NOT LISTED FOR SALE

5238 SE 62nd Ave Unit 5242 Portland, OR 97206

Mount Scott-Arleta Neighborhood

Estimated Value: $532,000 - $713,000

2 Beds
1 Bath
3,480 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $585,000 $168 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,153/month

4 Days on Market

Highlights

  • 4 Car Attached Garage
  • 90% Forced Air Heating System
  • Level Lot

About This Home

As of September 2019

Dynamic duplex! Hard to find, mid-century. Both units are owner-occupied, very well-maintained and have updated finishes. Each has two bedrooms, full basements with garage-under (Room for added unit or bedrooms). Clean and well maintained with newly finished oak floors, newer roof, plumbing, windows, insulation and HVAC. Huge yard with covered patio! Perfect for the owner-occupied buyer, live in this amazing neighborhood affordably.

Last Agent to Sell the Property

John McKay

Premiere Property Group, LLC License #201207149 Listed on: 08/01/2019

Premiere Property Group, LLC

Last Buyer's Agent

Kim Elbel

Cochran Property Group Inc. License #920400152

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,520

Year Built

  • Built in 1948

Lot Details

  • Level Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,480 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Arleta Elementary And Middle School
  • Franklin High School

Utilities

  • No Cooling
  • 90% Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Mt Scott Arleta Subdivision

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R286849

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,520

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1948
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, StorageSpace, Unfinished
  • Storage: Basement,Garage
  • Total Bedrooms: 2
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: Sidewalk
  • Cooling Y N: No
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Arleta
  • High School: Franklin
  • Middle Or Junior School: Arleta

Lot Info

  • Zoning: R5
  • Parcel #: R286849

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 5520.43

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 27, 2019
Sold by
Tucker Eddie G and Tucker Linda J
Bought by
Young Ann S and Young Margaret Ann
Seller's Agent
John McKay
Premiere Property Group, LLC
Buyer's Agent
Kim Elbel
Cochran Property Group Inc.
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Current Estimated Value
$645,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,127
Avg. Annual Appreciation
2.02%
Original Mortgage
$438,750
Outstanding Balance
$389,218
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$270,264

Purchase Details

Closed on
May 17, 2011
Sold by
Tucker Linda
Bought by
Tucker Linda J and Tucker Eddie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2008
Sold by
Tucker Eddie G
Bought by
Tucker Linda

Purchase Details

Closed on
Mar 9, 2007
Sold by
Richmond Ann
Bought by
Tucker Linda and Richmond Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,350
Interest Rate
6.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 1, 2005
Sold by
Jenkins Karen L and Flanagan Emily Anne
Bought by
Richmond Ann and Tucker Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.5%
Mortgage Type
New Conventional
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
Young Ann S $585,000 Ticor Title Company Of Or
Tucker Linda J $20,000 First Amer Title Ins Co Or
Tucker Linda -- None Available
Tucker Linda -- Pacific Nw Title
Richmond Ann $295,000 Fidelity National Title
Jenkins Karen Lucile -- --
Jenkins Karen Lucile -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Ann S $438,750
Previous Owner Tucker Eddie G $228,650
Previous Owner Tucker Linda J $228,750
Previous Owner Tucker Linda $237,350
Previous Owner Richmond Ann $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Sold $585,000 +1.7% $168 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $575,000 -- $165 / 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 $7,651 $285,950 -- --
2023 $7,357 $277,630 $0 $0
2022 $7,198 $269,550 $0 $0
2021 $7,076 $261,700 $0 $0
2020 $6,491 $254,086 $0 $0
2019 $5,864 $224,400 $0 $0
2018 $5,520 $217,870 $0 $0
2017 $5,291 $211,530 $0 $0
2016 $4,842 $205,370 $0 $0
2015 $4,715 $199,390 $0 $0
2014 $4,644 $193,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John McKay

    Seller's Agent in 2019

    John McKay

    Premiere Property Group, LLC

    (503) 702-5529

    11 in this area

    236 Total Sales

    John McKay
    Section Image
  • Kim Elbel

    Buyer's Agent in 2019

    Kim Elbel

    Cochran Property Group Inc.

    (503) 803-2848

    54 Total Sales

    Kim Elbel
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19094738

Regional Multiple Listing Service (RMLS)

APN: R286849

Oregon Multnomah County Portland 97206 Mount Scott-Arleta

5238 SE 62nd Ave Unit 5242, Portland, OR

This home is located at 5238 SE 62nd Ave Unit 5242, Portland, OR 97206 since 01 August 2019 and is currently estimated at $645,127, approximately $185 per square foot. This property was built in 1948. 5238 SE 62nd Ave Unit 5242 is a home located in Multnomah County with nearby schools including Arleta Elementary School, Franklin High School, and Sunstone Montessori School.

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