2 months on rocket

5228 NE Simpson St, Portland, OR, 97218

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
2 Full Baths
2,180 SqFt
$252/SqFt
House

Location

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5228 NE Simpson St, Portland$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Street Parking
Attached Garage1 space
Year Built1926
HeatingBaseboard, Radiant
BasementYes
FireplaceGas Fireplace, Stove
ViewSeasonal View, Territorial, Trees/Woods
MLS #24594368
Lot Size0.32 Acres
StatusActive

About 5228 NE Simpson St

Price ImprovementSpacious Portland Gem with Endless Potential on Oversized LotDiscover a rare opportunity to own a property brimming with charm and possibilities in the heart of Northeast Portland. Nestled on an expansive 0.32-acre lot, this 2,180 sq. ft. home offers space, character, and the perfect canvas for your vision.Step inside to find high ceilings with stunning woodwork that set a warm and inviting tone. The spacious kitchen, complete with an island, offers great potential for open-concept living—ideal for modern lifestyles. The home features two bathrooms, a cozy fireplace, and a large jetted tub to unwind after a long day.Currently a two-bedroom home, there’s ample opportunity to expand to a third bedroom, creating even more value. Additionally, three versatile outbuildings provide abundant storage or the potential for something extraordinary. One outbuilding already has electricity and could be transformed into an ADU for rental income, a guest suite, or even two extra bedrooms.Outdoors, this property truly shines. The large backyard features a generous concrete area—perfect for a basketball court, patio gatherings, or summer barbecues. Surrounding the space are fir trees that offer beauty and shade, along with a delightful assortment of fruit trees: apples, cherries, apricots, and berries.The exterior is where this property truly shines. A long, wide driveway accommodates up to 8 vehicles—parking for two cars side by side and up to five cars deep—making it perfect for hosting guests, parking recreational vehicles, or simply enjoying the convenience of extra space.While the home may need a little TLC, it presents a unique opportunity for buyers to bring their creativity and make it their own. Whether you’re looking to renovate, expand, or enjoy the property as-is, this is a must-see for anyone seeking a home with character, space, and limitless potential.Don’t miss out—schedule your showing today and imagine the possibilities!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story, Timber Frame
  • Year Built: 1926
  • Stories: 2
  • Living Area: 2,180 SqFt

Listing Office:

  • Office Name: Keller Williams Premier Partners
  • Office Email: ourlegacyventures@gmail.com
  • Listing Agent: Asperlando Josias

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Fireplace: Gas Fireplace, Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Seasonal View, Territorial, Trees/Woods

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway, Street Parking

Lot Features

Lot Information:

  • Lot: Cleared, Level, Trees
  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Radiant

Other

Directions Information:

  • Directions: NE 42nd to NE Simpson St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $252/SqFt

Tax Information:

  • Annual Amount: $7,030
  • Tax Year: 2020
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Housing Market Comparison

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

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Portland, OR

City

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

5228 NE Simpson St vs Portland

82 DAYS ON ROCKET

+28 Days

$550,000

+$7.6K More

$252/SqFt

-$64 Less

KEY TAKEAWAY

This property is $7.6K more than the Median Sold Price and $64/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: #24594368

Listing Office:

  • Office Name: Keller Williams Premier Partners
  • Office Email: ourlegacyventures@gmail.com
  • Listing Agent: Asperlando Josias

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: 12/23/2024, 6:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 30, 1998Home Sold
$44,000
Dec 16, 1997Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,030$275,170
2018$6,572$259,380
2017$6,299$251,830

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-1150803
5
/10

  • Rigler School

  • 5401 NE Prescott St

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-1150804
6
/10

  • Scott Elementary School

  • 6700 NE Prescott St

  • 0.95 miles

  • Public District Grades KG-5

school-card-donut-1150805
7
/10

  • Rose City Park Elementary School

  • 2334 NE 57th Ave

  • 1.76 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,295. The majority of Portland, OR residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5228 NE Simpson St

What is the listing price of this property?

The listing price of 5228 NE Simpson St property is $550,000.

What type of property is this?

The property 5228 NE Simpson St is a house located in Portland, Oregon, 97218.

Is this property for sale now?

Active Listing: 5228 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 $7,030 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 30, 1998 for $44,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5228 NE Simpson St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5228 NE Simpson St is 2,180 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5228 NE Simpson St is 1926.

Rocket Homes›Oregon›Multnomah County›Portland›97218›5228 NE Simpson St

This home is located at 5228 NE Simpson St in Portland, OR and zip code 97218 in the Killingsworth Gardens neighborhood. This 2,180 square foot home, which was built in 1926, sits on a 0.32 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $550,000.

Portland, OR housing market in November 2024 saw over 253 listings sold above listed price, more than 166 sold at listed price and over 320 sold below. The number of homes for sale in Portland, OR decreased by 11.9% between October 2024 and November 2024. In November 2024 median list price was $542,392 and the average listing age was 54 days.

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

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