NOT LISTED FOR SALE

903 SE Franklin St Unit 915 Portland, OR 97202

Brooklyn Neighborhood

Estimated Value: $612,000 - $707,000

4 Beds
3 Baths
2,370 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $655,000 $276 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,295/month

60 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Wood Siding
  • Cleveland High School Rated A-
  • Washer and Dryer
  • 2-minute walk to Brooklyn Park

About This Home

As of December 2021

Don't miss this rare offering of 2 "detached" homes on a corner lot in the hip Brooklyn neighborhood. 903 vacant Nov 1, 2021 for ideal for owner occ or an investment. "Both" homes have been tastefully updated-corner unit #903 has 2 bed/1 bath, full basement & rents for $1700/month, market rent is $2200 and can rent for more. Unit #915 has 2 beds/2 baths (no basement) & rents for $1800/month. Both have ample onsite storage & on-street parking.

Last Agent to Sell the Property

Kayla Davis

Hardy Properties License #201237625 Listed on: 08/20/2021

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,884

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Utilities

  • Gas Water Heater

Community Details

  • 2 Units
  • Property managed by Text/Call LA to show

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,884

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2370
  • Stories: 1
  • Year Built: 1900
  • Property Condition: Updated/Remodeled
  • Remarks Public: Don't miss this rare offering of 2 "detached" homes on a corner lot in the hip Brooklyn neighborhood. 903 vacant Nov 1, 2021 for ideal for owner occ or an investment. "Both" homes have been tastefully updated-corner unit #903 has 2 bed/1 bath, full basement & rents for $1700/month, market rent is $2200 and can rent for more. Unit #915 has 2 beds/2 baths (no basement) & rents for $1800/month. Both have ample onsite storage & on-street parking.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: BEACON HTS, BLOCK 4, INC STRIP 30' WIDE E OF & ADJ LOT 10
  • Basement: Crawl Space, Unfinished
  • Storage: Individual Storage Units, Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 3K-4,999SF
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned, Off Site

Utilities

  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Security: None

Condo/Co-op/Association

  • Management Name: Text/Call LA to show
  • Unit Features: Dishwasher, Hardwood Floors, Range, Washer/Dryer

Schools

  • Elementary School: Grout
  • Middle School: Hosford
  • High School: Cleveland

Lot Info

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

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 5173.56
  • Assessor Parcel Number: R112435
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.07

MLS Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Dec 7, 2021
Sold by
Hall Mychal Christopher
Bought by
Brown Ronald A and Mckinney Kristine L
Seller's Agent
Kayla Davis
Hardy Properties
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$674,950
Sold Price
$655,000
Premium/Discount to List
-$19,950
-2.96%
Current Estimated Value
$658,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,707
Avg. Annual Appreciation
0.16%
Original Mortgage
$491,250
Outstanding Balance
$456,595
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$202,112

Purchase Details

Closed on
Oct 27, 2020
Sold by
Dumdeang Dona
Bought by
Hall Mychal Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2019
Closed on
Feb 7, 2020
Sold by
Cannon Laura
Bought by
Dumdeang Dona
Seller's Agent
Leslie Jones
RE/MAX Equity Group
Buyer's Agent
Michael Smira
John L. Scott Portland Central
List Price
$399,900
Sold Price
$399,950
Premium/Discount to List
$50
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$535,754
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 18, 2019
Closed on
Jan 27, 2020
Sold by
Cannon Laura
Bought by
Cannon Laura and Big Mom Irrevocable Trust
Seller's Agent
Leslie Jones
RE/MAX Equity Group
Buyer's Agent
Michael Smira
John L. Scott Portland Central
List Price
$399,900
Sold Price
$399,950
Premium/Discount to List
$50
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,754
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2018
Sold by
Cannon Joseph T
Bought by
Cannon Joseph Thomas and Big Mom Trust

Purchase Details

Closed on
Jun 9, 1997
Sold by
Cannon Leslie J
Bought by
Cannon Joseph T
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
Brown Ronald A $655,000 Fidelity National Ttl Of Or
Hall Mychal Christopher $580,000 Fidelity Natl Ttl Co Of Or
Dumdeang Dona $399,950 First American
Cannon Laura -- Accommodation
Cannon Joseph Thomas -- None Available
Cannon Joseph T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Ronald A $491,250
Previous Owner Hall Mychal Christopher $413,000
Previous Owner Dumdeang Dona $535,754
Previous Owner Cannon Joseph T $58,500
Previous Owner Cannon Joseph Thomas $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $655,000 -3.0% $276 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $674,950 +68.8% $285 / Sq Ft
02/21/2020 02/21/20 Sold $399,950 0.0% $167 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/18/2019 08/18/19 For Sale $399,900 -- $167 / 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 $7,884 $297,520 $0 $0
2022 $7,713 $288,860 $0 $0
2021 $7,582 $280,449 $0 $0
2020 $5,174 $202,510 $0 $0
2019 $4,983 $196,620 $0 $0
2018 $4,837 $190,900 $0 $0
2017 $4,636 $185,340 $0 $0
2016 $4,243 $179,950 $0 $0
2015 $4,131 $174,710 $0 $0
2014 $4,069 $169,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21356073

Regional Multiple Listing Service (RMLS)

APN: R112435