See Home Value
$979,504*
House - Off Market

5243 NE 16TH AVE

Portland, OR 97211
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2806 Sqft
$671,000 - $819,000
Reference Base Price*
31.48%
Since Nov 1, 2019
OR-Portland
Primary Model
Sold Nov 12, 2019
$745,000
$589,850 by First Technology Federal Credi
Mortgage Due May 01, 2052
Sold Apr 01, 2016
$742,000
$417,000 by Premier Mortgage Resources
Mortgage Due May 01, 2046

About This Property

Offer deadline, 10/1 2:30. Check out the facelift of this lovely Alberta Arts Centenarian! 2016 remodel features new kitchen, artisan tiled baths,  plumbing, electrical, windows, & roof.  Modern floor plan boasts open concept living, dining & family rms on main, three bedrooms up & deluxe basement guest ste.  Fenced backyard for gardening & entertaining.  Tandem two-car garage. Just blocks to great schools, parks, & some damn fine BBQ!

The manager has listed the unit size as 2806 square feet.
Unit Size
2,806Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$266
Property Type
House
Property Taxes
$4,396
HOA Dues
-
Year Built
1909

Price History

Date / Event Date Event Price
Nov 12, 2019 Sold to Kokila Mallikarjuna $745,000
Sold to Kokila Mallikarjuna
Oct 4, 2019 No longer available -
No longer available
Sep 27, 2019 Listed $745,000
Listed
Aug 29, 2019 No longer available -
No longer available
Jul 22, 2019 Price Decreased $765,000
↓ $5K (0.7%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Excellent
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 700
  • Garage Type: Attached
  • Garage Square Area: 444
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 3,059
  • Gross Building Area: 3,290
  • Building Area: 2,615
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,615
  • 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 20, LOT 13

Ownership

  • Current Owner : MALLIKARJUNA KOKILA
  • Previous Owner : COTE JOSEPH
  • Previous Owner 2: ABEL KIRSTIN L
  • Owner Before Previous Owner: URBAN RENOVATIONS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R860703950
  • Parcel: R295097
  • Block: 20
  • Lot: 13
  • Meridian: SEC 23 TWN 01N RNG 01E
  • Latitude: 45.561
  • Longitude: -122.649

    Address

  • Full Address: 5243 Ne 16th Ave
  • Address - House Number: 5243
  • Street Direction: NE
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C013
  • 4-Digit Zip Code: 4423
  • Zip Code: 97211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,329
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 897,542
  • High Value: 1,036,645
  • Low Value: 758,440

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $589,850
  • First Open Lien Mortgage Lender: FIRST TECHNOLOGY FEDERAL CREDI
  • First Open Lien Mortgage Recording Date: Apr 15, 2022
  • First Open Lien Mortgage Loan Amount: $589,850
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $908,620
  • Market Land Value: $330,000
  • Market Improvement Value: $578,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,090

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 12, 2019
  • Current Sale Transaction ID: 11677841892
  • Current Sale Price: $745,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-122863
  • Previous Sale Recording Date: Apr 01, 2016
  • Previous Sale Contract Date: Mar 01, 2016
  • Previous Sale Amount: $742,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Mortgage Transaction Date: Nov 12, 2019
  • First Mortgage Loan Amount: $596,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PREMIER MORTGAGE RESOURCES
  • Previous Mortgage Transaction Date: Apr 01, 2016
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
2,440 ft²
$359/ft²
$875,000 Aug 4, 2023
-
$431/mo
House
5 Beds
3 Baths
2,988 ft²
$249/ft²
$745,000 Jun 22, 2023
-
$597/mo
House
3 Beds
2 Baths
3,406 ft²
$235/ft²
$799,000 Dec 7, 2022
-
$283/mo
Multifamily
Stu
-
1,621 ft²
$386/ft²
$625,000 Jul 21, 2023
-
$274/mo
Multifamily
Stu
-
1,621 ft²
$386/ft²
$625,000 Jul 21, 2023
-
$274/mo

About Northeast Coalition of Neighborhoods


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Frequently Asked Questions

When was property at 5243 Northeast 16th Avenue built and last sold?
The property at 5243 Northeast 16th Avenue was built in 1909 and last sold on Nov 8, 2019 for $745,000.
How much is this home worth?
The estimated value of the home located at 5243 Northeast 16th Avenue is $769,262.
What are some comparable homes to 5243 Northeast 16th Avenue?
There are currently no comparable homes to 5243 Northeast 16th Avenue.

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