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8838 Northeast Hancock Street

8838 Northeast Hancock Street, Portland, OR 97220
Property in Madison South
Sold Dec 30, 2021
$410,000
$389,500 by Rocket Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Dec 21, 2021
$410,000
$389,500 by Rocket Mortgage Llc
Mortgage Due Jan 01, 2052
8838 Northeast Hancock Street 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 1952 and is 72 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 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, 8838 Northeast Hancock Street has 1,748 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 partial basement that is 910 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 7,620 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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 attached garage for those who require parking. The garage measured 220 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a screened porch and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. 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. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 8838 Northeast Hancock Street sold most recently in Dec 16, 2021 for a total of $410,000. If you work out the math, that's approximately a cost of $165.46 per sqft. Before that, the property was also sold for $410,000 in Dec 16, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $5,153 in taxes each year. 8838 Northeast Hancock Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $194,450. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Style: Cape Cod
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 910
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 7,620
  • Total Building Area: 2,478
  • Gross Building Area: 2,786
  • Building Area: 1,748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,748
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EASTGATE VILLAGE
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EASTGATE VILLAGE, BLOCK 9, LOT 14

Ownership

  • Current Owner : ALVARADO STEVEN J
  • Current Owner 2: BETZER SARAH J
  • Previous Owner : MONLUX KAREN
  • Previous Owner 2: MILLER KAREN L
  • Owner Before Previous Owner: MONIUX KAREN
  • Owner Before Previous Owner 2: MILLER KAREN L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Revocable Trust

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 002903

Zoning

  • Zoning: R5

Geography

  • Account Number: R229002050
  • Parcel: R151968
  • Block: 9
  • Lot: 14
  • Meridian: SEC 28 TWN 01N RNG 02E
  • Latitude: 45.536
  • Longitude: -122.572

    Address

  • Full Address: 8838 Ne Hancock St
  • Address - House Number: 8838
  • Street Direction: NE
  • Address - Street Name: Hancock
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C021
  • 4-Digit Zip Code: 5537
  • Zip Code: 97220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,153
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 493,653
  • High Value: 579,208
  • Low Value: 408,097

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $389,500
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $389,500
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $492,250
  • Market Land Value: $249,500
  • Market Improvement Value: $242,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,450

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Transaction ID: 11875895115
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-187249
  • Previous Sale Recording Date: Dec 21, 2021
  • Previous Sale Contract Date: Dec 16, 2021
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ROCKET MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 21, 2021
  • Previous Mortgage Loan Amount: $389,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052

About Central Northeast Neighbors Incorporated



Similar Buildings

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 8838 Northeast Hancock Street located in?
The 8838 Northeast Hancock Street is a located in the neighborhood of Madison South in Central Northeast Neighbors Incorporated, Portland.
What is the average sales price for listings in 8838 Northeast Hancock Street?
The average sales price for units in 8838 Northeast Hancock Street is $0 currently.

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