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2940 Northeast Fremont Street

2940 Northeast Fremont Street, Portland, OR 97212
House in Alameda
Sold Jul 06, 2023
$725,000
$616,250 by Fairway Independent Mtg Corp
Mortgage Due Aug 01, 2053
Sold Jul 24, 2019
$435,000
$413,250 by Finance Of America Mortgage Ll
Mortgage Due Aug 01, 2049
2940 Northeast Fremont Street 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 1916 and is 108 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2940 Northeast Fremont Street has 1,390 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 detached garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as fair. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 2940 Northeast Fremont Street sold most recently in Jun 29, 2023 for a total of $725,000. If you work out the math, that's approximately a cost of $279.92 per sqft. Before that, the property was also sold for $435,000 in Jul 18, 2019. 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 $5,812 in taxes each year. 2940 Northeast Fremont Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $219,330. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Wood Siding
Wood Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,200
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,590
  • Gross Building Area: 2,590
  • Building Area: 1,390
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,390
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: IRVINGWOOD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IRVINGWOOD, BLOCK 5, LOT 1

Ownership

  • Current Owner : ROBINSON MIRIAM
  • Current Owner 2: MAHAN ERIK W
  • Previous Owner : VANDERMEER CARSON W
  • Owner Before Previous Owner: GRIEPENTROG LINDA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 002501

Zoning

  • Zoning: R5

Geography

  • Account Number: R422000410
  • Parcel: R191167
  • Block: 5
  • Lot: 1
  • Meridian: SEC 25 TWN 01N RNG 01E
  • Latitude: 45.5481
  • Longitude: -122.635

    Address

  • Full Address: 2940 Ne Fremont St
  • Address - House Number: 2940
  • Street Direction: NE
  • Address - Street Name: Fremont
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C025
  • 4-Digit Zip Code: 2546
  • Zip Code: 97212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,812
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 676,319
  • High Value: 791,679
  • Low Value: 560,959

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $616,250
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Jul 06, 2023
  • First Open Lien Mortgage Loan Amount: $616,250
  • 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, 2053

    Market Valuation

  • Market Total Value: $632,770
  • Market Land Value: $374,000
  • Market Improvement Value: $258,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,330

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 06, 2023
  • Current Sale Transaction ID: 11908920930
  • Current Sale Price: $725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 41883
  • Previous Sale Recording Date: Jul 24, 2019
  • Previous Sale Contract Date: Jul 18, 2019
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Jul 06, 2023
  • First Mortgage Loan Amount: $616,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Jul 24, 2019
  • Previous Mortgage Loan Amount: $413,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

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Frequently Asked Questions

What neighborhood is 2940 Northeast Fremont Street located in?
The 2940 Northeast Fremont Street is a house located in the neighborhood of Alameda in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 2940 Northeast Fremont Street?
The average sales price for units in 2940 Northeast Fremont Street is $0 currently.

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