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2825 Southwest Boundary Street

2825 Southwest Boundary Street, Portland, OR 97239
Property in Hillsdale
Sold Jul 27, 2021
$685,000
$548,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2051
Sold Nov 13, 2015
$394,000
$315,200 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2030
Local assessors in Portland, OR have categorized 2825 Southwest Boundary Street as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 9,300 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, 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 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2825 Southwest Boundary Street has a total of 2,632 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. 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. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2825 Southwest Boundary Street was last sold in Jul 22, 2021 for $685,000. According to our calculations, that's $260.26 per sqft. Prior to that sales transaction, the property was sold for $394,000 in Nov 11, 2015. Current property owners are expected to pay $8,776 in taxes per year. The property on 2825 Southwest Boundary Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $331,500. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Wood Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,300
  • Total Building Area: 2,632
  • Gross Building Area: 2,632
  • Building Area: 2,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,632
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FOREST AC
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOREST AC, BLOCK D, LOT 2

Ownership

  • Current Owner : SONG CHEN DAVID YEONG
  • Current Owner 2: SONG CHELSEY CHEN
  • Previous Owner : BENEDICT ETHAN R
  • Previous Owner 2: AMES SARAH E
  • Owner Before Previous Owner: ROGERS ANNE LOUISE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 006100

Zoning

  • Zoning: R7

Geography

  • Account Number: R291100850
  • Parcel: R164866
  • Block: D
  • Lot: 2
  • Meridian: SEC 17 TWN 01S RNG 01E
  • Latitude: 45.4851
  • Longitude: -122.706

    Address

  • Full Address: 2825 Sw Boundary St
  • Address - House Number: 2825
  • Street Direction: SW
  • Address - Street Name: Boundary
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C061
  • 4-Digit Zip Code: 2000
  • Zip Code: 97239

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,776
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 758,692
  • High Value: 886,764
  • Low Value: 630,620

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $598,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 27, 2021
  • First Open Lien Mortgage Loan Amount: $548,000
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: ONPOINT COMMUNITY CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Feb 23, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 16, 2052

    Market Valuation

  • Market Total Value: $730,440
  • Market Land Value: $313,000
  • Market Improvement Value: $417,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,500

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11843871736
  • Current Sale Price: $685,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-115019
  • Previous Sale Recording Date: Nov 13, 2015
  • Previous Sale Contract Date: Nov 11, 2015
  • Previous Sale Amount: $394,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $548,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 13, 2015
  • Previous Mortgage Loan Amount: $315,200
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2030

About Lair Hill



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Frequently Asked Questions

What neighborhood is 2825 Southwest Boundary Street located in?
The 2825 Southwest Boundary Street is a located in the neighborhood of Hillsdale in Lair Hill, Portland.
What is the average sales price for listings in 2825 Southwest Boundary Street?
The average sales price for units in 2825 Southwest Boundary Street is $0 currently.

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