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6525 Northeast 24th Avenue

6525 Northeast 24th Avenue, Portland, OR 97211
Property in Concordia
Sold Dec 03, 2021
$419,900
$419,900 by Fairway Independent Mortgage C
Mortgage Due Jan 01, 2052
Sold Jul 23, 2021
$355,000
$10,000 by Iron Bridge Mortgage Fund Llc
Mortgage
Local assessors in Portland, OR have categorized 6525 Northeast 24th Avenue as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. 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, 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 is one full bathroom. There is also a partial bathroom. 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 6525 Northeast 24th Avenue has a total of 784 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. 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 forced air unit is the primary heating source and it is 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, 6525 Northeast 24th Avenue sold most recently in Nov 29, 2021 for a total of $419,900. If you work out the math, that's approximately a cost of $409.26 per sqft. Before that, the property was also sold for $355,000 in Jul 20, 2021. 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 $2,287 in taxes each year. 6525 Northeast 24th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $86,300. 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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 242
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,026
  • Gross Building Area: 1,026
  • Building Area: 784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 784
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: IRVINGTON PK
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IRVINGTON PK, BLOCK 65, LOT 17

Ownership

  • Current Owner : TAMEZ SONNY T
  • Current Owner 2: BOWEN ALYSON F
  • Previous Owner : HIGHLAND HOLDINGS LLC
  • Owner Before Previous Owner: BRIDGE CITY EQUITY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003602

Zoning

  • Zoning: R5A

Geography

  • Account Number: R421322280
  • Parcel: R190778
  • Block: 65
  • Lot: 17
  • Meridian: SEC 14 TWN 01N RNG 01E
  • Latitude: 45.5702
  • Longitude: -122.642

    Address

  • Full Address: 6525 Ne 24th Ave
  • Address - House Number: 6525
  • Street Direction: NE
  • Address - Street Name: 24th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C034
  • 4-Digit Zip Code: 6041
  • Zip Code: 97211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,287
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 476,641
  • High Value: 560,523
  • Low Value: 392,758

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $419,900
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Loan Amount: $419,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $451,590
  • Market Land Value: $297,500
  • Market Improvement Value: $154,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,300

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11870164633
  • Current Sale Price: $419,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-175386
  • Previous Sale Recording Date: Jul 23, 2021
  • Previous Sale Contract Date: Jul 20, 2021
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $419,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: IRON BRIDGE MORTGAGE FUND LLC
  • Previous Mortgage Transaction Date: Jul 23, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $10,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Northeast Coalition of Neighborhoods



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Frequently Asked Questions

What neighborhood is 6525 Northeast 24th Avenue located in?
The 6525 Northeast 24th Avenue is a located in the neighborhood of Concordia in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 6525 Northeast 24th Avenue?
The average sales price for units in 6525 Northeast 24th Avenue is $0 currently.

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