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3945 Southwest 57th Avenue

3945 Southwest 57th Avenue, Portland, OR 97221
Property in Bridlemile
Sold Jun 26, 2017
$945,000
Sold May 11, 2004
$446,000
$269,500 by Pmc
Mortgage Due Jun 01, 2034
Local assessors in Portland, OR have categorized 3945 Southwest 57th Avenue as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 16,117 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. As for the restroom situation, there are 2 full bathrooms. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 3945 Southwest 57th Avenue has a total of 2,456 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 carport for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a roof that is made of asphalt and ply sheets in a built-up roof style. The home's a forced air unit is the primary heating source. 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, 3945 Southwest 57th Avenue sold most recently in Jun 9, 2017 for a total of $945,000. If you work out the math, that's approximately a cost of $384.77 per sqft. Before that, the property was also sold for $446,000 in May 5, 2004. 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 $9,128 in taxes each year. 3945 Southwest 57th Avenue was most recently assessed in 2017. During this assessment, the property's total value was estimated to be about $425,560. 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: 1961
  • Effective Year Built: 1961
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Building Style: Other
  • Roof Cover Type: Built-up
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 2,456
  • Building Area: 2,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILCOX ESTATES
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILCOX ESTATES, BLOCK 2, LOT 4

Ownership

  • Current Owner : MEIHOFF JOHN F
  • Current Owner 2: MEIHOFF DARCIE
  • Previous Owner : WALTER JAMES P
  • Previous Owner 2: WALTER KIMBERLY S
  • Owner Before Previous Owner: PEDRO WINNIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 006801

Zoning

  • Zoning: R10

Geography

  • Account Number: R306057
  • Parcel: 1S1E07CA 09800 01
  • Block: 2
  • Lot: 4
  • Meridian: SEC 07 TWN 01S RNG 01E
  • Latitude: 45.4945
  • Longitude: -122.736

    Address

  • Full Address: 3945 Sw 57th Ave
  • Address - House Number: 3945
  • Street Direction: SW
  • Address - Street Name: 57th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C022
  • 4-Digit Zip Code: 2029
  • Zip Code: 97221

Valuation

    Tax

  • Tax Year: 2018
  • Tax Amount: $9,128
  • Tax Rate Code Area: 121

    Appraisal Valuation

  • Valuation Date: Jan 01, 1900

    Market Valuation

  • Market Total Value: $781,980
  • Market Land Value: $339,000
  • Market Improvement Value: $442,980

    Assessments Valuation

  • Assessed Year: 2017
  • Assessed Total Value: $425,560

    Sales

  • Current Sale Contract Date: Jun 09, 2017
  • Current Sale Recording Date: Jun 26, 2017
  • Current Sale Transaction ID: 1589026351
  • Current Sale Price: $945,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-076974
  • Previous Sale Recording Date: May 11, 2004
  • Previous Sale Contract Date: May 05, 2004
  • Previous Sale Amount: $446,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC RESIDENTIAL MORTGAGE L
  • First Mortgage Transaction Date: Jun 26, 2017
  • First Mortgage Loan Amount: $495,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PMC
  • Previous Mortgage Transaction Date: May 11, 2004
  • Previous Mortgage Loan Amount: $269,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2034

About Lair Hill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3945 Southwest 57th Avenue located in?
The 3945 Southwest 57th Avenue is a located in the neighborhood of Bridlemile in Lair Hill, Portland.
What is the average sales price for listings in 3945 Southwest 57th Avenue?
The average sales price for units in 3945 Southwest 57th Avenue is $0 currently.

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