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5733 Northeast Martin Luther King Jr Boulevard

5733 Northeast Martin Luther King Jr Boulevard, Portland, OR 97211
Property in King
5733 Northeast Martin Luther King Jr Boulevard in Portland, OR was first built in 1995 and is 29 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a Cape Cod style. It is a single story home. 5733 Northeast Martin Luther King Jr Boulevard has 2,832 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 16,080 square feet.

Learn more about the property and building on this page. The home has a sawtooth style roof made of asphalt and ply sheets in a built-up roof style. For those who need parking, there is a garage. There are a total of 29 available parking spaces. The property was last sold in Sep 26, 2023 for $2,600,000. That's $918.08 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2020 for $1,050,000. 5733 Northeast Martin Luther King Jr Boulevard was last assessed in 2023. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $0. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Cape Cod
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 29

    Dimensions

  • Lot Size Square Feet: 16,080
  • Total Building Area: 2,832
  • Gross Building Area: 2,832
  • Building Area: 2,832
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,832
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: PIEDMONT
  • Land Acres: 0.369
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: PIEDMONT, BLOCK 20, INC STRIP 20 WIDE E OF & ADJ LOT 3 EXC S 16, INC STRIP 20 WIDE E OF & ADJ LOT 4&5, POTENTIAL ADDITIONAL TAX

Ownership

  • Current Owner : OUR STREETS
  • Previous Owner : 5733 MLK LLC
  • Owner Before Previous Owner: PDC REDEVELOPMENT LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

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

Zoning

  • Zoning: CGDH

Geography

  • Account Number: R657802910
  • Parcel: R243348
  • Block: 20
  • Lot: 3
  • Meridian: SEC 15 TWN 01N RNG 01E
  • Latitude: 45.5644
  • Longitude: -122.662

    Address

  • Full Address: 5733 Ne M L King Blvd
  • Address - House Number: 5733
  • Street Direction: NE
  • Address - Street Name: M L King
  • Address - Suffix Type: Blvd
  • State: OR
  • City Name: Portland
  • Carrier Code: C011
  • 4-Digit Zip Code: 3115
  • Zip Code: 97211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 710

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,755,000
  • First Open Lien Mortgage Lender: HOUSING AND COMMUNITY SERVICES
  • First Open Lien Mortgage Recording Date: Sep 28, 2023
  • First Open Lien Mortgage Loan Amount: $1,755,000
  • First Open Lien Mortgage Term: 95
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Sep 30, 2031

    Market Valuation

  • Market Total Value: $1,093,330
  • Market Land Value: $556,650
  • Market Improvement Value: $536,680

    Assessments Valuation

  • Assessed Year: 2023

    Sales

  • Current Sale Contract Date: Sep 26, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Transaction ID: 11913623691
  • Current Sale Price: $2,600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 60648
  • Previous Sale Recording Date: Nov 30, 2020
  • Previous Sale Contract Date: Nov 30, 2020
  • Previous Sale Amount: $1,050,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOUSING AND COMMUNITY SERVICES
  • First Mortgage Transaction Date: Sep 28, 2023
  • First Mortgage Loan Amount: $1,755,000
  • First Mortgage Terms: 95
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 30, 2031
  • Second Mortgage Lender: 5733 MLK LLC
  • Second Mortgage Transaction Date: Sep 28, 2023
  • Second Mortgage Loan Amount: $865,000
  • Second Mortgage Terms: 8
  • Second Mortgage Loan Due Date: Sep 28, 2031

    Previous Mortgages

  • Previous Mortgage Lender: FRANK SCHMIDAUER
  • Previous Mortgage Transaction Date: Nov 30, 2020
  • Previous Mortgage Loan Amount: $1,050,000
  • Previous Mortgage Term: 373
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2052

About Northeast Coalition of Neighborhoods



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Frequently Asked Questions

What neighborhood is 5733 Northeast Martin Luther King Jr Boulevard located in?
The 5733 Northeast Martin Luther King Jr Boulevard is a located in the neighborhood of King in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 5733 Northeast Martin Luther King Jr Boulevard?
The average sales price for units in 5733 Northeast Martin Luther King Jr Boulevard is $0 currently.

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