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3205 Northeast 40th Avenue

3205 Northeast 40th Avenue, Portland, OR 97212
Sold Apr 08, 2022
$1,275,000
$1,020,000 by Bank Of America Na
Mortgage Due May 01, 2052
Sold Nov 02, 2007
$774,500
$619,600 by Residential Mortgage Group Llc
Mortgage Due Dec 01, 2037
3205 Northeast 40th 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 1920 and is 104 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 3205 Northeast 40th Avenue has 2,960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 924 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. 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 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 270 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as excellent. 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 heat pump and being fueled with oil. 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 building on the property is connected to a sewer system. 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, 3205 Northeast 40th Avenue sold most recently in Apr 5, 2022 for a total of $1,275,000. If you work out the math, that's approximately a cost of $375.88 per sqft. Before that, the property was also sold for $774,500 in Oct 31, 2007. 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 $14,757 in taxes each year. 3205 Northeast 40th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $556,900. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Excellent
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 924
  • Garage Type: Detached
  • Garage Square Area: 270
  • 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: 3,392
  • Gross Building Area: 3,616
  • Building Area: 2,960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,960
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEAUMONT
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEAUMONT, BLOCK 7, LOT 5

Ownership

  • Current Owner : SOFIA MARK ANTHONY
  • Current Owner 2: WHITLOCK LINDSEY A
  • Previous Owner : HANCOCK FAMILY 2020 TRUST
  • Owner Before Previous Owner: STEVKO MITCHELL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 002600

Zoning

  • Zoning: R5H

Geography

  • Account Number: R060801090
  • Parcel: R112611
  • Block: 7
  • Lot: 5
  • Meridian: SEC 25 TWN 01N RNG 01E
  • Latitude: 45.5463
  • Longitude: -122.622

    Address

  • Full Address: 3205 Ne 40th Ave
  • Address - House Number: 3205
  • Street Direction: NE
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C027
  • 4-Digit Zip Code: 2813
  • Zip Code: 97212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,757
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 1,141,869
  • High Value: 1,335,513
  • Low Value: 948,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,020,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 08, 2022
  • First Open Lien Mortgage Loan Amount: $1,020,000
  • 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

    Market Valuation

  • Market Total Value: $1,125,240
  • Market Land Value: $360,000
  • Market Improvement Value: $765,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $556,900

    Sales

  • Current Sale Contract Date: Apr 05, 2022
  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Transaction ID: 11884277227
  • Current Sale Price: $1,275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 36909
  • Previous Sale Recording Date: Nov 02, 2007
  • Previous Sale Contract Date: Oct 31, 2007
  • Previous Sale Amount: $774,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 08, 2022
  • First Mortgage Loan Amount: $1,020,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: Nov 02, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $619,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2037

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Frequently Asked Questions

What neighborhood is 3205 Northeast 40th Avenue located in?
The 3205 Northeast 40th Avenue is a located in the neighborhood of Beaumont - Wilshire in Central Northeast Neighbors Incorporated, Portland.
What is the average sales price for listings in 3205 Northeast 40th Avenue?
The average sales price for units in 3205 Northeast 40th Avenue is $0 currently.

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