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12320 Northeast Brazee Street

12320 Northeast Brazee Street, Portland, OR 97230
Property in Russell
Sold Jul 30, 2020
$327,000
$227,000 by Onpoint Community Cu
Mortgage Due Aug 01, 2050
Sold Sep 11, 2002
$159,000
$119,250 by Directors Mortgage
Mortgage Due Oct 01, 2032
Local assessors in Portland, OR have categorized 12320 Northeast Brazee Street as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 7,015 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. 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 12320 Northeast Brazee Street has a total of 1,040 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 attached garage for those who need a place to park their vehicle. The garage on the property is 920 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. The home's baseboard heaters is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 12320 Northeast Brazee Street sold most recently in Jul 24, 2020 for a total of $327,000. If you work out the math, that's approximately a cost of $166.84 per sqft. Before that, the property was also sold for $159,000 in Sep 9, 2002. 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 $4,673 in taxes each year. 12320 Northeast Brazee Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $209,240. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 920
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 7,015
  • Total Building Area: 1,960
  • Gross Building Area: 1,960
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,040
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HAZELWOOD PK
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HAZELWOOD PK, BLOCK 2, N 115 OF W 61 OF LOT 7

Ownership

  • Current Owner : TRAN QUAN BAO
  • Current Owner 2: NGUYEN HOA THI
  • Previous Owner : NIEMEYER RUSSELL A
  • Owner Before Previous Owner: BORMAN WILLIAM H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Parkrose School District 3
  • Census Tract: 009400

Zoning

  • Zoning: R5

Geography

  • Account Number: R370600410
  • Parcel: R178146
  • Block: 2
  • Lot: 7
  • Meridian: SEC 26 TWN 01N RNG 02E
  • Latitude: 45.5397
  • Longitude: -122.536

    Address

  • Full Address: 12320 Ne Brazee St
  • Address - House Number: 12320
  • Street Direction: NE
  • Address - Street Name: Brazee
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C012
  • 4-Digit Zip Code: 1841
  • Zip Code: 97230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,673
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 412,590
  • High Value: 505,737
  • Low Value: 319,444

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $287,000
  • First Open Lien Mortgage Lender: ONPOINT COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Jul 30, 2020
  • First Open Lien Mortgage Loan Amount: $227,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050
  • Second Open Lien Mortgage Lender: OREGON AFFORDABLE HSNG ASSISTA
  • Second Open Lien Mortgage Recording Date: Aug 31, 2021
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $400,940
  • Market Land Value: $203,500
  • Market Improvement Value: $197,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,240

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Transaction ID: 11775295428
  • Current Sale Price: $327,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-094280
  • Previous Sale Recording Date: Sep 11, 2002
  • Previous Sale Contract Date: Sep 09, 2002
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ONPOINT COMMUNITY CU
  • First Mortgage Transaction Date: Jul 30, 2020
  • First Mortgage Loan Amount: $227,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: DIRECTORS MORTGAGE
  • Previous Mortgage Transaction Date: Sep 11, 2002
  • Previous Mortgage Loan Amount: $119,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2032

About East Portland



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Frequently Asked Questions

What neighborhood is 12320 Northeast Brazee Street located in?
The 12320 Northeast Brazee Street is a located in the neighborhood of Russell in East Portland, Portland.
What is the average sales price for listings in 12320 Northeast Brazee Street?
The average sales price for units in 12320 Northeast Brazee Street is $0 currently.

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