NOT LISTED FOR SALE

525 NE 198th Ave Portland, OR 97230

North Gresham Neighborhood

Estimated Value: $420,000 - $426,341

3 Beds
1.5 Baths
988 Sq Ft
$428/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $350,000 $354 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,605/month

4 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Wood Flooring
  • No HOA
  • Secluded Lot
  • Quartz Countertops
  • Stainless Steel Appliances

About This Home

As of July 2020

Beautifully remodeled mid-century modern in the Wilkes neighborhood. This 3BR/1.5 bath home features an amazing kitchen with stainless steel appliances, large living room with fireplace & brand new bathrooms. Tons of updates including refinished hardwoods, new windows, new cabinets, new countertops, new roof and charming finishes throughout. 2-car garage and a huge private backyard with a tool shed. Patio off the dining room includes overhead lighting and great space for BBQ and outdoor dining.

Last Agent to Sell the Property

Darren Stowell

Element Realty LLC License #201222830 Listed on: 06/04/2020

Last Buyer's Agent

Laurie Bornstein

Eleete Real Estate License #201227844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Secluded Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Extra Deep Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Midcentury Modern Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Shed

Schools

  • Salish Ponds Elementary School
  • Reynolds Middle School
  • Reynolds High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R245753

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,418

Year Built

Built in 1966 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1966
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, MidCenturyModern
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • OtherStructuresType1: ToolShed
  • Room 11 Features: BuiltinRange,Dishwasher,Microwave,UpdatedRemodeled
  • Room 12 Features: Fireplace
  • Room 9 Features: SlidingDoors
  • Special Features: None

Interior Features

  • Accessibility Features: OneLevel
  • Total Bathrooms: 1.1
  • Fireplaces: 1
  • Interior Amenities: GarageDoorOpener, HardwoodFloors, Quartz
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, Disposal, ENERGYSTARQualifiedAppliances, FreeStandingGasRange, FreeStandingRefrigerator, GasAppliances, Microwave, Pantry, Quartz, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • OtherStructuresBathsTotal: 0.00
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 120
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 120
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Other
  • Exterior Features: Fenced, Patio, ToolShed
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, Secluded
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached,ExtraDeep
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0
  • OtherStructuresGarageLevel: Main
  • OtherStructuresGarageNoAttached: 1
  • OtherStructuresGarage Sq Ft: 547

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: Unknown
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Salish Ponds
  • High School: Reynolds
  • Middle Or Junior School: Reynolds

Lot Info

  • Farm: No
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: R245753

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 3417.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2024
Sold by
Luepke Ashley
Bought by
Quinn Michelle
Current Estimated Value
$415,315

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 2, 2020
Sold by
Conwell William
Bought by
Quinn Michelle J and Luepke Ashley R
Seller's Agent
Darren Stowell
Element Realty LLC
Buyer's Agent
Laurie Bornstein
Eleete Real Estate
List Price
$324,900
Sold Price
$350,000
Premium/Discount to List
$25,100
7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$332,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2020
Sold by
Short Daniel G and Short Lynn B Falkow
Bought by
Conwell William

Purchase Details

Closed on
Feb 18, 2003
Sold by
Short Lynn B Falkow
Bought by
Short Daniel G and Short Lynn B Falkow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 1998
Sold by
Creighton Elizabeth J
Bought by
Short Lynn B Falkow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Quinn Michelle -- None Listed On Document
Quinn Michelle J $350,000 Fidelity Natl Ttl Co Of Or
Conwell William $161,600 Old Republic Title Co Of Or
Short Daniel G -- Pacific Nw Title
Short Lynn B Falkow $124,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quinn Michelle J $332,500
Previous Owner Short Daniel G $30,000
Previous Owner Short Daniel G $116,250
Previous Owner Short Lynn B Falkow $99,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $350,000 +7.7% $354 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $324,900 -- $329 / 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
2023 $3,749 $215,070 $0 $0
2022 $3,656 $208,810 $0 $0
2021 $3,566 $202,730 $0 $0
2020 $2,949 $173,990 $0 $0
2019 $3,418 $168,930 $0 $0
2018 $3,266 $164,010 $0 $0
2017 $3,359 $159,240 $0 $0
2016 $3,036 $154,610 $0 $0
2015 $2,776 $150,110 $0 $0
2014 $2,430 $145,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Darren Stowell

    Element Realty LLC

    (503) 789-7908

    15 Total Sales

    Section Image
  • Laurie Bornstein

    Buyer's Agent in 2020

    Laurie Bornstein

    Eleete Real Estate

    (503) 451-9626

    52 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20184695

Regional Multiple Listing Service (RMLS)

APN: R245753

Oregon Multnomah County Portland 97230 North Gresham

525 NE 198th Ave, Portland, OR

This home is located at 525 NE 198th Ave, Portland, OR 97230 since 04 June 2020 and is currently estimated at $423,335, approximately $428 per square foot. This property was built in 1966. 525 NE 198th Ave is a home located in Multnomah County with nearby schools including Salish Ponds Elementary School, Reynolds Middle School, and Reynolds 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.

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