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5437 Southeast 87th Avenue

5437 Southeast 87th Avenue, Portland, OR 97266
Property in Lents
Sold Aug 20, 2015
$188,000
$141,000 by Flagstar Bank Fsb
Mortgage Due Sep 01, 2045
Local assessors in Portland, OR have categorized 5437 Southeast 87th Avenue as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 5,519 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5437 Southeast 87th Avenue has a total of 1,560 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 building has a roof that is made of composition shingle. The home's baseboard heaters is the primary heating source and it is being fueled with oil. The property was last sold in Mar 19, 2015 for $188,000. That's $120.51 per sqft. 5437 Southeast 87th Avenue was last assessed in 2023. The total value of the property was assessed at $140,750. 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 $3,730. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Style: Unknown
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,519
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,560
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAYBURN PK
  • Land Acres: 0.127
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: RAYBURN PK, BLOCK 3, LOT 5&6 TL 4801

Ownership

  • Current Owner : SU HONG ZHENG
  • Previous Owner : VANGORDON RYAN SCOTT

Neighborhood

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

Zoning

  • Zoning: RM1

Geography

  • Account Number: R691800570
  • Parcel: R636449
  • Block: 3
  • Lot: 5,6
  • Meridian: SEC 16 TWN 01S RNG 02E
  • Latitude: 45.4829
  • Longitude: -122.574

    Address

  • Full Address: 5437 Se 87th Ave
  • Address - House Number: 5437
  • Street Direction: SE
  • Address - Street Name: 87th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C056
  • 4-Digit Zip Code: 4764
  • Zip Code: 97266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,730
  • Tax Rate Code Area: 703

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 403,446
  • High Value: 473,361
  • Low Value: 333,531

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $141,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Aug 20, 2015
  • First Open Lien Mortgage Loan Amount: $141,000
  • 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: Sep 01, 2045

    Market Valuation

  • Market Total Value: $390,850
  • Market Land Value: $204,000
  • Market Improvement Value: $186,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,750

    Sales

  • Current Sale Contract Date: Mar 19, 2015
  • Current Sale Recording Date: Aug 20, 2015
  • Current Sale Transaction ID: 1258006871
  • Current Sale Price: $188,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-107742

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Aug 20, 2015
  • First Mortgage Loan Amount: $141,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2045

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Frequently Asked Questions

What neighborhood is 5437 Southeast 87th Avenue located in?
The 5437 Southeast 87th Avenue is a located in the neighborhood of Lents in East Portland, Portland.
What is the average sales price for listings in 5437 Southeast 87th Avenue?
The average sales price for units in 5437 Southeast 87th Avenue is $0 currently.

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