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8542 Northeast Multnomah Street

8542 Northeast Multnomah Street, Portland, OR 97220
House in Montavilla
Sold Jun 26, 2019
$309,500
$311,481 by Homebridge Financial Services
Mortgage Due Sep 01, 2050
Local assessors in Portland, OR have categorized 8542 Northeast Multnomah Street as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 5,650 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8542 Northeast Multnomah Street has a total of 1,260 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8542 Northeast Multnomah Street was last sold in Jun 25, 2019 for $309,500. According to our calculations, that's $150.24 per sqft. Current property owners are expected to pay $4,124 in taxes per year. The property on 8542 Northeast Multnomah Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $155,630. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Exterior

Wood Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 800
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,650
  • Total Building Area: 2,060
  • Gross Building Area: 2,060
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,260
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LEE BOW PK
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEE BOW PK, BLOCK 6, LOT 21&22

Ownership

  • Current Owner : HUDSON ELISE D
  • Previous Owner : SONNERBURG RANDY P
  • Previous Owner 2: SONNERBURG CHERRIL M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 001702

Zoning

  • Zoning: R5S

Geography

  • Account Number: R484801930
  • Parcel: R205509
  • Block: 6
  • Lot: 21,22
  • Meridian: SEC 33 TWN 01N RNG 02E
  • Latitude: 45.5316
  • Longitude: -122.575

    Address

  • Full Address: 8542 Ne Multnomah St
  • Address - House Number: 8542
  • Street Direction: NE
  • Address - Street Name: Multnomah
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C002
  • 4-Digit Zip Code: 5726
  • Zip Code: 97220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,124
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 469,893
  • High Value: 542,718
  • Low Value: 397,068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $311,481
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Aug 10, 2020
  • First Open Lien Mortgage Loan Amount: $311,481
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $428,090
  • Market Land Value: $215,000
  • Market Improvement Value: $213,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,630

    Sales

  • Current Sale Contract Date: Jun 25, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Transaction ID: 11620799472
  • Current Sale Price: $309,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-065303

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTREET BANK
  • First Mortgage Transaction Date: Jun 26, 2019
  • First Mortgage Loan Amount: $303,893
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

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Frequently Asked Questions

What neighborhood is 8542 Northeast Multnomah Street located in?
The 8542 Northeast Multnomah Street is a house located in the neighborhood of Montavilla in Southeast Uplift, Portland.
What is the average sales price for listings in 8542 Northeast Multnomah Street?
The average sales price for units in 8542 Northeast Multnomah Street is $0 currently.

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