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8505 Southwest 52nd Avenue

8505 Southwest 52nd Avenue, Portland, OR 97219
Property in Ashcreek
Sold Oct 25, 2021
$736,000
$390,080 by Finance Of America Mortgage Ll
Mortgage Due Nov 01, 2051
Sold Oct 27, 2006
$400,000
$225,000 by Mortgageit Inc
Mortgage Due Nov 01, 2036
8505 Southwest 52nd Avenue 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 1936 and is 88 years old. However, we must point out that the home was most recently renovated and altered in 2009. The home has a total of 2 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8505 Southwest 52nd Avenue has 4,396 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 14,375 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 899 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a reinforced concrete 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 oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 8505 Southwest 52nd Avenue was last sold in Oct 21, 2021 for $736,000. According to our calculations, that's $139.00 per sqft. Prior to that sales transaction, the property was sold for $400,000 in Oct 26, 2006. Current property owners are expected to pay $13,704 in taxes per year. The property on 8505 Southwest 52nd Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $517,650. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Reinforced concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 899
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 5,295
  • Gross Building Area: 5,725
  • Building Area: 4,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,396
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 19 1S 1E, TL 6200 0.33 ACRES

Ownership

  • Current Owner : MEDINA RAFAEL A
  • Current Owner 2: MEDINA BARBRA ANN
  • Previous Owner : MIRANDA PAULA JACQUELINE
  • Owner Before Previous Owner: DUNNICK L WAYNE
  • Owner Before Previous Owner 2: RAWSON DEBRA
  • 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: R7

Geography

  • Account Number: R991194810
  • Parcel: R329643
  • Meridian: SEC 19 TWN 01S RNG 01E
  • Latitude: 45.4632
  • Longitude: -122.731

    Address

  • Full Address: 8505 Sw 52nd Ave
  • Address - House Number: 8505
  • Street Direction: SW
  • Address - Street Name: 52nd
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C051
  • 4-Digit Zip Code: 3316
  • Zip Code: 97219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,704
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 1,059,593
  • High Value: 1,223,811
  • Low Value: 895,376

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $490,080
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Oct 25, 2021
  • First Open Lien Mortgage Loan Amount: $390,080
  • 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: Nov 01, 2051
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jul 15, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 03, 2052

    Market Valuation

  • Market Total Value: $1,090,710
  • Market Land Value: $331,250
  • Market Improvement Value: $759,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $517,650

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Transaction ID: 11860410201
  • Current Sale Price: $736,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-157977
  • Previous Sale Recording Date: Oct 27, 2006
  • Previous Sale Contract Date: Oct 26, 2006
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Oct 25, 2021
  • First Mortgage Loan Amount: $390,080
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGEIT INC
  • Previous Mortgage Transaction Date: Oct 27, 2006
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2036

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Frequently Asked Questions

What neighborhood is 8505 Southwest 52nd Avenue located in?
The 8505 Southwest 52nd Avenue is a located in the neighborhood of Ashcreek in Lair Hill, Portland.
What is the average sales price for listings in 8505 Southwest 52nd Avenue?
The average sales price for units in 8505 Southwest 52nd Avenue is $0 currently.

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