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550 South Settlemier Avenue

550 South Settlemier Avenue, Woodburn, OR 97071
Property in Marion
Sold May 22, 2020
$452,000
$438,440 by American Pacific Mortgage Corp
Mortgage Due Jun 01, 2050
Sold Dec 12, 2019
$450,000
$427,500 by Evergreen Moneysource Mortgage
Mortgage Due Jan 01, 2050
550 South Settlemier Avenue has been categorized by the local assessors in Woodburn, OR as a residential type of property. The building on the property was first built in 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 12 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 550 South Settlemier Avenue has 4,595 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 14,810 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 826 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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 metal control joints. The building has a gable style roof made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 550 South Settlemier Avenue was last sold in May 19, 2020 for $452,000. According to our calculations, that's $83.38 per sqft. Prior to that sales transaction, the property was sold for $450,000 in Sep 12, 2019. Current property owners are expected to pay $6,958 in taxes per year. The property on 550 South Settlemier Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $360,100. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1958
  • Effective Year Built: 1970
  • Building Count: 2
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 826
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 5,421
  • Gross Building Area: 5,421
  • Building Area: 4,595
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,595
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HICKS SECOND ADDITION TO WOODBURN
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ACRES 0.34

Ownership

  • Current Owner : LOPEZ JOSE A
  • Previous Owner : HERRERA CRUZ DAVID
  • Owner Before Previous Owner: LOPEZ GREGORIO J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Woodburn School District 103
  • School Tax School District: WOODBURN
  • Census Tract: 010309

Zoning

  • Zoning: RS

Geography

  • Account Number: 513755
  • Parcel: 513755
  • Meridian: SEC 18 TWN 05S RNG 01W
  • Latitude: 45.1392
  • Longitude: -122.863

    Address

  • Full Address: 550 S Settlemier Ave
  • Address - House Number: 550
  • Street Direction: S
  • Address - Street Name: Settlemier
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Woodburn
  • Carrier Code: C002
  • 4-Digit Zip Code: 5502
  • Zip Code: 97071

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,958
  • Tax Rate Code Area: 10303030

    Appraisal Valuation

  • Standard Deviation: 0.1357
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 84
  • Final Value: 616,078
  • High Value: 699,715
  • Low Value: 532,442

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $438,440
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 22, 2020
  • First Open Lien Mortgage Loan Amount: $438,440
  • 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, 2050

    Market Valuation

  • Market Total Value: $688,140
  • Market Land Value: $139,200
  • Market Improvement Value: $548,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,100

    Sales

  • Current Sale Contract Date: May 19, 2020
  • Current Sale Recording Date: May 22, 2020
  • Current Sale Transaction ID: 11762030331
  • Current Sale Price: $452,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 12, 2019
  • Previous Sale Contract Date: Sep 12, 2019
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: May 22, 2020
  • First Mortgage Loan Amount: $438,440
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • Previous Mortgage Transaction Date: Dec 12, 2019
  • Previous Mortgage Loan Amount: $427,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Woodburn



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Frequently Asked Questions

What neighborhood is 550 South Settlemier Avenue located in?
The 550 South Settlemier Avenue is a located in the neighborhood of Marion in Woodburn, Woodburn.
What is the average sales price for listings in 550 South Settlemier Avenue?
The average sales price for units in 550 South Settlemier Avenue is $0 currently.

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