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1010 Northwest Fillmore Avenue

1010 Northwest Fillmore Avenue, Corvallis, OR 97330
Sold Dec 10, 2018
$5,200,000
$3,900,000 by Umpqua Bank
Mortgage Due Nov 29, 2028
1010 Northwest Fillmore Avenue has been categorized by the local assessors in Corvallis, OR as a residential type of property. The building on the property was first built in 1960 and is 64 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1010 Northwest Fillmore Avenue has 35,910 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 38,768 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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. Moving on to the building itself. The condition of the building has been evaluated as average. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating 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, 1010 Northwest Fillmore Avenue was last sold in Dec 7, 2018 for $5,200,000. According to our calculations, that's $144.81 per sqft. Current property owners are expected to pay $47,407 in taxes per year. The property on 1010 Northwest Fillmore Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,544,565. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Style: Multifamily
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 35,910
  • Gross Building Area: 35,910
  • Building Area: 35,910
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 35,910
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOBS ADDITION
  • Land Acres: 0.89
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)

Ownership

  • Current Owner : EXPLAZA LLC
  • Previous Owner : OCF JOSEPH E WESTON PUBLIC FOUNDATION
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Corvallis School District 509J
  • School Tax School District: 0901
  • Census Tract: 001102

Zoning

  • Zoning: RS-9

Geography

  • Assessors Map Reference: 11535BD
  • Account Number: 117881
  • Parcel: 117881
  • Meridian: SEC 35 TWN 11S RNG 5W
  • Municipality: CITY OF CORVALLIS
  • Latitude: 44.5726
  • Longitude: -123.266

    Address

  • Full Address: 1010 Nw Fillmore Ave
  • Address - House Number: 1010
  • Street Direction: NW
  • Address - Street Name: Fillmore
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Corvallis
  • Carrier Code: C038
  • 4-Digit Zip Code: 6064
  • Zip Code: 97330

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $47,407
  • Tax Rate Code Area: 0901

    Appraisal Valuation

  • Standard Deviation: 0.477
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 4
  • Final Value: 4,970,154
  • High Value: 7,341,195
  • Low Value: 2,599,112

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,900,000
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: Dec 10, 2018
  • First Open Lien Mortgage Loan Amount: $3,900,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 29, 2028

    Market Valuation

  • Market Total Value: $5,384,687
  • Market Land Value: $3,707,375
  • Market Improvement Value: $1,677,312

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,544,565

    Sales

  • Current Sale Contract Date: Dec 07, 2018
  • Current Sale Recording Date: Dec 10, 2018
  • Current Sale Transaction ID: 11542322317
  • Current Sale Price: $5,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-577276

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Dec 10, 2018
  • First Mortgage Loan Amount: $3,900,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 29, 2028

About Northwest Corvallis



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1010 Northwest Fillmore Avenue located in?
The 1010 Northwest Fillmore Avenue is a located in the neighborhood of Northwest Corvallis in Northwest Corvallis, Corvallis.
What is the average sales price for listings in 1010 Northwest Fillmore Avenue?
The average sales price for units in 1010 Northwest Fillmore Avenue is $0 currently.

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