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Portland 97227 Boise
3625 N COMMERCIAL AVE
$425,000
Land - For Sale

3625 N COMMERCIAL AVE

Portland, OR 97227
bedrooms
Studio
bathrooms
0 Bath
$2,296
Estimated Monthly
1.67%
Cap Rate

About This Property

BLUE CHIP location...a mere stroll to "all things fun" along the Mississippi and N Williams corridors. Convenient access to I-5 and downtown. R2.5 zoning allows multiple residences (buyer to verify with city).  Water and electricity currently in use and metered. Perfect "bike score" (100) and a "walkers paradise" (93). Clearly the best option for in-fill buildable lot.
Unit Size
-
Days on Market
22 days
Land Size
0.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$209
HOA Dues
-
Year Built
2016

Listed By

C. Morgan Davis
Keller Williams PDX Central
Last updated: 21 days ago (RMLSOR #24227509)

Price History

Date / Event Date Event Price
May 2, 2024 Listed by Keller Williams Realty Portland Central $425,000
Listed by Keller Williams Realty Portland Central
Nov 23, 2020 Sold to Margaret King, Mark A Hails $200,000
Sold to Margaret King, Mark A Hails
Jul 31, 2008 Sold to Ethan Caughey, Rebecca Kennedy $175,000
Sold to Ethan Caughey, Rebecca Kennedy

Property Highlights

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Roof Cover Type: Composition shingle
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 243
  • Gross Building Area: 243
  • Building Area: 243
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 243
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTRAL ALBINA
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CENTRAL ALBINA, BLOCK 33, LOT 2

Ownership

  • Current Owner : HAILS MARK A
  • Current Owner 2: KING MARGARET
  • Previous Owner : KENNEDY REBECCA
  • Previous Owner 2: CAUGHEY ETHAN
  • Owner Before Previous Owner: LULU ENTERPRISES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003402

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R146805720
  • Parcel: R621574
  • Block: 33
  • Lot: 2
  • Meridian: SEC 22 TWN 01N RNG 01E
  • Latitude: 45.5493
  • Longitude: -122.672

    Address

  • Full Address: 3625 N Commercial Ave
  • Address - House Number: 3625
  • Street Direction: N
  • Address - Street Name: Commercial
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C048
  • 4-Digit Zip Code: 1309
  • Zip Code: 97227

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,505
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 710

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 370,869
  • High Value: 433,237
  • Low Value: 308,502

    Market Valuation

  • Market Total Value: $396,920
  • Market Land Value: $324,000
  • Market Improvement Value: $72,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,540

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11803590733
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-157400
  • Previous Sale Recording Date: Jul 31, 2008
  • Previous Sale Contract Date: Jun 30, 2008
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ADVANTIS CU
  • Previous Mortgage Transaction Date: Jul 31, 2008
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2023

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
-
$448,454 Jan 22, 2016
$448,454 Jan 20, 2017
$195/mo
Land
Loft
-
-
$499,000 Apr 24, 2024
-
$256/mo
Other
Loft
1 Bath
1,602 ft²
$281/ft²
$449,900 Apr 11, 2024
-
$177/mo
Condo
2 Beds
2 Baths
953 ft²
$446/ft²
$425,000 Feb 8, 2024
-
$364/mo
Condo
2 Beds
2 Baths
953 ft²
$430/ft²
$410,000 Feb 23, 2024
-
$364/mo
Condo
2 Beds
2 Baths
953 ft²
$462/ft²
$440,000 Feb 15, 2024
-
$364/mo
Townhouse
2 Beds
1.5 Baths
790 ft²
$568/ft²
$449,000 Apr 25, 2024
-
$1,195/mo
Condo
2 Beds
2.5 Baths
975 ft²
$410/ft²
$399,900 Apr 25, 2024
-
-
Condo
2 Beds
2.5 Baths
937 ft²
$427/ft²
$399,900 Apr 25, 2024
-
-
Condo
1 Bed
1 Bath
730 ft²
$542/ft²
$396,000 Apr 25, 2024
-
$908/mo
Condo
2 Beds
2.5 Baths
936 ft²
$411/ft²
$384,900 Apr 25, 2024
-
-
Condo
2 Beds
2.5 Baths
936 ft²
$406/ft²
$379,900 Apr 25, 2024
-
-

About Northeast Coalition of Neighborhoods


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Frequently Asked Questions

When was property at 3625 North Commercial Avenue built and last sold?
The property at 3625 North Commercial Avenue was built in 2016 and last sold on Nov 20, 2020 for $200,000.
How much is this home worth?
The estimated value of the home located at 3625 North Commercial Avenue is $429,250.
What are some comparable homes to 3625 North Commercial Avenue?
Homes that are comparable to 3625 North Commercial Avenue include a land property at 456 Northeast Beech Street, a other property at 4214 North Missouri Avenue, a condo property at 121 North Going Street.

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