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862 Madison Avenue

862 Madison Avenue, Astoria, OR 97103
Property in Clatsop
Sold Sep 09, 2021
$273,000
$264,810 by Fairway Independent Mortgage C
Mortgage Due Oct 01, 2051
862 Madison Avenue in Astoria, OR was first built in 1915 and is 109 years old. Although, the building on the property was most recently renovated and altered in 1922. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 2 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 862 Madison Avenue has 1,025 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,792 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The exterior walls of the home are made of wood. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing baseboard heaters and being fueled with oil. 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, 862 Madison Avenue sold most recently in Sep 3, 2021 for a total of $273,000. If you work out the math, that's approximately a cost of $266.34 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 $1,787 in taxes each year. 862 Madison Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $89,762. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1915
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,025
  • Gross Building Area: 1,025
  • Building Area: 1,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,025
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCCLURES
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MCCLURES LT 6 BLK 144

Ownership

  • Current Owner : PRESTON ROBERT STEPHEN
  • Previous Owner : WOOD DANIEL G
  • Previous Owner 2: PROPST GERALD R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Astoria School District 1
  • Census Tract: 950200

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 8-09-17-NW-NW
  • Account Number: 25285
  • Section: 17BB
  • Parcel: 25285
  • Block: 144
  • Lot: 6
  • Meridian: SEC 17 TWN 08 RNG 09
  • Municipality: ASTORIA
  • Latitude: 46.1822
  • Longitude: -123.834

    Address

  • Full Address: 862 Madison Ave
  • Address - House Number: 862
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Astoria
  • Carrier Code: C011
  • 4-Digit Zip Code: 5050
  • Zip Code: 97103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,787
  • Tax Rate Code Area: 0101

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 67
  • Final Value: 322,707
  • High Value: 398,297
  • Low Value: 247,118

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,810
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Sep 09, 2021
  • First Open Lien Mortgage Loan Amount: $264,810
  • 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, 2051

    Market Valuation

  • Market Total Value: $260,867
  • Market Land Value: $146,890
  • Market Improvement Value: $113,977

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,762

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Transaction ID: 11854657436
  • Current Sale Price: $273,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202109114

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Sep 09, 2021
  • First Mortgage Loan Amount: $264,810
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Astoria



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Frequently Asked Questions

What neighborhood is 862 Madison Avenue located in?
The 862 Madison Avenue is a located in the neighborhood of Clatsop in Astoria, Astoria.
What is the average sales price for listings in 862 Madison Avenue?
The average sales price for units in 862 Madison Avenue is $0 currently.

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