Check Availability

4950 Northeast 7th Avenue

4950 Northeast 7th Avenue, Portland, OR 97211
Property in King
Sold Oct 21, 2020
$3,830,000
Sold Oct 18, 2013
$239,900
$1,483,000 by Riverwood Llc
Mortgage Due Oct 12, 2014
4950 Northeast 7th 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 2018 and is 6 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, 4950 Northeast 7th Avenue has 11,266 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,524 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 a unknown. 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 a forced air unit and being fueled with oil. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4950 Northeast 7th Avenue was last sold in Oct 16, 2020 for $3,830,000. According to our calculations, that's $339.96 per sqft. Prior to that sales transaction, the property was sold for $239,900 in Oct 11, 2013. Current property owners are expected to pay $36,265 in taxes per year. The property on 4950 Northeast 7th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,368,540. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 832
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,524
  • Total Building Area: 11,266
  • Gross Building Area: 11,266
  • Building Area: 11,266
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 11,266
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LESHS ADD
  • Land Acres: 0.127
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LESHS ADD, BLOCK 4, S 5.8 OF LOT 1 EXC PT IN ST, LOT 2 EXC PT IN ST

Ownership

  • Current Owner : J E M S CORP
  • Previous Owner : RIVERWOOD NW PROPERTIES LLC
  • Owner Before Previous Owner: COAST JANITORIAL SERVICE INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003301

Zoning

  • Zoning: CGH

Geography

  • Account Number: R491800810
  • Parcel: R206412
  • Block: 4
  • Lot: 1,2
  • Meridian: SEC 23 TWN 01N RNG 01E
  • Latitude: 45.5588
  • Longitude: -122.658

    Address

  • Full Address: 4950 Ne 7th Ave
  • Address - House Number: 4950
  • Street Direction: NE
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C022
  • 4-Digit Zip Code: 3994
  • Zip Code: 97211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $36,265
  • Tax Rate Code Area: 710

    Market Valuation

  • Market Total Value: $4,157,300
  • Market Land Value: $718,120
  • Market Improvement Value: $3,439,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,368,540

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Transaction ID: 11793539758
  • Current Sale Price: $3,830,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-138220
  • Previous Sale Recording Date: Oct 18, 2013
  • Previous Sale Contract Date: Oct 11, 2013
  • Previous Sale Amount: $239,900
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTREET BANK
  • First Mortgage Transaction Date: Oct 21, 2020
  • First Mortgage Loan Amount: $2,680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: RIVERWOOD LLC
  • Previous Mortgage Transaction Date: Oct 18, 2013
  • Previous Mortgage Loan Amount: $1,483,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 12, 2014

About Northeast Coalition of Neighborhoods



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4950 Northeast 7th Avenue located in?
The 4950 Northeast 7th Avenue is a located in the neighborhood of King in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 4950 Northeast 7th Avenue?
The average sales price for units in 4950 Northeast 7th Avenue is $0 currently.

Quantcast