Check Availability

1980 Southwest Terrace Drive

1980 Southwest Terrace Drive, Portland, OR 97201
Sold Mar 26, 2021
$1,250,000
$1,000,000 by American Neighborhood Mtg Acce
Mortgage Due Apr 01, 2051
Sold Jan 22, 1996
$280,000
Buyer
1980 Southwest Terrace Drive 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 1967 and is 57 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1980 Southwest Terrace Drive has 3,856 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. The garage measured 480 sqft. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as excellent. The building has a reinforced concrete style roof made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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 Mar 23, 2021 for $1,250,000. That's $266.41 per sqft. Prior to that sales transaction, the property was also sold in Jan 18, 1996 for $280,000. 1980 Southwest Terrace Drive was last assessed in 2023. The total value of the property was assessed at $1,266,440. Specifically, the land the property is located on was valued at $495,000. While improvements on the property were assessed at a total of $771,440. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $24,026. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Concrete Exterior
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Excellent
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Reinforced concrete
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 836
  • Garage Square Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,500
  • Total Building Area: 4,692
  • Gross Building Area: 5,096
  • Building Area: 3,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,856
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GROVERS ADD
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GROVERS ADD, BLOCK R&S, LOT 7 EXC NELY 15 OF NWLY 35, LOT 8&9

Ownership

  • Current Owner : LAMPERT CHRIS J
  • Current Owner 2: LAMPERT ANDREA A
  • Previous Owner : FREER HARVEY W
  • Previous Owner 2: MAKER STEVEN J
  • Owner Before Previous Owner: SHEAHAN CAMERON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R346603410
  • Parcel: R174577
  • Block: R,S
  • Lot: 7,8,9
  • Meridian: SEC 04 TWN 01S RNG 01E
  • Latitude: 45.5082
  • Longitude: -122.7

    Address

  • Full Address: 1980 Sw Terrace Dr
  • Address - House Number: 1980
  • Street Direction: SW
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Portland
  • Carrier Code: C045
  • 4-Digit Zip Code: 1791
  • Zip Code: 97201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,026
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1524
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 1,319,686
  • High Value: 1,520,864
  • Low Value: 1,118,509

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,140,000
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Apr 01, 2051
  • Second Open Lien Mortgage Lender: DISCOVER BANK
  • Second Open Lien Mortgage Recording Date: Mar 15, 2022
  • Second Open Lien Mortgage Loan Amount: $140,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 15, 2052

    Market Valuation

  • Market Total Value: $1,266,440
  • Market Land Value: $495,000
  • Market Improvement Value: $771,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,266,440
  • Assessed Land Value: $495,000
  • Assessed Improvements Value: $771,440

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11825957118
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-049988
  • Previous Sale Recording Date: Jan 22, 1996
  • Previous Sale Contract Date: Jan 18, 1996
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Mortgage Transaction Date: Mar 26, 2021
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Southwest Hills



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1980 Southwest Terrace Drive located in?
The 1980 Southwest Terrace Drive is a house located in the neighborhood of Southwest Hills in Southwest Hills, Portland.
What is the average sales price for listings in 1980 Southwest Terrace Drive?
The average sales price for units in 1980 Southwest Terrace Drive is $0 currently.

Quantcast