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16981 Northwest Madrone Street

16981 Northwest Madrone Street, Portland, OR 97229
Sold Sep 18, 2019
$601,000
$465,265 by Quicken Loans Llc
Mortgage Due Feb 01, 2036
Sold May 25, 2016
$607,830
$417,000 by Dhi Mortgage Company Ltd
Mortgage Due Jun 01, 2046
Local assessors in Portland, OR have categorized 16981 Northwest Madrone Street as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 3,485 square feet. 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, 6 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 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 16981 Northwest Madrone Street has a total of 3,375 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 761 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. 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. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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 12, 2019 for $601,000. That's $160.91 per sqft. Prior to that sales transaction, the property was also sold in May 2, 2016 for $607,830. 16981 Northwest Madrone Street was last assessed in 2024. The total value of the property was assessed at $459,830. 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 $8,798. 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. 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.

Building Features

Exterior

Stone Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Fair
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 761
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 3,735
  • Gross Building Area: 3,735
  • Building Area: 3,375
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,375
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BETHANY ABBEY HEIGHTS
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • State Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: BETHANY ABBEY HEIGHTS, LOT 47, ACRES 0.08

Ownership

  • Current Owner : LANDREM ROBERT
  • Previous Owner : DONG HUJIAN
  • Owner Before Previous Owner: D R HORTON INC PORTLAND
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Beaverton School District 48J
  • Census Tract: 031509

Zoning

  • Zoning: R-15 NB

Geography

  • Parcel: R2191679
  • Lot: 47
  • Meridian: SEC 18 TWN 01N RNG 01W
  • Municipality: BEAVERTON
  • Latitude: 45.5753
  • Longitude: -122.852

    Address

  • Full Address: 16981 Nw Madrone St
  • Address - House Number: 16981
  • Street Direction: NW
  • Address - Street Name: Madrone
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C071
  • 4-Digit Zip Code: 1428
  • Zip Code: 97229

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,798
  • Tax Rate Code Area: 052.54

    Appraisal Valuation

  • Standard Deviation: 0.1175
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 87
  • Final Value: 877,341
  • High Value: 980,445
  • Low Value: 774,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,265
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jan 07, 2021
  • First Open Lien Mortgage Loan Amount: $465,265
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $809,190
  • Market Land Value: $333,790
  • Market Improvement Value: $475,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $459,830

    Sales

  • Current Sale Contract Date: Sep 12, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Transaction ID: 11646090741
  • Current Sale Price: $601,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-063857
  • Previous Sale Recording Date: May 25, 2016
  • Previous Sale Contract Date: May 02, 2016
  • Previous Sale Amount: $607,830
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Sep 18, 2019
  • First Mortgage Loan Amount: $480,800
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: May 25, 2016
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046

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Frequently Asked Questions

What neighborhood is 16981 Northwest Madrone Street located in?
The 16981 Northwest Madrone Street is a house located in the neighborhood of Sommerset West - Elmonica North in Sommerset West - Elmonica North, Portland.
What is the average sales price for listings in 16981 Northwest Madrone Street?
The average sales price for units in 16981 Northwest Madrone Street is $0 currently.

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