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7447-7449 Southeast 83rd Avenue

7447-7449 Southeast 83rd Avenue, Portland, OR 97266
Property in Lents
Sold Jun 15, 2016
$242,510
$181,883 by Directors Mortgage Inc
Mortgage Due Jul 01, 2046
Sold Mar 06, 2006
$175,000
Buyer
Seller
$140,000 by Greenpoint Mortgage Funding In
Mortgage Due Apr 01, 2036
7447-7449 Southeast 83rd 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 1971 and is 53 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 7447-7449 Southeast 83rd Avenue has 1,560 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,725 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 carport for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a steel frame or truss style roof made of composition shingle. The exterior walls of the building are made of a combination of material. In terms of heating, it is utilizing baseboard heaters and being fueled with oil. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 7447-7449 Southeast 83rd Avenue sold most recently in Jun 15, 2016 for a total of $242,510. If you work out the math, that's approximately a cost of $155.46 per sqft. Before that, the property was also sold for $175,000 in Feb 7, 2006. 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 $4,737 in taxes each year. 7447-7449 Southeast 83rd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $178,780. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1971
  • Effective Year Built: 1971
  • 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: Combination
  • Roof Shape Type: Steel frame or truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,725
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,560
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARMINGTON
  • Land Acres: 0.109
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ARMINGTON, BLOCK 1, LOT 24 EXC PT IN ST

Ownership

  • Current Owner : DAYLS RICHARD D
  • Current Owner 2: DAVIS DIANA M
  • Previous Owner : HO SON MINH
  • Owner Before Previous Owner: SATH SAVETH
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 000601

Zoning

  • Zoning: R2A

Geography

  • Account Number: R038000260
  • Parcel: R108874
  • Block: 1
  • Lot: 24
  • Meridian: SEC 21 TWN 01S RNG 02E
  • Latitude: 45.4688
  • Longitude: -122.578

    Address

  • Full Address: 7447-7449 Se 83rd Ave
  • Address - House Number: 7447-7449
  • Street Direction: SE
  • Address - Street Name: 83rd
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Zip Code: 97266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,737
  • Tax Rate Code Area: 703

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 398,342
  • High Value: 461,111
  • Low Value: 335,572

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,883
  • First Open Lien Mortgage Lender: DIRECTORS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 15, 2016
  • First Open Lien Mortgage Loan Amount: $181,883
  • 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, 2046

    Market Valuation

  • Market Total Value: $397,360
  • Market Land Value: $204,000
  • Market Improvement Value: $193,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,780

    Sales

  • Current Sale Contract Date: Jun 15, 2016
  • Current Sale Recording Date: Jun 15, 2016
  • Current Sale Transaction ID: 1598187526
  • Current Sale Price: $242,510
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-073153
  • Previous Sale Recording Date: Mar 06, 2006
  • Previous Sale Contract Date: Feb 07, 2006
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIRECTORS MORTGAGE INC
  • First Mortgage Transaction Date: Jun 15, 2016
  • First Mortgage Loan Amount: $181,883
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • Previous Mortgage Transaction Date: Mar 06, 2006
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 7447-7449 Southeast 83rd Avenue located in?
The 7447-7449 Southeast 83rd Avenue is a located in the neighborhood of Lents in East Portland, Portland.
What is the average sales price for listings in 7447-7449 Southeast 83rd Avenue?
The average sales price for units in 7447-7449 Southeast 83rd Avenue is $0 currently.

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