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7342 Southeast 29th Avenue

7342 Southeast 29th Avenue, Portland, OR 97202
Property in Eastmoreland
Sold Jul 24, 2020
$1,250,000
$850,000 by Caliber Home Loans Inc
Mortgage Due Aug 01, 2050
Sold Jan 19, 2012
$740,000
$592,000 by Washington Federal Savings
Mortgage Due Feb 01, 2042
7342 Southeast 29th 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 1920 and is 104 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 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, 7342 Southeast 29th Avenue has 2,968 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 660 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 7,500 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 396 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable 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 gas. 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. 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, 7342 Southeast 29th Avenue sold most recently in Jul 23, 2020 for a total of $1,250,000. If you work out the math, that's approximately a cost of $421.16 per sqft. Before that, the property was also sold for $740,000 in Jan 17, 2012. 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 $12,851 in taxes each year. 7342 Southeast 29th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $484,980. 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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 660
  • Garage Type: Detached
  • Garage Square Area: 396
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,968
  • Gross Building Area: 3,178
  • Building Area: 2,968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,968
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EASTMORELAND
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EASTMORELAND, BLOCK 11, LOT 5, N 1/2 OF LOT 6

Ownership

  • Current Owner : LUNDEBERG MEGAN
  • Previous Owner : LAMB PETER KIRK
  • Previous Owner 2: LAMB CATHERINE WOOLSEY
  • Owner Before Previous Owner: TTM DEVELOPMENT COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 000302

Zoning

  • Zoning: R5

Geography

  • Account Number: R231502150
  • Parcel: R152365
  • Block: 11
  • Lot: 5,6
  • Meridian: SEC 24 TWN 01S RNG 01E
  • Latitude: 45.4713
  • Longitude: -122.633

    Address

  • Full Address: 7342 Se 29th Ave
  • Address - House Number: 7342
  • Street Direction: SE
  • Address - Street Name: 29th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C036
  • 4-Digit Zip Code: 8823
  • Zip Code: 97202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,851
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 1,004,881
  • High Value: 1,160,619
  • Low Value: 849,143

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 24, 2020
  • First Open Lien Mortgage Loan Amount: $850,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $1,037,110
  • Market Land Value: $404,750
  • Market Improvement Value: $632,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $484,980

    Sales

  • Current Sale Contract Date: Jul 23, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Transaction ID: 11773744490
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-091198
  • Previous Sale Recording Date: Jan 19, 2012
  • Previous Sale Contract Date: Jan 17, 2012
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jul 24, 2020
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON FEDERAL SAVINGS
  • Previous Mortgage Transaction Date: Jan 19, 2012
  • Previous Mortgage Loan Amount: $592,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2042

About Southeast Uplift



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Frequently Asked Questions

What neighborhood is 7342 Southeast 29th Avenue located in?
The 7342 Southeast 29th Avenue is a located in the neighborhood of Eastmoreland in Southeast Uplift, Portland.
What is the average sales price for listings in 7342 Southeast 29th Avenue?
The average sales price for units in 7342 Southeast 29th Avenue is $0 currently.

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