NOT LISTED FOR SALE

5823 SE 88th Ave Unit 5825 Portland, OR 97266

Lents Neighborhood

Estimated Value: $415,122 - $490,000

4 Beds
2 Baths
1,728 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $165,000 $95 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $2,898/month

110 Days on Market

About This Home

As of May 2013

Hard to find side by side 1 level duplex in convenient location. Near freeway & public transportation. Units in good condition. Solid rental hx. Front unit has newer counters, cabinets, doors, & flooring. Easy to make this cash flow work.Roof approx 10 yrs old.

Last Agent to Sell the Property

Laurie Gilmer

Think Real Estate License #200307055 Listed on: 01/02/2013

Think Real Estate

Last Buyer's Agent

Faye O'Bryant

RE/MAX Equity Group License #200503460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,160

Year Built

  • Built in 1960

Lot Details

  • 4,443

Parking

  • Carport
  • Paved Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by DO NOT DISTURB TENANTS

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,160

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1728
  • Stories: 1
  • Year Built: 1960
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: MT SCOTT PK, BLOCK 5, N 1/2 OF E 1/2 OF LOT 4
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Carport, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Management Name: DO NOT DISTURB TENANTS
  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Kelly
  • Middle School: Lane
  • High School: Franklin

Lot Info

  • Lot Description: On Busline
  • Zoning: R1

Tax Info

  • Tax Amount: 2374.66
  • Assessor Parcel Number: R221741

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 9.44

MLS Schools

  • Elementary School: Kelly
  • High School: Franklin
  • Middle School: Lane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2013
Closed on
May 29, 2013
Sold by
Lee Suzie G
Bought by
Teragli Anthony
Seller's Agent
Laurie Gilmer
Think Real Estate
Buyer's Agent
Faye O'Bryant
RE/MAX Equity Group
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Total Days on Market
110
Current Estimated Value
$465,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,031
Avg. Annual Appreciation
9.24%
Original Mortgage
$162,011
Interest Rate
3.38%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 26, 2007
Sold by
Lindsay Michael
Bought by
Lee Suzie G

Purchase Details

Closed on
Apr 5, 2004
Sold by
Lindsay Michael
Bought by
Lindsay Michael and Lee Suzie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Hardy Gerald T
Bought by
Lindsay Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Teragli Anthony $165,000 Fidelity Natl Title Co Of Or
Lee Suzie G -- None Available
Lindsay Michael -- --
Lindsay Michael $148,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teragli Anthony $50,000
Open Teragli Anthony B $150,000
Closed Teragli Anthony $162,011
Previous Owner Lindsay Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $165,000 -8.3% $95 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $179,900 -- $104 / 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
2023 $5,160 $194,720 $0 $0
2022 $5,048 $189,050 $0 $0
2021 $4,963 $183,550 $0 $0
2020 $4,553 $178,210 $0 $0
2019 $4,385 $173,020 $0 $0
2018 $4,257 $167,990 $0 $0
2017 $4,080 $163,100 $0 $0
2016 $3,733 $158,350 $0 $0
2015 $3,636 $153,740 $0 $0
2014 $3,411 $149,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12247357

Regional Multiple Listing Service (RMLS)

APN: R221741