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2958 Southeast 118th Avenue

2958 Southeast 118th Avenue, Portland, OR 97266
Sold Apr 07, 2022
$415,000
$332,000 by Guild Mortgage Company Llc
Mortgage Due May 01, 2052
Sold May 25, 2017
$292,000
$267,000 by Onpoint Community Cu
Mortgage Due Jun 01, 2047
Local assessors in Portland, OR have categorized 2958 Southeast 118th Avenue as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 2,757 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, 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 2958 Southeast 118th Avenue has a total of 1,654 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 240 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 a unknown so you'll have a great option in the back of the home. 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 baseboard heaters is the primary heating source and it is being fueled with oil. 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, 2958 Southeast 118th Avenue sold most recently in Apr 6, 2022 for a total of $415,000. If you work out the math, that's approximately a cost of $219.11 per sqft. Before that, the property was also sold for $292,000 in May 23, 2017. 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 $4,557 in taxes each year. 2958 Southeast 118th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $193,880. 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

Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • 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
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,757
  • Total Building Area: 1,894
  • Gross Building Area: 1,894
  • Building Area: 1,654
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,654
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARTITION PLAT
  • Land Acres: 0.063
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARTITION PLAT 2000-17, LOT 2

Ownership

  • Current Owner : THU PAH
  • Current Owner 2: PAW KLO G
  • Previous Owner : MIKKELSEN ERIK D
  • Owner Before Previous Owner: MILLER LISA GAYLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: David Douglas School District 40
  • Census Tract: 008400

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R649800660
  • Parcel: R491298
  • Lot: 2
  • Meridian: SEC 10 TWN 01S RNG 02E
  • Latitude: 45.5003
  • Longitude: -122.542

    Address

  • Full Address: 2958 Se 118th Ave
  • Address - House Number: 2958
  • Street Direction: SE
  • Address - Street Name: 118th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C022
  • 4-Digit Zip Code: 1602
  • Zip Code: 97266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,557
  • Tax Rate Code Area: 113

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 392,401
  • High Value: 460,603
  • Low Value: 324,198

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Apr 07, 2022
  • First Open Lien Mortgage Loan Amount: $332,000
  • 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: May 01, 2052
  • Second Open Lien Mortgage Lender: PORTLAND HOUSING CENTER, INC.
  • Second Open Lien Mortgage Recording Date: Apr 07, 2022
  • Second Open Lien Mortgage Loan Amount: $48,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $327,690
  • Market Land Value: $143,750
  • Market Improvement Value: $183,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,880

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: Apr 07, 2022
  • Current Sale Transaction ID: 11884148051
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 36551
  • Previous Sale Recording Date: May 25, 2017
  • Previous Sale Contract Date: May 23, 2017
  • Previous Sale Amount: $292,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Apr 07, 2022
  • First Mortgage Loan Amount: $332,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052
  • Second Mortgage Lender: PORTLAND HOUSING CENTER, INC.
  • Second Mortgage Transaction Date: Apr 07, 2022
  • Second Mortgage Loan Amount: $48,000
  • Second Mortgage Loan Due Date: Apr 15, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ONPOINT COMMUNITY CU
  • Previous Mortgage Transaction Date: May 25, 2017
  • Previous Mortgage Loan Amount: $267,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About East Portland



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Frequently Asked Questions

What neighborhood is 2958 Southeast 118th Avenue located in?
The 2958 Southeast 118th Avenue is a located in the neighborhood of Powellhurst - Gilbert in East Portland, Portland.
What is the average sales price for listings in 2958 Southeast 118th Avenue?
The average sales price for units in 2958 Southeast 118th Avenue is $0 currently.

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