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5506 Northeast 55th Avenue

5506 Northeast 55th Avenue, Portland, OR 97218
House in Cully
5506 Northeast 55th Avenue in Portland, OR was first built in 2022 and is 2 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 5506 Northeast 55th Avenue has 911 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 2,030 square feet.

Learn more about the property and building on this page. As for heating, the home is utilizing a forced air unit. 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, 5506 Northeast 55th Avenue sold most recently in Apr 28, 2022 for a total of $709,000. If you work out the math, that's approximately a cost of $778.27 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 $8,695 in taxes each year. 5506 Northeast 55th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $328,110. 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

Condition

New Construction
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220128
01/28/2022
5 Bed
4 Bath
2266 ft²
$723,900
bedrooms
5 Bed
bathrooms
4 Bath
square feet
2266 ft²
-
-
-
Darryl Bodle
Keller Williams Realty Portland Premiere

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,030
  • Total Building Area: 911
  • Gross Building Area: 911
  • Building Area: 911
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 911
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOANNA PLACE
  • Land Acres: 0.047
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JOANNA PLACE, LOT 4

Ownership

  • Current Owner : NGUYEN BAO QUYEN HUYNH
  • Previous Owner : DEZ DEVELOPMENT LLC

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 007400

Zoning

  • Zoning: R2H

Geography

  • Account Number: R429550200
  • Parcel: R708286
  • Lot: 4
  • Latitude: 45.5634
  • Longitude: -122.606

    Address

  • Full Address: 5506 Ne 55th Ave
  • Address - House Number: 5506
  • Street Direction: NE
  • Address - Street Name: 55th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C031
  • 4-Digit Zip Code: 2428
  • Zip Code: 97218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,695
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.119
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 87
  • Final Value: 728,511
  • High Value: 815,209
  • Low Value: 641,814

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $647,200
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: May 11, 2022
  • First Open Lien Mortgage Loan Amount: $647,200
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $700,750
  • Market Land Value: $186,750
  • Market Improvement Value: $514,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,110

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Transaction ID: 11887364588
  • Current Sale Price: $709,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 48454

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: May 11, 2022
  • First Mortgage Loan Amount: $647,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

About Central Northeast Neighbors Incorporated



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Unit for rent at 3485 Ne Lombard Court, Portland, OR, 97211

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  • 2 Baths
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3485 Ne Lombard Court #3485 NE Lombard Court, Portland, OR, 97211 Listing by Manager
Unit for rent at 3957 Ne 32nd Ave, Portland, Or 97212, Portland, OR, 97212

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  • 3 Beds
  • 2 Baths
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Frequently Asked Questions

What neighborhood is 5506 Northeast 55th Avenue located in?
The 5506 Northeast 55th Avenue is a house located in the neighborhood of Cully in Central Northeast Neighbors Incorporated, Portland.
What is the average sales price for listings in 5506 Northeast 55th Avenue?
The average sales price for units in 5506 Northeast 55th Avenue is $0 currently.

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