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7140 Southwest Lorna Terrace

7140 Southwest Lorna Terrace, Beaverton, OR 97007
Sold Aug 18, 2020
$279,900
$223,920 by Homestreet Bank
Mortgage Due Sep 01, 2050
Sold Apr 12, 2004
$142,950
$114,360 by Northwest Mortgage Group Inc
Mortgage Due May 01, 2019
7140 Southwest Lorna Terrace has been categorized by the local assessors in Beaverton, OR as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 2 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 7140 Southwest Lorna Terrace has 1,433 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 1,742 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 208 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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 wood control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 12, 2020 for $279,900. That's $170.57 per sqft. Prior to that sales transaction, the property was also sold in Apr 9, 2004 for $142,950. 7140 Southwest Lorna Terrace was last assessed in 2024. The total value of the property was assessed at $203,540. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,565. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 208
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,641
  • Gross Building Area: 1,641
  • Building Area: 1,433
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,433
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LUCAS OAKS
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • State Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: LUCAS OAKS, LOT 19, ACRES 0.04

Ownership

  • Current Owner : NACE KELLY RAY
  • Previous Owner : VALCE GALL A
  • Previous Owner 2: ROSTOW VICTOR D
  • Owner Before Previous Owner: JLS CUSTOM HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Beaverton School District 48J
  • Census Tract: 031804

Zoning

  • Zoning: R-15

Geography

  • Parcel: R2118091
  • Lot: 19
  • Meridian: SEC 24 TWN 01S RNG 02W
  • Municipality: BEAVERTON
  • Latitude: 45.4685
  • Longitude: -122.885

    Address

  • Full Address: 7140 Sw Lorna Ter
  • Address - House Number: 7140
  • Street Direction: SW
  • Address - Street Name: Lorna
  • Address - Suffix Type: Ter
  • State: OR
  • City Name: Beaverton
  • Carrier Code: R002
  • 4-Digit Zip Code: 5813
  • Zip Code: 97007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,565
  • Tax Rate Code Area: 051.50

    Appraisal Valuation

  • Standard Deviation: 0.1036
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 89
  • Final Value: 422,653
  • High Value: 466,474
  • Low Value: 378,832

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,920
  • First Open Lien Mortgage Lender: HOMESTREET BANK
  • First Open Lien Mortgage Recording Date: Aug 18, 2020
  • First Open Lien Mortgage Loan Amount: $223,920
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $379,660
  • Market Land Value: $105,090
  • Market Improvement Value: $274,570

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $203,540

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 18, 2020
  • Current Sale Transaction ID: 11781380742
  • Current Sale Price: $279,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-077835
  • Previous Sale Recording Date: Apr 12, 2004
  • Previous Sale Contract Date: Apr 09, 2004
  • Previous Sale Amount: $142,950
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTREET BANK
  • First Mortgage Transaction Date: Aug 18, 2020
  • First Mortgage Loan Amount: $223,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NORTHWEST MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Apr 12, 2004
  • Previous Mortgage Loan Amount: $114,360
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2019

About Cooper Mountain - Aloha South



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Frequently Asked Questions

What neighborhood is 7140 Southwest Lorna Terrace located in?
The 7140 Southwest Lorna Terrace is a townhouse located in the neighborhood of Cooper Mountain - Aloha South in Cooper Mountain - Aloha South, Beaverton.
What is the average sales price for listings in 7140 Southwest Lorna Terrace?
The average sales price for units in 7140 Southwest Lorna Terrace is $279,900 , or $195/sqft. currently.

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