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7948 North Bank Street

7948 North Bank Street, Portland, OR 97203
House in St. Johns
Sold Mar 08, 2019
$375,000
Sold Sep 10, 2018
$240,000
$224,604 by Principal Holding Co Llc
Mortgage
7948 North Bank Street 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 1959 and is 65 years old. The home has a total of 3 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, 7948 North Bank Street has 910 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 4,888 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 attached garage for those who require parking. The garage measured 338 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 fair. The building has a gable 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 central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Mar 6, 2019 for $375,000. That's $300.48 per sqft. Prior to that sales transaction, the property was also sold in Aug 8, 2018 for $240,000. 7948 North Bank Street was last assessed in 2023. The total value of the property was assessed at $150,230. 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 $3,981. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Cedar Siding

Parking

Carport

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 338
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,888
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 910
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BARTONS ADD
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BARTONS ADD, BLOCK 4, LOT 11

Ownership

  • Current Owner : OLTEAN PAULA STANCA
  • Current Owner 2: SCHAFFER ANTHONY MICHAEL
  • Previous Owner : CHAVEZ JORGE
  • Owner Before Previous Owner: U S BANK NATIONAL ASSN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 004103

Zoning

  • Zoning: R5

Geography

  • Account Number: R056300780
  • Parcel: R112149
  • Block: 4
  • Lot: 11
  • Meridian: SEC 06 TWN 01N RNG 01E
  • Latitude: 45.5984
  • Longitude: -122.743

    Address

  • Full Address: 7948 N Bank St
  • Address - House Number: 7948
  • Street Direction: N
  • Address - Street Name: Bank
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C029
  • 4-Digit Zip Code: 1238
  • Zip Code: 97203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,981
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 468,183
  • High Value: 546,512
  • Low Value: 389,853

    Market Valuation

  • Market Total Value: $450,720
  • Market Land Value: $232,500
  • Market Improvement Value: $218,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,230

    Sales

  • Current Sale Contract Date: Mar 06, 2019
  • Current Sale Recording Date: Mar 08, 2019
  • Current Sale Transaction ID: 11583789904
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-023512
  • Previous Sale Recording Date: Sep 10, 2018
  • Previous Sale Contract Date: Aug 08, 2018
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Mar 08, 2019
  • First Mortgage Loan Amount: $337,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PRINCIPAL HOLDING CO LLC
  • Previous Mortgage Transaction Date: Sep 10, 2018
  • Previous Mortgage Loan Amount: $224,604
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 7948 North Bank Street located in?
The 7948 North Bank Street is a house located in the neighborhood of St. Johns in North Portland, Portland.
What is the average sales price for listings in 7948 North Bank Street?
The average sales price for units in 7948 North Bank Street is $0 currently.

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