Market Analysis

Page 1

COMPARATIVE MARKET ANALYSIS


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Comparative Market Analysis

3615 NE GRAND AVE Portland, OR 97212 Acres, Number of: 0.11

Bedrooms: 4

Bathrooms: 1.1

Recommended Price: $419,900 ($374,900 - $449,900) Prepared By

Charity Adams Broker

M Realty, LLC 2211 NW Front Avenue Portland OR

Phone: 503-479-8669 Cell: 503-381-6334 E-mail: charitypdx@gmail.com

Charity Adams RE

This report is not intended to meet the requirements set out in the Uniform Standards of Appraisal Practice and is not intended as an appraisal. If an appraisal is desired, the services of a competent professional licensed appraiser should be obtained.

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M R EA L T Y

SUBJECT PROPERTY

Charity Adams Oregon Broker M Realty, LLC 503.381.6334 direct

charitypdx@gmail.com charitypdx.com


RMLSweb - Tax Full

http://www.rmlsweb.com/V2/engine/reportgen.asp?PMD=1&S... 5/14/2015 10:42:09 AM

Charity Adams

Presented by:

M Realty LLC. MULTNOMAH COUNTY, OR Tax ID:

R207209

Prop Addr: City/State/Zip:

3615 NE GRAND AVE PORTLAND OR 97212-2104

Owner Name: Owner Addr: City/State/Zip:

ERLICH KRISTINE G 3615 NE GRAND AVE PORTLAND OR 97212-2104

Lot SqFt:

5000

Year Built: Eff Yr Built: Style: Stories: # of Bldgs: Bldg Code: Fireplace: Fireplace Type: Foundation: Exterior Finish:

1996 1996 2 1 SINGLE FAMILY

Current: Prior: Title Co: Lender: Loan Type:

LAND INFORMATION Lot Dim: 50x100 BUILDING INFORMATION Bedrooms: 3 Bathrooms: 1.1 Living SF: 1834 Bldg SF: 1834 Bldg SF Ind: LIVING Bsmnt SF:

SALES INFORMATION Sale Date 6/20/2007 6/13/2005

TICOR TITLE AMERICAS WHOLESALE LENDER CONVENTIONAL

Tax Period: Tax Year: Tax Amt:

14-15 2014 $3,897.23

Map Page: Map Column: Map Row:

596 G 2

Nbrhd Code: School Dist:

R161

Prop Class:

1 of 2

DEED OF TRUST DEED OF TRUST

7041895 Multnomah C032

OWNER INFORMATION Phone: Carrier Rt:

C032

Acreage:

0.11

Parking SF: Garage: Fuel: Heat Method: Sewer: Roof Cover: Roof Type: Air Cond:

CONCRETE WOOD Deed Type

Latest Listing ID: County: Carrier Rt:

ELECTRIC FORCED AIR PUBLIC COMPOSITION GABLE

Sale Price

Document No

$326,000 $269,500

000000114056 000000111213

Vest Type: Loan Amt: $293,400

TAX INFORMATION Market Land: $161,000 Market Impv: $181,270 Market Total: $342,270

Assessed Total: $162,460

LEGAL INFORMATION Map Code: 1N-1E-23-SW-SW Township: 01N Range: 01E Section: 23 Qtr Section: SW 16th Section: SW

Census Tract: Census Block: Lot: Zoning: Tax Area Code: Tax Rate:

33022030 22 14 CG 710 0.000

SINGLE FAMILY RESIDENCE / TOWNHOUSE

5/14/15 10:42 AM


M R EA L T Y

COMPARABLE LISTINGS

A c t i v e – P e n d i n g – S o l d

Charity Adams Oregon Broker M Realty, LLC 503.381.6334

charitypdx@gmail.com charitypdx.com


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Comparables to Your Home 4067 NE 15TH AVE

Portland MLS#: 15205039 Beds/Baths: 3 / 2.0 Map Coord: 596 / H / 1 Fireplaces: Elem: Sabin

Status: SQFT: YrBuilt: Garage: High:

97212

RES PEN PTax/Yr: Lot Size: Area: Style: Acres:

PEN 1460 1908 0 Grant

$349,900

$1,068 0-2,999SF 142 BUNGALO 0.06

Directions: NE Fremont to NE 15th to Property Remarks: Remod PDX Bungalow w/coverd frnt prch in sought aftr Sabin Dist nr AlbertaArts!Grant HS!WlkScr81/BikeScr74;near cafe's,Starbcks,WholeFds,NewSeasons,parks!New ktchn w/slab cntrtps,can lights&SS applncs,new intr/extr paint,remod bthrms,tile,vinyl wndws,laminate wd flrs,newr gas frnce,roof&gutters,updatd fixtrs,flexibl bonus spaces,new doors&millwork!Nicely landscpd&peaceful bckyard! 3rd bedroom (Non Conforming)/ Bonus 4113 NE 8TH AVE

