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5126 North Commercial Avenue

5126 North Commercial Avenue, Portland, OR 97217
House in Humboldt
Sold Jul 12, 2019
$422,500
$399,475 by Rocket Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Jun 06, 1997
$81,950
$67,331 by Norwest Mtg
Mortgage Due Jun 01, 2027
5126 North Commercial Avenue in Portland, OR was first built in 1944 and is 80 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5126 North Commercial Avenue has 1,584 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. The basement is 870 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 5,227 square feet.

Learn more about the property and building on this page. The home has a gable 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 240 sqft. There is one available parking space. The condition of the building has been evaluated as fair. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5126 North Commercial Avenue sold most recently in Jul 2, 2019 for a total of $422,500. If you work out the math, that's approximately a cost of $196.15 per sqft. Before that, the property was also sold for $81,950 in May 28, 1997. 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 $2,592 in taxes each year. 5126 North Commercial Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $97,800. 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. 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. 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: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Fair
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 870
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,154
  • Gross Building Area: 2,154
  • Building Area: 1,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,584
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 22 1N 1E, TL 3900 0.12 ACRES

Ownership

  • Current Owner : HARGIS SCOTT M
  • Previous Owner : SANCHEZ TAWNA D
  • Owner Before Previous Owner: ANDERSON ALENA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003401

Zoning

  • Zoning: R1A

Geography

  • Account Number: R941220370
  • Parcel: R316100
  • Meridian: SEC 22 TWN 01N RNG 01E
  • Latitude: 45.5602
  • Longitude: -122.671

    Address

  • Full Address: 5126 N Commercial Ave
  • Address - House Number: 5126
  • Street Direction: N
  • Address - Street Name: Commercial
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C012
  • 4-Digit Zip Code: 2653
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,592
  • Tax Rate Code Area: 710

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 561,477
  • High Value: 656,071
  • Low Value: 466,882

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,475
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $399,475
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $542,600
  • Market Land Value: $320,500
  • Market Improvement Value: $222,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,800

    Sales

  • Current Sale Contract Date: Jul 02, 2019
  • Current Sale Recording Date: Jul 12, 2019
  • Current Sale Transaction ID: 11621540336
  • Current Sale Price: $422,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-071220
  • Previous Sale Recording Date: Jun 06, 1997
  • Previous Sale Contract Date: May 28, 1997
  • Previous Sale Amount: $81,950
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 12, 2019
  • First Mortgage Loan Amount: $380,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: NORWEST MTG
  • Previous Mortgage Transaction Date: Jun 06, 1997
  • Previous Mortgage Loan Amount: $67,331
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2027

About Northeast Coalition of Neighborhoods



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Frequently Asked Questions

What neighborhood is 5126 North Commercial Avenue located in?
The 5126 North Commercial Avenue is a house located in the neighborhood of Humboldt in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 5126 North Commercial Avenue?
The average sales price for units in 5126 North Commercial Avenue is $0 currently.

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