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7416 North McKenna Avenue

7416 North McKenna Avenue, Portland, OR 97203
Property in University Park
Sold May 17, 2021
$475,000
$451,250 by Finance Of America Mortgage Ll
Mortgage Due Jun 01, 2051
Sold May 02, 2000
$130,000
$104,000 by Accubanc Mtg Corp
Mortgage Due May 01, 2030
7416 North McKenna 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 1948 and is 76 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7416 North McKenna Avenue has 1,088 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 5,500 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 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a screened porch and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a bowstring truss 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 air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with oil. 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. The building on the property is connected to a sewer system. 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, 7416 North McKenna Avenue was last sold in May 14, 2021 for $475,000. According to our calculations, that's $436.58 per sqft. Prior to that sales transaction, the property was sold for $130,000 in Apr 28, 2000. Current property owners are expected to pay $3,734 in taxes per year. The property on 7416 North McKenna Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $140,910. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,088
  • Gross Building Area: 1,328
  • Building Area: 1,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,088
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PORTSMOUTH
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PORTSMOUTH, BLOCK 6, N 1/2 OF LOT 18-20

Ownership

  • Current Owner : FULTON ANNA ELIZABETH
  • Current Owner 2: SHEILDS GEOFFREY CHANNING
  • Previous Owner : MCCANN KATHLEEN J
  • Owner Before Previous Owner: SORENSON PAUL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R669901170
  • Parcel: R248185
  • Block: 6
  • Lot: 18-20
  • Meridian: SEC 07 TWN 01N RNG 01E
  • Latitude: 45.5828
  • Longitude: -122.729

    Address

  • Full Address: 7416 N Mckenna Ave
  • Address - House Number: 7416
  • Street Direction: N
  • Address - Street Name: Mckenna
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C005
  • 4-Digit Zip Code: 4130
  • Zip Code: 97203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,734
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1511
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 507,611
  • High Value: 584,322
  • Low Value: 430,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $451,250
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Loan Amount: $451,250
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $486,000
  • Market Land Value: $265,000
  • Market Improvement Value: $221,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,910

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11835373231
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-077823
  • Previous Sale Recording Date: May 02, 2000
  • Previous Sale Contract Date: Apr 28, 2000
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $451,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ACCUBANC MTG CORP
  • Previous Mortgage Transaction Date: May 02, 2000
  • Previous Mortgage Loan Amount: $104,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2030

About North Portland



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Frequently Asked Questions

What neighborhood is 7416 North McKenna Avenue located in?
The 7416 North McKenna Avenue is a located in the neighborhood of University Park in North Portland, Portland.
What is the average sales price for listings in 7416 North McKenna Avenue?
The average sales price for units in 7416 North McKenna Avenue is $0 currently.

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