NOT LISTED FOR SALE

506 E 5th St Rainier, OR 97048

Estimated Value: $391,000 - $438,000

3 Beds
2 Baths
1,972 Sq Ft
$210/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $257,500 $131 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,578/month

4 Days on Market

Highlights

  • River View
  • Corner Lot
  • No HOA
  • Deck
  • Private Yard
  • 2 Car Detached Garage

About This Home

As of August 2018

Step back in time to this 1972 custom home with sweeping views all on one level. Bring your imagination, paint brush, and elbow grease to polish this one up. You will be rewarded with a corner acre lot on a quarter acre sitting above the hustle and bustle but keeping your eyes open to all the area has to offer. Private patio, open floor plan, and large laundry room. Come make this house a home.

Last Agent to Sell the Property

Katie Moore

John L. Scott License #201208417 Listed on: 07/06/2018

John L. Scott

Co-Listed By

Israel Hill

John L. Scott Portland Central License #200411111

Last Buyer's Agent

Pat Parks

Oregon First License #900600152

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Fenced
  • Corner Lot
  • Gentle Sloping Lot
  • Private Yard
  • Property is zoned RN:R-2

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Shake Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • River Views
  • Laundry Room

Kitchen

  • Built-In Oven
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Hudson Park Elementary School
  • Rainier Middle School
  • Rainier High School

Utilities

  • No Cooling
  • Radiant Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18257

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,175

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1960
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher
  • Room 12 Features: Fireplace
  • Room 13 Features: Deck
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: LaminateFlooring, Laundry, WalltoWallCarpet
  • Appliances: BuiltinOven, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt10000to14999
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: T111Siding
  • Exterior Features: Fenced, Patio, ToolShed, Yard
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, GentleSloping
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Shake
  • View: River

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Hudson Park
  • High School: Rainier
  • Middle Or Junior School: Rainier

Lot Info

  • Zoning: RN:R-2
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 18257

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 3175.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 23, 2018
Sold by
Scott Leonard and Scott Judy L
Bought by
Buss Brent H
Seller's Agent
Katie Moore
John L. Scott
Buyer's Agent
Pat Parks
Oregon First
List Price
$249,000
Sold Price
$257,500
Premium/Discount to List
$8,500
3.41%
Current Estimated Value
$413,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,831
Avg. Annual Appreciation
7.35%
Original Mortgage
$252,835
Outstanding Balance
$222,825
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$201,542

Purchase Details

Closed on
Mar 15, 2012
Sold by
Scott Judy L
Bought by
Leonard Scott Judy L and Leonard Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.83%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 9, 2004
Sold by
Estell Mabel Ann
Bought by
Scott Judy L and Estell Mable Ann
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
Buss Brent H $257,500 Ticor Title
Leonard Scott Judy L -- None Available
Scott Judy L $25,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buss Brent H $252,835
Previous Owner Scott Leonard $40,000
Previous Owner Leonard Scott Judy L $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $257,500 +3.4% $131 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $249,000 -- $126 / 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 $4,113 $221,400 $54,520 $166,880
2023 $4,057 $214,960 $45,660 $169,300
2022 $3,874 $208,700 $43,920 $164,780
2021 $3,810 $202,630 $47,300 $155,330
2020 $3,703 $196,730 $43,580 $153,150
2019 $3,644 $191,000 $42,600 $148,400
2018 $3,511 $185,440 $65,520 $119,920
2017 $3,175 $180,040 $63,610 $116,430
2016 $3,089 $174,990 $58,870 $116,120
2015 $2,072 $118,120 $39,410 $78,710
2014 $1,937 $110,550 $39,370 $71,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18164229

Regional Multiple Listing Service (RMLS)

APN: 0301072160430010000