NOT LISTED FOR SALE

5324 NE 14th Place Unit 5326 Portland, OR 97211

Vernon Neighborhood

Estimated Value: $600,000 - $690,000

4 Beds
2 Baths
1,560 Sq Ft
$413/Sq Ft Est. Value

Last Sold July 25, 2012

Last sale price $261,900 $168 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,736/month

37 Days on Market

Highlights

  • Parking Storage or Cabinetry
  • Vernon Elementary School Rated 9+
  • Level Lot

About This Home

As of July 2012

Attractive units on a quiet street!Walking distance to desirable Alberta arts district!Features nice floor plans,spacious back yard & two car attached garage can be easily converted back! 100% occupancy all the time & rents are low for the area!Separate water/electric meters.Do not disturb tenants!

Last Agent to Sell the Property

Wally Tesfa

Acquire Properties License #950900153 Listed on: 05/09/2012

Last Buyer's Agent

Jason Maycumber

Redfin License #200302022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,863

Year Built

  • Built in 1977

Lot Details

  • 5,009

Parking

  • Garage
  • Parking Storage or Cabinetry

Additional Features

  • Washer and Dryer Hookup
  • Level Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,863

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1977
  • Remarks Public: Attractive units on a quiet street!Walking distance to desirable Alberta arts district!Features nice floor plans,spacious back yard & two car attached garage can be easily converted back! 100% occupancy all the time & rents are low for the area!Separate water/electric meters.Do not disturb tenants!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: VERNON, BLOCK 2, LOT 7, N 16' OF LOT 8
  • Storage: Garage(s)

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: Sidewalk

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Washer/Dryer Hookup

Lot Info

  • Lot Description: Level
  • Zoning: R2.5
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 2192.75
  • Assessor Parcel Number: R294844

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2023
Sold by
Zervis Christopher M
Bought by
Christopher M Zervis And Kristen M Zervis Rev
Current Estimated Value
$644,109

Purchase Details

Listed on
May 9, 2012
Closed on
Jul 23, 2012
Sold by
Ambesa Properties Llc
Bought by
Zervis Christopher M
Seller's Agent
Wally Tesfa
Acquire Properties
Buyer's Agent
Jason Maycumber
Redfin
List Price
$289,900
Sold Price
$261,900
Premium/Discount to List
-$28,000
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$183,330
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2006
Sold by
Tesfa Woldeab
Bought by
Ambesa Properties Llc

Purchase Details

Closed on
Oct 24, 2001
Sold by
The Chase Manhattan Bank
Bought by
Tesfa Woldeab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2001
Sold by
Brown Shobhna D
Bought by
The Chase Manhattan Bank and Imc Home Equity Loan Trust 1998-4

Purchase Details

Closed on
Feb 5, 1998
Sold by
Brown Bruce Allen
Bought by
Brown Shobhna D and Brown Bruce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 1997
Sold by
Case Mary W
Bought by
Brown Bruce Allen and Brown Shobhna Devi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,455
Interest Rate
7.53%
Mortgage Type
Seller Take Back
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
Christopher M Zervis And Kristen M Zervis Rev -- --
Zervis Christopher M $261,900 Lawyers Title
Ambesa Properties Llc -- Accommodation
Tesfa Woldeab $110,000 First American Title Co
The Chase Manhattan Bank $89,000 Pacific Nw Title
Brown Shobhna D -- Fidelity National Title Co
Brown Bruce Allen $94,950 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zervis Christopher M $183,330
Previous Owner Tesfa Woldeab $88,000
Previous Owner Brown Shobhna D $108,800
Previous Owner Brown Bruce Allen $85,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2012 07/25/12 Sold $261,900 -9.7% $168 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $289,900 -- $186 / 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 $3,863 $144,400 -- --
2023 $3,715 $140,200 $0 $0
2022 $3,635 $136,120 $0 $0
2021 $3,573 $132,160 $0 $0
2020 $3,278 $128,320 $0 $0
2019 $3,158 $124,590 $0 $0
2018 $3,065 $120,970 $0 $0
2017 $2,938 $117,450 $0 $0
2016 $2,689 $114,030 $0 $0
2015 $2,618 $110,710 $0 $0
2014 $2,579 $107,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wally Tesfa

    Seller's Agent in 2012

    Wally Tesfa

    Acquire Properties

    (503) 267-7586

    83 Total Sales

    Wally Tesfa
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12065102

Regional Multiple Listing Service (RMLS)

APN: R294844

Oregon Multnomah County Portland 97211 Vernon

5324 NE 14th Place Unit 5326, Portland, OR

This home is located at 5324 NE 14th Place Unit 5326, Portland, OR 97211 since 09 May 2012 and is currently estimated at $644,109, approximately $412 per square foot. This property was built in 1977. 5324 NE 14th Place Unit 5326 is a home located in Multnomah County with nearby schools including Vernon Elementary School, Jefferson High School, and Leodis V. McDaniel High School.

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