NOT LISTED FOR SALE

5614 NE Mason St Portland, OR 97218

Cully Neighborhood

Estimated Value: $430,000 - $1,104,224

10 Beds
11 Baths
822 Sq Ft
$781/Sq Ft Est. Value

Last Sold April 12, 2016

Last sale price $748,000 $910 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,728/month

97 Days on Market

Highlights

  • Views
  • Storage
  • Wood Siding
  • Beaumont Middle School Rated 10
  • Level Lot

About This Home

As of April 2016

Rare investment opportunity on .45 acres in the middle of the city! Two duplex's and two homes all for sale! Great location and highly sought after community. The potential is endless! Lots of space to improve and rent for top dollar. All units are currently rented! 6 units total, the two homes are large! Total of 4100 sq ft. Wont last long! Units are rented for WAY lower than market value now. Washer, dryer and storage! Lots of parking

Last Agent to Sell the Property

Leanne Ishibashi

MORE Realty License #201003122 Listed on: 12/11/2015

MORE Realty

Last Buyer's Agent

Meffie Armstrong

John L. Scott License #890400140

John L. Scott

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1948

Lot Details

  • 4,792

Parking

  • Paved Parking

Home Design

  • Wood Siding

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Storage
  • Level Lot
  • Electric Water Heater
  • Property Views

Community Details

  • 6 Units
  • Property managed by NO Showings

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,900

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Year Built: 1948
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 19 1N 2E, TL 14500 0.11 ACRES

Exterior Features

  • Exterior Description: Wood Siding
  • Roof Type: Composition
  • View: Territorial
  • View: Yes

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Management Name: NO Showings
  • Unit Features: Dishwasher, Range, Refrigerator, Storage

Schools

  • Elementary School: Rigler
  • Middle School: Beverly Cleary
  • High School: Madison

Lot Info

  • Lot Description: Level
  • Zoning: R7

Tax Info

  • Tax Amount: 2602.78
  • Assessor Parcel Number: R318057

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 16.36

MLS Schools

  • Elementary School: Rigler
  • High School: Madison
  • Middle School: Beverly Cleary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2015
Closed on
Apr 5, 2016
Sold by
T & T Real Estate Investments Llc
Bought by
Novak Mark and Novak Alessandra
Seller's Agent
Leanne Ishibashi
MORE Realty
Buyer's Agent
Meffie Armstrong
John L. Scott
List Price
$784,900
Sold Price
$748,000
Premium/Discount to List
-$36,900
-4.7%
Current Estimated Value
$641,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,194
Avg. Annual Appreciation
-1.60%

Purchase Details

Closed on
Jun 18, 2013
Sold by
Vominh Tan
Bought by
T & T Real Estate Investment Llc

Purchase Details

Closed on
Aug 30, 2005
Sold by
Vonhof Vivian
Bought by
Bolles Arlene M

Purchase Details

Closed on
Oct 22, 2003
Sold by
Bolles Arlene M
Bought by
Vominh Tan and Vominh Thanh Hai
Source: Public Records

Range of Values:

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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
Novak Mark $748,000 Fidelity Natl Title Co Of Or
T & T Real Estate Investment Llc -- None Available
Bolles Arlene M $38,450 --
Vominh Tan $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2016 04/12/16 Sold $748,000 -4.7% $910 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $784,900 -- $955 / 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 $3,900 $145,770 -- --
2023 $3,750 $141,530 $0 $0
2022 $3,669 $137,410 $0 $0
2021 $3,607 $133,410 $0 $0
2020 $3,309 $129,530 $0 $0
2019 $3,187 $125,760 $0 $0
2018 $3,094 $122,100 $0 $0
2017 $2,965 $118,550 $0 $0
2016 $2,714 $115,100 $0 $0
2015 $2,643 $111,750 $0 $0
2014 $2,603 $108,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Leanne Ishibashi

    MORE Realty

    (503) 205-0614

    1 in this area

    299 Total Sales

    Leanne Ishibashi
    Section Image

  • M

    Buyer's Agent in 2016

    Meffie Armstrong

    John L. Scott

    (503) 635-6376

    18 Total Sales

    Meffie Armstrong
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15651099

Regional Multiple Listing Service (RMLS)

APN: R318057

Oregon Multnomah County Portland 97213 Cully

5614 NE Mason St, Portland, OR

This home is located at 5614 NE Mason St, Portland, OR 97218 since 11 December 2015 and is currently estimated at $641,806, approximately $780 per square foot. This property was built in 1948. 5614 NE Mason St is a home located in Multnomah County with nearby schools including Rigler Elementary School, Beaumont Middle 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.

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