NOT LISTED FOR SALE

8407 N Druid Ave Portland, OR 97203

Portsmouth Neighborhood

Estimated Value: $491,000 - $590,000

4 Beds
2 Baths
1,792 Sq Ft
$305/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $314,000 $175 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,543/month

78 Days on Market

Highlights

  • Corner Lot
  • Parking Storage or Cabinetry
  • Wood Siding

About This Home

As of September 2015

Very solid N Pdx location, super close to Univ of Portland, University Park, and Columbia Park too. 5 minute drive to the hub of St. Johns Village, and 10 minutes to downtown. Building is a TH configured setup, each side gets outdoor space and own garage. Would be an excellent owner occupied property. Rents are well below market, so there is good opportunity to boost revenues yet. Please do not disturb tenants there.

Last Agent to Sell the Property

Chris Johnson

CORE, Realtors License #930700182 Listed on: 05/12/2015

Last Buyer's Agent

Gary Had

Gary Had Real Estate, Inc License #200502019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,005

Year Built

  • Built in 1997

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,005

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1792
  • Stories: 2
  • Year Built: 1997
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: PORTSMOUTH VILLA EXTD, BLOCK 7, LOT 31&32
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Garage Door Opener

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security Or Entry: Sidewalk

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Window Coverings

Schools

  • Elementary School: Rosa Parks
  • Middle School: George
  • High School: Roosevelt

Lot Info

  • Lot Description: Corner, Level
  • Zoning: R5

Tax Info

  • Tax Amount: 4083.80
  • Assessor Parcel Number: R248989

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.67

MLS Schools

  • Elementary School: Rosa Parks
  • High School: Roosevelt
  • Middle School: George

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Aug 26, 2015
Sold by
Gage Christian
Bought by
Parmegiani Andrea
Seller's Agent
Chris Johnson
CORE, Realtors
Buyer's Agent
Gary Had
Gary Had Real Estate, Inc
List Price
$325,000
Sold Price
$314,000
Premium/Discount to List
-$11,000
-3.38%
Current Estimated Value
$547,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,262
Avg. Annual Appreciation
5.68%
Original Mortgage
$235,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2007
Sold by
Logan Karl A
Bought by
Gage Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,660
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2005
Sold by
Fish Jeffrey P
Bought by
Logan Karl A and Logan Cheri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2001
Sold by
Fish Jeffrey Paul
Bought by
Fish Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1998
Sold by
Fish Construction Nw Inc
Bought by
Fish Jeffrey Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1997
Sold by
Johnson Johnny
Bought by
Fish Construction Nw Inc

Purchase Details

Closed on
Feb 6, 1997
Sold by
Johnson Rebecca
Bought by
Fish Construction Nw Inc
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
Parmegiani Andrea $314,000 Fidelity Natl Title Co Of Or
Gage Christian $277,400 Lawyers Title Ins
Logan Karl A $224,900 First American
Fish Jeffrey P -- First American
Fish Jeffrey Paul -- First American Title Ins Co
Fish Construction Nw Inc -- Chicago Title
Fish Construction Nw Inc -- Chicago Title
Fish Construction Nw Inc -- Chicago Title
Fish Construction Nw Inc $35,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parmegiani Andrea $175,000
Closed Parmegiani Andrea $235,000
Previous Owner Gage Christian $249,660
Previous Owner Logan Karl A $179,900
Previous Owner Fish Jeffrey P $144,000
Previous Owner Fish Jeffrey Paul $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $314,000 -3.4% $175 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $325,000 -- $181 / 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 $7,005 $261,830 -- --
2023 $6,736 $254,210 $0 $0
2022 $6,590 $246,810 $0 $0
2021 $6,479 $239,630 $0 $0
2020 $5,944 $232,660 $0 $0
2019 $5,725 $225,890 $0 $0
2018 $5,557 $219,320 $0 $0
2017 $5,326 $212,940 $0 $0
2016 $4,874 $206,740 $0 $0
2015 $4,746 $200,720 $0 $0
2014 $4,084 $194,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Johnson

    Seller's Agent in 2015

    Chris Johnson

    CORE, Realtors

    (971) 295-6164

    41 Total Sales

    Chris Johnson
    Section Image

  • G

    Buyer's Agent in 2015

    Gary Had

    Gary Had Real Estate, Inc

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15595268

Regional Multiple Listing Service (RMLS)

APN: R248989

Oregon Multnomah County Portland 97203 Portsmouth

8407 N Druid Ave, Portland, OR

This home is located at 8407 N Druid Ave, Portland, OR 97203 since 12 May 2015 and is currently estimated at $547,262, approximately $305 per square foot. This property was built in 1997. 8407 N Druid Ave is a home located in Multnomah County with nearby schools including Rosa Parks Elementary School, George Middle School, and Roosevelt High School.

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