NOT LISTED FOR SALE

8512 N Willamette Blvd Unit 8516 Portland, OR 97203

Cathedral Park Neighborhood

Estimated Value: $804,000 - $889,000

6 Beds
6 Baths
2,592 Sq Ft
$328/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $832,000 $321 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,317/month

15 Days on Market

Highlights

  • Waterfront
  • Views
  • Wood Siding
  • Bluff on Lot
  • Washer and Dryer

About This Home

As of October 2021

FAB Turn-Key Triplex overlooking the St. Johns Bridge and Forest Park! 3-bedroom "owner's" unit includes stunning views and private outdoor patio dining space. Updated kitchens, new exterior paint, well-maintained grounds, bolted foundation, and simply pristine all around. Solid rental history and investment opportunity w/ room to grow. Only a few blocks to Cathedral Park and downtown St. John's dining/shops. DND Tenants. Write subject to interior inspection.

Last Agent to Sell the Property

Amber Turner

Think Real Estate License #200507324 Listed on: 08/24/2021

Co-Listed By

Natalie Schirm-Olson

Think Real Estate License #201224063

Last Buyer's Agent

PAUL WARREN

MORE Realty License #201242867

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,497

Year Built

  • Built in 1972

Lot Details

  • Waterfront
  • Bluff on Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,497

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2592
  • Stories: 2
  • Year Built: 1972
  • Property Condition: Existing
  • Remarks Public: FAB Turn-Key Triplex overlooking the St. Johns Bridge and Forest Park! 3-bedroom "owner's" unit includes stunning views and private outdoor patio dining space. Updated kitchens, new exterior paint, well-maintained grounds, bolted foundation, and simply pristine all around. Solid rental history and investment opportunity w/ room to grow. Only a few blocks to Cathedral Park and downtown St. John's dining/shops. DND Tenants. Write subject to interior inspection.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: JAMES JOHNS 2ND ADD, BLOCK 20, LOT 7
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: Territorial, Trees/Woods
  • Waterfront Description: River Front
  • Waterfront: Yes
  • Water Name: Willamette River
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • 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

Schools

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

Lot Info

  • Lot Description: Bluff
  • Zoning: RM2

Rental Info

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

Tax Info

  • Tax Amount: 6614.41
  • Assessor Parcel Number: R192099
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.78

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 25, 2021
Sold by
Jeray Kevin M and Jeray Samantha M
Bought by
Gross Evan James
Seller's Agent
Amber Turner
Think Real Estate
Buyer's Agent
PAUL WARREN
MORE Realty
List Price
$824,900
Sold Price
$832,000
Premium/Discount to List
$7,100
0.86%
Current Estimated Value
$849,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,644
Avg. Annual Appreciation
0.61%
Original Mortgage
$790,400
Outstanding Balance
$730,734
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$120,651

Purchase Details

Closed on
Mar 21, 2011
Sold by
Farrell Christine M
Bought by
Jeray Kevin M and Roddy Samantha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
5.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Gross Evan James $832,000 First American Title
Jeray Kevin M $275,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Evan James $790,400
Previous Owner Jeray Kevin M $208,199
Previous Owner Jeray Kevin M $201,200
Previous Owner Jeray Kevin M $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $832,000 +0.9% $321 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $824,900 -- $318 / 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 $7,497 $282,910 $0 $0
2022 $7,334 $274,670 $0 $0
2021 $7,210 $266,670 $0 $0
2020 $6,614 $258,910 $0 $0
2019 $6,371 $251,370 $0 $0
2018 $6,184 $244,050 $0 $0
2017 $5,927 $236,950 $0 $0
2016 $5,424 $230,050 $0 $0
2015 $5,123 $223,350 $0 $0
2014 $4,889 $216,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amber Turner

    Seller's Agent in 2021

    Amber Turner

    Think Real Estate

    (503) 847-2722

    4 in this area

    149 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Natalie Schirm-Olson

    Think Real Estate

    (503) 847-2722

    2 in this area

    110 Total Sales

    Section Image

  • P

    Buyer's Agent in 2021

    PAUL WARREN

    MORE Realty

    (562) 305-3226

    1 in this area

    28 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21551288

Regional Multiple Listing Service (RMLS)

APN: R192099

Oregon Multnomah County Portland 97203 Cathedral Park

8512 N Willamette Blvd Unit 8516, Portland, OR

This home is located at 8512 N Willamette Blvd Unit 8516, Portland, OR 97203 since 24 August 2021 and is currently estimated at $849,644, approximately $327 per square foot. This property was built in 1972. 8512 N Willamette Blvd Unit 8516 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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