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6550 Southeast 87th Avenue

6550 Southeast 87th Avenue, Portland, OR 97266
House in Lents
Sold Nov 22, 2019
$330,000
$242,552 by Better Mortgage Corporation
Mortgage Due Mar 01, 2051
Sold Apr 21, 2004
$172,000
$137,600 by Fremont Investment & Loan
Mortgage Due May 01, 2034
Local assessors in Portland, OR have categorized 6550 Southeast 87th Avenue as a residential type of property. The home was built in 1914 and is 110 years old. The property's lot size has been calculated to be 7,150 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 650 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 are 0 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 3 partial bathrooms. 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 6550 Southeast 87th Avenue has a total of 2,152 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,032 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a screened porch and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of composition shingle. Lots of wood 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 and it is being fueled with gas. 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, 6550 Southeast 87th Avenue was last sold in Nov 13, 2019 for $330,000. According to our calculations, that's $138.42 per sqft. Prior to that sales transaction, the property was sold for $172,000 in Apr 8, 2004. Current property owners are expected to pay $5,740 in taxes per year. The property on 6550 Southeast 87th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $216,600. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Wood Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,032
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,384
  • Gross Building Area: 2,584
  • Building Area: 2,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,152
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MT SCOTT VIEW
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MT SCOTT VIEW, BLOCK 5, LOT 6, S 15 OF LOT 7

Ownership

  • Current Owner : JENSVOLD BRIAN C
  • Previous Owner : HUTCHINSON RUSSELL
  • Previous Owner 2: HUTCHINSON ANGELIQUE
  • Owner Before Previous Owner: KRAMER CHRISTOPHER WAYNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2.5A

Geography

  • Account Number: R587700970
  • Parcel: R221800
  • Block: 5
  • Lot: 6,7
  • Meridian: SEC 21 TWN 01S RNG 02E
  • Latitude: 45.475
  • Longitude: -122.574

    Address

  • Full Address: 6550 Se 87th Ave
  • Address - House Number: 6550
  • 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: $5,740
  • Tax Rate Code Area: 703

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 469,934
  • High Value: 552,340
  • Low Value: 387,528

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,552
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $242,552
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $458,780
  • Market Land Value: $233,500
  • Market Improvement Value: $225,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,600

    Sales

  • Current Sale Contract Date: Nov 13, 2019
  • Current Sale Recording Date: Nov 22, 2019
  • Current Sale Transaction ID: 11679818415
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-127483
  • Previous Sale Recording Date: Apr 21, 2004
  • Previous Sale Contract Date: Apr 08, 2004
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 22, 2019
  • First Mortgage Loan Amount: $247,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FREMONT INVESTMENT & LOAN
  • Previous Mortgage Transaction Date: Apr 21, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $137,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2034

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Frequently Asked Questions

What neighborhood is 6550 Southeast 87th Avenue located in?
The 6550 Southeast 87th Avenue is a house located in the neighborhood of Lents in East Portland, Portland.
What is the average sales price for listings in 6550 Southeast 87th Avenue?
The average sales price for units in 6550 Southeast 87th Avenue is $0 currently.

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