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5040 Southwest Downs View Court

5040 Southwest Downs View Court, Portland, OR 97221
Property in Bridlemile
Sold Feb 10, 2021
$1,512,500
$1,146,000 by Homestreet Bank
Mortgage Due Feb 01, 2051
Sold Oct 04, 2019
$1,512,500
$1,134,375 by Synergy One Lending
Mortgage Due Oct 01, 2049
5040 Southwest Downs View Court in Portland, OR was first built in 1962 and is 62 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 unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 5040 Southwest Downs View Court has 5,392 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. The basement is 1,678 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 22,500 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood. Water for the property is sourced from a water system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a attached garage. The garage is 544 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5040 Southwest Downs View Court was last sold in Oct 1, 2019 for $1,512,500. According to our calculations, that's $254.80 per sqft. Prior to that sales transaction, the property was sold for $1,512,500 in Oct 1, 2019. Current property owners are expected to pay $20,933 in taxes per year. The property on 5040 Southwest Downs View Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $983,830. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 5
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,678
  • Garage Type: Attached
  • Garage Square Area: 544
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,500
  • Total Building Area: 5,936
  • Gross Building Area: 5,936
  • Building Area: 5,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,392
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WILCOX ESTATES
  • Land Acres: 0.517
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILCOX ESTATES, BLOCK 10, LOT 20&21 EXC SELY 25

Ownership

  • Current Owner : MATOS WILLIAM
  • Current Owner 2: MATOS KATHERINE
  • Previous Owner : HALL ALICE VAUX
  • Previous Owner 2: HARROD TERI A
  • Owner Before Previous Owner: HALL ALICE VAUX
  • Owner Before Previous Owner 2: HARROD TERI A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 006801

Zoning

  • Zoning: R10

Geography

  • Account Number: R909705290
  • Parcel: R306194
  • Block: 10
  • Lot: 20,21
  • Meridian: SEC 07 TWN 01S RNG 01E
  • Latitude: 45.4972
  • Longitude: -122.729

    Address

  • Full Address: 5040 Sw Downs View Ct
  • Address - House Number: 5040
  • Street Direction: SW
  • Address - Street Name: Downs View
  • Address - Suffix Type: Ct
  • State: OR
  • City Name: Portland
  • Carrier Code: C022
  • 4-Digit Zip Code: 2127
  • Zip Code: 97221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,933
  • Tax Rate Code Area: 121

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 74
  • Final Value: 1,894,773
  • High Value: 2,259,551
  • Low Value: 1,529,995

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,146,000
  • First Open Lien Mortgage Lender: HOMESTREET BANK
  • First Open Lien Mortgage Recording Date: Feb 10, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,146,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $1,715,700
  • Market Land Value: $619,000
  • Market Improvement Value: $1,096,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $983,830

    Sales

  • Current Sale Contract Date: Oct 01, 2019
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Transaction ID: 11817176372
  • Current Sale Price: $1,512,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-023531
  • Previous Sale Recording Date: Oct 04, 2019
  • Previous Sale Contract Date: Oct 01, 2019
  • Previous Sale Amount: $1,512,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTREET BANK
  • First Mortgage Transaction Date: Feb 10, 2021
  • First Mortgage Loan Amount: $1,146,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SYNERGY ONE LENDING
  • Previous Mortgage Transaction Date: Oct 04, 2019
  • Previous Mortgage Loan Amount: $1,134,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Lair Hill



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Frequently Asked Questions

What neighborhood is 5040 Southwest Downs View Court located in?
The 5040 Southwest Downs View Court is a located in the neighborhood of Bridlemile in Lair Hill, Portland.
What is the average sales price for listings in 5040 Southwest Downs View Court?
The average sales price for units in 5040 Southwest Downs View Court is $0 currently.

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