NOT LISTED FOR SALE

5121 SE Bush St Unit 5125 Portland, OR 97206

Creston-Kenilworth Neighborhood

Estimated Value: $533,000 - $761,000

5 Beds
3 Baths
2,030 Sq Ft
$328/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $740,000 $365 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,231/month

7 Days on Market

Highlights

  • No HOA
  • Gentle Sloping Lot
  • Heating System Mounted To A Wall or Window

About This Home

As of April 2024

Recently renovated, turnkey triplex. Perfect for investors & owner occupants - live in one unit, rent out the other two! Competitive cap rate, see attached proforma. New roof, all units fully renovated with new kitchens & bathrooms, paint, flooring. Private yard spaces for both lower units. $4,600 projected rent for all three units. Fully vacant.

Last Agent to Sell the Property

Eric Guess

Rarebird Real Estate License #201248753 Listed on: 02/24/2024

Co-Listed By

Daniel Vasquez

Rarebird Real Estate License #201222438

Last Buyer's Agent

Dustin Trump

All County Real Estate License #201010005

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,010

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 3,484 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,030 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking

Schools

  • Creston Elementary School
  • Kellogg Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • Creston Kenilworth Subdivision

Listing and Financial Details

  • Assessor Parcel Number R215121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,010

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1978
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: GentleSloping
  • Road Surface Type: Paved
  • Roof: Shingle

Garage/Parking

  • Parking Description: Driveway, Paved
  • Attached Garage: No
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Creston
  • High School: Franklin
  • Middle Or Junior School: Kellogg

Lot Info

  • Zoning: CM2
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.0
  • Parcel #: R215121

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 7010.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Mar 21, 2024
Sold by
Rarebird Inc
Bought by
Puha Claudia and Howe Geraldine
Seller's Agent
Eric Guess
Rarebird Real Estate
Buyer's Agent
Dustin Trump
All County Real Estate
List Price
$725,000
Sold Price
$740,000
Premium/Discount to List
$15,000
2.07%
Views
16
Current Estimated Value
$664,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,168
Avg. Annual Appreciation
-7.63%
Original Mortgage
$703,000
Outstanding Balance
$692,496
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$27,664

Purchase Details

Closed on
Apr 14, 2023
Sold by
Lerng Manh L
Bought by
Rarebird Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,389
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 1999
Sold by
Green Robert T
Bought by
Lerng Manh L and Li Qi Liu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,850
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
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
Puha Claudia $740,000 Wfg Title
Rarebird Inc $440,000 First American Title
Lerng Manh L $150,500 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puha Claudia $703,000
Previous Owner Rarebird Inc $143,212
Previous Owner Rarebird Inc $101,083
Previous Owner Rarebird Inc $456,389
Previous Owner Lerng Manh L $112,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $740,000 +2.1% $365 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $725,000 -- $357 / 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 $7,290 $272,470 -- --
2023 $7,010 $264,540 $0 $0
2022 $6,858 $256,840 $0 $0
2021 $6,742 $249,360 $0 $0
2020 $6,185 $242,100 $0 $0
2019 $5,958 $235,050 $0 $0
2018 $5,782 $228,210 $0 $0
2017 $5,542 $221,570 $0 $0
2016 $5,072 $215,120 $0 $0
2015 $4,719 $208,860 $0 $0
2014 $4,462 $202,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Eric Guess

    Rarebird Real Estate

    (503) 360-3329

    1 in this area

    13 Total Sales

    Eric Guess
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    Daniel Vasquez

    Rarebird Real Estate

    (503) 451-0545

    2 in this area

    23 Total Sales

    Daniel Vasquez
    Section Image
  • Dustin Trump

    Buyer's Agent in 2024

    Dustin Trump

    All County Real Estate

    (503) 504-0191

    1 in this area

    62 Total Sales

    Dustin Trump
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24668318

Regional Multiple Listing Service (RMLS)

APN: R215121

Oregon Multnomah County Portland 97206 Creston-Kenilworth

5121 SE Bush St Unit 5125, Portland, OR

This home is located at 5121 SE Bush St Unit 5125, Portland, OR 97206 since 24 February 2024 and is currently estimated at $664,832, approximately $327 per square foot. This property was built in 1978. 5121 SE Bush St Unit 5125 is a home located in Multnomah County with nearby schools including Creston Elementary School, Hosford Middle School, and Franklin 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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