NOT LISTED FOR SALE

8120 N Jersey St Unit 8124 Portland, OR 97203

Saint Johns Neighborhood

Estimated Value: $712,000 - $958,596

5 Beds
4 Baths
4,452 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $935,000 $210 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,093/month

14 Days on Market

About This Home

As of August 2021

N Jersey St 4plex is a rare opportunity to own in the heart of St. Johns, less than 2 miles from U of P & walking distance to many amenities. The neighborhood has undergone revitalization in recent years & continues to see new growth. Strong operating history & many improvements while offering upside potential. 1 unit has an unfinished basement with potential to add an additional bd/ba and garner higher rents. Retains the charm of a vintage building with modern upgrades in an excellent location.

Last Agent to Sell the Property

Joseph Chaplik

Joseph Bernard LLC License #200411049 Listed on: 06/18/2021

Last Buyer's Agent

Lennard Joseph

Keller Williams PDX Central License #201211912

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1926

Lot Details

  • 5,009

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Range
  • Washer and Dryer
  • Finished Basement

Utilities

  • Electric Water Heater

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

$4,052

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4452
  • Stories: 2
  • Year Built: 1926
  • Property Condition: Existing
  • Remarks Public: N Jersey St 4plex is a rare opportunity to own in the heart of St. Johns, less than 2 miles from U of P & walking distance to many amenities. The neighborhood has undergone revitalization in recent years & continues to see new growth. Strong operating history & many improvements while offering upside potential. 1 unit has an unfinished basement with potential to add an additional bd/ba and garner higher rents. Retains the charm of a vintage building with modern upgrades in an excellent location.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SEVERANCE ADD, BLOCK 3, LOT 8
  • Basement: Finished, Partially Finished
  • Storage: Basement

Exterior Features

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: James John
  • Middle School: George
  • High School: Roosevelt

Lot Info

  • Zoning: R1

Rental Info

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

Tax Info

  • Tax Amount: 3575.59
  • Assessor Parcel Number: R268706
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 15.71

MLS Schools

  • Elementary School: James John
  • High School: Roosevelt
  • Middle School: George

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 31, 2021
Sold by
8120 North Jersey Llc
Bought by
Stpehenson Kimberly and Stpehenson Criag
Seller's Agent
Joseph Chaplik
Joseph Bernard LLC
Buyer's Agent
Lennard Joseph
Keller Williams PDX Central
List Price
$990,000
Sold Price
$935,000
Premium/Discount to List
-$55,000
-5.56%
Current Estimated Value
$861,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,894
Avg. Annual Appreciation
0.95%
Original Mortgage
$650,000
Outstanding Balance
$603,869
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$367,275

Purchase Details

Listed on
Nov 13, 2018
Closed on
Aug 26, 2019
Sold by
North Jersey Properties Llc
Bought by
8120 North Jersey Llc
Seller's Agent
Joseph Chaplik
Joseph Bernard LLC
Buyer's Agent
Joseph Chaplik
Joseph Bernard LLC
List Price
$775,000
Sold Price
$688,000
Premium/Discount to List
-$87,000
-11.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.42%
Original Mortgage
$516,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2016
Sold by
Mayer Stephen M
Bought by
North Jersey Properties Llc

Purchase Details

Listed on
Jun 14, 2015
Closed on
Jul 1, 2015
Sold by
Hutchinson George B
Bought by
Mayer Stephen M and Mayer Andrea
Seller's Agent
Marc Rogers
Township Properties
Buyer's Agent
Andrea Mayer
Keller Williams PDX Central
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$315,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2000
Sold by
J J F L Investments Ltd
Bought by
Hutchinson George B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.63%
Mortgage Type
Purchase Money Mortgage
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
Stpehenson Kimberly $935,000 Ticor Title Company Of Or
8120 North Jersey Llc $688,000 Wfg Title
North Jersey Properties Llc -- None Available
Mayer Stephen M $525,000 First American
Hutchinson George B $245,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stpehenson Kimberly $650,000
Previous Owner 8120 North Jersey Llc $516,000
Previous Owner Mayer Stephen M $315,000
Previous Owner Hutchinson George B $180,050
Previous Owner Hutchinson George B $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $935,000 -5.6% $210 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $990,000 +43.9% $222 / Sq Ft
09/05/2019 09/05/19 Sold $688,000 -11.2% $154 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
11/13/2018 11/13/18 For Sale $775,000 +47.6% $174 / Sq Ft
08/14/2015 08/14/15 Sold $525,000 0.0% $127 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/14/2015 06/14/15 For Sale $525,000 -- $127 / 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 $4,052 $152,920 $0 $0
2022 $3,964 $148,470 $0 $0
2021 $3,897 $144,150 $0 $0
2020 $3,576 $139,960 $0 $0
2019 $3,444 $135,890 $0 $0
2018 $3,343 $131,940 $0 $0
2017 $3,204 $128,100 $0 $0
2016 $2,932 $124,370 $0 $0
2015 $2,855 $120,750 $0 $0
2014 $2,812 $117,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joseph Chaplik

    Joseph Bernard LLC

  • L

    Buyer's Agent in 2021

    Lennard Joseph

    Keller Williams PDX Central

  • M

    Seller's Agent in 2015

    Marc Rogers

    Township Properties

    (503) 703-0964

    10 Total Sales

    Section Image
  • Kathy Rogers

    Seller Co-Listing Agent in 2015

    Kathy Rogers

    Township Properties

    (503) 703-0964

    7 Total Sales

    Section Image

  • A

    Buyer's Agent in 2015

    Andrea Mayer

    Keller Williams PDX Central

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21511338

Regional Multiple Listing Service (RMLS)

APN: R268706

Oregon Multnomah County Portland 97203 Saint Johns

8120 N Jersey St Unit 8124, Portland, OR

This home is located at 8120 N Jersey St Unit 8124, Portland, OR 97203 since 18 June 2021 and is currently estimated at $857,149, approximately $192 per square foot. This property was built in 1926. 8120 N Jersey St Unit 8124 is a home located in Multnomah County with nearby schools including James John Elementary School, George Middle School, and Roosevelt High School.

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