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8425 Southwest 54th Avenue

8425 Southwest 54th Avenue, Portland, OR 97219
Property in Ashcreek
Sold Jun 17, 2021
$1,505,000
$300,000 by Provident Funding Associates L
Mortgage Due Jan 01, 2037
Sold Apr 13, 2007
$899,900
$719,920 by Metlife Bank Na
Mortgage Due May 01, 2037
Local assessors in Portland, OR have categorized 8425 Southwest 54th Avenue as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 33,106 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8425 Southwest 54th Avenue has a total of 4,354 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 652 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a screened porch and a unknown so you'll have great options in both the front and back of the home. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8425 Southwest 54th Avenue sold most recently in Jun 16, 2021 for a total of $1,505,000. If you work out the math, that's approximately a cost of $300.64 per sqft. Before that, the property was also sold for $899,900 in Apr 12, 2007. 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 $23,216 in taxes each year. 8425 Southwest 54th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $876,960. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 5
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 652
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 33,106
  • Total Building Area: 5,006
  • Gross Building Area: 5,006
  • Building Area: 4,354
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,354
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 19 1S 1E, TL 4400 0.76 ACRES

Ownership

  • Current Owner : WONG MARY
  • Current Owner 2: WONG STEVEN
  • Previous Owner : ROGERS MICHAEL C
  • Previous Owner 2: ROGERS MARIA
  • Owner Before Previous Owner: BEACON HOMES NORTHWEST INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 006501

Zoning

  • Zoning: R10

Geography

  • Account Number: R991190590
  • Parcel: R329301
  • Meridian: SEC 19 TWN 01S RNG 01E
  • Latitude: 45.4639
  • Longitude: -122.733

    Address

  • Full Address: 8425 Sw 54th Ave
  • Address - House Number: 8425
  • Street Direction: SW
  • Address - Street Name: 54th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C051
  • 4-Digit Zip Code: 3208
  • Zip Code: 97219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,216
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1665
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 1,422,403
  • High Value: 1,659,277
  • Low Value: 1,185,528

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $1,575,520
  • Market Land Value: $676,130
  • Market Improvement Value: $899,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $876,960

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11839601577
  • Current Sale Price: $1,505,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-094383
  • Previous Sale Recording Date: Apr 13, 2007
  • Previous Sale Contract Date: Apr 12, 2007
  • Previous Sale Amount: $899,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIRECTORS MORTGAGE INC
  • First Mortgage Transaction Date: Jun 17, 2021
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: METLIFE BANK NA
  • Previous Mortgage Transaction Date: Apr 13, 2007
  • Previous Mortgage Loan Amount: $719,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2037

About Lair Hill



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Frequently Asked Questions

What neighborhood is 8425 Southwest 54th Avenue located in?
The 8425 Southwest 54th Avenue is a located in the neighborhood of Ashcreek in Lair Hill, Portland.
What is the average sales price for listings in 8425 Southwest 54th Avenue?
The average sales price for units in 8425 Southwest 54th Avenue is $0 currently.

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