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2540 Southwest 2nd Street

2540 Southwest 2nd Street, Mcminnville, OR 97128
Property in Yamhill
2540 Southwest 2nd Street in Mcminnville, OR was first built in 1950 and is 74 years old. This has been categorized as a agricultural property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2540 Southwest 2nd Street has 2,763 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 377 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 92,783 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 544 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $6,318 in taxes per year. The property on 2540 Southwest 2nd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $373,797. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 377
  • Garage Type: Attached
  • Garage Square Area: 544
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 92,783
  • Total Building Area: 3,307
  • Gross Building Area: 3,307
  • Building Area: 3,307
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,763
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Agricultural
  • Land Acres: 2.13
  • Standard Land Use Code: Farm land
  • Legal Description 1: PT OF PARCEL 2 P1995-88

Ownership

  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: McMinnville School District 40
  • Census Tract: 030602

Zoning

  • Zoning: R-2

Geography

  • Parcel: 503815
  • Lot: 2
  • Meridian: SEC 19 TWN 04S RNG 04W
  • Municipality: CITY OF MCMINNVILLE
  • Latitude: 45.2089
  • Longitude: -123.237

    Address

  • Full Address: 2540 Sw 2nd St
  • Address - House Number: 2540
  • Street Direction: SW
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: OR
  • City Name: Mcminnville
  • Carrier Code: R007
  • 4-Digit Zip Code: 9188
  • Zip Code: 97128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,318
  • Tax Rate Code Area: 40

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: FIRST FSLA OF MCMINNVILLE
  • First Open Lien Mortgage Recording Date: Jan 26, 2018
  • First Open Lien Mortgage Loan Amount: $160,000
  • 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, 2033

    Market Valuation

  • Market Total Value: $1,079,563
  • Market Land Value: $609,814
  • Market Improvement Value: $469,749

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,797

About McMinnville



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Frequently Asked Questions

What neighborhood is 2540 Southwest 2nd Street located in?
The 2540 Southwest 2nd Street is a located in the neighborhood of Yamhill in McMinnville, Mcminnville.
What is the average sales price for listings in 2540 Southwest 2nd Street?
The average sales price for units in 2540 Southwest 2nd Street is $0 currently.

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