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9038 Southwest 25th Avenue

9038 Southwest 25th Avenue, Portland, OR 97219
Property in Markham
Sold Dec 19, 2023
$1,070,000
Buyer
Seller
$802,500 by Velocity Commercial Cap, Llc
Mortgage
9038 Southwest 25th Avenue has been categorized by the local assessors in Portland, OR as a residential type of property. The building on the property was first built in 1943 and is 81 years old. The home comes with a single bedroom. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 9038 Southwest 25th Avenue has 4,024 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 374 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 32,234 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 9038 Southwest 25th Avenue was last sold in Dec 18, 2023 for $1,070,000. According to our calculations, that's $252.12 per sqft. Current property owners are expected to pay $12,496 in taxes per year. The property on 9038 Southwest 25th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $472,000. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 3
  • Bedroom Count: 1
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 374
  • Garage Type: Carport
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 32,234
  • Total Building Area: 4,244
  • Gross Building Area: 4,244
  • Building Area: 4,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 4,024
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FIR LODGE
  • Land Acres: 0.74
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FIR LODGE TR, LOT 1

Ownership

  • Current Owner : OLSON JAY B
  • Previous Owner : OLSON JUDY

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 006200

Zoning

  • Zoning: R7

Geography

  • Account Number: R281500010
  • Parcel: R163063
  • Lot: 1
  • Meridian: SEC 28 TWN 01S RNG 01E
  • Latitude: 45.4596
  • Longitude: -122.702

    Address

  • Full Address: 9038 Sw 25th Ave
  • Address - House Number: 9038
  • Street Direction: SW
  • Address - Street Name: 25th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C031
  • 4-Digit Zip Code: 5555
  • Zip Code: 97219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,496
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.0641
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 97
  • Final Value: 1,461,587
  • High Value: 1,555,385
  • Low Value: 1,367,789

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $802,500
  • First Open Lien Mortgage Lender: VELOCITY COMMERCIAL CAP, LLC
  • First Open Lien Mortgage Recording Date: Dec 19, 2023
  • First Open Lien Mortgage Loan Amount: $802,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $1,485,290
  • Market Land Value: $797,900
  • Market Improvement Value: $687,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472,000

    Sales

  • Current Sale Contract Date: Dec 18, 2023
  • Current Sale Recording Date: Dec 19, 2023
  • Current Sale Transaction ID: 11918240896
  • Current Sale Price: $1,070,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 78077

    Last Sale Mortgage

  • First Mortgage Lender: VELOCITY COMMERCIAL CAP, LLC
  • First Mortgage Transaction Date: Dec 19, 2023
  • First Mortgage Loan Amount: $802,500
  • First Mortgage Loan Type: Credit Line (Revolving)

About Lair Hill



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Frequently Asked Questions

What neighborhood is 9038 Southwest 25th Avenue located in?
The 9038 Southwest 25th Avenue is a located in the neighborhood of Markham in Lair Hill, Portland.
What is the average sales price for listings in 9038 Southwest 25th Avenue?
The average sales price for units in 9038 Southwest 25th Avenue is $0 currently.

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