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501 South 8th Avenue

501 South 8th Avenue, Cornelius, OR 97113
House in Washington
Sold Sep 01, 2021
$10,000
$494,700 by Redfin Mortgage Llc
Mortgage Due Aug 01, 2051
Sold Jul 29, 2021
$510,000
$494,700 by Redfin Mortgage Llc
Mortgage Due Aug 01, 2051
501 South 8th Avenue has been categorized by the local assessors in Cornelius, OR as a residential type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 2007. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 501 South 8th Avenue has 2,202 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 18,731 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. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 11, 2021 for $10,000. That's $4.54 per sqft. Prior to that sales transaction, the property was also sold in Jul 21, 2021 for $510,000. 501 South 8th Avenue was last assessed in 2024. The total value of the property was assessed at $176,600. 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 $2,973. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Driveway

Driveway

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2007
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 2,202
  • Gross Building Area: 2,202
  • Building Area: 2,202
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,202
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORNELIUS ENVIRONS
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • State Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: CORNELIUS ENVIRONS, LOT PT 45, ACRES 0.43

Ownership

  • Current Owner : KAMAKAIANI AMINA NEAL LYNDON
  • Current Owner 2: KAMAKAIANI AMINA LOU
  • Previous Owner : WINTERHOUSE DARRELL L
  • Owner Before Previous Owner: WINTERBOURNE DARRELL LEE
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Forest Grove School District 15
  • Census Tract: 032903

Zoning

  • Zoning: R7

Geography

  • District: 47
  • Parcel: R411209
  • Lot: 45
  • Meridian: SEC 04 TWN 01S RNG 03W
  • Municipality: CORNELIUS
  • Latitude: 45.5158
  • Longitude: -123.062

    Address

  • Full Address: 501 S 8th Ave
  • Address - House Number: 501
  • Street Direction: S
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Cornelius
  • Carrier Code: R045
  • 4-Digit Zip Code: 6922
  • Zip Code: 97113

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,973
  • Tax Rate Code Area: 015.12

    Appraisal Valuation

  • Standard Deviation: 0.1006
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 90
  • Final Value: 580,563
  • High Value: 639,005
  • Low Value: 522,121

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $494,700
  • First Open Lien Mortgage Lender: REDFIN MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 29, 2021
  • First Open Lien Mortgage Loan Amount: $494,700
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $562,570
  • Market Land Value: $294,400
  • Market Improvement Value: $268,170

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $176,600

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Transaction ID: 11853243000
  • Current Sale Price: $10,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2021-094940
  • Previous Sale Recording Date: Jul 29, 2021
  • Previous Sale Contract Date: Jul 21, 2021
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 01, 2021
  • First Mortgage Loan Amount: $318,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: REDFIN MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jul 29, 2021
  • Previous Mortgage Loan Amount: $494,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About Cornelius



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Nearby Rentals

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1015 S Palmetto Way #1015 S Palmetto Way, Cornelius, OR, 97113 Listing by Manager

Frequently Asked Questions

What neighborhood is 501 South 8th Avenue located in?
The 501 South 8th Avenue is a house located in the neighborhood of Washington in Cornelius, Cornelius.
What is the average sales price for listings in 501 South 8th Avenue?
The average sales price for units in 501 South 8th Avenue is $0 currently.

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