NOT LISTED FOR SALE

5250 NE Cleveland Ave Unit 5258 Portland, OR 97211

Humboldt Neighborhood

Estimated Value: $703,000 - $918,000

4 Beds
2 Baths
3,808 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $803,150 $211 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,827/month

11 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 3-minute walk to Mallory park
  • Garage
  • Wood Siding

About This Home

As of October 2020

Offer in hand...Call ASAP. Fantastic owner occupied investment opportunity!Complete + permitted rehab/remodel in 2012. Zoned R2.5! Two side by units,mirror each other, have hardwood floors, high ceilings. Open footprint has LR w/wood burning fireplace + high ceilings. DR opens to kit w/ss appl, gas cooking, open shelving. 2 main level bedrms w/hardwoods,full ba w/tile floor + soaking tub.Full unfin basement w/w+d. Quaint backyard w/covered patio, gardens.2 locked storage.One car garage.

Last Agent to Sell the Property

Jeffrey Capen

Windermere Realty Trust License #200308199 Listed on: 07/20/2020

Windermere Realty Trust

Co-Listed By

John McClain

Windermere Realty Trust License #201218259

Last Buyer's Agent

Richard Hogan

Legacy Realty Co.Com License #960900025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,835

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,808 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Leased Parking

Schools

  • Boise-Eliot Elementary School
  • Harriet Tubman Middle School
  • Jefferson High School

Utilities

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

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R297976

Community Details

Overview

  • 2 Units
  • Humboldt Subdivision

Building Details

  • Operating Expense $12,864
  • Gross Income $57,300
  • Net Operating Income $44,436

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,835

Year Built

Built in 1949 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1949
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, Unfinished
  • Storage: IndividualStorageUnits,Locked
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, Leased
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Boise-Eliot
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Zoning: R2.5
  • Parcel #: R297976

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 3835.34

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.96
  • Annual Gross Income: 57300.0
  • Property Net Operating Income: 44436.0
  • Annual Operating Expense: 12864.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Cleveland Duplex Llc
Bought by
Nugent Benjamin Michael and Nugent Jennifer Maloney
Current Estimated Value
$812,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2016
Sold by
Kelly Kevin L
Bought by
Cleveland Duplex Llc

Purchase Details

Closed on
Oct 7, 2014
Sold by
Cleveland Duplex Llc
Bought by
Kelly Kevin and Kelly Ronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,850
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2014
Sold by
Kelly Kevin L
Bought by
Cleveland Duplex Llc

Purchase Details

Closed on
Oct 12, 2012
Sold by
Cleveland Duplex Llc
Bought by
Kelly Kevin L and Kelly Ronda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2011
Sold by
Kelly Kevin
Bought by
Cleveland Duplex L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2011
Sold by
Duckett Jerry D
Bought by
Kelly Kevin L and Kelly Ronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 1997
Sold by
Berglund Jack Elmer
Bought by
Duckett Jerry D
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
Nugent Benjamin Michael $803,150 Old Republic Title Co Of Or
Cleveland Duplex Llc -- None Available
Kelly Kevin -- Wfg Title
Cleveland Duplex Llc -- None Available
Kelly Kevin L -- None Available
Cleveland Duplex L L C -- Lawyers Title Ins Corp
Kelly Kevin L $208,000 Lawyers Title Ins Corp
Duckett Jerry D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nugent Benjamin Michael $568,750
Previous Owner Kelly Kevin $423,850
Previous Owner Kelly Kevin L $287,000
Previous Owner Kelly Kevin L $156,000
Previous Owner Duckett Jerry D $11,600
Previous Owner Duckett Jerry D $600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $803,150 +0.4% $211 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $799,900 -- $210 / 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 $4,512 $170,280 $0 $0
2022 $4,415 $165,330 $0 $0
2021 $4,340 $160,520 $0 $0
2020 $3,982 $155,850 $0 $0
2019 $3,835 $151,320 $0 $0
2018 $3,723 $146,920 $0 $0
2017 $3,568 $142,650 $0 $0
2016 $3,266 $138,500 $0 $0
2015 $3,180 $134,470 $0 $0
2014 $3,132 $130,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Capen

    Seller's Agent in 2020

    Jeffrey Capen

    Windermere Realty Trust

    (503) 888-5191

    5 in this area

    309 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2020

    John McClain

    Windermere Realty Trust

    (360) 931-0160

    3 in this area

    174 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    Richard Hogan

    Legacy Realty Co.Com

    (503) 803-8186

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20157510

Regional Multiple Listing Service (RMLS)

APN: R297976

Oregon Multnomah County Portland 97211 Humboldt

5250 NE Cleveland Ave Unit 5258, Portland, OR

This home is located at 5250 NE Cleveland Ave Unit 5258, Portland, OR 97211 since 20 July 2020 and is currently estimated at $811,072, approximately $212 per square foot. This property was built in 1949. 5250 NE Cleveland Ave Unit 5258 is a home located in Multnomah County with nearby schools including Boise-Eliot Elementary School, Harriet Tubman Middle School, and Jefferson 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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