$405,000
SOLD OCT 21, 2024

5225 SW Oleson Rd Unit 16 Portland, OR 97225

Raleigh Hills Neighborhood
2 Beds
1.5 Baths
1,113 Sq Ft
$525/mo HOA Fee

Recently Sold

$364 Per Sq Ft

1% Above List Price

25 Days on Market

Highlights

  • View of Trees or Woods
  • Heated Floors
  • Covered Deck
  • Montclair Elementary School Rated A-
  • Midcentury Modern Architecture
  • Private Lot

About This Home

As of October 2024

Calling all mid-century modern lovers! Welcome home to Raleighhurst Terrace. A stylish one-level condo community of just 16 units in the heart of close-in Washington county's beloved Raleigh Hills neighborhood. This completely remodeled two bedroom floor plan lives comfortably and is move-in ready featuring hardwood floors throughout, vaulted ceilings and a cozy double sided fireplace. Since the owners purchased the property in 2018 many improvements have been made including: refinished hardwoods, fresh paint, new kitchen & bathrooms, all new vinyl windows/back deck sliding door, heated floors, pantry added, new cadet heaters, all new doors, all new plumbing in the crawlspace and more! Outdoors you will love the large deck space off the dining room and the other lower deck overlooking the trees and Fanno Creek. The community swimming pool and landscaped grounds are beautifully maintained. The parking space is very close and just across the way from the front door. Washer and dryer in the unit. Storage locker and secondary washer and dryer available in the complexes' community room. Hurry, don't miss this one!

Last Agent to Sell the Property

Megan Meagher

Keller Williams Realty Professionals License #200306150

Keller Williams Realty Professionals

Last Buyer's Agent

Shane Miller

Works Real Estate License #201255086

Works Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,147

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • Creek or Stream
  • Adjacent to Greenbelt

HOA Fees

  • $525 Monthly HOA Fees

Property Views

  • Woods
  • Creek or Stream

Home Design

  • Midcentury Modern Architecture
  • Brick Exterior Construction
  • Membrane Roofing
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,113 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Double Convection Oven
  • Free-Standing Gas Range
  • Free-Standing Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Garage
  • Parking Pad
  • Off-Street Parking

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Minimal Steps

Schools

  • Montclair Elementary School
  • Whitford Middle School
  • Southridge High School

Utilities

  • Cooling Available
  • Zoned Heating
  • Mini Split Heat Pump
  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Covered Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number R100465

Community Details

Overview

  • 16 Units
  • Raleighhurst Terrace Association, Phone Number (503) 957-8303
  • Raleighurst Terrace Condo Subdivision
  • On-Site Maintenance

Amenities

  • Courtyard
  • Community Deck or Porch
  • Common Area
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,147

Year Built

Built in 1959 | Remodeled

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1959
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, MidCenturyModern
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 16
  • CondominiumYardYN: Yes
  • Open House: No
  • Room 11 Features: Pantry,UpdatedRemodeled
  • Room 12 Features: Fireplace,HardwoodFloors
  • Room 13 Features: HardwoodFloors
  • Room 7 Features: HardwoodFloors
  • Room 9 Features: Deck,Fireplace,HardwoodFloors
  • CondominiumTotalLevels: 1
  • Unit Floor Number: 1
  • Special Features: None

Interior Features

  • Accessibility Features: GroundLevel, MainFloorBedroomBath, MinimalSteps, OneLevel, UtilityRoomOnMain
  • Total Bathrooms: 1.1
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, HardwoodFloors, HeatedTileFloor, HighCeilings, HighSpeedInternet, Laundry, Quartz, TileFloor, VaultedCeiling, WasherDryer, WoodFloors
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: ConvectionOven, Dishwasher, Disposal, DoubleOven, FreeStandingGasRange, FreeStandingRange, FreeStandingRefrigerator, Microwave, Pantry, PlumbedForIceMaker, Quartz, SolidSurfaceCountertop, StainlessSteelAppliance, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Stories: 1
  • Main Level Full Bathrooms: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 90
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room9 Area: 100
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Exterior Features: CoveredDeck, Deck, GasHookup
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Commons, GreenBelt, OnBusline, Private, Stream
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Membrane
  • View: CreekStream,TreesWoods

