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6506 Southeast 88th Avenue

6506 Southeast 88th Avenue, Portland, OR 97266
House in Lents
Sold May 22, 2020
$325,000
Sold Jun 20, 2019
$203,000
$221,502 by Rain City Capital Of Oregon Ll
Mortgage Due Jun 13, 2020
Local assessors in Portland, OR have categorized 6506 Southeast 88th Avenue as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 4,114 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 750 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 6506 Southeast 88th Avenue has a total of 904 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 fair. The building has a bowstring truss style roof that was made of composition shingle. Lots of asbestos shingle 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6506 Southeast 88th Avenue was last sold in May 20, 2020 for $325,000. According to our calculations, that's $359.51 per sqft. Prior to that sales transaction, the property was sold for $203,000 in Jun 19, 2019. Current property owners are expected to pay $3,401 in taxes per year. The property on 6506 Southeast 88th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $128,340. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Asbestos Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Style: Unknown
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,114
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 904
  • Gross Building Area: 904
  • Building Area: 904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARTITION PLAT
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARTITION PLAT 2005-36, LOT 1

Ownership

  • Current Owner : MCLVOR MANUEL K
  • Current Owner 2: REYNOLDS HOLLY ANNE
  • Previous Owner : SPRUCE GROVE LLC
  • Owner Before Previous Owner: JULIE WARREN REVOCABLE LIVING TRUST

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 000602

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R649851410
  • Parcel: R562183
  • Lot: 1
  • Meridian: SEC 21 TWN 01S RNG 02E
  • Latitude: 45.4756
  • Longitude: -122.573

    Address

  • Full Address: 6506 Se 88th Ave
  • Address - House Number: 6506
  • Street Direction: SE
  • Address - Street Name: 88th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C005
  • 4-Digit Zip Code: 5340
  • Zip Code: 97266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,401
  • Tax Rate Code Area: 703

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 374,257
  • High Value: 439,886
  • Low Value: 308,629

    Market Valuation

  • Market Total Value: $348,210
  • Market Land Value: $205,000
  • Market Improvement Value: $143,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,340

    Sales

  • Current Sale Contract Date: May 20, 2020
  • Current Sale Recording Date: May 22, 2020
  • Current Sale Transaction ID: 11762845128
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-060440
  • Previous Sale Recording Date: Jun 20, 2019
  • Previous Sale Contract Date: Jun 19, 2019
  • Previous Sale Amount: $203,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BKCO MORTGAGE LLC
  • First Mortgage Transaction Date: May 22, 2020
  • First Mortgage Loan Amount: $314,153
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RAIN CITY CAPITAL OF OREGON LL
  • Previous Mortgage Transaction Date: Jun 20, 2019
  • Previous Mortgage Loan Amount: $221,502
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 13, 2020

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Frequently Asked Questions

What neighborhood is 6506 Southeast 88th Avenue located in?
The 6506 Southeast 88th Avenue is a house located in the neighborhood of Lents in East Portland, Portland.
What is the average sales price for listings in 6506 Southeast 88th Avenue?
The average sales price for units in 6506 Southeast 88th Avenue is $0 currently.

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