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607 Northeast Monroe Street

607 Northeast Monroe Street, Portland, OR 97212
Multifamily in Eliot
Sold Jun 03, 2020
$746,150
$590,000 by Crosscountry Mortgage Llc
Mortgage Due Apr 01, 2051
Sold Jul 15, 2013
$438,500
$350,800 by Equity Home Mortgage Llc
Mortgage Due Aug 01, 2043
607 Northeast Monroe Street in Portland, OR was first built in 1888 and is 136 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 607 Northeast Monroe Street has 1,962 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 linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,250 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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 sewer system. 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 good. The exterior walls of the home are made of wood. 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 oil. The property was last sold in Jun 2, 2020 for $746,150. That's $248.80 per sqft. Prior to that sales transaction, the property was also sold in Jul 15, 2013 for $438,500. 607 Northeast Monroe Street was last assessed in 2023. The total value of the property was assessed at $176,940. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,689. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1888
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,037
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,999
  • Gross Building Area: 3,339
  • Building Area: 1,962
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,962
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ALBINA
  • Land Acres: 0.144
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ALBINA, BLOCK 11, LOT 13

Ownership

  • Current Owner : LIANG XIAO
  • Current Owner 2: YE BRANDON
  • Previous Owner : PAYNE LILLIAN H
  • Previous Owner 2: PAYNE JOHN T
  • Owner Before Previous Owner: SHIPLEY M MEGAN

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 002203

Zoning

  • Zoning: RM1

Geography

  • Account Number: R009603580
  • Parcel: R102021
  • Block: 11
  • Lot: 13
  • Meridian: SEC 26 TWN 01N RNG 01E
  • Latitude: 45.5457
  • Longitude: -122.659

    Address

  • Full Address: 607 Ne Monroe St
  • Address - House Number: 607
  • Street Direction: NE
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C032
  • 4-Digit Zip Code: 3173
  • Zip Code: 97212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,689
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.2309
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 744,049
  • High Value: 915,922
  • Low Value: 572,176

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $590,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 29, 2021
  • First Open Lien Mortgage Loan Amount: $590,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $882,400
  • Market Land Value: $518,450
  • Market Improvement Value: $363,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,940

    Sales

  • Current Sale Contract Date: Jun 02, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Transaction ID: 11762692783
  • Current Sale Price: $746,150
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-065105
  • Previous Sale Recording Date: Jul 15, 2013
  • Previous Sale Contract Date: Jul 15, 2013
  • Previous Sale Amount: $438,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Jun 03, 2020
  • First Mortgage Loan Amount: $596,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EQUITY HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jul 15, 2013
  • Previous Mortgage Loan Amount: $350,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

About Northeast Coalition of Neighborhoods



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Frequently Asked Questions

What neighborhood is 607 Northeast Monroe Street located in?
The 607 Northeast Monroe Street is a multifamily located in the neighborhood of Eliot in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 607 Northeast Monroe Street?
The average sales price for units in 607 Northeast Monroe Street is $0 currently.

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