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4415 Southeast 61st Avenue

4415 Southeast 61st Avenue, Portland, OR 97206
Multifamily in Creston - Kenilworth
Sold Jun 15, 2021
$1,999,900
$1,200,000 by Selco Community Cu
Mortgage Due Jun 15, 2051
Sold Dec 04, 2018
$375,000
$210,000 by Advanced Investment Corp
Mortgage
4415 Southeast 61st Avenue in Portland, OR was first built in 2020 and is 4 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4415 Southeast 61st Avenue has 993 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,668 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a detached garage. The garage is 288 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as fair. The exterior walls of the home are made of a material which is produced from two or more constituent materials. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4415 Southeast 61st Avenue was last sold in Jun 14, 2021 for $1,999,900. According to our calculations, that's $330.89 per sqft. Prior to that sales transaction, the property was sold for $375,000 in Nov 30, 2018. Current property owners are expected to pay $19,823 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 4415 Southeast 61st Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $748,070. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Style: Unknown
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 270
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,668
  • Total Building Area: 6,044
  • Gross Building Area: 6,044
  • Building Area: 993
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 993
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GRAY
  • Land Acres: 0.084
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: GRAY TR, LOT 5 EXC PT IN ST

Ownership

  • Current Owner : SMITH DAVID M
  • Current Owner 2: SMITH SHELLY J
  • Previous Owner : PROVISION BUILDERS LLC
  • Owner Before Previous Owner: ALPINA PROPERTIES LLC

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 000802

Zoning

  • Zoning: CM2

Geography

  • Account Number: R339000090
  • Parcel: R172622
  • Lot: 5
  • Meridian: SEC 07 TWN 01S RNG 02E
  • Latitude: 45.491
  • Longitude: -122.601

    Address

  • Full Address: 4415 Se 61st Ave
  • Address - House Number: 4415
  • Street Direction: SE
  • Address - Street Name: 61st
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C033
  • 4-Digit Zip Code: 3716
  • Zip Code: 97206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,823
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 703

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 55
  • Final Value: 265,068
  • High Value: 324,278
  • Low Value: 205,857

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: SELCO COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 15, 2051

    Market Valuation

  • Market Total Value: $2,083,980
  • Market Land Value: $201,740
  • Market Improvement Value: $1,882,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $748,070

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Transaction ID: 11839492532
  • Current Sale Price: $1,999,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-093253
  • Previous Sale Recording Date: Dec 04, 2018
  • Previous Sale Contract Date: Nov 30, 2018
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SELCO COMMUNITY CU
  • First Mortgage Transaction Date: Jun 15, 2021
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jun 15, 2051

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: ADVANCED INVESTMENT CORP
  • Previous Mortgage Transaction Date: Dec 04, 2018
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 4415 Southeast 61st Avenue located in?
The 4415 Southeast 61st Avenue is a multifamily located in the neighborhood of Creston - Kenilworth in Southeast Uplift, Portland.
What is the average sales price for listings in 4415 Southeast 61st Avenue?
The average sales price for units in 4415 Southeast 61st Avenue is $0 currently.

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