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4506 Southwest Ormandy Way

4506 Southwest Ormandy Way, Portland, OR 97221
Sold Jun 29, 2018
$1,299,000
$600,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2033
Sold Jul 16, 2015
$220,000
$905,000 by Community Financial Corp
Mortgage Due Jul 01, 2016
Local assessors in Portland, OR have categorized 4506 Southwest Ormandy Way as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 12,676 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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, 7 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 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 4506 Southwest Ormandy Way has a total of 4,333 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 2,086 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 818 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 25, 2018 for $1,299,000. That's $252.18 per sqft. Prior to that sales transaction, the property was also sold in Jul 15, 2015 for $220,000. 4506 Southwest Ormandy Way was last assessed in 2023. The total value of the property was assessed at $842,170. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $22,295. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 2,086
  • Garage Type: Attached
  • Garage Square Area: 818
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,676
  • Total Building Area: 5,151
  • Gross Building Area: 5,151
  • Building Area: 4,333
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,333
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREEN HILLS
  • Land Acres: 0.291
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREEN HILLS, BLOCK 22, LOT 7&8 TL 5200

Ownership

  • Current Owner : CORRIEA STEPHEN T
  • Current Owner 2: CORREIRA KATHRYN G
  • Previous Owner : THE SHELBURNE COMPANY INC
  • Owner Before Previous Owner: TAKLA VICTOR
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 006900

Zoning

  • Zoning: R10

Geography

  • Account Number: R340304470
  • Parcel: R172914
  • Block: 22
  • Lot: 7,8
  • Meridian: SEC 08 TWN 01S RNG 01E
  • Latitude: 45.5
  • Longitude: -122.723

    Address

  • Full Address: 4506 Sw Ormandy Way
  • Address - House Number: 4506
  • Street Direction: SW
  • Address - Street Name: Ormandy
  • Address - Suffix Type: Way
  • State: OR
  • City Name: Portland
  • Carrier Code: C002
  • 4-Digit Zip Code: 3114
  • Zip Code: 97221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,295
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.21
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 1,529,703
  • High Value: 1,851,024
  • Low Value: 1,208,382

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 29, 2018
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2033

    Market Valuation

  • Market Total Value: $1,623,120
  • Market Land Value: $371,500
  • Market Improvement Value: $1,251,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $842,170

    Sales

  • Current Sale Contract Date: Jun 25, 2018
  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Transaction ID: 11477009514
  • Current Sale Price: $1,299,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-068572
  • Previous Sale Recording Date: Jul 16, 2015
  • Previous Sale Contract Date: Jul 15, 2015
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 29, 2018
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY FINANCIAL CORP
  • Previous Mortgage Transaction Date: Jul 16, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $905,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 01, 2016

About Southwest Hills



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Frequently Asked Questions

What neighborhood is 4506 Southwest Ormandy Way located in?
The 4506 Southwest Ormandy Way is a house located in the neighborhood of Bridlemile - Southwest Hills in Southwest Hills, Portland.
What is the average sales price for listings in 4506 Southwest Ormandy Way?
The average sales price for units in 4506 Southwest Ormandy Way is $0 currently.

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