Check Availability

4889 Northwest Rainier Terrace

4889 Northwest Rainier Terrace, Portland, OR 97229
Sold May 15, 2019
$825,000
$539,200 by Provident Funding Associates L
Mortgage Due Feb 01, 2051
Sold May 05, 1998
$365,900
$285,900 by Ctx Mtg
Mortgage Due May 01, 2028
Local assessors in Portland, OR have categorized 4889 Northwest Rainier Terrace as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 12,632 square feet. 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 4889 Northwest Rainier Terrace has a total of 3,042 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 769 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable or hip style roof that was made of wood shake/ shingles. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 4889 Northwest Rainier Terrace sold most recently in May 10, 2019 for a total of $825,000. If you work out the math, that's approximately a cost of $216.48 per sqft. Before that, the property was also sold for $365,900 in Apr 30, 1998. 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 $10,212 in taxes each year. 4889 Northwest Rainier Terrace was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $580,780. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Brick Exterior / Wood Exterior
Wood Siding

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood shake/ shingles
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 769
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 3,811
  • Gross Building Area: 3,811
  • Building Area: 3,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,042
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOSA NORTH
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • State Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: BOSA NORTH, LOT 5, ACRES 0.29

Ownership

  • Current Owner : NEILL STEVEN
  • Previous Owner : CHATRATH ARJUN
  • Owner Before Previous Owner: CHAFFEY DEVELOPMENT CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Beaverton School District 48J
  • Census Tract: 031519

Zoning

  • Zoning: R-6

Geography

  • Parcel: R2065557
  • Lot: 5
  • Meridian: SEC 21 TWN 01N RNG 01W
  • Municipality: BEAVERTON
  • Latitude: 45.5548
  • Longitude: -122.826

    Address

  • Full Address: 4889 Nw Rainier Ter
  • Address - House Number: 4889
  • Street Direction: NW
  • Address - Street Name: Rainier
  • Address - Suffix Type: Ter
  • State: OR
  • City Name: Portland
  • Carrier Code: C022
  • 4-Digit Zip Code: 2361
  • Zip Code: 97229

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,212
  • Tax Rate Code Area: 051.50

    Appraisal Valuation

  • Standard Deviation: 0.1175
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 87
  • Final Value: 1,019,018
  • High Value: 1,138,771
  • Low Value: 899,265

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $539,200
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Loan Amount: $539,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone First
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $982,790
  • Market Land Value: $457,630
  • Market Improvement Value: $525,160

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $580,780

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: May 15, 2019
  • Current Sale Transaction ID: 11608494938
  • Current Sale Price: $825,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-029711
  • Previous Sale Recording Date: May 05, 1998
  • Previous Sale Contract Date: Apr 30, 1998
  • Previous Sale Amount: $365,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: May 15, 2019
  • First Mortgage Loan Amount: $484,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CTX MTG
  • Previous Mortgage Transaction Date: May 05, 1998
  • Previous Mortgage Loan Amount: $285,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2028

About Sommerset West - Elmonica North



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,750 /mo

  • 2 Beds
  • 1 Bath
  • 790 ft²
Listing by Barbara Bodnar

Frequently Asked Questions

What neighborhood is 4889 Northwest Rainier Terrace located in?
The 4889 Northwest Rainier Terrace is a house located in the neighborhood of Sommerset West - Elmonica North in Sommerset West - Elmonica North, Portland.
What is the average sales price for listings in 4889 Northwest Rainier Terrace?
The average sales price for units in 4889 Northwest Rainier Terrace is $0 currently.

Quantcast