NOT LISTED FOR SALE

Portland, OR 97218

Cully Neighborhood

Estimated Value: $465,000 - $546,000

3 Beds
1 Bath
1,596 Sq Ft
$322/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $438,750 $275 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,312/month

83 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Den
  • High Ceiling
  • No HOA
  • 5-minute walk to Khunamokwst Park

About This Home

As of March 2022

Must Close with 5242 NE Prescott. Potential abounds in this Cully Bungalow Rehab, or Portland RIP. Great ADU potential too. AS-IS, No repairs. Do due diligence prior to writing an offer. Big lot! Great flip, too. Seller doing a 1031-exchange. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10197555]

Last Agent to Sell the Property

Val Thorpe

Cascade Hasson Sotheby's International Realty License #920300284 Listed on: 12/13/2021

Cascade Hasson Sotheby's International Realty

Co-Listed By

Jennifer Auge

Cascade Hasson Sotheby's International Realty License #200311253

Last Buyer's Agent

Andrew Dang

All Professionals Real Estate License #201213878

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,111

Year Built

  • Built in 1924

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 50 x 260
  • Level Lot
  • Private Yard
  • Property is zoned R7

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Bungalow
  • Fixer Upper
  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,596 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement
  • Partial Basement
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Green Certified Home
  • Cove

Community Details

  • No Home Owners Association
  • Beaumont Subdivision

Listing and Financial Details

  • Assessor Parcel Number R317772

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,111

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 1924
  • Property Condition: Fixer
  • Unreinforced Masonry Building: No
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: CeilingFan,SlidingDoors
  • Room 12 Features: Fireplace,HardwoodFloors
  • Room 13 Features: Coved
  • Room 7 Features: Coved
  • Room 8 Features: Coved,Nook
  • Room 9 Features: HardwoodFloors
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, HighCeilings, VinylFloor, WoodFloors
  • Room 4 Description: Den
  • Room 4 Level: Upper
  • Room 5 Description: Laundry
  • Room 5 Level: Lower
  • Basement: PartialBasement, Unfinished
  • Window Features: WoodFrames
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt10000to14999
  • Other Room10 Area: 140
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 42
  • Bedroom 7 Area: 96
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 66
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 110
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: LapSiding
  • Exterior Features: Yard
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: GentleSloping, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached,Oversized
  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: No
  • Zoning: R7
  • Lot Size Acres: 0.3
  • Lot Size: 50 X 260
  • Lot Size Sq Ft: 13068.0
  • Parcel #: R317772

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4110.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Mar 24, 2022
Sold by
Grieser Allen T
Bought by
Oregon Coast Id Llc
Seller's Agent
Val Thorpe
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Andrew Dang
All Professionals Real Estate
List Price
$499,000
Sold Price
$438,750
Premium/Discount to List
-$60,250
-12.07%
Current Estimated Value
$507,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,390
Avg. Annual Appreciation
4.49%
Original Mortgage
$250,000
Interest Rate
4.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 18, 2000
Sold by
Griffith Walter C and Griffith Sharon Kay
Bought by
Grieser Allen T and Grieser Colette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Oregon Coast Id Llc $438,750 Ticor Title
Grieser Allen T $145,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oregon Coast Id Llc $710,000
Closed Oregon Coast Id Llc $330,000
Closed Oregon Coast Id Llc $250,000
Previous Owner Grieser Allen T $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $438,750 -7.6% $275 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
01/23/2022 01/23/22 Price Changed $474,900 -4.8% $298 / Sq Ft
12/13/2021 12/13/21 For Sale $499,000 -- $313 / 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 $6,431 $161,290 $0 $0
2022 $4,182 $156,600 $0 $0
2021 $4,111 $152,040 $0 $0
2020 $3,771 $147,620 $0 $0
2019 $3,745 $143,330 $0 $0
2018 $3,526 $139,160 $0 $0
2017 $3,380 $135,110 $0 $0
2016 $3,093 $131,180 $0 $0
2015 $3,012 $127,360 $0 $0
2014 $2,966 $123,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Val Thorpe

    Seller's Agent in 2022

    Val Thorpe

    Cascade Hasson Sotheby's International Realty

    (503) 349-0908

    5 in this area

    158 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jennifer Auge

    Cascade Hasson Sotheby's International Realty

    (503) 802-8819

    3 in this area

    81 Total Sales

    Section Image
  • Andrew Dang

    Buyer's Agent in 2022

    Andrew Dang

    All Professionals Real Estate

    (503) 758-0309

    2 in this area

    44 Total Sales

    Section Image
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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21378586

Regional Multiple Listing Service (RMLS)

APN: R317772

Oregon Multnomah County Portland 97218

Cully

This home since 13 December 2021 and is currently estimated at $513,249, approximately $321 per square foot. This property was built in 1924. This home is a home located in Multnomah County with nearby schools including Rigler Elementary School, Beaumont Middle School, and Leodis V. McDaniel High School.

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