$157,000
SOLD JUN 24, 2024

5559 SW Multnomah Blvd Portland, OR 97219

Maplewood Neighborhood
2 Beds
1.5 Baths
1,088 Sq Ft
$625/mo HOA Fee

Recently Sold

$144 Per Sq Ft

29% Below List Price

100 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Patio
  • Hilly Lot
  • 1 Car Detached Garage
  • Living Room

About This Home

As of June 2024

HUD home ripe for investors bidding. Unusual circumstances have made this home available at a price that will likely never be seen again for a home such as this. This townhome is Nestled in Hidden Village, this development is minutes from Multnomah Village, OHSU, and Downtown Portland! Detached garage and additional assigned parking space included. Rentals are allowed. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10204695]

Last Agent to Sell the Property

Alex Mitchenkov

Premiere Property Group, LLC License #201203116 Listed on: 02/23/2024

Premiere Property Group, LLC

Last Buyer's Agent

Alex Mitchenkov

Premiere Property Group, LLC License #201203116 Listed on: 02/23/2024

Premiere Property Group, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1980

Lot Details

  • 871 Sq Ft Lot
  • Hilly Lot
  • Landscaped with Trees

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Pad
  • Extra Deep Garage
  • Deeded Parking

Home Design

  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Shingle Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Views of Woods

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Maplewood Elementary School
  • Jackson Middle School
  • Ida B Wells High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Municipal Trash

Additional Features

  • Green Certified Home
  • Patio

Community Details

  • Hidden Village Owners' Association, Phone Number (503) 598-0552
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number R179543

Townhouse Details

Home Type

Townhome

Year Built

Built in 1980

Lot Details

0

HOA Fees

$625 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1980
  • Property Condition: Fixer
  • Property Sub Type: Attached
  • Architectural Style: Stories2, Townhouse
  • New Construction: No
  • Property Attached Yn: Yes
  • Open House: No
  • PublicRemarksAssociation: Potential HOA assessment.
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.1
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Association Contact: AMS | Association Management S
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt0Kto2999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: T111Siding
  • Exterior Features: Patio
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter, PillarPostPier, Slab
  • View: Yes
  • Lot Features: Hilly, Trees
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Shingle
  • View: TreesWoods

Garage/Parking

  • Garage Type: Detached,ExtraDeep
  • Parking Description: Deeded, ParkingPad
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • AssociationParkingSpaceNo: 1
  • AssociationParkingSpaceOwnedYN: Yes

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: ExteriorMaintenance, MaintenanceGrounds, RoadMaintenance, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 625.0
  • Association Fee Frequency: Monthly
  • Association Name: Hidden Village Owners' Association
  • Phone: 503-598-0552
  • Association: Yes
  • Association Email: hiddenvillageth@ams-nw.com

Association/Amenities

  • AssociationAddress: hoaOR@ams-nw.com
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Maplewood
  • High School: Ida B Wells
  • Middle Or Junior School: Jackson

Lot Info

  • Farm: No
  • Land Lease: No
  • Lot Size Acres: 0.02
  • Lot Size Sq Ft: 871.0
  • Parcel #: R179543

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4249.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jun 11, 2024
Sold by
Secretary/Housing & Urban Dev
Bought by
Barnum Wesley C
Seller's Agent
Alex Mitchenkov
Premiere Property Group, LLC
Buyer's Agent
Alex Mitchenkov
Premiere Property Group, LLC
List Price
$220,000
Sold Price
$157,000
Premium/Discount to List
-$63,000
-28.64%
Total Days on Market
100
Views
387
Current Estimated Value
$235,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,608
Avg. Annual Appreciation
54.72%

Purchase Details

Closed on
Feb 20, 2024
Sold by
Pennymac Loan Services Llc
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Sep 12, 2023
Sold by
Ryan Susan
Bought by
Pennymac Loan Services Llc

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jun 6, 2020
Sold by
Schild Crystal D and Thomas Crystal D
Bought by
Ryan Susan
Seller's Agent
Visay Naggi
Berkshire Hathaway HomeServices Real Estate Professionals
Buyer's Agent
Naida Arnaut
Arnaut Realty LLC
List Price
$229,900
Sold Price
$229,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%
Original Mortgage
$225,735
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2016
Sold by
Mitchell Kevin G
Bought by
Thomas Crystal D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2002
Sold by
Klein Laura
Bought by
Mitchell Kevin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,088
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 1997
Sold by
Thompson Park Investors
Bought by
Brown Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,950
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $157,000 First American Title
Warranty Deed -- None Listed On Document
Deed $223,580 Chicago Title Company Of Orego
Warranty Deed $229,900 Chicago Title
Warranty Deed $215,000 Wfg Title
Warranty Deed $110,800 First American
Warranty Deed $105,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,735 FHA
Previous Owner $172,000 New Conventional
Previous Owner $16,000 Credit Line Revolving
Previous Owner $109,088 FHA
Previous Owner $94,950 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $157,000 -10.8% $144 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/21/2024 05/21/24 Price Changed $176,000 -11.1% $162 / Sq Ft
04/15/2024 04/15/24 Price Changed $198,000 -10.0% $182 / Sq Ft
04/02/2024 04/02/24 For Sale $220,000 0.0% $202 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $220,000 -4.3% $202 / Sq Ft
06/10/2020 06/10/20 Sold $229,900 0.0% $211 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $229,900 -- $211 / 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 $4,250 $160,530 $0 $0
2022 $4,158 $155,860 $0 $0
2021 $4,088 $151,330 $0 $0
2020 $3,750 $146,930 $0 $0
2019 $3,612 $142,660 $0 $0
2018 $3,506 $138,510 $0 $0
2017 $3,360 $134,480 $0 $0
2016 $3,075 $130,570 $0 $0
2015 $2,579 $126,770 $0 $0
2014 $2,689 $123,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24631385

Regional Multiple Listing Service (RMLS)

APN: R179543