NOT LISTED FOR SALE

5002 SE 109th Ave Unit 5010 Portland, OR 97266

Lents Neighborhood

Estimated Value: $402,308 - $507,000

4 Beds
2 Baths
1,344 Sq Ft
$334/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $215,000 $160 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,732/month

42 Days on Market

About This Home

As of October 2018

Fixer duplex.Front tenant would like to stay.Seller to do no repairs. AS-IS. Zoning R7 single family.Duplex grandfathered in as duplex.Can expand duplex SF,no additional units per zoning. Culdesac is all newer construction single family. Plenty of room to expand on lot. Can add garages and storage.Buyer to do due diligence. CASH ONLY!

Last Agent to Sell the Property

Victoria Cooper

Knipe Realty ERA Powered License #960400128 Listed on: 08/23/2018

Last Buyer's Agent

John Ianos

Ianos Realty License #980300268

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,232

Year Built

  • Built in 1955

Lot Details

  • 8,407

Parking

  • Open Parking

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shake Siding
  • Cedar

Interior Spaces

  • 1-Story Property
  • Range
  • Washer and Dryer Hookup

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Call LA with questions

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,232

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1344
  • Stories: 1
  • Year Built: 1955
  • Property Condition: Fixer
  • Remarks Public: Fixer duplex.Front tenant would like to stay.Seller to do no repairs. AS-IS. Zoning R7 single family.Duplex grandfathered in as duplex.Can expand duplex SF,no additional units per zoning. Culdesac is all newer construction single family. Plenty of room to expand on lot. Can add garages and storage.Buyer to do due diligence. CASH ONLY!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: GAMMANS, BLOCK 4, S 60' OF LOT 9

Exterior Features

  • Exterior Description: Cedar, Shake Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Management Name: Call LA with questions
  • Management Phone: 503-381-7831
  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Earl Boyles
  • Middle School: Ron Russell
  • High School: David Douglas

Lot Info

  • Lot Description: Level
  • Zoning: R7

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3090.70
  • Assessor Parcel Number: R167673
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Earl Boyles
  • High School: David Douglas
  • Middle School: Ron Russell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Oct 11, 2018
Sold by
Bishop Bernice
Bought by
Stanisel Alexander
Seller's Agent
Victoria Cooper
Knipe Realty ERA Powered
Buyer's Agent
John Ianos
Ianos Realty
List Price
$249,990
Sold Price
$215,000
Premium/Discount to List
-$34,990
-14%
Current Estimated Value
$448,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,827
Avg. Annual Appreciation
11.07%

Purchase Details

Closed on
Dec 11, 2000
Sold by
Frank Geoff M
Bought by
Bishop Harold and Bishop Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,625
Interest Rate
10.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1999
Sold by
Frank Richard L
Bought by
Frank Geoff M and Frank Rachel L

Purchase Details

Closed on
May 10, 1996
Sold by
Primozich Bryce J
Bought by
Frank Geoff and Frank Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,407
Interest Rate
7.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stanisel Alexander $215,000 First American Title
Bishop Harold $127,500 First American Title Co
Frank Geoff M -- Pacific Nw Title
Frank Geoff $110,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bishop Harold $95,625
Previous Owner Frank Geoff $109,407
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $215,000 -14.0% $160 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $249,990 -- $186 / 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 $4,232 $177,410 -- --
2023 $4,049 $172,250 $0 $0
2022 $3,838 $167,240 $0 $0
2021 $3,775 $162,370 $0 $0
2020 $3,420 $157,650 $0 $0
2019 $3,311 $153,060 $0 $0
2018 $3,209 $148,610 $0 $0
2017 $3,091 $144,290 $0 $0
2016 $2,888 $140,090 $0 $0
2015 $2,600 $136,010 $0 $0
2014 $2,371 $132,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Victoria Cooper

    Knipe Realty ERA Powered

    (503) 445-7660

    5 in this area

    72 Total Sales

    Victoria Cooper
    Section Image
  • John Ianos

    Buyer's Agent in 2018

    John Ianos

    Ianos Realty

    (503) 408-9100

    2 Total Sales

    John Ianos
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18419876

Regional Multiple Listing Service (RMLS)

APN: R167673

Oregon Multnomah County Portland 97266 Lents

5002 SE 109th Ave Unit 5010, Portland, OR

This home is located at 5002 SE 109th Ave Unit 5010, Portland, OR 97266 since 23 August 2018 and is currently estimated at $448,827, approximately $333 per square foot. This property was built in 1955. 5002 SE 109th Ave Unit 5010 is a home located in Multnomah County with nearby schools including Earl Boyles Elementary School, Ron Russell Middle School, and David Douglas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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