NOT LISTED FOR SALE

5233 SE Cesar e Chavez Blvd Portland, OR 97202

Reed Neighborhood

Estimated Value: $545,316 - $621,000

4 Beds
2 Baths
1,536 Sq Ft
$383/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $430,000 $280 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,581/month

6 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Washer and Dryer
  • Grout Elementary School Rated 9+
  • Fireplace
  • 1-Story Property

About This Home

As of May 2016

In 2012, the owner raised this house adding a high ceilinged, 2 bedroom, one bath, basement apartment. Duplex conversion included a new roof and sewer line. All work permitted and performed by Lovett Construction. A great investment property close to Woodstock shopping and Reed College. Tree in from yard is registered as part of Portlands urban forest and deemed healthy. Open Houses: Sunday, Apr 3, 1-3pm. Tuesday, April 5, 11-1pm.

Last Agent to Sell the Property

Gavin Shettler

Redfin License #201103091 Listed on: 04/01/2016

Redfin

Last Buyer's Agent

Erin Rothrock

Windermere Realty Trust License #910400173

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 1926

Lot Details

  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,548

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1536
  • Stories: 1
  • Year Built: 1926
  • Year Built Description: Converted
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished, Full Basement
  • Legal Description: PARTITION PLAT 2013-60, LOT 1

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Composition

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator, Washer/Dryer, Wood Floors

Schools

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

Lot Info

  • Lot Description: Corner
  • Zoning: R2

Tax Info

  • Tax Amount: 2681.32
  • Assessor Parcel Number: R659296

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Apr 8, 2016
Sold by
Kane Kevin J
Bought by
Duvvur Seshasayee and Duvvur Sucheritha
Seller's Agent
Gavin Shettler
Redfin
Buyer's Agent
Erin Rothrock
Windermere Realty Trust
List Price
$389,900
Sold Price
$430,000
Premium/Discount to List
$40,100
10.28%
Current Estimated Value
$588,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,829
Avg. Annual Appreciation
3.43%
Original Mortgage
$300,000
Outstanding Balance
$133,247
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$455,582

Purchase Details

Closed on
Jun 18, 2003
Sold by
Us Bank Na
Bought by
Kane Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2003
Sold by
Taylor Andrew and Taylor Heide
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 9, 1997
Sold by
Hertzberg Margo Ann
Bought by
Hertzberg Margo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
7.53%
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
Duvvur Seshasayee $430,000 First American
Kane Kevin J $130,500 First American
Us Bank Na $113,287 Fatco
Hertzberg Margo A -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duvvur Seshasayee $300,000
Previous Owner Kane Kevin J $167,500
Previous Owner Kane Kevin J $206,000
Previous Owner Kane Kevin J $128,000
Previous Owner Kane Kevin J $104,400
Previous Owner Hertzberg Margo A $67,000
Closed Kane Kevin J $19,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $430,000 +10.3% $280 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $389,900 -- $254 / 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 $4,548 $169,980 -- --
2023 $4,373 $165,030 $0 $0
2022 $4,278 $160,230 $0 $0
2021 $4,206 $155,570 $0 $0
2020 $3,859 $151,040 $0 $0
2019 $3,717 $146,650 $0 $0
2018 $3,608 $142,380 $0 $0
2017 $3,458 $120,290 $0 $0
2016 $2,754 $116,790 $0 $0
2015 $2,681 $113,390 $0 $0
2014 $2,641 $110,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16304337

Regional Multiple Listing Service (RMLS)

APN: R659296