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3014 Southeast 8th Avenue

3014 Southeast 8th Avenue, Portland, OR 97202
Property in Brooklyn
Sold Jul 29, 2022
$3,945,000
Buyer
Seller
$1,980,000 by First Republic Bank
Mortgage
Sold Apr 19, 2021
$840,000
$2,835,000 by Sound Equity High Income Debt
Mortgage Due May 01, 2023
3014 Southeast 8th Avenue 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 2021 and is 3 years old. The home has a total of 6 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3014 Southeast 8th Avenue has 1,790 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,585 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. Residents will have the luxury of enjoying a unknown. 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 oil. 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, 3014 Southeast 8th Avenue sold most recently in Jul 21, 2022 for a total of $3,945,000. If you work out the math, that's approximately a cost of $427.36 per sqft. Before that, the property was also sold for $840,000 in Apr 8, 2021. 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 $38,669 in taxes each year. 3014 Southeast 8th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,459,280. 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. 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!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

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Fair
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 943
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,585
  • Total Building Area: 9,231
  • Gross Building Area: 9,231
  • Building Area: 1,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,790
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DOUGLAS ADD
  • Land Acres: 0.105
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: DOUGLAS ADD, BLOCK 1, N 45.85 OF LOT 2

Ownership

  • Current Owner : ACAAA LLC
  • Previous Owner : AV EQUITY INC
  • Owner Before Previous Owner: ALPINA PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 001000

Zoning

  • Zoning: CG

Geography

  • Account Number: R216300020
  • Parcel: R148164
  • Block: 1
  • Lot: 2
  • Meridian: SEC 11 TWN 01S RNG 01E
  • Latitude: 45.5012
  • Longitude: -122.658

    Address

  • Full Address: 3014 Se 8th Ave
  • Address - House Number: 3014
  • Street Direction: SE
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C002
  • 4-Digit Zip Code: 2570
  • Zip Code: 97202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $38,669
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 55
  • Final Value: 391,072
  • High Value: 478,428
  • Low Value: 303,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,980,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jul 29, 2022
  • First Open Lien Mortgage Loan Amount: $1,980,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $3,751,100
  • Market Land Value: $275,100
  • Market Improvement Value: $3,476,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,459,280

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Jul 29, 2022
  • Current Sale Transaction ID: 11892856343
  • Current Sale Price: $3,945,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 73294
  • Previous Sale Recording Date: Apr 19, 2021
  • Previous Sale Contract Date: Apr 08, 2021
  • Previous Sale Amount: $840,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jul 29, 2022
  • First Mortgage Loan Amount: $1,980,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: SOUND EQUITY HIGH INCOME DEBT
  • Previous Mortgage Transaction Date: Apr 19, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $2,835,000
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: May 01, 2023

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Frequently Asked Questions

What neighborhood is 3014 Southeast 8th Avenue located in?
The 3014 Southeast 8th Avenue is a located in the neighborhood of Brooklyn in Southeast Uplift, Portland.
What is the average sales price for listings in 3014 Southeast 8th Avenue?
The average sales price for units in 3014 Southeast 8th Avenue is $0 currently.

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