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2997 Southwest Royal Way

2997 Southwest Royal Way, Gresham, OR 97080
Sold Jan 28, 2021
$500,000
$475,000 by Homebridge Financial Services
Mortgage Due Feb 01, 2051
Sold Dec 16, 1999
$217,000
$140,000 by World Svgs Bank Fsb
Mortgage Due Jan 15, 2030
Local assessors in Gresham, OR have categorized 2997 Southwest Royal Way as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 7,049 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2997 Southwest Royal Way has a total of 2,288 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 696 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a bowstring truss style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 22, 2021 for $500,000. That's $167.56 per sqft. Prior to that sales transaction, the property was also sold in Dec 15, 1999 for $217,000. 2997 Southwest Royal Way was last assessed in 2023. The total value of the property was assessed at $349,790. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,060. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 696
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,049
  • Total Building Area: 2,984
  • Gross Building Area: 2,984
  • Building Area: 2,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,288
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GENTRY HIGHLANDS
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GENTRY HIGHLANDS, LOT 27

Ownership

  • Current Owner : SWAFFORD MEUY F
  • Current Owner 2: SWAFFORD DALLAS E
  • Previous Owner : TRAN TUAN Q
  • Previous Owner 2: NGUYEN CHAU M
  • Owner Before Previous Owner: WHITE ROBERT A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

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

Zoning

  • Zoning: LDR-7

Geography

  • Account Number: R311630810
  • Parcel: R168463
  • Lot: 27
  • Meridian: SEC 17 TWN 01S RNG 03E
  • Latitude: 45.476
  • Longitude: -122.471

    Address

  • Full Address: 2997 Sw Royal Way
  • Address - House Number: 2997
  • Street Direction: SW
  • Address - Street Name: Royal
  • Address - Suffix Type: Way
  • State: OR
  • City Name: Gresham
  • Carrier Code: C023
  • 4-Digit Zip Code: 6379
  • Zip Code: 97080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,060
  • Tax Rate Code Area: 383

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 575,925
  • High Value: 671,344
  • Low Value: 480,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jan 28, 2021
  • First Open Lien Mortgage Loan Amount: $475,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $532,370
  • Market Land Value: $215,000
  • Market Improvement Value: $317,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,790

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Jan 28, 2021
  • Current Sale Transaction ID: 11815542572
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-015511
  • Previous Sale Recording Date: Dec 16, 1999
  • Previous Sale Contract Date: Dec 15, 1999
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jan 28, 2021
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SVGS BANK FSB
  • Previous Mortgage Transaction Date: Dec 16, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Jan 15, 2030

About Gresham-Southwest



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Frequently Asked Questions

What neighborhood is 2997 Southwest Royal Way located in?
The 2997 Southwest Royal Way is a located in the neighborhood of Gresham-Southwest in Gresham-Southwest, Gresham.
What is the average sales price for listings in 2997 Southwest Royal Way?
The average sales price for units in 2997 Southwest Royal Way is $0 currently.

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