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2816 Northeast 51st Avenue

2816 Northeast 51st Avenue, Portland, OR 97213
Sold Apr 19, 2019
$725,000
$463,000 by Key Bank Na
Mortgage Due Jan 01, 2036
Sold Jul 03, 2012
$525,000
$417,000 by Pinnacle Capital Mortgage Corp
Mortgage Due Jul 01, 2042
Local assessors in Portland, OR have categorized 2816 Northeast 51st Avenue as a residential type of property. The home was built in 1942 and is 82 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, 4 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 2 full bathrooms. There are also 3 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 2816 Northeast 51st Avenue has a total of 2,713 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 partial basement that is 986 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 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a screened porch and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. 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, 2816 Northeast 51st Avenue sold most recently in Apr 16, 2019 for a total of $725,000. If you work out the math, that's approximately a cost of $259.02 per sqft. Before that, the property was also sold for $525,000 in Jun 26, 2012. 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 $8,834 in taxes each year. 2816 Northeast 51st Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $333,360. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Cedar Siding

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 986
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,799
  • Gross Building Area: 2,799
  • Building Area: 2,713
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,713
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROSE CITY PK
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSE CITY PK, BLOCK 137, LOT 19

Ownership

  • Current Owner : EXLEY RUTH
  • Current Owner 2: EXLEY DAVID
  • Previous Owner : BUNCE KEVIN S
  • Previous Owner 2: MCGOWAN CARRIE ANN
  • Owner Before Previous Owner: PRATUCH JEFFREY A
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 002801

Zoning

  • Zoning: R5

Geography

  • Account Number: R723121860
  • Parcel: R260577
  • Block: 137
  • Lot: 19
  • Meridian: SEC 30 TWN 01N RNG 02E
  • Latitude: 45.5432
  • Longitude: -122.61

    Address

  • Full Address: 2816 Ne 51st Ave
  • Address - House Number: 2816
  • Street Direction: NE
  • Address - Street Name: 51st
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C022
  • 4-Digit Zip Code: 2536
  • Zip Code: 97213

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,834
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1671
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 876,957
  • High Value: 1,023,503
  • Low Value: 730,411

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $463,000
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Loan Amount: $463,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $876,090
  • Market Land Value: $360,000
  • Market Improvement Value: $516,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,360

    Sales

  • Current Sale Contract Date: Apr 16, 2019
  • Current Sale Recording Date: Apr 19, 2019
  • Current Sale Transaction ID: 11598698024
  • Current Sale Price: $725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-039027
  • Previous Sale Recording Date: Jul 03, 2012
  • Previous Sale Contract Date: Jun 26, 2012
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Apr 19, 2019
  • First Mortgage Loan Amount: $463,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE CAPITAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 03, 2012
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2042

About Central Northeast Neighbors Incorporated



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Frequently Asked Questions

What neighborhood is 2816 Northeast 51st Avenue located in?
The 2816 Northeast 51st Avenue is a house located in the neighborhood of Rose City Park in Central Northeast Neighbors Incorporated, Portland.
What is the average sales price for listings in 2816 Northeast 51st Avenue?
The average sales price for units in 2816 Northeast 51st Avenue is $0 currently.

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