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1240 Southeast 1st Street

1240 Southeast 1st Street, Mcminnville, OR 97128
Property in Yamhill
Sold Oct 19, 2021
$360,000
$368,280 by Mortgage Research Center Llc
Mortgage Due Nov 01, 2051
Sold Mar 22, 2007
$210,000
$210,000 by Countrywide Home Loans Inc
Mortgage Due Apr 01, 2037
1240 Southeast 1st Street has been categorized by the local assessors in Mcminnville, OR as a residential type of property. The building on the property was first built in 1961 and is 63 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, 1240 Southeast 1st Street has 1,424 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 5,001 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 carport for those who require parking. The garage measured 252 sqft. According to our sources, there is one available parking space. The building has a gable style roof made of composition shingle. The exterior walls of the building are 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 air conditioning at the moment. In terms of heating, it is utilizing a heat pump. 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, 1240 Southeast 1st Street was last sold in Sep 29, 2021 for $360,000. According to our calculations, that's $252.81 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Mar 16, 2007. Current property owners are expected to pay $3,040 in taxes per year. The property on 1240 Southeast 1st Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $179,876. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,424
  • Gross Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COOKS PARK
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 - BLOCK 8 IN COOKS PARK

Ownership

  • Current Owner : VILLAFUERTE ISRAEL GARCIA
  • Previous Owner : NEWELL JAMES C
  • Previous Owner 2: NEWELL RACHEL
  • Owner Before Previous Owner: LONG NATHAN
  • Owner Before Previous Owner 2: LONG TIFFANY ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McMinnville School District 40
  • Census Tract: 030802

Zoning

  • Zoning: R-2

Geography

  • Parcel: 165662
  • Block: 8
  • Lot: 2
  • Meridian: SEC 21 TWN 04S RNG 04W
  • Municipality: CITY OF MCMINNVILLE
  • Latitude: 45.2084
  • Longitude: -123.186

    Address

  • Full Address: 1240 Se 1st St
  • Address - House Number: 1240
  • Street Direction: SE
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: OR
  • City Name: Mcminnville
  • Carrier Code: C014
  • 4-Digit Zip Code: 6065
  • Zip Code: 97128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,040
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 75
  • Final Value: 373,376
  • High Value: 443,667
  • Low Value: 303,085

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $368,280
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Oct 19, 2021
  • First Open Lien Mortgage Loan Amount: $368,280
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $348,411
  • Market Land Value: $131,788
  • Market Improvement Value: $216,623

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,876

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Transaction ID: 11859854555
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202120791
  • Previous Sale Recording Date: Mar 22, 2007
  • Previous Sale Contract Date: Mar 16, 2007
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Oct 19, 2021
  • First Mortgage Loan Amount: $368,280
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Mar 22, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2037

About McMinnville



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1240 Southeast 1st Street located in?
The 1240 Southeast 1st Street is a located in the neighborhood of Yamhill in McMinnville, Mcminnville.
What is the average sales price for listings in 1240 Southeast 1st Street?
The average sales price for units in 1240 Southeast 1st Street is $0 currently.

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