High demand triplex. High demand location. Endless local amenities at your fingertips which lend to the quintessential SEPortland lifestyle. Mt. Tabor Park, New Seasons Market, Albina Coffee, Tabor Bread, Apizza Scholls, Por Que No and more. High-density R1 zoning may have future potential. 2 bed/1ba units have a solid history of occupancy and low turnover. 3 parkingspaces. Great future investment.
Inhabit Real EstateLicense #200409215Listed on: 09/06/2019
Last Buyer's Agent
Laren Leland
Oregon FirstLicense #201209990
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,621
Year Built
Built in 1978
Lot Details
5,009
Parking
Paved Parking
Home Design
Brick Exterior Construction
Slab Foundation
Plywood Siding Panel T1-11
Interior Spaces
2-Story Property
Crawl Space
Range
Washer and Dryer
Additional Features
Level Lot
Electric Water Heater
Community Details
3 Units
Listing and Financial Details
Rent includes trash collection, sewer, water
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,621
Year Built
Built in 1978
Lot Details
0
Parking
3
Listing Details
Status: Sold
Property Category: Multi Family
Sq Ft Approximate Building Total: 2419
Stories: 2
Year Built: 1978
Property Condition: Existing
Remarks Public: High demand triplex. High demand location. Endless local amenities at your fingertips which lend to the quintessential SEPortland lifestyle. Mt. Tabor Park, New Seasons Market, Albina Coffee, Tabor Bread, Apizza Scholls, Por Que No and more. High-density R1 zoning may have future potential. 2 bed/1ba units have a solid history of occupancy and low turnover. 3 parkingspaces. Great future investment.
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Legal Description: HAWTHORNE PL, BLOCK 1, LOT 5
Basement: Crawl Space
Exterior Features
Exterior Description: Brick, T-111 Siding
Lot Size: 5,000 to 6,999 SqFt
Roof Type: Composition
Foundation Details: Slab
Garage/Parking
Garage Or Parking Spaces: 3
Parking Description: Paved
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Sewer: Public Sewer
Water Description: Public
Heating Description: Baseboard
Condo/Co-op/Association
Unit Features: Range, Refrigerator, Washer/Dryer
Schools
Elementary School: Glencoe
Middle School: Mt Tabor
High School: Franklin
Lot Info
Lot Description: Level
Zoning: R1
Rental Info
Rent Includes: Trash Collection, Sewer, Water
Tax Info
Tax Amount: 7110.93
Assessor Parcel Number: R177074
Tax Year: 2018
Multi Family
Unit Type: 1, 2, 3
Number Of Units Total: 3
Gross Rent Multiplier: 14.86
MLS Schools
Elementary School: Glencoe
High School: Franklin
Middle School: Mt Tabor
Ownership History
DateNameOwned ForOwner Type
Nov 2019 - PresentLeland Family Properties Llc Iii5 Years and 7 Months
Company
Purchase Details
Listed on
Sep 6, 2019
Closed on
Nov 8, 2019
Sold by
Melkerson Steven T and Melkerson Ceanne M
Bought by
Leland Family Properties Llc Iii
Seller's Agent
Eric Hagstette
Inhabit Real Estate
Buyer's Agent
Laren Leland
Oregon First
List Price
$795,000
Sold Price
$720,000
Premium/Discount to List
-$75,000
-9.43%
Total Days on Market
38
Current Estimated Value
$854,847
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,847
Avg. Annual Appreciation
3.10%
Apr 2017 - Nov 2019Melkerson Steven T and Melkerson Ceanne M2 Years and 7 Months
Private Individual
Purchase Details
Listed on
Dec 19, 2016
Closed on
Apr 13, 2017
Sold by
Bacigalupi Matthew T
Bought by
Melkerson Steven T and Melkerson Ceanne M
Seller's Agent
Erin Livengood
Where Real Estate Collaborative
Buyer's Agent
Eric Hagstette
Inhabit Real Estate
List Price
$749,000
Sold Price
$800,000
Premium/Discount to List
$51,000
6.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.05%
Original Mortgage
$600,000
Interest Rate
4.21%
Mortgage Type
New Conventional
Dec 2007 - Apr 2017Bacigalupi Matthew T and Bacigalupi Carrie E9 Years and 4 Months
Private Individual
Purchase Details
Closed on
Dec 20, 2007
Sold by
Kicking Rocks Llc
Bought by
Bacigalupi Matthew T and Bacigalupi Carrie E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,200
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Nov 2006 - Dec 2007Kicking Rocks Llc1 Year and 1 Month
Company
Purchase Details
Closed on
Nov 7, 2006
Sold by
Bacigalupi Matthew T and Bacigalupi Carrie E
Bought by
Kicking Rocks Llc
Jul 2004 - Nov 2006Bacigalupi Matthew T and Bacigalupi Carrie E2 Years and 4 Months
Private Individual
Purchase Details
Closed on
Jul 21, 2004
Sold by
Mackay Patricia A
Bought by
Bacigalupi Matthew T and Bacigalupi Carrie E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,320
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Jul 2001 - Jul 2004Mackay Patricia A and Patricia A Mackay Trust3 Years
Private Individual
Purchase Details
Closed on
Jul 18, 2001
Sold by
Jensen Anna M
Bought by
Mackay Patricia A and Patricia A Mackay Trust
Apr 1999 - Jul 2001Jensen Anna M and Mackay Patricia A2 Years and 3 Months
Private Individual
Purchase Details
Closed on
Apr 29, 1999
Sold by
Layton Carole V
Bought by
Jensen Anna M and Mackay Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage
Sep 1996 - Apr 1999Layton Carole2 Years and 7 Months
Private Individual
Purchase Details
Closed on
Sep 13, 1996
Sold by
Upchurch Virginia Carole
Bought by
Layton Carole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
Apr 1996 - Sep 1996Upchurch Virginia Carole5 Months
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Average Value
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List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 5017 SE Clay St Unit 5021, Portland, OR 97215 since 06 September 2019 and is currently estimated at $854,847, approximately $353 per square foot. This property was built in 1978. 5017 SE Clay St Unit 5021 is a home located in Multnomah County with nearby schools including Atkinson Elementary School, Franklin High School, and The Portland Montessori School.
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