NOT LISTED FOR SALE

5522 N Moore Ave Portland, OR 97217

Humboldt Neighborhood

Estimated Value: $651,000 - $958,000

4 Beds
3 Baths
2,940 Sq Ft
$290/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $960,000 $327 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,043/month

7 Days on Market

Highlights

  • Private Lot
  • Home Security System
  • Forced Air Heating System
  • Beach Elementary School Rated A-
  • Landscaped with Trees
  • 4-minute walk to Mallory park

About This Home

As of March 2022

Exceptional Vintage Piedmont Duplex with separate ADU zoned CM2. Could be used for office, retail sales & services, further multi-dwelling development or a combination. Meticulously maintained & up-dated inside & out. Separate newer electrical & HVAC. Huge potential in unfinished basement with high ceiling & outside entrance. 89 walk 94 bike score with many nearby transportation options. 3 blocks from Portland Community College. Beautiful private fenced grounds. Earthquake Retrofitted.

Last Agent to Sell the Property

Rod McAdams

Keller Williams PDX Central License #960100013 Listed on: 02/03/2022

Keller Williams PDX Central

Last Buyer's Agent

Dan Walters

Keller Williams Realty Portland Elite License #200302144

Keller Williams Realty Portland Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • Private Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Asbestos

Interior Spaces

  • 2,940 Sq Ft Home
  • 2-Story Property
  • Home Security System

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Beach Elementary School
  • Ockley Green Middle School
  • Jefferson High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R243183

Community Details

Overview

  • 3 Units
  • Property managed by Lic Asst Tami 503-388-1881

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $14,200
  • Gross Income $61,740
  • Net Operating Income $47,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,498

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1923
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • PublicRemarksAmenities: 5520 is 360sf small house - Included is a small stove, DW and refrigerator. Bus stop is less than 200 ft on Killingsworth. Max stop just over 1/2 mile. Portland Community College just 3 blocks away. Basement sf 1,290 (not included in the above sf)
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, StorageSpace, Unfinished
  • Storage: Basement,IndividualStorageUnits
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Asbestos,LapSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level, Private, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

  • Energy Efficiency Features: DoublePaneWindows,InsulationandCeilingInsulation,PartialWallInsulation
  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: SecuritySystem
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Lic Asst Tami 503-388-1881
  • Community Features: Laundry
  • Neighborhood Features: Tree lined sidewalks, shopping & dining

Schools

  • Elementary School: Beach
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: CM2
  • Parcel #: R243183

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4498.24

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.39
  • Annual Gross Income: 61740.0
  • Property Net Operating Income: 47540.0
  • Annual Operating Expense: 14200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Stevens Christopher M
Bought by
Eerentals Llc
Current Estimated Value
$851,265

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 17, 2022
Sold by
Brown Rosemary A
Bought by
Stevens Christopher M and Doersam Karen N
Seller's Agent
Rod McAdams
Keller Williams PDX Central
Buyer's Agent
Dan Walters
Keller Williams Realty Portland Elite
List Price
$950,000
Sold Price
$960,000
Premium/Discount to List
$10,000
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.82%
Original Mortgage
$656,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2002
Sold by
Andrews Cherie D
Bought by
Brown Rosemary A

Purchase Details

Closed on
Dec 31, 2001
Sold by
Hoffman Joseph A
Bought by
Brown Rosemary A and Andrews Cherie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 1992
Sold by
Cougar Mountain Inc
Bought by
Hoffman Joseph A and Hoffman Lorraine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
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
Eerentals Llc -- Old Republic Title
Stevens Christopher M $960,000 First American Title
Brown Rosemary A -- Ticor Title
Brown Rosemary A $269,950 Ticor Title
Hoffman Joseph A $41,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevens Christopher M $656,000
Previous Owner Brown Rosemary A $175,700
Previous Owner Brown Rosemary A $147,500
Previous Owner Brown Rosemary A $97,500
Previous Owner Brown Rosemary A $195,000
Previous Owner Hoffman Joseph A $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $960,000 +1.1% $327 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $950,000 -- $323 / 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 $4,864 $176,500 $0 $0
2022 $4,576 $171,360 $0 $0
2021 $4,498 $166,370 $0 $0
2020 $4,127 $161,530 $0 $0
2019 $3,975 $156,830 $0 $0
2018 $3,858 $152,270 $0 $0
2017 $3,698 $147,840 $0 $0
2016 $3,384 $143,540 $0 $0
2015 $3,295 $139,360 $0 $0
2014 $3,246 $135,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rod McAdams

    Seller's Agent in 2022

    Rod McAdams

    Keller Williams PDX Central

    (503) 504-7637

    1 in this area

    82 Total Sales

    Section Image
  • Dan Walters

    Buyer's Agent in 2022

    Dan Walters

    Keller Williams Realty Portland Elite

    (503) 381-5161

    2 in this area

    81 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22170379

Regional Multiple Listing Service (RMLS)

APN: R243183

Oregon Multnomah County Portland 97217 Humboldt

5522 N Moore Ave, Portland, OR

This home is located at 5522 N Moore Ave, Portland, OR 97217 since 03 February 2022 and is currently estimated at $853,652, approximately $290 per square foot. This property was built in 1923. 5522 N Moore Ave is a home located in Multnomah County with nearby schools including Beach Elementary School, Ockley Green, and Jefferson High School.

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