725 Northwest Merrie Drive

Local assessors in Corvallis, OR have categorized 725 Northwest Merrie Drive as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 10,890 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 725 Northwest Merrie Drive has a total of 2,314 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 520 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 616 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof. Residents rely on air conditioning for their cooling system. The home's a radiant heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 17, 2017 for $410,000. That's $177.18 per sqft. Prior to that sales transaction, the property was also sold in Aug 3, 2009 for $296,000. 725 Northwest Merrie Drive was last assessed in 2023. The total value of the property was assessed at $360,125. 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 $6,709. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.