NOT LISTED FOR SALE

8327 N Hurst Ave Unit 8329 Portland, OR 97203

Portsmouth Neighborhood

Estimated Value: $454,000 - $502,502

4 Beds
2 Baths
1,560 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $200,000 $128 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,949/month

18 Days on Market

Highlights

  • Landscaped with Trees
  • 1-Story Property
  • 4-minute walk to University Park
  • Level Lot

About This Home

As of May 2013

Excellent location near park!Well-maintained duplex in great university park area!Excellent investment property w/history of long term tenants & easy to rent.Major updates in the last few years include:Roof, Windows,siding & Some interior work!Cash flow opportunity!

Last Agent to Sell the Property

Wally Tesfa

Acquire Properties License #950900153 Listed on: 03/24/2013

Last Buyer's Agent

Beth Earnest

Earnest Real Estate License #920700088

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 1975

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,238

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1560
  • Stories: 1
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: UNIVERSITY PK, BLOCK 138, S 53' OF LOT 5-8

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Parking Description: Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Astor
  • High School: Roosevelt

Lot Info

  • Lot Description: Level, Trees
  • Zoning: R2.5

Tax Info

  • Tax Amount: 2501.40
  • Assessor Parcel Number: R292627

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.05

MLS Schools

  • Elementary School: Astor
  • High School: Roosevelt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2013
Closed on
May 24, 2013
Sold by
Lal Vinesh
Bought by
Webster Stuart S and Schmidt Anne
Seller's Agent
Wally Tesfa
Acquire Properties
Buyer's Agent
Beth Earnest
Earnest Real Estate
List Price
$204,900
Sold Price
$200,000
Premium/Discount to List
-$4,900
-2.39%
Current Estimated Value
$474,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,196
Avg. Annual Appreciation
7.34%
Original Mortgage
$150,000
Outstanding Balance
$107,984
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$366,751

Purchase Details

Closed on
Oct 25, 1995
Sold by
Pettit Phillip L
Bought by
Lal Vinesh and Lal Sobhna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.59%
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
Webster Stuart S $200,000 Ticor Title
Lal Vinesh $80,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webster Stuart S $150,000
Previous Owner Lal Vinesh $50,000
Previous Owner Lal Vinesh $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $200,000 -2.4% $128 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
03/24/2013 03/24/13 For Sale $204,900 -- $131 / 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 $4,238 $159,930 $0 $0
2022 $4,146 $155,280 $0 $0
2021 $4,076 $150,760 $0 $0
2020 $3,739 $146,370 $0 $0
2019 $3,602 $142,110 $0 $0
2018 $3,496 $137,980 $0 $0
2017 $3,351 $133,970 $0 $0
2016 $3,067 $130,070 $0 $0
2015 $2,986 $126,290 $0 $0
2014 $2,942 $122,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13348698

Regional Multiple Listing Service (RMLS)

APN: R292627