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2122 Southwest Myrtle Street

2122 Southwest Myrtle Street, Portland, OR 97201
Sold Feb 22, 2024
$2,100,000
$650,000 by Resid Wholesale Mortgage, Inc.
Mortgage Due Mar 01, 2054
Sold Feb 22, 2024
$2,100,000
2122 Southwest Myrtle Street 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 1961 and is 63 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 2122 Southwest Myrtle Street has 4,816 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,164 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 11,000 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 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 asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2122 Southwest Myrtle Street sold most recently in Jan 30, 2024 for a total of $2,100,000. If you work out the math, that's approximately a cost of $401.07 per sqft. Before that, the property was also sold for $2,100,000 in Nov 11, 2023. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $34,073 in taxes each year. 2122 Southwest Myrtle Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,589,440. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 4
  • 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: Bowstring truss
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,164
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,000
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 5,236
  • Gross Building Area: 5,236
  • Building Area: 4,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 4,816
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CARTERS ADD TO P
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CARTERS ADD TO P, BLOCK 77, N 10 OF LOT 6, LOT 7&8

Ownership

  • Current Owner : GORDON FAMILY TRUST
  • Current Owner 2: GORDON
  • Previous Owner : AMERICAN INTERNATIONAL RELO SO
  • Owner Before Previous Owner: PEREZ RAYMOND
  • Owner Before Previous Owner 2: MOREAU JAMES MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R10

Geography

  • Account Number: R140405380
  • Parcel: R128514
  • Block: 77
  • Lot: 6,7,8
  • Meridian: SEC 04 TWN 01S RNG 01E
  • Latitude: 45.5116
  • Longitude: -122.7

    Address

  • Full Address: 2122 Sw Myrtle St
  • Address - House Number: 2122
  • Street Direction: SW
  • Address - Street Name: Myrtle
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C014
  • 4-Digit Zip Code: 2377
  • Zip Code: 97201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $34,073
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.0641
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 97
  • Final Value: 2,226,260
  • High Value: 2,369,131
  • Low Value: 2,083,389

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: RESID WHOLESALE MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Feb 22, 2024
  • First Open Lien Mortgage Loan Amount: $650,000
  • 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: Mar 01, 2054

    Market Valuation

  • Market Total Value: $1,850,720
  • Market Land Value: $535,000
  • Market Improvement Value: $1,315,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,589,440

    Sales

  • Current Sale Contract Date: Jan 30, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Transaction ID: 11921312517
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10226
  • Previous Sale Recording Date: Feb 22, 2024
  • Previous Sale Contract Date: Nov 11, 2023
  • Previous Sale Amount: $2,100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESID WHOLESALE MORTGAGE, INC.
  • First Mortgage Transaction Date: Feb 22, 2024
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

About Southwest Hills



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Frequently Asked Questions

What neighborhood is 2122 Southwest Myrtle Street located in?
The 2122 Southwest Myrtle Street is a house located in the neighborhood of Southwest Hills in Southwest Hills, Portland.
What is the average sales price for listings in 2122 Southwest Myrtle Street?
The average sales price for units in 2122 Southwest Myrtle Street is $0 currently.

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