4505 NE Simpson St
Portland, OR 97218
- 4 beds
- 3 baths
- 3,984 sqft
- 10,018 sqft lot
- $150 per sqft
- 1958 build
- – on site
Discover the potential of this unique ranch-style home situated on a sprawling corner lot in one of Portland’s friendliest communities. Priced under recent appraised value, this spacious 4-bed, 3-bath home offers over two levels of living space ready for you to make your own. With recent updates such as a newer roof, heating system, electrical panel and a 78-gallon water heater, the heavy lifting is done—all that’s left are cosmetic updates to match your style. The expansive lot provides incredible possibilities: create lush garden beds, design an outdoor entertaining oasis or explore options for an ADU. Located within the vibrant Ainsworth Street Collective and bordering the Cully and Concordia neighborhoods, this home is part of a warm, community-focused area with easy access to parks, local shops, restaurants and transportation. Whether you're seeking a place to call home or a prime investment opportunity, this hidden treasure is a must-see. Don’t miss your chance to breathe new life into this one-of-a-kind property! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10221428]
Last checked:
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Last updated Jan 18, 2025
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MLS# 24578372 —
The Building
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Year Built:1958
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New Construction:false
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Architectural Style:Stories1, Ranch
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Roof:Composition
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Stories:2
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Basement:ExteriorEntry,PartialBasement,Unfinished
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Foundation Details:Slab
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Exterior Description:Brick, WoodSiding
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Exterior Features:CoveredPatio, Fenced, Yard
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Accessibility:true
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Accessibility Features:AccessibleApproachwithRamp, AccessibleEntrance, AccessibleFullBath, AccessibleHallway, MainFloorBedroomBath, OneLevel
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Building Area Description:County
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Building Area Total:3984.0
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Building Area Calculated:2370
Interior
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Interior Features:HardwoodFloors, LaminateFlooring, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, WasherDryer, WoodFloors
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Fireplace:true
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Fireplaces Total:2
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Fireplace Features:WoodBurning
Room Dimensions
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Main Level Area Total:2370
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Lower Level Area Total:1614
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:NE 45th Ave and Simpson Street
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Latitude:45.565345
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Longitude:-122.616657
The Property
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Parcel Number:R157491
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Fixer
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Lot Features:CornerLot, Level
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Lot Size Range:SqFt10000to14999
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Lot Size Acres:0.23
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Lot Size SqFt:10018.0
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Zoning:R10
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View:false
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Farm:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (971) 444-5638
- Office phone:
- (503) 228-9801
Taxes
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Tax Year:2024
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Tax Legal Description:ENGLEWOOD PK, BLOCK 2, W 90 5/6' OF S 113.5' OF LOT 4
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Tax Annual Amount:8002.28
Beds
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Bedrooms Total:4
Baths
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Total Baths:3
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Full Baths:3
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Total Baths:3.0
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Total Baths Main Level:2.0
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Total Baths Lower Level:1.0
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Full Baths Main Level:2
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Full Baths Lower Level:1
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:CentralAir,WallUnit
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity
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Water Source:PublicWater
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Fuel Description:Gas
Appliances
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Appliances:BuiltinOven, FreeStandingRefrigerator, Microwave, Pantry, StainlessSteelAppliance
Schools
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Elementary School:Rigler
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Middle Or Junior School:Beaumont
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High School:Leodis McDaniel
The Community
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Subdivision Name:CONCORDIA/FERNHILL PARK
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Senior Community:false
Parking
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Attached Garage:true
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Garage Type:Attached,Oversized
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Garage Spaces:2.0
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Parking Total:2.0
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Parking Features:OffStreet
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RV Parking:RVParking,RVBoatStorage
Monthly cost estimate
Asking price
$600,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,212
|
| Taxes | $666 |
| Insurance | $165 |
| Utilities | $191 See report |
| Total | $4,234/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/16/25
Jan 16, 2025
|
Price Changed | RMLS | $600,000 | 4.3% |
|
11/14/24
Nov 14, 2024
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Listed / Active | RMLS | $575,000 |
32% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $71k over asking price.
