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624 Northwest 22nd Avenue

624 Northwest 22nd Avenue, Portland, OR 97210
Multifamily in Northwest District
Sold Oct 22, 2020
$1,050,000
$880,000 by Fay Servicing Llc
Mortgage
Sold Jul 30, 2019
$950,000
$950,000 by William L Gamble
Mortgage Due Jul 30, 2028
Local assessors in Portland, OR have categorized 624 Northwest 22nd Avenue as a residential type of property. The home was built in 1888 and is 136 years old. The property's lot size has been calculated to be 4,000 square feet. 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 are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 624 Northwest 22nd Avenue has a total of 2,410 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. The home's a gravity heating system is the primary heating source and it is being fueled with oil. The property was last sold in Oct 21, 2020 for $1,050,000. That's $292.81 per sqft. Prior to that sales transaction, the property was also sold in Jul 25, 2019 for $950,000. 624 Northwest 22nd Avenue was last assessed in 2023. The total value of the property was assessed at $585,610. 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 $15,503. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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

Parking

Paved 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: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,176
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 3,586
  • Gross Building Area: 3,586
  • Building Area: 2,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 2,410
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KINGS 2ND ADD
  • Land Acres: 0.092
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: KINGS 2ND ADD, BLOCK 11, N 40 OF LOT 16

Ownership

  • Current Owner : SHEPARD CONSULTANT LLC
  • Previous Owner : WLGDAUGHTERS LLC
  • Owner Before Previous Owner: PRIDE ELIZABETH L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 004800

Zoning

  • Zoning: RM3

Geography

  • Account Number: R452301990
  • Parcel: R198508
  • Block: 11
  • Lot: 16
  • Meridian: SEC 33 TWN 01N RNG 01E
  • Latitude: 45.5274
  • Longitude: -122.696

    Address

  • Full Address: 624 Nw 22nd Ave
  • Address - House Number: 624
  • Street Direction: NW
  • Address - Street Name: 22nd
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C006
  • 4-Digit Zip Code: 3295
  • Zip Code: 97210

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,503
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 1,107,848
  • High Value: 1,363,145
  • Low Value: 852,552

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $880,000
  • First Open Lien Mortgage Lender: FAY SERVICING LLC
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $880,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,051,140
  • Market Land Value: $415,500
  • Market Improvement Value: $635,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $585,610

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11793401985
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-139239
  • Previous Sale Recording Date: Jul 30, 2019
  • Previous Sale Contract Date: Jul 25, 2019
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WLGDAUGHTERS LLC
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $840,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2023

    Previous Mortgages

  • Previous Mortgage Lender: WILLIAM L GAMBLE
  • Previous Mortgage Transaction Date: Jul 30, 2019
  • Previous Mortgage Loan Amount: $950,000
  • Previous Mortgage Term: 107
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 30, 2028

About Neighbors West - Northwest



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Frequently Asked Questions

What neighborhood is 624 Northwest 22nd Avenue located in?
The 624 Northwest 22nd Avenue is a multifamily located in the neighborhood of Northwest District in Neighbors West - Northwest, Portland.
What is the average sales price for listings in 624 Northwest 22nd Avenue?
The average sales price for units in 624 Northwest 22nd Avenue is $0 currently.

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