bennett cma

5132 SW Richenberg Ct Portland, OR 97239

Comparative Market Analysis

For:

Tom & Judy Bennett

5 Bedroom | 3 Bath | 2572 sq. ft.

Mark Scholz Oregon Broker M Realty, LLC

503.703.0618

mark@m-‐homes.net portlandhomesforcars.com

Charity Adams Oregon Broker M Realty , LLC

503.381.6334

char itypdx@gmai l .com charitymadams.com

M REALTY

COMPARABLE LISTINGS

Act i ve – Pend ing – So l d


503.703.0618


Chari ty Adams Oregon B roker M Real ty , LLC

503.381 .6334

chari typdx@gmai l .com chari tymadams.com

Comps and Adjustments MapBennett, Tom & Judy - 5132 SW Richenberg Ct 97239

2930 SW Boundary St, Portland, OR 97239

2520 SW Hamilton St, Portland, OR 97239

5040 SW 19th Dr, Portland, OR 97239

5100 SW 19th Dr, Portland, OR 97239

4210 SW Washouga Ave, Portland, OR 97239

Price:$496,780

5 bed3.0 bath2,572 sq ft

Public records

Price:$419,000


Sold Date: 8/22/2013 Public records

Price:$507,000



Price:$525,000



Price:$439,000



Price:$495,000



File ID: Bennett, Tom & Judy - 5132 SW Richenberg Ct 97239

Copyright 2013 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 11/18/2013

Comps and Adjustments Map2020 SW Kanan St, Portland, OR 97239

1525 SW Pendleton St, Portland, OR 97239

1117 SW Cheltenham St, Portland, OR 97239

2620 SW Hamilton Ct, Portland, OR 97239

3536 SW Hamilton Ct, Portland, OR 97221

3401 SW Hamilton St, Portland, OR 97239

4146 SW Bancroft St, Portland, OR 97221

3944 SW 43rd Ave, Portland, OR 97221

1003 SW Westwood Dr, Portland, OR 97239

Price:$436,000



Price:$480,000



Price:$440,000



Price:$399,900


Pending: 10/19/2013

Price:$375,000


Active: 8/7/2013

Price:$339,000


Preforeclosure Short Sale Pending: 8/8/2013

Price:$499,999


Active: 10/18/2013

Price:$439,000


Pending: 10/5/2013

Price:$449,000


Active: 7/28/2013



Charity Adams Cross Property 11/18/2013 7:37:09 PM

503-459-4474 M Realty LLC. 14 Matches

ActiveMLS# Address City Price List Date Sold Date Sold Price Assd. Val. Tax13359561 3536 SW HAMILTON CT Portland $375,000 2013-08-08 6523.78

XSt/Dir: Hamilton, South on Hamilton CourtMap Coordinates: 626B3

County: Multnomah

13580091 1003 SW WESTWOOD DR Portland $449,000 2013-07-29 6093.84

XSt/Dir: SWCheltenham or SWPendletonto SWWestwood Dr

Map Coordinates: 626D4County: Multnomah

13204132 4146 SW BANCROFT ST Portland $499,999 2013-10-19 4718.97

XSt/Dir: At the corner of 41st and Bancroftst.

Map Coordinates: 626A2County: Multnomah

Total 3 Active Average DOM: 81 Average List: $441,333Median DOM: 102 Median List: $449,000

PendingMLS# Address City Price List Date Sold Date Sold Price Assd. Val. Tax12659929 3401 SW HAMILTON ST Portland $339,000 2012-11-12 5511.17

RMLSweb - Search Results http://www.rmlsweb.com/v2/engine/reportgen.asp?PMD=1&R...

1 of 4 11/18/13 7:37 PM

XSt/Dir: Hamilton to 34th AveMap Coordinates: 626A3

County: Multnomah

13253155 2620 SW HAMILTON CT Portland $399,900 2013-10-18 5288.9

XSt/Dir: 27th/Dosch to Sunset, N on 27th,Ron Hamilton Ct

Map Coordinates: 626C3County: Multnomah

13045282 3944 SW 43RD AVE Portland $439,000 2013-10-03 5780.37

XSt/Dir: Hamilton to 47th to 43rdMap Coordinates: 626A2

County: Multnomah

Total 3Pending

Average DOM/CDOM: 92 / 92 Average List: $392,633

Median DOM/CDOM: 3 / 3 Median List: $399,900

SoldMLS# Address City Price List Date Sold Date Sold Price Assd. Val. Tax13396557 2930 SW BOUNDARY ST Portland $419,000 2013-07-23 2013-08-23 $419,000 4921.46

XSt/Dir: SW DoschMap Coordinates: 626C4

County: Multnomah

13182719 2020 SW KANAN ST Portland $436,000 2013-06-15 2013-08-29 $436,000 5460.82


