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7246 North Newell Avenue

7246 North Newell Avenue, Portland, OR 97203
Property in University Park
Sold Jun 30, 2020
$363,000
$254,100 by S1l Inc
Mortgage Due Jul 01, 2050
Sold Dec 07, 2010
$227,000
$180,000 by American Pacific Mortgage Corp
Mortgage Due Jan 01, 2041
Local assessors in Portland, OR have categorized 7246 North Newell Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 5,000 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 500 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, 2 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 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 7246 North Newell Avenue has a total of 788 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. 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 detached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a bowstring truss style roof that was made of composition shingle. Lots of metal 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 oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 29, 2020 for $363,000. That's $230.33 per sqft. Prior to that sales transaction, the property was also sold in Dec 7, 2010 for $227,000. 7246 North Newell Avenue was last assessed in 2023. The total value of the property was assessed at $149,490. 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 $3,961. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Metal
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 788
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,576
  • Gross Building Area: 1,776
  • Building Area: 788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 788
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTHERN HILL ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTHERN HILL ADD, BLOCK 13, LOT 28&29

Ownership

  • Current Owner : WATT JAMES A
  • Previous Owner : LOWE SARAH M
  • Previous Owner 2: LOWE FREDRICK
  • Owner Before Previous Owner: SHANNON JEFFREY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 004002

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R615103710
  • Parcel: R227635
  • Block: 13
  • Lot: 28,29
  • Meridian: SEC 07 TWN 01N RNG 01E
  • Latitude: 45.5836
  • Longitude: -122.734

    Address

  • Full Address: 7246 N Newell Ave
  • Address - House Number: 7246
  • Street Direction: N
  • Address - Street Name: Newell
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C004
  • 4-Digit Zip Code: 4010
  • Zip Code: 97203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,961
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 472,516
  • High Value: 554,959
  • Low Value: 390,073

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $254,100
  • First Open Lien Mortgage Lender: S1L INC
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Loan Amount: $254,100
  • 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, 2050

    Market Valuation

  • Market Total Value: $487,010
  • Market Land Value: $262,500
  • Market Improvement Value: $224,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,490

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11770868960
  • Current Sale Price: $363,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-079507
  • Previous Sale Recording Date: Dec 07, 2010
  • Previous Sale Contract Date: Dec 07, 2010
  • Previous Sale Amount: $227,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: S1L INC
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $254,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 07, 2010
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2041

About North Portland



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7246 North Newell Avenue located in?
The 7246 North Newell Avenue is a located in the neighborhood of University Park in North Portland, Portland.
What is the average sales price for listings in 7246 North Newell Avenue?
The average sales price for units in 7246 North Newell Avenue is $0 currently.

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