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2434 Northeast 38th Avenue

2434 Northeast 38th Avenue, Portland, OR 97212
Property in Grant Park
Sold Nov 25, 2020
$1,175,000
$940,000 by Guild Mortgage Co
Mortgage Due Dec 01, 2050
Sold Oct 05, 2011
$740,000
Buyer
Seller
Local assessors in Portland, OR have categorized 2434 Northeast 38th Avenue as a residential type of property. The home was built in 1926 and is 98 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. 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 are 3 full bathrooms. There are also 4 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 2434 Northeast 38th Avenue has a total of 2,992 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 632 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 176 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. The building has a gable style roof that was made of composition shingle. Lots of metal 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. 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 18, 2020 for $1,175,000. That's $392.71 per sqft. Prior to that sales transaction, the property was also sold in Oct 3, 2011 for $740,000. 2434 Northeast 38th Avenue was last assessed in 2023. The total value of the property was assessed at $490,300. 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 $12,992. 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

Exterior

Cedar Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Excellent
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 632
  • Garage Type: Detached
  • Garage Square Area: 176
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,992
  • Gross Building Area: 2,992
  • Building Area: 2,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,992
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROSSMERE
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSSMERE, BLOCK 12, LOT 19

Ownership

  • Current Owner : MASON MARIAH N
  • Current Owner 2: NELSON ANNA M
  • Previous Owner : WRAY WENDY
  • Owner Before Previous Owner: REILLY JOHN K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 002600

Zoning

  • Zoning: R5

Geography

  • Account Number: R729801040
  • Parcel: R262428
  • Block: 12
  • Lot: 19
  • Meridian: SEC 25 TWN 01N RNG 01E
  • Latitude: 45.5403
  • Longitude: -122.624

    Address

  • Full Address: 2434 Ne 38th Ave
  • Address - House Number: 2434
  • Street Direction: NE
  • Address - Street Name: 38th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C006
  • 4-Digit Zip Code: 5264
  • Zip Code: 97212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,992
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 1,074,624
  • High Value: 1,241,170
  • Low Value: 908,077

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $940,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Loan Amount: $940,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $1,087,900
  • Market Land Value: $357,500
  • Market Improvement Value: $730,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $490,300

    Sales

  • Current Sale Contract Date: Nov 18, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Transaction ID: 11803696197
  • Current Sale Price: $1,175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-159080
  • Previous Sale Recording Date: Oct 05, 2011
  • Previous Sale Contract Date: Oct 03, 2011
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Nov 25, 2020
  • First Mortgage Loan Amount: $940,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Northeast Coalition of Neighborhoods



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Frequently Asked Questions

What neighborhood is 2434 Northeast 38th Avenue located in?
The 2434 Northeast 38th Avenue is a located in the neighborhood of Grant Park in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 2434 Northeast 38th Avenue?
The average sales price for units in 2434 Northeast 38th Avenue is $0 currently.

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