NOT LISTED FOR SALE

5116 NE Garfield Ave Portland, OR 97211

King Neighborhood

Estimated Value: $660,000 - $709,106

4 Beds
1 Bath
2,870 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $510,000 $178 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,425/month

27 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • 1 Car Detached Garage
  • 1 Fireplace
  • No HOA
  • 4-minute walk to Mallory park

About This Home

As of December 2019

A CHARMING BUNGALOW IN THE HEART OF NE PORTLAND WITH A BIKE SCORE OF 99 & WALK SCORE OF 93. THIS HOME HAS FOUR OVERSIZED BEDROOMS + UPDATED KITCHEN AND BATHROOM. YOU'LL ENJOY ALL THE WARMTH THE LIVING ROOM & FIREPLACE HAS TO OFFER. DINING ROOM FEATURES INCLUDE BUILT-INS TO DISPLAY GLASS & DINNERWARE. A PERFECT LAYOUT FOR AN ENTERTAINER!

Last Agent to Sell the Property

Cagney McClung

Apex Residential License #200111167 Listed on: 09/13/2019

Last Buyer's Agent

Edward Petrossian

RE/MAX Equity Group License #891100084

RE/MAX Equity Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,823

Year Built

  • Built in 1923

Lot Details

  • 4,791 Sq Ft Lot
  • Private Yard

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 2,870 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Martinl King Jr Elementary School
  • Jefferson High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R298118

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,823

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1923
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, Laundry, TileFloor, WalltoWallCarpet, WoodFloors
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • 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: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Other
  • Exterior Features: Porch, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached
  • Parking Description: OnStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: MartinL King Jr
  • High School: Jefferson

Lot Info

  • Farm: No
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R298118

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 6823.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Dec 4, 2019
Sold by
Garfield Sumner Llc
Bought by
Petrossian Gregory
Seller's Agent
Cagney McClung
Apex Residential
Buyer's Agent
Edward Petrossian
RE/MAX Equity Group
List Price
$524,900
Sold Price
$510,000
Premium/Discount to List
-$14,900
-2.84%
Current Estimated Value
$680,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,527
Avg. Annual Appreciation
5.17%
Original Mortgage
$484,350
Outstanding Balance
$429,174
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$251,353

Purchase Details

Closed on
Nov 9, 2016
Sold by
Majestic Alberta Commons Llc
Bought by
Garfield Sumner Llc

Purchase Details

Closed on
Dec 3, 2004
Sold by
Reiss Rebecca
Bought by
City Of Portland and Portland Development Commission

Purchase Details

Closed on
Nov 12, 2001
Sold by
Gentile Jill Elizabeth
Bought by
Reiss Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1998
Sold by
Hopkins Wanda
Bought by
Gentile Jill Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1996
Sold by
Jones Emersen C
Bought by
Warren Kenneth L
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
Petrossian Gregory $510,000 Chicago Title Company Of Or
Garfield Sumner Llc -- Fidelity Natl Title Of Or
City Of Portland $291,000 Ticor Title
Reiss Rebecca $179,000 Ticor Title Insurance Compan
Gentile Jill Elizabeth $124,000 Pacific Nw Title
Warren Kenneth L $11,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrossian Gregory $484,350
Previous Owner Reiss Rebecca $143,200
Previous Owner Gentile Jill Elizabeth $120,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2019 12/05/19 Sold $510,000 -2.8% $178 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $524,900 -- $183 / 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 $8,602 $321,510 -- --
2023 $8,272 $312,150 $0 $0
2022 $8,092 $303,060 $0 $0
2021 $7,956 $294,240 $0 $0
2020 $7,298 $285,670 $0 $0
2019 $7,030 $277,350 $0 $0
2018 $6,823 $269,280 $0 $0
2017 $6,539 $0 $0 $0
2016 $5,003 $212,210 $0 $0
2015 $4,872 $206,030 $0 $0
2014 $4,798 $200,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cagney McClung

    Seller's Agent in 2019

    Cagney McClung

    Apex Residential

    (503) 544-6502

    30 Total Sales

    Cagney McClung
    Section Image

  • E

    Buyer's Agent in 2019

    Edward Petrossian

    RE/MAX

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19667597

Regional Multiple Listing Service (RMLS)

APN: R298118

Oregon Multnomah County Portland 97211 King

5116 NE Garfield Ave, Portland, OR

This home is located at 5116 NE Garfield Ave, Portland, OR 97211 since 13 September 2019 and is currently estimated at $680,527, approximately $237 per square foot. This property was built in 1923. 5116 NE Garfield Ave is a home located in Multnomah County with nearby schools including Martin Luther King Jr. School, Harriet Tubman Middle School, and Jefferson 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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