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2318 Southeast 72nd Avenue

2318 Southeast 72nd Avenue, Portland, OR 97215
Property in Mt. Tabor
Sold Mar 31, 2020
$456,000
$364,800 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2050
Sold Jun 16, 2014
$310,800
$305,148 by Sierra Pacific Mortgage Co Inc
Mortgage Due Jul 01, 2044
2318 Southeast 72nd Avenue in Portland, OR was first built in 1925 and is 99 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2318 Southeast 72nd Avenue has 902 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,548 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 316 sqft. There is one available parking space. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with oil. 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, 2318 Southeast 72nd Avenue sold most recently in Mar 18, 2020 for a total of $456,000. If you work out the math, that's approximately a cost of $291.93 per sqft. Before that, the property was also sold for $310,800 in Jun 13, 2014. 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 $5,402 in taxes each year. 2318 Southeast 72nd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $203,840. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: Unfinished basement
  • Basement Area: 660
  • Garage Type: Detached
  • Garage Square Area: 316
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,548
  • Total Building Area: 1,562
  • Gross Building Area: 1,640
  • Building Area: 902
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 902
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TERRACE GARDENS
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TERRACE GARDENS, BLOCK 1, LOT 9

Ownership

  • Current Owner : MURALI KARTHIK
  • Current Owner 2: PRABHU SUCHITHRA S
  • Previous Owner : ERICKSEN TARA
  • Owner Before Previous Owner: FRIEDEL MEGAN K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 001601

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R824200210
  • Parcel: R284506
  • Block: 1
  • Lot: 9
  • Meridian: SEC 05 TWN 01S RNG 02E
  • Latitude: 45.506
  • Longitude: -122.589

    Address

  • Full Address: 2318 Se 72nd Ave
  • Address - House Number: 2318
  • Street Direction: SE
  • Address - Street Name: 72nd
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C036
  • 4-Digit Zip Code: 4050
  • Zip Code: 97215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,402
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1494
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 563,332
  • High Value: 647,540
  • Low Value: 479,125

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $364,800
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 31, 2020
  • First Open Lien Mortgage Loan Amount: $364,800
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $521,990
  • Market Land Value: $321,250
  • Market Improvement Value: $200,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,840

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Mar 31, 2020
  • Current Sale Transaction ID: 11754563796
  • Current Sale Price: $456,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-037901
  • Previous Sale Recording Date: Jun 16, 2014
  • Previous Sale Contract Date: Jun 13, 2014
  • Previous Sale Amount: $310,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 31, 2020
  • First Mortgage Loan Amount: $364,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Jun 16, 2014
  • Previous Mortgage Loan Amount: $305,148
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About Southeast Uplift



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Frequently Asked Questions

What neighborhood is 2318 Southeast 72nd Avenue located in?
The 2318 Southeast 72nd Avenue is a located in the neighborhood of Mt. Tabor in Southeast Uplift, Portland.
What is the average sales price for listings in 2318 Southeast 72nd Avenue?
The average sales price for units in 2318 Southeast 72nd Avenue is $0 currently.

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