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7025 North Burrage Avenue

7025 North Burrage Avenue, Portland, OR 97217
Property in Arbor Lodge
Sold Oct 25, 2021
$500,000
$400,000 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2051
Sold Apr 21, 1999
$131,500
$118,350 by Mortgage Mart Inc
Mortgage Due May 01, 2029
7025 North Burrage Avenue in Portland, OR was first built in 1925 and is 99 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 bungalow style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7025 North Burrage Avenue has 1,226 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 1,000. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. 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. The exterior walls of the home are made of metal. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7025 North Burrage Avenue sold most recently in Oct 20, 2021 for a total of $500,000. If you work out the math, that's approximately a cost of $332.01 per sqft. Before that, the property was also sold for $131,500 in Apr 20, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,256 in taxes each year. 7025 North Burrage Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $122,870. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Style: Bungalow
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 280
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,506
  • Gross Building Area: 1,506
  • Building Area: 1,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,226
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BURRAGE
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BURRAGE TR, BLOCK 10, LOT 10

Ownership

  • Current Owner : EISENBERG BETH A
  • Current Owner 2: EISENBERG JEFFREY
  • Previous Owner : KERNS CONNOR S
  • Previous Owner 2: HUNTER KERNS DEBORAH
  • Owner Before Previous Owner: ZUMWALT ROBERT C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003902

Zoning

  • Zoning: R5

Geography

  • Account Number: R121902420
  • Parcel: R124658
  • Block: 10
  • Lot: 10
  • Meridian: SEC 16 TWN 01N RNG 01E
  • Latitude: 45.574
  • Longitude: -122.695

    Address

  • Full Address: 7025 N Burrage Ave
  • Address - House Number: 7025
  • Street Direction: N
  • Address - Street Name: Burrage
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C032
  • 4-Digit Zip Code: 5219
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,256
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 491,122
  • High Value: 574,025
  • Low Value: 408,218

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 25, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $442,410
  • Market Land Value: $282,500
  • Market Improvement Value: $159,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,870

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Transaction ID: 11860410007
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-158038
  • Previous Sale Recording Date: Apr 21, 1999
  • Previous Sale Contract Date: Apr 20, 1999
  • Previous Sale Amount: $131,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 25, 2021
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE MART INC
  • Previous Mortgage Transaction Date: Apr 21, 1999
  • Previous Mortgage Loan Amount: $118,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2029

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Frequently Asked Questions

What neighborhood is 7025 North Burrage Avenue located in?
The 7025 North Burrage Avenue is a located in the neighborhood of Arbor Lodge in North Portland, Portland.
What is the average sales price for listings in 7025 North Burrage Avenue?
The average sales price for units in 7025 North Burrage Avenue is $0 currently.

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