See Home Value
$757,023*
House - Off Market

4805 N ALBINA AVE

Portland, OR 97217
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1834 Sqft
$585,000 - $715,000
Reference Base Price*
16.47%
Since Feb 1, 2021
OR-Portland
Primary Model
Sold Feb 24, 2023
Transfer
$1,822,200 by M&t Bank
Mortgage Due Feb 01, 2025
Sold Jan 12, 2022
$592,500
$386,750 by Community Financial Corp
Mortgage Due Jan 01, 2023

About This Property

Excellent opportunity to pick up a prime muti-unit zoned residential development property in the trendy Mississippi/Albina corridor. Buyer to do due diligence regarding all the development possibilities. House is currently mid-remodel, with much already completed. Zoned RM2, so build up to 7500sqft, or possibly more with bonuses.

The manager has listed the unit size as 1834 square feet.
Unit Size
1,834Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$354
Property Type
House
Property Taxes
$1,272
HOA Dues
-
Year Built
1906

Price History

Date / Event Date Event Price
Jan 12, 2022 Sold $592,500
Sold
Feb 17, 2021 Sold $600,000
Sold
Jan 21, 2021 No longer available -
No longer available
Oct 10, 2020 Listed $650,000
Listed
Sep 18, 1997 Sold to Howard J Willett $20,000
Sold to Howard J Willett

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 600
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,834
  • Gross Building Area: 1,834
  • Building Area: 1,834
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,234
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Vacant
  • Subdivision: CLIFFORD ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: CLIFFORD ADD, BLOCK 5, LOT 8

Ownership

  • Current Owner : EVERETT CUSTOM HOMES INC
  • Current Owner 2: WEST HILLS LAND DEVELOPMENT LLC
  • Previous Owner : EVERETT CUSTOM HOMES INC
  • Owner Before Previous Owner: WEST COAST DEVELOPMENT GROUP INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003501

Zoning

  • Zoning: RM2

Geography

  • Account Number: R163900930
  • Parcel: R135583
  • Block: 5
  • Lot: 8
  • Meridian: SEC 22 TWN 01N RNG 01E
  • Latitude: 45.5578
  • Longitude: -122.675

    Address

  • Full Address: 4805 N Albina Ave
  • Address - House Number: 4805
  • Street Direction: N
  • Address - Street Name: Albina
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C018
  • 4-Digit Zip Code: 2607
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $943
  • Tax Rate Code Area: 710

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,822,200
  • First Open Lien Mortgage Lender: M&T BANK
  • First Open Lien Mortgage Recording Date: Feb 24, 2023
  • First Open Lien Mortgage Loan Amount: $1,822,200
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2025

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $320,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,600
  • Assessed Land Value: $35,600

    Sales

  • Current Sale Contract Date: Feb 21, 2023
  • Current Sale Recording Date: Feb 24, 2023
  • Current Sale Transaction ID: 11902446994
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 10497
  • Previous Sale Recording Date: Jan 12, 2022
  • Previous Sale Contract Date: Jan 11, 2022
  • Previous Sale Amount: $592,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M&T BANK
  • First Mortgage Transaction Date: Feb 24, 2023
  • First Mortgage Loan Amount: $1,822,200
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Feb 01, 2025

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY FINANCIAL CORP
  • Previous Mortgage Transaction Date: Jan 12, 2022
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $386,750
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,728 ft²
$339/ft²
$585,000 Feb 1, 2023
-
$368/mo
House
3 Beds
2.5 Baths
1,378 ft²
$435/ft²
$599,900 Nov 14, 2022
-
$451/mo
House
3 Beds
2.5 Baths
2,348 ft²
$330/ft²
$775,000 Mar 17, 2023
-
$494/mo
House
3 Beds
2.5 Baths
2,684 ft²
$279/ft²
$750,000 Mar 3, 2023
-
$236/mo
House
3 Beds
1 Bath
2,116 ft²
$255/ft²
$539,900 Feb 9, 2023
-
$267/mo
House
4 Beds
2.5 Baths
3,128 ft²
$230/ft²
$720,000 Mar 7, 2023
-
$420/mo
Other
Loft
-
2,244 ft²
$319/ft²
$714,900 Mar 3, 2023
-
$1,756/mo

About Northeast Coalition of Neighborhoods


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Frequently Asked Questions

When was property at 4805 North Albina Avenue built and last sold?
The property at 4805 North Albina Avenue was built in 1906 and last sold on Feb 21, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 4805 North Albina Avenue is $655,682.
What are some comparable homes to 4805 North Albina Avenue?
There are currently no comparable homes to 4805 North Albina Avenue.

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