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3224 Northeast 40th Avenue

3224 Northeast 40th Avenue, Portland, OR 97212
Sold Oct 11, 2019
$554,000
$150,000 by Bank Of America Na
Mortgage Due Nov 01, 2049
Sold Jul 24, 2015
Transfer
3224 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 1926 and is 98 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 3224 Northeast 40th Avenue has 1,755 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 partial basement that is 500 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 216 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of metal. 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. 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. The property was last sold in Oct 10, 2019 for $554,000. That's $269.59 per sqft. 3224 Northeast 40th Avenue was last assessed in 2023. The total value of the property was assessed at $287,130. 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 $7,609. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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

Metal Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Style: Unknown
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 500
  • Garage Type: Detached
  • Garage Square Area: 216
  • 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: 2,055
  • Gross Building Area: 2,055
  • Building Area: 1,755
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,755
  • 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 8, LOT 16

Ownership

  • Current Owner : GOULD HALLIE SUZANNE
  • Previous Owner : KNUTSEN JAMES L
  • Previous Owner 2: KNUTSEN MARY ELLEN
  • Owner Before Previous Owner: RICHARDSON LAURIE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R060801420
  • Parcel: R112644
  • Block: 8
  • Lot: 16
  • Meridian: SEC 25 TWN 01N RNG 01E
  • Latitude: 45.5466
  • Longitude: -122.622

    Address

  • Full Address: 3224 Ne 40th Ave
  • Address - House Number: 3224
  • Street Direction: NE
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C027
  • 4-Digit Zip Code: 2812
  • Zip Code: 97212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,609
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 708,757
  • High Value: 828,572
  • Low Value: 588,942

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 11, 2019
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: Nov 01, 2049
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Mar 29, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 23, 2051

    Market Valuation

  • Market Total Value: $663,570
  • Market Land Value: $357,500
  • Market Improvement Value: $306,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,130

    Sales

  • Current Sale Contract Date: Oct 10, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Transaction ID: 11660755929
  • Current Sale Price: $554,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-109878
  • Previous Sale Recording Date: Jul 24, 2015
  • Previous Sale Contract Date: Jul 24, 2015
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Oct 11, 2019
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

About Central Northeast Neighbors Incorporated



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Frequently Asked Questions

What neighborhood is 3224 Northeast 40th Avenue located in?
The 3224 Northeast 40th Avenue is a house located in the neighborhood of Beaumont - Wilshire in Central Northeast Neighbors Incorporated, Portland.
What is the average sales price for listings in 3224 Northeast 40th Avenue?
The average sales price for units in 3224 Northeast 40th Avenue is $0 currently.

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