Check Availability

5125 Northeast 24th Avenue

5125 Northeast 24th Avenue, Portland, OR 97211
House in Concordia
Sold Nov 29, 2018
$422,000
$341,548 by Better Mortgage Corporation
Mortgage Due Jul 01, 2051
5125 Northeast 24th Avenue in Portland, OR was first built in 1910 and is 114 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5125 Northeast 24th Avenue has 1,088 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. The home has a steel frame or truss style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 180 sqft. There is one available parking space. The condition of the building has been evaluated as average. The exterior walls of the home are made of metal. As for heating, the home is utilizing a gravity heating system and 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, 5125 Northeast 24th Avenue sold most recently in Nov 28, 2018 for a total of $422,000. If you work out the math, that's approximately a cost of $206.86 per sqft. 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 $2,443 in taxes each year. 5125 Northeast 24th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $92,180. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Style: Unknown
  • Exterior Walls Type: Metal
  • Roof Shape Type: Steel frame or truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 952
  • Garage Type: Detached
  • Garage Square Area: 180
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 1,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 1,088
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VERNON
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VERNON, BLOCK 33, LOT 15

Ownership

  • Current Owner : MEHROTRA ROJ KUMAR
  • Current Owner 2: MEHROTRA BONITA FAYE
  • Previous Owner : JOHNSON BILLIE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003200

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R860706020
  • Parcel: R295290
  • Block: 33
  • Lot: 15
  • Meridian: SEC 23 TWN 01N RNG 01E
  • Latitude: 45.56
  • Longitude: -122.641

    Address

  • Full Address: 5125 Ne 24th Ave
  • Address - House Number: 5125
  • Street Direction: NE
  • Address - Street Name: 24th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C005
  • 4-Digit Zip Code: 6308
  • Zip Code: 97211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,443
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 549,188
  • High Value: 641,985
  • Low Value: 456,392

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $341,548
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $341,548
  • 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: $549,380
  • Market Land Value: $327,500
  • Market Improvement Value: $221,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,180

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 28, 2018
  • Current Sale Recording Date: Nov 29, 2018
  • Current Sale Transaction ID: 11538350616
  • Current Sale Price: $422,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-122714

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Nov 29, 2018
  • First Mortgage Loan Amount: $337,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

About Northeast Coalition of Neighborhoods



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4621 Ne 33rd Ave, PORTLAND, OR, 97211

$2,295 /mo

  • 2 Beds
  • 1 Bath
  • 1,027 ft²
4621 Ne 33rd Ave #4621 NE 33RD AVE, PORTLAND, OR, 97211 Listing by Manager
Unit for rent at 4563 Ne 47th Ave, Portland, OR, 97218

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
4563 Ne 47th Ave #4563 NE 47th Ave Unit B, Portland, OR, 97218 Listing by Manager
Unit for rent at 1603 Ne 16th Avenue, Portland, OR, 97232

$2,333 /mo

  • Studio
  • 1 Bath
  • 1,400 ft²
1603 Ne 16th Avenue #1603 NE 16th Avenue Suite A, Portland, OR, 97232 Listing by Manager
Unit for rent at 732 Ne Prescott, Portland, OR, 97212

$2,195 /mo

  • 1 Bed
  • 1 Bath
  • 1,250 ft²
732 Ne Prescott #732 NE Prescott Street Unit 2, Portland, OR, 97212 Listing by Manager
Unit for rent at 909 Ne Oneonta St, Portland, OR, 97211

$2,095 /mo

  • 2 Beds
  • 2 Baths
  • 955 ft²
909 Ne Oneonta St #909 NE Oneonta St #301, Portland, OR, 97211 Listing by Manager
Unit for rent at 5518 N Haight Avenue, Portland, OR, 97217

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
5518 N Haight Avenue #5518 N Haight Avenue, Portland, OR, 97217 Listing by Manager
Unit for rent at 7134 Ne Martin Luther King Jr. Blvd., Portland, OR, 97211

$2,295 /mo

  • 2 Beds
  • 1 Bath
  • 1,461 ft²
7134 Ne Martin Luther King Jr. Blvd. #7134 NE Martin Luther King Jr. Blvd., Portland, OR, 97211 Listing by Manager

Frequently Asked Questions

What neighborhood is 5125 Northeast 24th Avenue located in?
The 5125 Northeast 24th Avenue is a house located in the neighborhood of Concordia in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 5125 Northeast 24th Avenue?
The average sales price for units in 5125 Northeast 24th Avenue is $0 currently.

Quantcast