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3025 Northeast 8th Avenue

3025 Northeast 8th Avenue, Portland, OR 97212
House in Irvington
Sold Jun 24, 2020
$520,000
$416,000 by Banner Bank
Mortgage Due Jul 01, 2050
Sold Sep 01, 2017
$420,000
3025 Northeast 8th Avenue in Portland, OR was first built in 1938 and is 86 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3025 Northeast 8th Avenue has 1,226 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with oil. The property was last sold in Jun 15, 2020 for $520,000. That's $256.66 per sqft. Prior to that sales transaction, the property was also sold in Aug 31, 2017 for $420,000. 3025 Northeast 8th Avenue was last assessed in 2023. The total value of the property was assessed at $239,110. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,336. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 800
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,026
  • Gross Building Area: 2,106
  • Building Area: 1,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,226
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: IRVINGTON
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IRVINGTON, BLOCK 115, LOT 3

Ownership

  • Current Owner : ODOM ALEXANDER D
  • Previous Owner : IRVINGTON LLC
  • Owner Before Previous Owner: STEPHENS RICHARD

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 002203

Zoning

  • Zoning: R5

Geography

  • Account Number: R420425080
  • Parcel: R189283
  • Block: 115
  • Lot: 3
  • Meridian: SEC 26 TWN 01N RNG 01E
  • Latitude: 45.5448
  • Longitude: -122.658

    Address

  • Full Address: 3025 Ne 8th Ave
  • Address - House Number: 3025
  • Street Direction: NE
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C022
  • 4-Digit Zip Code: 3146
  • Zip Code: 97212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,336
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 589,268
  • High Value: 688,968
  • Low Value: 489,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,000
  • First Open Lien Mortgage Lender: BANNER BANK
  • First Open Lien Mortgage Recording Date: Jun 24, 2020
  • First Open Lien Mortgage Loan Amount: $416,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $625,820
  • Market Land Value: $357,500
  • Market Improvement Value: $268,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,110

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 24, 2020
  • Current Sale Transaction ID: 11769860503
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-075667
  • Previous Sale Recording Date: Sep 01, 2017
  • Previous Sale Contract Date: Aug 31, 2017
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANNER BANK
  • First Mortgage Transaction Date: Jun 24, 2020
  • First Mortgage Loan Amount: $416,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

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Frequently Asked Questions

What neighborhood is 3025 Northeast 8th Avenue located in?
The 3025 Northeast 8th Avenue is a house located in the neighborhood of Irvington in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 3025 Northeast 8th Avenue?
The average sales price for units in 3025 Northeast 8th Avenue is $0 currently.

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