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225 Southeast Main Street

225 Southeast Main Street, Portland, OR 97214
Property in Buckman
225 Southeast Main Street has been categorized by the local assessors in Portland, OR as a industrial type of property. The building on the property was first built in 1928 and is 96 years old. However, we must point out that the home was most recently renovated and altered in 1977. The building has a total of 2 stories. In addition, 225 Southeast Main Street has 40,000 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete control joints. The building has a sawtooth style roof made of asphalt and ply sheets in a built-up roof style. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $870,000 in Oct 16, 1995. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $37,906 in taxes each year. 225 Southeast Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,430,480. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Concrete
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 20,000
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 40,000
  • Gross Building Area: 40,000
  • Building Area: 40,000
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 40,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: EAST PORTLAND
  • Land Acres: 0.459
  • Standard Land Use Code: Industrial (general)
  • County Land Use Code: Fast food restaurant / drive-thru
  • Mobile Home Indicator: T
  • Legal Description 1: EAST PORTLAND, BLOCK 54, LOT 3-6

Ownership

  • Current Owner : 3MB LLC
  • Previous Owner : BROWN DAVID CHARLES
  • Owner Before Previous Owner: EAGON HEATHER BURNS
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 001101

Zoning

  • Zoning: IG1

Geography

  • Account Number: R226503330
  • Parcel: R149961
  • Block: 54
  • Lot: 3-6
  • Meridian: SEC 03 TWN 01S RNG 01E
  • Latitude: 45.5139
  • Longitude: -122.663

    Address

  • Full Address: 225 Se Main St
  • Address - House Number: 225
  • Street Direction: SE
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C005
  • 4-Digit Zip Code: 3323
  • Zip Code: 97214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $37,906
  • Tax Rate Code Area: 884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: STANDARD INSURANCE CO
  • First Open Lien Mortgage Recording Date: Apr 15, 2015
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 01, 2040

    Market Valuation

  • Market Total Value: $4,927,840
  • Market Land Value: $1,111,910
  • Market Improvement Value: $3,815,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,430,480

    Sales

  • Current Sale Contract Date: Apr 13, 2015
  • Current Sale Recording Date: Apr 15, 2015
  • Current Sale Transaction ID: 11452670193
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-041467
  • Previous Sale Recording Date: Oct 27, 1995
  • Previous Sale Contract Date: Oct 16, 1995
  • Previous Sale Amount: $870,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: STANDARD INSURANCE CO
  • First Mortgage Transaction Date: Apr 15, 2015
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: KEY BANK
  • Previous Mortgage Transaction Date: Oct 27, 1995
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2000

About Southeast Uplift



Similar Buildings

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Nearby Rentals

Unit for rent at 3631-3659 Se 33rd, Portland, OR, 97202

$995 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
3631-3659 Se 33rd #3633 SE 33Rd, Portland, OR, 97202 Listing by Manager

Frequently Asked Questions

What neighborhood is 225 Southeast Main Street located in?
The 225 Southeast Main Street is a located in the neighborhood of Buckman in Southeast Uplift, Portland.
What is the average sales price for listings in 225 Southeast Main Street?
The average sales price for units in 225 Southeast Main Street is $0 currently.

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