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2433 Northeast 8th Avenue

2433 Northeast 8th Avenue, Portland, OR 97212
Property in Irvington
Sold Nov 05, 2021
$482,000
$250,000 by Point West Credit Union
Mortgage Due Nov 15, 2035
Local assessors in Portland, OR have categorized 2433 Northeast 8th Avenue as a residential type of property. The home was built in 1913 and is 111 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 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, 2 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 is one full bathroom. There is also a partial bathroom. 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 2433 Northeast 8th Avenue has a total of 1,321 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a steel frame or truss style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. The home's a gravity heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 5, 2021 for $482,000. That's $161.69 per sqft. 2433 Northeast 8th Avenue was last assessed in 2023. The total value of the property was assessed at $215,440. 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 $5,709. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Steel frame or truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,320
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,981
  • Gross Building Area: 2,981
  • Building Area: 1,321
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 1,321
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: IRVINGTON
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IRVINGTON, BLOCK 118, LOT 2

Ownership

  • Current Owner : JNWL LLC
  • Previous Owner : THOMPSON IVORY GAIL
  • Previous Owner 2: ESTATE OF ELIZABETH B THOMPSON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R420425680
  • Parcel: R189341
  • Block: 118
  • Lot: 2
  • Meridian: SEC 26 TWN 01N RNG 01E
  • Latitude: 45.5403
  • Longitude: -122.658

    Address

  • Full Address: 2433 Ne 8th Ave
  • Address - House Number: 2433
  • Street Direction: NE
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C012
  • 4-Digit Zip Code: 3862
  • Zip Code: 97212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,709
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 557,172
  • High Value: 651,770
  • Low Value: 462,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: POINT WEST CREDIT UNION
  • First Open Lien Mortgage Recording Date: Nov 15, 2023
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 143
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 15, 2035

    Market Valuation

  • Market Total Value: $639,470
  • Market Land Value: $360,000
  • Market Improvement Value: $279,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,440

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11862109731
  • Current Sale Price: $482,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2021-164137

    Last Sale Mortgage

  • First Mortgage Lender: ELIZABETH B THOMPSON
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $376,500
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 05, 2023
  • Second Mortgage Lender: NEMCIK-CRUZ
  • Second Mortgage Transaction Date: Nov 05, 2021
  • Second Mortgage Loan Amount: $115,000
  • Second Mortgage Loan Due Date: Oct 05, 2023

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2433 Northeast 8th Avenue located in?
The 2433 Northeast 8th Avenue is a located in the neighborhood of Irvington in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 2433 Northeast 8th Avenue?
The average sales price for units in 2433 Northeast 8th Avenue is $0 currently.

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