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4835 Southeast 87th Avenue

4835 Southeast 87th Avenue, Portland, OR 97266
Property in Lents
Sold Jul 20, 2022
$325,000
$127,000 by Rocket Mortgage Llc
Mortgage Due Aug 01, 2052
Sold May 10, 2022
$101,000
4835 Southeast 87th 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 1911 and is 113 years old. The home comes with a single bedroom. 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, 4835 Southeast 87th Avenue has 660 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 770 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 3,080 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 screened porch and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. The building has a bowstring truss style roof made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 4835 Southeast 87th Avenue sold most recently in Jul 19, 2022 for a total of $325,000. If you work out the math, that's approximately a cost of $295.45 per sqft. Before that, the property was also sold for $101,000 in Feb 23, 1999. 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 $3,096 in taxes each year. 4835 Southeast 87th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $116,840. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Wood Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Bedroom Count: 1
  • 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: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 440
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 3,080
  • Lot Size Depth Feet: 770
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,100
  • Gross Building Area: 1,400
  • Building Area: 660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 660
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SAGINAW HTS
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAGINAW HTS, BLOCK 18, LOT 6

Ownership

  • Current Owner : ATHENS WILLIAM W
  • Previous Owner : TRACY THORNBURG
  • Owner Before Previous Owner: GRIVA-ROY YVETTS M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 000601

Zoning

  • Zoning: R5

Geography

  • Account Number: R736803950
  • Parcel: R263613
  • Block: 18
  • Lot: 6
  • Meridian: SEC 16 TWN 01S RNG 02E
  • Latitude: 45.4874
  • Longitude: -122.574

    Address

  • Full Address: 4835 Se 87th Ave
  • Address - House Number: 4835
  • Street Direction: SE
  • Address - Street Name: 87th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C052
  • 4-Digit Zip Code: 3801
  • Zip Code: 97266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,096
  • Tax Rate Code Area: 703

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 76
  • Final Value: 318,889
  • High Value: 377,339
  • Low Value: 260,439

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 20, 2022
  • First Open Lien Mortgage Loan Amount: $127,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $292,340
  • Market Land Value: $183,500
  • Market Improvement Value: $108,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,840

    Sales

  • Current Sale Contract Date: Jul 19, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Transaction ID: 11892349346
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 70534
  • Previous Sale Recording Date: May 10, 2022
  • Previous Sale Contract Date: Feb 23, 1999
  • Previous Sale Amount: $101,000
  • Previous Sale Document Type: Re-recorded Document

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 20, 2022
  • First Mortgage Loan Amount: $127,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

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Frequently Asked Questions

What neighborhood is 4835 Southeast 87th Avenue located in?
The 4835 Southeast 87th Avenue is a located in the neighborhood of Lents in East Portland, Portland.
What is the average sales price for listings in 4835 Southeast 87th Avenue?
The average sales price for units in 4835 Southeast 87th Avenue is $0 currently.

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