5105 SE REX DR Portland 97206

1 bed / 2.0 baths | 620 sq ft

Sunny cottage sits on 1/4 acre of south facing, terraced land ideal for urban farming. Existing land has rich native soil, organic gardens, fruit trees, flowers, grapes, and more all within minutes of markets, schools, parks, restaurants, golf, and more. Detached shop w/ upper studio, tool shed, and firepit create a feeling of rural serenity right here in the city. Property sold as-is. Appointment required to access property. DND tenant. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10206640]

Phone: 503-282-5572

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Daily 97206 Housing Report

Basics:

List Price: $365,000
Listing Status: Sold
Days on Market: 128 days (Listed on 12-07-2022)
MLS Number: 22120906

Original List Price: $370,000

Previous List Price: $357,500

Terms: Cash, Conventional

Terms of Sale: Conventional

Price Per Square Foot: $589

Sold Price Per Square Foot: $405

Closing Price: $361,000

Date Closed: 2023-04-12

Short Sale Y/N: No

Third Party Approval Y/N: No

Bank Owned (Foreclosure) Y/N: No

Schools & Location:

Street Address: 5105 SE REX DR Portland 97206
Elementary School: Lewis
Middle School: Sellwood
High School: Cleveland

County: Multnomah

Area: _143

Latitude: 45.467185000000

Longitude: -122.611083000000

Interior Details:

Calculated Square Footage: 620, Source:

Bedrooms & Bathrooms: 1 / 2.0

Gross Building Square Footage Approximate: 10890.0

Approximate Total Square Footage: 892.0

Property Taxes, Zoning, HOA & CCR's:

Property Tax Amount: 3,201
HOA Y/N, Fees: No, $ /

CC&R's Y/N (Covenants Conditions & Restrictions): No

Other Disclosures: Disclosure

Zoning: R5

Tax ID #1: R158030, ,

Lot Details:

Lot Size: 10,000 to 14,999 SqFt (10890 sq ft)
Acres: 0.25
View: Trees Woods, Valley

Property Type: Single Family Residence

Property Category: Residential

Lot Dimensions: ~ 93 x 123

Roof Description: Composition

Parking Description: Driveway, Off Street

Subdivision: BRENTWOOD - DARLINGTON

Utilities:

Heating: Baseboard, Electricity
Hot Water: Electricity
Water & Sewer: Public Water Water, Public Sewer

Green Energy Y/N: Yes

Construction:

Style: Cottage
Stories: 1
Exterior Description: Wood Siding
Exterior Features: Deck, Fire Pit, Outbuilding, Tool Shed, Workshop, Yard

Parking Spaces: 0

Garage Type: Converted

Property Type: Residential, Single Family Residence

Year Built: 1938 /

Data Courtesy of: Regional Multiple Listing Service, Inc. | Listing Office: Inhabit Real Estate

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Daily 97206 Housing Market Update for Mar 27th, 2023

As of Monday, Mar 27th, 2023, in 97206 there are a total of 45 active residential homes for sale, 22 pending listings and 50 properties sold in the most recent 30 day period. The average list price for all active residential listings in 97206 is $498,939, while the average asking price for properties new on market in the last 30 days is $502,698. Residential homes for sale in 97206 sold at an average price of $477,003 while newly listed properties came in higher on average, at $502,698.

New listings in 97206 are outpacing sold properties. For the most recent 30 day period, 50 properties sold and 65 came on the market. In summary, new listings outpaced sales by 15. As a point of reference, in the month prior, there were 51 sold 97206 residential listings while 40 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 22) because an increase in pending sales may offset an increase in new listing inventory.

*A zero result on the above 97206 graph means that no properties sold in the respective price range during the month indicated.