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1132 Southwest 16th Street

1132 Southwest 16th Street, Lincoln City, OR 97367
Property in Lincoln
Sold May 10, 2023
$370,000
$250,000 by Directors Mortgage, Inc.
Mortgage Due Jun 01, 2053
Sold Jul 27, 2005
$200,000
$190,000 by Response Mortgage Services
Mortgage Due Aug 01, 2035
1132 Southwest 16th Street has been categorized by the local assessors in Lincoln City, OR as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1132 Southwest 16th Street has 1,198 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 7,405 square feet.

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 330 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of wood. As for the floors, you'll see that the home has flooring throughout. 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 electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1132 Southwest 16th Street was last sold in May 5, 2023 for $370,000. According to our calculations, that's $218.16 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Jul 8, 2005. Current property owners are expected to pay $2,332 in taxes per year. The property on 1132 Southwest 16th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $136,410. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 330
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,696
  • Gross Building Area: 1,696
  • Building Area: 1,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,198
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAFT - NELSCOTT
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TWNSHP 07, RNG 11, ACRES 0.18, DOC200511610

Ownership

  • Current Owner : CRAIN KAREN ELIZABETH
  • Current Owner 2: ABELL-CRAIN ANGELA KAY
  • Previous Owner : BULLOCK TAMBRA P
  • Owner Before Previous Owner: LEONARD THOMAS R
  • Owner Before Previous Owner 2: LEONARD ROCHELLE D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lincoln County School District
  • Census Tract: 950402

Zoning

  • Zoning: R-7.5

Geography

  • Account Number: R453260
  • Parcel: R453260
  • Meridian: SEC 22 TWN 07S RNG 11W
  • Latitude: 44.9564
  • Longitude: -124.016

    Address

  • Full Address: 1132 Sw 16th St
  • Address - House Number: 1132
  • Street Direction: SW
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: OR
  • City Name: Lincoln City
  • Carrier Code: C006
  • 4-Digit Zip Code: 2313
  • Zip Code: 97367

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,332
  • Tax Rate Code Area: 402

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 68
  • Final Value: 381,909
  • High Value: 468,593
  • Low Value: 295,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: DIRECTORS MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: May 10, 2023
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $294,690
  • Market Land Value: $73,690
  • Market Improvement Value: $221,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $136,410

    Sales

  • Current Sale Contract Date: May 05, 2023
  • Current Sale Recording Date: May 10, 2023
  • Current Sale Transaction ID: 11906322402
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2988
  • Previous Sale Recording Date: Jul 27, 2005
  • Previous Sale Contract Date: Jul 08, 2005
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIRECTORS MORTGAGE, INC.
  • First Mortgage Transaction Date: May 10, 2023
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: RESPONSE MORTGAGE SERVICES
  • Previous Mortgage Transaction Date: Jul 27, 2005
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Lincoln City



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Frequently Asked Questions

What neighborhood is 1132 Southwest 16th Street located in?
The 1132 Southwest 16th Street is a located in the neighborhood of Lincoln in Lincoln City, Lincoln City.
What is the average sales price for listings in 1132 Southwest 16th Street?
The average sales price for units in 1132 Southwest 16th Street is $0 currently.

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