Prime 33+ acres of natural oasis amid the hustle and bustle. Ideal location just minutes to the heartbeat of downtown. Gently sloped topography,green pastures,wooded areas,riding trails,apple orchard and abbey creek.Equestrian infrastructure includes 60X156 indoor & 90X200 outdoor arenas, 2 barns with 32 stalls and various attached runs. Multiple storage out-buildings,turnouts,round pens. Main 1945 home has 3bed, 2bath, 1,910sqft. Secondary 1928 cabin w/525sqft. Possible future development area.
Thoroughbred Real Estate Group IncLicense #200211078Listed on: 06/01/2021
Home Details
Home Type
Single Family
Est. Annual Taxes
$8,890
Year Built
Built in 1945
Lot Details
Waterfront
Cross Fenced
Private Lot
Level Lot
Landscaped with Trees
Property is zoned EFU
Parking
Attached Garage
Converted Garage
Part of Garage Converted to Living Space
Workshop in Garage
Driveway
RV Access or Parking
Home Design
Wood Siding
Concrete Perimeter Foundation
Interior Spaces
Hydromassage or Jetted Bathtub
2-Story Property
Ceiling Fan
1 Fireplace
Double Pane Windows
Crawl Space
Security Lights
Laundry Room
Property Views
Flooring
Wood
Wall to Wall Carpet
Laminate
Outdoor Features
Covered patio or porch
Outbuilding
Horse Facilities and Amenities
Corral
Covered Arena
Arena
Utilities
Heating System Uses Gas
Electric Water Heater
High Speed Internet
Additional Features
Accessory Dwelling Unit (ADU)
Barn
Home Details
Home Type
Single Family
Est. Annual Taxes
$8,890
Year Built
Built in 1945
Lot Details
0
Parking
2
Listing Details
Status: Sold
Property Category: Residential
Property Type: Single Family Residence
Style: Cottage, 2 Story
Sq Ft Calculated: 1910
Sq Ft Approximate Total: 1910
Stories: 2
Year Built: 1945
Property Condition: Approximately
Remarks Public: Prime 33+ acres of natural oasis amid the hustle and bustle. Ideal location just minutes to the heartbeat of downtown. Gently sloped topography,green pastures,wooded areas,riding trails,apple orchard and abbey creek.Equestrian infrastructure includes 60X156 indoor & 90X200 outdoor arenas, 2 barns with 32 stalls and various attached runs. Multiple storage out-buildings,turnouts,round pens. Main 1945 home has 3bed, 2bath, 1,910sqft. Secondary 1928 cabin w/525sqft. Possible future development area.
Unreinforced Masonry Building: Unknown
New Construction Supplement: No
Additional Structure Other Types: Barn(s), Workshop, Stable(s), Auxiliary Dwelling Unit, Covered Arena, Outdoor Arena
Special Features: None
Property Sub Type: Detached
Interior Features
Main Level Bathrooms: 2.0
Total Bathrooms: 2.0
Fireplace Description: Wood Burning
Fireplaces: 1
Interior Amenities: Ceiling Fan(s), Hardwood Floors, Laundry, Wall to Wall Carpet, Jetted Tub, Laminate Flooring, Auxiliary Dwelling Unit
Kitchen Appliances: Built-in Refrigerator, Dishwasher, Disposal, Built-in Oven, Range Hood
Additional Structure Remarks Public: Garden shed 600sqft with power and security lighting.
Additional Structure Roof Types: Composition
R V Description: RV Parking, RV/Boat Storage
View: Yes
Additional Structure Supplement: Yes
Road Surface: Gravel
Garage/Parking
Garage Or Parking Spaces: 2
Garage Type: Attached, Converted, Partially Converted to Living Space
Parking Description: Driveway, RV Access/Parking
Utilities
Fuel Description: Electricity, Gas
Hot Water: Electricity
Sewer: Septic Tank
Water Description: Well
Heating Description: Forced Air
Internet Service Type: Cable
Security: Security Lights
Association/Amenities
Amenities Supplement: No
Schools
Elementary School: Skyline
Middle School: Skyline
High School: Lincoln
Lot Info
Lot Description: Level, Private, Trees, Gentle Sloping
Acres: 33.74
Zoning: EFU
Farm Supplement: No
Water Rights Supplement: No
Green Features
Green Energy Supplement: No
Tax Info
Tax Amount: 7729.77
Tax Deferral Desc: EFU
Tax Deferral: Yes
Assessor Parcel Number: R323981
Tax Year: 2020
Multi Family
Non Owner Occ Supplement: No
MLS Schools
Elementary School: Skyline
High School: Lincoln
Middle School: Skyline
Ownership History
DateNameOwned ForOwner Type
May 2025 - PresentGallentine Melissa KayLess than a month
Private Individual
Purchase Details
Closed on
May 13, 2025
Sold by
Dwyer Bryant Richard
Bought by
Gallentine Melissa Kay
Total Days on Market
10
Current Estimated Value
$993,933
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$50,000
Interest Rate
6.64%
Mortgage Type
Seller Take Back
Estimated Equity
$943,933
Jun 2021 - May 2025Gallentine Melissa Kay and Gallentine Bryant Richard3 Years and 11 Months
Private Individual
Purchase Details
Listed on
Jun 1, 2021
Closed on
Jun 18, 2021
Sold by
Rayhawk Jospeh C and Rayhawk Shelley
Bought by
Gallentine Melissa Kay and Gallentine Bryant Richard
Seller's Agent
Ryann Reinhofer
Thoroughbred Real Estate Group Inc
Buyer's Agent
Kim Mckie
Better Homes & Gardens Realty
List Price
$1,150,000
Sold Price
$950,000
Premium/Discount to List
-$200,000
-17.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%
Original Mortgage
$620,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Mar 2003 - Jun 2021Rayhawk Joseph C and Rayhawk Shelley18 Years and 3 Months
Private Individual
Purchase Details
Closed on
Mar 6, 2003
Sold by
Washington Mutual Bank
Bought by
Rayhawk Joseph C and Rayhawk Shelley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.25%
Aug 2002 - Mar 2003Washington Mutual Bank7 Months
Private Individual
Purchase Details
Closed on
Aug 30, 2002
Sold by
Kennedy Debra S
Bought by
Washington Mutual Bank
Oct 1999 - Aug 2002Kennedy Debra2 Years and 10 Months
Private Individual
Purchase Details
Closed on
Oct 25, 1999
Sold by
Delsman Timothy Raymond and Delsman Carol
Bought by
Kennedy Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
7.82%
Feb 1999 - Oct 1999Macrae Ronald E8 Months
Private Individual
Purchase Details
Closed on
Feb 26, 1999
Sold by
Forsyth Randall
Bought by
Macrae Ronald E
Aug 1996 - Feb 1999Forsyth Randall2 Years and 6 Months
Private Individual
Purchase Details
Closed on
Aug 26, 1996
Sold by
Macrae Ronald E and Macrae Ilo M
Bought by
Forsyth Randall
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
10%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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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.
This home is located at 15248 NW Germantown Rd, Portland, OR 97231 since 01 June 2021 and is currently estimated at $993,933, approximately $520 per square foot. This property was built in 1945. 15248 NW Germantown Rd is a home located in Multnomah County with nearby schools including Skyline School, Lincoln High School, and Goodtime Chinese School.
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