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6524 Southeast 87th Avenue

6524 Southeast 87th Avenue, Portland, OR 97266
Property in Lents
Sold Jun 25, 2021
$420,000
$336,000 by Finance Of America Mortgage Ll
Mortgage Due Jul 01, 2051
Sold Jun 15, 2016
$150,000
6524 Southeast 87th Avenue has been categorized by the local assessors in Portland, OR as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 6524 Southeast 87th Avenue has 870 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a bowstring truss style roof made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. The property was last sold in Jun 23, 2021 for $420,000. That's $295.36 per sqft. Prior to that sales transaction, the property was also sold in Jun 14, 2016 for $150,000. 6524 Southeast 87th Avenue was last assessed in 2023. The total value of the property was assessed at $183,480. 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 $4,862. 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.

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: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 552
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,422
  • Gross Building Area: 1,422
  • Building Area: 870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 870
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MT SCOTT VIEW
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MT SCOTT VIEW, BLOCK 5, LOT 8

Ownership

  • Current Owner : JACOBS DANIEL
  • Previous Owner : CAMERON GUY R
  • Previous Owner 2: CAMERON DEBORAH S
  • Owner Before Previous Owner: LINDSEY WILLIAM R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R587701010
  • Parcel: R221802
  • Block: 5
  • Lot: 8
  • Meridian: SEC 21 TWN 01S RNG 02E
  • Latitude: 45.4753
  • Longitude: -122.574

    Address

  • Full Address: 6524 Se 87th Ave
  • Address - House Number: 6524
  • Street Direction: SE
  • Address - Street Name: 87th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C005
  • 4-Digit Zip Code: 5334
  • Zip Code: 97266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,862
  • Tax Rate Code Area: 703

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 444,169
  • High Value: 514,635
  • Low Value: 373,702

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $336,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Jun 25, 2021
  • First Open Lien Mortgage Loan Amount: $336,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $443,400
  • Market Land Value: $202,500
  • Market Improvement Value: $240,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,480

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Transaction ID: 11840797905
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-099281
  • Previous Sale Recording Date: Jun 15, 2016
  • Previous Sale Contract Date: Jun 14, 2016
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Jun 25, 2021
  • First Mortgage Loan Amount: $336,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 6524 Southeast 87th Avenue located in?
The 6524 Southeast 87th Avenue is a located in the neighborhood of Lents in East Portland, Portland.
What is the average sales price for listings in 6524 Southeast 87th Avenue?
The average sales price for units in 6524 Southeast 87th Avenue is $0 currently.

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