See Home Value
$667,192*
House - Off Market

2624 S WATER AVE

Portland, OR 97201
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2904 Sqft
$585,000 - $715,000
Reference Base Price*
2.64%
Since Oct 1, 2021
OR-Portland
Primary Model
Sold Oct 04, 2021
$650,000
$487,500 by Geneva Financial Llc
Mortgage Due Oct 01, 2051
Sold Jun 28, 2010
$300,000
$272,000 by Wells Fargo Bank Na
Mortgage Due Jun 25, 2035

About This Property

This charming Victorian property has been tastefully remodeled to keep the original charm from the 1800's. Charm and character meet modern convenience in the heart of Portland. This one has it all and offers the ability of a single residence with a bonus kitchen or office space, multifamily, an Airbnb setup or for commercial space. Balconies, covered patio, and courtyard offer outdoor living enjoyment.

The manager has listed the unit size as 2904 square feet.
Unit Size
2,904Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$224
Property Type
House
Property Taxes
$7,245
HOA Dues
-
Year Built
1876

Price History

Date / Event Date Event Price
Oct 4, 2021 Sold to Donovan Ho $650,000
Sold to Donovan Ho
Sep 2, 2021 No longer available -
No longer available
Aug 17, 2021 Price Decreased $650,000
↓ $50K (7.1%)
Price Decreased
Jul 19, 2021 Relisted $700,000
Relisted
Jul 7, 2021 No longer available -
No longer available
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1876
  • Effective Year Built: 1876
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Steel frame or truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,127
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,900
  • Total Building Area: 2,688
  • Gross Building Area: 2,688
  • Building Area: 1,561
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,561
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CARUTHERS ADD
  • Land Acres: 0.067
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CARUTHERS ADD, BLOCK 40, W 50 OF S 8 OF N 33 OF LOT 6, W 100 OF N 25 OF LOT 6

Ownership

  • Current Owner : HO DONOVAN
  • Previous Owner : CASTRO JOSEPH A
  • Previous Owner 2: CASTRO BONNIE S
  • Owner Before Previous Owner: NELSON MICHAEL M

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 005701

Zoning

  • Zoning: C02

Geography

  • Account Number: R140904270
  • Parcel: R128781
  • Block: 40
  • Lot: 6
  • Meridian: SEC 10 TWN 01S RNG 01E
  • Latitude: 45.504
  • Longitude: -122.676

    Address

  • Full Address: 2624 S Water Ave
  • Address - House Number: 2624
  • Street Direction: S
  • Address - Street Name: Water
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C005
  • 4-Digit Zip Code: 4819
  • Zip Code: 97201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,577
  • Tax Rate Code Area: 709

    Appraisal Valuation

  • Standard Deviation: 0.2068
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 605,813
  • High Value: 731,123
  • Low Value: 480,502

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $487,500
  • First Open Lien Mortgage Lender: GENEVA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Loan Amount: $487,500
  • 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, 2051

    Market Valuation

  • Market Total Value: $629,380
  • Market Land Value: $248,000
  • Market Improvement Value: $381,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,740

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Transaction ID: 11857870418
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-148120
  • Previous Sale Recording Date: Jun 28, 2010
  • Previous Sale Contract Date: Jun 25, 2010
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENEVA FINANCIAL LLC
  • First Mortgage Transaction Date: Oct 04, 2021
  • First Mortgage Loan Amount: $487,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 28, 2010
  • Previous Mortgage Loan Amount: $272,000
  • Previous Mortgage Term: 299
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 25, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
2,232 ft²
$246/ft²
$549,900 Dec 9, 2022
-
$440/mo
Condo
3 Beds
2 Baths
1,691 ft²
$390/ft²
$659,000 Feb 22, 2023
-
$1,918/mo
Condo
2 Beds
2 Baths
1,325 ft²
$442/ft²
$585,000 Mar 3, 2023
-
$1,632/mo
Land
Loft
-
-
$639,900 Feb 13, 2021
-
$320/mo
Land
Loft
-
-
$595,000 Feb 7, 2022
-
$286/mo

About Lair Hill


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Nearby Rentals

Unit for rent at

$1,595 /mo

  • 1 Bed
  • 1 Bath
  • 615 ft²
Listing by Manager
Unit for rent at

$2,195 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
Listing by Manager
Unit for rent at

$1,365 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
Listing by Manager


Frequently Asked Questions

When was property at 2624 South Water Avenue built and last sold?
The property at 2624 South Water Avenue was built in 1876 and last sold on Oct 1, 2020 for $650,000.
How much is this home worth?
The estimated value of the home located at 2624 South Water Avenue is $678,892.
What are some comparable homes to 2624 South Water Avenue?
There are currently no comparable homes to 2624 South Water Avenue.

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