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7685 Southwest 71st Avenue

7685 Southwest 71st Avenue, Portland, OR 97223
Sold Dec 23, 2020
$460,000
$391,000 by Evergreen Moneysource Mortgage
Mortgage Due Jan 01, 2051
7685 Southwest 71st 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 1952 and is 72 years old. However, we must point out that the home was most recently renovated and altered in 2001. 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, 7685 Southwest 71st Avenue has 1,308 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 17,860 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 detached garage for those who require parking. The garage measured 1,014 sqft. According to our sources, there are a total of 6 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 heating system. 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, 7685 Southwest 71st Avenue sold most recently in Dec 14, 2020 for a total of $460,000. If you work out the math, that's approximately a cost of $351.68 per sqft. 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 $4,757 in taxes each year. 7685 Southwest 71st Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $270,150. 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. 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.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

Parking

Carport
RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 2001
  • 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: Detached
  • Garage Square Area: 1,014
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 1,308
  • Gross Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,308
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARDEN HOME-METZGER
  • Land Acres: 0.41
  • 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 0.41

Ownership

  • Current Owner : HOLT REBECCA DAWN LOTHRINGER
  • Current Owner 2: HOLT EVAN P
  • Previous Owner : JACOBS KERL T
  • Previous Owner 2: JACOBS DONALD L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-5

Geography

  • Parcel: R220157
  • Meridian: SEC 24 TWN 01S RNG 01W
  • Municipality: BEAVERTON
  • Latitude: 45.4645
  • Longitude: -122.751

    Address

  • Full Address: 7685 Sw 71st Ave
  • Address - House Number: 7685
  • Street Direction: SW
  • Address - Street Name: 71st
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C005
  • 4-Digit Zip Code: 9505
  • Zip Code: 97223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,757
  • Tax Rate Code Area: 051.50

    Appraisal Valuation

  • Standard Deviation: 0.164
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 79
  • Final Value: 552,627
  • High Value: 643,261
  • Low Value: 461,992

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $453,795
  • First Open Lien Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 23, 2020
  • First Open Lien Mortgage Loan Amount: $391,000
  • 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
  • Second Open Lien Mortgage Lender: FIGURE LENDING LLC
  • Second Open Lien Mortgage Recording Date: Jul 15, 2022
  • Second Open Lien Mortgage Loan Amount: $62,795
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 03, 2032

    Market Valuation

  • Market Total Value: $547,180
  • Market Land Value: $369,090
  • Market Improvement Value: $178,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $270,150

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Transaction ID: 11808158041
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-132978

    Last Sale Mortgage

  • First Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Mortgage Transaction Date: Dec 23, 2020
  • First Mortgage Loan Amount: $391,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Raleigh Hills



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Frequently Asked Questions

What neighborhood is 7685 Southwest 71st Avenue located in?
The 7685 Southwest 71st Avenue is a house located in the neighborhood of Raleigh Hills in Raleigh Hills, Portland.
What is the average sales price for listings in 7685 Southwest 71st Avenue?
The average sales price for units in 7685 Southwest 71st Avenue is $475,000 , or $363/sqft. currently.

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