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5212 Southeast 87th Avenue

5212 Southeast 87th Avenue, Portland, OR 97266
House in Lents
Sold Apr 08, 2020
$320,066
$314,268 by Directors Mortgage Inc
Mortgage Due May 01, 2050
Sold May 24, 2017
$213,000
Seller
$170,400 by Bradley Lubin
Mortgage Due Dec 01, 2017
5212 Southeast 87th 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 1915 and is 109 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, 5212 Southeast 87th Avenue has 1,050 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,170 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,700 square feet.

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 both a screened porch and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. The property was last sold in Mar 31, 2020 for $320,066. That's $168.46 per sqft. Prior to that sales transaction, the property was also sold in May 24, 2017 for $213,000. 5212 Southeast 87th Avenue was last assessed in 2023. The total value of the property was assessed at $149,580. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,964. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • 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: 850
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 4,700
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,900
  • Gross Building Area: 1,900
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,050
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RAYBURN PK
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAYBURN PK, BLOCK 6, LOT 12

Ownership

  • Current Owner : SMALL DANIEL
  • Current Owner 2: SMALL CATHERINE
  • Previous Owner : FAST JENNIFER L
  • Previous Owner 2: FAST LAE L
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 000601

Zoning

  • Zoning: R5

Geography

  • Account Number: R691801290
  • Parcel: R252831
  • Block: 6
  • Lot: 12
  • Meridian: SEC 16 TWN 01S RNG 02E
  • Latitude: 45.4851
  • Longitude: -122.573

    Address

  • Full Address: 5212 Se 87th Ave
  • Address - House Number: 5212
  • Street Direction: SE
  • Address - Street Name: 87th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C052
  • 4-Digit Zip Code: 3810
  • Zip Code: 97266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,964
  • Tax Rate Code Area: 703

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 399,111
  • High Value: 469,097
  • Low Value: 329,124

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $314,268
  • First Open Lien Mortgage Lender: DIRECTORS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 08, 2020
  • First Open Lien Mortgage Loan Amount: $314,268
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $382,330
  • Market Land Value: $202,500
  • Market Improvement Value: $179,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,580

    Sales

  • Current Sale Contract Date: Mar 31, 2020
  • Current Sale Recording Date: Apr 08, 2020
  • Current Sale Transaction ID: 11754719859
  • Current Sale Price: $320,066
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-041726
  • Previous Sale Recording Date: May 24, 2017
  • Previous Sale Contract Date: May 24, 2017
  • Previous Sale Amount: $213,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIRECTORS MORTGAGE INC
  • First Mortgage Transaction Date: Apr 08, 2020
  • First Mortgage Loan Amount: $314,268
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BRADLEY LUBIN
  • Previous Mortgage Transaction Date: May 24, 2017
  • Previous Mortgage Loan Amount: $170,400
  • Previous Mortgage Term: 6
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2017

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Frequently Asked Questions

What neighborhood is 5212 Southeast 87th Avenue located in?
The 5212 Southeast 87th Avenue is a house located in the neighborhood of Lents in East Portland, Portland.
What is the average sales price for listings in 5212 Southeast 87th Avenue?
The average sales price for units in 5212 Southeast 87th Avenue is $0 currently.

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