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7425 Southwest Canyon Lane

7425 Southwest Canyon Lane, Portland, OR 97225
Sold Feb 28, 2019
$512,000
$484,350 by Jg Wentworth Home Lending Inc
Mortgage Due Mar 01, 2049
Sold Aug 25, 2015
$430,000
$344,000 by Summit Mortgage Corp
Mortgage Due Sep 01, 2045
7425 Southwest Canyon Lane 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 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 7425 Southwest Canyon Lane has 2,600 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,040 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 12,197 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 264 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying 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 forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Feb 25, 2019 for $512,000. That's $178.77 per sqft. Prior to that sales transaction, the property was also sold in Aug 24, 2015 for $430,000. 7425 Southwest Canyon Lane was last assessed in 2024. The total value of the property was assessed at $297,500. 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 $6,632. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • 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 Type: Finished improved basement
  • Basement Area: 1,040
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,864
  • Gross Building Area: 2,864
  • Building Area: 2,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST SLOPE
  • Land Acres: 0.28
  • 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: ACRES 0.28

Ownership

  • Current Owner : TAYLOR ZACHARY S
  • Previous Owner : LAWRENCE PATRICIA M
  • Owner Before Previous Owner: WHITE CATHERINE L
  • Owner Before Previous Owner 2: GROVE ROBERT S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 030200

Zoning

  • Zoning: R7

Geography

  • District: 46
  • Parcel: R3686
  • Meridian: SEC 12 TWN 01S RNG 01W
  • Municipality: BEAVERTON
  • Latitude: 45.5038
  • Longitude: -122.754

    Address

  • Full Address: 7425 Sw Canyon Ln
  • Address - House Number: 7425
  • Street Direction: SW
  • Address - Street Name: Canyon
  • Address - Suffix Type: Ln
  • State: OR
  • City Name: Portland
  • Carrier Code: C013
  • 4-Digit Zip Code: 3731
  • Zip Code: 97225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,632
  • Tax Rate Code Area: 104.25

    Appraisal Valuation

  • Standard Deviation: 0.1187
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 87
  • Final Value: 682,366
  • High Value: 763,391
  • Low Value: 601,341

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $484,350
  • First Open Lien Mortgage Lender: JG WENTWORTH HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Feb 28, 2019
  • First Open Lien Mortgage Loan Amount: $484,350
  • 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, 2049

    Market Valuation

  • Market Total Value: $596,010
  • Market Land Value: $485,930
  • Market Improvement Value: $110,080

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $297,500

    Sales

  • Current Sale Contract Date: Feb 25, 2019
  • Current Sale Recording Date: Feb 28, 2019
  • Current Sale Transaction ID: 11574034182
  • Current Sale Price: $512,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-011654
  • Previous Sale Recording Date: Aug 25, 2015
  • Previous Sale Contract Date: Aug 24, 2015
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JG WENTWORTH HOME LENDING INC
  • First Mortgage Transaction Date: Feb 28, 2019
  • First Mortgage Loan Amount: $484,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 25, 2015
  • Previous Mortgage Loan Amount: $344,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

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Frequently Asked Questions

What neighborhood is 7425 Southwest Canyon Lane located in?
The 7425 Southwest Canyon Lane is a located in the neighborhood of Cedar Hills - Cedar Mill North in Cedar Hills - Cedar Mill North, Portland.
What is the average sales price for listings in 7425 Southwest Canyon Lane?
The average sales price for units in 7425 Southwest Canyon Lane is $0 currently.

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