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2511 Northeast 8th Avenue

2511 Northeast 8th Avenue, Portland, OR 97212
House in Irvington
Sold Dec 30, 2020
$377,527
$544,000 by Rocket Mortgage Llc
Mortgage Due Sep 01, 2051
Local assessors in Portland, OR have categorized 2511 Northeast 8th Avenue as a residential type of property. The home was built in 1922 and is 102 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 2511 Northeast 8th Avenue has a total of 972 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. 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 306 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 fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of composition shingle. Lots of wood 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 Dec 29, 2020 for $377,527. That's $215.48 per sqft. 2511 Northeast 8th Avenue was last assessed in 2023. The total value of the property was assessed at $168,860. 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 $4,475. The initial tax year of delinquency was in 2011. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Construction Type: Frame
  • 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: 780
  • Garage Type: Detached
  • Garage Square Area: 306
  • 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: 1,752
  • Gross Building Area: 1,752
  • Building Area: 972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 972
  • Heating Fuel Type: Oil

    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 117, LOT 9

Ownership

  • Current Owner : GORMAN LUCA
  • Previous Owner : MARTIN GREGORY

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R420425540
  • Parcel: R189328
  • Block: 117
  • Lot: 9
  • Meridian: SEC 26 TWN 01N RNG 01E
  • Latitude: 45.5409
  • Longitude: -122.658

    Address

  • Full Address: 2511 Ne 8th Ave
  • Address - House Number: 2511
  • Street Direction: NE
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C012
  • 4-Digit Zip Code: 3864
  • Zip Code: 97212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,475
  • Intital Tax Deliquent Year: 2011
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 538,234
  • High Value: 633,210
  • Low Value: 443,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $544,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Loan Amount: $544,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $639,950
  • Market Land Value: $357,500
  • Market Improvement Value: $282,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,860

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Transaction ID: 11809463212
  • Current Sale Price: $377,527
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-179029

    Last Sale Mortgage

  • First Mortgage Lender: GEORGE MARTIN
  • First Mortgage Transaction Date: Dec 30, 2020
  • First Mortgage Loan Amount: $275,048
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 17, 2022

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Frequently Asked Questions

What neighborhood is 2511 Northeast 8th Avenue located in?
The 2511 Northeast 8th Avenue is a house located in the neighborhood of Irvington in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 2511 Northeast 8th Avenue?
The average sales price for units in 2511 Northeast 8th Avenue is $0 currently.

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