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8640 Northeast Pacific Street

8640 Northeast Pacific Street, Portland, OR 97220
Multifamily in Montavilla
Sold Feb 06, 2019
$446,000
$319,200 by Directors Mortgage Inc
Mortgage Due Apr 01, 2052
Sold Mar 19, 2014
$224,667
Local assessors in Portland, OR have categorized 8640 Northeast Pacific Street as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 5,400 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 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 8640 Northeast Pacific Street has a total of 1,924 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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 200 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a screened porch and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable 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 heat pump is the primary heating source and it is being fueled with gas. 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, 8640 Northeast Pacific Street was last sold in Jan 29, 2019 for $446,000. According to our calculations, that's $231.81 per sqft. Prior to that sales transaction, the property was sold for $224,667 in Mar 17, 2014. Current property owners are expected to pay $5,029 in taxes per year. The property on 8640 Northeast Pacific Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $189,790. 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

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Style: Unknown
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 5,400
  • Total Building Area: 1,924
  • Gross Building Area: 1,924
  • Building Area: 1,924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,924
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARK TERR HMS
  • Land Acres: 0.124
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PARK TERR HMS, BLOCK 3, LOT 26

Ownership

  • Current Owner : WAGNER LUCAS J
  • Current Owner 2: WAGNER JEANETTE C
  • Previous Owner : JACKALOPE ENTERPRISE LLC
  • Owner Before Previous Owner: MULTNOMAH UNIVERSITY
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R644800530
  • Parcel: R234048
  • Block: 3
  • Lot: 26
  • Meridian: SEC 33 TWN 01N RNG 02E
  • Latitude: 45.5292
  • Longitude: -122.574

    Address

  • Full Address: 8640 Ne Pacific St
  • Address - House Number: 8640
  • Street Direction: NE
  • Address - Street Name: Pacific
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C002
  • 4-Digit Zip Code: 5837
  • Zip Code: 97220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,029
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 540,765
  • High Value: 625,946
  • Low Value: 455,583

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $319,200
  • First Open Lien Mortgage Lender: DIRECTORS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 14, 2022
  • First Open Lien Mortgage Loan Amount: $319,200
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $516,760
  • Market Land Value: $246,500
  • Market Improvement Value: $270,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,790

    Sales

  • Current Sale Contract Date: Jan 29, 2019
  • Current Sale Recording Date: Feb 06, 2019
  • Current Sale Transaction ID: 11566494195
  • Current Sale Price: $446,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-013186
  • Previous Sale Recording Date: Mar 19, 2014
  • Previous Sale Contract Date: Mar 17, 2014
  • Previous Sale Amount: $224,667
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIORITY HOME LENDING LLC
  • First Mortgage Transaction Date: Feb 06, 2019
  • First Mortgage Loan Amount: $265,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

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Frequently Asked Questions

What neighborhood is 8640 Northeast Pacific Street located in?
The 8640 Northeast Pacific Street is a multifamily located in the neighborhood of Montavilla in Southeast Uplift, Portland.
What is the average sales price for listings in 8640 Northeast Pacific Street?
The average sales price for units in 8640 Northeast Pacific Street is $0 currently.

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