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5135 North Minnesota Avenue

5135 North Minnesota Avenue, Portland, OR 97217
Property in Overlook
Sold Oct 11, 2019
$518,500
$472,000 by United Wholesale Mortgage
Mortgage Due May 01, 2041
Sold Sep 09, 2005
$245,000
$196,000 by Hyperion Capital Group Llc
Mortgage Due Oct 01, 2035
Local assessors in Portland, OR have categorized 5135 North Minnesota Avenue as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 5,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5135 North Minnesota Avenue has a total of 1,696 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5135 North Minnesota Avenue was last sold in Oct 2, 2019 for $518,500. According to our calculations, that's $191.75 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Sep 7, 2005. Current property owners are expected to pay $4,469 in taxes per year. The property on 5135 North Minnesota Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $168,640. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Building Style

Bungalow

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • 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
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,704
  • Gross Building Area: 2,900
  • Building Area: 1,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,696
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: M PATTONS ADD & 2ND
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: M PATTONS ADD & 2ND, BLOCK 29, LOT 5

Ownership

  • Current Owner : WOLTERS BRYAN M
  • Current Owner 2: BENOIT NICOLE L
  • Previous Owner : MELINO REBECCA
  • Owner Before Previous Owner: LAMB ERIN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003501

Zoning

  • Zoning: RM3

Geography

  • Account Number: R520502500
  • Parcel: R210565
  • Block: 29
  • Lot: 5
  • Meridian: SEC 22 TWN 01N RNG 01E
  • Latitude: 45.5603
  • Longitude: -122.679

    Address

  • Full Address: 5135 N Minnesota Ave
  • Address - House Number: 5135
  • Street Direction: N
  • Address - Street Name: Minnesota
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C015
  • 4-Digit Zip Code: 3734
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,469
  • Tax Rate Code Area: 710

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 655,639
  • High Value: 766,141
  • Low Value: 545,137

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $472,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Loan Amount: $472,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2041

    Market Valuation

  • Market Total Value: $653,600
  • Market Land Value: $295,000
  • Market Improvement Value: $358,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,640

    Sales

  • Current Sale Contract Date: Oct 02, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Transaction ID: 11660643856
  • Current Sale Price: $518,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-109491
  • Previous Sale Recording Date: Sep 09, 2005
  • Previous Sale Contract Date: Sep 07, 2005
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 11, 2019
  • First Mortgage Loan Amount: $484,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: HYPERION CAPITAL GROUP LLC
  • Previous Mortgage Transaction Date: Sep 09, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $196,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

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Frequently Asked Questions

What neighborhood is 5135 North Minnesota Avenue located in?
The 5135 North Minnesota Avenue is a located in the neighborhood of Overlook in North Portland, Portland.
What is the average sales price for listings in 5135 North Minnesota Avenue?
The average sales price for units in 5135 North Minnesota Avenue is $0 currently.

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