NOT LISTED FOR SALE

5538 NE 15th Ave Portland, OR 97211

Vernon Neighborhood

Estimated Value: $593,000 - $684,000

4 Beds
2 Baths
2,482 Sq Ft
$252/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $565,000 $228 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,641/month

28 Days on Market

About This Home

As of October 2021

Lovingly restored classic bungalow in Alberta Arts District just 4 blocks to Alberta park! Light & bright home w/updated electrical, great kitchen w breakfast nook, beautiful cabinets, granite countertops & stainless-steel appliances. Hardwoods throughout main, new LVT in bsmt which could be future ADU? Great backyard w new shed. Solid house in a great neighborhood ready for your touch! Must see!

Last Agent to Sell the Property

Jason Waxberg

Equity Pacific Real Estate LLC License #980500059 Listed on: 08/17/2021

Last Buyer's Agent

Nicolette Hanna

Neighbors Realty License #201206245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,819

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • 4,356

Parking

  • Driveway

Home Design

  • Vinyl Siding

Additional Features

  • 2-Story Property
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,819

Year Built

Built in 1912 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Bungalow
  • Sq Ft Calculated: 1522
  • Sq Ft Approximate Total: 2482
  • Stories: 2
  • Year Built: 1912
  • Property Condition: Updated/Remodeled
  • Remarks Public: Lovingly restored classic bungalow in Alberta Arts District just 4 blocks to Alberta park! Light & bright home w/updated electrical, great kitchen w breakfast nook, beautiful cabinets, granite countertops & stainless-steel appliances. Hardwoods throughout main, new LVT in bsmt which could be future ADU? Great backyard w new shed. Solid house in a great neighborhood ready for your touch! Must see!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: 4th Bedroom
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 2.0
  • Kitchen Appliances: Granite, Stainless Steel Appliance(s)
  • Legal Description: OAKHURST, BLOCK 2, N 42' OF LOT 7
  • Sq Ft Lower Level: 960
  • Sq Ft Main Level: 1042
  • Upper Level Sq Ft: 480
  • Bedrooms: 4
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: 4th Bedroom,On Level: Upper
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Driveway

Utilities

  • Fuel Description: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Schools

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

Lot Info

  • Acres: 0.10

Tax Info

  • Tax Amount: 2392.27
  • Assessor Parcel Number: R229108
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 13, 2021
Sold by
Lord Marvin J
Bought by
Ubrick Christopher
Seller's Agent
Jason Waxberg
Equity Pacific Real Estate LLC
Buyer's Agent
Nicolette Hanna
Neighbors Realty
List Price
$579,000
Sold Price
$565,000
Premium/Discount to List
-$14,000
-2.42%
Current Estimated Value
$625,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,020
Avg. Annual Appreciation
2.67%
Original Mortgage
$536,750
Outstanding Balance
$491,585
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$133,435

Purchase Details

Closed on
Mar 13, 2006
Sold by
Wash Sylvia M
Bought by
Lord Marvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 2002
Sold by
Wash Sylvia
Bought by
Wash Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ubrick Christopher $565,000 First American Title
Lord Marvin J $242,300 First American
Wash Sylvia M -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ubick Christopher $50,000
Open Ubrick Christopher $536,750
Previous Owner Lord Marvin J $245,000
Previous Owner Lord Marvin J $193,800
Previous Owner Wash Sylvia M $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $565,000 -0.9% $228 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/01/2021 09/01/21 Price Changed $569,900 -1.7% $230 / Sq Ft
08/24/2021 08/24/21 Price Changed $579,900 +0.2% $234 / Sq Ft
08/17/2021 08/17/21 For Sale $579,000 -- $233 / 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 $2,819 $102,300 $0 $0
2022 $2,652 $99,330 $0 $0
2021 $2,608 $96,440 $0 $0
2020 $2,392 $93,640 $0 $0
2019 $2,304 $90,920 $0 $0
2018 $2,237 $88,280 $0 $0
2017 $2,144 $85,710 $0 $0
2016 $1,962 $83,220 $0 $0
2015 $1,911 $80,800 $0 $0
2014 $1,882 $78,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Waxberg

    Seller's Agent in 2021

    Jason Waxberg

    Equity Pacific Real Estate LLC

    (208) 989-7607

    1 in this area

    10 Total Sales

    Section Image
  • Nicolette Hanna

    Buyer's Agent in 2021

    Nicolette Hanna

    Neighbors Realty

    (503) 880-6759

    3 in this area

    77 Total Sales

    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21138409

Regional Multiple Listing Service (RMLS)

APN: R229108

Oregon Multnomah County Portland 97211 Vernon

5538 NE 15th Ave, Portland, OR

This home is located at 5538 NE 15th Ave, Portland, OR 97211 since 17 August 2021 and is currently estimated at $625,020, approximately $251 per square foot. This property was built in 1912. 5538 NE 15th Ave is a home located in Multnomah County with nearby schools including Vernon Elementary School, Jefferson High School, and Leodis V. McDaniel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes