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5536 North Maryland Avenue

5536 North Maryland Avenue, Portland, OR 97217
Multifamily in Overlook
Sold Jul 15, 2019
$1,150,000
$765,000 by Umpqua Bank
Mortgage Due Aug 01, 2049
Sold Feb 29, 2016
$785,000
$585,000 by Pacific Continental Bank
Mortgage Due Mar 01, 2026
5536 North Maryland Avenue in Portland, OR was first built in 1941 and is 83 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 5536 North Maryland Avenue has 3,743 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,000 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a sawtooth style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 721 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. As for heating, the home is utilizing a hot water heating 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, 5536 North Maryland Avenue was last sold in Jul 15, 2019 for $1,150,000. According to our calculations, that's $209.17 per sqft. Prior to that sales transaction, the property was sold for $785,000 in Feb 26, 2016. Current property owners are expected to pay $7,288 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 5536 North Maryland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $275,030. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

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

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 6
  • Basement Type: Unfinished basement
  • Basement Area: 1,034
  • Garage Type: Attached
  • Garage Square Area: 721
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 5,498
  • Gross Building Area: 5,498
  • Building Area: 3,743
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,743
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH ALBINA
  • Land Acres: 0.23
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: NORTH ALBINA, BLOCK 2, LOT 1&2

Ownership

  • Current Owner : NOPO KNIGHT LLC
  • Previous Owner : LAUREL STREET MANAGEMENT LLC
  • Owner Before Previous Owner: CULLEN JEANNE M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003803

Zoning

  • Zoning: RM3

Geography

  • Account Number: R610300090
  • Parcel: R226116
  • Block: 2
  • Lot: 1,2
  • Meridian: SEC 15 TWN 01N RNG 01E
  • Latitude: 45.5631
  • Longitude: -122.681

    Address

  • Full Address: 5536 N Maryland Ave
  • Address - House Number: 5536
  • Street Direction: N
  • Address - Street Name: Maryland
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C036
  • 4-Digit Zip Code: 4564
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,288
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 710

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 55
  • Final Value: 240,632
  • High Value: 294,383
  • Low Value: 186,880

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $765,000
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: Jul 15, 2019
  • First Open Lien Mortgage Loan Amount: $765,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $1,335,320
  • Market Land Value: $1,000,000
  • Market Improvement Value: $335,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,030

    Sales

  • Current Sale Contract Date: Jul 15, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Transaction ID: 11621540332
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-072119
  • Previous Sale Recording Date: Feb 29, 2016
  • Previous Sale Contract Date: Feb 26, 2016
  • Previous Sale Amount: $785,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Jul 15, 2019
  • First Mortgage Loan Amount: $765,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC CONTINENTAL BANK
  • Previous Mortgage Transaction Date: Feb 29, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $585,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Mar 01, 2026

About North Portland



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Frequently Asked Questions

What neighborhood is 5536 North Maryland Avenue located in?
The 5536 North Maryland Avenue is a multifamily located in the neighborhood of Overlook in North Portland, Portland.
What is the average sales price for listings in 5536 North Maryland Avenue?
The average sales price for units in 5536 North Maryland Avenue is $1,150,000 , or $209/sqft. currently.

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