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1517 South 7th Street

1517 South 7th Street, Independence, OR 97351
Property in Polk
Sold May 06, 2014
$140,000
$80,000 by Wms Series Llc
Mortgage Due Jun 01, 2044
Sold Jun 03, 2005
$139,900
$111,900 by Impac Lending Group
Mortgage Due Jun 01, 2035
Local assessors in Independence, OR have categorized 1517 South 7th Street as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 5,642 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1517 South 7th Street has a total of 1,132 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 430 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. The building has a gable or hip style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. The property was last sold in May 2, 2014 for $140,000. That's $89.63 per sqft. Prior to that sales transaction, the property was also sold in Jun 2, 2005 for $139,900. 1517 South 7th Street was last assessed in 2024. The total value of the property was assessed at $170,170. Specifically, the land the property is located on was valued at $52,880. While improvements on the property were assessed at a total of $117,290. 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 $3,144. The initial tax year of delinquency was in 2018. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 430
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,642
  • Total Building Area: 1,562
  • Gross Building Area: 1,562
  • Building Area: 1,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN FIR ESTATES PHASE 5
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MOUNTAIN FIR ESTATES PHASE 5 LOT 38

Ownership

  • Current Owner : KIM RUBIN ELAINE
  • Current Owner 2: RUBIN ARTHUR
  • Previous Owner : FABIAN ANGEL
  • Previous Owner 2: FABIAN JUANA
  • Owner Before Previous Owner: HILLIGOSS HOMES INC
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Central School District 13J
  • Census Tract: 020305

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: 08-4-29DD
  • Account Number: 566162
  • Parcel: 566162
  • Lot: 38
  • Meridian: SEC 29 TWN 08S RNG 4W
  • Municipality: POLK COUNTY FD #1 LOCAL OPTION
  • Latitude: 44.8388
  • Longitude: -123.193

    Address

  • Full Address: 1517 S 7th St
  • Address - House Number: 1517
  • Street Direction: S
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: OR
  • City Name: Independence
  • Carrier Code: C002
  • 4-Digit Zip Code: 1439
  • Zip Code: 97351

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,144
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 1330

    Appraisal Valuation

  • Standard Deviation: 0.181
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 358,830
  • High Value: 423,793
  • Low Value: 293,866

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: WMS SERIES LLC
  • First Open Lien Mortgage Recording Date: May 06, 2014
  • First Open Lien Mortgage Loan Amount: $80,000
  • 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, 2044

    Market Valuation

  • Market Total Value: $326,380
  • Market Land Value: $135,000
  • Market Improvement Value: $191,380

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $170,170
  • Assessed Land Value: $52,880
  • Assessed Improvements Value: $117,290

    Sales

  • Current Sale Contract Date: May 02, 2014
  • Current Sale Recording Date: May 06, 2014
  • Current Sale Transaction ID: 11464130968
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-003574
  • Previous Sale Recording Date: Jun 03, 2005
  • Previous Sale Contract Date: Jun 02, 2005
  • Previous Sale Amount: $139,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WMS SERIES LLC
  • First Mortgage Transaction Date: May 06, 2014
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: IMPAC LENDING GROUP
  • Previous Mortgage Transaction Date: Jun 03, 2005
  • Previous Mortgage Loan Amount: $111,900
  • 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: Jun 01, 2035

About Independence



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1483 S 6th St #1483 S 6th St, Independence, OR, 97351 Listing by Manager

Frequently Asked Questions

What neighborhood is 1517 South 7th Street located in?
The 1517 South 7th Street is a located in the neighborhood of Polk in Independence, Independence.
What is the average sales price for listings in 1517 South 7th Street?
The average sales price for units in 1517 South 7th Street is $0 currently.

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