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2055 North Alberta Street

2055 North Alberta Street, Portland, OR 97217
House in Overlook
Sold Jan 10, 2022
$610,000
$579,500 by Redfin Mortgage Llc
Mortgage Due Feb 01, 2052
Local assessors in Portland, OR have categorized 2055 North Alberta Street as a residential type of property. The home was built in 1911 and is 113 years old. The property's lot size has been calculated to be 5,300 square feet. The linear feet between the front and back of the lot was measured at 1,060 ft and the front of the lot was measured at 500 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, 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 2055 North Alberta Street has a total of 2,041 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,008 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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. The property was last sold in Jan 7, 2022 for $610,000. That's $240.06 per sqft. 2055 North Alberta Street was last assessed in 2023. The total value of the property was assessed at $193,850. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,137. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Bedroom Count: 3
  • 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: Finished improved basement
  • Basement Area: 1,008
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,300
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,541
  • Gross Building Area: 2,541
  • Building Area: 2,041
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,041
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TERMINUS ADD
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TERMINUS ADD, BLOCK 5, LOT 18

Ownership

  • Current Owner : NOVAK ISABELLE
  • Current Owner 2: GRIDLEY REID
  • Previous Owner : LAKHAN RAM
  • Previous Owner 2: LAKHAN LESLIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003501

Zoning

  • Zoning: R5

Geography

  • Account Number: R823702280
  • Parcel: R284357
  • Block: 5
  • Lot: 18
  • Meridian: SEC 21 TWN 01N RNG 01E
  • Latitude: 45.5593
  • Longitude: -122.689

    Address

  • Full Address: 2055 N Alberta St
  • Address - House Number: 2055
  • Street Direction: N
  • Address - Street Name: Alberta
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C014
  • 4-Digit Zip Code: 3504
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,137
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.0641
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 97
  • Final Value: 846,593
  • High Value: 900,923
  • Low Value: 792,262

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $579,500
  • First Open Lien Mortgage Lender: REDFIN MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 10, 2022
  • First Open Lien Mortgage Loan Amount: $579,500
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $602,290
  • Market Land Value: $292,500
  • Market Improvement Value: $309,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,850

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Transaction ID: 11876877383
  • Current Sale Price: $610,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-003939

    Last Sale Mortgage

  • First Mortgage Lender: REDFIN MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 10, 2022
  • First Mortgage Loan Amount: $579,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

About North Portland



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Nearby Rentals

Unit for rent at

$2,695 /mo

  • 4 Beds
  • 2 Baths
  • 1,567 ft²
Listing by Manager
Unit for rent at

$2,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
Listing by Manager
Unit for rent at

$2,695 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Manager
Unit for rent at

$2,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,088 ft²
Listing by Manager
Unit for rent at

$2,995 /mo

  • 3 Beds
  • 2 Baths
  • 2,500 ft²
Listing by Manager
Unit for rent at

$2,645 /mo

  • 3 Beds
  • 1 Bath
  • 1,534 ft²
Listing by Manager
Unit for rent at

$2,985 /mo

  • 2 Beds
  • 1 Bath
  • 984 ft²
Listing by The Canyons

Frequently Asked Questions

What neighborhood is 2055 North Alberta Street located in?
The 2055 North Alberta Street is a house located in the neighborhood of Overlook in North Portland, Portland.
What is the average sales price for listings in 2055 North Alberta Street?
The average sales price for units in 2055 North Alberta Street is $0 currently.

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