2 of 4 11/18/13 7:37 PM

XSt/Dir: Capitol Hwy; Sunset, S on 18th Dr,W on Kanan


13019324 5100 SW 19TH DR Portland $439,000 2013-07-22 2013-08-28 $439,000 5061.73

XSt/Dir: SW Sunset Blvd to SW 19th Drive.Map Coordinates: 626C3

County: Multnomah

13046779 1117 SW CHELTENHAM ST Portland $440,000 2013-08-02 2013-09-16 $440,000 5030.69

XSt/Dir: Capitol Hwy, Cheltenham Drive,Cheltenham Street


13618962 1525 SW PENDLETON ST Portland $480,000 2013-09-09 2013-10-09 $480,000 5416.59

XSt/Dir: Capitol Hwy, Sunset Blvd, East onPendleton


13618152 4210 SW WASHOUGA AVE Portland $495,000 2013-08-02 2013-09-25 $495,000 6301.59

XSt/Dir: Sunset to Hamilton to Twombly toWashouga


13340466 2520 SW HAMILTON ST Portland $507,000 2013-08-15 2013-09-27 $507,000 5554.75


3 of 4 11/18/13 7:37 PM

XSt/Dir: SW Dosch Rd to SW Hamilton.East to #2520 (east end of Hamilton, NOT

busy)Map Coordinates: 626C3

County: Multnomah

13577902 5040 SW 19TH DR Portland $525,000 2013-08-26 2013-09-30 $525,000 5352.34

XSt/Dir: Sunset Blvd, Boundary, left on19th drive


Total 8 Sold Average DOM/CDOM: 10 / 10 Average List: $462,600 Average Sold: $467,625Median DOM/CDOM: 10 / 10 Median List: $447,450 Median Sold: $460,000

© RMLS™ 2013. 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.


4 of 4 11/18/13 7:37 PM

Property Photos: 2930 SW Boundary St, Portland, OR 97239



Property Photos: 2520 SW Hamilton St, Portland, OR 97239



Property Photos: 5040 SW 19th Dr, Portland, OR 97239



Property Photos: 5100 SW 19th Dr, Portland, OR 97239



Property Photos: 4210 SW Washouga Ave, Portland, OR 97239



Property Photos: 2020 SW Kanan St, Portland, OR 97239



Property Photos: 1525 SW Pendleton St, Portland, OR 97239



Property Photos: 1117 SW Cheltenham St, Portland, OR 97239



Property Photos: 2620 SW Hamilton Ct, Portland, OR 97239



Property Photos: 3536 SW Hamilton Ct, Portland, OR 97221



Property Photos: 3401 SW Hamilton St, Portland, OR 97239



Property Photos: 4146 SW Bancroft St, Portland, OR 97221



Property Photos: 3944 SW 43rd Ave, Portland, OR 97221



Property Photos: 1003 SW Westwood Dr, Portland, OR 97239





Summary of Comparable ListingsActive ListingsCat MLS# Area Type Address City Yr Built Bdrms Baths SQFT Price

RES 5132 SW RICHENBERG CT , Portland, OR 97239 - 1262 Portland 5 3 2572 $399,900RES 13359561 148 DETACHD 3536 SW HAMILTON CT Portland 1963 4 3.0 2856 $375,000RES 13580091 148 DETACHD 1003 SW WESTWOOD DR Portland 1964 3 2.0 2924 $449,000RES 13204132 148 DETACHD 4146 SW BANCROFT ST Portland 1973 5 3.0 2709 $499,999

Pending ListingsCat MLS# Area Type Address City Yr Built Bdrms Baths SQFT Price

RES 5132 SW RICHENBERG CT , Portland, OR 97239 - 1262 Portland 5 3 2572 $399,900RES 12659929 148 DETACHD 3401 SW HAMILTON ST Portland 1953 4 2.0 2800 $339,000RES 13253155 148 DETACHD 2620 SW HAMILTON CT Portland 1951 4 2.0 2244 $399,900RES 13045282 148 DETACHD 3944 SW 43RD AVE Portland 1969 4 2.2 3280 $439,000

Sold ListingsCat MLS# Area Type Address City Yr Built Bdrms Baths SQFT Price

RES 5132 SW RICHENBERG CT , Portland, OR 97239 - 1262 Portland 5 3 2572 $399,900RES 13396557 148 DETACHD 2930 SW BOUNDARY ST Portland 1979 4 3.0 2286 $419,000RES 13182719 148 DETACHD 2020 SW KANAN ST Portland 1982 4 3.0 2528 $436,000RES 13019324 148 DETACHD 5100 SW 19TH DR Portland 1952 3 2.1 2824 $439,000RES 13046779 148 DETACHD 1117 SW CHELTENHAM ST Portland 1954 3 3.0 2405 $440,000RES 13618962 148 DETACHD 1525 SW PENDLETON ST Portland 1947 3 2.1 2542 $480,000RES 13618152 148 DETACHD 4210 SW WASHOUGA AVE Portland 1971 5 2.0 2540 $495,000RES 13340466 148 DETACHD 2520 SW HAMILTON ST Portland 1954 3 2.0 2996 $507,000RES 13577902 148 DETACHD 5040 SW 19TH DR Portland 1951 3 2.0 2786 $525,000

