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7423 North Alma Avenue

7423 North Alma Avenue, Portland, OR 97203
Property in St. Johns
Sold Sep 23, 2015
$265,000
$242,000 by Broker Solutions Inc
Mortgage Due Aug 01, 2051
Sold Jun 22, 2007
$195,000
$146,250 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2037
Local assessors in Portland, OR have categorized 7423 North Alma 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. 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 Victorian 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, 3 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 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 7423 North Alma Avenue has a total of 1,191 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. The home's baseboard heaters 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. 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, 7423 North Alma Avenue sold most recently in Sep 18, 2015 for a total of $265,000. If you work out the math, that's approximately a cost of $200.91 per sqft. Before that, the property was also sold for $195,000 in Jun 21, 2007. 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 $3,734 in taxes each year. 7423 North Alma Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $140,910. 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. 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. 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: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Style: Victorian
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 128
  • 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: 1,319
  • Gross Building Area: 1,415
  • Building Area: 1,191
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,191
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTH ST JOHNS
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH ST JOHNS, BLOCK 7, SWLY 50 OF LOT 7&8

Ownership

  • Current Owner : BIRCHARD LAURA REID
  • Current Owner 2: REID LAUREEN GRAY
  • Previous Owner : SADLER BROCK IAN
  • Owner Before Previous Owner: ROBBINS BARBARA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R779102020
  • Parcel: R272666
  • Block: 7
  • Lot: 7,8
  • Meridian: SEC 07 TWN 01N RNG 01E
  • Latitude: 45.5864
  • Longitude: -122.741

    Address

  • Full Address: 7423 N Alma Ave
  • Address - House Number: 7423
  • Street Direction: N
  • Address - Street Name: Alma
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C003
  • 4-Digit Zip Code: 3929
  • Zip Code: 97203

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 447,696
  • High Value: 541,666
  • Low Value: 353,725

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jul 22, 2021
  • First Open Lien Mortgage Loan Amount: $242,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $390,010
  • Market Land Value: $232,500
  • Market Improvement Value: $157,510

    Assessments Valuation

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

    Sales

  • Current Sale Contract Date: Sep 18, 2015
  • Current Sale Recording Date: Sep 23, 2015
  • Current Sale Transaction ID: 1294428481
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-122268
  • Previous Sale Recording Date: Jun 22, 2007
  • Previous Sale Contract Date: Jun 21, 2007
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: Sep 23, 2015
  • First Mortgage Loan Amount: $260,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 22, 2007
  • Previous Mortgage Loan Amount: $146,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About North Portland



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Frequently Asked Questions

What neighborhood is 7423 North Alma Avenue located in?
The 7423 North Alma Avenue is a located in the neighborhood of St. Johns in North Portland, Portland.
What is the average sales price for listings in 7423 North Alma Avenue?
The average sales price for units in 7423 North Alma Avenue is $0 currently.

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