NOT LISTED FOR SALE

5418 NE 32nd Place Unit 5420 Portland, OR 97211

Concordia Neighborhood

Estimated Value: $627,000 - $782,000

-- Bed
2 Baths
3,120 Sq Ft
$224/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $625,000 $200 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,302/month

24 Days on Market

Highlights

  • Detached Garage
  • Cooling Available
  • Heating System Uses Gas

About This Home

As of September 2021

Adorable Duplex, Stunning in person a must see! Both units are 2bd/1bath In the stunning Alberta arts district . Each unit has hardwood floor, with a large living area that provides lots of natural light. The galley style kitchen has a stylish white tile backsplash and wainscoting! Each unit has its own basement space with washer/dryer hookups. The basement has tons of storage space and would be great for an office or an art studio. within walking distance to Alberta street and Fernhill Park.

Last Agent to Sell the Property

Aaron Heard

Keller Williams PDX Central License #200606057 Listed on: 07/15/2021

Keller Williams PDX Central

Co-Listed By

Tiffany Salkind

Keller Williams PDX Central License #201233260

Last Buyer's Agent

Alyssa Isenstein Krueger

Living Room Realty License #200709051

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,403

Year Built

  • Built in 1957

Lot Details

  • 5,009

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Schools

  • Vernon Elementary And Middle School
  • Jefferson High School

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R165991

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $13,017
  • Gross Income $41,880
  • Net Operating Income $37,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,403

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1957
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Detached
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Vernon
  • High School: Jefferson
  • Middle Or Junior School: Vernon

Lot Info

  • Zoning: R2.5
  • Parcel #: R165991

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 4402.81

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.8
  • Annual Gross Income: 41880.0
  • Property Net Operating Income: 37550.0
  • Annual Operating Expense: 13017.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 17, 2021
Sold by
Sanders Roberta J
Bought by
Krueger Alyssa Isenstein and Krueger Robert
Seller's Agent
Aaron Heard
Keller Williams PDX Central
Buyer's Agent
Alyssa Isenstein Krueger
Living Room Realty
List Price
$624,900
Sold Price
$625,000
Premium/Discount to List
$100
0.02%
Total Days on Market
24
Current Estimated Value
$697,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,537
Avg. Annual Appreciation
0.78%
Original Mortgage
$463,750
Outstanding Balance
$429,651
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$214,023

Purchase Details

Closed on
Apr 9, 1999
Sold by
Clark Lawrence T
Bought by
Wilson Roberta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1999
Sold by
Wilson Roberta J
Bought by
Sanders Roberta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Krueger Alyssa Isenstein $625,000 Wfg Title
Wilson Roberta J -- First American Title Ins Co
Sanders Roberta J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krueger Alyssa Isenstein $463,750
Previous Owner Sanders Roberta $25,500
Previous Owner Sanders Roberta J $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $625,000 +0.8% $200 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $619,900 +3.3% $199 / Sq Ft
07/23/2021 07/23/21 Price Changed $599,999 -4.0% $192 / Sq Ft
07/15/2021 07/15/21 For Sale $624,900 -- $200 / 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 $4,990 $188,310 $0 $0
2022 $4,882 $182,830 $0 $0
2021 $4,799 $177,510 $0 $0
2020 $4,403 $172,340 $0 $0
2019 $4,241 $167,330 $0 $0
2018 $4,116 $162,460 $0 $0
2017 $3,945 $157,730 $0 $0
2016 $3,611 $153,140 $0 $0
2015 $3,516 $148,680 $0 $0
2014 $3,463 $144,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Aaron Heard

    Seller's Agent in 2021

    Aaron Heard

    Keller Williams PDX Central

    (503) 752-7671

    1 in this area

    73 Total Sales

    Aaron Heard
    Section Image
  • Tiffany Salkind

    Seller Co-Listing Agent in 2021

    Tiffany Salkind

    Keller Williams PDX Central

    (971) 341-6948

    1 in this area

    81 Total Sales

    Tiffany Salkind
    Section Image
  • Alyssa Isenstein Krueger

    Buyer's Agent in 2021

    Alyssa Isenstein Krueger

    Living Room Realty

    (503) 724-6933

    4 in this area

    130 Total Sales

    Alyssa Isenstein Krueger
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21125873

Regional Multiple Listing Service (RMLS)

APN: R165991

Oregon Multnomah County Portland 97211 Concordia

5418 NE 32nd Place Unit 5420, Portland, OR

This home is located at 5418 NE 32nd Place Unit 5420, Portland, OR 97211 since 15 July 2021 and is currently estimated at $697,537, approximately $223 per square foot. This property was built in 1957. 5418 NE 32nd Place Unit 5420 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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