M REALTY

MARKET VALUE

Pr i c i ng & S t r a tegy


503.703.0618


Chari ty Adams Oregon B roker M Real ty , LLC

503.381 .6334

chari typdx@gmai l .com chari tymadams.com

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Local Market Conditions: SummaryThe Local Market Conditions tables summarize trends and statistics in the local market: the area around the subject property that was searched for comps in the SalesComparison Analysis.

Results shown in this report are derived from a search of MLS records for 4 to 6 bedroom, 2 to 4 bathroom, 1,929 to 3,215 sq. ft., single family residence listings locatedwithin 0.8 miles of the subject property.

Inventory Analysis Last 7-12 Months(6-month period)

Last 4-6 Months(3-month period)

Last 3 Months(3-month period)

Trend(Total)

Sales 59 156% 46 87% 40 136%Absorption Rate (sales/month) 9.83 156% 15.33 87% 13.33 136%Total # of Active Listings (on last day) 41 107% 44 75% 33 80%Months of Housing Supply 4.2 69% 2.9 86% 2.5 59% Median Comp Sales Price $373,000 119% $387,500 129% $440,837 134%Median Comp Sales DOM 71 103% 73 77% 56 79%Median Comp Listing Price $384,900 116% $444,950 112% $499,999 130%Median Comp Listing DOM – – – – – –Median Sales Price as % of List Price 0.98% 102% 1% 100% 1% 102%

Comparable Propertiesin Local Market

Currentlyfor Sale

Sales Within theLast 12 Months

Count 33 121Range $249,900 – $2,700,000 $129,900 – $2,885,000Average $661,036 $478,413Median $499,900 $405,000

Property Attributes Minimum Maximum Average

Date Built 1905 2012 1959Living Area (sq ft) 881 8,600 2,611Lot Size 2,613 71,438 12,423# Samples 184 – –



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Local Market Conditions: Sales of Similar-Size PropertiesThese tables show the sales trends for properties similar in size to the subject property in the local market: the area around the subject property that was searched forcomps in the Sales Comparison Analysis. They are calculated in variations that include and exclude distressed listings.


INCLUDINGDistressed Listings




Trend(Total)

Sales 59 156% 46 87% 40 136%Absorption Rate (sales/month) 9.83 156% 15.33 87% 13.33 136%Total # of Active Listings (on last day) 41 107% 44 75% 33 80%Months of Housing Supply 4.2 69% 2.9 86% 2.5 59% Median Comp Sales Price $373,000 119% $387,500 129% $440,837 134%Median Comp Sales DOM 71 103% 73 77% 56 79%Median Comp Listing Price $384,900 116% $444,950 112% $499,999 130%Median Comp Listing DOM – – – – – –Median Sales Price as % of List Price 0.98% 102% 1% 100% 1% 102%

WITHOUT Distressed ListingsSales 59 156% 46 87% 40 136%Absorption Rate (sales/month) 9.83 156% 15.33 87% 13.33 136%Total # of Active Listings (on last day) 41 107% 44 75% 33 80%Months of Housing Supply 4.2 69% 2.9 86% 2.5 59% Median Comp Sales Price $373,000 119% $387,500 129% $440,837 134%Median Comp Sales DOM 71 103% 73 77% 56 79%Median Comp Listing Price $384,900 116% $444,950 112% $499,999 130%Median Comp Listing DOM – – – – – –Median Sales Price as % of List Price 0.98% 102% 1% 100% 1% 102%

ONLY Distressed ListingsSales – – – – – –Absorption Rate (sales/month) – – – – – –Total # of Active Listings (on last day) – – – – – –Months of Housing Supply – – – – – – Median Comp Sales Price – – – – – –Median Comp Sales DOM – – – – – –Median Comp Listing Price – – – – – –Median Comp Listing DOM – – – – – –Median Sales Price as % of List Price – – – – – –



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Local Market Conditions: Sales of Single Family HomesThese tables show the sales trends for all properties similar in type to the subject property in the local market: the area around the subject property that was searched forcomps in the Sales Comparison Analysis. They are calculated in variations that include and exclude distressed listings.


