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7581 North Edgewater Avenue

7581 North Edgewater Avenue, Portland, OR 97203
Property in Cathedral Park
Sold Nov 29, 2021
$329,000
$263,200 by Pacific Residential Mortgage L
Mortgage Due Dec 01, 2051
Sold Sep 09, 2015
$165,000
7581 North Edgewater Avenue in Portland, OR was first built in 1980 and is 44 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7581 North Edgewater Avenue has 1,200 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 348,050 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a reinforced concrete style roof made of asphalt and ply sheets in a built-up roof style. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a carport. The garage is 220 sqft. There is one available parking space. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 27, 2021 for $329,000. That's $274.17 per sqft. Prior to that sales transaction, the property was also sold in Sep 4, 2015 for $165,000. 7581 North Edgewater Avenue was last assessed in 2023. The total value of the property was assessed at $147,110. While improvements on the property were assessed at a total of $147,110. 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 $3,898. 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. 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: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Roof Shape Type: Reinforced concrete
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 348,050
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EDGEWATER HOUSE CONDOMINIUM
  • Land Acres: 7.99
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: EDGEWATER HOUSE CONDOMINIUM, LOT 41-B

Ownership

  • Current Owner : GREGG LAWRENCE J
  • Current Owner 2: GREGG GEORGE MELISSA
  • Previous Owner : KETTNER POLLEY RICHARD B
  • Previous Owner 2: KETTNER POLLEY WILLIAM
  • Owner Before Previous Owner: ALL RPO REO PRESERVATION & REPAIR LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R238050860
  • Parcel: R154422
  • Lot: 41-B
  • Meridian: SEC 12 TWN 01N RNG 01W
  • Latitude: 45.583
  • Longitude: -122.746

    Address

  • Full Address: 7581 N Edgewater Ave
  • Address - House Number: 7581
  • Street Direction: N
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C003
  • 4-Digit Zip Code: 5081
  • Zip Code: 97203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,898
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 373,749
  • High Value: 432,076
  • Low Value: 315,422

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,200
  • First Open Lien Mortgage Lender: PACIFIC RESIDENTIAL MORTGAGE L
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $263,200
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $392,360
  • Market Improvement Value: $392,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,110
  • Assessed Improvements Value: $147,110

    Sales

  • Current Sale Contract Date: Nov 27, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Transaction ID: 11869280193
  • Current Sale Price: $329,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-173232
  • Previous Sale Recording Date: Sep 09, 2015
  • Previous Sale Contract Date: Sep 04, 2015
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC RESIDENTIAL MORTGAGE L
  • First Mortgage Transaction Date: Nov 29, 2021
  • First Mortgage Loan Amount: $263,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About North Portland



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Frequently Asked Questions

What neighborhood is 7581 North Edgewater Avenue located in?
The 7581 North Edgewater Avenue is a located in the neighborhood of Cathedral Park in North Portland, Portland.
What is the average sales price for listings in 7581 North Edgewater Avenue?
The average sales price for units in 7581 North Edgewater Avenue is $0 currently.

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