new - 2 days on rocket

4505 NE Simpson St, Portland, OR, 97218

$575,000

Home List Price

$6,828*

Closing Credit

4 Bedrooms
3 Full Baths
3,984 SqFt
$144/SqFt
House

Location

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4505 NE Simpson St, Portland$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStreet Parking
Attached Garage2 spaces
Year Built1958
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceWood Burning
MLS #24578372
Lot Size0.23 Acres
StatusActive

About 4505 NE Simpson St

Excellent Fixer-Upper on a large corner lot in the most neighborly part of Portland. This spacious 4-bed, 3-bath home is ready for your personal touch to make it your own or prime for an investment property opportunity. The home features an expansive and open layout and two levels of living. The large lot offers endless possibilities—think garden beds, an outdoor entertaining area, or even potential for an ADU. Located within The Ainsworth Street Collective, bordering the Cully and Concordia neighborhoods, this welcoming community draws neighbors together and is close to parks and local shops and restaurants with easy access to public transportation. Don't miss this rare opportunity to bring new life to a property with so much potential. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10221428]

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story, Ranch
  • Year Built: 1958
  • Stories: 2
  • Living Area: 3,984 SqFt

Listing Office:

  • Office Name: Cascade Hasson Sotheby's International Realty
  • Office Phone: (503) 228-9801
  • Listing Agent: Jodi Cvar

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Laundry, Washer/Dryer
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Covered Patio, Fence, Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Street Parking

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: NE 45th Ave and Simpson Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $144/SqFt

Tax Information:

  • Annual Amount: $6,789
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

Med. Sold Price

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

4505 NE Simpson St vs Portland

2 DAYS ON ROCKET

-46 Days

$575,000

+$33.6K More

$144/SqFt

-$172 Less

KEY TAKEAWAY

This property is $33.6K more than the Median Sold Price and $172/SqFt less than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24578372

Listing Office:

  • Office Name: Cascade Hasson Sotheby's International Realty
  • Office Phone: (503) 228-9801
  • Listing Agent: Jodi Cvar

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,789$265,750
2018$6,347$250,500
2017$6,083$243,210

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-324062
5
/10
  • Rigler School

  • 5401 NE Prescott St

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-324063
6
/10
  • Scott Elementary School

  • 6700 NE Prescott St

  • 1.29 miles

  • Public District Grades KG-5

school-card-donut-324064
10
/10
  • Alameda Elementary School

  • 2732 NE Fremont St

  • 1.57 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,295. The most common annual income of people living in Portland, OR is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4505 NE Simpson St

What is the listing price of this property?

The listing price of 4505 NE Simpson St property is $575,000.

What type of property is this?

The property 4505 NE Simpson St is a house located in Portland, Oregon, 97218.

Is this property for sale now?

Active Listing: 4505 NE Simpson St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,789 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4505 NE Simpson St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4505 NE Simpson St is 3,984 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4505 NE Simpson St is 1958.

Rocket Homes›Oregon›Multnomah County›Portland›97218›4505 NE Simpson St

This home is located at 4505 NE Simpson St in Portland, OR and zip code 97218 in the Cully neighborhood. This 3,984 square foot home, which was built in 1958, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $575,000.

Over 298 listings were sold over their listed price in October 2024 in Portland, OR. In the same period over 339 listings were sold below the listed price and 212 listings were sold for the listed price. The number of listings in Portland, OR increased by 4.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $541,309, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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