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7888 Southwest 87th Avenue

7888 Southwest 87th Avenue, Portland, OR 97223
Property in Raleigh Hills
Sold Sep 04, 2020
$796,000
$510,400 by Summit Mortgage Corp
Mortgage Due Oct 01, 2050
Sold Mar 26, 2004
$167,000
$167,000 by Oakmont Mortgage Inc
Mortgage Due Apr 01, 2034
7888 Southwest 87th Avenue in Portland, OR was first built in 1957 and is 67 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7888 Southwest 87th Avenue has 3,058 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 15,682 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 680 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing baseboard heaters and being fueled with electricity. 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. 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, 7888 Southwest 87th Avenue was last sold in Sep 2, 2020 for $796,000. According to our calculations, that's $212.95 per sqft. Prior to that sales transaction, the property was sold for $167,000 in Mar 23, 2004. Current property owners are expected to pay $7,406 in taxes per year. The property on 7888 Southwest 87th Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $421,380. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1957
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 680
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 3,738
  • Gross Building Area: 3,738
  • Building Area: 3,058
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 3,058
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLLYHURST
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • State Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: HOLLYHURST, BLOCK 3, LOT PT 2, ACRES 0.36

Ownership

  • Current Owner : CREEVEY MARK IAN
  • Current Owner 2: HOLT SARA ELIZABETH
  • Previous Owner : SAUVE DANIEL W
  • Previous Owner 2: SAUVE IRMA S
  • Owner Before Previous Owner: MEAD CAROL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Beaverton School District 48J
  • Census Tract: 030501

Zoning

  • Zoning: R-5

Geography

  • Parcel: R211880
  • Block: 3
  • Lot: 2
  • Meridian: SEC 23 TWN 01S RNG 01W
  • Municipality: BEAVERTON
  • Latitude: 45.4629
  • Longitude: -122.765

    Address

  • Full Address: 7888 Sw 87th Ave
  • Address - House Number: 7888
  • Street Direction: SW
  • Address - Street Name: 87th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C046
  • 4-Digit Zip Code: 7008
  • Zip Code: 97223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,406
  • Tax Rate Code Area: 051.50

    Appraisal Valuation

  • Standard Deviation: 0.1173
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 87
  • Final Value: 947,828
  • High Value: 1,059,028
  • Low Value: 836,629

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $633,400
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 04, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: NW PREFERRED FEDERAL CREDIT UN
  • Second Open Lien Mortgage Recording Date: Jul 28, 2021
  • Second Open Lien Mortgage Loan Amount: $123,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $928,310
  • Market Land Value: $358,670
  • Market Improvement Value: $569,640

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $421,380

    Sales

  • Current Sale Contract Date: Sep 02, 2020
  • Current Sale Recording Date: Sep 04, 2020
  • Current Sale Transaction ID: 11785434087
  • Current Sale Price: $796,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-085614
  • Previous Sale Recording Date: Mar 26, 2004
  • Previous Sale Contract Date: Mar 23, 2004
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 04, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: OAKMONT MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 26, 2004
  • Previous Mortgage Loan Amount: $167,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2034

About Raleigh Hills



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7888 Southwest 87th Avenue located in?
The 7888 Southwest 87th Avenue is a located in the neighborhood of Raleigh Hills in Raleigh Hills, Portland.
What is the average sales price for listings in 7888 Southwest 87th Avenue?
The average sales price for units in 7888 Southwest 87th Avenue is $0 currently.

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