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5816 Necanicum Way

Portland, OR 97229

4 bd 3 ba 3,046 sqft Built 1991 Lot 8,712 sqft single_family
Most recent sale
$785,750
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $785,750 MLS #22388433
Sep 10, 2022 Price changed $799,500 MLS #22388433
Jul 23, 2022 Price changed $799,500 MLS #22388433
Jul 16, 2022 Listed $815,000 MLS #22388433
May 18, 2011 Sold $389,000 MLS #11065129
Feb 23, 2011 Listed $395,000 MLS #11065129
Sep 22, 2010 Listed $399,000 MLS #10076522
Aug 19, 2010 Listed $408,000 MLS #10068016
Jul 21, 2010 Listed $408,000 MLS #10059853
Apr 28, 1993 Sold $210,000 Public Record
Mar 26, 1990 Sold $47,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $386,220 $6,640
2019 $374,980 $6,446
2018 $364,060 $6,177
2017 $353,460 $5,947
2016 $343,170 $5,654
2015 $333,180 $5,448
2014 $323,480 $5,444
2013 $314,060 $5,316
2012 $304,920 $5,129
2011 $296,040 $4,956
2010 $287,420 $4,897
2009 $279,050 $4,730
2008 $270,930 $4,375

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,046 sqft
Lot size
8,712 sqft
ZIP code
97229
City
Portland
Street
Necanicum Way
Coordinates
45.56243, -122.88848

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,092
Gross rental yield
9.30%
Implied cap rate
6.05%
Trend-extrapolated value

Frequently asked questions

When did 5816 Necanicum Way last sell?
5816 Necanicum Way most recently sold on Sep 29, 2022 for $785,750.
What is the current tax assessment for 5816 Necanicum Way?
The most recent total assessment for 5816 Necanicum Way (year 2020) is $386,220 with $6,640 in property tax.
How does 5816 Necanicum Way's assessment compare to its last sale price?
The current assessment is 50.8% below the last sale price of $785,750.
When was 5816 Necanicum Way built?
5816 Necanicum Way was built in 1991.
How does 5816 Necanicum Way compare to others on Necanicum Way?
We track 3 other properties on Necanicum Way. Browse the list under "Other properties on Necanicum Way" to compare beds, baths, and sale history.
What are the property facts for 5816 Necanicum Way?
5816 Necanicum Way is a 4 bed, 3 bath, 3,046 sqft, 8,712 sqft lot single_family.
Is 5816 Necanicum Way a flip candidate?
No — 5816 Necanicum Way does not appear in our flips dataset.
Is 5816 Necanicum Way a tax-appeal candidate?
No — 5816 Necanicum Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.4%
Implied 1-yr
-13.4%
2026 Q3
$717K
2026 Q4
$686.2K
ZIP 97229 — Median Price History + Forecast

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