5551 Cascade Hwy
Sublimity, OR 97385
4 bd 4 ba 5,479 sqft Built 2005 Lot 416,434 sqft single_family
Most recent sale
$1,350,000
Jun 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2023 | Sold | $1,250,000 | RMLS |
| Jun 1, 2023 | Price changed | $1,345,000 | Willamette |
| Apr 27, 2023 | Price changed | $1,395,000 | Willamette |
| Nov 17, 2022 | Listed | $1,500,000 | Willamette |
| Jun 2, 2022 | Sold | $1,350,000 | MLS #21583957 |
| Apr 20, 2022 | Sold | $1,350,000 | Public Record |
| Sep 5, 2021 | Listed | $1,500,000 | MLS #21583957 |
| Sep 2, 2021 | Listed | $1,500,000 | MLS #783082 |
| Dec 29, 1988 | Sold | $365,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $702,216 | $8,567 |
| 2024 | — | — | $681,892 | $8,315 |
| 2023 | — | — | $659,612 | $7,824 |
| 2022 | — | — | $640,747 | $7,635 |
| 2021 | — | — | $621,090 | $7,441 |
| 2020 | — | — | $603,310 | $7,236 |
| 2019 | — | — | $586,040 | $7,084 |
| 2018 | — | — | $568,120 | $7,143 |
| 2017 | — | — | $551,850 | $6,940 |
| 2016 | — | — | $535,770 | $6,756 |
| 2015 | — | — | $566,840 | $7,175 |
| 2014 | — | — | $550,410 | $6,939 |
| 2013 | — | — | $521,590 | $6,611 |
| 2012 | — | — | $507,250 | $6,488 |
| 2011 | — | — | $489,970 | $6,200 |
| 2010 | — | — | $476,910 | $5,994 |
| 2009 | — | — | $470,280 | $5,705 |
| 2008 | — | — | $456,710 | $5,705 |
| 2007 | — | — | $413,390 | $5,243 |
Property facts
Year built
2005
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
5,479 sqft
Lot size
416,434 sqft
ZIP code
97385
City
Sublimity
Street
Cascade Hwy
Coordinates
44.87871, -122.79578
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$10,958
Gross rental yield
9.74%
Implied cap rate
6.33%
Trend-extrapolated value
—
Frequently asked questions
When did 5551 Cascade Hwy last sell?
5551 Cascade Hwy most recently sold on Jun 2, 2022 for $1,350,000.
What is the current tax assessment for 5551 Cascade Hwy?
The most recent total assessment for 5551 Cascade Hwy (year 2025) is $702,216 with $8,567 in property tax.
How does 5551 Cascade Hwy's assessment compare to its last sale price?
The current assessment is 48.0% below the last sale price of $1,350,000.
When was 5551 Cascade Hwy built?
5551 Cascade Hwy was built in 2005.
How does 5551 Cascade Hwy compare to others on Cascade Hwy?
We track 6 other properties on Cascade Hwy. Browse the list under "Other properties on Cascade Hwy" to compare beds, baths, and sale history.
What are the property facts for 5551 Cascade Hwy?
5551 Cascade Hwy is a 4 bed, 4 bath, 5,479 sqft, 416,434 sqft lot single_family.
Is 5551 Cascade Hwy a flip candidate?
No — 5551 Cascade Hwy does not appear in our flips dataset.
Is 5551 Cascade Hwy a tax-appeal candidate?
No — 5551 Cascade Hwy is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$592K
2026 Q4
$591.9K
ZIP 97385 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cascade Hwy