NOT LISTED FOR SALE

5717 SE Foster Rd Unit 5719 Portland, OR 97206

Foster-Powell Neighborhood

Estimated Value: $478,674 - $584,000

2 Beds
2 Baths
1,938 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $495,000 $255 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,011/month

142 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Level Lot
  • Creston Elementary School Rated 9+
  • Gated Home

About This Home

As of March 2023

Investment opportunity. Duplex w/upper unit rented. Larger, lower unit is vacant & move-in ready. Each unit w/new floors, counters, plumbing, electrical. fridges, ranges, washer, dryer included. Shared basement w/storage & laundry. Large parking pad providing room for several cars. Gated driveway provides security. Private backyard. Newer exterior paint, earthquake retrofitting, roof & gas furnace. Additional $116 monthly income for billboard on the property. **SELLER FINANCING W/GREAT TERMS!**

Last Agent to Sell the Property

Marc Fox

Keller Williams Realty Portland Premiere License #200508221 Listed on: 09/14/2022

Keller Williams Realty Portland Premiere

Co-Listed By

Matt Soukup

Keller Williams Realty Portland Premiere License #201214742

Last Buyer's Agent

Marc Fox

Keller Williams Realty Portland Premiere License #200508221 Listed on: 09/14/2022

Keller Williams Realty Portland Premiere

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,867

Year Built

  • Built in 1908 | Remodeled

Lot Details

  • Gated Home
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,938 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Exterior Basement Entry
  • Basement Storage

Schools

  • Creston Elementary School
  • Kellogg Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R298609

Community Details

Building Details

  • Operating Expense $6,000
  • Gross Income $34,000
  • Net Operating Income $28,000

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,867

Year Built

Built in 1908 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1908
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, StorageSpace, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Gated, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Creston
  • High School: Franklin
  • Middle Or Junior School: Kellogg

Lot Info

  • Zoning: CE
  • Parcel #: R298609

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 2866.51

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.56
  • Annual Gross Income: 34000.0
  • Property Net Operating Income: 28000.0
  • Annual Operating Expense: 6000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Mar 6, 2023
Sold by
Brod Family Trust
Bought by
Shin Richard Won Man
Seller's Agent
Marc Fox
Keller Williams Realty Portland Premiere
Buyer's Agent
Marc Fox
Keller Williams Realty Portland Premiere
List Price
$495,000
Sold Price
$495,000
Views
28
Current Estimated Value
$519,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,169
Avg. Annual Appreciation
1.86%
Original Mortgage
$450,000
Outstanding Balance
$80,866
Interest Rate
6.15%
Mortgage Type
Seller Take Back
Estimated Equity
$438,303

Purchase Details

Closed on
Jun 29, 2021
Sold by
Bord Charles U and Bord Beth E
Bought by
Brod Charles U and Brod Beth E

Purchase Details

Closed on
Jul 27, 2010
Sold by
Hij Viorel
Bought by
Brod Charles U and Brod Beth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2002
Sold by
Nutu Emanuil and Nutu Elena
Bought by
Hij Viorel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back
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
Shin Richard Won Man $495,000 Fidelity National Title
Brod Charles U -- None Available
Brod Charles U $220,000 First American
Hij Viorel $115,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shin Richard Won Man $450,000
Previous Owner Brod Charles U $157,500
Previous Owner Hij Viorel $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $495,000 0.0% $255 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
09/14/2022 09/14/22 For Sale $495,000 -- $255 / 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 $3,099 $115,840 -- --
2023 $3,099 $112,470 $0 $0
2022 $2,916 $109,200 $0 $0
2021 $2,867 $106,020 $0 $0
2020 $2,630 $102,940 $0 $0
2019 $2,533 $99,950 $0 $0
2018 $2,459 $97,040 $0 $0
2017 $2,357 $94,220 $0 $0
2016 $2,157 $91,480 $0 $0
2015 $2,100 $88,820 $0 $0
2014 $2,069 $86,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marc Fox

    Seller's Agent in 2023

    Marc Fox

    Keller Williams Realty Portland Premiere

    (503) 915-7475

    2 in this area

    705 Total Sales

    Marc Fox
    Section Image
  • Matt Soukup

    Seller Co-Listing Agent in 2023

    Matt Soukup

    Keller Williams Realty Portland Premiere

    (503) 515-5044

    1 in this area

    203 Total Sales

    Matt Soukup
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22574763

Regional Multiple Listing Service (RMLS)

APN: R298609

Oregon Multnomah County Portland 97206 Foster-Powell

5717 SE Foster Rd Unit 5719, Portland, OR

This home is located at 5717 SE Foster Rd Unit 5719, Portland, OR 97206 since 14 September 2022 and is currently estimated at $519,169, approximately $267 per square foot. This property was built in 1908. 5717 SE Foster Rd Unit 5719 is a home located in Multnomah County with nearby schools including Creston Elementary School, Hosford Middle School, and Franklin High School.

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