NOT LISTED FOR SALE

4831 NE Prescott St Portland, OR 97218

Cully Neighborhood

Estimated Value: $449,000 - $541,906

2 Beds
1 Bath
1,609 Sq Ft
$313/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $300,000 $186 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,146/month

9 Days on Market

Highlights

  • Wood Frame Window
  • Porch
  • Fenced
  • Detached Garage
  • High Speed Internet
  • Level Lot

About This Home

As of November 2021

Quaint Cully cosmetic fixer is waiting for you to add your personal touch! Easy floorplan has two bedrooms, living room, full bathroom, and spacious kitchen with eating area on the first floor. 750 additional SF in the unfinished basement with tall ceilings that is accessed by a separate door. Grassed, fenced backyard and detached garage or work shop space. Possible future potential for multi-use development due to zoning. All this with local restaurants, bars and neighborhood hubs nearby! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10195838]

Last Agent to Sell the Property

Rob Levy

Keller Williams Realty Professionals License #881100070 Listed on: 10/20/2021

Keller Williams Realty Professionals

Co-Listed By

Caitlin McLean Abouaf

Keller Williams Realty Professionals License #201207992

Last Buyer's Agent

Donald Sinclair

MORE Realty License #201238427

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1924

Lot Details

  • Fenced
  • Level Lot

Parking

  • Detached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Cedar

Interior Spaces

  • 1-Story Property
  • Wood Frame Window
  • Aluminum Window Frames
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,828

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Ranch, 1 Story
  • Sq Ft Calculated: 859
  • Sq Ft Approximate Total: 1609
  • Stories: 1
  • Year Built: 1924
  • Property Condition: Resale
  • Remarks Public: Quaint Cully cosmetic fixer is waiting for you to add your personal touch! Easy floorplan has two bedrooms, living room, full bathroom, and spacious kitchen with eating area on the first floor. 750 additional SF in the unfinished basement with tall ceilings that is accessed by a separate door. Grassed, fenced backyard and detached garage or work shop space. Possible future potential for multi-use development due to zoning. All this with local restaurants, bars and neighborhood hubs nearby! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10195838]
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • All Room Features: Wall to Wall Carpet, Laminate Flooring
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Interior Amenities: Wall to Wall Carpet, Vinyl Floor
  • Kitchen Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: SECTION 19 1N 2E, TL 13300 0.20 ACRES
  • Sq Ft Lower Level: 750
  • Sq Ft Main Level: 859
  • Bedrooms: 2
  • Master Bedroom: Features: Wall to Wall Carpet,On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Basement: Full Basement, Unfinished
  • Living Room: Features: Wall to Wall Carpet,On Level: Main
  • Kitchen: Features: Laminate Flooring,On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1
  • Window Features: Aluminum Frames, Wood Frames

Exterior Features

  • Exterior Description: Cedar
  • Exterior Features: Fenced, Porch
  • Lot Size: 7K-9,999SF
  • Lot Dimensions: 78x112
  • Roof Type: Composition
  • Foundation Details: Slab
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Detached
  • Parking Description: Driveway

Utilities

  • Fuel Description: Electricity, Oil
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard, Forced Air
  • Internet Service Type: Cable, Wireless

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Rigler
  • Middle School: Beaumont
  • High School: Leodis McDaniel
  • School Elementary2: Scott

Lot Info

  • Lot Description: Level
  • Acres: 0.20
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Remarks Public: Home Energy Score Report: https://rpt.greenbuildingregistry.com/hes/OR10195838.pdf
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 5
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10195838
  • Green Verification HES Year: 2021

Tax Info

  • Tax Amount: 3344.88
  • Assessor Parcel Number: R317819
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Rigler
  • High School: Leodis McDaniel
  • Middle School: Beaumont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Grensback Austen J
Bought by
Hornecker Timothy
Current Estimated Value
$503,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Outstanding Balance
$386,653
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$140,414

Purchase Details

Listed on
Oct 20, 2021
Closed on
Nov 10, 2021
Sold by
Ostroff Hanri M D and Ella Ostroff Revocable Living
Bought by
Ostroff Henri M D and Herbert Ostroff Family Trust
Seller's Agent
Rob Levy
Keller Williams Realty Professionals
Buyer's Agent
Donald Sinclair
MORE Realty
List Price
$349,900
Sold Price
$300,000
Premium/Discount to List
-$49,900
-14.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.03%
Original Mortgage
$322,500
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 20, 2021
Closed on
Nov 2, 2021
Sold by
Bridge City Equity Llc
Bought by
Grensback Austen J
Seller's Agent
Rob Levy
Keller Williams Realty Professionals
Buyer's Agent
Donald Sinclair
MORE Realty
List Price
$349,900
Sold Price
$300,000
Premium/Discount to List
-$49,900
-14.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2004
Sold by
Ostroff Ella
Bought by
Ostroff Ella and The Herber T Ostroff Family Trust
Source: Public Records

Range of Values:

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Average Value
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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
Hornecker Timothy $530,000 Ticor Title
Ostroff Henri M D $300,000 Fidelity Natl Ttl Co Of Or
Grensback Austen J $310,000 Old Republic Title
Ostroff Ella -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hornecker Timothy $397,500
Previous Owner Grensback Austen J $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $300,000 -7.7% $186 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/29/2021 10/29/21 Price Changed $324,900 -7.1% $202 / Sq Ft
10/20/2021 10/20/21 For Sale $349,900 -- $217 / 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
2024 $4,828 $180,430 -- --
2023 $4,642 $175,170 $0 $0
2022 $3,709 $138,890 $0 $0
2021 $3,646 $134,850 $0 $0
2020 $3,345 $130,930 $0 $0
2019 $3,222 $127,120 $0 $0
2018 $3,127 $123,420 $0 $0
2017 $2,997 $119,830 $0 $0
2016 $2,743 $116,340 $0 $0
2015 $2,671 $112,960 $0 $0
2014 $2,631 $109,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21279788

Regional Multiple Listing Service (RMLS)

APN: R317819