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5255 Northeast 15th Avenue

5255 Northeast 15th Avenue, Portland, OR 97211
Property in Vernon
Sold Jan 26, 2018
$508,000
Buyer
Seller
$406,400 by Usa Direct Funding
Mortgage Due Feb 01, 2048
Sold Aug 06, 2015
$455,000
$364,000 by Guild Mortgage Co
Mortgage Due Sep 01, 2045
5255 Northeast 15th Avenue in Portland, OR was first built in 1906 and is 118 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. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5255 Northeast 15th Avenue has 1,404 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 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 280 sqft. There is one available parking space. The condition of the building has been evaluated as good. 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. 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, 5255 Northeast 15th Avenue sold most recently in Jan 23, 2018 for a total of $508,000. If you work out the math, that's approximately a cost of $250.49 per sqft. Before that, the property was also sold for $455,000 in Jul 1, 2015. 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 $2,913 in taxes each year. 5255 Northeast 15th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $109,920. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1906
  • Effective Year Built: 1906
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 624
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,028
  • Gross Building Area: 2,028
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,404
  • Heating Fuel Type: Gas

    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 21, LOT 14

Ownership

  • Current Owner : CHEN JULIA
  • Previous Owner : REA JASON J
  • Owner Before Previous Owner: FOGARTY SEAN A

Neighborhood

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

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R860704120
  • Parcel: R295115
  • Block: 21
  • Lot: 14
  • Meridian: SEC 23 TWN 01N RNG 01E
  • Latitude: 45.5612
  • Longitude: -122.65

    Address

  • Full Address: 5255 Ne 15th Ave
  • Address - House Number: 5255
  • Street Direction: NE
  • Address - Street Name: 15th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C013
  • 4-Digit Zip Code: 4419
  • Zip Code: 97211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,913
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 635,321
  • High Value: 742,840
  • Low Value: 527,802

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $406,400
  • First Open Lien Mortgage Lender: USA DIRECT FUNDING
  • First Open Lien Mortgage Recording Date: Jan 26, 2018
  • First Open Lien Mortgage Loan Amount: $406,400
  • 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: Feb 01, 2048

    Market Valuation

  • Market Total Value: $629,920
  • Market Land Value: $326,500
  • Market Improvement Value: $303,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,920

    Sales

  • Current Sale Contract Date: Jan 23, 2018
  • Current Sale Recording Date: Jan 26, 2018
  • Current Sale Transaction ID: 11372978757
  • Current Sale Price: $508,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-009660
  • Previous Sale Recording Date: Aug 06, 2015
  • Previous Sale Contract Date: Jul 01, 2015
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USA DIRECT FUNDING
  • First Mortgage Transaction Date: Jan 26, 2018
  • First Mortgage Loan Amount: $406,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 06, 2015
  • Previous Mortgage Loan Amount: $364,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

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Frequently Asked Questions

What neighborhood is 5255 Northeast 15th Avenue located in?
The 5255 Northeast 15th Avenue is a located in the neighborhood of Vernon in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 5255 Northeast 15th Avenue?
The average sales price for units in 5255 Northeast 15th Avenue is $0 currently.

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