NOT LISTED FOR SALE

517 NE Failing St Portland, OR 97212

King Neighborhood

Estimated Value: $416,000 - $549,000

2 Beds
1 Bath
1,584 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $405,000 $256 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,680/month

Highlights

  • Wood Flooring
  • High Ceiling
  • Wood Frame Window
  • Sabin Elementary School Rated A-
  • Private Yard
  • 3-minute walk to Two Plum Park

About This Home

As of September 2021

Great home with high ceilings, original wood floors, charm galore in a great location with great schools. Walk score is 86 and bike score is 99!! Shops and park nearby. A little bit of love and this little cutie will shine!

Last Agent to Sell the Property

Ruth Tarr

Tarr Realty NW LLC. License #200203405 Listed on: 06/11/2021

Co-Listed By

Dodie Jensen

Tarr Realty NW LLC. License #201215585

Last Buyer's Agent

Chad Draper

Keller Williams PDX Central License #201204504

Keller Williams PDX Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,569

Year Built

  • Built in 1911

Lot Details

  • Level Lot
  • Landscaped with Trees
  • Private Yard

Parking

  • Detached Garage
  • On-Street Parking

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Wood Frame Window
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Additional Features

  • Accessibility Features
  • Patio
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,569

Year Built

Built in 1911

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Bungalow
  • Sq Ft Calculated: 792
  • Sq Ft Approximate Total: 1584
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1911
  • Property Condition: Resale
  • Remarks Public: Great home with high ceilings, original wood floors, charm galore in a great location with great schools. Walk score is 86 and bike score is 99!! Shops and park nearby. A little bit of love and this little cutie will shine!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Main Floor Bedroom w/Bath
  • Additional Rooms: Laundry, Storage
  • All Room Features: Hardwood Floors, High Ceilings, Wood Floors
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Interior Amenities: Laundry, High Ceilings, Wood Floors
  • Kitchen Appliances: Dishwasher, Tile
  • Legal Description: NORTH IRVINGTON, BLOCK 2, ELY 44' OF LOT 8
  • Sq Ft Lower Level: 792
  • Sq Ft Main Level: 792
  • Bedrooms: 2
  • Master Bedroom: Features: High Ceilings, Wood Floors,On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Basement: Full Basement, Unfinished
  • Living Room: Features: Hardwood Floors, High Ceilings,On Level: Main
  • Kitchen: Features: High Ceilings,On Level: Main
  • Additional Room 1: Description: Laundry,On Level: Lower
  • Additional Room 2: Description: Storage,On Level: Lower
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1
  • Window Features: Wood Frames

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Patio, Yard
  • Lot Size: 0-2,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Detached
  • Parking Description: On Street

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Schools

  • Elementary School: Sabin
  • Middle School: Beaumont
  • High School: Grant

Lot Info

  • Lot Description: Level, Trees
  • Acres: 0.05

Rental Info

  • Rent Amount: 1800

Tax Info

  • Tax Amount: 2179.95
  • Assessor Parcel Number: R226512
  • Tax Year: 2020

MLS Schools

  • Elementary School: Sabin
  • High School: Grant
  • Middle School: Beaumont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Sep 20, 2021
Sold by
Heidrich Christopher
Bought by
Valkov Christo
Seller's Agent
Ruth Tarr
Tarr Realty NW LLC.
Buyer's Agent
Chad Draper
Keller Williams PDX Central
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%
Current Estimated Value
$465,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,073
Avg. Annual Appreciation
3.48%
Original Mortgage
$283,500
Outstanding Balance
$257,579
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$207,494

Purchase Details

Listed on
Jun 11, 2021
Closed on
Sep 1, 2021
Sold by
Heidrich Christopher
Bought by
Valko Christo
Seller's Agent
Ruth Tarr
Tarr Realty NW LLC.
Buyer's Agent
Chad Draper
Keller Williams PDX Central
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Outstanding Balance
$257,579
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$207,494

Purchase Details

Closed on
Feb 5, 2007
Sold by
Bates Lonnie L
Bought by
Heidrich Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,300
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Bates Lonnie L
Bought by
Bates Lonnie L and Beverly Bates Joanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2002
Sold by
C & L Homes Inc
Bought by
Bates Lonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1998
Sold by
Walton Willie Mae
Bought by
C & L Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.11%

Purchase Details

Closed on
Nov 12, 1996
Sold by
Shields J R
Bought by
Walton Willie Mae

Purchase Details

Closed on
Aug 25, 1996
Sold by
Olive John L
Bought by
Shields J R and Shields Yvonne

Purchase Details

Closed on
Aug 7, 1996
Sold by
Shields J R
Bought by
Walton Willie Mae
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
Valkov Christo $405,000 None Listed On Document
Valko Christo $405,000 Wfg Title
Heidrich Christopher $235,000 Fidelity Natl Title Co Of Or
Bates Lonnie L -- Oregon Title Insurance Co
Bates Lonnie L $71,000 Oregon Title Insurance Co
C & L Homes Inc $58,000 Oregon Title Insurance Co
Walton Willie Mae $13,343 Stewart Title
Shields J R $16,000 Stewart Title
Walton Willie Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valkov Christo $283,500
Closed Valko Christo $283,500
Previous Owner Heidrich Christopher $213,300
Previous Owner Bates Lonnie L $108,000
Previous Owner C & L Homes Inc $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $405,000 +1.5% $256 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $399,000 -- $252 / 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 $2,569 $96,010 -- --
2023 $2,569 $93,220 $0 $0
2022 $2,417 $90,510 $0 $0
2021 $2,376 $87,880 $0 $0
2020 $2,180 $85,330 $0 $0
2019 $2,100 $82,850 $0 $0
2018 $2,038 $80,440 $0 $0
2017 $1,954 $78,100 $0 $0
2016 $1,788 $75,830 $0 $0
2015 $1,741 $73,630 $0 $0
2014 $1,715 $71,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ruth Tarr

    Seller's Agent in 2021

    Ruth Tarr

    Tarr Realty NW LLC.

    (503) 806-0133

    1 in this area

    12 Total Sales

    Ruth Tarr
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Dodie Jensen

    Tarr Realty NW LLC.

    (503) 806-0133

    1 in this area

    35 Total Sales

    Dodie Jensen
    Section Image

  • C

    Buyer's Agent in 2021

    Chad Draper

    Keller Williams PDX Central

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21661807

Regional Multiple Listing Service (RMLS)

APN: R226512

Oregon Multnomah County Portland 97212 King

517 NE Failing St, Portland, OR

This home is located at 517 NE Failing St, Portland, OR 97212 since 11 June 2021 and is currently estimated at $465,073, approximately $293 per square foot. This property was built in 1911. 517 NE Failing St is a home located in Multnomah County with nearby schools including Sabin Elementary 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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