NOT LISTED FOR SALE

5105 SE Tibbetts St Unit 5109 Portland, OR 97206

Richmond Neighborhood

Estimated Value: $634,000 - $841,000

5 Beds
3 Baths
3,420 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $599,000 $175 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,672/month

38 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Washer and Dryer
  • Wood Flooring
  • Fireplace

About This Home

As of July 2019

Excellent investment opportunity! Perfectly maintained Turn-Key duplex with a non-conforming third unit on large corner lot in Richmond! Basement unit has potential as an ADU with an extra 2 bedrooms, bathroom, full kitchen, and separate entrance. Both units have been owner occupied and well maintained with brick fireplaces and hardwood floors in the main living spaces.

Last Agent to Sell the Property

Dustin Miller

Kelly Right Real Estate of Portland, LLC License #201218282 Listed on: 05/24/2019

Kelly Right Real Estate of Portland, LLC

Last Buyer's Agent

Ruth Price

Windermere Realty Trust License #200208141

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,700

Year Built

  • Built in 1956

Lot Details

  • 5,489

Parking

  • Paved Parking

Home Design

  • Shake Siding

Interior Spaces

  • Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Deck
  • Corner Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,700

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3420
  • Year Built: 1956
  • Remarks Public: Excellent investment opportunity! Perfectly maintained Turn-Key duplex with a non-conforming third unit on large corner lot in Richmond! Basement unit has potential as an ADU with an extra 2 bedrooms, bathroom, full kitchen, and separate entrance. Both units have been owner occupied and well maintained with brick fireplaces and hardwood floors in the main living spaces.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CRESTON, BLOCK 1, S 5' OF LOT 7, LOT 8
  • Basement: Full Basement
  • Storage: Basement

Exterior Features

  • Exterior Description: Shake Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Parking Description: Paved

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Disposal, Fireplace, Hardwood Floors, Washer/Dryer, Air Conditioning

Schools

  • Elementary School: Creston
  • High School: Franklin

Lot Info

  • Lot Description: Corner Lot
  • Zoning: R5

Rental Info

  • Rent Includes: Sewer

Tax Info

  • Tax Amount: 5147.19
  • Assessor Parcel Number: R142608
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Creston
  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 22, 2019
Sold by
Craft Mary E and Campbell Marsha A
Bought by
Weeks Brandon
Seller's Agent
Dustin Miller
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Ruth Price
Windermere Realty Trust
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$744,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,929
Avg. Annual Appreciation
4.60%
Original Mortgage
$588,150
Outstanding Balance
$519,463
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$265,721

Purchase Details

Closed on
Apr 21, 2006
Sold by
Boyer Alan R
Bought by
Craft Mary E and Campbell Marsha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 19, 2005
Sold by
Welp Sally J
Bought by
Boyer Alan R and Baker Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
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
Weeks Brandon $599,000 Fidelity National Ttl Of Or
Craft Mary E $330,000 Chicago Title Insurance Comp
Boyer Alan R $235,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weeks Brandon $588,150
Previous Owner Craft Mary E $229,000
Previous Owner Craft Mary E $215,270
Previous Owner Craft Mary E $199,000
Previous Owner Craft Mary E $50,000
Previous Owner Craft Mary E $180,000
Previous Owner Boyer Alan R $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $599,000 0.0% $175 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $599,000 0.0% $175 / Sq Ft
06/22/2019 06/22/19 Off Market $599,000 -- --
06/22/2019 06/22/19 For Sale $599,000 0.0% $175 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $599,000 0.0% $175 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $599,000 -- $175 / 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 $6,700 $243,130 $0 $0
2022 $6,303 $236,050 $0 $0
2021 $6,196 $229,180 $0 $0
2020 $5,684 $222,514 $0 $0
2019 $5,303 $209,230 $0 $0
2018 $5,147 $203,140 $0 $0
2017 $4,933 $197,230 $0 $0
2016 $4,515 $191,490 $0 $0
2015 $4,397 $185,920 $0 $0
2014 $4,330 $180,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dustin Miller

    Seller's Agent in 2019

    Dustin Miller

    Kelly Right Real Estate of Portland, LLC

    (503) 927-0181

    5 in this area

    55 Total Sales

    Section Image

  • R

    Buyer's Agent in 2019

    Ruth Price

    Windermere Realty Trust

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19317227

Regional Multiple Listing Service (RMLS)

APN: R142608

Oregon Multnomah County Portland 97206 Richmond

5105 SE Tibbetts St Unit 5109, Portland, OR

This home is located at 5105 SE Tibbetts St Unit 5109, Portland, OR 97206 since 24 May 2019 and is currently estimated at $744,929, approximately $217 per square foot. This property was built in 1956. 5105 SE Tibbetts St Unit 5109 is a home located in Multnomah County with nearby schools including Creston Elementary School, Hosford Middle School, and Franklin High School.

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