NOT LISTED FOR SALE

5102 NE 60th Ave Portland, OR 97218

Cully Neighborhood

Estimated Value: $511,000 - $571,000

4 Beds
3 Baths
2,095 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $430,000 $205 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,375/month

5 Days on Market

Highlights

  • City View
  • Level Lot
  • Wood Siding
  • Forced Air Heating System

About This Home

As of July 2018

Three Cully units at a phenomenal price! Don't miss this opportunity to own a Portland multi-family in this close-in neighborhood. Sweet cottage in the back and two units in the main residence. Full basement with plenty of storage, laundry hookups, parking, and fully fenced back yard. Fresh paint and flooring--this is an income generator!

Last Agent to Sell the Property

Mark Charlesworth

Keller Williams PDX Central License #200907037 Listed on: 05/19/2018

Keller Williams PDX Central

Last Buyer's Agent

Renèe Harper

ELEETE Real Estate License #200202242

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1930

Lot Details

  • Level Lot

Parking

  • Open Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,095 Sq Ft Home
  • 3-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Rigler Elementary School
  • Madison High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R250214

Community Details

Overview

  • 3 Units
  • Property managed by Blue Key Property Management

Building Details

  • Operating Expense $9,793
  • Gross Income $37,400
  • Net Operating Income $27,647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,553

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1930
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: Yes
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Management Name: Blue Key Property Management

Schools

  • Elementary School: Rigler
  • High School: Madison

Lot Info

  • Zoning: R7
  • Parcel #: R250214

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 3553.34

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 11.63
  • Annual Gross Income: 37400.0
  • Property Net Operating Income: 27647.0
  • Annual Operating Expense: 9793.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2018
Closed on
Jun 25, 2018
Sold by
Friedman Neil R
Bought by
Chiakress Timothy and Chiakress Angel
Seller's Agent
Mark Charlesworth
Keller Williams PDX Central
Buyer's Agent
Renèe Harper
ELEETE Real Estate
List Price
$434,900
Sold Price
$430,000
Premium/Discount to List
-$4,900
-1.13%
Current Estimated Value
$543,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,313
Avg. Annual Appreciation
3.20%
Original Mortgage
$322,500
Outstanding Balance
$282,977
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$254,923

Purchase Details

Closed on
Jan 22, 2014
Sold by
Friedman Neil R
Bought by
Friedman Neil R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2006
Sold by
Kinney Ted M
Bought by
Friedman Neil R and Friedman Piri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2006
Sold by
Aperio Group Llc
Bought by
Kinney Ted M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2006
Sold by
Dixon Lillian
Bought by
Aperio Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2006
Sold by
Mills Vicki
Bought by
Dixon Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2006
Sold by
Dixon Lillian
Bought by
Mills Vicki and Trust #5102

Purchase Details

Closed on
Oct 19, 2005
Sold by
Coombe Scott
Bought by
Dixon Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
9.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 19, 2003
Sold by
Coombe Scott
Bought by
Coombe Scott and Trust 5102 Coombe

Purchase Details

Closed on
Dec 20, 2002
Sold by
Badreddine Mustapha
Bought by
Coombe Scott S and Coombe Adele H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2002
Sold by
Resources Northwest Inc
Bought by
Badreddine Mustapha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
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
Chiakress Timothy $430,000 Wfg Title
Friedman Neil R -- First American Title Company
Friedman Neil R $279,481 Lawyers Title Ins
Kinney Ted M $187,000 Lawyers Title Ins
Aperio Group Llc $139,200 Lawyers Title Ins
Dixon Lillian -- Lawyers Title Ins
Coombe Scott S -- Lawyers Title Ins
Dixon Lillian -- Lawyers Title Ins
Mills Vicki -- None Available
Dixon Lillian $280,000 First American
Coombe Scott -- --
Coombe Scott S $245,000 Fidelity Natl Title Co Of Or
Badreddine Mustapha -- Fidelity Natl Title Co Of Or
Resources Northwest Inc $5,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiakress Timothy $322,500
Previous Owner Friedman Neil R $192,000
Previous Owner Friedman Neil R $209,600
Previous Owner Dixon Lillian $192,000
Previous Owner Dixon Lillian $238,000
Previous Owner Coombe Scott S $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2018 07/05/18 Sold $430,000 -1.1% $205 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $434,900 -- $208 / 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
2023 $4,494 $169,590 $0 $0
2022 $4,397 $164,660 $0 $0
2021 $4,322 $159,870 $0 $0
2020 $3,965 $155,220 $0 $0
2019 $3,820 $150,700 $0 $0
2018 $3,707 $146,320 $0 $0
2017 $3,553 $142,060 $0 $0
2016 $3,252 $137,930 $0 $0
2015 $3,167 $133,920 $0 $0
2014 $3,119 $130,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Charlesworth

    Seller's Agent in 2018

    Mark Charlesworth

    Keller Williams PDX Central

    (503) 444-5868

    5 in this area

    555 Total Sales

    Section Image
  • Renèe Harper

    Buyer's Agent in 2018

    Renèe Harper

    ELEETE Real Estate

    (503) 314-7691

    106 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18415055

Regional Multiple Listing Service (RMLS)

APN: R250214

Oregon Multnomah County Portland 97218 Cully

5102 NE 60th Ave, Portland, OR

This home is located at 5102 NE 60th Ave, Portland, OR 97218 since 19 May 2018 and is currently estimated at $539,419, approximately $257 per square foot. This property was built in 1930. 5102 NE 60th Ave is a home located in Multnomah County with nearby schools including Scott Elementary School, Roseway Heights School, and Leodis V. McDaniel 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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