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406 Southeast Gilham Avenue

406 Southeast Gilham Avenue, Portland, OR 97215
Property in Mt. Tabor
Sold May 30, 2014
$482,000
Sold Nov 10, 2011
$402,000
$381,900 by Metlife Home Loans
Mortgage Due Dec 01, 2041
406 Southeast Gilham 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 1912 and is 112 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 406 Southeast Gilham Avenue has 1,468 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 820 ft and across the front of the lot is 580 ft. The area measurement of the land has been determined as 4,756 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a flat 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 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, 406 Southeast Gilham Avenue sold most recently in May 23, 2014 for a total of $482,000. If you work out the math, that's approximately a cost of $220.29 per sqft. Before that, the property was also sold for $402,000 in Nov 7, 2011. 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 $7,663 in taxes each year. 406 Southeast Gilham Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $289,180. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 720
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,756
  • Lot Size Depth Feet: 820
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,188
  • Gross Building Area: 2,188
  • Building Area: 1,468
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,468
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MORNINGSIDE
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MORNINGSIDE, BLOCK 4, LOT 12

Ownership

  • Current Owner : KNUTSON SUZANNE
  • Current Owner 2: TSAI NANCY F
  • Previous Owner : NEIGER DANIEL
  • Owner Before Previous Owner: RAETZ KATHLEEN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 001601

Zoning

  • Zoning: R5

Geography

  • Account Number: R584101300
  • Parcel: R221124
  • Block: 4
  • Lot: 12
  • Meridian: SEC 32 TWN 01N RNG 02E
  • Latitude: 45.5201
  • Longitude: -122.589

    Address

  • Full Address: 406 Se Gilham Ave
  • Address - House Number: 406
  • Street Direction: SE
  • Address - Street Name: Gilham
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C054
  • 4-Digit Zip Code: 1428
  • Zip Code: 97215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,663
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 737,937
  • High Value: 861,935
  • Low Value: 613,939

    Market Valuation

  • Market Total Value: $748,140
  • Market Land Value: $345,000
  • Market Improvement Value: $403,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,180

    Sales

  • Current Sale Contract Date: May 23, 2014
  • Current Sale Recording Date: May 30, 2014
  • Current Sale Transaction ID: 1100101642
  • Current Sale Price: $482,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-051436
  • Previous Sale Recording Date: Nov 10, 2011
  • Previous Sale Contract Date: Nov 07, 2011
  • Previous Sale Amount: $402,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Mortgage Transaction Date: May 30, 2014
  • First Mortgage Loan Amount: $385,600
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: METLIFE HOME LOANS
  • Previous Mortgage Transaction Date: Nov 10, 2011
  • Previous Mortgage Loan Amount: $381,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2041

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Frequently Asked Questions

What neighborhood is 406 Southeast Gilham Avenue located in?
The 406 Southeast Gilham Avenue is a located in the neighborhood of Mt. Tabor in Southeast Uplift, Portland.
What is the average sales price for listings in 406 Southeast Gilham Avenue?
The average sales price for units in 406 Southeast Gilham Avenue is $0 currently.

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