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8625 Southeast Rhone Street

8625 Southeast Rhone Street, Portland, OR 97266
House in Lents
Sold Jul 10, 2020
$375,000
$356,250 by Umpqua Bank
Mortgage Due Aug 01, 2035
Sold Jun 16, 2015
$267,000
$186,900 by Stearns Lending Llc
Mortgage Due Jul 01, 2045
Local assessors in Portland, OR have categorized 8625 Southeast Rhone Street as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 6,534 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 8625 Southeast Rhone Street has a total of 1,490 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. 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 400 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 a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a bowstring truss style roof that was made of composition shingle. Lots of metal 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. The property was last sold in Jul 8, 2020 for $375,000. That's $198.41 per sqft. Prior to that sales transaction, the property was also sold in Jun 11, 2015 for $267,000. 8625 Southeast Rhone Street was last assessed in 2023. The total value of the property was assessed at $240,540. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,374. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,890
  • Gross Building Area: 2,090
  • Building Area: 1,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,490
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 09 1S 2E, TL 6100 0.15 ACRES

Ownership

  • Current Owner : GELAGAY MEHARIW
  • Previous Owner : LI YING J
  • Previous Owner 2: LIAO YVONNE L
  • Owner Before Previous Owner: CADUA JOSE RICCO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 008301

Zoning

  • Zoning: R2A

Geography

  • Account Number: R992091630
  • Parcel: R333441
  • Meridian: SEC 09 TWN 01S RNG 02E
  • Latitude: 45.4955
  • Longitude: -122.574

    Address

  • Full Address: 8625 Se Rhone St
  • Address - House Number: 8625
  • Street Direction: SE
  • Address - Street Name: Rhone
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C002
  • 4-Digit Zip Code: 2856
  • Zip Code: 97266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,374
  • Tax Rate Code Area: 703

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 464,779
  • High Value: 546,281
  • Low Value: 383,277

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,250
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: Jul 10, 2020
  • First Open Lien Mortgage Loan Amount: $356,250
  • 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: Aug 01, 2035

    Market Valuation

  • Market Total Value: $469,740
  • Market Land Value: $217,500
  • Market Improvement Value: $252,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,540

    Sales

  • Current Sale Contract Date: Jul 08, 2020
  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Transaction ID: 11772134150
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-083647
  • Previous Sale Recording Date: Jun 16, 2015
  • Previous Sale Contract Date: Jun 11, 2015
  • Previous Sale Amount: $267,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Jul 10, 2020
  • First Mortgage Loan Amount: $356,250
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Jun 16, 2015
  • Previous Mortgage Loan Amount: $186,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About East Portland



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Frequently Asked Questions

What neighborhood is 8625 Southeast Rhone Street located in?
The 8625 Southeast Rhone Street is a house located in the neighborhood of Lents in East Portland, Portland.
What is the average sales price for listings in 8625 Southeast Rhone Street?
The average sales price for units in 8625 Southeast Rhone Street is $383,900 , or $263/sqft. currently.

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