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1525 Southeast M L King Boulevard

1525 Southeast M L King Boulevard, Portland, OR 97214
Commercial in Hosford - Abernethy
Local assessors in Portland, OR have categorized 1525 Southeast M L King Boulevard as a industrial type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 4,124 square feet. As for the restroom situation, there is one full bathroom. 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 1525 Southeast M L King Boulevard has a total of 8,620 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. The building has a sawtooth style roof that was made of asphalt and ply sheets in a built-up roof style. The home's a gravity heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1525 Southeast M L King Boulevard was last sold in Jul 11, 2019 for $820,800. According to our calculations, that's $95.22 per sqft. Current property owners are expected to pay $6,367 in taxes per year. The property on 1525 Southeast M L King Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $240,270. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Concrete Exterior

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180226
02/26/2018
Studio
-
4124 ft²
-
bedrooms
Studio
bathrooms
-
square feet
4124 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Construction Type: Concrete block
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,124
  • Total Building Area: 8,620
  • Gross Building Area: 8,620
  • Building Area: 8,620
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 8,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: STEPHENS ADD
  • Land Acres: 0.095
  • Standard Land Use Code: Industrial (general)
  • County Land Use Code: Fast food restaurant / drive-thru
  • Mobile Home Indicator: T
  • Legal Description 1: STEPHENS ADD, BLOCK 41, LOT 5&6 TL 300

Ownership

  • Current Owner : 1525 SE MLK LLC
  • Previous Owner : HANSLITS LARRY T
  • Previous Owner 2: SCARBERRY LESLIE C
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 001102

Zoning

  • Zoning: IG1

Geography

  • Account Number: R794002290
  • Parcel: R275788
  • Block: 41
  • Lot: 5,6
  • Meridian: SEC 03 TWN 01S RNG 01E
  • Latitude: 45.5117
  • Longitude: -122.662

    Address

  • Full Address: 1525 Se M L King Blvd
  • Address - House Number: 1525
  • Street Direction: SE
  • Address - Street Name: M L King
  • Address - Suffix Type: Blvd
  • State: OR
  • City Name: Portland
  • Carrier Code: C007
  • 4-Digit Zip Code: 3328
  • Zip Code: 97214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,367
  • Tax Rate Code Area: 884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,124,500
  • First Open Lien Mortgage Lender: COLUMBIA COMMUNITY CREDIT UNIO
  • First Open Lien Mortgage Recording Date: Mar 16, 2023
  • First Open Lien Mortgage Loan Amount: $1,124,500
  • 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: Mar 15, 2033

    Market Valuation

  • Market Total Value: $1,036,940
  • Market Land Value: $313,500
  • Market Improvement Value: $723,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,270

    Sales

  • Current Sale Contract Date: Jul 11, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Transaction ID: 11621489877
  • Current Sale Price: $820,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-071996

    Last Sale Mortgage

  • First Mortgage Lender: COLUMBIA STATE BANK
  • First Mortgage Transaction Date: Jul 15, 2019
  • First Mortgage Loan Amount: $660,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 30, 2039

    Financing

  • First Mortgage Financing Type: Variable

About Southeast Uplift



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1525 Southeast M L King Boulevard located in?
The 1525 Southeast M L King Boulevard is a commercial located in the neighborhood of Hosford - Abernethy in Southeast Uplift, Portland.
What is the average sales price for listings in 1525 Southeast M L King Boulevard?
The average sales price for units in 1525 Southeast M L King Boulevard is $0 currently.

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