NOT LISTED FOR SALE

5501 E Burnside St Portland, OR 97215

North Tabor Neighborhood

Estimated Value: $636,000 - $667,000

3 Beds
2 Baths
2,132 Sq Ft
$305/Sq Ft Est. Value

Last Sold November 09, 2016

Last sale price $520,000 $244 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,052/month

31 Days on Market

Highlights

  • Wood Flooring
  • Washer and Dryer
  • Level Lot
  • Glencoe Elementary School Rated A-

About This Home

As of November 2016

Excellent Investment Opportunity in North Tabor - 7 blocks Providence, transit, restaurants & amenities. Large units with hardwooods and tile flooring, large bedrooms, updated kitchens and baths, SS appliances, tile, full-size washer and dryer in units, bay window. Newer gas furnaces, water heaters, vinyl windows. New roof and gutters & exterior upgrades. Both units leased into 2017. Seller is licensed broker. Do Not Disturb Tenants.

Last Agent to Sell the Property

Daleen Ayres

Greenwing Realty, LLC License #200205502 Listed on: 08/19/2016

Last Buyer's Agent

Seth Prickett

MORE Realty License #201216816

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,582

Year Built

  • Built in 1894

Lot Details

  • Level Lot

Home Design

  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Dishwasher
  • Washer and Dryer

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,582

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2132
  • Stories: 2
  • Year Built: 1894
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Partial Basement, Unfinished
  • Legal Description: SUNSET PK & ADD 2, BLOCK 10, W 1/2 OF LOT 7&8
  • Storage: Basement

Exterior Features

  • Exterior Description: Shingle Siding
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Composition

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Refrigerator, Washer/Dryer, Wood Floors

Schools

  • Elementary School: Glencoe
  • Middle School: Mt Tabor
  • High School: Franklin

Lot Info

  • Lot Description: On Busline, Corner, Level
  • Zoning: R1

Tax Info

  • Tax Amount: 3052.14
  • Assessor Parcel Number: R281555

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.35

MLS Schools

  • Elementary School: Glencoe
  • High School: Franklin
  • Middle School: Mt Tabor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Nov 7, 2016
Sold by
Greenwing Restorations Llc
Bought by
Eury Adam J
Seller's Agent
Daleen Ayres
Greenwing Realty, LLC
Buyer's Agent
Seth Prickett
MORE Realty
List Price
$514,900
Sold Price
$520,000
Premium/Discount to List
$5,100
0.99%
Current Estimated Value
$649,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,596
Avg. Annual Appreciation
2.47%
Original Mortgage
$416,000
Outstanding Balance
$338,426
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$305,338

Purchase Details

Closed on
May 13, 2015
Sold by
Greenwing Restorations Llc
Bought by
Greenwing Restorations Llc

Purchase Details

Listed on
Oct 23, 2014
Closed on
Jan 20, 2015
Sold by
Asay Neil E
Bought by
Greenwing Restorations Llc
Seller's Agent
Marc Rogers
Township Properties
Buyer's Agent
Steve Edelman
Greenwing Realty, LLC
List Price
$485,000
Sold Price
$437,500
Premium/Discount to List
-$47,500
-9.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$370,000
Interest Rate
3.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 15, 2004
Sold by
Cornwell Dorothy Jean
Bought by
Asay Neil E and Asay Katrina L

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
5.69%
Mortgage Type
Purchase Money Mortgage
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
Eury Adam J $520,000 Fidelity National Title Co
Greenwing Restorations Llc -- None Available
Greenwing Restorations Llc $437,500 First American Title Company
Asay Neil E $195,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eury Adam J $416,000
Previous Owner Greenwing Restorations Llc $370,000
Previous Owner Asay Neil E $229,600
Previous Owner Asay Neil E $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2016 11/09/16 Sold $520,000 +1.0% $244 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $514,900 +17.7% $242 / Sq Ft
01/20/2015 01/20/15 Sold $437,500 -9.8% $154 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
10/23/2014 10/23/14 For Sale $485,000 -- $170 / 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 $5,582 $210,650 $0 $0
2022 $5,461 $204,520 $0 $0
2021 $5,369 $198,570 $0 $0
2020 $4,925 $192,790 $0 $0
2019 $4,744 $187,180 $0 $0
2018 $4,605 $181,730 $0 $0
2017 $4,413 $136,920 $0 $0
2016 $3,134 $132,940 $0 $0
2015 $3,052 $129,070 $0 $0
2014 -- $175,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Daleen Ayres

    Greenwing Realty, LLC

    Section Image
  • Seth Prickett

    Buyer's Agent in 2016

    Seth Prickett

    MORE Realty

    (503) 451-0268

    1 in this area

    100 Total Sales

    Section Image

  • M

    Seller's Agent in 2015

    Marc Rogers

    Township Properties

    (503) 703-0964

    1 in this area

    10 Total Sales

    Section Image
  • Kathy Rogers

    Seller Co-Listing Agent in 2015

    Kathy Rogers

    Township Properties

    (503) 703-0964

    1 in this area

    7 Total Sales

    Section Image

  • S

    Buyer's Agent in 2015

    Steve Edelman

    Greenwing Realty, LLC

    (503) 502-5711

    5 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16683802

Regional Multiple Listing Service (RMLS)

APN: R281555

Oregon Multnomah County Portland 97213 North Tabor

5501 E Burnside St, Portland, OR

This home is located at 5501 E Burnside St, Portland, OR 97215 since 19 August 2016 and is currently estimated at $649,596, approximately $304 per square foot. This property was built in 1894. 5501 E Burnside St is a home located in Multnomah County with nearby schools including Glencoe Elementary School, Mt Tabor Middle School, and Franklin High School.

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