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5555 North Boston Avenue

5555 North Boston Avenue, Portland, OR 97217
House in Overlook
Sold Jan 28, 2022
$556,000
$471,000 by Onpoint Community Credit Union
Mortgage Due Feb 01, 2052
Local assessors in Portland, OR have categorized 5555 North Boston Avenue as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 5555 North Boston Avenue has a total of 1,470 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 home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of composition shingle. Lots of metal were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5555 North Boston Avenue sold most recently in Jan 18, 2022 for a total of $556,000. If you work out the math, that's approximately a cost of $223.11 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 $4,995 in taxes each year. 5555 North Boston Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $188,490. 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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • 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: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,022
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,492
  • Gross Building Area: 2,492
  • Building Area: 1,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,470
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GAYS ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GAYS ADD, BLOCK 1, LOT 18

Ownership

  • Current Owner : GROSS JENNIFER
  • Current Owner 2: GROSS MATTHEW
  • Previous Owner : KLEIN WILLIAM D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003803

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R309600190
  • Parcel: R168194
  • Block: 1
  • Lot: 18
  • Meridian: SEC 16 TWN 01N RNG 01E
  • Latitude: 45.5636
  • Longitude: -122.692

    Address

  • Full Address: 5555 N Boston Ave
  • Address - House Number: 5555
  • Street Direction: N
  • Address - Street Name: Boston
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C014
  • 4-Digit Zip Code: 4238
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,995
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 593,705
  • High Value: 694,129
  • Low Value: 493,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $471,000
  • First Open Lien Mortgage Lender: ONPOINT COMMUNITY CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jan 28, 2022
  • First Open Lien Mortgage Loan Amount: $471,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $610,940
  • Market Land Value: $295,000
  • Market Improvement Value: $315,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,490

    Sales

  • Current Sale Contract Date: Jan 18, 2022
  • Current Sale Recording Date: Jan 28, 2022
  • Current Sale Transaction ID: 11878693871
  • Current Sale Price: $556,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 10571

    Last Sale Mortgage

  • First Mortgage Lender: ONPOINT COMMUNITY CREDIT UNION
  • First Mortgage Transaction Date: Jan 28, 2022
  • First Mortgage Loan Amount: $471,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

About North Portland



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Nearby Rentals

Unit for rent at

$2,695 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Manager
Unit for rent at

$2,650 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
Listing by Manager
Unit for rent at

$2,595 /mo

  • 2 Beds
  • 2 Baths
  • 1,960 ft²
Listing by Manager
Unit for rent at

$2,575 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,654 ft²
Listing by Manager
Unit for rent at

$2,645 /mo

  • 3 Beds
  • 1 Bath
  • 1,534 ft²
Listing by Manager
Unit for rent at

$2,395 /mo

  • 2 Beds
  • 1 Bath
  • 973 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5555 North Boston Avenue located in?
The 5555 North Boston Avenue is a house located in the neighborhood of Overlook in North Portland, Portland.
What is the average sales price for listings in 5555 North Boston Avenue?
The average sales price for units in 5555 North Boston Avenue is $0 currently.

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