Car-Dependent

5202 RINEARSON RD

Gladstone, OR 97027


$549,999

Open House Dates

RESIDENTIAL
4 Beds
2.1 Baths
3,477 sqft
MLS
18457462
Awesome opportunity in Gladstone. Over 1.3 acres zoned for multifamily and on a dividable lot. The possibilities are endless! Build a duplex or apartments, or restore the original home and live on a private wooded lot with a creek. This property is an investors dream.
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Property Details
Price
$549,999
Sub Type
Single Family Residence
Bedrooms
4
bathrooms
2.1
Square Feet
3,477
Style
Farmhouse
Levels
3
Year Built
1941
Acres
1.32
Garage Spaces
2
Garage Type
Detached, Oversized
Location
County:
Clackamas
Status:
Active
Estimated Taxes:
$4,162
Listing Office:
Keller Williams-PDX Central
Listing Last Updated:
May 10, 2018 10:20 AM
Schools
Elementary
Candy Lane
Middle
Ogden
High
Oregon City

 Interior
Interior
Heating
Forced Air
Fuel
Gas
Hot Water
Gas
Master Bedroom
Main
Basement
Daylight
Fireplaces
2
Fireplaces Description
Wood Burning
Features
Ceiling Fan(s)
Hardwood Floors
Tile Floor
Kitchen
Dishwasher
Disposal
Gas Appliances
Tile
Free-Standing Refrigerator
Dining Room
Hardwood Floors
Living Room
Ceiling Fan(s)
Fireplace
Hardwood Floors
family Room
Deck
Fireplace

 Exterior
Exterior
Roof Type
Composition
Features
Porch
Security Lights
Siding
Vinyl Siding

 Lot & Land
Lot & Land
Acres
1.32
Sewer
Public Sewer
Waterfront description
Creek
Water
Public
View
Terrain
Creek/Stream
Trees/Woods
lot description
Level
Private
Trees


Select a Point of Interest and Radius from the form above.

Gladstone


Founded at the confluence of the Willamette and Clackamas Rivers, Gladstone is surrounded by water on three sides. Prior to European settlement, several Native American groups resided in this area. This community has a small town ambiance, with a modest downtown area and wonderful public parks.

 

VIBE AND STYLE 

Homes from the postwar era line the streets for blocks inland up from the Clackamas River. Ranch style homes, spacious split-levels, and contemporary homes are found north of downtown in neighborhoods with numerous cul-de-sacs. If you continue up the ridge into Ridgegate and other woody neighborhoods, one can find 1970s-era contemporary homes bordering the windy streets. 

 

LOCAL SCENE

Gladstone is a quaint residential community with numerous parks and its own school district with one elementary, middle, and high school.  Residents largely require cars or use public transportation for shopping or dinning options since the residential neighborhoods are separated from the commercial districts.

The town’s biggest annual festival, the Gladstone Community Festival, typically occurs during the first week of August at the Max Patterson Park. The festival features live music, numerous food vendors, a parade, car show and interactive games. This tradition began as the Chautauqua Festival in 1894 and continues to bring the community together each summer.

 

OUTDOOR SANCTUARY 

With the Clackamas and Willamette Rivers bordering Gladstone, there are many outdoor activities to take advantage of. High Rocks Park is located on the Clackamas River in the 82nd Drive Commercial area. Fishermen use this park year-round and swimmers flock here during the summer to jump off the popular high rocks into the river below. Starting on Memorial Day and continuing through Labor Day, a lifeguard program monitors this swimming destination to maximize safety among visitors.

Max Patterson Park is another option for residents who wish to cool off during the summer. The interactive spray park features circulate chlorinated water for kids to run through and play in.

Meldrum Bar Park offers visitors year-round amenities such as covered picnic shelters, community gardens, a twelve acre sports field complex with four soccer fields, five softball/baseball fields, and paved pathways for cycling, running or walking. 



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


24 Listings  |  1.65 mi. Radius  |   within 10% of Listing Price
  • Active
  • Pending
  • Open House

Listing Courtesy of

Keller Williams-PDX Central

The 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 brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: May 10, 2018 10:20 AM

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