Garage/Parking

  • Parking Description: OffStreet, ParkingPad
  • Attached Garage: No
  • CondominiumGarageType: Undeeded
  • CondominiumParkingSpaceNo: 166
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: AllLandscaping, Commons, ExteriorMaintenance, Insurance, MaintenanceGrounds, Pool, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 525.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: TBA
  • CondominiumAssociationEmail: TBA
  • CondominiumAssociationName: Raleighhurst Terrace
  • CondominiumAssociationPhone: 503-957-8303
  • CondominiumAssociationURLYN: Yes

Schools

  • Elementary School: Montclair
  • High School: Southridge
  • Middle Or Junior School: Whitford

Lot Info

  • Farm: No
  • Land Lease: No
  • Parcel #: R100465

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3147.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 15, 2024
Sold by
Delgado David and Delgado Diane
Bought by
Ganje Holly
Seller's Agent
Megan Meagher
Keller Williams Realty Professionals
Buyer's Agent
Shane Miller
Works Real Estate
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%
Total Days on Market
25
Views
55
Current Estimated Value
$392,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,916
Avg. Annual Appreciation
-4.01%
Original Mortgage
$375,000
Outstanding Balance
$374,300
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$21,351

Purchase Details

Listed on
Aug 24, 2018
Closed on
Aug 28, 2018
Sold by
Robbins Riann A and Robbins Jamin J
Bought by
Delgado Diane and Delgado David
Seller's Agent
Martin Helleson
Windermere Realty Trust
Buyer's Agent
Nancy Buller
Keller Williams Realty Professionals
List Price
$275,000
Sold Price
$263,000
Premium/Discount to List
-$12,000
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$210,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2007
Sold by
Chaffeur Kenneth T
Bought by
Robbins Riann A and Robbins Jamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2005
Sold by
Bornowski Mark and Bornowski Maria
Bought by
Chaffeur Kenneth T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,400
Interest Rate
6.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 13, 2000
Sold by
Caufield Donna Madelle
Bought by
Bornowski Mark and Bornowski Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,800
Interest Rate
8.11%

Purchase Details

Closed on
Jul 6, 1995
Sold by
Bryson Farris H and Bryson Lillian A
Bought by
Caufield Joseph and Caufield Donna Madelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,400
Interest Rate
7.9%

Map

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 Type Sale Price Title Company
Warranty Deed $405,000 Wfg Title
Warranty Deed $263,000 First American Title
Warranty Deed $200,000 First American
Warranty Deed $124,300 Fidelity Natl Title Co Of Or
Warranty Deed $118,500 Chicago Title Insurance Co
Warranty Deed $92,430 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $212,200 New Conventional
Previous Owner $210,400 New Conventional
Previous Owner $180,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $195,015 Credit Line Revolving
Previous Owner $194,000 Unknown
Previous Owner $75,000 Stand Alone Second
Previous Owner $99,400 Unknown
Previous Owner $94,800 No Value Available
Previous Owner $52,400 No Value Available
Closed $24,860 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $405,000 +1.3% $364 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $399,900 +52.1% $359 / Sq Ft
10/16/2018 10/16/18 Sold $263,000 -4.4% $236 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $275,000 -- $247 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,351 $253,300 -- --
2024 $3,147 $179,680 -- --
2023 $3,147 $174,450 $0 $0
2022 $3,045 $174,450 $0 $0
2021 $2,936 $164,440 $0 $0
2020 $2,847 $159,660 $0 $0
2019 $2,754 $155,010 $0 $0
2018 $2,664 $150,500 $0 $0
2017 $2,504 $146,120 $0 $0
2016 $2,320 $141,870 $0 $0
2015 $2,381 $137,740 $0 $0
2014 $2,334 $133,730 $0 $0
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24240006

Regional Multiple Listing Service (RMLS)

APN: R0100465