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4516 Northeast 55th Avenue

4516 Northeast 55th Avenue, Portland, OR 97218
Property in Cully
Sold Jul 10, 2012
$158,500
$150,000 by Umpqua Bank
Mortgage Due May 01, 2047
Sold Oct 21, 2009
$105,000
$65,000 by Spencer Investments Llc
Mortgage Due Oct 16, 2014
4516 Northeast 55th 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 1943 and is 81 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4516 Northeast 55th Avenue has 826 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 1,030 ft and across the front of the lot is 450 ft. The area measurement of the land has been determined as 4,635 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. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. In terms of heating, it is utilizing baseboard heaters and being fueled with oil. Finally, the property is currently sourcing its water from a water system. The property was last sold in Jun 23, 2012 for $158,500. That's $191.89 per sqft. Prior to that sales transaction, the property was also sold in Oct 16, 2009 for $105,000. 4516 Northeast 55th Avenue was last assessed in 2023. The total value of the property was assessed at $93,600. 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 $2,480. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • 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: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,635
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 450
  • Total Building Area: 826
  • Gross Building Area: 896
  • Building Area: 826
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 826
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HURLEY AC
  • Land Acres: 0.106
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HURLEY AC, BLOCK 2, S 45 OF N 140 OF LOT 7

Ownership

  • Current Owner : MUELLER ANNE E
  • Previous Owner : MARECHAUSSEE LLC
  • Owner Before Previous Owner: SPENCER INVESTMENTS LLC
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 007500

Zoning

  • Zoning: R7

Geography

  • Account Number: R410400650
  • Parcel: R185388
  • Block: 2
  • Lot: 7
  • Meridian: SEC 19 TWN 01N RNG 02E
  • Latitude: 45.5558
  • Longitude: -122.607

    Address

  • Full Address: 4516 Ne 55th Ave
  • Address - House Number: 4516
  • Street Direction: NE
  • Address - Street Name: 55th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C013
  • 4-Digit Zip Code: 2522
  • Zip Code: 97218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,480
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 464,993
  • High Value: 578,781
  • Low Value: 351,205

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: Apr 25, 2017
  • 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: May 01, 2047

    Market Valuation

  • Market Total Value: $331,940
  • Market Land Value: $237,500
  • Market Improvement Value: $94,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,600

    Sales

  • Current Sale Contract Date: Jun 23, 2012
  • Current Sale Recording Date: Jul 10, 2012
  • Current Sale Transaction ID: 1100641885
  • Current Sale Price: $158,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012-083666
  • Previous Sale Recording Date: Oct 21, 2009
  • Previous Sale Contract Date: Oct 16, 2009
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARK MUELLER ETUX
  • First Mortgage Transaction Date: Jul 10, 2012
  • First Mortgage Loan Amount: $158,500
  • First Mortgage Terms: 77
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 15, 2019

    Previous Mortgages

  • Previous Mortgage Lender: SPENCER INVESTMENTS LLC
  • Previous Mortgage Transaction Date: Oct 21, 2009
  • Previous Mortgage Loan Amount: $65,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Oct 16, 2014

About Central Northeast Neighbors Incorporated



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Frequently Asked Questions

What neighborhood is 4516 Northeast 55th Avenue located in?
The 4516 Northeast 55th Avenue is a located in the neighborhood of Cully in Central Northeast Neighbors Incorporated, Portland.
What is the average sales price for listings in 4516 Northeast 55th Avenue?
The average sales price for units in 4516 Northeast 55th Avenue is $0 currently.

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