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2208 Southwest Culver Highway

2208 Southwest Culver Highway, Madras, OR 97741
Property in Jefferson
Sold Oct 25, 2023
$3,250,000
Sold Jul 22, 2015
$135,000
$90,000 by Academy Mortgage Corp
Mortgage Due Aug 01, 2045
2208 Southwest Culver Highway has been categorized by the local assessors in Madras, OR as a residential type of property. The building on the property was first built in 1970 and is 54 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 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, 2208 Southwest Culver Highway has 1,664 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 108,900 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 2208 Southwest Culver Highway sold most recently in Aug 30, 2023 for a total of $3,250,000. If you work out the math, that's approximately a cost of $1,953.13 per sqft. Before that, the property was also sold for $135,000 in Jul 22, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,810 in taxes each year. 2208 Southwest Culver Highway was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $173,080. 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. 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.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: 1970
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 108,900
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,664
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 11 S 13 E 22 00502 00

Ownership

  • Current Owner : LUTZENBERGER PAUL J
  • Current Owner 2: LUTZENBERGER AMIE P
  • Previous Owner : HD PENSION FARMLAND LLC
  • Owner Before Previous Owner: STARKEL MARY C

Neighborhood

  • School District Name: Jefferson County School District 509J
  • Census Tract: 960201

Zoning

  • Zoning: RR-5

Geography

  • Account Number: 2016
  • Section: 22
  • Parcel: 2016
  • Meridian: SEC 22 TWN 11S RNG 13E
  • Municipality: OUTLYING MADRAS-METOLIUS AREA
  • Latitude: 44.6044
  • Longitude: -121.156

    Address

  • Full Address: 2208 Sw Culver Hwy
  • Address - House Number: 2208
  • Street Direction: SW
  • Address - Street Name: Culver
  • Address - Suffix Type: Hwy
  • State: OR
  • City Name: Madras
  • Carrier Code: R001
  • 4-Digit Zip Code: 8803
  • Zip Code: 97741

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,810
  • Tax Rate Code Area: 110

    Appraisal Valuation

  • Standard Deviation: 0.0812
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 405,680
  • High Value: 438,660
  • Low Value: 372,700

    Market Valuation

  • Market Total Value: $409,960
  • Market Land Value: $153,860
  • Market Improvement Value: $256,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $173,080

    Sales

  • Current Sale Contract Date: Aug 30, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Transaction ID: 11915073699
  • Current Sale Price: $3,250,000
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 3020
  • Previous Sale Recording Date: Jul 22, 2015
  • Previous Sale Contract Date: Jul 22, 2015
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 22, 2015
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

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Frequently Asked Questions

What neighborhood is 2208 Southwest Culver Highway located in?
The 2208 Southwest Culver Highway is a located in the neighborhood of Jefferson in Jefferson, Madras.
What is the average sales price for listings in 2208 Southwest Culver Highway?
The average sales price for units in 2208 Southwest Culver Highway is $0 currently.

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