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306 Northeast 127th Avenue

306 Northeast 127th Avenue, Portland, OR 97230
Property in Hazelwood
Sold Jul 26, 2022
$450,000
$450,000 by Onpoint Community Credit Union
Mortgage Due Aug 01, 2052
Sold May 20, 1996
$120,000
$85,000 by Washington Mutual Bank
Mortgage Due Jun 01, 2026
306 Northeast 127th 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 1951 and is 73 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 306 Northeast 127th Avenue has 1,008 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 6,132 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 288 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a screened porch and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a bowstring truss 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. The property was last sold in Jun 24, 2022 for $450,000. That's $255.10 per sqft. Prior to that sales transaction, the property was also sold in May 16, 1996 for $120,000. 306 Northeast 127th Avenue was last assessed in 2023. The total value of the property was assessed at $183,780. 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 $4,319. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 756
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 6,132
  • Total Building Area: 1,764
  • Gross Building Area: 1,964
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,008
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GLENN OAK PK
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GLENN OAK PK, LOT 43

Ownership

  • Current Owner : RAMIREZ ARLENE
  • Current Owner 2: ORTEGA BRAULIO ANDRES
  • Previous Owner : GAYLEN JAMES
  • Owner Before Previous Owner: MELHORN STEVEN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: David Douglas School District 40
  • Census Tract: 009302

Zoning

  • Zoning: R7

Geography

  • Account Number: R326000850
  • Parcel: R170439
  • Lot: 43
  • Meridian: SEC 35 TWN 01N RNG 02E
  • Latitude: 45.5249
  • Longitude: -122.532

    Address

  • Full Address: 306 Ne 127th Ave
  • Address - House Number: 306
  • Street Direction: NE
  • Address - Street Name: 127th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C001
  • 4-Digit Zip Code: 2411
  • Zip Code: 97230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,319
  • Tax Rate Code Area: 113

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 420,370
  • High Value: 492,756
  • Low Value: 347,984

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: ONPOINT COMMUNITY CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jul 26, 2022
  • First Open Lien Mortgage Loan Amount: $450,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $400,950
  • Market Land Value: $190,750
  • Market Improvement Value: $210,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,780

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Transaction ID: 11892622434
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 72161
  • Previous Sale Recording Date: May 20, 1996
  • Previous Sale Contract Date: May 16, 1996
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: ONPOINT COMMUNITY CREDIT UNION
  • First Mortgage Transaction Date: Jul 26, 2022
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: May 20, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2026

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Frequently Asked Questions

What neighborhood is 306 Northeast 127th Avenue located in?
The 306 Northeast 127th Avenue is a located in the neighborhood of Hazelwood in East Portland, Portland.
What is the average sales price for listings in 306 Northeast 127th Avenue?
The average sales price for units in 306 Northeast 127th Avenue is $0 currently.

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