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7029-7031 North Tyler Avenue

7029-7031 North Tyler Avenue, Portland, OR 97203
Property in Cathedral Park
Sold Oct 24, 2023
$724,800
$543,600 by Sarnmamish Mortgage Company
Mortgage Due Nov 01, 2053
Sold Mar 28, 2013
Transfer
Local assessors in Portland, OR have categorized 7029-7031 North Tyler Avenue as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 5,000 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, 4 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 2 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 7029-7031 North Tyler Avenue has a total of 3,042 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 1,368 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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 340 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable 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 and it is being fueled with gas. 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, 7029-7031 North Tyler Avenue sold most recently in Sep 13, 2023 for a total of $724,800. If you work out the math, that's approximately a cost of $191.64 per sqft. 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 $4,701 in taxes each year. 7029-7031 North Tyler Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $177,410. 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. 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!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: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Partial basement
  • Basement Area: 1,368
  • Garage Type: Carport
  • Garage Square Area: 340
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 3,782
  • Gross Building Area: 3,782
  • Building Area: 3,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,042
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ST JOHNS HTS & SUB
  • Land Acres: 0.115
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: ST JOHNS HTS & SUB, NLY 50 OF ELY 100 OF SLY 104 OF LOT P

Ownership

  • Current Owner : RISCH RALPH
  • Current Owner 2: RISCH AMY
  • Previous Owner : SCHROEDER JILL
  • Previous Owner 2: BREWER DEAN
  • Owner Before Previous Owner: TYLER & PRINCETON LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 004102

Zoning

  • Zoning: R5

Geography

  • Account Number: R739501350
  • Parcel: R263945
  • Block: P
  • Lot: P
  • Meridian: SEC 12 TWN 01N RNG 01W
  • Latitude: 45.5858
  • Longitude: -122.749

    Address

  • Full Address: 7029-7031 N Tyler Ave
  • Address - House Number: 7029-7031
  • Street Direction: N
  • Address - Street Name: Tyler
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Zip Code: 97203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,701
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 659,581
  • High Value: 763,598
  • Low Value: 555,564

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $543,600
  • First Open Lien Mortgage Lender: SARNMAMISH MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Oct 24, 2023
  • First Open Lien Mortgage Loan Amount: $543,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $603,430
  • Market Land Value: $238,000
  • Market Improvement Value: $365,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,410

    Sales

  • Current Sale Contract Date: Sep 13, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Transaction ID: 11914817959
  • Current Sale Price: $724,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 66251
  • Previous Sale Recording Date: Mar 28, 2013
  • Previous Sale Contract Date: Mar 26, 2013
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SARNMAMISH MORTGAGE COMPANY
  • First Mortgage Transaction Date: Oct 24, 2023
  • First Mortgage Loan Amount: $543,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Nov 01, 2053

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Frequently Asked Questions

What neighborhood is 7029-7031 North Tyler Avenue located in?
The 7029-7031 North Tyler Avenue is a located in the neighborhood of Cathedral Park in North Portland, Portland.
What is the average sales price for listings in 7029-7031 North Tyler Avenue?
The average sales price for units in 7029-7031 North Tyler Avenue is $0 currently.

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