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2907 Northeast 56th Avenue

2907 Northeast 56th Avenue, Portland, OR 97213
Property in Rose City Park
Sold Aug 13, 2021
$910,000
$700,000 by Guild Mortgage Co
Mortgage Due Sep 01, 2051
Sold Oct 09, 2015
$651,250
$550,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2045
Local assessors in Portland, OR have categorized 2907 Northeast 56th Avenue as a residential type of property. The home was built in 1909 and is 115 years old. The property's lot size has been calculated to be 5,500 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 550 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, 3 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 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 2907 Northeast 56th Avenue has a total of 2,811 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 finished improved basement that is 884 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. 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. Do you like to entertain? The home has both a unknown 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 bowstring truss 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 gas. 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, 2907 Northeast 56th Avenue was last sold in Aug 6, 2021 for $910,000. According to our calculations, that's $323.73 per sqft. Prior to that sales transaction, the property was sold for $651,250 in Oct 7, 2015. Current property owners are expected to pay $9,276 in taxes per year. The property on 2907 Northeast 56th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $350,040. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Bedroom Count: 3
  • 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: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 884
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,811
  • Gross Building Area: 3,091
  • Building Area: 2,811
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,811
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROSE CITY PK
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSE CITY PK, BLOCK 100, S 5 OF LOT 10, LOT 11

Ownership

  • Current Owner : FRANCIS RAEANN
  • Current Owner 2: FRANCIS EDWARD
  • Previous Owner : GUBA SUZANNE M DESMOND
  • Owner Before Previous Owner: FOULK THAD S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R723110110
  • Parcel: R259925
  • Block: 100
  • Lot: 10,11
  • Meridian: SEC 30 TWN 01N RNG 02E
  • Latitude: 45.5439
  • Longitude: -122.606

    Address

  • Full Address: 2907 Ne 56th Ave
  • Address - House Number: 2907
  • Street Direction: NE
  • Address - Street Name: 56th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C043
  • 4-Digit Zip Code: 3329
  • Zip Code: 97213

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,276
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 960,295
  • High Value: 1,161,413
  • Low Value: 759,178

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $956,600
  • Market Land Value: $360,000
  • Market Improvement Value: $596,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,040

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11846816885
  • Current Sale Price: $910,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-124483
  • Previous Sale Recording Date: Oct 09, 2015
  • Previous Sale Contract Date: Oct 07, 2015
  • Previous Sale Amount: $651,250
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 09, 2015
  • Previous Mortgage Loan Amount: $550,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Central Northeast Neighbors Incorporated



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Frequently Asked Questions

What neighborhood is 2907 Northeast 56th Avenue located in?
The 2907 Northeast 56th Avenue is a located in the neighborhood of Rose City Park in Central Northeast Neighbors Incorporated, Portland.
What is the average sales price for listings in 2907 Northeast 56th Avenue?
The average sales price for units in 2907 Northeast 56th Avenue is $0 currently.

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