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2614 Southeast 115th Avenue

2614 Southeast 115th Avenue, Portland, OR 97266
Sold Jul 28, 2015
$422,000
$231,100 by Unitus Community Cu
Mortgage Due Aug 01, 2045
Sold Dec 08, 2005
$335,000
$251,250 by Homecomings Financial Network
Mortgage Due Jan 01, 2036
Local assessors in Portland, OR have categorized 2614 Southeast 115th Avenue as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 18,295 square feet. 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, 8 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 4 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 2614 Southeast 115th Avenue has a total of 2,816 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 880 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. 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, 2614 Southeast 115th Avenue was last sold in Jul 21, 2015 for $422,000. According to our calculations, that's $114.18 per sqft. Prior to that sales transaction, the property was sold for $335,000 in Nov 9, 2005. Current property owners are expected to pay $7,357 in taxes per year. The property on 2614 Southeast 115th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $313,030. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 8
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 880
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 3,696
  • Gross Building Area: 3,696
  • Building Area: 2,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LARKWOOD
  • Land Acres: 0.42
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: SECTION 10 1S 2E, TL 500 0.42 ACRES

Ownership

  • Current Owner : PHAM KATHERINE K
  • Current Owner 2: PHAM AN
  • Previous Owner : PHAM PHAT T
  • Owner Before Previous Owner: PROM ELISABETH P
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: David Douglas School District 40
  • Census Tract: 008400

Zoning

  • Zoning: RM2

Geography

  • Account Number: R992100770
  • Parcel: R333838
  • Lot: 5
  • Meridian: SEC 10 TWN 01S RNG 02E
  • Latitude: 45.5031
  • Longitude: -122.545

    Address

  • Full Address: 2614 Se 115th Ave
  • Address - House Number: 2614
  • Street Direction: SE
  • Address - Street Name: 115th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C022
  • 4-Digit Zip Code: 1176
  • Zip Code: 97266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,357
  • Tax Rate Code Area: 113

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 724,051
  • High Value: 836,265
  • Low Value: 611,836

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,100
  • First Open Lien Mortgage Lender: UNITUS COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Jul 28, 2015
  • First Open Lien Mortgage Loan Amount: $231,100
  • 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: Aug 01, 2045

    Market Valuation

  • Market Total Value: $680,930
  • Market Land Value: $371,240
  • Market Improvement Value: $309,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,030

    Sales

  • Current Sale Contract Date: Jul 21, 2015
  • Current Sale Recording Date: Jul 28, 2015
  • Current Sale Transaction ID: 1221108851
  • Current Sale Price: $422,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-095784
  • Previous Sale Recording Date: Dec 08, 2005
  • Previous Sale Contract Date: Nov 09, 2005
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITUS COMMUNITY CU
  • First Mortgage Transaction Date: Jul 28, 2015
  • First Mortgage Loan Amount: $231,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: HOMECOMINGS FINANCIAL NETWORK
  • Previous Mortgage Transaction Date: Dec 08, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $251,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2036

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Frequently Asked Questions

What neighborhood is 2614 Southeast 115th Avenue located in?
The 2614 Southeast 115th Avenue is a located in the neighborhood of Powellhurst - Gilbert in East Portland, Portland.
What is the average sales price for listings in 2614 Southeast 115th Avenue?
The average sales price for units in 2614 Southeast 115th Avenue is $0 currently.

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