$339,000
SOLD MAR 7, 2012

5133 NE Davis St Unit 5135 Portland, OR 97213

North Tabor Neighborhood
-- Bed
-- Bath
2,640 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

3% Below List Price

129 Days on Market

Highlights

  • Territorial View
  • Guest Parking
  • Level Lot
  • U.S. Grant High School Rated A
  • Baseboard Heating

About This Home

As of September 2016

Good investment opportunity close in eastside served by Laurelhurst & Grant schools.Include all appliances. 1 unit currently rented $1050/mo.2nd unit remodeled w/yard, rents for $1350.

Last Agent to Sell the Property

Suzanne Clark

Cascade Hasson Sotheby's International Realty License #200608182 Listed on: 09/05/2011

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Nick Shivers

Keller Williams PDX Central License #200209063

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,701

Year Built

  • Built in 1974

Lot Details

  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Territorial Views
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Guest Parking

Schools

  • Laurelhurst Elementary School
  • Grant High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R130698

Community Details

Overview

  • 2 Units
  • Center Subdivision

Amenities

  • Common Area

Building Details

  • Operating Expense $6,586
  • Gross Income $28,800
  • Net Operating Income $22,214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,701

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1974
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Locked
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Aluminum
  • Lot Size: 5,000 to 6,999 SqFt
  • View: Yes
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Guest, Paved
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Commons

Schools

  • Elementary School: Laurelhurst
  • High School: Grant

Lot Info

  • Zoning: MULTI
  • Parcel #: R130698

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3701.11

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.15
  • Annual Gross Income: 28800.0
  • Property Net Operating Income: 22214.0
  • Annual Operating Expense: 6586.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Sep 9, 2016
Sold by
Lovern David G
Bought by
Stubbe Micheal R and Stubbe Kimberly M Roberson
Seller's Agent
Brian Tienken
eXp Realty, LLC
Buyer's Agent
Jeffrey Capen
Windermere Realty Trust
List Price
$644,900
Sold Price
$657,000
Premium/Discount to List
$12,100
1.88%
Current Estimated Value
$789,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,021
Avg. Annual Appreciation
2.10%
Original Mortgage
$492,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2011
Closed on
Mar 6, 2012
Sold by
Devita George
Bought by
Lovern David G and Lovern Bridget M
Seller's Agent
Suzanne Clark
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Nick Shivers
Keller Williams PDX Central
List Price
$349,900
Sold Price
$339,000
Premium/Discount to List
-$10,900
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%
Original Mortgage
$327,135
Interest Rate
3.92%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $657,000 First American
Warranty Deed $339,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,250 New Conventional
Closed $492,750 New Conventional
Previous Owner $327,135 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $657,000 +1.9% $249 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $644,900 +90.2% $244 / Sq Ft
03/07/2012 03/07/12 Sold $339,000 -3.1% $128 / Sq Ft
01/12/2012 01/12/12 Pending -- -- --
09/05/2011 09/05/11 For Sale $349,900 -- $133 / 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 $7,294 $275,260 $0 $0
2022 $7,136 $267,250 $0 $0
2021 $7,015 $259,470 $0 $0
2020 $6,436 $251,920 $0 $0
2019 $6,199 $244,590 $0 $0
2018 $6,017 $237,470 $0 $0
2017 $5,767 $204,370 $0 $0
2016 $4,678 $198,420 $0 $0
2015 $4,556 $192,650 $0 $0
2014 $4,487 $187,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11150564

Regional Multiple Listing Service (RMLS)

APN: R130698