NOT LISTED FOR SALE

5207 SE 28th Ave Unit 5209 Portland, OR 97202

Reed Neighborhood

Estimated Value: $630,000 - $788,000

4 Beds
2 Baths
2,200 Sq Ft
$325/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $810,000 $368 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,422/month

Highlights

  • Private Lot
  • Wood Flooring
  • Air Conditioning
  • Grout Elementary School Rated 9+
  • Fireplace
  • Parking Storage or Cabinetry

About This Home

As of April 2022

Tucked away down a private driveway. Gorgeous remodeled Duplex. Projected Cap rate 4.9+ Relaxing, private fenced yard spaces. Close to Woodstock shopping, New Seasons, coffee, breweries, Crystal Gardens, public golf. Spacious Vaulted Living rm w/interior balcony. Open kitchen, New wood floors, Central forced heat/AC! Separate 2car garage is extra deep. Ask Your Agent to View. 2016: New roof, Furnace/AC, Waterline. Listing Agent is sole Member of owner, 28th Duplex, LLC.

Last Agent to Sell the Property

Karin Lambert

MORE Realty License #970900251 Listed on: 02/04/2022

MORE Realty

Last Buyer's Agent

Beth Benner

Real Broker License #200404033

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,134

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • Private Lot
  • Level Lot
  • Flag Lot

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Assigned Parking

Utilities

  • Air Conditioning
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,134

Year Built

Built in 1982 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2200
  • Stories: 2
  • Year Built: 1982
  • Property Condition: Updated/Remodeled
  • Remarks Public: Tucked away down a private driveway. Gorgeous remodeled Duplex. Projected Cap rate 4.9+ Relaxing, private fenced yard spaces. Close to Woodstock shopping, New Seasons, coffee, breweries, Crystal Gardens, public golf. Spacious Vaulted Living rm w/interior balcony. Open kitchen, New wood floors, Central forced heat/AC! Separate 2car garage is extra deep. Ask Your Agent to View. 2016: New roof, Furnace/AC, Waterline. Listing Agent is sole Member of owner, 28th Duplex, LLC.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 13 1S 1E, TL 3700 0.14 ACRES
  • Basement: Crawl Space, None
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Cable

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Fireplace, Hardwood Floors, Washer/Dryer, Air Conditioning

Schools

  • Elementary School: Grout
  • Middle School: Hosford
  • High School: Cleveland

Lot Info

  • Lot Description: Level, Private, Flag Lot
  • Zoning: R2
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 7
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10198664
  • Green Verification HES Year: 2022

Rental Info

  • Rent Includes: Trash Collection, Maintenance Grounds

Tax Info

  • Tax Amount: 5999.69
  • Assessor Parcel Number: R328356
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.99

MLS Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle School: Hosford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Todd Bonnie Lee
Bought by
Bonnie Todd And Lee Whittington Revocable Liv and Todd
Current Estimated Value
$715,361

Purchase Details

Listed on
Feb 4, 2022
Closed on
Apr 22, 2022
Sold by
28Th Duplex Llc
Bought by
Todd Bonnie Lee
Seller's Agent
Karin Lambert
MORE Realty
Buyer's Agent
Beth Benner
Real Broker
List Price
$795,500
Sold Price
$810,000
Premium/Discount to List
$14,500
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.48%
Original Mortgage
$767,711
Interest Rate
4.16%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 24, 2017
Sold by
Lambert David Scott
Bought by
28Th Duplex Llc

Purchase Details

Closed on
Aug 20, 2015
Sold by
Owens Joane C
Bought by
Lambert David Scott and Lambert Karin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 1995
Sold by
Kraschel Mark R
Bought by
Owens Joane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.35%
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
Bonnie Todd And Lee Whittington Revocable Liv -- None Listed On Document
Todd Bonnie Lee $810,000 Ticor Title
28Th Duplex Llc -- None Available
Lambert David Scott $400,000 Fidelity Natl Title Co Of Or
Owens Joane C $130,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Todd Bonnie Lee $767,711
Previous Owner Lambert David Scott $240,000
Previous Owner Owens Joane C $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $810,000 +1.8% $368 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $795,500 -- $362 / 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
2025 $8,134 $301,890 -- --
2024 $7,842 $293,100 -- --
2023 $7,540 $284,560 $0 $0
2022 $6,653 $249,140 $0 $0
2021 $6,540 $241,890 $0 $0
2020 $6,000 $234,850 $0 $0
2019 $5,779 $228,010 $0 $0
2018 $5,609 $221,370 $0 $0
2017 $5,376 $214,930 $0 $0
2016 $4,920 $208,670 $0 $0
2015 $4,791 $202,600 $0 $0
2014 $4,719 $196,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Karin Lambert

    MORE Realty

    (503) 516-5133

    1 in this area

    20 Total Sales

    Karin Lambert
    Section Image
  • Beth Benner

    Buyer's Agent in 2022

    Beth Benner

    Real Broker

    (503) 819-2885

    2 in this area

    274 Total Sales

    Beth Benner
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22149236

Regional Multiple Listing Service (RMLS)

APN: R328356

Oregon Multnomah County Portland 97202 Reed

5207 SE 28th Ave Unit 5209, Portland, OR

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