See Home Value
$362,140*
House - Off Market

4451 NE 87TH AVE

Portland, OR 97220
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1710 Sqft
$351,000 - $427,000
Reference Base Price*
-6.90%
Since Apr 1, 2022
OR-Portland
Primary Model
Sold Jun 01, 2022
$395,000
$387,845 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2052
Sold Oct 15, 2004
$150,000
$142,500 by Chase Manhattan Mortgage Corp
Mortgage Due Nov 01, 2034

About This Property

Cute little bungalow on a corner lot with a front porch.  Don't miss this affordable two bedroom, two bathroom home. Upstairs you will find the living room, kitchen, dining, two bedrooms, and a bathroom. In the basement there is another bonus room (with an egress window and a closet space) and a bathroom with a shower. There is also a storage area in the basement. The home has original hardwood floors and it has kept much of its original charm. The yard is fenced. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10193751]

The manager has listed the unit size as 1710 square feet.
Unit Size
1,710Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$227
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1926

Price History

Date / Event Date Event Price
Jun 1, 2022 Sold to Matthew Warren Hagen $395,000
Sold to Matthew Warren Hagen
Mar 21, 2022 No longer available -
No longer available
Nov 2, 2021 Price Decreased $389,000
↓ $10K (2.5%)
Price Decreased
Aug 5, 2021 Listed $399,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Style: Bungalow
  • 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: 650
  • Garage Type: Detached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,143
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,710
  • Gross Building Area: 1,788
  • Building Area: 1,710
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,710
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROSEWAY & PLAT 2
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSEWAY & PLAT 2, BLOCK 19, LOT 1&2 TL 100

Ownership

  • Current Owner : HAGEN MATTHEW WARREN
  • Previous Owner : JOSPIN LIVING TRUST
  • Owner Before Previous Owner: NGUYEN KIM CUC THI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parkrose School District 3
  • Census Tract: 007700

Zoning

  • Zoning: R2H

Geography

  • Account Number: R727804560
  • Parcel: R261886
  • Block: 19
  • Lot: 1,2
  • Meridian: SEC 21 TWN 01N RNG 02E
  • Latitude: 45.5553
  • Longitude: -122.574

    Address

  • Full Address: 4451 Ne 87th Ave
  • Address - House Number: 4451
  • Street Direction: NE
  • Address - Street Name: 87th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C032
  • 4-Digit Zip Code: 4901
  • Zip Code: 97220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,001
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 395,774
  • High Value: 457,225
  • Low Value: 334,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $387,845
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $387,845
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $385,000
  • Market Land Value: $176,500
  • Market Improvement Value: $208,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,360

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: Jun 01, 2022
  • Current Sale Transaction ID: 11888875200
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 55385
  • Previous Sale Recording Date: Oct 15, 2004
  • Previous Sale Contract Date: Oct 14, 2004
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 01, 2022
  • First Mortgage Loan Amount: $387,845
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 15, 2004
  • Previous Mortgage Loan Amount: $142,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2034



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
768 ft²
$456/ft²
$349,900 Jan 10, 2023
-
$203/mo
House
3 Beds
1 Bath
1,554 ft²
$235/ft²
$365,000 Jun 25, 2022
-
$266/mo
House
3 Beds
2 Baths
2,064 ft²
$160/ft²
$329,990 Jan 9, 2023
-
$241/mo

About Central Northeast Neighbors Incorporated


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Frequently Asked Questions

When was property at 4451 Northeast 87th Avenue built and last sold?
The property at 4451 Northeast 87th Avenue was built in 1926 and last sold on May 27, 2022 for $395,000.
How much is this home worth?
The estimated value of the home located at 4451 Northeast 87th Avenue is $405,467.
What are some comparable homes to 4451 Northeast 87th Avenue?
There are currently no comparable homes to 4451 Northeast 87th Avenue.

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