INCLUDINGDistressed Listings




Trend(Total)

Sales 22 145% 16 56% 9 82%Absorption Rate (sales/month) 3.67 145% 5.33 56% 3 82%Total # of Active Listings (on last day) 13 85% 11 91% 10 77%Months of Housing Supply 3.5 58% 2.1 162% 3.3 94% Median Comp Sales Price $443,500 101% $500,000 90% $495,000 101%Median Comp Sales DOM 71 106% 75 72% 54 76%Median Comp Listing Price $500,000 90% $449,900 100% $449,900 90%Median Comp Listing DOM – – – – – –Median Sales Price as % of List Price 0.98% 101% 1% 100% 1% 102%

WITHOUT Distressed ListingsSales 22 145% 16 56% 9 82%Absorption Rate (sales/month) 3.67 145% 5.33 56% 3 82%Total # of Active Listings (on last day) 13 85% 11 91% 10 77%Months of Housing Supply 3.5 58% 2.1 162% 3.3 94% Median Comp Sales Price $443,500 101% $500,000 90% $495,000 101%Median Comp Sales DOM 71 106% 75 72% 54 76%Median Comp Listing Price $500,000 90% $449,900 100% $449,900 90%Median Comp Listing DOM – – – – – –Median Sales Price as % of List Price 0.98% 101% 1% 100% 1% 102%

ONLY Distressed ListingsSales – – – – – –Absorption Rate (sales/month) – – – – – –Total # of Active Listings (on last day) – – – – – –Months of Housing Supply – – – – – – Median Comp Sales Price – – – – – –Median Comp Sales DOM – – – – – –Median Comp Listing Price – – – – – –Median Comp Listing DOM – – – – – –Median Sales Price as % of List Price – – – – – –



Price per Square FootThis graph compares the local market'smedian estimated home value persquare foot with sample properties in themarket.

Price / sq ftTrend

Median Sales PriceThis graph compares the local market'smedian sales price with the sales pricefor the sample properties in the market.

Sale PriceTrend

Total Sales and ListingsThis graph compares the number ofsales with the number of listings in thelocal market.

ListingsSales

List Price vs. Sales PriceThis graph compares the median listingprice with the sales price in the localmarket.

Listing PriceSales Price



Median Days in SystemThis graph displays the median days insystem in the local market.

Days on Site

Months Supply of HousingInventoryThis chart shows the trend in housinginventory in the local market.

Inventory

Absorption RateThis chart shows the trend in absorptionrate in the local market.

Absorption Rate



Median Estimated HomeValue vs. Median ListingPriceThis chart compares a ZIP code'smedian estimated home value with itsmedian listing price. Estimated homevalues are generated by a valuationmodel and are not formal appraisals.Data Source: Public records data fromLender Processing Services (LPS);listing price data from on- and off-marketlistings sourcesUpdate Frequency: Monthly

Median Estimated ValueMedian List Price

Median Sales Price vs. SalesVolumeThis chart compares the price trend andsales volume for homes in an area.Home prices typically follow salesvolume, with a time lag, since salesactivity is the driver behind pricemovements.Data Source: Public records data wherelicensed from Lender ProcessingServices (LPS)Update Frequency: Monthly

Median Sales PriceSales Volume

General Market Health Charts



$446,263 (or $174 / Sq. Ft.)

Result of Sales Comparison Analysis

Last Analysis Update: 11/18/2013

Number of Comps Chosen

14Comps Range

$339,000 – $525,000

Comps:

Subject Property (Appraisal Price)For Sale (List Price)Pending (List Price)Recently Sold (Sold Price)Distressed (List Price)Pending Distressed (List Price)Off Market (Estimate)

Historical Range ofComparable HomesCompares the estimated value of thesubject property with the highest,median and lowest comps selected inthe Sales Comparison Analysis.

Subject Property Estimated Value

Sales Comparables Analysis Summary

Current Range of Comparable Homes

Compares the estimated value of the subject property with the comps selected in the Sales Comparison Analysis.

$310K $550K$446KSubject

#11 #10 #9 #1 #6,4,13,8,14 #7 #5,12,2 #3





Pricing Your HomePrice Sqft $/Sqft CDOM

Status # Minimum Average Median Maximum Average Median Average Average Median

ACT 3 $375,000 $441,333 $449,000 $499,999 2,830 2,856 156PEN 3 $339,000 $392,633 $399,900 $439,000 2,775 2,800 141 92 3SLD 8 $419,000 $467,625 $460,000 $525,000 2,613 2,541 179 10 11

Total Listings: 14Sold Properties closed averaging 101.09% of their Final List Price. This reflects a -1.09% differencebetween Sale Price and List Price. If SNL status or Sold Auction listings are included, the Sold Price to ListPrice ratio will be affected because the ratio is always 100% for SNL and Sold Auction listings.

Amount $/Sqft

Min. List Price: $339,000 $121Avg. List Price: $443,050 $164Max. List Price: $525,000 $188Average Sale Price: $467,625 $179Recommended List Price

Min: $311,212 $121Max: $446,263 $173Recommended: $399,900 $155

How the Recommended Price Looks in the Market

bennett cma

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