NOT LISTED FOR SALE

5514 SE Milwaukie Ave Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $544,000 - $623,000

2 Beds
2 Baths
1,804 Sq Ft
$325/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $589,430 $327 Per Sq Ft

Current estimated payment $3,510/month

31 Days on Market

Highlights

  • Covered Deck
  • Wood Flooring
  • Corner Lot
  • Llewellyn Elementary School Rated A-
  • 1 Fireplace
  • Private Yard

About This Home

As of February 2022

OPPORTUNITY KNOCKS! CORNER LOT IN PRIME SE PORTLAND LOCATION!! This corner lot is located in the popular Sellwood/Moreland Neighborhood. Multiple building possibilities. Understand the NEW zoning changes for R2.5 as of 8/1/2021; city says single family with or without ADU, one duplex or row homes. These rare lots are far and few between, don't miss this opportunity. Update the existing home or tear it down for more building options.

Last Agent to Sell the Property

Kimberly Culver

MORE Realty License #201209746 Listed on: 11/16/2021

MORE Realty

Last Buyer's Agent

Kimberly Culver

MORE Realty License #201209746 Listed on: 11/16/2021

MORE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,753

Year Built

  • Built in 1915

Lot Details

  • Corner Lot
  • Level Lot
  • Private Yard
  • Garden
  • Property is zoned R2.5

Parking

  • Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Finished Basement

Flooring

  • Wood
  • Laminate
  • Vinyl

Outdoor Features

  • Covered Deck
  • Shed
  • Porch

Utilities

  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,753

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Traditional
  • Sq Ft Calculated: 928
  • Sq Ft Approximate Total: 1804
  • Stories: 2
  • Year Built: 1915
  • Property Condition: Resale
  • Remarks Public: OPPORTUNITY KNOCKS! CORNER LOT IN PRIME SE PORTLAND LOCATION!! This corner lot is located in the popular Sellwood/Moreland Neighborhood. Multiple building possibilities. Understand the NEW zoning changes for R2.5 as of 8/1/2021; city says single family with or without ADU, one duplex or row homes. These rare lots are far and few between, don't miss this opportunity. Update the existing home or tear it down for more building options.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: Bonus Room, Laundry
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Washer/Dryer, Laminate Flooring, Wood Floors, Vinyl Floor
  • Kitchen Appliances: Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: MIDWAY ANNEX, BLOCK 3, W 76.12' OF LOT 19, N 22.91' OF W 76.12' O
  • Sq Ft Lower Level: 876
  • Sq Ft Main Level: 928
  • Bedrooms: 2
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 2
  • Basement: Finished
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: Laundry,On Level: Lower
  • Additional Room 2: Description: Bonus Room,On Level: Lower
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Deck, Garden, Porch, Tool Shed, Yard, Covered Deck
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Additional Structure Supplement: No

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Detached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Llewellyn
  • Middle School: Sellwood
  • High School: Cleveland

Lot Info

  • Lot Description: Corner Lot, Level, Sloped
  • Acres: 0.15
  • Zoning: R2.5
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 4016.55
  • Assessor Parcel Number: R218512
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Llewellyn
  • High School: Cleveland
  • Middle School: Sellwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2005
Sold by
Culver Mildred E
Bought by
Culver Grant and Mildred E Culver Trust
Current Estimated Value
$586,883
Source: Public Records

Range of Values:

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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
Culver Grant -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $589,430 -2.6% $327 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $605,000 -- $335 / 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 $3,753 $140,280 -- --
2023 $3,609 $136,200 $0 $0
2022 $4,453 $166,780 $0 $0
2021 $4,378 $161,930 $0 $0
2020 $4,017 $157,220 $0 $0
2019 $3,869 $152,650 $0 $0
2018 $3,755 $148,210 $0 $0
2017 $3,599 $143,900 $0 $0
2016 $3,294 $139,710 $0 $0
2015 $3,208 $135,650 $0 $0
2014 $3,159 $131,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21556430

Regional Multiple Listing Service (RMLS)

APN: R218512