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5705 Northeast 25th Avenue

5705 Northeast 25th Avenue, Portland, OR 97211
House in Concordia
Sold Nov 02, 2018
$639,000
$560,500 by Umpqua Bank
Mortgage Due Dec 01, 2051
Sold Aug 24, 2017
$519,000
$415,000 by Cmg Financial
Mortgage Due Sep 01, 2047
5705 Northeast 25th Avenue in Portland, OR was first built in 1941 and is 83 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 bungalow style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5705 Northeast 25th Avenue has 1,791 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. The basement is 867 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 5,000 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 detached garage. The garage is 280 sqft. There is one available parking space. The condition of the building has been evaluated as average. The exterior walls of the home are made of metal. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5705 Northeast 25th Avenue sold most recently in Nov 1, 2018 for a total of $639,000. If you work out the math, that's approximately a cost of $243.61 per sqft. Before that, the property was also sold for $519,000 in Aug 23, 2017. 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 $6,148 in taxes each year. 5705 Northeast 25th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $232,030. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Style: Bungalow
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 867
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,623
  • Gross Building Area: 2,623
  • Building Area: 1,791
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,791
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: IRVINGTON PK
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IRVINGTON PK, BLOCK 15, LOT 14&16

Ownership

  • Current Owner : LUNDIN STEPHANIE ANN
  • Previous Owner : TOMLIN PAMELA
  • Owner Before Previous Owner: REINISCH LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003602

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R421304220
  • Parcel: R189942
  • Block: 15
  • Lot: 14,16
  • Meridian: SEC 13 TWN 01N RNG 01E
  • Latitude: 45.5639
  • Longitude: -122.641

    Address

  • Full Address: 5705 Ne 25th Ave
  • Address - House Number: 5705
  • Street Direction: NE
  • Address - Street Name: 25th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C014
  • 4-Digit Zip Code: 6107
  • Zip Code: 97211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,148
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 734,252
  • High Value: 858,514
  • Low Value: 609,990

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $660,500
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Loan Amount: $560,500
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: ONPOINT COMMUNITY CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 06, 2023
  • Second Open Lien Mortgage Loan Amount: $100,000
  • 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: Oct 04, 2053

    Market Valuation

  • Market Total Value: $690,910
  • Market Land Value: $295,000
  • Market Improvement Value: $395,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,030

    Sales

  • Current Sale Contract Date: Nov 01, 2018
  • Current Sale Recording Date: Nov 02, 2018
  • Current Sale Transaction ID: 11528021168
  • Current Sale Price: $639,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-113954
  • Previous Sale Recording Date: Aug 24, 2017
  • Previous Sale Contract Date: Aug 23, 2017
  • Previous Sale Amount: $519,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Nov 02, 2018
  • First Mortgage Loan Amount: $575,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CMG FINANCIAL
  • Previous Mortgage Transaction Date: Aug 24, 2017
  • Previous Mortgage Loan Amount: $415,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

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Frequently Asked Questions

What neighborhood is 5705 Northeast 25th Avenue located in?
The 5705 Northeast 25th Avenue is a house located in the neighborhood of Concordia in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 5705 Northeast 25th Avenue?
The average sales price for units in 5705 Northeast 25th Avenue is $0 currently.

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