitzcom Development Llc
Current Estimated Value
$888,667

Purchase Details

Closed on
Mar 23, 2023
Sold by
Lewis Perla
Bought by
John And Perla Lewis Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 7, 2021
Sold by
Mid Mod Properties Llc
Bought by
Lewis John and Lewis Perla
Seller's Agent
Joe Dressman
Think Real Estate
Buyer's Agent
Chelsea Lewis
Think Real Estate
List Price
$800,000
Sold Price
$850,000
Premium/Discount to List
$50,000
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%
Original Mortgage
$1,327,000
Interest Rate
2.9%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Feb 7, 2013
Sold by
Singson Peter Paul
Bought by
Mid Mod Properties Llc

Purchase Details

Closed on
Sep 19, 2012
Sold by
Singson Peter Paul
Bought by
Singson Peter Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2010
Sold by
Singson Peter P
Bought by
Singson Peter Paul and Peter Paul Singson Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2010
Sold by
Andre Daniel Y
Bought by
Singson Peter P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
4.23%
Mortgage Type
New Conventional
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
Fitzcom Development Llc -- None Listed On Document
John And Perla Lewis Family Trust -- Ticor Title
Lewis Perla -- Ticor Title
Lewis John $850,000 First American
Mid Mod Properties Llc -- None Available
Singson Peter Paul -- First American
Singson Peter Paul -- Fidelity Natl Title Co Of Or
Singson Peter P $470,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Perla $116,000
Previous Owner Lewis John $1,327,000
Previous Owner Singson Peter Paul $345,000
Previous Owner Singson Peter P $352,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $850,000 +6.3% $218 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $800,000 -- $205 / 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 $10,024 $374,650 -- --
2023 $9,639 $363,740 $0 $0
2022 $9,430 $353,150 $0 $0
2021 $9,270 $342,870 $0 $0
2020 $8,504 $332,890 $0 $0
2019 $8,192 $323,200 $0 $0
2018 $7,951 $313,790 $0 $0
2017 $7,621 $304,660 $0 $0
2016 $6,974 $295,790 $0 $0
2015 $6,791 $287,180 $0 $0
2014 $6,689 $278,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21586456

Regional Multiple Listing Service (RMLS)

APN: R221152