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416 Southwest Madison Street

416 Southwest Madison Street, Sheridan, OR 97378
Property in Yamhill
Sold May 19, 2010
$116,000
Buyer
Seller
$181,000 by Nationstar Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Aug 01, 2008
$60,000
Buyer
Hud
Seller
416 Southwest Madison Street has been categorized by the local assessors in Sheridan, OR as a residential type of property. The building on the property was first built in 1947 and is 77 years old. The home has a total of 2 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, 416 Southwest Madison Street has 2,346 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 10,001 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. As for the floors, you'll see that the home has flooring throughout. There is a single fireplace in the home. Perfect for those wintery 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, 416 Southwest Madison Street sold most recently in May 18, 2010 for a total of $116,000. If you work out the math, that's approximately a cost of $78.59 per sqft. Before that, the property was also sold for $60,000 in Jul 31, 2008. 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 $1,260 in taxes each year. 416 Southwest Madison Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $98,235. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,476
  • Gross Building Area: 1,476
  • Building Area: 2,346
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,346
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORNWALLS PARTIAL VACTION
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 4 & 3 - BLOCK 1 IN CORNWALLS PARTIAL VACTION

Ownership

  • Current Owner : LOCKE AMY P
  • Previous Owner : HALL SHERRY
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sheridan School District 48J
  • Census Tract: 030502

Zoning

  • Zoning: R1

Geography

  • Parcel: 227347
  • Block: 1
  • Lot: 4
  • Meridian: SEC 35 TWN 05S RNG 06W
  • Municipality: CITY OF SHERIDAN
  • Latitude: 45.0947
  • Longitude: -123.401

    Address

  • Full Address: 416 Sw Madison St
  • Address - House Number: 416
  • Street Direction: SW
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: OR
  • City Name: Sheridan
  • Carrier Code: C002
  • 4-Digit Zip Code: 1618
  • Zip Code: 97378

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,260
  • Tax Rate Code Area: 48

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 74
  • Final Value: 303,909
  • High Value: 362,343
  • Low Value: 245,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,000
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 30, 2021
  • First Open Lien Mortgage Loan Amount: $181,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $302,721
  • Market Land Value: $116,134
  • Market Improvement Value: $186,587

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,235

    Sales

  • Current Sale Contract Date: May 18, 2010
  • Current Sale Recording Date: May 19, 2010
  • Current Sale Transaction ID: 11458935462
  • Current Sale Price: $116,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201006417
  • Previous Sale Recording Date: Aug 01, 2008
  • Previous Sale Contract Date: Jul 31, 2008
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DBA WESTCORP MORTGAGE GROUP
  • First Mortgage Transaction Date: May 19, 2010
  • First Mortgage Loan Amount: $118,320
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2040

About Sheridan



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Frequently Asked Questions

What neighborhood is 416 Southwest Madison Street located in?
The 416 Southwest Madison Street is a located in the neighborhood of Yamhill in Sheridan, Sheridan.
What is the average sales price for listings in 416 Southwest Madison Street?
The average sales price for units in 416 Southwest Madison Street is $0 currently.

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