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5616 North Omaha Avenue

5616 North Omaha Avenue, Portland, OR 97217
House in Overlook
Sold Jan 22, 2020
$312,500
$309,000 by First Republic Bank
Mortgage Due Mar 01, 2051
Nearby Listings
The property has no active listings. Please see other similar options below.
Unit for sale at 2621 N SUMNER ST, Portland, OR 97217

$775,000

  • 3 Beds
  • 2 Baths
  • 2,001 ft²
2621 N SUMNER ST, Portland, OR 97217 Listing by Ellen Leedy

Unit for sale at 6181 N CAMPBELL AVE, Portland, OR 97217

$1,599,900

  • Loft
  • 3,355 ft²
6181 N CAMPBELL AVE, Portland, OR 97217 Listing by Darryl Bodle

Unit for sale at 5816 N ATLANTIC AVE, Portland, OR 97217

$535,000

  • 3 Beds
  • 1 Bath
  • 1,580 ft²
5816 N ATLANTIC AVE, Portland, OR 97217 Listing by Beth Benner

5616 North Omaha Avenue has been categorized by the local assessors in Portland, OR as a residential type of property. The building on the property was first built in 1922 and is 102 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5616 North Omaha Avenue has 1,406 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 540 ft. The area measurement of the land has been determined as 5,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 216 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a gravity heating system and being fueled with oil. Finally, the property is currently sourcing its water from a water system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 5616 North Omaha Avenue sold most recently in Dec 20, 2019 for a total of $312,500. If you work out the math, that's approximately a cost of $142.96 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 $4,202 in taxes each year. 5616 North Omaha Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $158,560. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1922
  • Effective Year Built: 1922
  • 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: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 780
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,186
  • Gross Building Area: 2,186
  • Building Area: 1,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 1,406
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GAYS ADD
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GAYS ADD, BLOCK 5, LOT 8, S 4 OF LOT 9

Ownership

  • Current Owner : STALEY CHRIS
  • Previous Owner : THOMPSON ROBERT B
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R309601080
  • Parcel: R168276
  • Block: 5
  • Lot: 8,9
  • Meridian: SEC 16 TWN 01N RNG 01E
  • Latitude: 45.5639
  • Longitude: -122.69

    Address

  • Full Address: 5616 N Omaha Ave
  • Address - House Number: 5616
  • Street Direction: N
  • Address - Street Name: Omaha
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C014
  • 4-Digit Zip Code: 4258
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,202
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 505,911
  • High Value: 594,824
  • Low Value: 416,997

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $309,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Feb 05, 2021
  • First Open Lien Mortgage Loan Amount: $309,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $542,670
  • Market Land Value: $295,000
  • Market Improvement Value: $247,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,560

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Jan 22, 2020
  • Current Sale Transaction ID: 11719281982
  • Current Sale Price: $312,500
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 2019-008154

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Frequently Asked Questions

What neighborhood is 5616 North Omaha Avenue located in?
The 5616 North Omaha Avenue is a house located in the neighborhood of Overlook in North Portland, Portland.
What is the average sales price for listings in 5616 North Omaha Avenue?
The average sales price for units in 5616 North Omaha Avenue is $0 currently.

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