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1238 Southeast 51st Avenue

1238 Southeast 51st Avenue, Portland, OR 97215
Property in Mt. Tabor
Sold Apr 07, 2021
$852,841
$548,250 by Guild Mortgage Co
Mortgage Due May 01, 2051
Sold Oct 07, 2019
$720,000
$576,000 by Onpoint Community Cu
Mortgage Due Nov 01, 2049
Local assessors in Portland, OR have categorized 1238 Southeast 51st Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 3,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 350 ft. 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 are 0 rooms in the home. Of these, 2 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 3 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 1238 Southeast 51st Avenue has a total of 802 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 359 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 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, 1238 Southeast 51st Avenue sold most recently in Apr 2, 2021 for a total of $852,841. If you work out the math, that's approximately a cost of $1,063.39 per sqft. Before that, the property was also sold for $720,000 in Oct 4, 2019. 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 $7,792 in taxes each year. 1238 Southeast 51st Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $294,040. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • 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 Area: 0
  • Garage Type: Detached
  • Garage Square Area: 359
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 350
  • Total Building Area: 802
  • Gross Building Area: 802
  • Building Area: 802
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 802
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SEWICKLY ADD
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEWICKLY ADD, BLOCK 5, LOT 6

Ownership

  • Current Owner : ODORISIO ANNE MARIE
  • Current Owner 2: PALU JAKE LAWRENCE
  • Previous Owner : BARAZESH ELLYAR YOUSEF
  • Previous Owner 2: TRUSSELL KELLY M
  • Owner Before Previous Owner: HUME JASON
  • Owner Before Previous Owner 2: HUME EVA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 001500

Zoning

  • Zoning: R5

Geography

  • Account Number: R758200940
  • Parcel: R268873
  • Block: 5
  • Lot: 6
  • Meridian: SEC 06 TWN 01S RNG 02E
  • Latitude: 45.5137
  • Longitude: -122.61

    Address

  • Full Address: 1238 Se 51st Ave
  • Address - House Number: 1238
  • Street Direction: SE
  • Address - Street Name: 51st
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C043
  • 4-Digit Zip Code: 2615
  • Zip Code: 97215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,792
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 790,920
  • High Value: 923,821
  • Low Value: 658,019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Apr 07, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $832,450
  • Market Land Value: $290,500
  • Market Improvement Value: $541,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,040

    Sales

  • Current Sale Contract Date: Apr 02, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Transaction ID: 11828991663
  • Current Sale Price: $852,841
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-056993
  • Previous Sale Recording Date: Oct 07, 2019
  • Previous Sale Contract Date: Oct 04, 2019
  • Previous Sale Amount: $720,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Apr 07, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ONPOINT COMMUNITY CU
  • Previous Mortgage Transaction Date: Oct 07, 2019
  • Previous Mortgage Loan Amount: $576,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 1238 Southeast 51st Avenue located in?
The 1238 Southeast 51st Avenue is a located in the neighborhood of Mt. Tabor in Southeast Uplift, Portland.
What is the average sales price for listings in 1238 Southeast 51st Avenue?
The average sales price for units in 1238 Southeast 51st Avenue is $0 currently.

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