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402 Spruce Avenue

402 Spruce Avenue, Independence, OR 97351
House in Polk
Sold Dec 07, 2021
$345,000
$352,935 by Nations Direct Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Mar 06, 2019
$224,000
$219,942 by Lpmc Llc
Mortgage Due Apr 01, 2049
402 Spruce Avenue has been categorized by the local assessors in Independence, OR as a residential type of property. The building on the property was first built in 1975 and is 49 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 402 Spruce Avenue has 1,008 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,625 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 294 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. 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, 402 Spruce Avenue was last sold in Dec 6, 2021 for $345,000. According to our calculations, that's $264.98 per sqft. Prior to that sales transaction, the property was sold for $224,000 in Mar 5, 2019. Current property owners are expected to pay $2,403 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 402 Spruce Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $129,370. To break that down further, the land itself was valued at $45,180. While improvements to the property were assessed at a total of $84,190. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 294
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,625
  • Total Building Area: 1,302
  • Gross Building Area: 1,302
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,008
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HILL PARK ADDITION NO. 4
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HILL PARK ADDITION NO. 4 LOT 8 BLOCK 8

Ownership

  • Current Owner : RUMSEY DONALD E
  • Previous Owner : BOLDENOW CAMRON M
  • Previous Owner 2: BOLDENOW ASHLYNN J
  • Owner Before Previous Owner: GREENLEE DALE E
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Central School District 13J
  • Census Tract: 020305

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: 08-4-28CB
  • Account Number: 207414
  • Parcel: 207414
  • Block: 8
  • Lot: 8
  • Meridian: SEC 28 TWN 08S RNG 4W
  • Municipality: POLK COUNTY FD #1 LOCAL OPTION
  • Latitude: 44.8432
  • Longitude: -123.19

    Address

  • Full Address: 402 Spruce Ave
  • Address - House Number: 402
  • Address - Street Name: Spruce
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Independence
  • Carrier Code: C003
  • 4-Digit Zip Code: 1632
  • Zip Code: 97351

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,403
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 1303

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 338,812
  • High Value: 390,805
  • Low Value: 286,820

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,935
  • First Open Lien Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 07, 2021
  • First Open Lien Mortgage Loan Amount: $352,935
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $285,640
  • Market Land Value: $125,000
  • Market Improvement Value: $160,640

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $129,370
  • Assessed Land Value: $45,180
  • Assessed Improvements Value: $84,190

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Transaction ID: 11873053852
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-019115
  • Previous Sale Recording Date: Mar 06, 2019
  • Previous Sale Contract Date: Mar 05, 2019
  • Previous Sale Amount: $224,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 07, 2021
  • First Mortgage Loan Amount: $352,935
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: LPMC LLC
  • Previous Mortgage Transaction Date: Mar 06, 2019
  • Previous Mortgage Loan Amount: $219,942
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About Independence



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 402 Spruce Avenue located in?
The 402 Spruce Avenue is a house located in the neighborhood of Polk in Independence, Independence.
What is the average sales price for listings in 402 Spruce Avenue?
The average sales price for units in 402 Spruce Avenue is $335,000 , or $332/sqft. currently.

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