Portland MLS#: 15246411 Beds/Baths: 4 / 3.0 Map Coord: 596 / H / 1 Fireplaces: Elem: Sabin

Status: SQFT: YrBuilt: Garage: High:

97211

RES PEN PTax/Yr: Lot Size: Area: Style: Acres:

PEN 1830 1906 0 Grant

$385,000

$1,150 5K-6,999SF 142 VICT 0.11

Directions: From MLK go east on NE Shaver and left on NE 8th Ave. Remarks: Sweet Victorian home with an updated kitchen, new roof, furnace, wiring, and plumbing. Wonderful organic garden with raspberries, lilacs, rosemary, grapes and a chicken coop. Attached art studio with a sink and easy access to bathroom and bright finished basement. Could be a separate rental or private roommate setup. Great close-in neighborhood. Walk to the Williams or Alberta business districts or Irving Park. Grant High. Low Taxes!!! 822 NE MASON ST

Portland MLS#: 15134795 Beds/Baths: 3 / 2.0 Map Coord: 596 / H / 1 Fireplaces: 0 Elem: Sabin

Status: SQFT: YrBuilt: Garage: High:

97211

RES SLD PTax/Yr: Lot Size: Area: Style: Acres:

SLD 1560 1909 0 Grant

$385,100

$1,946 0-2,999SF 142 TRAD 0.04

Directions: MLK to NE Mason Remarks: True 3 BD, 2 BA is open & light filled. Circular flr plan w/designer touches throughout top to bottom remod. Custom kitch features granite slab counters, tile backsplash, ss applcs, & tile floors. New deck,fenced yard & plenty of curb appeal. Only 4 blocks from Alberta, close to all the shops, restaurants, parks & amenities that area has to offer. Sought after Sabin/Grant schools. 4515 NE 19TH AVE

Portland MLS#: 15329836 Beds/Baths: 4 / 2.1 Map Coord: / / Fireplaces: 1 Elem: Sabin

Status: SQFT: YrBuilt: Garage: High:

SLD 1552 2008 1 Grant

97211

RES SLD PTax/Yr: Lot Size: Area: Style: Acres:

$468,040

$5,567 3K-4,999SF 142 TRAD 0.07

Directions: Between Alberta and Prescott Remarks: Just 2 blocks to Alberta St. and a stones throw from Hydro Park. Be a part of the fabulous art and restaurant scene that this neighborhood has to offer. Charming, newer move-in ready 4 bedroom home with hardwood floors, granite counters & open living concept, Pottery Barn fixtures, Rustic barn wood accent walls. Solar electricity!! Current seller tends to get refund 8 out of 12 months. Central AC! Š RMLS™ 2015. ALL RIGHTS RESERVED. - INFORMATION NOT GUARANTEED AND SHOULD BE VERIFIED. SQUARE FOOTAGE IS APPROXIMATE & MAY INCLUDE BOTH FINISHED & UNFINISHED AREAS - CONSULT BROKER FOR INFO. SCHOOL AVAILABILITY SUBJECT TO CHANGE.

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3910 N HAIGHT AVE

Portland MLS#: 15124332 Beds/Baths: 4 / 3.0 Map Coord: 596 / F / 1 Fireplaces: 0 Elem: Boise-Eliot

Status: SQFT: YrBuilt: Garage: High:

97227

ACT 2784 1906 0 Grant, Jefferson

RES ACT PTax/Yr: Lot Size: Area: Style: Acres:

$439,900

$2,152 3K-4,999SF 141 BUNGALO,2STORY 0.11

Directions: Fremont. North on Haight - right side of street across from Park Remarks: Complete remodel! New windows, insulation, siding, updated electrical panel, plumbing & solar tubes. 4 beds & 3 full baths, bamboo floors, spacious kitchen w/ granite counters. Spacious master bedroom suite. Huge, fenced yard w/ stone patio, garden beds, rain garden, blueberries, raspberries etc.! Walk 2 New Seasons, Blue Star Donut, Tasty n' Sons, Lardo, Mississippi Pizza, Ristretto Roasters etc. Bike score = 91! 5406 N MICHIGAN AVE

Portland MLS#: 15212191 Beds/Baths: 4 / 2.0 Map Coord: 566 / F / 7 Fireplaces:

Status: SQFT: YrBuilt: Garage:

Elem:

High:

Beach

97217

ACT 2588 1906 0 Jefferson, Roosevelt

RES ACT

$449,000

PTax/Yr: Lot Size: Area: Style:

$3,356 3K-4,999SF 141 TRAD,2STORY

Acres:

0.11

Directions: N Killingsworth, South on N Michigan Ave Remarks: Humboldt Four Bedroom! One block to Killingsworth shops and restaurants, PCC. Walk to Mississippi shops, Peninsula Park. Perfect location. Master Suite. All four bedrooms are spacious with an extra bonus room! Vaulted living room, formal dining room. Master Suite. Fenced yard with garden spaces and driveway. 1341 NE SUMNER ST

Portland MLS#: 15515702 Beds/Baths: 3 / 2.1 Map Coord: 566 / H / 7 Fireplaces: Elem: Vernon

Status: SQFT: YrBuilt: Garage: High:

97211

RES ACT PTax/Yr: Lot Size: Area: Style: Acres:

ACT 1780 1913 1 Jefferson

$449,000

$1,919 3K-4,999SF 142 BUNGALO 0.07

Directions: Bw Alberta and Killingsworth, take NE13th to NE Sumner and go East Remarks: Picture perfect bungalow on a nice quiet dead end street. Just a two minute walk to all the fun on Alberta. Basement is Airbnb/rental ready. Gorgeous built-ins, thoughtfully updated kitchen, a zenned out yard, this place is just stacked with character! 6107 NE 10TH AVE

Portland MLS#: 15364781 Beds/Baths: 4 / 2.0 Map Coord: / / Fireplaces: 1 Elem: Woodlawn

Status: SQFT: YrBuilt: Garage: High:

ACT 2708 1908 0 Jefferson

97211

RES ACT PTax/Yr: Lot Size: Area: Style: Acres:

$534,900

$2,983 3K-4,999SF 142 VICT,CRAFTSM 0.11

Directions: Ainsworth North on NE 10th Remarks: OH Sat 5/16 10-12pm. Charming blend of Craftsman architecture outside, fantastic modern updates inside! So many stunning details: High & coved ceilings, beautiful gas fireplace, built-ins, cherry hardwoods, refurbished fir floors, bathrooms w/tile-work & heated floors plus newer cooks kitchen has all new appliances in 2014! Fully finished basement w/ext entrance and 1/2 bath plumbing prepped w/permits. Partial new roof 09, New AC 2013. Š RMLS™ 2015. ALL RIGHTS RESERVED. - INFORMATION NOT GUARANTEED AND SHOULD BE VERIFIED. SQUARE FOOTAGE IS APPROXIMATE & MAY INCLUDE BOTH FINISHED & UNFINISHED AREAS - CONSULT BROKER FOR INFO. SCHOOL AVAILABILITY SUBJECT TO CHANGE.


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Summary of Comparable Listings Active Listings Cat

MLS#

Area

RES 7041895

Type

142

Address

City

3615 NE GRAND AVE , Portland, OR 97212

Portland

Yr Built Bdrms Baths

1996

4

1.1

SQFT

Price

1546

$419,900

RES 15124332

141 DETACHD 3910 N HAIGHT AVE

Portland

1906

4

3.0

2784

$439,900

RES 15212191

141 DETACHD 5406 N MICHIGAN AVE

Portland

1906

4

2.0

2588

$449,000

RES 15515702

142 DETACHD 1341 NE SUMNER ST

Portland

1913

3

2.1

1780

$449,000

RES 15364781

142 DETACHD 6107 NE 10TH AVE

Portland

1908

4

2.0

2708

$534,900

Yr Built Bdrms Baths

SQFT

Price

1546

$419,900

Pending Listings Cat

MLS#

RES 7041895

Area

Type

142

Address

City

3615 NE GRAND AVE , Portland, OR 97212

Portland

1996

4

1.1

RES 15205039

142 DETACHD 4067 NE 15TH AVE

Portland

1908

3

2.0

1460

$349,900

RES 15246411

142 DETACHD 4113 NE 8TH AVE

Portland

1906

4

3.0

1830

$385,000

Yr Built Bdrms Baths

SQFT

Price

1546

$419,900

Sold Listings Cat

MLS#

RES 7041895

Area

142

Type

Address

City

3615 NE GRAND AVE , Portland, OR 97212

Portland

1996

4

1.1

RES 15134795

142 DETACHD 822 NE MASON ST

Portland

1909

3

2.0

1560

$385,100

RES 15329836

142 DETACHD 4515 NE 19TH AVE

Portland

2008

4

2.1

1552

$468,040

© RMLSâ„¢ 2015. ALL RIGHTS RESERVED. - INFORMATION NOT GUARANTEED AND SHOULD BE VERIFIED. SQUARE FOOTAGE IS APPROXIMATE & MAY INCLUDE BOTH FINISHED & UNFINISHED AREAS - CONSULT BROKER FOR INFO. SCHOOL AVAILABILITY SUBJECT TO CHANGE.


