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4624 North Commercial Avenue

4624 North Commercial Avenue, Portland, OR 97217
House in Humboldt
Sold Jun 08, 2021
$600,000
$540,000 by Umpqua Bank
Mortgage Due Jul 01, 2051
Sold Sep 18, 2018
$419,500
$335,600 by Guild Mortgage Co
Mortgage Due Jul 08, 2022
Local assessors in Portland, OR have categorized 4624 North Commercial Avenue as a residential type of property. The home was built in 1906 and is 118 years old. The property's lot size has been calculated to be 5,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4624 North Commercial Avenue has a total of 1,336 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a bowstring truss style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. 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, 4624 North Commercial Avenue sold most recently in Jun 3, 2021 for a total of $600,000. If you work out the math, that's approximately a cost of $326.80 per sqft. Before that, the property was also sold for $419,500 in Sep 17, 2018. 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 $2,304 in taxes each year. 4624 North Commercial Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $86,960. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1906
  • Effective Year Built: 1906
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 500
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,836
  • Gross Building Area: 1,836
  • Building Area: 1,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,336
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CENTRAL ALBINA ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CENTRAL ALBINA ADD, BLOCK 13, LOT 8

Ownership

  • Current Owner : DAHL MADISON SAMANTHA
  • Current Owner 2: LOOS RYAN KENDRICK
  • Previous Owner : MARKS DYLAN WALKER
  • Owner Before Previous Owner: RANDALL CHRISTOPHER P
  • Owner Before Previous Owner 2: MEYER MICHAEL F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003401

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R147001650
  • Parcel: R131480
  • Block: 13
  • Lot: 8
  • Meridian: SEC 22 TWN 01N RNG 01E
  • Latitude: 45.5564
  • Longitude: -122.671

    Address

  • Full Address: 4624 N Commercial Ave
  • Address - House Number: 4624
  • Street Direction: N
  • Address - Street Name: Commercial
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C012
  • 4-Digit Zip Code: 3068
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,304
  • Tax Rate Code Area: 710

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 628,810
  • High Value: 723,078
  • Low Value: 534,542

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,000
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: Jun 08, 2021
  • First Open Lien Mortgage Loan Amount: $540,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $593,820
  • Market Land Value: $322,500
  • Market Improvement Value: $271,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,960

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Transaction ID: 11837774988
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-088646
  • Previous Sale Recording Date: Sep 18, 2018
  • Previous Sale Contract Date: Sep 17, 2018
  • Previous Sale Amount: $419,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Jun 08, 2021
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE CO
  • Previous Mortgage Transaction Date: Sep 18, 2018
  • Previous Mortgage Loan Amount: $335,600
  • Previous Mortgage Term: 45
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 08, 2022

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Frequently Asked Questions

What neighborhood is 4624 North Commercial Avenue located in?
The 4624 North Commercial Avenue is a house located in the neighborhood of Humboldt in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 4624 North Commercial Avenue?
The average sales price for units in 4624 North Commercial Avenue is $0 currently.

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