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12948 Southwest 61st Avenue

12948 Southwest 61st Avenue, Portland, OR 97219
House in Oak Creek
Sold Dec 17, 2021
$600,000
$540,000 by United Wholesale Mortgage
Mortgage Due Jan 01, 2052
Sold Aug 10, 2021
$380,000
$10,000,000 by Iron Bridge Mortgage Fund Llc
Mortgage
12948 Southwest 61st Avenue in Portland, OR was first built in 1977 and is 47 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 12948 Southwest 61st Avenue has 1,080 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,597 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. For those who need parking, there is a garage. The garage is 440 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of wood. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 12948 Southwest 61st Avenue sold most recently in Dec 14, 2021 for a total of $600,000. If you work out the math, that's approximately a cost of $555.56 per sqft. Before that, the property was also sold for $380,000 in Jul 2, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,623 in taxes each year. 12948 Southwest 61st Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $319,542. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Driveway

Driveway

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,597
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHWOOD PARK #1
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 767 SOUTHWOOD PARK #1 LT 5 BLK 3

Ownership

  • Current Owner : HENRY DELUCCO KELLY LYNN
  • Current Owner 2: DELUCCO RICKY SHAUN
  • Previous Owner : KAPZ LLC
  • Owner Before Previous Owner: GRAB JEFFREY DONALD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lake Oswego School District 7J
  • School Tax School District: SRV 5 LIGHTING
  • Census Tract: 020304

Zoning

  • Zoning: R7

Geography

  • Assessors Map Reference: 655-H4
  • Account Number: 00222271
  • Parcel: 00222271
  • Block: 3
  • Lot: 5
  • Meridian: SEC 06 TWN 2S RNG 1E
  • Municipality: COUNTY CLACKAMAS
  • Latitude: 45.4319
  • Longitude: -122.739

    Address

  • Full Address: 12948 Sw 61st Ave
  • Address - House Number: 12948
  • Street Direction: SW
  • Address - Street Name: 61st
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C024
  • 4-Digit Zip Code: 8015
  • Zip Code: 97219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,623
  • Tax Rate Code Area: 007-024

    Appraisal Valuation

  • Standard Deviation: 0.1839
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 75
  • Final Value: 647,386
  • High Value: 766,504
  • Low Value: 528,269

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Loan Amount: $540,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $709,741
  • Market Land Value: $255,501
  • Market Improvement Value: $454,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,542

    Sales

  • Current Sale Contract Date: Dec 14, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11874584682
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-109447
  • Previous Sale Recording Date: Aug 10, 2021
  • Previous Sale Contract Date: Jul 02, 2021
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: IRON BRIDGE MORTGAGE FUND LLC
  • Previous Mortgage Transaction Date: Aug 10, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $10,000,000
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Lake Oswego



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Frequently Asked Questions

What neighborhood is 12948 Southwest 61st Avenue located in?
The 12948 Southwest 61st Avenue is a house located in the neighborhood of Oak Creek in Lake Oswego, Portland.
What is the average sales price for listings in 12948 Southwest 61st Avenue?
The average sales price for units in 12948 Southwest 61st Avenue is $0 currently.

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