$250,000
SOLD APR 22, 2025

5863 NE Prescott St Unit 4 Portland, OR 97218

Cully Neighborhood
2 Beds
1.5 Baths
876 Sq Ft
$40/mo HOA Fee

Recently Sold

$285 Per Sq Ft

4% Below List Price

257 Days on Market

Highlights

  • New Construction
  • High Ceiling
  • Stainless Steel Appliances
  • View of Trees or Woods
  • Private Yard
  • Natural Light

About This Home

As of April 2025

No money down - 100% financing options available! Welcome to your dream condo nestled in a charming new community boasting minimal HOA dues! Nestled away from the main street, this unit offers the advantage of enhanced privacy, providing a serene retreat from the hustle and bustle. This end unit presents one of the most generous square footages available within the community, ensuring ample space for comfortable living. Step inside this inviting abode and discover a spacious living room, perfect for relaxing evenings by the cozy fireplace. The kitchen exudes warmth with its rich tones, extensive tile backsplash, sleek black accents, and stainless steel appliances, creating an ideal space for culinary delights. Upstairs, two generously-sized bedrooms await, adorned with lofty ceilings for an airy ambiance. The full bathroom is a sanctuary of designer touches, featuring a luxurious soaking tub to unwind after a long day. Outside, revel in your own private oasis with a fenced yard space and a delightful patio, ideal for alfresco dining or enjoying morning coffee amidst serene surroundings. Located just steps away from an array of restaurants, shops, and cafes, this residence offers the epitome of convenience. Plus, with a remarkable 92 BikeScore, exploring the vibrant neighborhood couldn't be easier. Don't miss out on this opportunity to experience luxurious living in a prime location ? schedule your viewing today! (List price is subject to the buyer qualifying for the Portland Housing Bureau - System Development Charge exemption program to promote affordable housing in Portland, call for more info.)

Last Agent to Sell the Property

Darryl Bodle

Keller Williams Realty Portland Premiere License #199910100

Keller Williams Realty Portland Premiere

Co-Listed By

Kelly Christian

Keller Williams Realty Portland Premiere License #201231606

Last Buyer's Agent

Chad Estes

Coldwell Banker Bain License #201203930

Coldwell Banker Bain

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,030

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Fenced
  • Private Yard

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 876 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Electric Fireplace
  • Natural Light
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Views of Woods

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Stainless Steel Appliances
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater

Additional Features

  • Accessibility Features
  • Patio

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number New Construction

Community Details

Overview

  • 12 Units
  • Cully Subdivision

Amenities

  • Courtyard

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,030

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Warranty: BuilderWarranty
  • Year Built: 2024
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 22-112234-RS
  • Property Sub Type: Condominium
  • Architectural Style: Townhouse
  • New Construction: Yes
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: No
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 12
  • CondominiumWasherDryer: SeeRemarks
  • CondominiumYardYN: Yes
  • Open House: No
  • Room 11 Features: Dishwasher,Microwave,Pantry
  • CondominiumTotalLevels: 2
  • Unit Floor Number: 1
  • Special Features: 4098

Interior Features

  • Accessibility Features: NaturalLighting
  • Total Bathrooms: 1.1
  • Fireplaces: 1
  • Interior Amenities: HighCeilings, WalltoWallCarpet
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, FreeStandingRange, Pantry, SolidSurfaceCountertop, StainlessSteelAppliance, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Stories: 2
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 1.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Bedroom 7 Area: 99
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: Fenced, Patio, Yard
  • Foundation Details: ConcretePerimeter, Slab
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Attached Garage: No
  • CondominiumGarageType: None
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump, MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: Townhouse
  • Senior Community: No
  • Association Fee: 40.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: .
  • CondominiumAssociationEmail: .
  • CondominiumAssociationName: .
  • CondominiumAssociationPhone: 000-000-0000
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Zoning: CM2
  • Land Lease: No
  • Parcel #: New Construction

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Sold $250,000 -3.8% $285 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
07/18/2024 07/18/24 For Sale $259,900 -- $297 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,030 $150,610 -- $150,610
2023 $4,030 -- -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Previous Owner $2,058,750 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $250,000 Fidelity National Title
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24559098

Regional Multiple Listing Service (RMLS)

APN: R723491