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1402 South Military Place

1402 South Military Place, Portland, OR 97219
Property in Forest Highlands
Sold Sep 30, 2021
$2,495,000
$1,882,400 by United Wholesale Mortgage
Mortgage Due Oct 01, 2051
Sold Jun 22, 2018
$1,936,500
Local assessors in Portland, OR have categorized 1402 South Military Place as a residential type of property. The home was built in 1922 and is 102 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 25,700 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1402 South Military Place has a total of 3,126 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 739 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 28, 2021 for $2,495,000. That's $798.14 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 2018 for $1,936,500. 1402 South Military Place was last assessed in 2023. The total value of the property was assessed at $1,141,780. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $22,043. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 739
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 3,126
  • Gross Building Area: 3,126
  • Building Area: 3,126
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,126
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 34 1S 1E, TL 500 0.59 ACRES

Ownership

  • Current Owner : COIT HOLLY O
  • Current Owner 2: HOLLY O COIT TRUST
  • Previous Owner : SWEENEY KATHLEEN M
  • Previous Owner 2: SWEENEY CHRISTOPHER J
  • Owner Before Previous Owner: JOHNSON II JOHN H
  • Owner Before Previous Owner 2: JOHNSON GRETCHEN C
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Riverdale School District 51J
  • Census Tract: 006300

Zoning

  • Zoning: R20

Geography

  • Account Number: R991340150
  • Parcel: R331664
  • Meridian: SEC 34 TWN 01S RNG 01E
  • Latitude: 45.4396
  • Longitude: -122.664

    Address

  • Full Address: 1402 S Military Pl
  • Address - House Number: 1402
  • Street Direction: S
  • Address - Street Name: Military
  • Address - Suffix Type: Pl
  • State: OR
  • City Name: Portland
  • Carrier Code: C002
  • 4-Digit Zip Code: 7993
  • Zip Code: 97219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,043
  • Tax Rate Code Area: 304

    Appraisal Valuation

  • Standard Deviation: 0.2221
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 1,106,412
  • High Value: 1,352,179
  • Low Value: 860,645

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,882,400
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Loan Amount: $1,882,400
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $1,668,060
  • Market Land Value: $560,000
  • Market Improvement Value: $1,108,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,141,780

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11857492623
  • Current Sale Price: $2,495,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-147112
  • Previous Sale Recording Date: Jun 22, 2018
  • Previous Sale Contract Date: Jun 20, 2018
  • Previous Sale Amount: $1,936,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 30, 2021
  • First Mortgage Loan Amount: $1,882,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

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Frequently Asked Questions

What neighborhood is 1402 South Military Place located in?
The 1402 South Military Place is a located in the neighborhood of Forest Highlands in Lake Oswego, Portland.
What is the average sales price for listings in 1402 South Military Place?
The average sales price for units in 1402 South Military Place is $0 currently.

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