NOT LISTED FOR SALE

5125 5133 SE Woodward St SE Portland, OR 97206

Richmond Neighborhood

Estimated Value: $672,000 - $1,018,145

4 Beds
4 Baths
2,416 Sq Ft
$356/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $920,000 $381 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,315/month

20 Days on Market

Highlights

  • View of Trees or Woods
  • Corner Lot
  • Landscaped with Trees
  • Atkinson Elementary School Rated 10
  • Window Unit Cooling System
  • Zoned Heating

About This Home

As of November 2022

Is location Important? Check out this GEM of a Fourplex. Overlooking the street and nestled in trees! All units are 1 Bed/1 Bath, hardwood floors, mid-century charm and garage! Extra lock-up Storage in large basement, Coin-op washer/dryer.

Last Agent to Sell the Property

Patty Hopkins

Premiere Property Group, LLC License #930100028 Listed on: 09/02/2022

Premiere Property Group, LLC

Last Buyer's Agent

Chris Dawkins

Keller Williams PDX Central License #200604236

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,118

Year Built

  • Built in 1952

Lot Details

  • Corner Lot
  • Landscaped with Trees

Parking

  • Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,416 Sq Ft Home
  • 1-Story Property
  • Views of Woods

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Schools

  • Atkinson Elementary School
  • Mt Tabor Middle School
  • Franklin High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes gas, ground maintenance, sewer, water
  • Assessor Parcel Number R205991

Community Details

Overview

  • 4 Units
  • Leland Park Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $24,518
  • Gross Income $79,032
  • Net Operating Income $61,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,118

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1952
  • Property Condition: Approximately
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, FullBasement, StorageSpace
  • Storage: Attached,Garage
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Cedar,LapSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Security: None
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Atkinson
  • High School: Franklin
  • Middle Or Junior School: Mt Tabor

Lot Info

  • Zoning: Res
  • Parcel #: R205991

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Gas, MaintenanceGrounds, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 7118.4

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.6
  • Annual Gross Income: 79032.0
  • Property Net Operating Income: 61620.0
  • Annual Operating Expense: 24518.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Nov 10, 2022
Sold by
Carter Patricia Y
Bought by
Raleigh Lindsey M Teasdale
Seller's Agent
Patty Hopkins
Premiere Property Group, LLC
Buyer's Agent
Chris Dawkins
Keller Williams PDX Central
List Price
$995,830
Sold Price
$920,000
Premium/Discount to List
-$75,830
-7.61%
Views
6
Current Estimated Value
$859,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,464
Avg. Annual Appreciation
-2.39%
Original Mortgage
$690,000
Outstanding Balance
$669,181
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$190,355

Purchase Details

Closed on
Sep 5, 2017
Sold by
Converse Gary E
Bought by
Converse Gary E and Carter Patricia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2014
Sold by
Converse Gary E
Bought by
Converse Gary E and Gary E Converse Trust

Purchase Details

Closed on
Oct 9, 2007
Sold by
Converse Gary E
Bought by
Converse Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 5, 1999
Sold by
Converse Gary E
Bought by
Converse Gary E and Converse Pamala A
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
Raleigh Lindsey M Teasdale $920,000 Wfg Title
Converse Gary E -- Old Republic Title
Converse Gary E -- None Available
Converse Gary E -- Ticor Title Insurance Compan
Converse Gary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raleigh Lindsey M Teasdale $690,000
Previous Owner Converse Gary E $605,500
Previous Owner Converse Gary E $400,000
Previous Owner Converse Gary E $321,000
Previous Owner Converse Gary E $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $920,000 -7.6% $381 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $995,830 -- $412 / 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 $7,697 $287,670 -- --
2023 $7,401 $279,300 $0 $0
2022 $7,241 $271,170 $0 $0
2021 $7,118 $263,280 $0 $0
2020 $6,530 $255,620 $0 $0
2019 $6,290 $248,180 $0 $0
2018 $6,106 $240,960 $0 $0
2017 $5,852 $233,950 $0 $0
2016 $5,355 $227,140 $0 $0
2015 $5,215 $220,530 $0 $0
2014 $5,136 $214,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22232409

Regional Multiple Listing Service (RMLS)

APN: R205991