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5318 Northeast 16th Avenue

5318 Northeast 16th Avenue, Portland, OR 97211
House in Vernon
Sold Oct 28, 2019
$418,000
$384,560 by Better Mortgage Corporation
Mortgage Due Nov 01, 2049
Sold Mar 11, 2011
$231,450
$224,169 by Pinnacle Capital Mortgage Corp
Mortgage Due Apr 01, 2041
5318 Northeast 16th 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 1997 and is 27 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 5318 Northeast 16th Avenue has 1,056 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 3,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 220 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of metal. 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 gas. 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. 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, 5318 Northeast 16th Avenue was last sold in Oct 25, 2019 for $418,000. According to our calculations, that's $327.59 per sqft. Prior to that sales transaction, the property was sold for $231,450 in Mar 10, 2011. Current property owners are expected to pay $4,026 in taxes per year. The property on 5318 Northeast 16th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $151,940. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,400
  • Total Building Area: 1,276
  • Gross Building Area: 1,346
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VERNON
  • Land Acres: 0.078
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VERNON, BLOCK 4, LOT 9

Ownership

  • Current Owner : SULLIVAN KEVIN W
  • Previous Owner : GUERARD JOSHUA A
  • Owner Before Previous Owner: LEOPOLD STEFAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R860700680
  • Parcel: R294872
  • Block: 4
  • Lot: 9
  • Meridian: SEC 23 TWN 01N RNG 01E
  • Latitude: 45.5619
  • Longitude: -122.648

    Address

  • Full Address: 5318 Ne 16th Ave
  • Address - House Number: 5318
  • Street Direction: NE
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C013
  • 4-Digit Zip Code: 4910
  • Zip Code: 97211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,026
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 523,227
  • High Value: 611,816
  • Low Value: 434,638

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $384,560
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Oct 28, 2019
  • First Open Lien Mortgage Loan Amount: $384,560
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $489,730
  • Market Land Value: $296,000
  • Market Improvement Value: $193,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,940

    Sales

  • Current Sale Contract Date: Oct 25, 2019
  • Current Sale Recording Date: Oct 28, 2019
  • Current Sale Transaction ID: 11664616338
  • Current Sale Price: $418,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-116537
  • Previous Sale Recording Date: Mar 11, 2011
  • Previous Sale Contract Date: Mar 10, 2011
  • Previous Sale Amount: $231,450
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Oct 28, 2019
  • First Mortgage Loan Amount: $384,560
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE CAPITAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 11, 2011
  • Previous Mortgage Loan Amount: $224,169
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2041

About Northeast Coalition of Neighborhoods



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Frequently Asked Questions

What neighborhood is 5318 Northeast 16th Avenue located in?
The 5318 Northeast 16th Avenue is a house located in the neighborhood of Vernon in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 5318 Northeast 16th Avenue?
The average sales price for units in 5318 Northeast 16th Avenue is $0 currently.

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