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325 North 7th Avenue

325 North 7th Avenue, Cornelius, OR 97113
House in Washington
Sold Nov 30, 2018
$310,000
$248,000 by Bank Of America Na
Mortgage Due Dec 01, 2048
Sold Sep 28, 2005
$171,950
$137,560 by United Financial Mortgage Corp
Mortgage Due Oct 01, 2035
Local assessors in Cornelius, OR have categorized 325 North 7th Avenue as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 3,049 square feet. 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, 3 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 325 North 7th Avenue has a total of 1,741 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. 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 387 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 325 North 7th Avenue was last sold in Nov 29, 2018 for $310,000. According to our calculations, that's $145.68 per sqft. Prior to that sales transaction, the property was sold for $171,950 in Sep 26, 2005. Current property owners are expected to pay $4,194 in taxes per year. The property on 325 North 7th Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $249,150. 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. 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.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.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 387
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 2,128
  • Gross Building Area: 2,128
  • Building Area: 1,741
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,741
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDAR TERRACE
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • State Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: CEDAR TERRACE, LOT 22, ACRES 0.07

Ownership

  • Current Owner : LOMARTIRE CHRISTOPHER D
  • Previous Owner : GRIFFIN LANNY D
  • Previous Owner 2: GRIFFIN LANCE G
  • Owner Before Previous Owner: JLS CUSTOM HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forest Grove School District 15
  • Census Tract: 032901

Zoning

  • Zoning: A2

Geography

  • District: 47
  • Parcel: R2130666
  • Lot: 22
  • Meridian: SEC 33 TWN 01N RNG 03W
  • Municipality: CORNELIUS
  • Latitude: 45.5226
  • Longitude: -123.063

    Address

  • Full Address: 325 N 7th Ave
  • Address - House Number: 325
  • Street Direction: N
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Cornelius
  • Carrier Code: R048
  • 4-Digit Zip Code: 6944
  • Zip Code: 97113

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,194
  • Tax Rate Code Area: 015.12

    Appraisal Valuation

  • Standard Deviation: 0.1229
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 86
  • Final Value: 471,578
  • High Value: 529,573
  • Low Value: 413,582

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $248,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 30, 2018
  • First Open Lien Mortgage Loan Amount: $248,000
  • 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: Dec 01, 2048

    Market Valuation

  • Market Total Value: $452,380
  • Market Land Value: $181,190
  • Market Improvement Value: $271,190

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $249,150

    Sales

  • Current Sale Contract Date: Nov 29, 2018
  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Transaction ID: 11538369105
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-080924
  • Previous Sale Recording Date: Sep 28, 2005
  • Previous Sale Contract Date: Sep 26, 2005
  • Previous Sale Amount: $171,950
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 30, 2018
  • First Mortgage Loan Amount: $248,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: UNITED FINANCIAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 28, 2005
  • Previous Mortgage Loan Amount: $137,560
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About Cornelius



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Frequently Asked Questions

What neighborhood is 325 North 7th Avenue located in?
The 325 North 7th Avenue is a house located in the neighborhood of Washington in Cornelius, Cornelius.
What is the average sales price for listings in 325 North 7th Avenue?
The average sales price for units in 325 North 7th Avenue is $0 currently.

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