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1218 North Simpson Street

1218 North Simpson Street, Portland, OR 97217
House in Overlook
Sold Oct 10, 2019
$462,000
$415,603 by Academy Mortgage Corp
Mortgage Due Jul 01, 2031
Sold Jun 09, 2017
$450,000
$424,100 by Mortgage Express Llc
Mortgage Due Jul 01, 2047
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The property has no active listings. Please see other similar options below.
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Unit for sale at 5734 N MONTANA AVE 1, Portland, OR 97217

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Unit for sale at 1515 N SIMPSON ST, Portland, OR 97217

$4,799,900

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1515 N SIMPSON ST, Portland, OR 97217 Listing by Darryl Bodle

Local assessors in Portland, OR have categorized 1218 North Simpson Street as a residential type of property. The home was built in 1912 and is 112 years old. The property's lot size has been calculated to be 2,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1218 North Simpson Street has a total of 720 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a bowstring truss style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1218 North Simpson Street sold most recently in Oct 9, 2019 for a total of $462,000. If you work out the math, that's approximately a cost of $412.50 per sqft. Before that, the property was also sold for $450,000 in Jun 5, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,541 in taxes each year. 1218 North Simpson Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $133,610. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Cedar Siding

Driveway

Driveway

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 400
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,500
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 720
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH ALBINA
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH ALBINA, BLOCK 18, W 50 OF LOT 8

Ownership

  • Current Owner : POTTER PHILLIP R
  • Current Owner 2: SANCHEZ CARI A
  • Previous Owner : STATON SMITH LAUREL
  • Owner Before Previous Owner: CAIN SARAH K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003803

Zoning

  • Zoning: RM3

Geography

  • Account Number: R610301660
  • Parcel: R226226
  • Block: 18
  • Lot: 8
  • Meridian: SEC 15 TWN 01N RNG 01E
  • Latitude: 45.5654
  • Longitude: -122.68

    Address

  • Full Address: 1218 N Simpson St
  • Address - House Number: 1218
  • Street Direction: N
  • Address - Street Name: Simpson
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C036
  • 4-Digit Zip Code: 4664
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,541
  • Tax Rate Code Area: 710

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 507,638
  • High Value: 592,990
  • Low Value: 422,286

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $415,603
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 02, 2021
  • First Open Lien Mortgage Loan Amount: $415,603
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2031

    Market Valuation

  • Market Total Value: $490,520
  • Market Land Value: $250,500
  • Market Improvement Value: $240,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,610

    Sales

  • Current Sale Contract Date: Oct 09, 2019
  • Current Sale Recording Date: Oct 10, 2019
  • Current Sale Transaction ID: 11659657542
  • Current Sale Price: $462,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-109099
  • Previous Sale Recording Date: Jun 09, 2017
  • Previous Sale Contract Date: Jun 05, 2017
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC RESIDENTIAL MORTGAGE L
  • First Mortgage Transaction Date: Oct 10, 2019
  • First Mortgage Loan Amount: $415,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE EXPRESS LLC
  • Previous Mortgage Transaction Date: Jun 09, 2017
  • Previous Mortgage Loan Amount: $424,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 1218 North Simpson Street located in?
The 1218 North Simpson Street is a house located in the neighborhood of Overlook in North Portland, Portland.
What is the average sales price for listings in 1218 North Simpson Street?
The average sales price for units in 1218 North Simpson Street is $0 currently.

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