NOT LISTED FOR SALE

5500 SW Ames Way Portland, OR 97225

Estimated Value: $1,515,000 - $1,871,000

5 Beds
4.5 Baths
4,047 Sq Ft
$435/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $1,775,000 $439 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $10,763/month

52 Days on Market

Highlights

  • Barn
  • Custom Home
  • Deck
  • Montclair Elementary School Rated A-
  • 1.08 Acre Lot
  • 2-minute walk to Bauman Park

About This Home

As of December 2021

Custom NW Contemporary blends Design Sophistication w/Serene Landscape primed for Living Fully. The Main Home boasts Two Ensuites, Seamlessly Flowing Dining & Living, Gourmet Kitchen + Flex Spaces for WFH or Relaxing. Walls of Windows Flood the Indoors w/ Light & Outdoor Hardscapes Blend Beautifully w/ Seasonal Splendor. The Adjacent 2BR/2BA GUEST HOUSE ideal for Friends & Family w/ Tranquil Privacy. Limitless Options w/the Large Lot, whether Recreational or Development, Your Home Oasis Awaits!

Last Agent to Sell the Property

Shelly Brown

The Agency Portland License #931200283 Listed on: 09/02/2021

The Agency Portland

Co-Listed By

Elizabeth Flora-Horton

Eleete Real Estate License #201234659

Last Buyer's Agent

Patrick Sheehan

Better Homes & Gardens Realty License #200506399

Better Homes & Gardens Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,526

Year Built

  • Built in 2014 | Remodeled

Lot Details

  • 1.08 Acre Lot
  • Level Lot
  • Landscaped with Trees
  • Private Yard
  • Property is zoned TBD

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Driveway

Property Views

  • Seasonal
  • Territorial

Home Design

  • Custom Home
  • Membrane Roofing
  • Board and Batten Siding
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,047 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • High Ceiling
  • Electric Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry Room

Kitchen

  • Double Oven
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • Hydromassage or Jetted Bathtub

Accessible Home Design

  • Accessible Full Bathroom
  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Entrance
  • Minimal Steps

Outdoor Features

  • Deck
  • Patio

Schools

  • Montclair Elementary School
  • Whitford Middle School
  • Southridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Barn

Community Details

  • No Home Owners Association
  • Raleigh Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number R100090

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,526

Year Built

Built in 2014 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2014
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, CustomStyle
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: HardwoodFloors
  • Room 11 Features: Island,Pantry
  • Room 12 Features: Fireplace
  • Room 9 Features: Deck,FrenchDoors,HardwoodFloors
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleEntrance, AccessibleFullBath, GarageonMain, MainFloorBedroomBath, MinimalSteps, OneLevel, UtilityRoomOnMain
  • Total Bathrooms: 4.1
  • Fireplaces: 1
  • Interior Amenities: CentralVacuum, HardwoodFloors, HighCeilings, JettedTub, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, WalltoWallCarpet
  • Room 4 Description: GuestQuarters
  • Room 4 Features: GreatRoom,Kitchen,Storage
  • Room 4 Level: Main
  • Basement: None
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, Disposal, DoubleOven, FreeStandingRange, GasAppliances, Microwave, Pantry, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Main Level Full Bathrooms: 4
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 4.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres1to3
  • Other Room10 Area: 168
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 224
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 132
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 135
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: BoardBattenSiding,Other,WoodSiding
  • Exterior Features: Barn, Deck, GuestQuarters, Patio, Yard
  • Lot Size: 1 to 2.99 Acres
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, Private, Trees
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Membrane
  • View: Seasonal,Territorial

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Montclair
  • High School: Southridge
  • Middle Or Junior School: Whitford

Lot Info

  • Zoning: TBD
  • Lot Size Acres: 1.08
  • Lot Size Sq Ft: 47044.0
  • Parcel #: R100090

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 11526.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Dec 19, 2021
Sold by
Barzman Suzanne
Bought by
Margolin Daniel S and Margolin Amanda
Seller's Agent
Shelly Brown
The Agency Portland
Buyer's Agent
Patrick Sheehan
Better Homes & Gardens Realty
List Price
$2,100,000
Sold Price
$1,775,000
Premium/Discount to List
-$325,000
-15.48%
Current Estimated Value
$1,762,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,883
Avg. Annual Appreciation
1.48%
Original Mortgage
$127,500
Outstanding Balance
$118,673
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$1,755,272

Purchase Details

Closed on
Oct 29, 2012
Sold by
Grimes Joseph D and Grimes Rickie V
Bought by
Barzman Alan and Barzman Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Margolin Daniel S $1,775,000 Lawyers Title
Barzman Alan $485,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margolin Daniel S $127,500
Previous Owner Barzman Lan $510,000
Previous Owner Barzman Alan $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $1,775,000 -1.4% $439 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
09/21/2021 09/21/21 Price Changed $1,800,000 -14.3% $445 / Sq Ft
09/01/2021 09/01/21 For Sale $2,100,000 -- $519 / 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
2025 $14,162 $671,250 -- --
2024 $12,872 $672,510 -- --
2023 $12,872 $609,090 $0 $0
2022 $12,319 $609,090 $0 $0
2021 $11,888 $574,130 $0 $0
2020 $11,526 $557,410 $0 $0
2019 $11,162 $541,180 $0 $0
2018 $10,806 $525,420 $0 $0
2017 $10,402 $510,120 $0 $0
2016 $10,040 $495,270 $0 $0
2015 $9,666 $480,850 $0 $0
2014 $5,510 $271,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21051967

Regional Multiple Listing Service (RMLS)

APN: R0100090