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825 Southeast Madison Street

825 Southeast Madison Street, Portland, OR 97214
Property in Buckman
825 Southeast Madison Street has been categorized by the local assessors in Portland, OR as a industrial type of property. The building on the property was first built in 1935 and is 89 years old. The building has a total of 2 stories. In addition, 825 Southeast Madison Street has 13,275 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 10,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a sawtooth style roof made of asphalt and ply sheets in a built-up roof style. There is a single fireplace in the home. Perfect for those wintery nights. 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, 825 Southeast Madison Street sold most recently in Sep 28, 2022 for a total of $1,368,000. If you work out the math, that's approximately a cost of $103.05 per sqft. 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 $12,302 in taxes each year. 825 Southeast Madison Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $464,260. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 2
  • Bedroom Count: 0
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 13,275
  • Gross Building Area: 13,275
  • Building Area: 13,275
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 13,275
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: HAWTHORNE PK
  • Land Acres: 0.23
  • Standard Land Use Code: Industrial (general)
  • County Land Use Code: Fast food restaurant / drive-thru
  • Mobile Home Indicator: T
  • Legal Description 1: HAWTHORNE PK, BLOCK 173, LOT 5&6

Ownership

  • Current Owner : GHAFARZADE FARHAD
  • Previous Owner : LEONG MARILYN
  • Owner Before Previous Owner: NASE GEORGE P
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 001101

Zoning

  • Zoning: IG1

Geography

  • Account Number: R366701110
  • Parcel: R176852
  • Block: 173
  • Lot: 5,6
  • Meridian: SEC 02 TWN 01S RNG 01E
  • Latitude: 45.5132
  • Longitude: -122.657

    Address

  • Full Address: 825 Se Madison St
  • Address - House Number: 825
  • Street Direction: SE
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C057
  • 4-Digit Zip Code: 3438
  • Zip Code: 97214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,302
  • Tax Rate Code Area: 884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,245,000
  • First Open Lien Mortgage Lender: GESA CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 26, 2023
  • First Open Lien Mortgage Loan Amount: $2,245,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,049,030
  • Market Land Value: $663,940
  • Market Improvement Value: $385,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,260

    Sales

  • Current Sale Contract Date: Sep 28, 2022
  • Current Sale Recording Date: Feb 06, 2023
  • Current Sale Transaction ID: 11901718979
  • Current Sale Price: $1,368,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6696
  • Previous Sale Recording Date: Feb 15, 2005
  • Previous Sale Contract Date: Aug 04, 2004
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRITALENT FUNDING GROUP INC
  • First Mortgage Transaction Date: Feb 06, 2023
  • First Mortgage Loan Amount: $1,690,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2024

About Southeast Uplift



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Frequently Asked Questions

What neighborhood is 825 Southeast Madison Street located in?
The 825 Southeast Madison Street is a located in the neighborhood of Buckman in Southeast Uplift, Portland.
What is the average sales price for listings in 825 Southeast Madison Street?
The average sales price for units in 825 Southeast Madison Street is $0 currently.

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