NOT LISTED FOR SALE

5134 N Interstate Ave Portland, OR 97217

Humboldt Neighborhood

Estimated Value: $509,000 - $814,000

0.11 Acre
$5,471,536 Price per Acre
4,791 Sq Ft Lot

Last Sold August 26, 2022

Last sale price $585,000 $812 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,574/month

199 Days on Market

Highlights

  • Corner Lot
  • 3-minute walk to N Killingsworth
  • No Heating
  • Beach Elementary School Rated A-
  • No HOA
  • 2-minute walk to Patton Square Park

About This Lot

As of August 2022

This property sits on 5,000 SF of CM3 (Commercial Mixed Use) Zoning and has excellent amenities nearby- including New Seasons, Fred Meyers, restaurants, bars, and public transportation. High Density Commercial Mixed Use Zone with a floor area ratio of 3 : 1 and 5 : 1 with provisions. This property is currently vacant. Well suited for a multifamily development site as Portland is suffering a housing shortage!

Last Listed By

Nick Krautter

City and State Real Estate License #200601292 Listed on: 01/11/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,170

Year Built

  • 1906

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 50 x100
  • Corner Lot
  • Level Lot
  • Property is zoned CM3

Home Design

  • Mixed Use

Additional Homes

  • Residence on Property

Schools

  • Beach Elementary School
  • Ockley Green Middle School
  • Roosevelt High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R210613

Property Details

Property Type

Land

Est. Annual Taxes

$2,170

Year Built

1906

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: MixedUse
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Year Built: 1906

Interior Features

  • High School2: Roosevelt
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Road Frontage: Yes
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Other Structures: Other, Residence

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityConnected, SewerConnected, WaterConnected
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association Amenities: Unknown
  • Association: No

Schools

  • Elementary School: Beach
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: CM3
  • Present Use: MixedUse
  • Soil Condition: CompactedSoil
  • Land Description: Level
  • Lot Size Acres: 0.11
  • Lot Size: 50 x100
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R210613

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 2169.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Aug 19, 2022
Sold by
Ascent Capital Fund Iii Llc
Bought by
Emunah Llc
Seller's Agent
Nick Krautter
City and State Real Estate
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%
Total Days on Market
199
Current Estimated Value
$601,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,869
Avg. Annual Appreciation
0.25%

Purchase Details

Closed on
Jul 27, 2021
Sold by
Build Urban Llc
Bought by
Ascent Capital Fund Iii Llc

Purchase Details

Closed on
Jul 28, 2020
Sold by
Build Urban Llc
Bought by
Ascent Capital Fund Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2018
Sold by
Build Urban Llc
Bought by
5134 Interstae Partners Llc

Purchase Details

Listed on
May 6, 2017
Closed on
Nov 29, 2017
Sold by
Willett Howard J
Bought by
Build Urban Llc
Seller's Agent
Orly Halpern
John L. Scott Portland Central
Buyer's Agent
Jeffrey Clair
All Professionals Real Estate
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%
Original Mortgage
$765,000
Interest Rate
3.9%
Mortgage Type
Commercial

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
Emunah Llc $565,000 First American Title
Ascent Capital Fund Iii Llc -- None Available
Ascent Capital Fund Iii Llc -- None Available
5134 Interstae Partners Llc -- First American Title Ins Co
Build Urban Llc $540,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ascent Capital Fund Iii Llc $328,000
Previous Owner Build Urban Lld $765,000
Previous Owner Build Urban Llc $512,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $585,000 -1.7% $813 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $595,000 0.0% $826 / Sq Ft
07/11/2022 07/11/22 For Sale $595,000 +1.7% $826 / Sq Ft
07/11/2022 07/11/22 Off Market $585,000 -- --
05/09/2022 05/09/22 Price Changed $635,000 -2.3% $882 / Sq Ft
01/11/2022 01/11/22 For Sale $650,000 +20.4% $903 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
12/06/2017 12/06/17 Sold $540,000 -6.1% $359 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $575,000 -- $382 / 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 $2,459 $92,790 $0 $0
2022 $2,406 $90,090 $0 $0
2021 $2,365 $87,470 $0 $0
2020 $2,170 $84,930 $0 $0
2019 $2,090 $82,460 $0 $0
2018 $2,029 $80,060 $0 $0
2017 $1,944 $77,730 $0 $0
2016 $1,779 $75,470 $0 $0
2015 $1,733 $73,280 $0 $0
2014 $1,707 $71,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22171684

Regional Multiple Listing Service (RMLS)

APN: R210613