Seller's Agent in 2024
Brian Porter
Opt
(503) 810-2219
6 in this area
198 Total Sales
5806 NE 16th Ave Portland, OR 97211
Vernon NeighborhoodEstimated Value: $824,000 - $869,000
1
Bed
3
Baths
3,762
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Corner Lot
- Wood Siding
- 4-minute walk to Alberta Park
- Forced Air Heating and Cooling System
About This Home
As of June 2024Beautiful 1912 3-Unit craftsman just 2 blocks west of Alberta Park and within half-mile from hot new development on lower Killingsworth and Alberta Street. The main level unit retains the original charm including wainscoting, high ceilings, box beams, fireplace and built ins. At the same time it has modern features like an updated kitchen (2016), built in dishwasher, stackable W/D and air conditioning. The upper 3-bedroom unit includes a private deck with views to the east, air conditioning and washer/dryer. The lower level unit is the most modern of all with features like polished concrete floors, Comfort Cove radiant heat, passive radon system, upgraded insulation for sound & comfort, open kitchen with quartz counters & new cabinetry. All units include newer tankless hot water heaters. Amazing Location with a walk score of 89 and a bike score of 98. Great LT or ST rental options!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,447
Year Built
- Built in 1912 | Remodeled
Lot Details
- 4,791 Sq Ft Lot
- Lot Dimensions are 50x100
- Corner Lot
- Level Lot
Home Design
- Composition Roof
- Wood Siding
- Lap Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,762 Sq Ft Home
- 3-Story Property
Finished Basement
- Basement Fills Entire Space Under The House
- Apartment Living Space in Basement
Parking
- 3 Parking Spaces
- Assigned Parking
Schools
- Vernon Elementary And Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Mini Split Heat Pump
- Radiant Heating System
- Gas Water Heater
Listing and Financial Details
- Rent includes sewer, trashcollection, water
- Assessor Parcel Number R229245
Community Details
Overview
- 3 Units
- Vernon / Alberta Arts Subdivision
Building Details
- Operating Expense $16,841
- Gross Income $74,739
- Net Operating Income $57,898
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2024
Closed on
Jun 17, 2024
Sold by
Chen Joan C and Revocabl Mark
Bought by
Meyer Thomas
Seller's Agent
Brian Porter
Opt
Buyer's Agent
Cory C
Constant Commercial Real Estate Inc
List Price
$825,000
Sold Price
$830,000
Premium/Discount to List
$5,000
0.61%
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,459
Avg. Annual Appreciation
2.15%
Original Mortgage
$747,000
Outstanding Balance
$741,457
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$108,002
Purchase Details
Closed on
Aug 5, 2021
Sold by
Sherwood Mark A and Chen Joan C
Bought by
Joan C Chen & Mark A Sehrwood Rev Tr
Purchase Details
Listed on
Apr 12, 2015
Closed on
Jun 24, 2015
Sold by
Roberts Vicki
Bought by
Sherwood Mark and Chen Joan
Seller's Agent
Lois Oliver-Miesbach
MORE Realty
Buyer's Agent
Gary Had
Gary Had Real Estate, Inc
List Price
$429,000
Sold Price
$463,000
Premium/Discount to List
$34,000
7.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meyer Thomas | $830,000 | First American Title | |
| Joan C Chen & Mark A Sehrwood Rev Tr | -- | None Available | |
| Sherwood Mark | $463,000 | Fidelity Natl Title Co Of Or |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meyer Thomas | $747,000 | |
| Previous Owner | Sherwood Mark | $540,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $830,000 | +0.6% | $221 / Sq Ft |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 04/24/2024 04/24/24 | For Sale | $825,000 | 0.0% | $219 / Sq Ft |
| 04/06/2024 04/06/24 | Price Changed | $825,000 | -5.7% | $219 / Sq Ft |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | For Sale | $875,000 | +89.0% | $233 / Sq Ft |
| 06/30/2015 06/30/15 | Sold | $463,000 | +7.9% | $137 / Sq Ft |
| 06/04/2015 06/04/15 | Pending | -- | -- | -- |
| 04/12/2015 04/12/15 | For Sale | $429,000 | -- | $127 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $5,447 | $205,540 | $0 | $0 |
| 2022 | $5,329 | $199,560 | $0 | $0 |
| 2021 | $5,238 | $193,750 | $0 | $0 |
| 2020 | $4,806 | $188,110 | $0 | $0 |
| 2019 | $4,629 | $182,640 | $0 | $0 |
| 2018 | $4,493 | $177,330 | $0 | $0 |
| 2017 | $4,307 | $106,320 | $0 | $0 |
| 2016 | $2,434 | $103,230 | $0 | $0 |
| 2015 | $2,370 | $100,230 | $0 | $0 |
| 2014 | $2,335 | $97,320 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Theresa deSousa + Brian Spear
Opt
(503) 515-9374
1 in this area
134 Total Sales
-
Buyer's Agent in 2024
Cory C
Constant Commercial Real Estate Inc
(503) 686-1896
1 in this area
55 Total Sales
-
L
Seller's Agent in 2015
Lois Oliver-Miesbach
MORE Realty
-
G
Buyer's Agent in 2015
Gary Had
Gary Had Real Estate, Inc
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24011138
APN: R229245
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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Nearby Homes
- 5827 NE 16th Ave
- 5829 NE 16th Ave
- 5831 NE 16th Ave Unit rear
- 5674 NE 15th Ave
- 5935 NE 18th Ave
- 5833 NE 14th Ave
- 5415 NE 17th Ave
- 5417 NE 15th Ave
- 5416 NE 14th Place
- 6105 NE 18th Ave
- 5420 NE 13th Ave
- 5851 NE 12th Ave
- 5281 NE 19th Ave
- 6200 NE 19th Ave
- 5926 NE 22nd Ave
- 1035 NE Killingsworth St
- 5731 NE 10th Ave
- 5817 NE 10th Ave Unit 104
- 1432 NE Rosa Parks Way
- 1224 NE Sumner St
- 5814 NE 16th Ave
- 1575 NE Jarrett St
- 1627 NE Jarrett St
- 1610 NE Jarrett St Unit 1614
- 1610 1614 NE Jarrett St
- 5830 NE 16th Ave
- 5811 NE 17th Ave
- 1535 NE Jarrett St
- 5811 NE 16th Ave
- 5825 NE 17th Ave
- 1628 1632 NE Jarrett St
- 1628 NE Jarrett St Unit 1632
- 5722 NE 16th Ave
- 5840 NE 16th Ave
- 5725 NE 17th Ave
- 5735 NE 16th Ave
- 5833 NE 16th Ave
- 5841 NE 17th Ave
- 5714 NE 16th Ave
- 1515 NE Jarrett St Unit 1527