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5941 Southwest Corbett Avenue

5941 Southwest Corbett Avenue, Portland, OR 97239
Sold Feb 22, 2024
$628,000
$502,400 by Navy Federal Credit Union
Mortgage Due Mar 01, 2054
Sold Apr 04, 2019
$380,000
$342,000 by Caliber Home Loans Inc
Mortgage Due Apr 01, 2049
5941 Southwest Corbett Avenue has been categorized by the local assessors in Portland, OR as a residential type of property. The building on the property was first built in 1908 and is 116 years old. However, we must point out that the home was most recently renovated and altered in 2020. The home has a total of 2 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, 5941 Southwest Corbett Avenue has 1,508 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 4,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

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 garage for those who require parking. The garage measured 200 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 good. The building has a bowstring truss style roof made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 5941 Southwest Corbett Avenue was last sold in Feb 16, 2024 for $628,000. According to our calculations, that's $304.85 per sqft. Prior to that sales transaction, the property was sold for $380,000 in Mar 28, 2019. Current property owners are expected to pay $8,200 in taxes per year. The property on 5941 Southwest Corbett Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $309,730. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 552
  • Garage Type: Garage
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 2,060
  • Gross Building Area: 2,060
  • Building Area: 1,508
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,508
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTHPORT
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTHPORT, BLOCK 5, LOT 6

Ownership

  • Current Owner : GUIZZETTI ERIC
  • Current Owner 2: GUIZZETTI SHOKO
  • Previous Owner : BULL JOHN
  • Owner Before Previous Owner: OBRIEN ELIZABETH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 005903

Zoning

  • Zoning: R5

Geography

  • Account Number: R781201600
  • Parcel: R273641
  • Block: 5
  • Lot: 6
  • Meridian: SEC 15 TWN 01S RNG 01E
  • Latitude: 45.4805
  • Longitude: -122.677

    Address

  • Full Address: 5941 S Corbett Ave
  • Address - House Number: 5941
  • Street Direction: S
  • Address - Street Name: Corbett
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C001
  • 4-Digit Zip Code: 3709
  • Zip Code: 97239

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,200
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.0641
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 97
  • Final Value: 618,605
  • High Value: 658,304
  • Low Value: 578,906

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $502,400
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Feb 22, 2024
  • First Open Lien Mortgage Loan Amount: $502,400
  • 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: Mar 01, 2054

    Market Valuation

  • Market Total Value: $605,790
  • Market Land Value: $289,500
  • Market Improvement Value: $316,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,730

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Transaction ID: 11921312520
  • Current Sale Price: $628,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10207
  • Previous Sale Recording Date: Apr 04, 2019
  • Previous Sale Contract Date: Mar 28, 2019
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Feb 22, 2024
  • First Mortgage Loan Amount: $502,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Apr 04, 2019
  • Previous Mortgage Loan Amount: $342,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About Lair Hill



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Frequently Asked Questions

What neighborhood is 5941 Southwest Corbett Avenue located in?
The 5941 Southwest Corbett Avenue is a house located in the neighborhood of Corbet - Terwilliger - Lair Hill in Lair Hill, Portland.
What is the average sales price for listings in 5941 Southwest Corbett Avenue?
The average sales price for units in 5941 Southwest Corbett Avenue is $0 currently.

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