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2585 Southwest 16th Avenue

2585 Southwest 16th Avenue, Portland, OR 97201
Sold May 18, 2022
$2,270,000
$1,589,000 by First Republic Bank
Mortgage Due Jun 01, 2052
Sold Mar 18, 2019
$1,700,000
$1,300,000 by Crosscountry Mortgage Inc
Mortgage Due Apr 01, 2049
2585 Southwest 16th Avenue in Portland, OR was first built in 1915 and is 109 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 2585 Southwest 16th Avenue has 3,945 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. In total, the area measurement of the land is 12,650 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a detached garage. The garage is 456 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. As for heating, the home is utilizing a hot water heating system and being fueled with gas. 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. Based on our sources, 2585 Southwest 16th Avenue was last sold in May 17, 2022 for $2,270,000. According to our calculations, that's $416.90 per sqft. Prior to that sales transaction, the property was sold for $1,700,000 in Mar 15, 2019. Current property owners are expected to pay $25,894 in taxes per year. The property on 2585 Southwest 16th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $978,100. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,500
  • Garage Type: Detached
  • Garage Square Area: 456
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,650
  • Total Building Area: 5,445
  • Gross Building Area: 5,712
  • Building Area: 3,945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,945
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GROVERS ADD
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GROVERS ADD, BLOCK 112, INC 10 STRIP E OF & 15 STRIP S OF & ADJ LOT 1, INC 15 STRIP S OF & ADJ LOT 2

Ownership

  • Current Owner : NAGENDRAN FAMILY TRUST
  • Previous Owner : HOGUE STUART R
  • Owner Before Previous Owner: FLINTERMAN ROGERS GERARD J
  • Owner Before Previous Owner 2: FLINTERMAN ROGERS NICOLE
  • 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: R5

Geography

  • Account Number: R346601090
  • Parcel: R174462
  • Block: 112
  • Lot: 1
  • Meridian: SEC 04 TWN 01S RNG 01E
  • Latitude: 45.5072
  • Longitude: -122.696

    Address

  • Full Address: 2585 Sw 16th Ave
  • Address - House Number: 2585
  • Street Direction: SW
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C045
  • 4-Digit Zip Code: 1701
  • Zip Code: 97201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,894
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2278
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 2,342,093
  • High Value: 2,875,676
  • Low Value: 1,808,510

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,589,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: May 18, 2022
  • First Open Lien Mortgage Loan Amount: $1,589,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $1,836,220
  • Market Land Value: $605,000
  • Market Improvement Value: $1,231,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $978,100

    Sales

  • Current Sale Contract Date: May 17, 2022
  • Current Sale Recording Date: May 18, 2022
  • Current Sale Transaction ID: 11887716048
  • Current Sale Price: $2,270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 51288
  • Previous Sale Recording Date: Mar 18, 2019
  • Previous Sale Contract Date: Mar 15, 2019
  • Previous Sale Amount: $1,700,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: May 18, 2022
  • First Mortgage Loan Amount: $1,589,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 18, 2019
  • Previous Mortgage Loan Amount: $1,300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About Southwest Hills



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Frequently Asked Questions

What neighborhood is 2585 Southwest 16th Avenue located in?
The 2585 Southwest 16th Avenue is a house located in the neighborhood of Southwest Hills in Southwest Hills, Portland.
What is the average sales price for listings in 2585 Southwest 16th Avenue?
The average sales price for units in 2585 Southwest 16th Avenue is $0 currently.

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