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1535 Southeast 45th Avenue

1535 Southeast 45th Avenue, Portland, OR 97215
House in Richmond
Sold Jul 09, 2021
$692,500
$442,500 by Arvest Bank
Mortgage Due Aug 01, 2051
Sold May 13, 2020
$450,000
$593,500 by Sfa Commercial Llc
Mortgage Due Nov 12, 2020
1535 Southeast 45th Avenue has been categorized by the local assessors in Portland, OR as a residential type of property. The building on the property was first built in 1923 and is 101 years old. The home has a total of 2 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1535 Southeast 45th Avenue has 2,220 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,200 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 640 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 3,199 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 216 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 1535 Southeast 45th Avenue sold most recently in Jul 7, 2021 for a total of $692,500. If you work out the math, that's approximately a cost of $237.16 per sqft. Before that, the property was also sold for $450,000 in May 4, 2020. 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 $5,808 in taxes each year. 1535 Southeast 45th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $219,190. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,200
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,199
  • Lot Size Depth Feet: 640
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,920
  • Gross Building Area: 3,172
  • Building Area: 2,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HAWTHORNE AVE ADD
  • Land Acres: 0.073
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HAWTHORNE AVE ADD, BLOCK 5, LOT 13&14 TL 8800

Ownership

  • Current Owner : BOLES STEPHANIE R
  • Current Owner 2: BOLES FOREST LEE
  • Previous Owner : KIRK MICHAEL REED
  • Owner Before Previous Owner: ROUSSOS RUCHANIGOON
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 001400

Zoning

  • Zoning: R5

Geography

  • Account Number: R366400650
  • Parcel: R176604
  • Block: 5
  • Lot: 13,14
  • Meridian: SEC 06 TWN 01S RNG 02E
  • Latitude: 45.5115
  • Longitude: -122.616

    Address

  • Full Address: 1535 Se 45th Ave
  • Address - House Number: 1535
  • Street Direction: SE
  • Address - Street Name: 45th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C031
  • 4-Digit Zip Code: 3130
  • Zip Code: 97215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,808
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 758,201
  • High Value: 885,605
  • Low Value: 630,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $442,500
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Jul 09, 2021
  • First Open Lien Mortgage Loan Amount: $442,500
  • 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, 2051

    Market Valuation

  • Market Total Value: $706,660
  • Market Land Value: $273,500
  • Market Improvement Value: $433,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,190

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 09, 2021
  • Current Sale Transaction ID: 11841701160
  • Current Sale Price: $692,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-106865
  • Previous Sale Recording Date: May 13, 2020
  • Previous Sale Contract Date: May 04, 2020
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Jul 09, 2021
  • First Mortgage Loan Amount: $442,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SFA COMMERCIAL LLC
  • Previous Mortgage Transaction Date: May 13, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $593,500
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Nov 12, 2020

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Frequently Asked Questions

What neighborhood is 1535 Southeast 45th Avenue located in?
The 1535 Southeast 45th Avenue is a house located in the neighborhood of Richmond in Southeast Uplift, Portland.
What is the average sales price for listings in 1535 Southeast 45th Avenue?
The average sales price for units in 1535 Southeast 45th Avenue is $0 currently.

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