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5105 Northeast 23rd Avenue

5105 Northeast 23rd Avenue, Portland, OR 97211
Multifamily in Concordia
Sold Jul 16, 2018
$620,000
$403,000 by First Republic Bank
Mortgage Due Aug 01, 2048
Sold Mar 15, 2000
$169,900
$144,415 by Oregonian Fcu
Mortgage Due Mar 14, 2015
5105 Northeast 23rd Avenue has been categorized by the local assessors in Portland, OR as a residential type of property. The building on the property was first built in 1909 and is 115 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5105 Northeast 23rd Avenue has 1,690 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as excellent. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5105 Northeast 23rd Avenue sold most recently in Jul 16, 2018 for a total of $620,000. If you work out the math, that's approximately a cost of $229.80 per sqft. Before that, the property was also sold for $169,900 in Mar 13, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,541 in taxes each year. 5105 Northeast 23rd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $171,370. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Excellent
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,008
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,698
  • Gross Building Area: 2,698
  • Building Area: 1,690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,690
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VERNON
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VERNON, BLOCK 33, LOT 13

Ownership

  • Current Owner : KELLY MICHAEL R
  • Previous Owner : SUO STEVEN N
  • Owner Before Previous Owner: MALSIN BRADLEY J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003200

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R860706000
  • Parcel: R295288
  • Block: 33
  • Lot: 13
  • Meridian: SEC 23 TWN 01N RNG 01E
  • Latitude: 45.5598
  • Longitude: -122.641

    Address

  • Full Address: 5105 Ne 24th Ave
  • Address - House Number: 5105
  • Street Direction: NE
  • Address - Street Name: 24th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C005
  • 4-Digit Zip Code: 6308
  • Zip Code: 97211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,541
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 726,696
  • High Value: 849,679
  • Low Value: 603,713

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $403,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jul 16, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $403,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $699,930
  • Market Land Value: $327,500
  • Market Improvement Value: $372,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,370

    Sales

  • Current Sale Contract Date: Jul 16, 2018
  • Current Sale Recording Date: Jul 16, 2018
  • Current Sale Transaction ID: 11481816599
  • Current Sale Price: $620,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-074434
  • Previous Sale Recording Date: Mar 15, 2000
  • Previous Sale Contract Date: Mar 13, 2000
  • Previous Sale Amount: $169,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jul 16, 2018
  • First Mortgage Loan Amount: $403,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: OREGONIAN FCU
  • Previous Mortgage Transaction Date: Mar 15, 2000
  • Previous Mortgage Loan Amount: $144,415
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 14, 2015

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Nearby Rentals

Unit for rent at

$1,695 /mo

  • 2 Beds
  • 1 Bath
  • 630 ft²
Listing by Manager
Unit for rent at

$1,595 /mo

  • 1 Bed
  • 1 Bath
  • 725 ft²
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Unit for rent at

$1,695 /mo

  • 1 Bed
  • 1 Bath
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Unit for rent at

$1,750 /mo

  • 2 Beds
  • 1 Bath
  • 685 ft²
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Unit for rent at

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 899 ft²
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Unit for rent at

$1,775 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
Listing by Manager
Unit for rent at

$1,725 /mo

  • 2 Beds
  • 1 Bath
  • 867 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5105 Northeast 23rd Avenue located in?
The 5105 Northeast 23rd Avenue is a multifamily located in the neighborhood of Concordia in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 5105 Northeast 23rd Avenue?
The average sales price for units in 5105 Northeast 23rd Avenue is $780,000 , or $286/sqft. currently.

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