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5420 North Interstate Avenue

5420 North Interstate Avenue, Portland, OR 97217
Commercial in Overlook
5420 North Interstate Avenue has been categorized by the local assessors in Portland, OR as a commercial type of property. The building on the property was first built in 1979 and is 45 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5420 North Interstate Avenue has 20,903 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 32,300 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. The building has a sawtooth style roof made of asphalt and ply sheets in a built-up roof style. There is a single fireplace in the home. Perfect for those wintery 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, 5420 North Interstate Avenue sold most recently in Jun 19, 2006 for a total of $1,600,000. If you work out the math, that's approximately a cost of $74.27 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 $0 in taxes each year. 5420 North Interstate Avenue was most recently assessed in 2023. 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. 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.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

Brick Exterior

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190506
05/06/2019
Studio
-
21543 ft²
$4,999,999
bedrooms
Studio
bathrooms
-
square feet
21543 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 4
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 32,300
  • Total Building Area: 21,543
  • Gross Building Area: 21,543
  • Building Area: 21,543
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 20,903
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: M PATTONS & SUB
  • Land Acres: 0.742
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: M PATTONS & SUB, SUB N 1/2 TRACT B LOT 7 EXC PT IN ST, LOT 8 EXC PT IN ST & LOT 9&22-24

Ownership

  • Current Owner : TRILLIUM CHARTER SCHOOL
  • Previous Owner : DENNIS JEAN ANN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003501

Zoning

  • Zoning: EXD

Geography

  • Account Number: R520700150
  • Subdivision Tract Number: B
  • Parcel: R210627
  • Lot: 7
  • Meridian: SEC 22 TWN 01N RNG 01E
  • Latitude: 45.5622
  • Longitude: -122.682

    Address

  • Full Address: 5420 N Interstate Ave
  • Address - House Number: 5420
  • Street Direction: N
  • Address - Street Name: Interstate
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C015
  • 4-Digit Zip Code: 4569
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 710

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,465,000
  • First Open Lien Mortgage Lender: COLUMBIA STATE BANK
  • First Open Lien Mortgage Recording Date: Feb 22, 2021
  • First Open Lien Mortgage Loan Amount: $3,465,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2031

    Market Valuation

  • Market Total Value: $5,497,040
  • Market Land Value: $2,780,900
  • Market Improvement Value: $2,716,140

    Assessments Valuation

  • Assessed Year: 2023

    Exemptions

  • Religious Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2006
  • Current Sale Recording Date: Jun 20, 2006
  • Current Sale Transaction ID: 1101502948
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006-113452

    Last Sale Mortgage

  • First Mortgage Lender: DBA SHOREBANK ENTERPRISE PACIF
  • First Mortgage Transaction Date: Jun 20, 2006
  • First Mortgage Loan Amount: $575,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 10, 2009

About North Portland



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Frequently Asked Questions

What neighborhood is 5420 North Interstate Avenue located in?
The 5420 North Interstate Avenue is a commercial located in the neighborhood of Overlook in North Portland, Portland.
What is the average sales price for listings in 5420 North Interstate Avenue?
The average sales price for units in 5420 North Interstate Avenue is $0 currently.

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