NOT LISTED FOR SALE

5947 NW Saint Helens Rd Portland, OR 97210

Linnton Neighborhood

Estimated Value: $636,000 - $759,000

4 Beds
4 Baths
4,974 Sq Ft
$142/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $673,250 $135 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,327/month

53 Days on Market

Highlights

  • River View
  • Secured Garage or Parking
  • Laundry Facilities
  • Skyline School Rated 9+
  • Forced Air Heating System
  • Level Lot

About This Home

As of May 2023

Two units are 2 bed units and lower level are one bedrooms units.Amazing turn key investment. Crown moldings,new windows,updated electrical panels. Abundance of natural light.High ceilings in basement, 9 income producing large storage units.Tons of parking, decks and views.This is a must see. Adjacent 4 plex seen in Photos is also for sale. They are identical four plex's This this so total of eight units together to separate tax IDs. Meticulously maintained.

Last Agent to Sell the Property

Ann-Marie Nava

MORE Realty License #200604076 Listed on: 11/17/2022

MORE Realty

Last Buyer's Agent

Chris Shepard

Uptown Properties, LLC License #201012092

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,293

Year Built

  • Built in 1914

Lot Details

  • Level Lot

Parking

  • 12 Car Garage
  • Secured Garage or Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,974 Sq Ft Home
  • River Views
  • Security Lights

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Schools

  • Skyline Elementary And Middle School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R308251

Community Details

Overview

  • 4 Units

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $13,200
  • Gross Income $56,100
  • Net Operating Income $56,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,293

Year Built

Built in 1914

Lot Details

0

Parking

12

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1914
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, FullBasement, StorageSpace
  • Storage: Basement,IndividualStorageUnits
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: River

Garage/Parking

  • Parking Description: Paved, Secured
  • Attached Garage: No
  • Garage Spaces: 12.0
  • Total Parking Spaces: 12.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Security: SecurityLights
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons, Laundry

Schools

  • Elementary School: Skyline
  • Middle Or Junior School: Skyline

Lot Info

  • Zoning: IH
  • Parcel #: R308251

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 6292.82

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.46
  • Annual Gross Income: 56100.0
  • Property Net Operating Income: 56100.0
  • Annual Operating Expense: 13200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
May 1, 2023
Sold by
Faddoul Ghassan G
Bought by
Shepard Christopher
Seller's Agent
Ann-Marie Nava
MORE Realty
Buyer's Agent
Chris Shepard
Uptown Properties, LLC
List Price
$699,000
Sold Price
$673,250
Premium/Discount to List
-$25,750
-3.68%
Views
11
Current Estimated Value
$705,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,532
Avg. Annual Appreciation
-0.61%
Original Mortgage
$504,937
Outstanding Balance
$493,993
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$169,638

Purchase Details

Closed on
May 26, 2005
Sold by
Stanton Jeffrey C
Bought by
Faddoul Ghassan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 21, 2002
Sold by
Siegelbaum Philip R
Bought by
Stanton Jeffrey C and Stanton Dana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1998
Sold by
P M P Llc
Bought by
Siegelbaum Philip R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
7.06%
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
Shepard Christopher $673,250 Lawyers Title
Faddoul Ghassan G $205,000 Fidelity Natl Title Co Of Or
Stanton Jeffrey C $205,000 First American
Siegelbaum Philip R $208,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepard Christopher $504,937
Previous Owner Faddoul Ghassan G $153,750
Previous Owner Stanton Jeffrey C $153,750
Previous Owner Siegelbaum Philip R $187,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $673,250 -3.7% $135 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
11/17/2022 11/17/22 For Sale $699,000 -- $141 / 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 $6,804 $254,540 -- --
2023 $6,542 $247,130 $0 $0
2022 $6,401 $239,940 $0 $0
2021 $6,293 $232,960 $0 $0
2020 $5,773 $226,180 $0 $0
2019 $5,560 $219,600 $0 $0
2018 $5,397 $213,210 $0 $0
2017 $5,173 $207,000 $0 $0
2016 $4,734 $200,980 $0 $0
2015 $4,609 $195,130 $0 $0
2014 $4,540 $189,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22262979

Regional Multiple Listing Service (RMLS)

APN: R308251