5501 NE 223rd Ave, Fairview, OR 97024 Property Records

Multnomah County property record for 5501 NE 223rd Ave, Fairview, OR 97024

Property Summary

Property TypeCommercial Office
Details5,063 sqft · built 2014
Lot Size11.7 acres (511,743 sqft)
OwnerCompany Name on Record
Last Sale$1,833,158 (Sep 2000)
Tax Bill$44,796 (2025)
Deeds & MortgagesApr 2020 Mortgage
Flood ZoneZone X (moderate risk)
APN1N3E22 00503

Property Details

APN / Parcel Number

Primary APN1N3E22 00503
Alternative APN
  • R499776

Interior

Building Area5,063 sqft Total Area
1st Floor Area13,199 sqft

Exterior

Year BuiltBuilt 2014
Lot Area511,743 sqft (11.7 acres)
Deck Area3,000 sqft
Total Buildings5 Buildings

Location & Zoning

Account NumberR499776
Street Address5501 NE 223RD AVE
CityFAIRVIEW
StateOR
Zip97024-8703
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Local Zoning CodeGI
Legal DescriptionPARTITION PLAT 2000-98, LOT 1
Legal Range03E
Legal Township01N
Legal Section22
Legal SubdivisionPARTITION PLAT 2000-98
Legal Lot Number1
JurisdictionMULTNOMAH OR
Township / Civil DivisionGRESHAM
Census Block Group3
Census Block3042
Census Tract10200

Owner

Source: Multnomah County records, as of December 15, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing AddressPO BOX 2048, FAIRVIEW, OR 97024-1812
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 1, 2000 · Amount on Record
Deed SaleSep 1, 2000 · Amount on Record
Record UpdatedJun 8, 2026

April 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMULTNOMAH OR
Property Address5501 NE 223RD AVE, FAIRVIEW, OR 97024-8800
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanyWFG TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000044734
DateApr 15, 2020
Instrument2020-044734
Lender
NameHERITAGE BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term120 Months
DueApr 10, 2030

Tax Assessment & Valuation

Source: Multnomah County assessment roll, as of September 30, 2025

Property Jurisdictions

TypeName
StateOregon
CountyMultnomah County
MunicipalityFairview City
Unified School DistrictReynolds School District 7 (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$44,796.00 (+5.91%)$2,524,280 (+3%)$5,575,780 (-) Land $4,093,900 Building $1,481,880
2024$42,297.00 (+2.53%)$2,450,760 (+3%)$5,575,780 (+3.81%) Land $4,093,900 Building $1,481,880
2023$41,255.00 (+2.53%)$2,379,380 (+3%)$5,371,370 (+21.05%) Land $4,093,900 Building $1,277,470
2022$40,238.00$2,310,080$4,437,150 Land $3,326,290 Building $1,110,860

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective May 31, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 30 policies
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies30 in force
Nearby Flood Claims3 (1982–1986)
Claims Outside the SFHA1 of 3
Most Recent ClaimFeb 1986 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 98% of the US · lower than 99.5% of Oregon
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF FAIRVIEW
serves 9,963 people · EPA ID OR4100296
Water SourceGroundwater
Last State InspectionOct 2021
Lead7 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureCorrosion control
Apr 2024
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 1 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Ziply Fiber
Fiber
1,000 / 1,000

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