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5704 North Omaha Avenue

5704 North Omaha Avenue, Portland, OR 97217
Property in Overlook
Sold Aug 28, 2012
$100,950
$160,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2044
Sold Feb 13, 2004
$165,000
$69,200 by Wells Fargo Bank Na
Mortgage Due Feb 20, 2014
Local assessors in Portland, OR have categorized 5704 North Omaha Avenue as a residential type of property. The home was built in 1908 and is 116 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 is a single bedroom in the home. 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 5704 North Omaha Avenue has a total of 1,307 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. Do you like to entertain? The home has both a screened porch and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a bowstring truss style roof that was made of composition shingle. Lots of wood 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. 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, 5704 North Omaha Avenue sold most recently in Jun 27, 2012 for a total of $100,950. If you work out the math, that's approximately a cost of $47.19 per sqft. Before that, the property was also sold for $165,000 in Feb 1, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,081 in taxes each year. 5704 North Omaha Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $116,260. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Cedar Siding

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 832
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,139
  • Gross Building Area: 2,295
  • Building Area: 1,307
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,307
  • 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 6, LOT 1

Ownership

  • Current Owner : HINELY AREN
  • Previous Owner : LINCOLN LOAN CO
  • Owner Before Previous Owner: SOLOMON ROBERT S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R309601260
  • Parcel: R168293
  • Block: 6
  • Lot: 1
  • Meridian: SEC 16 TWN 01N RNG 01E
  • Latitude: 45.5647
  • Longitude: -122.69

    Address

  • Full Address: 5704 N Omaha Ave
  • Address - House Number: 5704
  • Street Direction: N
  • Address - Street Name: Omaha
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C014
  • 4-Digit Zip Code: 4260
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,081
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.0641
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 97
  • Final Value: 503,247
  • High Value: 535,543
  • Low Value: 470,951

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 16, 2014
  • First Open Lien Mortgage Loan Amount: $160,000
  • 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: Jun 01, 2044
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 29, 2015
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 19, 2045

    Market Valuation

  • Market Total Value: $519,670
  • Market Land Value: $292,500
  • Market Improvement Value: $227,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,260

    Sales

  • Current Sale Contract Date: Jun 27, 2012
  • Current Sale Recording Date: Aug 28, 2012
  • Current Sale Transaction ID: 1101567453
  • Current Sale Price: $100,950
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2012-107831
  • Previous Sale Recording Date: Feb 13, 2004
  • Previous Sale Contract Date: Feb 01, 2004
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Assignment Deed (or Condo Deed if Land Use = "CND")

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 13, 2004
  • Previous Mortgage Loan Amount: $69,200
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Feb 20, 2014

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Frequently Asked Questions

What neighborhood is 5704 North Omaha Avenue located in?
The 5704 North Omaha Avenue is a located in the neighborhood of Overlook in North Portland, Portland.
What is the average sales price for listings in 5704 North Omaha Avenue?
The average sales price for units in 5704 North Omaha Avenue is $0 currently.

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