NOT LISTED FOR SALE

8427 SE 7th Ave Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $728,000 - $919,000

4 Beds
2 Baths
2,782 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $490,000 $176 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,204/month

98 Days on Market

Highlights

  • Custom Home
  • River View
  • Private Lot
  • Duniway Elementary School Rated 9+
  • Covered Deck
  • Vaulted Ceiling

About This Home

As of May 2018

Unique and charming property with views of the Willamette river, West hills, and Sellwood bridge. Walkable to all of Sellwood's amenities, yet very private on dead end street. Historic old home is a major fixer ready for a full remodel, or tear down and start fresh on this oversized lot. This property is truly one of a kind, and there are countless possibilities for the right buyer to create their own sanctuary right here in the city! [Home Energy Score = 2. HES Report at https://api.greenbuildingregistry.com/report/pdf/R266742-20180108.pdf]

Last Agent to Sell the Property

Jess McDonough

Neighbors Realty License #201206719 Listed on: 01/24/2018

Last Buyer's Agent

Steve Ahmed

Knipe Realty ERA Powered License #200801048

Knipe Realty ERA Powered

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,354

Year Built

  • Built in 1884

Lot Details

  • 8,276 Sq Ft Lot
  • Poultry Coop
  • Fenced
  • Private Lot
  • Secluded Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Garden
  • Raised Garden Beds
  • Property is zoned R5

Property Views

  • River
  • Woods
  • Seasonal

Home Design

  • Custom Home
  • Cottage
  • Composition Roof
  • Shingle Siding
  • Cement Siding

Interior Spaces

  • 2,782 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Natural Light
  • Double Pane Windows
  • Vinyl Clad Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Wood Flooring
  • Security System Owned
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub

Partially Finished Basement

  • Crawl Space
  • Natural lighting in basement

Parking

  • Carport
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Balcony
  • Covered Deck
  • Shed

Schools

  • Duniway Elementary School
  • Sellwood Middle School
  • Cleveland High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Accessibility Features
  • Green Certified Home

Community Details

  • No Home Owners Association
  • Sellwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number R266742

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,354

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 1884
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Cottage, CustomStyle
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: Deck,Fireplace,FrenchDoors
  • Room 13 Features: Balcony
  • Special Features: None

Interior Features

  • Accessibility Features: MainFloorBedroomBath, NaturalLighting
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, HighCeilings, SoakingTub, VaultedCeiling, WoodFloors
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: BonusRoom
  • Room 5 Features: Daylight,FrenchDoors
  • Room 5 Level: Lower
  • Basement: CrawlSpace, Daylight, PartiallyFinished
  • Window Features: DoublePaneWindows, VinylFrames, WoodFrames
  • Appliances: Dishwasher, FreeStandingRefrigerator, GasAppliances
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding,ShingleSiding
  • Exterior Features: CoveredDeck, Deck, Fenced, Garden, PoultryCoop, RaisedBeds, ToolShed, Workshop
  • Lot Size: 7,000 to 9,999 SqFt
  • View: Yes
  • Lot Features: GentleSloping, Private, Secluded, Trees
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: River,Seasonal,TreesWoods

Garage/Parking

  • Garage Type: Carport
  • Parking Description: Carport, Driveway
  • Attached Garage: No

Utilities

  • Energy Efficiency Features: AddedWallInsulation,ForcedAir90,PartialWallInsulation
  • Fuel Description: Gas
  • Hot Water: Gas,Tank
  • Security: SecuritySystemOwned
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Duniway
  • High School: Cleveland
  • Middle Or Junior School: Sellwood

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0
  • Parcel #: R266742

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Annual Amount: 6354.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2018
Sold by
Small David Bentley and Wise Christina Irene
Bought by
Small David Bentley
Current Estimated Value
$839,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,000
Outstanding Balance
$390,292
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$449,189

Purchase Details

Closed on
May 10, 2005
Sold by
Olson Jay M
Bought by
Rasmussen John T and Stark Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 3, 1995
Sold by
Olson Margaret E
Bought by
Olson Jay M and Olson Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.9%
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
Small David Bentley -- Wfg Title
Rasmussen John T $362,000 First American
Olson Jay M $125,000 Oregon Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Small David Bentley $443,000
Closed Rasmussen John T $289,600
Previous Owner Olson Jay M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2018 05/31/18 Sold $490,000 -24.6% $176 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $650,000 +5.0% $234 / Sq Ft
05/12/2017 05/12/17 Sold $619,000 -1.6% $223 / Sq Ft View Prior Sale
05/09/2017 05/09/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $629,000 -- $226 / 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 $8,837 $330,300 -- --
2023 $8,837 $320,680 $0 $0
2022 $8,314 $311,340 $0 $0
2021 $8,173 $302,280 $0 $0
2020 $7,498 $293,482 $0 $0
2019 $6,831 $269,500 $0 $0
2018 $6,630 $261,660 $0 $0
2017 $6,354 $254,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jess McDonough

    Seller's Agent in 2018

    Jess McDonough

    Neighbors Realty

    (503) 990-5025

    1 in this area

    81 Total Sales

    Jess McDonough
    Section Image

  • S

    Buyer's Agent in 2018

    Steve Ahmed

    Knipe Realty ERA Powered

    (503) 754-1323

    3 in this area

    79 Total Sales

    Steve Ahmed
    Section Image
  • Kyle Ball

    Seller's Agent in 2017

    Kyle Ball

    Premiere Property Group, LLC

    (503) 750-1420

    91 Total Sales

    Kyle Ball
    Section Image
  • Karoline Ashley

    Buyer's Agent in 2017

    Karoline Ashley

    Windermere Realty Trust

    (503) 819-4851

    2 in this area

    276 Total Sales

    Karoline Ashley
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17181395

Regional Multiple Listing Service (RMLS)

APN: R266742

Oregon Multnomah County Portland 97202 Sellwood

8427 SE 7th Ave, Portland, OR

This home is located at 8427 SE 7th Ave, Portland, OR 97202 since 24 January 2018 and is currently estimated at $839,481, approximately $301 per square foot. This property was built in 1884. 8427 SE 7th Ave is a home located in Multnomah County with nearby schools including Duniway Elementary School, Sellwood Middle School, and Cleveland High School.

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