NOT LISTED FOR SALE

5545 SE 111th Ave Portland, OR 97266

Lents Neighborhood

Estimated Value: $400,000 - $419,185

2 Beds
1 Bath
1,304 Sq Ft
$316/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $350,000 $268 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,555/month

About This Home

Do you need a little space? Beautifully renovated two-bedroom, one bath, 1905 farm house on a private half acre lot. Open kitchen with stainless steel appliances and eating bar, newer windows, updated mechanicals, new paint. Designer finishes through out. The usable level lot is perfect for the urban farmer, with room gardening, goats and chickens. Great opportunity for possible future development. Lot is currently zoned R7 (buyers to do their own due diligence on development). [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10182941]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
May 27, 2020
Sold by
Walling Katrina
Bought by
Knecht Rainen and Baird Christopher
Seller's Agent
Patrick Gourley
Windermere Realty Trust
Buyer's Agent
Barbara Matthiesen
Barbara Matthiesen Real Estate
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$411,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,796
Avg. Annual Appreciation
3.05%
Original Mortgage
$312,016
Outstanding Balance
$275,883
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$135,913

Purchase Details

Listed on
Jul 28, 2015
Closed on
Feb 1, 2016
Sold by
Nguyen Son Thanh
Bought by
Walling Katrina
Seller's Agent
Li Lanz
Li Lanz Properties, LLC
Buyer's Agent
Alexander Ney
Urban Nest Realty
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$275,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2009
Sold by
Nguyen Son Thanh and Truong Linda
Bought by
Nguyen Son Thanh and Truong Carol Ngoc

Purchase Details

Closed on
Dec 22, 2006
Sold by
Warnstrom Evelyn L
Bought by
Nguyen Son Thanh and Nguyen Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2001
Sold by
Bergstrom Mervin and Bergstrom Doris
Bought by
Bergstrom 5269 Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Knecht Rainen $350,000 Fidelity National Title
Walling Katrina $230,000 First American
Nguyen Son Thanh -- None Available
Nguyen Son Thanh $220,000 Multiple
Bergstrom 5269 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knecht Rainen $312,016
Previous Owner Walling Katrina $275,500
Previous Owner Nguyen Son Thanh $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $350,000 0.0% $268 / Sq Ft View Prior Sale
05/02/2020 05/02/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $350,000 +52.2% $268 / Sq Ft
03/16/2016 03/16/16 Sold $230,000 -8.0% $187 / Sq Ft View Prior Sale
02/01/2016 02/01/16 Pending -- -- --
07/28/2015 07/28/15 For Sale $249,900 -- $203 / Sq Ft

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 $4,666 $192,980 -- --
2024 $4,470 $187,360 -- --
2023 $4,276 $181,910 $0 $0
2022 $4,053 $176,620 $0 $0
2021 $3,986 $171,481 $0 $0
2020 $3,345 $154,230 $0 $0
2019 $3,239 $149,740 $0 $0
2018 $3,139 $145,380 $0 $0
2017 $3,023 $141,150 $0 $0
2016 $2,944 $137,040 $0 $0
2015 $2,873 $133,050 $0 $0
2014 $2,819 $129,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Gourley

    Seller's Agent in 2020

    Patrick Gourley

    Windermere Realty Trust

    (503) 334-7406

    131 Total Sales

    Patrick Gourley
    Section Image

  • B

    Buyer's Agent in 2020

    Barbara Matthiesen

    Barbara Matthiesen Real Estate

    (970) 286-4002

    20 Total Sales

    Barbara Matthiesen
    Section Image
  • Li Lanz

    Seller's Agent in 2016

    Li Lanz

    Li Lanz Properties, LLC

    (503) 936-4154

    14 in this area

    202 Total Sales

    Li Lanz
    Section Image
  • Alexander Ney

    Buyer's Agent in 2016

    Alexander Ney

    Urban Nest Realty

    (503) 804-5622

    2 in this area

    83 Total Sales

    Alexander Ney
    Section Image
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Map

Oregon Multnomah County Portland 97266 Lents

5545 SE 111th Ave, Portland, OR

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