M R EA L T Y

PRICE OPINION

C u r r e n t M a r k e t V a l u e

Charity Adams Oregon Broker M Realty, LLC 503.381.6334

charitypdx@gmail.com charitypdx.com


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Pricing Your Home Price Status

#

Minimum

Average

Sqft Median

Maximum

Average

$/Sqft Median

Average

CDOM Average

Median

ACT

4 $439,900 $468,200 $449,000 $534,900

2,465

2,648

$190

N/A

N/A

PEN

2 $349,900 $367,450 $367,450 $385,000

1,645

1,645

$224

23

23

SLD

2 $385,100 $426,570 $426,570 $468,040

1,556

1,556

$275

4

4

Total Listings:

Sold Properties closed averaging 110.10% of their Final List Price. This reflects a -10.10% difference between Sale Price and List Price. If SNL status or Sold Auction listings are included, the 8 Sold Price to List Price ratio will be affected because the ratio is always 100% for SNL and Sold Auction listings. Amount

$/Sqft

Min. List Price:

$349,900

$225

Avg. List Price:

$422,825

$209

Max. List Price:

$534,900

$198

Average Sale Price:

$426,570

$275

Min:

$374,900

$242

Max:

$449,900

$291

Recommended:

$419,900

$271

Recommended List Price

**Note: Comparable listings with SQFT=0 are excluded from all Price/SQFT calculations How the Recommended Price Looks in the Market

Š RMLS™ 2015. ALL RIGHTS RESERVED. - INFORMATION NOT GUARANTEED AND SHOULD BE VERIFIED. SQUARE FOOTAGE IS APPROXIMATE & MAY INCLUDE BOTH FINISHED & UNFINISHED AREAS - CONSULT BROKER FOR INFO. SCHOOL AVAILABILITY SUBJECT TO CHANGE.

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M R EA L T Y

MARKETING MATTERS

E x c e p t i o n a l q u a l i t y s t a n d a r d s c a p t u r e t h e s t o r y o f y o u r h o m e .

Charity Adams Oregon Broker M Realty, LLC 503.381.6334

charitypdx@gmail.com charitypdx.com


MARKETING MATTERS We promote the story of your home online and in print, in a manner which captures the attention of people ready to buy.

Charity Adams From listing to closing, I am committed to navigating the entire sale process with you, using my expertise to sell your home smoothly, for top price. I will actively target the types of buyers most likely to want your home, and I will advise you about the home repairs and improvements that will maximize your asking price. I am committed to working with you individually and taking the time to understand the unique selling points of your home and neighborhood. You can be comfortable with, and confident in me. My committed approach is friendly, professional, thorough and honest and as an experienced agent and Portland native, I’m passionate about our community. We appreciate the opportunity to earn your business.

MEET MY MEDIA TEAM

Greg Boone Media Director

Jeff Brooks Marketing Director

Ali Grigar Multimedia Artist

Ivan Limongan Graphic Designer


DISCOVER

CAPTURE

PRESENT

DISCOVER THE UNCOMMON STORY Your home has a story to tell. The story comes alive when we uncover a deeper sense of how you live in your home and experience its various spaces and qualities.

REACH

ENGAGE


DISCOVER

CAPTURE

PRESENT

REACH

ENGAGE

CAPTURE THE EXPERIENCE M Realty is the only brokerage in Portland with an in-house media team that collaborates with our agents on each listing to capture the story with photos, video, copywriting, and design.


DISCOVER

CAPTURE

PRESENT

REACH

ENGAGE

PRESENT BEAUTIFULLY ONLINE AND IN PRINT We build a complete website for your home that combines professional photos with carefully crafted videos-creating an experience that keeps serious home-seekers engaged. We also produce in-house, high quality print pieces including multi-page, bound 'SuperFlyer' with high resolution pictures.


DISCOVER

CAPTURE

PRESENT

REACH

ENGAGE

REACH LARGE, TARGETED AUDIENCE For each listing, we execute a coordinated marketing campaign designed to cast the widest possible net and target key demographics. We utilize traditional tactics, such as direct mail and open houses, as well as cutting edge online marketing through social media and search engine optimization. The result is a trackable, dynamic marketing program that will speak to every potential buyer and convey a finely crafted story.


DISCOVER

CAPTURE

PRESENT

REACH

ENGAGE

ENGAGE NEW OWNERS The way your property is presented online and in print is as important as having the right price. M Realty marketing creates an emotional connection with the new owner, and maximizes the sale price. Marketing matters.


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