516 Northeast 56th Avenue

Local assessors in Portland, OR have categorized 516 Northeast 56th Avenue as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 1,151 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a row home style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 516 Northeast 56th Avenue has a total of 758 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. The home's a forced air unit is the primary heating source. 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, 516 Northeast 56th Avenue was last sold in Jan 13, 2022 for $593,750. According to our calculations, that's $783.31 per sqft. Current property owners are expected to pay $7,196 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 516 Northeast 56th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $271,560. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.