2645 Northeast 7th Avenue

2645 Northeast 7th Avenue has been categorized by the local assessors in Portland, OR as a residential type of property. The building on the property was first built in 2007 and is 17 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2645 Northeast 7th Avenue has 1,312 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 185 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 410 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 288 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2645 Northeast 7th Avenue sold most recently in Jul 27, 2023 for a total of $499,900. If you work out the math, that's approximately a cost of $312.44 per sqft. Before that, the property was also sold for $440,000 in May 1, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,941 in taxes each year. 2645 Northeast 7th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $340,350. Improvements to the property, however, were assessed at a total of $340,350. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.