NOT LISTED FOR SALE

5340 NE 73rd Ave Portland, OR 97218

Cully Neighborhood

Estimated Value: $410,000 - $457,000

3 Beds
2 Baths
1,459 Sq Ft
$302/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $422,000 $289 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,796/month

10 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Patio
  • 1 Fireplace
  • Converted Garage
  • 5-minute walk to Cully Park

About This Home

As of April 2022

Two units. Cute 2 bed+office/1 bath bungalow w/ a large studio apartment w/full kitchen & bathroom. Studio is currently rented for $700 per month. Please do not disturb tenant. Possible development into 4 standard units, or 6 units with 3 low income units, be sure to check w/city. Charming features including coved ceilings, wood floors & gas fireplace. Large fenced yard w/ large covered patio & a storage outbuilding. ADU has a separate yard. Shared laundry room. Great investment opportunity!

Last Agent to Sell the Property

Jewon Jung

ICON Real Estate Group License #201203256 Listed on: 03/19/2022

ICON Real Estate Group

Last Buyer's Agent

Paul Pattyn

Portland's Alternative Inc., Realtors License #201226694

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,983

Year Built

  • Built in 1939

Lot Details

  • Fenced
  • Level Lot
  • Private Yard

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Tile

Parking

  • Converted Garage
  • Driveway
  • On-Street Parking

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Shed
  • Outbuilding

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,983

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Bungalow, 1 Story
  • Sq Ft Calculated: 1459
  • Sq Ft Approximate Total: 1459
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1939
  • Property Condition: Resale
  • Remarks Public: Two units. Cute 2 bed+office/1 bath bungalow w/ a large studio apartment w/full kitchen & bathroom. Studio is currently rented for $700 per month. Please do not disturb tenant. Possible development into 4 standard units, or 6 units with 3 low income units, be sure to check w/city. Charming features including coved ceilings, wood floors & gas fireplace. Large fenced yard w/ large covered patio & a storage outbuilding. ADU has a separate yard. Shared laundry room. Great investment opportunity!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: One Level
  • Additional Room Features: Tile Floor
  • Additional Rooms: Office
  • All Room Features: Coved, Fireplace, Gas Appliances, Tile Floor, Walk in Closet, High Ceilings, Wood Floors
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry, Tile Floor, Wood Floors
  • Kitchen Appliances: Dishwasher, Disposal, Gas Appliances, Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: LUTKE ADD, BLOCK 2, LOT 8
  • Sq Ft Main Level: 1459
  • Bedrooms: 3
  • Master Bedroom: Features: Wood Floors,On Level: Main,Dimensions: 10x12
  • Bedroom 2: On Level: Main,Dimensions: 9x12
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Living Room: Features: Coved, Fireplace, High Ceilings,On Level: Main,Dimensions: 17x12
  • Kitchen: Features: Gas Appliances, Tile Floor,On Level: Main,Dimensions: 16x9
  • Additional Room 1: Description: Office,Features: Tile Floor,On Level: Main,Dimensions: 13x8
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Fenced, Outbuilding, Patio, Tool Shed, Yard
  • Lot Size: 7K-9,999SF
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Garage Type: Converted
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Wall Unit(s)
  • Heating Description: Forced Air, Zoned
  • Internet Service Type: Cable

Schools

  • Elementary School: Scott
  • Middle School: Roseway Heights
  • High School: Leodis McDaniel

Lot Info

  • Lot Description: Level
  • Acres: 0.17

Tax Info

  • Tax Amount: 4228.32
  • Assessor Parcel Number: R210013
  • Tax Year: 2020

MLS Schools

  • Elementary School: Scott
  • High School: Leodis McDaniel
  • Middle School: Roseway Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Sepehri Mehran and Mills Carol Lynn
Current Estimated Value
$440,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Outstanding Balance
$65,019
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$375,302

Purchase Details

Closed on
Jul 6, 2012
Sold by
Oregon Housing & Community Services Depa
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 3, 2012
Sold by
Seivert Meagan L
Bought by
Oregon Housing & Community Services Depa

Purchase Details

Closed on
Sep 20, 2004
Sold by
Mcclellan Morris
Bought by
Seivert Meagan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,694
Interest Rate
5.8%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2004
Sold by
Va
Bought by
Mcclellan Morris and Mcclellan Leana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2002
Sold by
Chambers Richard
Bought by
First Horizon Home Loan Corp and Ft Mortgage Companies

Purchase Details

Closed on
Dec 27, 2002
Sold by
First Horizon Home Loan Corp
Bought by
Va

Purchase Details

Closed on
Apr 25, 1996
Sold by
Knott Lori J
Bought by
Chambers Richard and Chambers Shannon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,170
Interest Rate
7.84%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Sepehri Mehran $117,000 Fidelity Natl Title Co Of Or
Secretary Of Housing & Urban Development $133,804 None Available
Oregon Housing & Community Services Depa $160,336 Fatco
Seivert Meagan L $144,000 Fidelity Natl Title Co Of Or
Mcclellan Morris $94,500 Fidelity Natl Title Co Of Or
First Horizon Home Loan Corp $76,674 --
Va $76,674 First American Title Ins Co
Chambers Richard $83,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sepehri Mehran $93,600
Previous Owner Seivert Meagan L $50,000
Previous Owner Seivert Meagan L $39,800
Previous Owner Seivert Meagan L $141,694
Previous Owner Mcclellan Morris $51,000
Previous Owner Chambers Richard $85,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $422,000 -1.6% $289 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $429,000 -- $294 / 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 $4,983 $186,260 -- --
2023 $4,792 $180,840 $0 $0
2022 $4,688 $175,580 $0 $0
2021 $4,609 $170,470 $0 $0
2020 $4,228 $165,510 $0 $0
2019 $4,073 $160,690 $0 $0
2018 $3,953 $156,010 $0 $0
2017 $3,789 $118,040 $0 $0
2016 $2,702 $114,610 $0 $0
2015 $2,631 $111,280 $0 $0
2014 $2,592 $108,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jewon Jung

    Seller's Agent in 2022

    Jewon Jung

    ICON Real Estate Group

    (541) 912-4415

    1 in this area

    101 Total Sales

    Jewon Jung
    Section Image

  • P

    Buyer's Agent in 2022

    Paul Pattyn

    Portland's Alternative Inc., Realtors

    (503) 516-2616

    1 in this area

    23 Total Sales

    Paul Pattyn
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22290469

Regional Multiple Listing Service (RMLS)

APN: R210013

Oregon Multnomah County Portland 97218 Cully

5340 NE 73rd Ave, Portland, OR

This home is located at 5340 NE 73rd Ave, Portland, OR 97218 since 19 March 2022 and is currently estimated at $440,321, approximately $301 per square foot. This property was built in 1939. 5340 NE 73rd Ave is a home located in Multnomah County with nearby schools including Scott Elementary School, Roseway Heights School, and Leodis V. McDaniel 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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