Check Availability

525 Southeast Vera Avenue

525 Southeast Vera Avenue, Corvallis, OR 97333
Property in South Corvallis
Sold May 16, 2016
$315,000
$252,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2046
Sold Jun 16, 1998
$110,500
525 Southeast Vera Avenue has been categorized by the local assessors in Corvallis, OR as a residential type of property. The building on the property was first built in 1948 and is 76 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 525 Southeast Vera Avenue has 1,832 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 936 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 9,583 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a bowstring truss style roof. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. 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, 525 Southeast Vera Avenue sold most recently in May 12, 2016 for a total of $315,000. If you work out the math, that's approximately a cost of $171.94 per sqft. Before that, the property was also sold for $110,500 in Jun 16, 1998. 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 $3,183 in taxes each year. 525 Southeast Vera Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $170,868. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Roof Shape Type: Bowstring truss
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 936
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,832
  • Gross Building Area: 2,072
  • Building Area: 1,832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,832
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MINTY ACRES 2
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MINTY ACRES 2 LOT 6 BLK 1

Ownership

  • Current Owner : FETTER ANTHONY J
  • Current Owner 2: POTE KRISTIN A
  • Previous Owner : EDWARDS DARREN J
  • Previous Owner 2: ROSS CHARLOTTE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Corvallis School District 509J
  • School Tax School District: 0901
  • Census Tract: 000101

Zoning

  • Zoning: RS-3.5

Geography

  • Assessors Map Reference: 12502DC
  • Account Number: 133409
  • Parcel: 133409
  • Block: 1
  • Lot: 6
  • Meridian: SEC 2 TWN 12S RNG 5W
  • Municipality: CITY OF CORVALLIS
  • Latitude: 44.5516
  • Longitude: -123.261

    Address

  • Full Address: 525 Se Vera Ave
  • Address - House Number: 525
  • Street Direction: SE
  • Address - Street Name: Vera
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Corvallis
  • Carrier Code: C017
  • 4-Digit Zip Code: 1220
  • Zip Code: 97333

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,183
  • Tax Rate Code Area: 0901

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 477,005
  • High Value: 550,808
  • Low Value: 403,202

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 16, 2016
  • First Open Lien Mortgage Loan Amount: $252,000
  • 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: Jun 01, 2046

    Market Valuation

  • Market Total Value: $395,860
  • Market Land Value: $208,000
  • Market Improvement Value: $187,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,868

    Sales

  • Current Sale Contract Date: May 12, 2016
  • Current Sale Recording Date: May 16, 2016
  • Current Sale Transaction ID: 1548105270
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-544262
  • Previous Sale Recording Date: Jun 16, 1998
  • Previous Sale Contract Date: Jun 16, 1998
  • Previous Sale Amount: $110,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 16, 2016
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

About South Corvallis



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 525 Southeast Vera Avenue located in?
The 525 Southeast Vera Avenue is a located in the neighborhood of South Corvallis in South Corvallis, Corvallis.
What is the average sales price for listings in 525 Southeast Vera Avenue?
The average sales price for units in 525 Southeast Vera Avenue is $0 currently.

Nearby Counties
Quantcast