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5625 Southeast 87th Avenue

5625 Southeast 87th Avenue, Portland, OR 97266
Multifamily in Lents
Refi Jun 30, 1998
Transfer
Owner
$122,000 by Interwest Mtg
Mortgage Due Jul 01, 2028
5625 Southeast 87th Avenue in Portland, OR was first built in 1982 and is 42 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5625 Southeast 87th Avenue has 2,328 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 8,277 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a attached garage. The garage is 862 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing baseboard heaters and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $7,162 in taxes per year. The property on 5625 Southeast 87th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $270,280. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Wood Siding

Parking

Garage Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 6
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 862
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 8,277
  • Total Building Area: 3,190
  • Gross Building Area: 3,190
  • Building Area: 2,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 2,328
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ABINGTON
  • Land Acres: 0.19
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: ABINGTON, LOT 1 EXC N 91, NLY 54 OF LOT 7&8

Neighborhood

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

Zoning

  • Zoning: CM2

Geography

  • Account Number: R001600130
  • Parcel: R100319
  • Block: 1
  • Lot: 1,7,8
  • Meridian: SEC 16 TWN 01S RNG 02E
  • Latitude: 45.4818
  • Longitude: -122.574

    Address

  • Full Address: 5625 Se 87th Ave
  • Address - House Number: 5625
  • Street Direction: SE
  • Address - Street Name: 87th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C056
  • 4-Digit Zip Code: 4755
  • Zip Code: 97266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,162
  • Tax Rate Code Area: 703

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 553,508
  • High Value: 650,547
  • Low Value: 456,468

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,000
  • First Open Lien Mortgage Lender: INTERWEST MTG
  • First Open Lien Mortgage Recording Date: Jun 30, 1998
  • First Open Lien Mortgage Loan Amount: $122,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2028

    Market Valuation

  • Market Total Value: $498,030
  • Market Land Value: $256,000
  • Market Improvement Value: $242,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,280

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Frequently Asked Questions

What neighborhood is 5625 Southeast 87th Avenue located in?
The 5625 Southeast 87th Avenue is a multifamily located in the neighborhood of Lents in East Portland, Portland.
What is the average sales price for listings in 5625 Southeast 87th Avenue?
The average sales price for units in 5625 Southeast 87th Avenue is $0 currently.

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