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445 Southwest Tunison Avenue

445 Southwest Tunison Avenue, Corvallis, OR 97333
Property in South Corvallis
Sold May 22, 2020
$720,000
$2,737,500 by Maps Credit Union
Mortgage Due Mar 10, 2032
Sold May 15, 2018
$425,000
445 Southwest Tunison Avenue in Corvallis, OR was first built in 1972 and is 52 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. It is a single story home. 445 Southwest Tunison Avenue has 21,300 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 46,609 square feet.

Learn more about the property and building on this page. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating 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, 445 Southwest Tunison Avenue was last sold in May 21, 2020 for $720,000. According to our calculations, that's $33.80 per sqft. Prior to that sales transaction, the property was sold for $425,000 in May 15, 2018. Current property owners are expected to pay $26,809 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 445 Southwest Tunison Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,438,990. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Style: Multifamily
  • Floor Count: 1
  • Living Units: 24
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 21,300
  • Gross Building Area: 21,300
  • Building Area: 21,300
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 21,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND LAWN ACRES
  • Land Acres: 1.07
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)

Ownership

  • Current Owner : RIVERINE LLC
  • Current Owner 2: MAPLELEAF RE LLC
  • Previous Owner : LT INVSTMENTS LLC
  • Owner Before Previous Owner: JCR PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Corvallis School District 509J
  • School Tax School District: 0966
  • Census Tract: 000101

Zoning

  • Zoning: RS-12

Geography

  • Assessors Map Reference: 12511BC
  • Account Number: 159149
  • Parcel: 159149
  • Block: 2
  • Meridian: SEC 11 TWN 12S RNG 5W
  • Municipality: CORV
  • Latitude: 44.5437
  • Longitude: -123.27

    Address

  • Full Address: 445 Sw Tunison Ave
  • Address - House Number: 445
  • Street Direction: SW
  • Address - Street Name: Tunison
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Corvallis
  • Carrier Code: C042
  • 4-Digit Zip Code: 2828
  • Zip Code: 97333

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,809
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 0901

    Appraisal Valuation

  • Standard Deviation: 0.477
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 4
  • Final Value: 2,932,676
  • High Value: 4,331,726
  • Low Value: 1,533,625

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,737,500
  • First Open Lien Mortgage Lender: MAPS CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 10, 2022
  • First Open Lien Mortgage Loan Amount: $2,737,500
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 10, 2032

    Market Valuation

  • Market Total Value: $3,152,029
  • Market Land Value: $792,353
  • Market Improvement Value: $2,359,676

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,438,990

    Sales

  • Current Sale Contract Date: May 21, 2020
  • Current Sale Recording Date: May 22, 2020
  • Current Sale Transaction ID: 11762392376
  • Current Sale Price: $720,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-595194
  • Previous Sale Recording Date: May 15, 2018
  • Previous Sale Contract Date: May 15, 2018
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Warranty Deed

About South Corvallis



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 445 Southwest Tunison Avenue located in?
The 445 Southwest Tunison Avenue is a located in the neighborhood of South Corvallis in South Corvallis, Corvallis.
What is the average sales price for listings in 445 Southwest Tunison Avenue?
The average sales price for units in 445 Southwest Tunison Avenue is $0 currently.

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