See Home Value
Portland 97211 Humboldt
5531 NE CLEVELAND AVE
$756,170*
House - Off Market

5531 NE CLEVELAND AVE

Portland, OR 97211
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3408 Sqft
$693,000 - $845,000
Reference Base Price*
-1.67%
Since Nov 1, 2022
OR-Portland
Primary Model
Sold May 25, 2016
$500,000
$493,500 by Caliber Home Loans Inc
Mortgage Due Mar 01, 2051

About This Property

Walk to shops, restaurants & PCC-Cascade Campus. Nicely restored OLD PORTLAND STYLE HOME on a larger lot. New Kitchen cabinets, Stainless Steel Appliances & Quartz Counters. Baths have new fixtures w claw foot tub & Tile floors. Newer paint and roof. There is enough room for an ADU. Scores: Walk=88, Bike=94. Low taxes! Don't miss this charming house. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10061452]

The manager has listed the unit size as 3408 square feet.
Unit Size
3,408Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$226
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1907

Price History

Date / Event Date Event Price
Oct 6, 2022 No longer available -
No longer available
Jul 3, 2022 Price Decreased $769,000
↓ $21K (2.7%)
Price Decreased
Jun 15, 2022 Listed $789,900
Listed
Jan 15, 2022 No longer available -
No longer available
Jan 14, 2022 Price Decreased $789,900
↓ $30K (3.7%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Style: Unknown
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 988
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,500
  • Total Building Area: 3,408
  • Gross Building Area: 3,408
  • Building Area: 2,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,420
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PIEDMONT
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PIEDMONT, BLOCK 5, LOT 2-4 TL 18300

Ownership

  • Current Owner : MACPHERSON BRUCE
  • Current Owner 2: WALKER MACPHERSON CATHLEEN
  • Previous Owner : HIGGS DAVID L
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003702

Zoning

  • Zoning: R5

Geography

  • Account Number: R657800610
  • Parcel: R243161
  • Block: 5
  • Lot: 2-4
  • Meridian: SEC 15 TWN 01N RNG 01E
  • Latitude: 45.5632
  • Longitude: -122.666

    Address

  • Full Address: 5531 Ne Cleveland Ave
  • Address - House Number: 5531
  • Street Direction: NE
  • Address - Street Name: Cleveland
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C011
  • 4-Digit Zip Code: 2501
  • Zip Code: 97211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,453
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.0641
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 97
  • Final Value: 752,995
  • High Value: 801,319
  • Low Value: 704,671

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $564,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 09, 2021
  • First Open Lien Mortgage Loan Amount: $493,500
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: BANNER BANK
  • Second Open Lien Mortgage Recording Date: Feb 09, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $70,500
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 04, 2046

    Market Valuation

  • Market Total Value: $840,470
  • Market Land Value: $358,750
  • Market Improvement Value: $481,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,530

    Sales

  • Current Sale Contract Date: May 20, 2016
  • Current Sale Recording Date: May 25, 2016
  • Current Sale Transaction ID: 1548140719
  • Current Sale Price: $500,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 2016-063963

    Last Sale Mortgage

  • First Mortgage Lender: INLAND CAPITAL LLC
  • First Mortgage Transaction Date: May 25, 2016
  • First Mortgage Loan Amount: $468,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
2,992 ft²
$292/ft²
$875,000 Mar 1, 2023
-
$446/mo
House
3 Beds
2.5 Baths
2,173 ft²
$338/ft²
$734,900 Jan 25, 2023
-
$2,069/mo
Townhouse
3 Beds
3.5 Baths
2,558 ft²
$313/ft²
$799,900 Mar 2, 2023
-
$1,465/mo
Other
Loft
-
2,244 ft²
$334/ft²
$749,900 Mar 3, 2023
-
$1,756/mo

About Northeast Coalition of Neighborhoods


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Frequently Asked Questions

When was property at 5531 Northeast Cleveland Avenue built and last sold?
The property at 5531 Northeast Cleveland Avenue was built in 1907 and last sold on May 20, 2016 for $500,000.
How much is this home worth?
The estimated value of the home located at 5531 Northeast Cleveland Avenue is $803,073.
What are some comparable homes to 5531 Northeast Cleveland Avenue?
There are currently no comparable homes to 5531 Northeast Cleveland Avenue.

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