NOT LISTED FOR SALE

5937 NE Mason St Portland, OR 97218

Cully Neighborhood

Estimated Value: $555,994 - $649,000

2 Beds
2 Baths
1,302 Sq Ft
$459/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $400,000 $307 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,667/month

18 Days on Market

Highlights

  • Detached Garage
  • Level Lot
  • Wood Siding

About This Home

As of May 2021

Great investment opportunity- purchase 3 contiguous lots totaling 1.14 acres in the Cully area close to Wellington Park. Lot zoned RM1 allowing for multi-family and other potential subdivide opportunities. Existing home on the property is not habitable. Property sold AS-IS, seller to do no repairs. Buyer to complete due diligence with the City of Portland to confirm all details, including development potential. Must be sold & close simultaneously with adjoining lots (RMLS# 21391401 & 21611717)

Last Agent to Sell the Property

Stephanie Sohler

Opt License #201236657 Listed on: 03/22/2021

Opt

Last Buyer's Agent

Kari and Erika HouseLovePDX

Living Room Realty License #201207835

Living Room Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,247

Year Built

  • Built in 1926

Lot Details

  • Level Lot
  • Property is zoned RM1

Parking

  • Detached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,247

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 1 Story
  • Sq Ft Calculated: 1302
  • Sq Ft Approximate Total: 1302
  • Stories: 2
  • Year Built: 1926
  • Property Condition: Fixer
  • Remarks Public: Great investment opportunity- purchase 3 contiguous lots totaling 1.14 acres in the Cully area close to Wellington Park. Lot zoned RM1 allowing for multi-family and other potential subdivide opportunities. Existing home on the property is not habitable. Property sold AS-IS, seller to do no repairs. Buyer to complete due diligence with the City of Portland to confirm all details, including development potential. Must be sold & close simultaneously with adjoining lots (RMLS# 21391401 & 21611717)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Legal Description: COMMUNITY AC, BLOCK 3, LOT 13 EXC S 112.5' OF W 62.5'
  • Sq Ft Main Level: 1302
  • Bedrooms: 2
  • Master Bedroom: On Level: Main
  • Full Bathrooms: 2
  • Basement: Partially Finished
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 20K-.99AC
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Detached
  • Parking Description: Driveway

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public

Schools

  • Elementary School: Rigler
  • Middle School: Roseway Heights
  • High School: Leodis McDaniel
  • School Elementary2: Scott

Lot Info

  • Lot Description: Level
  • Acres: 0.48
  • Zoning: RM1

Tax Info

  • Tax Amount: 4452.08
  • Assessor Parcel Number: R139103
  • Tax Year: 2020

MLS Schools

  • Elementary School: Rigler
  • High School: Leodis McDaniel
  • Middle School: Roseway Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 21, 2021
Sold by
Lawson Richard L
Bought by
6005 Mason Llc
Seller's Agent
Stephanie Sohler
Opt
Buyer's Agent
Kari and Erika HouseLovePDX
Living Room Realty
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$597,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,499
Avg. Annual Appreciation
9.40%
Original Mortgage
$975,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2001
Sold by
Hofland Phyllis M
Bought by
Lawson Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
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
6005 Mason Llc $1,200,000 First American
Lawson Richard L $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 6005 Mason Llc $975,000
Previous Owner Lawson Richard L $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $400,000 0.0% $307 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $400,000 -- $307 / 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 $5,247 $196,120 -- --
2023 $5,046 $190,410 $0 $0
2022 $4,936 $184,870 $0 $0
2021 $4,853 $179,490 $0 $0
2020 $4,452 $174,270 $0 $0
2019 $4,289 $169,200 $0 $0
2018 $4,163 $164,280 $0 $0
2017 $3,990 $159,500 $0 $0
2016 $3,651 $154,860 $0 $0
2015 $3,555 $150,350 $0 $0
2014 $3,502 $145,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Sohler

    Seller's Agent in 2021

    Stephanie Sohler

    Opt

    (503) 679-5112

    3 in this area

    18 Total Sales

    Stephanie Sohler
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21569188

Regional Multiple Listing Service (RMLS)

APN: R139103

Oregon Multnomah County Portland 97213 Cully

5937 NE Mason St, Portland, OR

This home is located at 5937 NE Mason St, Portland, OR 97218 since 22 March 2021 and is currently estimated at $597,499, approximately $458 per square foot. This property was built in 1926. 5937 NE Mason St is a home located in Multnomah County with nearby schools including Scott Elementary School, Roseway Heights School, and Leodis V. McDaniel High School.

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