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2980 Southwest 31st Street

2980 Southwest 31st Street, Gresham, OR 97080
Sold Jun 29, 2016
$324,000
$231,000 by Guild Mortgage Co
Mortgage Due Dec 01, 2036
2980 Southwest 31st Street in Gresham, OR was first built in 1995 and is 29 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 contemporary style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2980 Southwest 31st Street has 2,128 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 532 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 7,000 square feet.

Learn more about the property and building on this page. The home has a bowstring truss 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 attached garage. The garage is 560 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit 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. 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, 2980 Southwest 31st Street sold most recently in Jun 17, 2016 for a total of $324,000. If you work out the math, that's approximately a cost of $120.54 per sqft. 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 $5,008 in taxes each year. 2980 Southwest 31st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $289,040. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 532
  • Garage Type: Attached
  • Garage Square Area: 560
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 2,688
  • Gross Building Area: 2,688
  • Building Area: 2,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,128
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EMERALD HEIGHTS NO 3
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EMERALD HEIGHTS NO 3, LOT 95

Ownership

  • Current Owner : SAECHAO KAO
  • Current Owner 2: PHAN LISA
  • Previous Owner : FISCHER ALFRED J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Centennial School District 28J
  • Census Tract: 009903

Zoning

  • Zoning: LDR-5

Geography

  • Account Number: R251550080
  • Parcel: R157208
  • Lot: 95
  • Meridian: SEC 20 TWN 01S RNG 03E
  • Latitude: 45.4744
  • Longitude: -122.462

    Address

  • Full Address: 2980 Sw 31st St
  • Address - House Number: 2980
  • Street Direction: SW
  • Address - Street Name: 31st
  • Address - Suffix Type: St
  • State: OR
  • City Name: Gresham
  • Carrier Code: R007
  • 4-Digit Zip Code: 5454
  • Zip Code: 97080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,008
  • Tax Rate Code Area: 383

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 531,316
  • High Value: 613,661
  • Low Value: 448,972

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Loan Amount: $231,000
  • 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: Dec 01, 2036

    Market Valuation

  • Market Total Value: $479,280
  • Market Land Value: $218,500
  • Market Improvement Value: $260,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,040

    Sales

  • Current Sale Contract Date: Jun 17, 2016
  • Current Sale Recording Date: Jun 29, 2016
  • Current Sale Transaction ID: 1625562731
  • Current Sale Price: $324,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-079783

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Jun 29, 2016
  • First Mortgage Loan Amount: $259,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

About Gresham-Southwest



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Frequently Asked Questions

What neighborhood is 2980 Southwest 31st Street located in?
The 2980 Southwest 31st Street is a located in the neighborhood of Gresham-Southwest in Gresham-Southwest, Gresham.
What is the average sales price for listings in 2980 Southwest 31st Street?
The average sales price for units in 2980 Southwest 31st Street is $0 currently.

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