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5440 Southwood Drive

5440 Southwood Drive, Lake Oswego, OR 97035
Property in Oak Creek
Sold May 16, 1997
$135,000
$336,000 by Washington Mutual Bank
Mortgage Due May 01, 2027
Local assessors in Lake Oswego, OR have categorized 5440 Southwood Drive as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 9,548 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5440 Southwood Drive has a total of 3,470 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a hip style roof that was made of wood shake/ shingles. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. 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, 5440 Southwood Drive was last sold in May 15, 1997 for $135,000. According to our calculations, that's $38.90 per sqft. Current property owners are expected to pay $11,674 in taxes per year. The property on 5440 Southwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $606,524. 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. 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.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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Other
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,548
  • Total Building Area: 3,470
  • Building Area: 3,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIGHTON
  • Land Acres: 0.219
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3242 BRIGHTON LT 20

Ownership

  • Current Owner : ROSE ROBERT B
  • Current Owner 2: STOUT CAROL R
  • Previous Owner : CHAFFEY DEVELOPMENT CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lake Oswego School District 7J
  • Census Tract: 020304

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 655-J4
  • Account Number: 01693867
  • Parcel: 01693867
  • Lot: 20
  • Meridian: SEC 06 TWN 2S RNG 1E
  • Municipality: LAKE OSWEGO
  • Latitude: 45.4279
  • Longitude: -122.732

    Address

  • Full Address: 5440 Southwood Dr
  • Address - House Number: 5440
  • Address - Street Name: Southwood
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C019
  • 4-Digit Zip Code: 5779
  • Zip Code: 97035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,674
  • Tax Rate Code Area: 007-021

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 79
  • Final Value: 1,172,378
  • High Value: 1,366,104
  • Low Value: 978,653

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $436,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Open Lien Mortgage Recording Date: May 16, 1997
  • First Open Lien Mortgage Loan Amount: $336,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: May 01, 2027
  • Second Open Lien Mortgage Lender: ONPOINT COMMUNITY CU
  • Second Open Lien Mortgage Recording Date: Oct 31, 2013
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 26, 2043

    Market Valuation

  • Market Total Value: $1,157,374
  • Market Land Value: $423,994
  • Market Improvement Value: $733,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $606,524

    Sales

  • Current Sale Contract Date: May 15, 1997
  • Current Sale Recording Date: May 16, 1997
  • Current Sale Transaction ID: 1142390977
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 97-037015

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Mortgage Transaction Date: May 16, 1997
  • First Mortgage Loan Amount: $336,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 01, 2027
  • Second Mortgage Loan Amount: $91,600

About Lake Oswego



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Frequently Asked Questions

What neighborhood is 5440 Southwood Drive located in?
The 5440 Southwood Drive is a located in the neighborhood of Oak Creek in Lake Oswego, Lake Oswego.
What is the average sales price for listings in 5440 Southwood Drive?
The average sales price for units in 5440 Southwood Drive is $0 currently.

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