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Oregon
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King
1/15
507 NE JESSUP
Multi Family Pending Sale
$700,000
507 NE JESSUP 
Portland, OR 97211
2/15
507 NE JESSUP
3/15
507 NE JESSUP
4/15
507 NE JESSUP
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Listing courtesy of Cascade Hasson Sotheby?s International Realty

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507 NE JESSUP

$700,000
King
Portland, OR 97211
Multi Family Pending Sale On ZeroDown for 1 year
All About The Home

Highlights

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Can I walk to public transit?
NE M L King & Prescott (TriMet) station is within walking distance
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Where's the nearest hospital?
5 hospitals at a driving distance of 10 mins.
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Anything historic nearby?
This house is near Clovelly Garden Apartments, a place on the National Registry of Historic Places.
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Nearby public transit?
Public transit in King is provided by TriMet, with 17 TriMet bus stops
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Where's the nearest urgent care?
2 urgent care centers at a driving distance of 10 mins.
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How's the air quality?
The air quality in King was moderate last year, with 8 days when the Air Quality Index exceeded 100.
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Is the internet fast here?
Broadband internet connection options in King include wireline, DOCSIS, Asymmetrical xDSL, ADSL, fiber, terrestrial fixed wireless, VDSL, and satellite from 12 different providers. Aside from optic fiber which provides Gbps speeds, you can get speeds of up to 987 Mbps via DOCSIS from Comcast.
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Is this a hot market?
3 homes were listed for sale this month in King. This is 62% lower compared to last month and 67% lower compared to the same time last year.
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How did my neighbors vote in 2020?
This home is in a precinct that voted for Joe Biden in 2020, who took 93% of the 9477 votes cast.
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How's this area's market?
There aren't too many bidding wars right now in King, with homes selling 3% above asking price over the last three months.
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Is there flood risk?
This home is in flood zone X which is low risk. Flood insurance is available for properties in this zone, but is not required.
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Is there a park nearby?
This home is located near Northeast Ainsworth Blocks.
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Are there many restaurants nearby?
You can get takeout tacos from ¿Por Qué No? or Angel's Taqueria or burgers from Anchor Bar or PDX Sliders in King. If you'd rather sit down, check out Either/Or, Anchor Bar, or Pizza Jerk.
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How often do homes sell?
13 homes were sold in King this month, which is 8% higher than last month and 62% higher than last year.
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Is the area walkable?
King has a walk score of 91, a bike score of 97, and a transit score of 50. This neighborhood is highly walkable, with daily errands easily accomplished on foot.
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Is the area noisy?
Ambient noise level around this home is 60 - 70 dBA, classified as loud - safe for any time period. Sounds like conversational speech.
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Do people here tend to rent or own?
52% of homes in King are renter-occupied with an average household size of 2.4 members.
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Who would be my member of congress?
This house is in Oregon's 3rd Congressional District which is represented by Earl Blumenauer (D).
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Is there access to EV charging?
There is an electric vehicle charging location in King with a total of 2 level 2 chargers.
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Where's the nearest grocery store?
3 grocery stores at a driving distance of 10 mins.
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Is there earthquake risk?
In the event of a large earthquake, the perceived shaking in the area is expected to be strong and the potential damage is expected to be light.
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Do homes stay on the market long?
Average days on market for homes in this area was 64 days this month, 64 days last month and 64 days last year.
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Can I get groceries delivered?
Grocery delivery available from 18 stores including Costco, Safeway, QFC, CVS Pharmacy® and Natural Grocers. Powered by Instacart.
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Can I satisfy my sweet tooth nearby?
Dessert shops like Angel's Donuts & Ice Cream, Seastar Bakery, and Petite Provence of Alberta are great options in King for satisfying your sweet tooth.
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Education levels?
94.8% of adults in King have completed high school, which is 5.0% higher than the national average.
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What's the closest freeway?
King is close to freeways like I-5 and I-405.
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Is the sky clear at night?
Expect bright, urban-like night skies and high light pollution, washed-out greyish, yellowish sky backgrounds, and easily recognizable brighter constellations but a totally or nearly invisible Milky Way.
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What else is for sale here?
The total number of homes for sale in King is 8, which is 20% lower than it was at the same time a year ago.
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How are the transit options?
More than 47% of commuters drive to work alone in King.

The Basics

About
7,100 square foot lot zoned RM1. Possibly up to 18 units. Buyer to verify. The value is in the land, but the house is 3 bedroom/1.5 bathroom with a really large family room. Strategically located within walking distance to restaurants and shops. Beautiful new construction buildings across the street. This is the perfect site for a close-in apartment building.
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Property Facts
Status
Pending
Style
Multi Family, Land
MLS #
21609462
Community
Portland, OR
lot_size
7,000 to 9,999 SqFt
Property Type
Land, Multi Family
County
Multnomah
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Virtual Tour, Parking, School, Utilities and Taxes

School Information

Middle or Junior School Name:
Harriet Tubman
High School Name:
Jefferson
Elementary School Name:
MartinL King Jr

Tax Information

Tax Amount NCM:
$3,690.78
Tax Year:
2020
Tax Legal Description:
CLOVERDALE TR, BLOCK 3, LOT 6&21
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Property / Lot Information

Lot Information

Road Surface:
Concrete, Paved
Features:
Light Rail
View:
Territorial

Property Information

Legal Description:
CLOVERDALE TR, BLOCK 3, LOT 6&21
Zoning:
RM1
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Location Details

Location Information

Directions:
MLK/East on Jessup Street
Listed by: Jim McCartan
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Brokerage: Cascade Hasson Sotheby?s International Realty
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MLS#: 21609462
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Source: RMLS
Details provided by RMLS and may not match the public record.

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