Excellent opportunity for investor/developer to own 4 platted lots on the corner of Morgan and MLK! Zoned CM2 -Great traffic area. Currently generating income from car lot and billboard which is great for future investors while awaiting development. Call for developers packet. PLEASE DO NOT DISTURB TENANTS.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 17, 2015
Mar 17, 2015Home Sold
$51,999
Mar 17, 2015
Mar 17, 2015Home Sold
$51,999
Mar 17, 2015
Mar 17, 2015Home Sold
$144,003
Mar 17, 2015
Mar 17, 2015Home Sold
$51,999
Jan 20, 2006
Jan 20, 2006Home Sold
$220,000
Oct 01, 1996
Oct 01, 1996Home Sold
$52,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,057
Per Month
Principal & Interest
$2,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,862
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Woodlawn Elementary School
7200 NE 11th Ave
Distance between this listing and this school0.38 miles
Public District Grades PK-5
7
/10
Dr. Martin Luther King Jr. Elementary School
4906 NE 6th Ave
Distance between this listing and this school1.12 miles
Public District Grades PK-5
8
/10
Chief Joseph School
2409 N Saratoga St
Distance between this listing and this school1.48 miles
Public District Grades KG-5
Nearby Schools
6
/10
Ockley Green Middle School
6031 N Montana Ave
Distance between this listing and this school1.08 miles
Public District Grades 6-8
8
/10
Vernon Elementary School
2044 NE Killingsworth St
Distance between this listing and this school1.16 miles
Public District Grades KG-8
5
/10
Faubion School
2930 NE Dekum St
Distance between this listing and this school1.30 miles
Public District Grades PK-8
Nearby Schools
8
/10
Jefferson High School
5210 N Kerby Ave
Distance between this listing and this school1.08 miles
Public District Grades 9-12
2
/10
Alliance High School
4039 NE Alberta Ct
Distance between this listing and this school2.17 miles
Public District Grades 9-12
8
/10
Grant High School
2245 NE 36th Ave
Distance between this listing and this school2.94 miles
The neighbors living near this home have an average income of $54,956. Typical income of Portland, OR residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7062 NE M L King Blvd
What is the listing price of this property?
The listing price of 7062 NE M L King Blvd property is $599,000.
What type of property is this?
The property 7062 NE M L King Blvd is land located in Portland, Oregon, 97211.
Is this property for sale now?
Active Listing: 7062 NE M L King Blvd is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on March 17, 2015 for $51,999. (source: MLS/tax record).
How much acreage is this property?
The property 7062 NE M L King Blvd is 0.23 acres.
Interested in 7062 NE M L King Blvd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7062 NE M L King Blvd in Portland, OR and zip code 97211 in the Northeast Portland neighborhood. This home sits on a 0.23 acre lot. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $599,000.
Over 298 listings were sold over their listed price in October 2024 in Portland, OR. In the same period over 339 listings were sold below the listed price and 212 listings were sold for the listed price. The number of listings in Portland, OR increased by 4.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $541,309, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.