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2403 Northeast 7th Avenue

2403 Northeast 7th Avenue, Portland, OR 97212
House in Eliot
Sold Sep 10, 2014
$493,500
$394,800 by Banner Bank
Mortgage Due Oct 01, 2044
Sold Mar 24, 2008
$424,900
$335,900 by M & T Bank
Mortgage Due Apr 01, 2023
2403 Northeast 7th 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 1914 and is 110 years old. Residents will have access to 2 full bathrooms. There is one partial bathroom in the home. In addition, 2403 Northeast 7th Avenue has 2,529 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 finished improved basement that is 780 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 area measurement of the land has been determined as 2,614 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 carport for those who require parking. According to our sources, there is one available parking space. The roof of the building is made of composition shingle. In terms of heating, it is utilizing a forced air unit. 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, 2403 Northeast 7th Avenue was last sold in Sep 8, 2014 for $493,500. According to our calculations, that's $195.14 per sqft. Prior to that sales transaction, the property was sold for $424,900 in Mar 21, 2008. Current property owners are expected to pay $4,151 in taxes per year. The property on 2403 Northeast 7th Avenue was last assessed in 2017. As a result of that assessment, the total value of the property was placed at $159,060. 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. 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.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

Wood Siding

Parking

Carport
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Building Style: Other
  • Roof Cover Type: Composition shingle
  • Basement Type: Finished improved basement
  • Basement Area: 780
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 2,529
  • Building Area: 2,529
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,529
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALBINA
  • Land Acres: 0.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALBINA, BLOCK 4, E 15' OF S 37 12' OF LOT 15, S 37 12' OF LOT 16

Ownership

  • Current Owner : CROSS TRISTAN
  • Current Owner 2: BRIDGES REBEKAH
  • Previous Owner : TSAI NANCY F
  • Owner Before Previous Owner: COLE PETER E S
  • Owner Before Previous Owner 2: COLE KATHERINE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 002203

Zoning

  • Zoning: R2A

Geography

  • Account Number: R101843
  • Parcel: 1N1E26CB 06000 01
  • Block: 4
  • Lot: 15-16
  • Meridian: SEC 26 TWN 01N RNG 01E
  • Latitude: 45.5397
  • Longitude: -122.659

    Address

  • Full Address: 2403 Ne 7th Ave
  • Address - House Number: 2403
  • Street Direction: NE
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C001
  • 4-Digit Zip Code: 3816
  • Zip Code: 97212

Valuation

    Tax

  • Tax Year: 2018
  • Tax Amount: $4,151
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Valuation Date: Jan 01, 1900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $394,800
  • First Open Lien Mortgage Lender: BANNER BANK
  • First Open Lien Mortgage Recording Date: Sep 10, 2014
  • First Open Lien Mortgage Loan Amount: $394,800
  • 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: Oct 01, 2044

    Market Valuation

  • Market Total Value: $525,400
  • Market Land Value: $175,000
  • Market Improvement Value: $350,400

    Assessments Valuation

  • Assessed Year: 2017
  • Assessed Total Value: $159,060

    Sales

  • Current Sale Contract Date: Sep 08, 2014
  • Current Sale Recording Date: Sep 10, 2014
  • Current Sale Transaction ID: 1101203009
  • Current Sale Price: $493,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-089641
  • Previous Sale Recording Date: Mar 24, 2008
  • Previous Sale Contract Date: Mar 21, 2008
  • Previous Sale Amount: $424,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANNER BANK
  • First Mortgage Transaction Date: Sep 10, 2014
  • First Mortgage Loan Amount: $394,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: M & T BANK
  • Previous Mortgage Transaction Date: Mar 24, 2008
  • Previous Mortgage Loan Amount: $335,900
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2023

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Frequently Asked Questions

What neighborhood is 2403 Northeast 7th Avenue located in?
The 2403 Northeast 7th Avenue is a house located in the neighborhood of Eliot in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 2403 Northeast 7th Avenue?
The average sales price for units in 2403 Northeast 7th Avenue is $650,000 , or $256/sqft. currently.

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