See Home Value
$296,939*
Land - Off Market

8578 N BUCHANAN AVE

Portland, OR 97203
bedrooms
Studio
bathrooms
0 Bath
$270,000 - $328,000
Reference Base Price*
-0.99%
Since Nov 1, 2023
OR-Portland
Primary Model
Sold Mar 12, 2018
$426,000
$402,000 by Iq Cu
Mortgage Due Oct 01, 2049
Sold Jun 14, 2007
$275,000
$275,000 by Ridge Mortgage Services Co
Mortgage Due Jul 01, 2037

About This Property

Exceptional two lot package with plans offers a rare opportunity in N Portland! Created by a renowned local architect, these plans prioritize efficiency, resulting in an enticing housing project. Situated in the sought-after St Johns neighborhood of vibrant N PDX, this development showcases modern architecture and elevated designs, complete with carefully crafted floor plans.Enjoy the perks of an incredible location with a remarkable BikeScore of 94! Furthermore, you'll find an array of excellent local shops and restaurants in close proximity. Please note that the buyer will be responsible for conducting all necessary due diligence with the city. Don't miss out on this prime opportunity to create a desirable and distinctive living space in one of Portland's most popular neighborhoods!
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1907

Price History

Date / Event Date Event Price
Oct 25, 2023 No longer available -
No longer available
Aug 2, 2023 Price Decreased $299,900
↓ $20K (6.3%)
Price Decreased
Jun 22, 2023 Listed $319,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 872
  • Garage Type: Detached
  • Garage Square Area: 286
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,790
  • Gross Building Area: 2,084
  • Building Area: 918
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 918
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: POINT VIEW
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POINT VIEW, BLOCK 29, LOT 1, NELY 13 OF LOT 2

Ownership

  • Current Owner : SIMER JEREMY O
  • Current Owner 2: GILLESPIE SHELLEY L
  • Previous Owner : SCHURMAN JOHN
  • Owner Before Previous Owner: COVERT JENNIFER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 004102

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R665713560
  • Parcel: R245568
  • Block: 29
  • Lot: 1,2
  • Meridian: SEC 07 TWN 01N RNG 01E
  • Latitude: 45.5907
  • Longitude: -122.743

    Address

  • Full Address: 8578 N Tioga Ave
  • Address - House Number: 8578
  • Street Direction: N
  • Address - Street Name: Tioga
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C015
  • 4-Digit Zip Code: 2429
  • Zip Code: 97203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,469
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 504,912
  • High Value: 589,218
  • Low Value: 420,607

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $494,000
  • First Open Lien Mortgage Lender: IQ CU
  • First Open Lien Mortgage Recording Date: Sep 18, 2019
  • First Open Lien Mortgage Loan Amount: $402,000
  • 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: Oct 01, 2049
  • Second Open Lien Mortgage Lender: BOEING EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Sep 27, 2022
  • Second Open Lien Mortgage Loan Amount: $92,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 08, 2047

    Market Valuation

  • Market Total Value: $494,910
  • Market Land Value: $252,500
  • Market Improvement Value: $242,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,900

    Sales

  • Current Sale Contract Date: Mar 06, 2018
  • Current Sale Recording Date: Mar 12, 2018
  • Current Sale Transaction ID: 11432679022
  • Current Sale Price: $426,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-026411
  • Previous Sale Recording Date: Jun 14, 2007
  • Previous Sale Contract Date: Jun 13, 2007
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Mar 12, 2018
  • First Mortgage Loan Amount: $404,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: RIDGE MORTGAGE SERVICES CO
  • Previous Mortgage Transaction Date: Jun 14, 2007
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2037



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$319,900 Jun 14, 2023
-
$242/mo
Condo
2 Beds
2.5 Baths
876 ft²
$359/ft²
$314,900 Sep 12, 2023
-
$50/mo
Condo
2 Beds
2.5 Baths
1,008 ft²
$322/ft²
$324,900 Sep 12, 2023
-
$50/mo
Condo
2 Beds
2.5 Baths
889 ft²
$365/ft²
$324,900 Sep 12, 2023
-
$50/mo

About North Portland


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Frequently Asked Questions

When was property at 8578 North Buchanan Avenue built and last sold?
The property at 8578 North Buchanan Avenue was built in 1907 and last sold on Mar 6, 2018 for $426,000.
How much is this home worth?
The estimated value of the home located at 8578 North Buchanan Avenue is $302,899.
What are some comparable homes to 8578 North Buchanan Avenue?
Homes that are comparable to 8578 North Buchanan Avenue include a land property at 9530 North Allegheny Avenue, a condo property at 7555 North Gilbert Avenue, 7557 North Gilbert Avenue.

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