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7555 Southwest Lara Street

7555 Southwest Lara Street, Portland, OR 97223
Sold Aug 15, 2019
$456,000
$367,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2051
Sold May 20, 2019
$440,800
$400,000,000 by Deutsche Bank
Mortgage
7555 Southwest Lara Street 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 1973 and is 51 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 7555 Southwest Lara Street has 1,971 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 7,405 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 561 sqft. According to our sources, there are a total of 2 available parking spaces. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7555 Southwest Lara Street sold most recently in Jun 19, 2019 for a total of $456,000. If you work out the math, that's approximately a cost of $180.09 per sqft. Before that, the property was also sold for $440,800 in May 16, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,303 in taxes each year. 7555 Southwest Lara Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $300,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Wood Siding

Driveway

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

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 561
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,532
  • Gross Building Area: 2,532
  • Building Area: 1,971
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,971
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORESTWAYE
  • Land Acres: 0.17
  • 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: FORESTWAYE, BLOCK 1, LOT 11, ACRES 0.17

Ownership

  • Current Owner : WERDMULLER VONELGG AARON THOMAS
  • Current Owner 2: WERDMULLER VON ELGG KATHLEEN SHAVER
  • Previous Owner : OPENDOOR PROPERTY D LLC
  • Owner Before Previous Owner: COCHRAN NANCY M
  • Owner Before Previous Owner 2: COCHRAN CORY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Beaverton School District 48J
  • Census Tract: 030502

Zoning

  • Zoning: R-5

Geography

  • Parcel: R226990
  • Block: 1
  • Lot: 11
  • Meridian: SEC 25 TWN 01S RNG 01W
  • Municipality: BEAVERTON
  • Latitude: 45.4577
  • Longitude: -122.754

    Address

  • Full Address: 7555 Sw Lara St
  • Address - House Number: 7555
  • Street Direction: SW
  • Address - Street Name: Lara
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C005
  • 4-Digit Zip Code: 9256
  • Zip Code: 97223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,303
  • Tax Rate Code Area: 051.50

    Appraisal Valuation

  • Standard Deviation: 0.1
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 90
  • Final Value: 609,607
  • High Value: 670,581
  • Low Value: 548,633

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $367,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 14, 2020
  • First Open Lien Mortgage Loan Amount: $367,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $564,720
  • Market Land Value: $307,250
  • Market Improvement Value: $257,470

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $300,000

    Sales

  • Current Sale Contract Date: Jun 19, 2019
  • Current Sale Recording Date: Aug 15, 2019
  • Current Sale Transaction ID: 11635593707
  • Current Sale Price: $456,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-054104
  • Previous Sale Recording Date: May 20, 2019
  • Previous Sale Contract Date: May 16, 2019
  • Previous Sale Amount: $440,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 15, 2019
  • First Mortgage Loan Amount: $364,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: DEUTSCHE BANK
  • Previous Mortgage Transaction Date: May 20, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $400,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Amount keyed is an Aggregate amount

About Raleigh Hills



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7555 Southwest Lara Street located in?
The 7555 Southwest Lara Street is a house located in the neighborhood of Raleigh Hills in Raleigh Hills, Portland.
What is the average sales price for listings in 7555 Southwest Lara Street?
The average sales price for units in 7555 Southwest Lara Street is $0 currently.

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