NOT LISTED FOR SALE

5102 N Fessenden St Unit 5108 Portland, OR 97203

Portsmouth Neighborhood

Estimated Value: $802,798 - $1,059,000

8 Beds
4 Baths
3,360 Sq Ft
$271/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $828,750 $247 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,535/month

Highlights

  • Corner Lot
  • 1-Story Property
  • 4-minute walk to McCoy Park
  • Fireplace

About This Home

As of January 2021

All Brick 4 Plex in nice area. New Sewer, Roof, gutters, and Vinyl Windows in 2009. 2 New Electrical Panels. Outdated Bathrooms and Kitchens but clean. Do not disturb Tenants. Make offers subject to an Interior walk through. 2 end units have Fireplaces. Tenants pay water sewer, garbage, and power. All tenants current with rent. $44,000 under tax assessed Value! Seller is a Licensed Broker

Last Agent to Sell the Property

William Tucker

WVR Realty License #911200009 Listed on: 12/10/2020

Last Buyer's Agent

Jerry Wallach

Wise Move Real Estate License #200606229

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,264

Year Built

  • Built in 1963

Lot Details

  • 10,019

Parking

  • Open Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Range
  • Washer and Dryer Hookup

Additional Features

  • Corner Lot
  • Electric Water Heater

Community Details

  • 4 Units
  • Property managed by Fortress Property Management

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,264

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3360
  • Stories: 1
  • Year Built: 1963
  • Property Condition: Approximately
  • Remarks Public: All Brick 4 Plex in nice area. New Sewer, Roof, gutters, and Vinyl Windows in 2009. 2 New Electrical Panels. Outdated Bathrooms and Kitchens but clean. Do not disturb Tenants. Make offers subject to an Interior walk through. 2 end units have Fireplaces. Tenants pay water sewer, garbage, and power. All tenants current with rent. $44,000 under tax assessed Value! Seller is a Licensed Broker
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PORTSMOUTH PK, BLOCK 7, LOT 1&2
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Management Name: Fortress Property Management
  • Unit Features: Fireplace, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Cesar Chavez
  • Middle School: Cesar Chavez
  • High School: Roosevelt

Lot Info

  • Lot Description: Corner Lot
  • Zoning: RM-1
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 6753.41
  • Assessor Parcel Number: R248493
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.33

MLS Schools

  • Elementary School: Cesar Chavez
  • High School: Roosevelt
  • Middle School: Cesar Chavez

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Dec 30, 2020
Sold by
Tucker William P
Bought by
Tucker William P and Martin Daralyn R
Seller's Agent
William Tucker
WVR Realty
Buyer's Agent
Jerry Wallach
Wise Move Real Estate
List Price
$899,900
Sold Price
$828,750
Premium/Discount to List
-$71,150
-7.91%
Current Estimated Value
$910,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,700
Avg. Annual Appreciation
2.01%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Skylane Llc
Bought by
Tucker William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$180,044
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$730,406

Purchase Details

Closed on
Apr 28, 2009
Sold by
Bank Of New York
Bought by
Skylane Llc

Purchase Details

Closed on
Dec 8, 2008
Sold by
Giesen Blair
Bought by
Bank Of New York

Purchase Details

Closed on
Sep 26, 2005
Sold by
Portland R E Investments Llc
Bought by
Giesen Blair and Giesen Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
2.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 23, 2005
Sold by
Johnson West
Bought by
Portland R E Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
2.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 12, 2004
Sold by
Johnson Wes
Bought by
Portland R E Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2004
Sold by
Mdc Ii Llc
Bought by
Johnson Wes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2002
Sold by
Washougal Development Corp
Bought by
Mdc Ii Llc

Purchase Details

Closed on
Jan 8, 1999
Sold by
How Mar Properties Llc
Bought by
Madevco Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 1998
Sold by
Norgaard Marjorie A
Bought by
How Mar Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 1997
Sold by
Nelsen Dennis H and Nelsen Gene T
Bought by
How Mar Properties Llc
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
Tucker William P -- Wfg Title
Tucker William P $375,000 Pacific Nw Title Of Or Inc
Skylane Llc $225,000 First American
Bank Of New York $310,250 Fidelity National Title Co
Giesen Blair $380,000 First American
Portland R E Investments Llc -- First American
Portland R E Investments Llc -- --
Johnson Wes $305,000 First American
Mdc Ii Llc -- First American Title Ins Co
Madevco Inc -- Chicago Title
How Mar Properties Llc -- Chicago Title Insurance Co
How Mar Properties Llc -- First American Title Ins Co
Nelsen Dennis H -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucker William P $281,250
Previous Owner Giesen Blair $304,000
Previous Owner Portland R E Investments Llc $38,000
Previous Owner Johnson Wes $244,000
Previous Owner Madevco Inc $625,000
Closed Johnson Wes $30,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Sold $828,750 -7.9% $247 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $899,900 -- $268 / 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 $8,264 $308,870 -- --
2023 $7,946 $299,880 $0 $0
2022 $7,774 $291,150 $0 $0
2021 $7,643 $282,670 $0 $0
2020 $7,011 $274,440 $0 $0
2019 $6,753 $266,450 $0 $0
2018 $6,555 $258,690 $0 $0
2017 $6,282 $251,160 $0 $0
2016 $5,749 $243,850 $0 $0
2015 $5,599 $236,750 $0 $0
2014 $5,514 $229,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Tucker

    Seller's Agent in 2021

    William Tucker

    WVR Realty

    (503) 201-4663

    1 in this area

    44 Total Sales

    William Tucker
    Section Image
  • Jerry Wallach

    Buyer's Agent in 2021

    Jerry Wallach

    Wise Move Real Estate

    (503) 784-3786

    2 in this area

    35 Total Sales

    Jerry Wallach
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20153059

Regional Multiple Listing Service (RMLS)

APN: R248493

Oregon Multnomah County Portland 97203 Portsmouth

5102 N Fessenden St Unit 5108, Portland, OR

This home is located at 5102 N Fessenden St Unit 5108, Portland, OR 97203 since 10 December 2020 and is currently estimated at $910,450, approximately $270 per square foot. This property was built in 1963. 5102 N Fessenden St Unit 5108 is a home located in Multnomah County with nearby schools including Cesar Chavez School, Roosevelt High School, and Holy Cross Catholic School.

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