NOT LISTED FOR SALE

5725 NE Killingsworth St Portland, OR 97218

Cully Neighborhood

Estimated Value: $634,000 - $745,000

4 Beds
4 Baths
3,042 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $605,000 $199 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,281/month

26 Days on Market

Highlights

  • Baseboard Heating
  • Garage
  • Level Lot
  • Beaumont Middle School Rated 10
  • Laundry Facilities
  • Wood Siding

About This Home

As of November 2021

Open House 10/16-10/17th 1-3pm! We will be reviewing offers Wednesday 10/20. Great investment opportunity! Multifamily property in the heart of an up-and-coming Northeast Portland neighborhood with a growing culinary reputation. Sitting on a large oversized lot, this home is ready to make your rental dreams come true. With a large backyard and plenty of space, it's easy to feel at home.

Last Agent to Sell the Property

Mary Olarte

John L. Scott Market Center License #201235294 Listed on: 09/26/2021

John L. Scott Market Center

Last Buyer's Agent

Debbe Crawford

eXp Realty, LLC License #201221265

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,067

Year Built

  • Built in 1961

Lot Details

  • Level Lot

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,042 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement

Schools

  • Rigler Elementary School
  • Beaumont Middle School
  • Leodis Mcdaniel High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number R131621

Community Details

Overview

  • 2 Units
  • Cully Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,067

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1961
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartiallyFinished
  • Storage: Basement,Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, Paved
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Rigler
  • High School: Leodis McDaniel
  • Middle Or Junior School: Beaumont

Lot Info

  • Zoning: RM1
  • Parcel #: R131621

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 6067.48

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2021
Closed on
Nov 19, 2021
Sold by
Rodela Roxane
Bought by
Mcgrath Ian and Palmer Rebecca
Seller's Agent
Mary Olarte
John L. Scott Market Center
Buyer's Agent
Debbe Crawford
eXp Realty, LLC
List Price
$595,000
Sold Price
$605,000
Premium/Discount to List
$10,000
1.68%
Current Estimated Value
$695,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,044
Avg. Annual Appreciation
3.62%
Original Mortgage
$584,808
Outstanding Balance
$535,876
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$159,168

Purchase Details

Closed on
Sep 7, 2000
Sold by
Gray Gerald D
Bought by
Gray Norma
Source: Public Records

Range of Values:

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Average Value
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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
Mcgrath Ian $605,000 Lawyers Title
Gray Norma $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Ian $584,808
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $605,000 +1.7% $199 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $595,000 -- $196 / 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 $7,151 $267,280 -- --
2023 $6,876 $259,500 $0 $0
2022 $6,728 $251,950 $0 $0
2021 $6,614 $244,620 $0 $0
2020 $6,067 $237,500 $0 $0
2019 $5,845 $230,590 $0 $0
2018 $5,673 $223,880 $0 $0
2017 $5,437 $217,360 $0 $0
2016 $4,976 $211,030 $0 $0
2015 $4,493 $204,890 $0 $0
2014 $3,932 $175,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21518311

Regional Multiple Listing Service (RMLS)

APN: R131621