NOT LISTED FOR SALE

5650 SE 85th Ave Portland, OR 97266

Lents Neighborhood

Estimated Value: $480,000 - $503,000

3 Beds
3 Baths
2,096 Sq Ft
$235/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $130,000 $62 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $3,073/month

10 Days on Market

About This Home

As of July 2012

Must be sold with 80x100 Lot next door (5716 SE 85th Ave)!House on lot can be salvaged-gutted. EX Zoning allows for many uses: Multi, Condos,Commercial,Residential. Lot is 80x100 and would be easy to reinstate lot line for two 40x100 lots-Level with mature trees at the perimeter. Nice lots!

Last Agent to Sell the Property

Karen Wu

Habitat Resource Properties License #940600159 Listed on: 06/18/2012

Co-Listed By

Zhen Wu

Habitat Resource Properties License #200806145

Last Buyer's Agent

Israel Hill

John L. Scott Portland Central License #200411111

John L. Scott Portland Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,565

Lot Details

  • Private Lot
  • Landscaped with Trees
  • Additional Parcels

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,565

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Multifamily
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: EVELYN, BLOCK 6, LOT 15&16

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • Lot Dimensions: 80x100
  • Road Frontage: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Natural Gas Available, Electricity Connected

Association/Amenities

  • Existing Structures Description: Fixer, Foundation, To Be Torn Down
  • Existing Structures: Yes

Schools

  • Elementary School: Marysville
  • Middle School: Marysville
  • High School: Franklin

Lot Info

  • Lot Description: Private, Trees
  • Acres: 0.18
  • Zoning: EX
  • Number Of Lots Total: 2
  • Present Use: Residential
  • Topography: Level
  • Additional Parcels: Yes
  • Soil Condition: Native

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 2916.38
  • Assessor Parcel Number: R159105

MLS Schools

  • Elementary School: Marysville
  • High School: Franklin
  • Middle School: Marysville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Chen Shao Wen and Chen Xue Yan
Bought by
Chen Chaoyan and Chen Yanyan
Current Estimated Value
$492,144

Purchase Details

Closed on
May 30, 2013
Sold by
Dk Homes Llc
Bought by
Chen Shao Wen and Chen Xue Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$106,177
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$385,967

Purchase Details

Listed on
Jun 18, 2012
Closed on
Jul 27, 2012
Sold by
Ingle Melody L
Bought by
Karin Damir
Seller's Agent
Karen Wu
Habitat Resource Properties
Buyer's Agent
Israel Hill
John L. Scott Portland Central
List Price
$146,000
Sold Price
$130,000
Premium/Discount to List
-$16,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%

Purchase Details

Closed on
Nov 9, 2006
Sold by
Mitchell John J
Bought by
Ingle Melody L and Miles Seamus T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
7.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 30, 2004
Sold by
Mitchell John Joseph
Bought by
Mitchell John Joseph and Emanuel Grace
Source: Public Records

Range of Values:

Collateral Analytics

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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
Chen Chaoyan -- None Available
Chen Shao Wen $251,500 Ticor Title
Karin Damir $130,000 Ticor Title
Ingle Melody L $257,000 Fidelity Natl Title Co Of Or
Mitchell John Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Shao Wen $150,000
Previous Owner Ingle Melody L $205,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2012 07/30/12 Sold $130,000 -11.0% $62 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $146,000 -- $70 / 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 $5,565 $207,980 -- --
2023 $1,398 $52,770 $0 $0
2022 $1,368 $51,240 $0 $0
2021 $1,345 $49,750 $0 $0
2020 $1,234 $48,310 $0 $0
2019 $1,189 $46,910 $0 $0
2018 $1,154 $45,550 $0 $0
2017 $1,106 $44,230 $0 $0
2016 $1,013 $42,950 $0 $0
2015 $986 $41,700 $0 $0
2014 $971 $40,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Wu

    Seller's Agent in 2012

    Karen Wu

    Habitat Resource Properties

    (503) 312-2239

    1 in this area

    45 Total Sales

    Karen Wu
    Section Image

  • Z

    Seller Co-Listing Agent in 2012

    Zhen Wu

    Habitat Resource Properties

    Section Image
  • Israel Hill

    Buyer's Agent in 2012

    Israel Hill

    John L. Scott Portland Central

    (503) 888-1037

    12 in this area

    148 Total Sales

    Israel Hill
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12463018

Regional Multiple Listing Service (RMLS)

APN: R159105

Oregon Multnomah County Portland 97266 Lents

5650 SE 85th Ave, Portland, OR

This home is located at 5650 SE 85th Ave, Portland, OR 97266 since 18 June 2012 and is currently estimated at $492,144, approximately $234 per square foot. 5650 SE 85th Ave is a home located in Multnomah County with nearby schools including Woodmere Elementary School, Lane Middle School, and Franklin 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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