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1961 Southwest Vista Avenue

1961 Southwest Vista Avenue, Portland, OR 97201
Property in Southwest Hills
Sold Oct 02, 2018
$1,739,240
$1,391,392 by Commerica Bank
Mortgage Due Nov 01, 2048
1961 Southwest Vista Avenue has been categorized by the local assessors in Portland, OR as a residential type of property. The building on the property was first built in 1913 and is 111 years old. The home has a total of 7 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1961 Southwest Vista Avenue has 6,515 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,410 ft and across the front of the lot is 1,500 ft. The area measurement of the land has been determined as 21,150 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

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 detached garage for those who require parking. The garage measured 608 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a bowstring truss style roof made of composition shingle. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. The property was last sold in Sep 28, 2018 for $1,739,240. That's $190.96 per sqft. 1961 Southwest Vista Avenue was last assessed in 2023. The total value of the property was assessed at $1,521,160. 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 $38,073. 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! 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: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Good
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 2,593
  • Garage Type: Detached
  • Garage Square Area: 608
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 21,150
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 9,108
  • Gross Building Area: 9,108
  • Building Area: 6,515
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 6,515
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CARTERS ADD TO P
  • Land Acres: 0.486
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CARTERS ADD TO P, BLOCK 49, LOT 5-7

Ownership

  • Current Owner : REAVES CHRISTOPHER
  • Current Owner 2: REAVES PAMELA JEAN
  • Previous Owner : LEWIN ERIC J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 004602

Zoning

  • Zoning: R10

Geography

  • Account Number: R140402080
  • Parcel: R128314
  • Block: 49
  • Lot: 5-7
  • Meridian: SEC 04 TWN 01S RNG 01E
  • Latitude: 45.513
  • Longitude: -122.698

    Address

  • Full Address: 1961 Sw Vista Ave
  • Address - House Number: 1961
  • Street Direction: SW
  • Address - Street Name: Vista
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C014
  • 4-Digit Zip Code: 2454
  • Zip Code: 97201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $38,073
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 2,360,534
  • High Value: 2,860,995
  • Low Value: 1,860,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,391,392
  • First Open Lien Mortgage Lender: COMMERICA BANK
  • First Open Lien Mortgage Recording Date: Oct 02, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,391,392
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Market Valuation

  • Market Total Value: $2,135,440
  • Market Land Value: $949,500
  • Market Improvement Value: $1,185,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,521,160

    Sales

  • Current Sale Contract Date: Sep 28, 2018
  • Current Sale Recording Date: Oct 02, 2018
  • Current Sale Transaction ID: 11510567070
  • Current Sale Price: $1,739,240
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-102903

    Last Sale Mortgage

  • First Mortgage Lender: COMMERICA BANK
  • First Mortgage Transaction Date: Oct 02, 2018
  • First Mortgage Loan Amount: $1,391,392
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Southwest Hills



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1961 Southwest Vista Avenue located in?
The 1961 Southwest Vista Avenue is a located in the neighborhood of Southwest Hills in Southwest Hills, Portland.
What is the average sales price for listings in 1961 Southwest Vista Avenue?
The average sales price for units in 1961 Southwest Vista Avenue is $0 currently.

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